Gentex Stock Price, News & Analysis (NASDAQ:GNTX)

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GNTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GNTX, but not buy additional shares or sell existing shares.
View GNTX analyst ratings or view top-rated stocks.

5 analysts have issued 12-month target prices for Gentex's shares. Their GNTX share price targets range from $26.00 to $40.00. On average, they predict the company's stock price to reach $33.20 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for GNTX or view top-rated stocks among Wall Street analysts.

Gentex's stock was trading at $27.27 at the beginning of the year. Since then, GNTX shares have increased by 13.2% and is now trading at $30.87.
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Gentex saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,930,000 shares, an increase of 11.4% from the October 31st total of 2,630,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.3% of the shares of the stock are short sold.
View Gentex's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, January 26th 2024.
View our GNTX earnings forecast.

Gentex Co. (NASDAQ:GNTX) issued its earnings results on Friday, October, 27th. The auto parts company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.03. The auto parts company earned $575.85 million during the quarter, compared to analyst estimates of $567.57 million. Gentex had a trailing twelve-month return on equity of 18.38% and a net margin of 18.04%. Gentex's revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.31 earnings per share.

Gentex declared a quarterly dividend on Monday, November 27th. Shareholders of record on Friday, January 5th will be paid a dividend of $0.12 per share on Wednesday, January 17th. This represents a $0.48 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Thursday, January 4th.
Read our dividend analysis for GNTX.

Gentex (NASDAQ:GNTX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.55%. The dividend payout ratio is 28.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GNTX will have a dividend payout ratio of 22.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GNTX.

ETFs with the largest weight of Gentex (NASDAQ:GNTX) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Motley Fool Mid-Cap Growth ETF (TMFM), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and Schwab Ariel ESG ETF (SAEF).

Gentex's stock split on the morning of Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly minted shares were payable to shareholders after the market closes on Wednesday, December 31st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

54 employees have rated Gentex Chief Executive Officer Steve Downing on Glassdoor.com. Steve Downing has an approval rating of 67% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gentex investors own include Intel (INTC), Johnson & Johnson (JNJ), Gilead Sciences (GILD), Cisco Systems (CSCO), Walt Disney (DIS), CVS Health (CVS), Micron Technology (MU), Pfizer (PFE), Visa (V) and NVIDIA (NVDA).

Gentex's stock is owned by a variety of institutional and retail investors. Top institutional investors include Ariel Investments LLC (2.96%), Wellington Management Group LLP (2.93%), Boston Partners (2.38%), Maj Invest Holding A S (1.73%), Morgan Stanley (1.66%) and Burgundy Asset Management Ltd. (1.65%). Insiders that own company stock include Gary F Goode, James A Hollars, James H Wallace, John A Mulder, Kathleen Starkoff, Kevin C Nash, Ling Zang, Matthew Chiodo, Neil Boehm, Richard O Schaum, Scott P Ryan and Steven R Downing.
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Shares of GNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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