NASDAQ:NVECNVE Stock Price, Forecast & News

$63.74

+2.74 (+4.49 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$62.02

Now: $63.74▼

$65.00

50-Day Range

$48.40

MA: $55.38▼

$60.53

52-Week Range

$42.85

Now: $63.74▼

$76.40

Volume1,388 shs

Average Volume23,077 shs

Market Capitalization$308.50 million

P/E Ratio21.32

Dividend Yield6.63%

Beta1.38

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for NVE.

2.1 Community Rank

Outperform Votes
NVE has received 194 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NVE has received 278 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NVE has received 58.90% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
NVE is a leading dividend payer. It pays a dividend yield of 6.63%, 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.

1.0 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
69.86% of the stock of NVE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NVE is 21.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of NVE is 21.32, 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 41.53.
Price to Book Value per Share Ratio
NVE has a P/B Ratio of 3.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.08 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorComputer and Technology

Current SymbolNASDAQ:NVEC

Previous Symbol

CUSIP62944520

CIK724910

Webwww.nve.com

Phone952-829-9217

Debt

Debt-to-Equity Ratio0.01

Current Ratio43.20

Quick Ratio38.32

Price-To-Earnings

Trailing P/E Ratio21.32

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$25.41 million

Price / Sales12.14

Cash Flow$3.29 per share

Price / Cash Flow19.38

Book Value$16.09 per share

Price / Book3.96

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$14.53 million

Net Margins57.88%

Return on Equity18.06%

Return on Assets17.80%

Miscellaneous

Employees45

Outstanding Shares4,840,000

Market Cap$308.50 million

Next Earnings Date7/15/2020 (Estimated)

OptionableNot Optionable

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NVE (NASDAQ:NVEC) Frequently Asked Questions

How has NVE's stock been impacted by COVID-19 (Coronavirus)?

NVE's stock was trading at $56.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NVEC shares have increased by 13.6% and is now trading at $63.74. View which stocks have been most impacted by Coronavirus.

When is NVE's next earnings date?

NVE is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for NVE.

How were NVE's earnings last quarter?

NVE Corp (NASDAQ:NVEC) announced its quarterly earnings results on Wednesday, January, 22nd. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter. The semiconductor company earned $6.47 million during the quarter. NVE had a net margin of 57.88% and a return on equity of 18.06%. View NVE's earnings history.

How often does NVE pay dividends? What is the dividend yield for NVE?

NVE declared a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, May 18th will be given a dividend of $1.00 per share on Friday, May 29th. This represents a $4.00 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Friday, May 15th. View NVE's dividend history.

Has NVE been receiving favorable news coverage?

News headlines about NVEC stock have trended very negative recently, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NVE earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutNVE.

Who are some of NVE's key competitors?

Some companies that are related to NVE include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Inphi (IPHI) and Cree (CREE). View all competitors.

What other stocks do shareholders of NVE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NVE investors own include QUALCOMM (QCOM), Caterpillar (CAT), Comtech Telecomm. (CMTL), Gilead Sciences (GILD), AT&T (T), AbbVie (ABBV), Applied Materials (AMAT), Dendreon (DNDNQ), Energy Transfer LP Unit (ET) and General Electric (GE).

Who are NVE's key executives?

NVE's management team includes the following people:

Dr. Daniel A. Baker, CEO, Pres & Director (Age 61)
Mr. Curt A. Reynders, CFO, Treasurer & Sec. (Age 56)
Mr. Peter G. Eames, VP of Advanced Technology (Age 43)
Mr. John K. Myers, VP of New Bus. Devel. (Age 70)
Mr. Jay L. Brown, VP (Age 60)

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.55%), State Street Corp (2.86%), Russell Investments Group Ltd. (1.73%), Geode Capital Management LLC (1.55%), Ranger Investment Management L.P. (1.51%) and AQR Capital Management LLC (1.48%). Company insiders that own NVE stock include Curt A Reynders, Patricia M Hollister and Terrence Glarner. View institutional ownership trends for NVE.

Which major investors are selling NVE stock?

NVEC stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, JPMorgan Chase & Co., Morgan Stanley, Squarepoint Ops LLC, Wasatch Advisors Inc., Wells Fargo & Company MN, Assenagon Asset Management S.A., and Russell Investments Group Ltd.. Company insiders that have sold NVE company stock in the last year include Curt A Reynders, Patricia M Hollister, and Terrence Glarner. View insider buying and selling activity for NVE.

Which major investors are buying NVE stock?

NVEC stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Atom Investors LP, Rhumbline Advisers, Nuveen Asset Management LLC, Bridge City Capital LLC, PNC Financial Services Group Inc., Chicago Equity Partners LLC, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is NVE's stock price today?

One share of NVEC stock can currently be purchased for approximately $63.74.

How big of a company is NVE?

NVE has a market capitalization of $308.50 million and generates $25.41 million in revenue each year. NVE employs 45 workers across the globe.

What is NVE's official website?

The official website for NVE is www.nve.com.

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.

This page was last updated on 6/3/2020 by MarketBeat.com Staff