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NYSE:VATE

INNOVATE (VATE) Stock Price, News & Analysis

INNOVATE logo
$5.32 +0.19 (+3.70%)
As of 06/27/2025 04:00 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About INNOVATE Stock (NYSE:VATE)

Key Stats

Today's Range
$5.09
$5.37
50-Day Range
$5.12
$7.38
52-Week Range
$3.25
$13.79
Volume
34,000 shs
Average Volume
194,731 shs
Market Capitalization
$70.32 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States; and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

INNOVATE Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
5th Percentile Overall Score

VATE MarketRank™: 

INNOVATE scored higher than 5% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for INNOVATE.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of INNOVATE is -1.58, 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 -1.58, 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

    7.78% 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 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in INNOVATE has recently decreased by 7.18%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    INNOVATE does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    7.78% 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 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in INNOVATE has recently decreased by 7.18%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    INNOVATE has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Multi-Sector Conglomerates companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for INNOVATE this week, compared to 7 articles on an average week.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    55.50% 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

    Only 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

The $7 company helping Nvidia build the world’s first trillion-dollar robot …
Michael Robinson has been at the forefront of the technology market for over 40 years. Spotting some profitable trends in tech … well ahead of Wall Street. Like when he called Nvidia at a mere 80 cents a share. Or Bitcoin when it was trading for just $300. Throughout his illustrious career … Michael has given his followers almost 150 different chances to register triple-digit gains.
Metro mining startup receives $250,000 in funding
See More Headlines

VATE Stock Analysis - Frequently Asked Questions

INNOVATE's stock was trading at $4.94 at the beginning of the year. Since then, VATE stock has increased by 7.2% and is now trading at $5.2950.
View the best growth stocks for 2025 here
.

INNOVATE Corp. (NYSE:VATE) issued its quarterly earnings results on Tuesday, May, 6th. The company reported ($1.89) earnings per share (EPS) for the quarter. The business earned $274.20 million during the quarter.
Read the conference call transcript
.

INNOVATE shares 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.

INNOVATE's top institutional shareholders include Prescott Group Capital Management L.L.C. (0.40%), FNY Investment Advisers LLC (0.25%), OMERS ADMINISTRATION Corp (0.24%) and MSH Capital Advisors LLC (0.13%). Insiders that own company stock include Paul Voigt and Brian Steven Goldstein.
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), AU Optronics (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
5/06/2025
Today
6/28/2025
Next Earnings (Estimated)
8/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
DIVERSIFIED OPS
Sub-Industry
Construction Materials
Current Symbol
NYSE:VATE
Employees
3,161
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$34.60 million
Pretax Margin
-3.31%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$0.47 per share
Price / Cash Flow
11.34
Book Value
($12.01) per share
Price / Book
-0.44

Miscellaneous

Free Float
5,911,000
Market Cap
$70.32 million
Optionable
Optionable
Beta
1.78
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This page (NYSE:VATE) was last updated on 6/28/2025 by MarketBeat.com Staff
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