Argan stock hits all-time high at 254.0 USD

Argan Inc. stock reached a new milestone, hitting an all-time high of 254.0 USD, with the company now commanding a market capitalization of $3.49 billion. According to InvestingPro data, the company maintains an impressive GREAT financial health score. This marks a significant achievement for the company, reflecting a robust performance over the past year. The stock has experienced an impressive 173.52% increase over the last 12 months, supported by strong revenue growth of 29.16% and consistent dividend payments. InvestingPro analysis suggests the stock is trading above its Fair Value, though it maintains strong fundamentals with 15+ additional insights available to subscribers. Argan’s ability to achieve such a high price level underscores its strategic initiatives and market positioning, which have resonated well with investors and analysts alike. The company trades at a P/E ratio of 30.36 and has maintained dividend payments for 15 consecutive years, with a recent dividend growth of 66.67%.

In other recent news, Argan, Inc. reported its second-quarter fiscal year 2026 earnings, revealing a strong performance with earnings per share of $2.50. This figure significantly exceeded analysts’ expectations of $1.64 per share, marking a notable 52.44% earnings surprise. However, the company’s revenue for the quarter came in at $237.7 million, which was slightly below the anticipated $243.97 million. Additionally, Argan announced a 33% increase in its quarterly cash dividend, raising it from $0.375 to $0.50 per common share. This marks the third consecutive annual dividend increase for Argan, translating to $2.00 per share on an annual basis. The dividend will be payable on October 31, 2025, to stockholders of record as of October 23, 2025. These recent developments reflect ongoing investor interest and confidence in the company’s financial health.

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