Gentex Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Gentex stock. 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.
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Gentex saw a increase in short interest during the month of January. As of January 29th, there was short interest totaling 6,380,000 shares, an increase of 50.5% from the January 14th total of 4,240,000 shares. Based on an average daily volume of 1,810,000 shares, the short-interest ratio is presently 3.5 days. Approximately 2.6% of the company's shares are short sold.
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Gentex is scheduled to release its next quarterly earnings announcement on Friday, April 23rd 2021.
View our earnings forecast for Gentex.

Gentex Co. (NASDAQ:GNTX) released its earnings results on Thursday, January, 28th. The auto parts company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.50 by $0.08. The auto parts company had revenue of $529.60 million for the quarter, compared to analysts' expectations of $482.66 million. Gentex had a trailing twelve-month return on equity of 16.59% and a net margin of 18.96%. Gentex's revenue was up 19.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 EPS.
View Gentex's earnings history.

Gentex's stock was trading at $25.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GNTX stock has increased by 39.7% and is now trading at $35.15.
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Gentex announced a quarterly dividend on Thursday, December 3rd. Investors of record on Friday, January 8th will be given a dividend of $0.12 per share on Wednesday, January 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Thursday, January 7th.
View Gentex's dividend history.

Gentex pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.34%. Gentex has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Gentex is 28.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Gentex will have a dividend payout ratio of 24.74% next year. This indicates that Gentex will be able to sustain or increase its dividend.
View Gentex's dividend history.

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

Gentex updated its FY 2022 Pre-Market earnings guidance on Friday, January, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.018-2.182 billion, compared to the consensus revenue estimate of $1.95 billion.

9 analysts have issued 12-month price objectives for Gentex's shares. Their forecasts range from $13.00 to $43.00. On average, they expect Gentex's share price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 14.7%.
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54 employees have rated Gentex CEO Steve Downing on Glassdoor.com. Steve Downing has an approval rating of 67% among Gentex's employees.

Some companies that are related to Gentex include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Allison Transmission (ALSN), LCI Industries (LCII), Dana (DAN), Dorman Products (DORM), Gentherm (THRM), American Axle & Manufacturing (AXL), Standard Motor Products (SMP), Stoneridge (SRI), Modine Manufacturing (MOD), Tenneco (TEN) and Superior Industries International (SUP).
View all of GNTX's competitors.

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), The 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 investors include BlackRock Inc. (8.87%), Maj Invest Holding A S (2.93%), Boston Partners (1.88%), Dimensional Fund Advisors LP (1.82%), Riverbridge Partners LLC (1.60%) and Renaissance Technologies LLC (1.55%). Company insiders that own Gentex stock include Gary F Goode, Jae Kim, James A Hollars, James H Wallace, John A Mulder, Kevin C Nash, Matthew Chiodo, Neil Boehm, Roger Perry Campbell, Scott P Ryan and Steven R Downing.
View institutional ownership trends for Gentex.

GNTX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schroder Investment Management Group, Schroder Investment Management Group, Wells Fargo & Company MN, Artisan Partners Limited Partnership, Retirement Systems of Alabama, KBC Group NV, and Dimensional Fund Advisors LP. Company insiders that have sold Gentex company stock in the last year include Gary F Goode, John A Mulder, Kevin C Nash, Scott P Ryan, and Steven R Downing.
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GNTX stock was bought by a variety of institutional investors in the last quarter, including Maj Invest Holding A S, Morgan Stanley, PGGM Investments, Sprucegrove Investment Management Ltd., Clark Capital Management Group Inc., Epoch Investment Partners Inc., Alliancebernstein L.P., and Touchstone Capital Inc.. Company insiders that have bought Gentex stock in the last two years include Kevin C Nash, Matthew Chiodo, Neil Boehm, Scott P Ryan, and Steven R Downing.
View insider buying and selling activity for Gentex or or view top insider-buying stocks.

Shares of GNTX 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 $35.15.

Gentex has a market capitalization of $8.61 billion and generates $1.86 billion in revenue each year. The auto parts company earns $424.68 million in net income (profit) each year or $1.66 on an earnings per share basis.

Gentex employs 5,874 workers across the globe.

The official website for Gentex is www.gentex.com.

Gentex is headquartered at 600 NORTH CENTENNIAL STREET, ZEELAND MI, 49464.

Gentex's mailing address is 600 NORTH CENTENNIAL STREET, ZEELAND MI, 49464. The auto parts company can be reached via phone at 616-772-1800 or via email at [email protected]