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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NYSE:NVT

nVent Electric - NVT Stock Forecast, Price & News

$40.92
-0.14 (-0.34%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$40.00
$41.09
50-Day Range
$38.42
$46.28
52-Week Range
$29.19
$46.66
Volume
1.12 million shs
Average Volume
1.16 million shs
Market Capitalization
$6.77 billion
P/E Ratio
17.27
Dividend Yield
1.71%
Price Target
$44.00

nVent Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
7.5% Upside
$44.00 Price Target
Short Interest
Healthy
1.24% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.01mentions of nVent Electric in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$157,745 Sold Last Quarter
Proj. Earnings Growth
7.00%
From $2.57 to $2.75 Per Share

Overall MarketRank

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

2.27 out of 5 stars

Computer And Technology Sector

287th out of 612 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

2nd out of 4 stocks


NVT stock logo

About nVent Electric (NYSE:NVT) Stock

nVent Electric Plc engages in the provision of electrical connection and protection solutions. It operates through the following segments: Enclosures, Thermal Management, and Electrical & Fastening Solutions. The Enclosures segment offers solutions that protect, connect, and manage heat in critical electronics, communication, control, and power equipment. The Thermal Management segment includes electric thermal solutions that connect and protect critical buildings, infrastructure, industrial processes, and people. The Electrical & Fastening Solution segment consists of fastening solutions that connect and protect electrical and mechanical systems and civil structures. The company was founded on May 30, 2017, and is headquartered in London, the United Kingdom.

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NVT Stock News Headlines

nVent Electric Reaches Analyst Target Price
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Why Shares of nVent Electric Are Powering Higher This Week
Can nVent (NVT) Keep the Earnings Surprise Streak Alive?
See More Headlines
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NVT Company Calendar

Ex-Dividend for 2/3 Dividend
1/19/2023
Dividend Payable
2/03/2023
Last Earnings
2/07/2023
Today
3/25/2023
Ex-Dividend for 5/12 Dividend
4/27/2023
Next Earnings (Estimated)
5/05/2023
Dividend Payable
5/12/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
N/A
Fax
N/A
Employees
10,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$44.00
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$399.80 million
Pretax Margin
16.25%

Debt

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$3.08 per share
Book Value
$16.52 per share

Miscellaneous

Free Float
162,041,000
Market Cap
$6.77 billion
Optionable
Optionable
Beta
1.33

Key Executives

  • Beth A. Wozniak
    Chief Executive Officer & Director
  • Sara E. ZawoyskiSara E. Zawoyski
    Chief Financial Officer & Executive VP
  • Aravind Padmanabhan
    Chief Technology Officer & Executive VP
  • Lynnette R. Heath
    Chief Human Resources Officer & Executive VP
  • Jon D. Lammers
    Secretary, Executive VP & General Counsel













NVT Stock - Frequently Asked Questions

Should I buy or sell nVent Electric stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for nVent Electric in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NVT shares.
View NVT analyst ratings
or view top-rated stocks.

What is nVent Electric's stock price forecast for 2023?

4 Wall Street research analysts have issued 1 year price objectives for nVent Electric's shares. Their NVT share price forecasts range from $34.00 to $53.00. On average, they predict the company's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for NVT
or view top-rated stocks among Wall Street analysts.

How have NVT shares performed in 2023?

nVent Electric's stock was trading at $38.47 at the start of the year. Since then, NVT shares have increased by 6.4% and is now trading at $40.92.
View the best growth stocks for 2023 here
.

Are investors shorting nVent Electric?

nVent Electric saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,020,000 shares, an increase of 16.8% from the February 13th total of 1,730,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.2% of the shares of the stock are short sold.
View nVent Electric's Short Interest
.

When is nVent Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our NVT earnings forecast
.

How were nVent Electric's earnings last quarter?

nVent Electric plc (NYSE:NVT) announced its quarterly earnings results on Tuesday, February, 7th. The company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.08. The company earned $742 million during the quarter, compared to analyst estimates of $712.01 million. nVent Electric had a trailing twelve-month return on equity of 15.38% and a net margin of 13.74%. The firm's quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.50 earnings per share.

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

nVent Electric announced a quarterly dividend on Tuesday, February 28th. Shareholders of record on Friday, April 28th will be given a dividend of $0.175 per share on Friday, May 12th. This represents a $0.70 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, April 27th.
Read our dividend analysis for NVT
.

Is nVent Electric a good dividend stock?

nVent Electric (NYSE:NVT) pays an annual dividend of $0.70 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 29.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVT will have a dividend payout ratio of 25.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NVT.

What guidance has nVent Electric issued on next quarter's earnings?

nVent Electric issued an update on its FY23 earnings guidance on Tuesday, February, 7th. The company provided earnings per share guidance of $2.51-$2.61 for the period, compared to the consensus earnings per share estimate of $2.49. The company issued revenue guidance of $2.54-$2.59 billion, compared to the consensus revenue estimate of $2.97 billion.

What is Beth Wozniak's approval rating as nVent Electric's CEO?

31 employees have rated nVent Electric Chief Executive Officer Beth Wozniak on Glassdoor.com. Beth Wozniak has an approval rating of 75% among the company's employees.

What other stocks do shareholders of nVent Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other nVent Electric investors own include Pentair (PNR), AbbVie (ABBV), AT&T (T), Waste Connections (WCN), Pfizer (PFE), QUALCOMM (QCOM), Allena Pharmaceuticals (ALNA), Caterpillar (CAT), CenterPoint Energy (CNP) and CVS Health (CVS).

What is nVent Electric's stock symbol?

nVent Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVT."

Who are nVent Electric's major shareholders?

nVent Electric's stock is owned by many different retail and institutional investors. Top institutional investors include American Century Companies Inc. (4.15%), Franklin Resources Inc. (3.37%), Dimensional Fund Advisors LP (2.29%), Neuberger Berman Group LLC (2.28%), Ariel Investments LLC (2.19%) and Boston Partners (1.99%). Insiders that own company stock include Herbert K Parker, Jerry W Burris, Joseph A Ruzynski, Michael B Faulconer, Michael L Ducker, Randall J Hogan, Randolph A Wacker, Ronald Merriman, Sara E Zawoyski and Sara E Zawoyski.
View institutional ownership trends
.

How do I buy shares of nVent Electric?

Shares of NVT 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 nVent Electric's stock price today?

One share of NVT stock can currently be purchased for approximately $40.92.

How much money does nVent Electric make?

nVent Electric (NYSE:NVT) has a market capitalization of $6.77 billion and generates $2.91 billion in revenue each year. The company earns $399.80 million in net income (profit) each year or $2.37 on an earnings per share basis.

How many employees does nVent Electric have?

The company employs 10,400 workers across the globe.

How can I contact nVent Electric?

nVent Electric's mailing address is THE MILLE 1000 GREAT WEST ROAD 8TH FLOOR (EAST), LONDON X0, TW8 9DW. The official website for the company is www.nvent.com. The company can be reached via phone at 442039660279 or via email at jc.weigelt@nvent.com.

This page (NYSE:NVT) was last updated on 3/25/2023 by MarketBeat.com Staff