INNOVATE (VATE) Stock Price, News & Analysis

Company Overview

INNOVATE Corp. is a diversified holding company focused on operating and developing businesses in infrastructure and life sciences. The company seeks to build long-term value through a portfolio of operating subsidiaries and investments rather than through a single product or industry.

Its infrastructure operations are primarily conducted through DBM Global, a specialty industrial construction and steel fabrication company. DBM Global provides structural steel fabrication, detailing, construction and project-management services for commercial, industrial, infrastructure and other large-scale projects. Its activities serve customers across the United States and select international markets.

INNOVATE’s life sciences activities include R2 Technologies, which develops and commercializes medical-aesthetic technologies and devices for dermatology and related applications. The company was formerly known as HC2 Holdings Inc. and adopted the INNOVATE name in 2021. Its corporate headquarters are in New York, although its operating businesses serve customers in multiple geographic markets.

Key Stats

• Today's Range: $7.26 to $7.78
• 50-Day Range: $6.75 to $12.27
• 52-Week Range: $3.75 to $21.30
• Volume: 105,086 shs
• Average Volume: 101,478 shs
• Market Capitalization: $100.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

INNOVATE Stock Analysis - MarketRank™

INNOVATE scored higher than 6% of companies evaluated by MarketBeat, and ranked 653rd out of 669 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.7 / 5
• Analyst Rating: Sell

Consensus Rating

INNOVATE has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

INNOVATE has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of INNOVATE is -3.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of INNOVATE is -3.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.40% of the float of INNOVATE has been sold short.

Short Interest Ratio / Days to Cover

INNOVATE has a short interest ratio ("days to cover") of 7.09.

Change versus previous month

Short interest in INNOVATE has recently increased by 9.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

INNOVATE does not currently pay a dividend.

Dividend Growth

INNOVATE does not have a long track record of dividend growth.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.99

News Sentiment

INNOVATE has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for INNOVATE this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for VATE on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

MarketBeat Follows

1 people have added INNOVATE to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, INNOVATE insiders have not sold or bought any company stock.

Percentage Held by Insiders

57.70% of the stock of INNOVATE is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

34.28% of the stock of INNOVATE is held by institutions.

Company Calendar

• Last Earnings: 8/06/2026
• Today: 9/29/2026
• Next Earnings (Estimated): 11/12/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Construction & Engineering
• Sub-Industry: Construction & Engineering
• Current Symbol: NYSE:VATE
• CIK: 1006837
• Web: www.innovatecorp.com
• Phone: (954) 663-1147
• Fax: 703-902-2814
• Employees: 3,738
• Year Founded: 1994

Profitability

• EPS (Trailing Twelve Months): ($1.87)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$60.60 million
• Net Margins: -1.48%
• Pretax Margin: -0.97%
• Return on Equity: N/A
• Return on Assets: -2.35%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.44
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $1.25 billion
• Price / Sales: 0.08
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($16.57) per share
• Price / Book: -0.44

Miscellaneous

• Outstanding Shares: 13,640,000
• Free Float: 5,771,000
• Market Cap: $100.53 million
• Optionable: Optionable
• Beta: 2.33