Gentex Corporation Company Profile (NASDAQ:GNTX)

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

Gentex Corporation announced a quarterly dividend on Wednesday, August 23rd. Investors of record on Friday, October 6th will be paid a dividend of $0.10 per share on Wednesday, October 18th. This represents a $0.40 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, October 5th. View Gentex Corporation's Dividend History.

Shares of Gentex Corporation split on Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly minted shares were distributed to shareholders after the market closes 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 announced that its Board of Directors has initiated a share buyback program on Thursday, August 24th 2017, which permits the company to repurchase 15,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Gentex Corporation (NASDAQ:GNTX) posted its earnings results on Friday, July, 21st. The company reported $0.31 EPS for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.01. The firm had revenue of $443.10 million for the quarter, compared to analyst estimates of $446.36 million. Gentex Corporation had a return on equity of 18.95% and a net margin of 21.01%. Gentex Corporation's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 EPS. View Gentex Corporation's Earnings History.

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

8 brokers have issued twelve-month price objectives for Gentex Corporation's stock. Their forecasts range from $18.00 to $25.00. On average, they anticipate Gentex Corporation's share price to reach $22.07 in the next year. 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. " (8/29/2017)
• 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)

Some companies that are related to Gentex Corporation include Autoliv (ALV), The Goodyear Tire & Rubber Company (GT), Wabco Holdings (WBC), Harley-Davidson (HOG), GKN plc (GKNLY), Oshkosh Corporation (OSK), Allison Transmission Holdings (ALSN), Navistar International Corporation (NAV), Dana Incorporated (DAN), Visteon Corporation (VC), Tenneco (TEN), Dorman Products (DORM), Meritor (MTOR), Cooper-Standard Holdings (CPS), American Axle & Manufacturing Holdings (AXL), Cooper Tire & Rubber Company (CTB), Fox Factory Holding Corp. (FOXF) and Gentherm (THRM).

Gentex Corporation's management team includes the folowing people:

• Fred Bauer, Chairman of the Board, Chief Executive Officer
• Steven R. Downing, President, Interim Chief Financial Officer, Chief Operating Officer, Treasurer
• 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

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 $20.21.