Gentex Corporation Company Profile (NASDAQ:GNTX)

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

Gentex Corporation declared a quarterly dividend on Wednesday, August 23rd. Stockholders of record on Friday, October 6th will be given a dividend of $0.10 per share on Wednesday, October 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Thursday, October 5th. View Gentex Corporation's Dividend History.

Gentex Corporation's stock split before market open on Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly issued shares were payable 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 declared that its Board of Directors has approved a share repurchase program on Thursday, August 24th 2017, which authorizes the company to buyback 15,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Gentex Corporation (NASDAQ:GNTX) announced its quarterly earnings results on Friday, October, 20th. The company reported $0.31 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.31. The business had revenue of $438.63 million for the quarter, compared to the consensus estimate of $452.42 million. Gentex Corporation had a return on equity of 18.95% and a net margin of 21.01%. The firm's revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm earned $0.32 earnings per share. View Gentex Corporation's Earnings History.

Gentex Corporation is scheduled to release their next quarterly earnings announcement on Friday, January, 26th 2018. View Earnings Estimates for Gentex Corporation.

8 analysts have issued twelve-month target prices for Gentex Corporation's shares. Their predictions range from $18.00 to $25.00. On average, they expect Gentex Corporation's stock price to reach $22.07 in the next twelve months. 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 designs and manufactures automatic-dimming rearview mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. It's business segment involves designing, developing, manufacturing and marketing interior and exterior automatic-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. Within this business segment, the Company also designs, develops and manufactures various electronics that are features to the interior and exterior automotive rearview mirrors, as well as interior visors, overhead consoles, and other locations in the vehicle. The Company ships its products to all of the automotive producing regions across the world, which it supports with various sales, engineering and distribution locations across the world. Gentex is headquartered in Zeeland, MI. " (10/17/2017)
• 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 BorgWarner (BWA), Autoliv (ALV), The Goodyear Tire & Rubber Company (GT), Harley-Davidson (HOG), Wabco Holdings (WBC), 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), American Axle & Manufacturing Holdings (AXL), Cooper-Standard Holdings (CPS), Cooper Tire & Rubber Company (CTB), Fox Factory Holding Corp. (FOXF) and Wabash National Corporation (WNC).

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

Gentex Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.62%), Reinhart Partners Inc. (0.61%), Kirr Marbach & Co. LLC IN (0.20%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%) and BerganKDV Wealth Management LLC (0.01%). Company insiders that own Gentex Corporation stock include Fred Bauer, Frederick A Sotok, Gary F Goode, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kevin C Nash, Mark W Newton, Scott P Ryan and Steven R Downing. View Institutional Ownership Trends for Gentex Corporation.

Gentex Corporation's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold Gentex Corporation stock in the last year include Fred Bauer, Frederick A Sotok, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kevin C Nash, Scott P Ryan and Steven R Downing. View Insider Buying and Selling for Gentex Corporation.

Gentex Corporation's stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., BerganKDV Wealth Management LLC, Kirr Marbach & Co. LLC IN and PGGM Investments. View Insider Buying and Selling for Gentex Corporation.

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 $19.38.