Gentex - GNTX Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GNTX shares.
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5 analysts have issued 12-month price targets for Gentex's stock. Their GNTX share price forecasts range from $26.00 to $35.00. On average, they predict the company's stock price to reach $30.80 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
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Gentex's stock was trading at $27.27 on January 1st, 2023. Since then, GNTX shares have decreased by 0.6% and is now trading at $27.12.
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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) released its quarterly earnings data on Thursday, October, 21st. The auto parts company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.36 by $0.04. The auto parts company had revenue of $399.60 million for the quarter, compared to analysts' expectations of $422.07 million. Gentex had a net margin of 16.61% and a trailing twelve-month return on equity of 15.91%. Gentex's revenue was down 15.8% compared to the same quarter last year. During the same period last year, the business posted $0.48 EPS.

Gentex announced a quarterly dividend on Tuesday, February 28th. Shareholders of record on Friday, April 7th will be given a dividend of $0.12 per share on Wednesday, April 19th. This represents a $0.48 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Wednesday, April 5th.
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), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), OneAscent Large Cap Core ETF (OALC), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), Schwab Ariel ESG ETF (SAEF) and ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM).

Gentex (NASDAQ:GNTX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.79%. The dividend payout ratio is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GNTX will have a dividend payout ratio of 23.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GNTX.

Gentex shares split on 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.

Gentex issued an update on its FY 2023 earnings guidance on Friday, January, 27th. The company provided earnings per share 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 many different retail and institutional investors. Top institutional investors include Ariel Investments LLC (3.77%), Moneta Group Investment Advisors LLC (3.68%), EdgePoint Investment Group Inc. (3.68%), Cooke & Bieler LP (2.37%), Maj Invest Holding A S (2.04%) and Boston Partners (1.93%). 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 $27.12.

Gentex (NASDAQ:GNTX) has a market capitalization of $6.35 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 $1.36 on an earnings per share basis.

The company employs 5,466 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.