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. Since then, NVT shares have decreased by 2.6% and is now trading at $18.62. 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 earnings results on Wednesday, April, 29th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by $0.03. The business had revenue of $520.90 million for the quarter, compared to the consensus estimate of $535.91 million. nVent Electric had a return on equity of 11.56% and a net margin of 8.45%. The firm's quarterly revenue was down 3.2% on a year-over-year basis. During the same period last year, the business earned $0.39 earnings per share. View nVent Electric's earnings history.

nVent Electric declared a quarterly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be paid a dividend of $0.175 per share on Friday, August 7th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend is Thursday, July 23rd. View nVent Electric's dividend history.

9 equities research analysts have issued 12 month target prices for nVent Electric's shares. Their forecasts range from $21.00 to $32.00. On average, they expect nVent Electric's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 42.3% from the stock's current price. View analysts' price targets for nVent Electric.

Media headlines about NVT stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. 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 news sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about nVent Electric.

nVent Electric saw a drop in short interest in the month of 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 sold short. View nVent Electric's Current Options Chain.

Some companies that are related to nVent Electric include Symantec (SYMC), Line (LN), Zillow Group (ZG), Nice (NICE), Cloudflare (NET), Seagate Technology (STX), Hewlett Packard Enterprise (HPE), REA Group (REA), Mongodb (MDB), Fair Isaac (FICO), Godaddy (GDDY), Xero (XRO), Waters (WAT), PerkinElmer (PKI) 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 many different institutional and retail investors. Top institutional shareholders 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 acquired 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 $18.62.

nVent Electric has a market capitalization of $3.16 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]