QQQ   390.19 (+0.26%)
AAPL   190.40 (+0.32%)
MSFT   382.70 (+1.08%)
META   338.99 (+1.28%)
GOOGL   137.20 (+0.58%)
AMZN   147.03 (-0.47%)
TSLA   246.72 (+4.51%)
NVDA   478.21 (-0.87%)
NIO   7.21 (+0.28%)
BABA   76.72 (-1.04%)
AMD   122.01 (-0.52%)
T   16.18 (-0.19%)
F   10.39 (+0.48%)
MU   76.12 (-1.79%)
CGC   0.54 (-1.82%)
GE   118.85 (-0.93%)
DIS   92.50 (-2.81%)
AMC   6.70 (-1.47%)
PFE   29.69 (-1.49%)
PYPL   58.47 (+3.69%)
XOM   103.90 (-0.06%)
QQQ   390.19 (+0.26%)
AAPL   190.40 (+0.32%)
MSFT   382.70 (+1.08%)
META   338.99 (+1.28%)
GOOGL   137.20 (+0.58%)
AMZN   147.03 (-0.47%)
TSLA   246.72 (+4.51%)
NVDA   478.21 (-0.87%)
NIO   7.21 (+0.28%)
BABA   76.72 (-1.04%)
AMD   122.01 (-0.52%)
T   16.18 (-0.19%)
F   10.39 (+0.48%)
MU   76.12 (-1.79%)
CGC   0.54 (-1.82%)
GE   118.85 (-0.93%)
DIS   92.50 (-2.81%)
AMC   6.70 (-1.47%)
PFE   29.69 (-1.49%)
PYPL   58.47 (+3.69%)
XOM   103.90 (-0.06%)
QQQ   390.19 (+0.26%)
AAPL   190.40 (+0.32%)
MSFT   382.70 (+1.08%)
META   338.99 (+1.28%)
GOOGL   137.20 (+0.58%)
AMZN   147.03 (-0.47%)
TSLA   246.72 (+4.51%)
NVDA   478.21 (-0.87%)
NIO   7.21 (+0.28%)
BABA   76.72 (-1.04%)
AMD   122.01 (-0.52%)
T   16.18 (-0.19%)
F   10.39 (+0.48%)
MU   76.12 (-1.79%)
CGC   0.54 (-1.82%)
GE   118.85 (-0.93%)
DIS   92.50 (-2.81%)
AMC   6.70 (-1.47%)
PFE   29.69 (-1.49%)
PYPL   58.47 (+3.69%)
XOM   103.90 (-0.06%)
QQQ   390.19 (+0.26%)
AAPL   190.40 (+0.32%)
MSFT   382.70 (+1.08%)
META   338.99 (+1.28%)
GOOGL   137.20 (+0.58%)
AMZN   147.03 (-0.47%)
TSLA   246.72 (+4.51%)
NVDA   478.21 (-0.87%)
NIO   7.21 (+0.28%)
BABA   76.72 (-1.04%)
AMD   122.01 (-0.52%)
T   16.18 (-0.19%)
F   10.39 (+0.48%)
MU   76.12 (-1.79%)
CGC   0.54 (-1.82%)
GE   118.85 (-0.93%)
DIS   92.50 (-2.81%)
AMC   6.70 (-1.47%)
PFE   29.69 (-1.49%)
PYPL   58.47 (+3.69%)
XOM   103.90 (-0.06%)

nVent Electric Stock Price, News & Analysis (NYSE:NVT)

$52.53
-1.78 (-3.28%)
(As of 11/28/2023 ET)
Compare
Today's Range
$52.53
$54.67
50-Day Range
$45.88
$54.83
52-Week Range
$36.70
$58.98
Volume
1.42 million shs
Average Volume
1.20 million shs
Market Capitalization
$8.72 billion
P/E Ratio
18.76
Dividend Yield
1.33%
Price Target
$60.50

nVent Electric MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
15.2% Upside
$60.50 Price Target
Short Interest
Healthy
1.96% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-1.89mentions of nVent Electric in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.28%
From $3.02 to $3.24 Per Share

Overall MarketRank

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

2.22 out of 5 stars

Computer And Technology Sector

236th out of 587 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

2nd out of 4 stocks


NVT stock logo

About nVent Electric Stock (NYSE:NVT)

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals; and metallic and non-metallic enclosures, cabinets, sub racks, and backplanes. The Electrical & Fastening Solutions segment offers fastening solutions to connect and protect electrical and mechanical systems, and civil structures; and engineered electrical and fastening products. The Thermal Management segment offers electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people; and provides thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. It sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. The company markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. It serves the energy, industrial, infrastructure, and commercial and residential sectors. The company was founded in 1903 and is based in London, the United Kingdom.

NVT Stock Price History

NVT Stock News Headlines

Here’s Why nVent (NVT) Outperformed in Q3
10 Small Businesses That Have High Failure Rates
Secure your stake in the Smart Home industry.
Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.
Brokerages Set nVent Electric plc (NYSE:NVT) Target Price at $60.50
Secure your stake in the Smart Home industry.
Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.
Q3 2023 nVent Electric PLC Earnings Call
nVent Electric Plc (NVT) Q3 2023 Earnings Call Transcript
NVent Electric Q3 Profit Gains, Lifts FY23 Outlook
nVent Announces Third Quarter 2023 Financial Results
nVent Electric earnings preview: what Wall Street is expecting
nVent Electric Q3 2023 Earnings Preview
nVent Electric PLC's Dividend Analysis
nVent Looks To Power Through Softening Volumes
nVent Electric (NYSE:NVT) Will Pay A Dividend Of $0.175
3 Top Electronics Stocks to Overcome Industry Headwinds
See More Headlines
Receive NVT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for nVent Electric and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 11/3 Dividend
10/19/2023
Last Earnings
10/27/2023
Dividend Payable
11/03/2023
Today
11/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/06/2024

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 Target
$60.50
High Stock Price Target
$65.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+11.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$399.80 million
Pretax Margin
17.84%

Debt

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$3.14 per share
Book Value
$16.52 per share

Miscellaneous

Free Float
161,930,000
Market Cap
$9.01 billion
Optionable
Optionable
Beta
1.33
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report














NVT Stock Analysis - Frequently Asked Questions

Should I buy or sell nVent Electric stock right now?

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

What is nVent Electric's stock price target for 2024?

5 analysts have issued 12-month price objectives for nVent Electric's stock. Their NVT share price targets range from $57.00 to $65.00. On average, they expect the company's stock price to reach $60.50 in the next year. This suggests a possible upside of 15.2% 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 beginning of the year. Since then, NVT stock has increased by 36.6% and is now trading at $52.54.
View the best growth stocks for 2023 here
.

Are investors shorting nVent Electric?

nVent Electric saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,130,000 shares, an increase of 40.4% from the October 15th total of 2,230,000 shares. Based on an average daily volume of 1,340,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.9% of the company's 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 Tuesday, February 6th 2024.
View our NVT earnings forecast
.

How were nVent Electric's earnings last quarter?

nVent Electric plc (NYSE:NVT) issued its earnings results on Friday, October, 27th. The company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.11. The business earned $859 million during the quarter, compared to analyst estimates of $881.99 million. nVent Electric had a trailing twelve-month return on equity of 17.44% and a net margin of 14.98%. The business's revenue was up 15.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.66 earnings per share.

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

nVent Electric declared a quarterly dividend on Tuesday, September 26th. Investors of record on Friday, October 20th will be given a dividend of $0.175 per share on Friday, November 3rd. This represents a $0.70 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, October 19th.
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 1.29%. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVT will have a dividend payout ratio of 21.60% 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 fourth quarter earnings guidance on Friday, October, 27th. The company provided earnings per share guidance of $0.73-0.75 for the period, compared to the consensus earnings per share estimate of $0.72. The company issued revenue guidance of +15-17% to ~$853-868 million, compared to the consensus revenue estimate of $883.53 million.

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).

Who are nVent Electric's major shareholders?

nVent Electric's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (3.95%), Massachusetts Financial Services Co. MA (2.38%), Boston Partners (1.99%), Clean Energy Transition LLP (1.51%), Congress Asset Management Co. MA (1.33%) and Ariel Investments LLC (1.29%). Insiders that own company stock include Beth Wozniak, Greg Scheu, Herbert K Parker, Jerry W Burris, Joseph A Ruzynski, Lynnette R Heath, Michael B Faulconer, 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.

This page (NYSE:NVT) was last updated on 11/28/2023 by MarketBeat.com Staff

My Account -