NVE Corporation develops and sells devices that use spintronics, a nanotechnology that utilizes electron spin to acquire, store, and transmit information. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers, such as IL500-series couplers, IL600-series passive-input couplers, IL700/IL200-series high-speed couplers, IL4/IL3-series isolated network couplers, and IL800-series top-of-the-line couplers. In addition, it licenses the spintronic magnetoresistive random access memory technology, as well as conducts contract research and development activities. The company sells its products through distributors in the United States, Europe, the Middle East, Africa, Asia-Pacific, and internationally. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:NVEC
CUSIP62944520
Phone952-829-9217
Debt
Debt-to-Equity RatioN/A
Current Ratio38.30%
Quick Ratio33.76%
Price-To-Earnings
Trailing P/E Ratio30.23
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$28.33 million
Price / Sales13.84
Cash Flow$2.7671 per share
Price / Cash29.28
Book Value$19.16 per share
Price / Book4.23
Profitability
EPS (Most Recent Fiscal Year)$2.68
Net Income$12.94 million
Net Margins45.31%
Return on Equity14.68%
Return on Assets14.47%
Miscellaneous
Employees51
Outstanding Shares4,840,000
NVE (NASDAQ:NVEC) Frequently Asked Questions
What is NVE's stock symbol?
NVE trades on the NASDAQ under the ticker symbol "NVEC."
How often does NVE pay dividends? What is the dividend yield for NVE?
NVE announced a quarterly dividend on Thursday, January 18th. Investors of record on Monday, January 29th will be given a dividend of $1.00 per share on Wednesday, February 28th. This represents a $4.00 annualized dividend and a dividend yield of 4.94%. The ex-dividend date of this dividend is Friday, January 26th. View NVE's Dividend History.
How were NVE's earnings last quarter?
NVE Co. (NASDAQ:NVEC) posted its quarterly earnings results on Wednesday, January, 17th. The semiconductor company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.15. The semiconductor company had revenue of $7.36 million for the quarter, compared to analysts' expectations of $7.20 million. NVE had a return on equity of 14.68% and a net margin of 45.31%. View NVE's Earnings History.
When is NVE's next earnings date?
What price target have analysts set for NVEC?
1 Wall Street analysts have issued 12 month price objectives for NVE's shares. Their forecasts range from $79.00 to $79.00. On average, they anticipate NVE's stock price to reach $79.00 in the next twelve months. View Analyst Ratings for NVE.
Who are some of NVE's key competitors?
Some companies that are related to NVE include CEVA (CEVA), Jinko Solar (JKS), Ultra Clean (UCTT), Lattice Semiconductor (LSCC), ChipMOS TECHNOLOGIES (IMOS), Ichor (ICHR), Hanwha Q Cells (HQCL), Daqo New Energy (DQ), Photronics (PLAB), Applied Optoelectronics (AAOI), Aquantia (AQ), Quantenna Communications (QTNA), Enphase Energy (ENPH), Alpha & Omega Semiconductor (AOSL), Magnachip (MX), JA Solar (JASO), DSP Group (DSPG) and NeoPhotonics (NPTN).
Who are NVE's key executives?
NVE's management team includes the folowing people:
- Dr. Daniel A. Baker Ph.D., CEO, Pres & Director (Age 60)
- Mr. Curt A. Reynders, CFO, Treasurer & Sec. (Age 55)
- Mr. Peter G. Eames, VP of Advanced Technology (Age 42)
- Mr. John K. Myers, VP of New Bus. Devel. (Age 69)
- Mr. Timothy R. Hazelton, VP of Sales (Age 53)
Has NVE been receiving favorable news coverage?
News coverage about NVEC stock has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NVE earned a news impact score of 0.11 on Accern's scale. They also assigned media headlines about the semiconductor company an impact score of 45.50 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
How do I buy shares of NVE?
Shares of NVEC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is NVE's stock price today?
One share of NVEC stock can currently be purchased for approximately $81.02.
How big of a company is NVE?
NVE has a market capitalization of $413.02 million and generates $28.33 million in revenue each year. The semiconductor company earns $12.94 million in net income (profit) each year or $2.68 on an earnings per share basis. NVE employs 51 workers across the globe.
How can I contact NVE?
NVE's mailing address is 11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN, 55344. The semiconductor company can be reached via phone at 952-829-9217.
MarketBeat Community Rating for NVE (NVEC)
MarketBeat's community ratings are surveys of what our community members think about NVE and other stocks. Vote "Outperform" if you believe NVEC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NVEC will underperform the S&P 500 over the long term. You may vote once every thirty days.
NVE (NASDAQ:NVEC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for NVE in the last 12 months. Their average twelve-month price target is $79.00, suggesting that the stock has a possible downside of 2.49%. The high price target for NVEC is $79.00 and the low price target for NVEC is $79.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $79.00 | $79.00 | $79.00 | $79.00 |
| Price Target Upside: | 2.49% downside | 5.74% downside | 5.74% downside | 5.74% downside |
NVE (NASDAQ:NVEC) Consensus Price Target History
NVE (NASDAQ:NVEC) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/20/2017 | Craig Hallum | Downgrade | Buy -> Hold | $79.00 | High |  |
(Data available from 4/20/2016 forward)
NVE (NASDAQ:NVEC) Dividend Information
NVE pays an annual dividend of $4.00 per share, with a dividend yield of 4.94%. NVEC's most recent quarterly dividend payment was Wednesday, February 28. NVE pays out 149.25% of its earnings out as a dividend.
| Most Recent Dividend: | 2/28/2018 |
| Annual Dividend: | $4.00 |
| Dividend Yield: | 4.94% |
| Payout Ratio: | 149.25% (Trailing 12 Months of Earnings)
|
NVE (NASDAQ:NVEC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/18/2018 | quarterly | $1.00 | 4.51% | 1/26/2018 | 1/29/2018 | 2/28/2018 |
| 10/19/2017 | quarterly | $1.00 | 4.65% | 10/27/2017 | 10/30/2017 | 11/30/2017 |
| 7/20/2017 | quarterly | $1.00 | 5.02% | 7/27/2017 | 7/31/2017 | 8/31/2017 |
| 5/4/2017 | quarterly | $1.00 | 5.32% | 5/11/2017 | 5/15/2017 | 5/31/2017 |
| 1/19/2017 | quarterly | $1.00 | 5.49% | 1/26/2017 | 1/30/2017 | 2/28/2017 |
| 10/20/2016 | | $1.00 | | 10/27/2016 | 10/31/2016 | 11/30/2016 |
| 7/21/2016 | | $1.00 | | 7/28/2016 | 8/1/2016 | 8/31/2016 |
| 5/5/2016 | | $1.00 | | 5/12/2016 | 5/16/2016 | 5/31/2016 |
| 1/21/2016 | | $1.00 | | 1/28/2016 | 2/1/2016 | 2/29/2016 |
| 10/21/2015 | | $1.00 | | 10/29/2015 | 11/2/2015 | 11/30/2015 |
| 7/22/2015 | | $1.00 | | 7/30/2015 | 8/3/2015 | 8/31/2015 |
| 5/7/2015 | quarterly | $1.00 | 5.59% | 5/14/2015 | 5/18/2015 | 5/29/2015 |
| 1/22/2015 | special | $2.06 | | 1/29/2015 | 2/2/2015 | 2/27/2015 |
(Data available from 1/1/2013 forward)
NVE (NASDAQ NVEC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 87.13%
NVE (NASDAQ NVEC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/28/2017 | Terrence Glarner | Director | Sell | 1,000 | $85.89 | $85,890.00 | 3,200 | |
| 11/16/2017 | Curt A Reynders | CFO | Sell | 1,228 | $88.47 | $108,641.16 | | |
| 5/22/2017 | Terrence Glarner | Director | Sell | 1,000 | $79.04 | $79,040.00 | 2,200 | |
| 2/27/2017 | Terrence Glarner | Director | Sell | 1,000 | $79.57 | $79,570.00 | 4,200 | |
| 1/26/2017 | Patricia M Hollister | Director | Sell | 3,000 | $78.32 | $234,960.00 | 3,040 | |
| 12/2/2016 | Terrence Glarner | Director | Sell | 1,000 | $66.12 | $66,120.00 | 4,200 | |
| 8/11/2016 | Terrence Glarner | Director | Sell | 1,000 | $57.86 | $57,860.00 | 4,200 | |
| 8/22/2014 | Curt A Reynders | CFO | Sell | 1,910 | $69.50 | $132,745.00 | | |
| 8/11/2014 | James D Hartman | Director | Sell | 2,000 | $69.32 | $138,640.00 | | |
| 7/31/2014 | James D Hartman | Director | Sell | 2,000 | $66.50 | $133,000.00 | | |
| 2/21/2014 | Robert Irish | Director | Sell | 3,000 | $57.92 | $173,760.00 | | |
| 2/5/2014 | James D Hartman | Director | Sell | 2,000 | $54.51 | $109,020.00 | | |
| 11/4/2013 | Curt A Reynders | CFO | Sell | 6,000 | $53.63 | $321,780.00 | | |
| 11/4/2013 | Terrence Glarner | Director | Sell | 1,000 | $53.39 | $53,390.00 | | |
| 10/31/2013 | Daniel A Baker | CEO | Sell | 20,000 | $53.27 | $1,065,400.00 | | |
(Data available from 1/1/2013 forward)
NVE (NASDAQ NVEC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | NVE (NVEC) Upgraded by BidaskClub to Hold
www.americanbankingnews.com - April 20 at 11:39 AM |
 | Third Day's A Charm: Long Holiday Weekends in Denver Pack More in Than Ever Before
www.prnewswire.com - April 20 at 8:10 AM |
| DaVita Medical Insights Podcast Celebrates a Year of Physician-Led Discussions about Kidney Health
www.prnewswire.com - April 20 at 6:10 AM |
| Diego Pellicer Worldwide, Inc. Branded Stores Hit A High Note To Celebrate 420
www.prnewswire.com - April 19 at 3:32 PM |
| NVE (NVEC) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 8:34 PM |
| Natural Grocers boosts minimum pay to $11 per hour
www.prnewswire.com - April 18 at 7:52 AM |
 | BRF S.A. SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against BRF S.A. - BRFS
feeds.benzinga.com - April 17 at 11:54 PM |
| ENSERVCO to Present at the Rocky Mountain MicroCap Conference II Hosted by GVC Capital and Trickle Research
feeds.benzinga.com - April 16 at 7:46 AM |
| NVE Co. (NVEC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 14 at 5:20 AM |
| Analyzing NVE (NVEC) & Sigma Designs (SIGM)
www.americanbankingnews.com - April 10 at 5:19 PM |
| BRF S.A. SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against BRF S.A. - BRFS
feeds.benzinga.com - April 10 at 1:27 PM |
| Physician's Choice Releases High Potency Ashwagandha on the Market
www.prnewswire.com - April 9 at 8:09 PM |
| SAS recognizes global partner innovation and collaboration
www.prnewswire.com - April 9 at 3:52 PM |
| SAS creates new division to fight fraud globally with AI and advanced analytics
www.prnewswire.com - April 9 at 3:52 PM |
| Institute for Veterans and Military Families uses SAS® Analytics to transition veterans to successful civilian lives
www.prnewswire.com - April 9 at 3:52 PM |
| SAS empowers crime fighters to crack complex cases
www.prnewswire.com - April 9 at 3:52 PM |
| SAS hails excellence in analytics education
www.prnewswire.com - April 9 at 3:52 PM |
| The doctor is in: Consumers are more comfortable with AI in healthcare than other industries, per a SAS survey
www.prnewswire.com - April 9 at 3:52 PM |
| New SAS® Viya® enhancements embed transparent AI technology and offer better data governance and improved user productivity
www.prnewswire.com - April 9 at 3:52 PM |
| ACADIA INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In ACADIA Pharmaceuticals Inc. To Contact The Firm
www.prnewswire.com - April 9 at 1:57 PM |
| Revolutionary Mortgage Lender Eave Launches In Colorado
www.prnewswire.com - April 6 at 1:55 PM |
| Off-Broadway Smash-Hit 'Puffs' Brings a Hilarious Take on the Wizarding World to Moviegoers Nationwide May 9 and 12 Only
www.prnewswire.com - April 4 at 10:07 AM |
| Aimco's Case Against Airbnb Proceeds
www.prnewswire.com - April 3 at 7:55 PM |
 | Recent Analysis Shows Jack Henry & Associates, Omnicell, Surgery Partners, Floor & Decor, NVE, and RA PHARMCTL INC Market Influences — Renewed Outlook, Key Drivers of Growth
finance.yahoo.com - April 2 at 3:28 PM |
| NVE (NVEC) vs. Cree (CREE) Critical Contrast
www.americanbankingnews.com - March 31 at 1:26 PM |
| Notice Of Filing Of Securities Class Action Against Edward D. Jones & Co. L.P., Its Executive Committee And Managing Partner, And Subsidiaries
www.prnewswire.com - March 31 at 2:42 AM |
| NVE Corp (NVEC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 29 at 5:26 PM |
| RSP PERMIAN INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of RSP Permian, Inc.
www.prnewswire.com - March 28 at 7:34 PM |
| SambaSafety Hits One Million Subscribers Milestone on Driver Risk Management Solution
www.prnewswire.com - March 28 at 7:34 PM |
| NVE (NVEC) Lowered to "Sell" at BidaskClub
www.americanbankingnews.com - March 26 at 11:30 PM |
| BidaskClub Upgrades NVE (NVEC) to "Hold"
www.americanbankingnews.com - March 25 at 2:34 PM |
| ATLAS FINANCIAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Atlas Financial Holdings, Inc. - AFH
feeds.benzinga.com - March 24 at 1:48 AM |
| INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Riot Blockchain, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of April 18, 2018 – RIOT
feeds.benzinga.com - March 23 at 4:13 PM |
| Centennial Resource Development to Present at the Scotia Howard Weil Energy Conference
feeds.benzinga.com - March 23 at 7:51 AM |
| INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses in Excess of $100,000 from Investment in Facebook, Inc. to Contact Brower Piven Before the Lead Plaintiff Deadline in Class Action Lawsuit
feeds.benzinga.com - March 21 at 3:26 PM |
| Local Museum Officials Inaugurate State's First-Ever Center for Colorado Women's History
www.prnewswire.com - March 21 at 1:24 PM |
| Grandoozy Unveils 2018 Lineup With Kendrick Lamar Headlining Friday, Florence + The Machine Headlining Saturday And Stevie Wonder Headlining Sunday
www.prnewswire.com - March 20 at 6:48 PM |
| TWENTY FOUR SEVEN HOTELS TO MANAGE HOLIDAY INN ONTARIO AIRPORT FOR SUNWAY INVESTMENT GROUP
feeds.benzinga.com - March 20 at 12:28 PM |
| City on the Side: The Country's First & Only Accredited Sidecar Tours
www.prnewswire.com - March 20 at 8:12 AM |
| ACADIA HEALTHCARE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Acadia Healthcare Company, Inc. - ACHC
feeds.benzinga.com - March 16 at 11:33 PM |
| Gates Industrial Reports Strong Fourth-Quarter and Full-Year 2017 Results
www.prnewswire.com - March 13 at 10:54 PM |
| WAGEWORKS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Wageworks, Inc. - WAGE
feeds.benzinga.com - March 10 at 12:46 AM |
| Royalty Flow IPO Requalified By SEC
www.prnewswire.com - March 9 at 10:21 AM |
| ATLAS FINANCIAL INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Atlas Financial Holdings, Inc. To Contact The Firm
www.prnewswire.com - March 8 at 8:33 PM |
| NVE Corp (NVEC) Given $79.00 Consensus Target Price by Brokerages
www.americanbankingnews.com - March 8 at 1:52 PM |
| COMMERCEHUB INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CommerceHub, Inc.
www.prnewswire.com - March 7 at 12:19 PM |
| Connors Investor Services Inc. Has $2.77 Million Position in NVE Corp (NVEC)
www.americanbankingnews.com - March 5 at 12:49 PM |
| ULTA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ulta Beauty, Inc. - ULTA
feeds.benzinga.com - March 3 at 12:47 PM |
| IOVANCE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Iovance Biotherapeutics, Inc. - IOVA
www.prnewswire.com - March 2 at 11:09 PM |
| CIVITAS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Civitas Solutions, Inc. - CIVI
www.prnewswire.com - March 2 at 11:09 PM |
NVE (NASDAQ:NVEC) SEC Filings
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NVE (NASDAQ:NVEC) Income Statement, Balance Sheet and Cash Flow Statement
NVE (NASDAQ NVEC) Stock Chart for Friday, April, 20, 2018
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