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NYSE:VATE

INNOVATE (VATE) Stock Price, News & Analysis

INNOVATE logo
$8.14 -0.04 (-0.46%)
Closing price 03:59 PM Eastern
Extended Trading
$8.15 +0.01 (+0.16%)
As of 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About INNOVATE Stock (NYSE:VATE)

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Key Stats

Today's Range
$7.99
$8.18
50-Day Range
$6.75
$12.27
52-Week Range
$3.75
$21.30
Volume
60,863 shs
Average Volume
168,295 shs
Market Capitalization
$111.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Sell

Company Overview

INNOVATE Corp. is a diversified holding company focused on operating and developing businesses in infrastructure and life sciences. The company seeks to build long-term value through a portfolio of operating subsidiaries and investments rather than through a single product or industry.

Its infrastructure operations are primarily conducted through DBM Global, a specialty industrial construction and steel fabrication company. DBM Global provides structural steel fabrication, detailing, construction and project-management services for commercial, industrial, infrastructure and other large-scale projects. Its activities serve customers across the United States and select international markets.

INNOVATE’s life sciences activities include R2 Technologies, which develops and commercializes medical-aesthetic technologies and devices for dermatology and related applications. The company was formerly known as HC2 Holdings Inc. and adopted the INNOVATE name in 2021. Its corporate headquarters are in New York, although its operating businesses serve customers in multiple geographic markets.

AI Generated. May Contain Errors.

INNOVATE Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
3rd Percentile Overall Score

VATE MarketRank™: 

INNOVATE scored higher than 3% of companies evaluated by MarketBeat, and ranked 645th out of 656 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    INNOVATE has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    INNOVATE has only been the subject of 1 research reports in the past 90 days.

  • Read more about INNOVATE's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of INNOVATE is -4.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of INNOVATE is -4.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about INNOVATE's valuation and earnings.
  • Percentage of Shares Shorted

    9.46% of the float of INNOVATE has been sold short.
  • Short Interest Ratio / Days to Cover

    INNOVATE has a short interest ratio ("days to cover") of 3.34, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in INNOVATE has recently increased by 10.74%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    INNOVATE does not currently pay a dividend.

  • Dividend Growth

    INNOVATE does not have a long track record of dividend growth.

  • News Coverage This Week

    MarketBeat has tracked 1 news article for INNOVATE this week, compared to 2 articles on an average week.
  • Search Interest

    Only 4 people have searched for VATE on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added INNOVATE to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, INNOVATE insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    57.70% of the stock of INNOVATE is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    34.28% of the stock of INNOVATE is held by institutions.

  • Read more about INNOVATE's insider trading history.
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VATE Stock News Headlines

Trump goes "all-in" on Grand Canyon energy breakthrough
A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years. While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million. One company controls the entire supply chain behind this discovery.tc pixel
INNOVATE Corp. Announces Second Quarter 2026 Results
See More Headlines

VATE Stock Analysis - Frequently Asked Questions

INNOVATE's stock was trading at $4.51 at the beginning of 2026. Since then, VATE shares have increased by 80.5% and is now trading at $8.1420.

INNOVATE Corp. (NYSE:VATE) posted its earnings results on Thursday, August, 6th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of ($2.18) by $2.89. The company had revenue of $421.60 million for the quarter, compared to analysts' expectations of $251.70 million.
Read the conference call transcript
.

INNOVATE's stock reverse split before market open on Monday, August 5th 2024.The 1-10 reverse split was announced on Monday, August 5th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Top institutional shareholders of INNOVATE include Bank of New York Mellon Corp (0.11%).
View institutional ownership trends
.

Shares of VATE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that INNOVATE investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/06/2026
Today
9/22/2026
Next Earnings (Estimated)
11/12/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Construction & Engineering
Sub-Industry
Construction & Engineering
Current Symbol
NYSE:VATE
CIK
1006837
Employees
3,738
Year Founded
1994

Profitability

EPS (Trailing Twelve Months)
($1.87)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$60.60 million
Net Margins
-1.48%
Pretax Margin
-0.97%
Return on Equity
N/A
Return on Assets
-2.35%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.44
Quick Ratio
0.43

Sales & Book Value

Annual Sales
$1.25 billion
Price / Sales
0.09
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($16.57) per share
Price / Book
-0.49

Miscellaneous

Outstanding Shares
13,640,000
Free Float
5,771,000
Market Cap
$111.06 million
Optionable
Optionable
Beta
2.33
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This page (NYSE:VATE) was last updated on 9/22/2026 by MarketBeat.com Staff.
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