S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:HCHC

INNOVATE Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$3.80
-0.06 (-1.55%)
(As of 12/3/2021 12:00 AM ET)
Add
Compare
Today's Range
$3.76
$3.85
50-Day Range
$3.45
$4.25
52-Week Range
$2.06
$4.75
Volume
294,525 shs
Average Volume
437,553 shs
Market Capitalization
$295.72 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.31

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INNOVATE logo

About INNOVATE

INNOVATE Corp. engages in the acquisition and investment of assets. It operates through the following segments: Infrastructure, Clean Energy, Telecommunications, Insurance, Life Sciences, Spectrum, and Other. The Infrastructure segment models, details, fabricates, and erects structural steel for commercial and industrial construction projects. The Clean Energy segment designs, builds, and maintains compressed natural gas fueling stations for transportation vehicles. The Telecommunications segment manages telecommunications business including a network of direct routes and provides voice communication services. The Insurance segment offers long-termcare, life, annuity, and other accident and health coverage. The Life Sciences segment maintains controlling interests in Genovel Orthopedics, Inc. and R2 Technologies, Inc. through Pansend Life Sciences LLC. The Spectrum segment owns over-the-air broadcasting stations and spanish-language broadcast network. The Other segment represents all other businesses or investments that do not meet the definition of a segment individually or in the aggregate. The company was founded in 1994 and is headquartered in New York, NY.

Headlines

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Industry, Sector and Symbol

Industry
Fabricated structural metal products
Sub-Industry
N/A
Previous Symbol
NASDAQ:HCHC
Fax
N/A
Employees
2,803
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$0.06 per share
Book Value
$7.82 per share

Profitability

Net Income
$-92 million
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$295.72 million
Optionable
Optionable

Company Calendar

Last Earnings
5/07/2021
Today
12/05/2021

MarketRank

Overall MarketRank

1.79 out of 5 stars

Multi-Sector Conglomerates Sector

14th out of 25 stocks

Fabricated Structural Metal Products Industry

5th out of 7 stocks

Analyst Opinion: 2.0Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












INNOVATE (NYSE:HCHC) Frequently Asked Questions

How were INNOVATE's earnings last quarter?

INNOVATE Corp (NYSE:HCHC) announced its quarterly earnings results on Friday, May, 7th. The technology company reported ($0.51) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.22) by $0.29. The technology company had revenue of $171.80 million for the quarter. INNOVATE had a negative trailing twelve-month return on equity of 15.62% and a negative net margin of 3.10%.
View INNOVATE's earnings history
.

What price target have analysts set for HCHC?

0 brokers have issued 12 month target prices for INNOVATE's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate INNOVATE's share price to reach $5.00 in the next year. This suggests a possible upside of 31.6% from the stock's current price.
View analysts' price targets for INNOVATE
or view top-rated stocks among Wall Street analysts.

Who are INNOVATE's key executives?

INNOVATE's management team includes the following people:
  • Wayne Barr, Chief Executive Officer & Director
  • Michael J. Sena, Chief Financial Officer
  • Suzi Raftery Herbst, Chief Administrative Officer
  • A. J. Stahl, Vice President-Investments
  • Joseph A. Ferraro, Secretary & Chief Legal Officer

Who are some of INNOVATE's key competitors?

What other stocks do shareholders of INNOVATE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other INNOVATE investors own include NVIDIA (NVDA), QUALCOMM (QCOM), OPKO Health (OPK), Overstock.com (OSTK), Advanced Micro Devices (AMD), Micron Technology (MU), Target (TGT), Marvell Technology (MRVL), AbbVie (ABBV) and Walt Disney (DIS).

What is INNOVATE's stock symbol?

INNOVATE trades on the New York Stock Exchange (NYSE) under the ticker symbol "HCHC."

Who are INNOVATE's major shareholders?

INNOVATE's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Citadel Advisors LLC (0.00%). Company insiders that own INNOVATE stock include Avram A Glazer, Joseph Anthony Ferraro, Kenneth S Courtis, Michael J Sena, Ophir Sternberg and Wayne Barr Jr.
View institutional ownership trends for INNOVATE
.

Which institutional investors are selling INNOVATE stock?

HCHC stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC. Company insiders that have sold INNOVATE company stock in the last year include Joseph Anthony Ferraro, and Michael J Sena.
View insider buying and selling activity for INNOVATE
or view top insider-selling stocks.

What is INNOVATE's stock price today?

One share of HCHC stock can currently be purchased for approximately $3.80.

How much money does INNOVATE make?

INNOVATE has a market capitalization of $295.72 million and generates $1.01 billion in revenue each year.

How many employees does INNOVATE have?

INNOVATE employs 2,803 workers across the globe.

What is INNOVATE's official website?

The official website for INNOVATE is www.hc2.com.

Where are INNOVATE's headquarters?

INNOVATE is headquartered at 450 PARK AVENUE 30TH FLOOR, NEW YORK NY, 10022.

How can I contact INNOVATE?

INNOVATE's mailing address is 450 PARK AVENUE 30TH FLOOR, NEW YORK NY, 10022. The technology company can be reached via phone at (212) 235-2690 or via email at [email protected].


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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