Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through three segments: Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services. The Power Industry Services segment offers engineering, procurement, and construction (EPC) contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and pipe and vessel fabrication services for forest products, industrial gas, large fertilizer, mining, and petrochemical companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structuring, cabling, terminations, and connectivity that offers the physical transport for high speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.
IPO Year:
Exchange: NYSE
Website: arganinc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/3/2024 | $85.00 → $150.00 | Buy → Hold | Lake Street |
Lake Street downgraded Argan from Buy to Hold and set a new price target of $150.00 from $85.00 previously
8-K - ARGAN INC (0000100591) (Filer)
8-K - ARGAN INC (0000100591) (Filer)
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8-K - ARGAN INC (0000100591) (Filer)
8-K - ARGAN INC (0000100591) (Filer)
8-K - ARGAN INC (0000100591) (Filer)
10-Q - ARGAN INC (0000100591) (Filer)
8-K - ARGAN INC (0000100591) (Filer)
8-K - ARGAN INC (0000100591) (Filer)
8-K - ARGAN INC (0000100591) (Filer)
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Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.375 per common share. The dividend will be payable on January 31, 2025 to stockholders of record at the close of business on January 23, 2025. David Watson, President and Chief Executive Officer of Argan, commented, "We are pleased to declare a regular quarterly cash dividend of $0.375 per common share. We remain confident in our business and energized by the strong demand for new projects. "Earlier this week we disclosed via Form 8-K that our subsidiary Gemma Power Systems received a full notice to proceed on an approximately 700 M
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces financial results for its third quarter of fiscal year 2025 ended October 31, 2024. The Company will host an investor conference call today, December 5, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) October 31, For the Quarter Ended: 2024 2023 Change Revenues $ 257,008 $ 163,755 $ 93,253 Gross
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 the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in information: Domestic: 888-506-0062 International: 973-528-0011 Access code: 925404 A replay of the teleconference will be available until December 19, 2024, and can be accessed by dialing 877-481-4010 (domestic)
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 boards of two privately held companies, Direct Brands, Inc. and The 41st Parameter, Inc. He was also a current member of the board of governors for RTI International and a former member of the board of governors for the University of North Carolina system that controls all state-owned universities and operates the largest hospital sys
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 announce today's dividend increase which reflects the strength of our financial performance and balance sheet and is aligned with our commitment to returning value to our shareholders. This 25% increase to $0.375 per common share per fiscal quarter, or $1.50 annually, comes just one year after our previous dividend raise and demonst
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces financial results for its second quarter of fiscal year 2025 ended July 31, 2024. The Company will host an investor conference call today, September 5, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) July 31, For the Quarter Ended: 2024 2023 Change Revenues $ 227,015 $ 141,349 $ 85,666 Gross profit 31,105 23,742
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announced that David Watson, Chief Executive Officer, will participate at the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference on Thursday, September 12, 2024 in NYC. Mr. Watson will be available for one-on-one meetings throughout the day. About Argan Argan's primary business is providing a full range of construction and related services to the power industry. Argan's service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable energy facilities, along with related commissioning, maintenance, project development and technical consulting services, through
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announced that the Company will release its second quarter fiscal 2025 financial results after the market closes on Thursday, September 5, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, September 5, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in information: Domestic: 888-506-0062 International: 973-528-0011 Access code: 246016 A replay of the teleconference will be available until September 19, 2024, and can be accessed by dialing 877-481-4010 (domes
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that Chief Financial Officer, Richard H. Deily, 71, will retire effective September 15, 2024, after a distinguished 40-year career in senior financial management, which includes a 17-year tenure with the Company. Josh Baugher, who has served as Vice President and Corporate Controller for Argan since 2022, will succeed Mr. Deily as Chief Financial Officer. Mr. Deily joined Argan in October 2007 as Corporate Controller and was named Vice President, Corporate Controller in January 2015. He has served as Chief Financial Officer since August 2022. Before joining Argan, his career included senior financial management roles with p
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that its Board of Directors (the "Board") declared a regular quarterly cash dividend in the amount of $0.30 per share of common stock. The dividend will be payable on July 31, 2024, to stockholders of record at the close of business on July 23, 2024. The Board also extended the expiration date of Argan's $125 million Share Repurchase Plan through January 31, 2027. About Argan, Inc. Argan's primary business is providing a full range of construction and related services to the power industry. Argan's service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable en
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.375 per common share. The dividend will be payable on January 31, 2025 to stockholders of record at the close of business on January 23, 2025. David Watson, President and Chief Executive Officer of Argan, commented, "We are pleased to declare a regular quarterly cash dividend of $0.375 per common share. We remain confident in our business and energized by the strong demand for new projects. "Earlier this week we disclosed via Form 8-K that our subsidiary Gemma Power Systems received a full notice to proceed on an approximately 700 M
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces financial results for its third quarter of fiscal year 2025 ended October 31, 2024. The Company will host an investor conference call today, December 5, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) October 31, For the Quarter Ended: 2024 2023 Change Revenues $ 257,008 $ 163,755 $ 93,253 Gross
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 the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in information: Domestic: 888-506-0062 International: 973-528-0011 Access code: 925404 A replay of the teleconference will be available until December 19, 2024, and can be accessed by dialing 877-481-4010 (domestic)
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 announce today's dividend increase which reflects the strength of our financial performance and balance sheet and is aligned with our commitment to returning value to our shareholders. This 25% increase to $0.375 per common share per fiscal quarter, or $1.50 annually, comes just one year after our previous dividend raise and demonst
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces financial results for its second quarter of fiscal year 2025 ended July 31, 2024. The Company will host an investor conference call today, September 5, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) July 31, For the Quarter Ended: 2024 2023 Change Revenues $ 227,015 $ 141,349 $ 85,666 Gross profit 31,105 23,742
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announced that the Company will release its second quarter fiscal 2025 financial results after the market closes on Thursday, September 5, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, September 5, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in information: Domestic: 888-506-0062 International: 973-528-0011 Access code: 246016 A replay of the teleconference will be available until September 19, 2024, and can be accessed by dialing 877-481-4010 (domes
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that its Board of Directors (the "Board") declared a regular quarterly cash dividend in the amount of $0.30 per share of common stock. The dividend will be payable on July 31, 2024, to stockholders of record at the close of business on July 23, 2024. The Board also extended the expiration date of Argan's $125 million Share Repurchase Plan through January 31, 2027. About Argan, Inc. Argan's primary business is providing a full range of construction and related services to the power industry. Argan's service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable en
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces financial results for its first quarter of fiscal year 2025 ended April 30, 2024. The Company will host an investor conference call today, June 6, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($s in thousands, except per share data) April 30, For the Quarter Ended: 2024 2023 Change Revenues $ 157,682 $ 103,675 $ 54,007 Gross profit 17,944 14,224 3,720 Gross margin %
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announced that the Company will release its first quarter fiscal 2025 financial results after the market closes on Thursday, June 6, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, June 6, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in information: Domestic: 888-506-0062 International: 973-528-0011 Access code: 882997 A replay of the teleconference will be available until June 20, 2024, and can be accessed by dialing 877-481-4010 (domestic) or 919-882-
Declares Regular Quarterly Dividend of $0.30 Per Share Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces financial results for its fourth quarter and fiscal year ended January 31, 2024. The Company will host an investor conference call today, April 11, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) January 31, For the Quarter Ended: 2024 2023 Change Revenues $ 164,554 $ 118,778 $ 45,776