NYSE:NVTnVent Electric Stock Price, Forecast & News

nVent Electric's stock was trading at $19.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NVT stock has increased by 1.1% and is now trading at $19.32. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for nVent Electric in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for nVent Electric.

nVent Electric is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for nVent Electric.

nVent Electric PLC (NYSE:NVT) issued its quarterly earnings data on Wednesday, April, 29th. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.03. The company earned $520.90 million during the quarter, compared to the consensus estimate of $535.91 million. nVent Electric had a net margin of 8.45% and a return on equity of 11.56%. The firm's revenue was down 3.2% compared to the same quarter last year. During the same period last year, the firm earned $0.39 EPS. View nVent Electric's earnings history.

nVent Electric announced a quarterly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be given a dividend of $0.175 per share on Friday, August 7th. This represents a $0.70 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Thursday, July 23rd. View nVent Electric's dividend history.

9 analysts have issued 1 year price targets for nVent Electric's stock. Their forecasts range from $21.00 to $32.00. On average, they anticipate nVent Electric's stock price to reach $26.50 in the next year. This suggests a possible upside of 37.2% from the stock's current price. View analysts' price targets for nVent Electric.

News stories about NVT stock have trended extremely negative this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. nVent Electric earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next several days. View the latest news about nVent Electric.

nVent Electric saw a drop in short interest in June. As of June 15th, there was short interest totaling 2,080,000 shares, a drop of 20.3% from the May 31st total of 2,610,000 shares. Based on an average daily volume of 1,130,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.4% of the company's stock are short sold. View nVent Electric's Current Options Chain.

Some companies that are related to nVent Electric include Line (LN), Nice (NICE), Hewlett Packard Enterprise (HPE), Seagate Technology (STX), Zillow Group (ZG), Godaddy (GDDY), REA Group (REA), Etsy (ETSY), Mongodb (MDB), Fair Isaac (FICO), Xero (XRO), Dynatrace (DT), PerkinElmer (PKI), Open Text (OTEX) and Afterpay Touch Group (APT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other nVent Electric investors own include Pentair (PNR), QUALCOMM (QCOM), AT&T (T), Delta Air Lines (DAL), AbbVie (ABBV), Bank of America (BAC), Carnival (CCL), General Electric (GE), JPMorgan Chase & Co. (JPM) and Kraft Heinz (KHC).

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

nVent Electric's stock is owned by a number of institutional and retail investors. Top institutional investors include Mountain Pacific Investment Advisers Inc. ID (0.39%), Envestnet Asset Management Inc. (0.08%), Louisiana State Employees Retirement System (0.02%), Jacobs & Co. CA (0.01%) and Ellevest Inc. (0.00%). Company insiders that own nVent Electric stock include Beth Wozniak, Michael L Ducker, Randall J Hogan, Trian Fund Management, LP 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 Mountain Pacific Investment Advisers Inc. ID, Envestnet Asset Management Inc., and Jacobs & Co. CA. Company insiders that have sold nVent Electric company stock in the last year include Randall J Hogan, and William T Monahan. View insider buying and selling activity for nVent Electric.

NVT stock was purchased by a variety of institutional investors in the last quarter, including Ellevest Inc., and Louisiana State Employees Retirement System. Company insiders that have bought nVent Electric stock in the last two years include Beth Wozniak, and Michael L Ducker. View insider buying and selling activity for nVent Electric.

Shares of NVT 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.

One share of NVT stock can currently be purchased for approximately $19.32.

nVent Electric has a market capitalization of $3.28 billion and generates $2.20 billion in revenue each year. The company earns $222.70 million in net income (profit) each year or $1.78 on an earnings per share basis. nVent Electric employs 9,500 workers across the globe.

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

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 44-20-3966-0279 or via email at [email protected]