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NYSE:VATE

INNOVATE (VATE) Stock Price, News & Analysis

INNOVATE logo
$5.49 -0.12 (-2.09%)
Closing price 10/23/2026 03:59 PM Eastern
Extended Trading
$5.59 +0.10 (+1.77%)
As of 10/23/2026 07:33 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
$5.45
▼
$5.69
50-Day Range
$5.49
▼
$8.14
52-Week Range
$3.75
▼
$21.30
Volume
49,665 shs
Average Volume
58,819 shs
Market Capitalization
$74.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Sell

Company Overview

INNOVATE Corp. (NYSE: VATE) is a diversified holding company that owns and develops businesses in infrastructure, life sciences and related industries. Rather than operating as a single-industry company, INNOVATE manages a portfolio of subsidiaries and investments with distinct products, services and markets.

Its infrastructure operations are led by DBM Global Inc., a provider of structural steel fabrication, erection, engineering, construction and industrial services. DBM Global supports commercial, industrial, infrastructure and other large-scale construction projects, primarily in North America and select international markets.

Through its Pansend Life Sciences platform, INNOVATE invests in and develops healthcare and life sciences companies and technologies. The company was formerly known as HC2 Holdings Inc. and adopted the INNOVATE name in 2021 as part of its effort to present the business as a diversified operating and investment platform.

AI Generated. May Contain Errors.

INNOVATE Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
15th Percentile Overall Score

VATE MarketRank™: 
0.755953973775 of 5 stars

INNOVATE scored higher than 15% of companies evaluated by MarketBeat, and ranked 626th out of 650 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.
  • Percentage of Shares Shorted

    9.62% 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 4.75.
  • Change versus previous month

    Short interest in INNOVATE has recently decreased by 7.44%, 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.

  • News Sentiment

    INNOVATE has a news sentiment score of 0.39. 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 Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for INNOVATE this week, compared to 1 article 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

    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

INNOVATE Completes Sale of DBM Global to IES Holdings
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VATE Stock Analysis - Frequently Asked Questions

INNOVATE's stock was trading at $4.51 at the beginning of the year. Since then, VATE stock has increased by 21.8% and is now trading at $5.4930.

INNOVATE Corp. (NYSE:VATE) announced its quarterly earnings data on Thursday, August, 6th. The company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of ($2.18) by $2.89. The company earned $421.60 million during the quarter, compared to analyst estimates of $251.70 million.
Read the conference call transcript
.

Shares of INNOVATE reverse split on the morning of 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 market closes 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.

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.

Company Calendar

Last Earnings
8/06/2026
Today
10/24/2026
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
0.06
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($16.57) per share
Price / Book
-0.33

Miscellaneous

Outstanding Shares
13,640,000
Free Float
5,771,000
Market Cap
$74.92 million
Optionable
Optionable
Beta
2.43
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This page (NYSE:VATE) was last updated on 10/23/2026 by MarketBeat.com Staff.
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