NVE (NVEC) Stock Forecast, Price & News

NVE's stock was trading at $64.75 at the beginning of the year. Since then, NVEC stock has increased by 42.0% and is now trading at $91.93.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our NVEC earnings forecast.

NVE Co. (NASDAQ:NVEC) issued its earnings results on Wednesday, January, 22nd. The semiconductor company reported $0.77 EPS for the quarter. The semiconductor company had revenue of $6.47 million for the quarter. NVE had a trailing twelve-month return on equity of 35.21% and a net margin of 59.33%.
Read the conference call transcript.

NVE declared a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Monday, May 15th will be paid a dividend of $1.00 per share on Wednesday, May 31st. This represents a $4.00 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for NVEC.

ETFs with the largest weight of NVE (NASDAQ:NVEC) stock in their portfolio include Defiance Quantum ETF (QTUM), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Royce Quant Small-Cap Quality Value ETF (SQLV), Barron's 400 ETF (BFOR).Hartford Multifactor Small Cap ETF (ROSC),

NVE (NASDAQ:NVEC) pays an annual dividend of $4.00 per share and currently has a dividend yield of 4.43%. NVEC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 85.11%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NVEC.

6 employees have rated NVE Chief Executive Officer Daniel A. Baker on Glassdoor.com. Daniel A. Baker has an approval rating of 56% among the company's employees. This puts Daniel A. Baker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other NVE investors own include Gilead Sciences (GILD), AT&T (T), Pfizer (PFE), AbbVie (ABBV), Comtech Telecommunications (CMTL), Cisco Systems (CSCO), Chevron (CVX), Enbridge (ENB), Energy Transfer (ET) and International Business Machines (IBM).

NVE trades on the NASDAQ under the ticker symbol "NVEC."

NVE's stock is owned by a number of institutional and retail investors. Top institutional investors include Royce & Associates LP (10.72%), Kayne Anderson Rudnick Investment Management LLC (9.66%), Renaissance Technologies LLC (2.95%), Punch & Associates Investment Management Inc. (2.25%), Dimensional Fund Advisors LP (2.24%) and BlackRock Inc. (2.15%). Insiders that own company stock include Curt A Reynders, Daniel A Baker, James W Bracke, Patricia M Hollister and Terrence Glarner.
View institutional ownership trends.

Shares of NVEC 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 NVEC stock can currently be purchased for approximately $91.93.

NVE (NASDAQ:NVEC) has a market capitalization of $444.02 million and generates $38.25 million in revenue each year. The semiconductor company earns $22.69 million in net income (profit) each year or $4.70 on an earnings per share basis.

NVE's mailing address is 11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN, 55344. The official website for the company is www.nve.com. The semiconductor company can be reached via phone at (952) 829-9217 or via fax at 952-829-9189.