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Alta Equipment Group ( (ALTG) ) just unveiled an update.
On January 5, 2026, Alta Equipment Group Inc. announced that its board of directors approved a quarterly dividend of $625 per share on its 10% Series A Cumulative Perpetual Preferred Stock, equivalent to $0.625 per outstanding depositary share representing a 1/1000th interest in a preferred share. The dividend will be paid on January 30, 2026, to shareholders of record as of January 15, 2026, underscoring the company’s ongoing commitment to returning capital to holders of its preferred securities and potentially reinforcing investor confidence in the stability of its cash flows from its extensive equipment dealership operations.
The most recent analyst rating on (ALTG) stock is a Hold with a $5.00 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.
Alta Equipment Group’s overall stock score reflects significant financial challenges, including high leverage and declining revenues. While there are positive aspects such as a high dividend yield and successful cost reduction initiatives, these are overshadowed by ongoing profitability issues and bearish technical indicators.
To see Spark’s full report on ALTG stock, click here.
More about Alta Equipment Group
Alta Equipment Group Inc., based in Livonia, Michigan, is a leading North American integrated equipment dealership platform focused on premium material handling, construction and environmental processing equipment and related services. Through a branch network of more than 80 locations across numerous U.S. states and Canadian provinces, the company sells, rents and services lift trucks, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, other construction machinery and allied products, positioning itself as a one-stop shop for customers’ equipment needs.
Average Trading Volume: 208,589
Technical Sentiment Signal: Sell
Current Market Cap: $161.5M
See more data about ALTG stock on TipRanks’ Stock Analysis page.