NASDAQ:NVEC

NVE - NVEC Stock Forecast, Price & News

$66.24

-1.98 (-2.90%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $65.98
▼
$68.38
50-Day Range: $46.65
▼
$68.22
52-Week Range: $43.35
▼
$72.78

Volume: 6,965 shs
Average Volume: 18,848 shs
Market Capitalization: $319.94 million

P/E Ratio: 18.25
Dividend Yield: 5.86%
Price Target: N/A

NVE MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.98% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.63
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Computer And Technology Sector

385th out of 633 stocks

Semiconductors & Related Devices Industry

54th out of 95 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for NVE.

5.0

Short Interest

Percentage of Shares Shorted
0.98% of the float of NVE has been sold short.
Short Interest Ratio / Days to Cover
NVE has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NVE has recently decreased by 13.06%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
NVE is a leading dividend payer. It pays a dividend yield of 5.86%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
NVE does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of NVE is 110.19%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NVEC.

2.0

News and Social Media Coverage

News Sentiment
NVE has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for NVE this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for NVEC on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added NVE to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NVE insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.30% of the stock of NVE is held by insiders.
Percentage Held by Institutions
56.20% of the stock of NVE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NVE is 18.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of NVE is 18.25, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 401.76.
Price to Book Value per Share Ratio
NVE has a P/B Ratio of 5.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NVE (NASDAQ:NVEC) Stock

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. 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 for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

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NVEC Stock News Headlines

November 26, 2022 | americanbankingnews.com

NVE (NASDAQ:NVEC) Share Price Passes Above 200 Day Moving Average of $51.72

November 9, 2022 | finance.yahoo.com

Investing in NVE (NASDAQ:NVEC) five years ago would have delivered you a 2.4% gain

October 20, 2022 | in.investing.com

NVE Corp Reports Q3 EPS of $1.26 By Investing.com - Investing.com India

October 19, 2022 | investing.com

NVE Corp Reports Q3 EPS of $1.26 By Investing.com - Investing.com

October 10, 2022 | finance.yahoo.com

Global Magneto Resistive RAM (MRAM) Market to Reach $7.2 Billion by 2027 - Yahoo Finance

October 8, 2022 | uk.finance.yahoo.com

NVE Corporation (NASDAQ:NVEC) is favoured by institutional owners who hold 57% of the company - Yahoo Finance UK

October 6, 2022 | au.finance.yahoo.com

NVE Corporation (NASDAQ:NVEC) is favoured by institutional owners who hold 57% of the company - Yahoo Finance Australia

October 6, 2022 | finance.yahoo.com

NVE Corporation (NASDAQ:NVEC) is favoured by institutional owners who hold 57% of the company

September 20, 2022 | reuters.com

Norway 'very unlikely' to face power rationing despite low reservoirs, regulator says - Reuters

September 15, 2022 | nasdaq.com

Canadian Market Up In Positive Territory As Energy Stocks Rally - Nasdaq

September 13, 2022 | finance.yahoo.com

The Global MRAM Market is expected to grow by $ 1.43 mn during 2022-2026, accelerating at a CAGR of 37.39% during the forecast period - Yahoo Finance

September 8, 2022 | barrons.com

Facing Beleaguered Europe, Norway Keen To Protect Energy Windfall - Barron's

September 5, 2022 | reuters.com

NVEC.A - NVE Corp | Stock Price & Latest News | Reuters

August 26, 2022 | nasdaq.com

The Trend Of High Returns At NVE (NASDAQ:NVEC) Has Us Very Interested - Nasdaq

August 17, 2022 | markets.businessinsider.com

Oil price outlook: Brent to rebound to $125 with global supply tight - Markets Insider

August 8, 2022 | bloomberg.com

Norway Must Follow EU Rules If Cutting Power Exports, Lobby Says - Bloomberg

August 6, 2022 | bloomberg.com

Norway Considers Limiting Power Exports to Avoid Shortages - Bloomberg

August 5, 2022 | bloomberg.com

Norway Mulls Curbing Electricity Exports to Avoid Shortages - Bloomberg

August 4, 2022 | seekingalpha.com

Nvidia Stock Is Still Too Expensive (NASDAQ:NVDA) - Seeking Alpha

July 24, 2022 | finance.yahoo.com

NVE (NASDAQ:NVEC) Is Paying Out A Dividend Of $1.00 - Yahoo Finance

July 21, 2022 | fool.com

NVE (NVEC) Q1 2023 Earnings Call Transcript - The Motley Fool

July 21, 2022 | finance.yahoo.com

NVE (NVEC) Q1 2023 Earnings Call Transcript

July 14, 2022 | finance.yahoo.com

NVE Schedules Conference Call on First-Quarter Results - Yahoo Finance

July 13, 2022 | ca.finance.yahoo.com

FILAMENT HEALTH ANNOUNCES CLOSING OF $2,500,080 PRIVATE PLACEMENT - Yahoo Canada Finance

July 13, 2022 | globenewswire.com

NVE Schedules Conference Call on First-Quarter Results - GlobeNewswire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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NVEC Company Calendar

Last Earnings: 1/22/2020
Ex-Dividend for 8/31 Dividend: 7/29/2022
Dividend Payable: 8/31/2022
Ex-Dividend for 11/30 Dividend: 10/28/2022
Today: 11/26/2022
Dividend Payable: 11/30/2022
Next Earnings (Estimated): 1/18/2023
Fiscal Year End: 3/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Sector: Computer and Technology
Current Symbol: NASDAQ:NVEC
CUSIP: 62944520
CIK: 724910
Web: www.nve.com
Phone: (952) 829-9217
Fax: 952-829-9189
Employees: 46
Year Founded: 1989

Profitability

EPS (Most Recent Fiscal Year): $3.63
Trailing P/E Ratio: 18.25
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $14.51 million
Net Margins: 56.37%
Pretax Margin: 68.48%
Return on Equity: 27.12%
Return on Assets: 26.13%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 7.66
Quick Ratio: 5.96

Sales & Book Value

Annual Sales: $26.99 million
Price / Sales: 11.85
Cash Flow: $3.00 per share
Price / Cash Flow: 22.07
Book Value: $13.19 per share
Price / Book: 5.02

Miscellaneous

Outstanding Shares: 4,830,000
Free Float: 4,720,000
Market Cap: $319.94 million
Optionable: Not Optionable
Beta: 1.26

Social Links

Key Executives

Dr. Daniel A. Baker Ph.D. (Age 64)
CEO, Pres & Director
Comp: $665.52k

Mr. Joseph R. Schmitz (Age 59)
Chief Financial Officer
Comp: $170.17k

Dr. Peter G. Eames (Age 46)
VP of Advanced Technology
Comp: $212.64k

Mr. John K. Myers (Age 73)
VP of New Bus. Devel.

Mr. Jay L. Brown (Age 63)
VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NVEC Stock - Frequently Asked Questions

How have NVEC shares performed in 2022?: NVE's stock was trading at $68.30 on January 1st, 2022. Since then, NVEC shares have decreased by 3.0% and is now trading at $66.24.
View the best growth stocks for 2022 here.
When is NVE's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 18th 2023.
View our NVEC earnings forecast.
How were NVE's earnings last quarter?: NVE Co. (NASDAQ:NVEC) released its quarterly earnings data on Wednesday, January, 22nd. The semiconductor company reported $0.77 earnings per share (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 27.12% and a net margin of 56.37%.
Read the conference call transcript.
How often does NVE pay dividends? What is the dividend yield for NVE?: NVE declared a quarterly dividend on Wednesday, October 19th. Shareholders of record on Monday, October 31st will be given a dividend of $1.00 per share on Wednesday, November 30th. This represents a $4.00 annualized dividend and a yield of 6.04%. The ex-dividend date of this dividend is Friday, October 28th.
Read our dividend analysis for NVEC.
Is NVE a good dividend stock?: NVE (NASDAQ:NVEC) pays an annual dividend of $4.00 per share and currently has a dividend yield of 5.86%. NVEC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 110.19%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NVEC.
What is Daniel A. Baker's approval rating as NVE's CEO?: 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.

What other stocks do shareholders of NVE own?: 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).
What is NVE's stock symbol?: NVE trades on the NASDAQ under the ticker symbol "NVEC."
Who are NVE's major shareholders?: NVE's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (12.15%), Royce & Associates LP (11.26%), Renaissance Technologies LLC (2.97%), BlackRock Inc. (2.12%), Dimensional Fund Advisors LP (2.05%) and Bank of New York Mellon Corp (1.55%). Insiders that own company stock include Curt A Reynders, James W Bracke and Patricia M Hollister.
View institutional ownership trends.
How do I buy shares of NVE?: 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.
Compare Top Brokerages Here.
What is NVE's stock price today?: One share of NVEC stock can currently be purchased for approximately $66.24.
How much money does NVE make?: NVE (NASDAQ:NVEC) has a market capitalization of $319.94 million and generates $26.99 million in revenue each year. The semiconductor company earns $14.51 million in net income (profit) each year or $3.63 on an earnings per share basis.
How can I contact NVE?: 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.

This page (NASDAQ:NVEC) was last updated on 11/27/2022 by MarketBeat.com Staff

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