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
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:NVEC
CUSIP62944520
Phone952-829-9217
Debt
Debt-to-Equity RatioN/A
Current Ratio24.01
Quick Ratio21.76
Price-To-Earnings
Trailing P/E Ratio40.09
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$29.86 million
Price / Sales18.91
Cash Flow$3.1154 per share
Price / Cash37.45
Book Value$17.85 per share
Price / Book6.54
Profitability
EPS (Most Recent Fiscal Year)$2.91
Net Income$13.91 million
Net Margins49.58%
Return on Equity16.90%
Return on Assets16.70%
Miscellaneous
Employees45
Outstanding Shares4,840,000
Market Cap$565.11 million
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, July 19th. Stockholders of record on Monday, July 30th will be given a dividend of $1.00 per share on Friday, August 31st. This represents a $4.00 annualized dividend and a dividend yield of 3.43%. The ex-dividend date is Friday, July 27th. View NVE's Dividend History.
How were NVE's earnings last quarter?
NVE Corp (NASDAQ:NVEC) released its quarterly earnings results on Wednesday, July, 18th. The semiconductor company reported $0.81 earnings per share for the quarter. The semiconductor company had revenue of $7.11 million for the quarter. NVE had a net margin of 49.58% and a return on equity of 16.90%. View NVE's Earnings History.
When is NVE's next earnings date?
Who are some of NVE's key competitors?
Some companies that are related to NVE include Amkor Technology (AMKR), Finisar (FNSR), Power Integrations (POWI), Silicon Motion Technology (SIMO), Solaredge Technologies (SEDG), Tower Semiconductor (TSEM), Diodes (DIOD), BE Semiconductor Industrs (BESIY), Kulicke and Soffa Industries (KLIC), Dialog Semiconductor (DLGNF), Acacia Communications (ACIA), Oclaro (OCLR), MACOM Technology Solutions (MTSI), Synaptics (SYNA) and Inphi (IPHI).
Who are NVE's key executives?
NVE's management team includes the folowing people:
- Dr. Daniel A. Baker, 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. Timothy R. Hazelton, VP of Sales (Age 53)
- Mr. John K. Myers, VP of New Bus. Devel. (Age 69)
Has NVE been receiving favorable news coverage?
News coverage about NVEC stock has been trending somewhat positive this week, Accern reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NVE earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news articles about the semiconductor company an impact score of 46.12 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for NVE.
Who are NVE's major shareholders?
NVE's stock is owned by many different of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (7.89%), BlackRock Inc. (7.16%), Wells Fargo & Company MN (2.77%), Dimensional Fund Advisors LP (2.25%), Renaissance Technologies LLC (2.19%) and Bank of New York Mellon Corp (1.30%). Company insiders that own NVE stock include Curt A Reynders, Patricia M Hollister and Terrence Glarner. View Institutional Ownership Trends for NVE.
Which institutional investors are selling NVE stock?
NVEC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Wedge Capital Management L L P NC, Bank of New York Mellon Corp, Strs Ohio, Bank of America Corp DE, Keybank National Association OH, California Public Employees Retirement System and Aperio Group LLC. Company insiders that have sold NVE company stock in the last year include Curt A Reynders and Terrence Glarner. View Insider Buying and Selling for NVE.
Which institutional investors are buying NVE stock?
NVEC stock was acquired by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Conestoga Capital Advisors LLC, BlackRock Inc., Wells Fargo & Company MN, Dimensional Fund Advisors LP, Cornerstone Wealth Management LLC, Port Capital LLC and Cadence Capital Management LLC. View Insider Buying and Selling for NVE.
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 $116.67.
How big of a company is NVE?
NVE has a market capitalization of $565.11 million and generates $29.86 million in revenue each year. The semiconductor company earns $13.91 million in net income (profit) each year or $2.91 on an earnings per share basis. NVE employs 45 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 (NASDAQ 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.
