nVent Electric Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for nVent Electric in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" nVent Electric stock.
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nVent Electric is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for nVent Electric.

nVent Electric plc (NYSE:NVT) posted its earnings results on Tuesday, August, 3rd. The company reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.10. The firm earned $601 million during the quarter, compared to analysts' expectations of $537.75 million. nVent Electric had a trailing twelve-month return on equity of 12.56% and a net margin of 1.83%. nVent Electric's quarterly revenue was up 34.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.29 EPS.
View nVent Electric's earnings history.

nVent Electric's stock was trading at $19.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NVT stock has increased by 70.8% and is now trading at $32.64.
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nVent Electric announced a quarterly dividend on Thursday, May 13th. Stockholders of record on Friday, July 23rd will be given a dividend of $0.175 per share on Friday, August 6th. This represents a $0.70 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Thursday, July 22nd.
View nVent Electric's dividend history.

nVent Electric pays an annual dividend of $0.70 per share and currently has a dividend yield of 2.11%. The dividend payout ratio of nVent Electric is 46.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, nVent Electric will have a dividend payout ratio of 33.82% next year. This indicates that nVent Electric will be able to sustain or increase its dividend.
View nVent Electric's dividend history.

nVent Electric updated its FY 2021 earnings guidance on Tuesday, August, 10th. The company provided EPS guidance of $1.840-$1.900 for the period, compared to the Thomson Reuters consensus estimate of $1.750. The company issued revenue guidance of $2.30 billion-$2.36 billion, compared to the consensus revenue estimate of $2.20 billion.

5 equities research analysts have issued 1 year target prices for nVent Electric's shares. Their forecasts range from $30.00 to $49.00. On average, they expect nVent Electric's share price to reach $37.80 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
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31 employees have rated nVent Electric CEO Beth Wozniak on Glassdoor.com. Beth Wozniak has an approval rating of 75% among nVent Electric's employees.

Some companies that are related to nVent Electric include Pentair (PNR), John Bean Technologies (JBT), Metso (MXCYY), Kadant (KAI) and Thermwood (TOOD).
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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).

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

nVent Electric's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.17%), BlackRock Inc. (8.42%), American Century Companies Inc. (7.92%), Franklin Resources Inc. (3.46%), State Street Corp (2.57%) and Dimensional Fund Advisors LP (2.31%). Company insiders that own nVent Electric stock include Jerry W Burris, Michael L Ducker, Randall J Hogan, Ronald Merriman, Sara E Zawoyski and William T Monahan.
View institutional ownership trends for nVent Electric.

NVT stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Vaughan Nelson Investment Management L.P., FMR LLC, BlackRock Inc., Invesco Ltd., American Century Companies Inc., Nuveen Asset Management LLC, and Mairs & Power Inc.. Company insiders that have sold nVent Electric company stock in the last year include Jerry W Burris, Randall J Hogan, Ronald Merriman, and Sara E Zawoyski.
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NVT stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Ariel Investments LLC, Massachusetts Financial Services Co. MA, Vanguard Group Inc., State Street Corp, Lansdowne Partners UK LLP, SG Americas Securities LLC, and Millennium Management LLC.
View insider buying and selling activity for nVent Electric or or view top insider-buying stocks.

Shares of NVT 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.
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One share of NVT stock can currently be purchased for approximately $32.64.

nVent Electric has a market capitalization of $5.49 billion and generates $2.00 billion in revenue each year. The company earns $-47,200,000.00 in net income (profit) each year or $1.50 on an earnings per share basis.

nVent Electric employs 8,800 workers across the globe.

The official website for nVent Electric is www.nvent.com.

nVent Electric is headquartered at THE MILLE 1000 GREAT WEST ROAD 8TH FLOOR (EAST), LONDON X0, TW8 9DW.

nVent Electric's mailing address is THE MILLE 1000 GREAT WEST ROAD 8TH FLOOR (EAST), LONDON X0, TW8 9DW. The company can be reached via phone at 442039660279 or via email at [email protected]