Gentex Corporation Company Profile (NASDAQ:GNTX)

Gentex Corporation trades on the NASDAQ under the ticker symbol "GNTX."

Gentex Corporation announced a quarterly dividend on Thursday, May 18th. Shareholders of record on Thursday, July 6th will be paid a dividend of $0.10 per share on Wednesday, July 19th. This represents a $0.40 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend is Monday, July 3rd. This is a boost from Gentex Corporation's previous quarterly dividend of $0.09. View Gentex Corporation's Dividend History.

Shares of Gentex Corporation split before market open on Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly issued shares were issued to shareholders after the closing bell on Wednesday, December 31st 2014. An investor that had 100 shares of Gentex Corporation stock prior to the split would have 200 shares after the split.

Gentex Corporation (NASDAQ:GNTX) issued its earnings results on Friday, April, 21st. The company reported $0.33 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.02. The business earned $453.54 million during the quarter, compared to the consensus estimate of $444.92 million. Gentex Corporation had a net margin of 21.13% and a return on equity of 19.39%. Gentex Corporation's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $0.28 EPS. View Gentex Corporation's Earnings History.

Gentex Corporation is scheduled to release their next quarterly earnings announcement on Thursday, July, 20th 2017. View Earnings Estimates for Gentex Corporation.

6 brokerages have issued 1 year price objectives for Gentex Corporation's shares. Their forecasts range from $21.00 to $25.00. On average, they expect Gentex Corporation's share price to reach $23.13 in the next twelve months. View Analyst Ratings for Gentex Corporation.

Here are some recent quotes from research analysts about Gentex Corporation stock:

• 1. According to Zacks Investment Research, "Gentex Corporation is an international company that provides high-quality products to the worldwide automotive industry and North American fire protection market. The Company develops, manufactures and markets proprietary electro-optic products, including interior and exterior electrochromic, automatic-dimming Night Vision Safety automotive rearview mirrors that dim in proportion to the amount of headlight glare from trailing vehicle headlamps, and an extensive line of fire protection products for commercial applications. " (6/26/2017)
• 2. BMO Capital Markets analysts commented, "Our confidence in listing GNTX shares near the top of our pecking order remains very high after spending two days on the road with management. Despite the shares being a top performer in our coverage group over the past 12 months and currently sporting a valuation premium to its peers, we believe the combination of further penetration of auto-dimming mirrors, content gains from embedded features and new product launches will allow revenue to well exceed global auto production over the next several years. Reiterate Outperform." (3/24/2017)
• 3. FBR & Co analysts commented, "We recently attended CES 2017 and were introduced to several new products that we believe could present incremental growth opportunities for the company. Gentex showed several technologies at CES: a camera-based rear vision solution, a biometric driver authentication system, and a HomeLink product that provides cloud-based connectivity from car to home. We think that there are two key takeaways from these launches. (1) The company's steady transition toward more technology-driven revenue continues to be a key theme, and we think the biometric authentication system, in particular, demonstrates the team's innovative capabilities. (2) Perhaps more importantly, we believe that the camera rear-vision system validates our argument that even if exterior mirrors begin to change in their traditional sense, Gentex will still have a significant long-term growth opportunity given its interior-mirror and exterior-based content portfolio. Looking ahead, we think GNTX shares continue to be quite attractive, and we are raising our price target to $25, from $22, following positive takeaways from CES. We reiterate our Outperform rating, and we believe that given our expectation for a SAAR plateau in 2017, automotive investors should be looking at secular growth stories like Gentex." (1/13/2017)

Gentex Corporation saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 16,715,370 shares, a decrease of 10.5% from the May 15th total of 18,679,965 shares. Based on an average trading volume of 2,422,179 shares, the short-interest ratio is presently 6.9 days. Approximately 5.9% of the shares of the company are sold short.

Some companies that are related to Gentex Corporation include LKQ Corporation (LKQ), Harley-Davidson (HOG), Lear Corporation (LEA), Autoliv (ALV), BorgWarner (BWA), The Goodyear Tire & Rubber Company (GT), GKN plc (GKNLY), Oshkosh Corporation (OSK), Visteon Corporation (VC), Dana Incorporated (DAN), Tenneco (TEN), Dorman Products (DORM), Cooper Tire & Rubber Company (CTB), Cooper-Standard Holdings (CPS), American Axle & Manufacturing Holdings (AXL), Gentherm (THRM), Meritor (MTOR) and Wabash National Corporation (WNC).

Gentex Corporation's management team includes the folowing people:

• Fred Bauer, Chairman of the Board, Chief Executive Officer
• Steven R. Downing, Chief Financial Officer, Senior Vice President
• Kevin Nash, Chief Accounting Officer, Vice President - Accounting
• Joseph Matthews, Vice President - Purchasing
• Scott P. Ryan, Assistant General Counsel, Corporate Secretary
• James H. Wallace, Lead Independent Director
• Leslie Brown, Independent Director
• Gary F. Goode, Independent Director
• Pete Hoekstra, Independent Director
• James A. Hollars, Independent Director

Gentex Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.08%), Vanguard Group Inc. (7.95%), Burgundy Asset Management Ltd. (3.90%), FMR LLC (2.85%), State Street Corp (2.70%) and Artisan Partners Limited Partnership (2.34%). Company insiders that own Gentex Corporation stock include Fred Bauer, Frederick A Sotok, Gary F Goode, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kevin C Nash, Mark W Newton, Scott P Ryan and Steven R Downing. View Institutional Ownership Trends for Gentex Corporation.

Gentex Corporation's stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Fairpointe Capital LLC, Royce & Associates LP, Crawford Investment Counsel Inc., Burgundy Asset Management Ltd., Clark Capital Management Group Inc., Bank of America Corp DE and Great Lakes Advisors LLC. Company insiders that have sold Gentex Corporation stock in the last year include Fred Bauer, Frederick A Sotok, Gary F Goode, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kevin C Nash, Scott P Ryan and Steven R Downing. View Insider Buying and Selling for Gentex Corporation.

Gentex Corporation's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Pictet Asset Management Ltd., Provident Investment Management Inc., Schroder Investment Management Group, Columbia Wanger Asset Management LLC, Morgan Stanley, Vanguard Group Inc. and Mirae Asset Global Investments Co. Ltd.. View Insider Buying and Selling for Gentex Corporation.

Shares of Gentex Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Gentex Corporation stock can currently be purchased for approximately $18.39.