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 sell 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 equities research analysts have issued 1-year price objectives for Gentex's stock. Their GNTX share price forecasts range from $25.00 to $35.00. On average, they expect the company's stock price to reach $31.40 in the next year. This suggests a possible upside of 27.1% from the stock's current price.
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Gentex's stock was trading at $34.85 at the beginning of the year. Since then, GNTX shares have decreased by 29.1% and is now trading at $24.70.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 28th 2022.
View our GNTX earnings forecast.

Gentex Co. (NASDAQ:GNTX) released its earnings results on Thursday, October, 21st. The auto parts company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 18.32% and a trailing twelve-month return on equity of 16.58%. The company's revenue for the quarter was down 15.8% on a year-over-year basis. During the same period last year, the business posted $0.48 EPS.

Gentex declared a quarterly dividend on Wednesday, August 31st. Shareholders of record on Friday, October 7th will be given a dividend of $0.12 per share on Wednesday, October 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Thursday, October 6th.
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 1.95%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GNTX will have a dividend payout ratio of 24.12% 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 minted shares were distributed to shareholders after the closing bell 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 2022 earnings guidance on Friday, July, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.87 billion-$1.97 billion, compared to the consensus revenue estimate of $1.95 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 number of institutional and retail investors. Top institutional investors include State Street Corp (2.70%), Maj Invest Holding A S (2.66%), Cooke & Bieler LP (2.22%), Burgundy Asset Management Ltd. (1.60%), TD Asset Management Inc. (1.30%) and Ceredex Value Advisors LLC (1.18%). 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, Roger Perry Campbell, 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 $24.70.

Gentex (NASDAQ:GNTX) has a market capitalization of $5.81 billion and generates $1.73 billion in revenue each year. The auto parts company earns $360.80 million in net income (profit) each year or $1.35 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.