Alta Equipment Group Declares Quarterly Dividend Announcement

Alta Equipment Group ( (ALTG) ) has shared an announcement.

On July 2, 2025, Alta Equipment Group Inc. announced that its Board of Directors declared a quarterly dividend of $625 per share on its 10% Series A Cumulative Perpetual Preferred Stock, with a record date of July 15, 2025, and a payment date of July 31, 2025. This decision underscores the company’s commitment to providing value to its shareholders and could positively impact its market positioning by reinforcing investor confidence.

The most recent analyst rating on (ALTG) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Alta Equipment Group stock, see the ALTG Stock Forecast page.

Spark’s Take on ALTG Stock

According to Spark, TipRanks’ AI Analyst, ALTG is a Neutral.

The overall stock score is influenced by strong technical indicators and strategic moves reflected in the earnings call, despite financial challenges such as high leverage and negative profitability. The valuation score is impacted by the current negative earnings, but the focus on share repurchases suggests management’s belief in the company’s intrinsic value.

To see Spark’s full report on ALTG stock, click here.

More about Alta Equipment Group

Alta Equipment Group Inc. is a leading provider of premium material handling, construction, and environmental processing equipment and related services. The company operates one of the largest integrated equipment dealership platforms in North America, offering sales, rentals, parts, and service support for specialized equipment across a broad range of categories. With a branch network spanning over 85 locations across multiple U.S. states and Canadian provinces, Alta provides a comprehensive one-stop-shop for equipment needs.

Average Trading Volume: 214,191

Technical Sentiment Signal: Hold

Current Market Cap: $223M

See more data about ALTG stock on TipRanks’ Stock Analysis page.