Gentex - GNTX Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GNTX shares.
View GNTX analyst ratings or view top-rated stocks.

5 analysts have issued 12 month price objectives for Gentex's shares. Their GNTX share price forecasts range from $26.00 to $35.00. On average, they expect the company's share price to reach $30.80 in the next year. This suggests a possible upside of 8.8% 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 2023. Since then, GNTX stock has increased by 3.8% and is now trading at $28.31.
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The company is scheduled to release its next quarterly earnings announcement on Friday, April 28th 2023.
View our GNTX earnings forecast.

Gentex Co. (NASDAQ:GNTX) issued its quarterly earnings data on Thursday, October, 21st. The auto parts company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.04. The auto parts company earned $399.60 million during the quarter, compared to analysts' expectations of $422.07 million. Gentex had a trailing twelve-month return on equity of 15.91% and a net margin of 16.61%. The business's revenue for the quarter was down 15.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.48 EPS.

Gentex announced a quarterly dividend on Wednesday, November 30th. Stockholders of record on Friday, January 6th will be given a dividend of $0.12 per share on Wednesday, January 18th. This represents a $0.48 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Thursday, January 5th.
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 1.69%. The dividend payout ratio is 35.82%. 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.

Shares of Gentex split on Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly created shares were distributed 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.

Gentex issued an update on its FY 2023 earnings guidance on Friday, January, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.20 billion-$2.20 billion, compared to the consensus revenue estimate of $2.19 billion.

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

Gentex's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Ceredex Value Advisors LLC (0.87%), Allspring Global Investments Holdings LLC (0.66%), Country Trust Bank (0.36%), Bernzott Capital Advisors (0.36%), Reinhart Partners Inc. (0.34%) and Wedge Capital Management L L P NC (0.23%). Insiders that own company stock include Gary F Goode, James A Hollars, James H Wallace, John A Mulder, Kevin C Nash, Ling Zang, Matthew Chiodo, Neil Boehm, Richard O Schaum, Scott P Ryan, Scott P Ryan, Steven R Downing 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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One share of GNTX stock can currently be purchased for approximately $28.31.

Gentex (NASDAQ:GNTX) has a market capitalization of $6.64 billion and generates $1.92 billion in revenue each year. The auto parts company earns $318.76 million in net income (profit) each year or $1.34 on an earnings per share basis.

The company employs 4,998 workers across the globe.

Gentex's mailing address is 600 NORTH CENTENNIAL STREET, ZEELAND MI, 49464. The official website for the company is www.gentex.com. The auto parts company can be reached via phone at (616) 772-1800, via email at marketing@gentex.com, or via fax at 616-772-7348.