Argan, Inc. Stock News

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its third quarter fiscal 2025 financial results after the market closes on Thursday, December 5, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, December 5, 2024 at 5:00 p.m. ET. Participants can access th...

24/7 Wall St. Insights Argan Inc. (NYSE: AGX) just rewarded its shareholders with a 25% dividend hike.

Argan's topline grew over 50% in H1 FY25, driven by strong demand and construction activity, particularly in the Power Services segment. The company's backlog exceeded $1 billion, supporting continued revenue growth, with strategic projects and collaborations positioning it well for long-term growth. Despite trading at a slight premium, AGX's robust growth prospect makes it a solid long-term buy.

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) is saddened to announce that board member W.G. Champion Mitchell passed away on October 8, 2024. Mr. Mitchell joined Argan's Board of Directors in October 2003 and served on the Executive Committee and the Nominating/Corporate Governance Committee. In addition to his board position with Argan, he served on the b...

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Power plant builder Argan raised its quarterly dividend by 25% last night. The new dividend yield is 1.6%.

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that on September 17, 2024, its Board of Directors declared a 25% increase in the quarterly cash dividend, raising it from $0.30 to $0.375 per common share. The dividend will be payable on October 31, 2024, to stockholders of record at the close of business on October 23, 2024. “We are pleased to...

Argan has returned 77% since my first coverage 6 months ago propelled by strong earnings reports. AGX's earnings show that the company continues to execute well and has margins under control in an industry prone to cost overruns. In a world hungry for energy, Argan's business in the power generation market pits it well for a future with new energy requirements and also replacing carbon-intensiv...