NYSE:VATE

INNOVATE (VATE) Stock Forecast, Price & News

$1.65

+0.07 (+4.43%)

(As of 04:26 PM ET)

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Today's Range: $1.58
▼
$1.67
50-Day Range: $1.47
▼
$1.81
52-Week Range: $0.64
▼
$3.53

Volume: 117,224 shs
Average Volume: 360,944 shs
Market Capitalization: $130.75 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About INNOVATE (NYSE:VATE) Stock

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States; and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

VATE Price History

30 days | 90 days | 365 days | Advanced Chart

VATE Stock News Headlines

September 27, 2023 | finance.yahoo.com

Pathios Therapeutics Awarded Innovate UK Grant to Evaluate First-in-Class Immunotherapy Approach in Models of Malignant Brain Cancer

September 26, 2023 | finance.yahoo.com

Innovate BC Awards $1.365M to B.C. R&D Projects Solving Real-World Challenges

September 27, 2023 | Stansberry Research (Ad)

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September 26, 2023 | msn.com

The City of Newport and BMC, the developer who's proposal was accepted to renovate Coggeshall School will hold a public meeting on Thursday October 5 at 6:00pm at Innovate ...

September 26, 2023 | finance.yahoo.com

Innovate Globally, Design Locally - Audere Establishes Audere Africa

September 25, 2023 | msn.com

EDB works with Johnson & Johnson to innovate SG’s life sciences

September 21, 2023 | news.yahoo.com

Albion Area Philanthropic Women awards $10K to tech education nonprofit INNOVATE Albion

September 19, 2023 | americanbankingnews.com

Critical Survey: INNOVATE (NYSE:VATE) and WSP Global (OTCMKTS:WSPOF)

September 27, 2023 | Stansberry Research (Ad)

The gold catalyst we've waited for

September 13, 2023 | finance.yahoo.com

ThirtyFiveBio Awarded Innovate UK Biomedical Catalyst Grant to Advance GPR35 Inhibitor Program for Treatment of Gastrointestinal Disease and Cancers

September 13, 2023 | finance.yahoo.com

Acquisitions and Customization: Leading Brands like P&G and Wella Innovate to Cater to Evolving Consumer Needs in Premium Hair Care

September 12, 2023 | uk.style.yahoo.com

Northern Ireland clean tech pioneer wins Innovate UK funding to power energy transition, creating up to 100 new skilled jobs

September 12, 2023 | finance.yahoo.com

Protein Industries Canada and Innovate UK Announce Joint Call for Plant-Based Food and Ingredient R&D Projects

September 12, 2023 | msn.com

Google’s Attorney Says It Can’t Be Blamed For Microsoft’s Failure To Innovate In Search, Says DOJ’s Antitrust Lawsuit Is Trying To Force “People To Use Inferior ...

September 12, 2023 | finance.yahoo.com

Labelbox introduces Large Language Model (LLM) solution to help enterprises innovate with generative AI, expands partnership with Google Cloud

September 10, 2023 | msn.com

NIK SIMON: South Africa continue to innovate with Erasmus and Nienaber

September 10, 2023 | forbes.com

Decentralizing Regulation Will Help Crypto Innovate

September 6, 2023 | msn.com

Hong Kong retail sector must innovate to survive

September 6, 2023 | msn.com

Innovate UK launches data-driven sustainability initiative

September 6, 2023 | msn.com

A Google VP says the top trait she looks for when hiring people is a 'growth mindset' because they are willing to innovate

September 6, 2023 | finance.yahoo.com

MMA Innovate Vietnam 2023: MMA Global's Marketing and Technology Exhibition and Conference - Unfolding for the First Time

September 6, 2023 | thetimes.co.uk

How eating all the elephants forced Stone Age humans to innovate

September 5, 2023 | msn.com

Marietta College gets ready for the “BIG” (Build, Innovate, and Grow) Workshop

August 31, 2023 | onmsft.com

Meta continues to innovate Threads, but they want your FB data: Here’s how to opt-out

August 31, 2023 | msn.com

Youth asked to innovate to survive

August 30, 2023 | msn.com

USLT interns innovate document repository webpage for DoST 2

August 30, 2023 | msn.com

Government Needs to Innovate If It Hopes to Address the Housing Crisis [opinion]

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VATE Company Calendar

Last Earnings: 8/09/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fabricated structural metal products
Sub-Industry: N/A
Sector: Multi-Sector Conglomerates
Current Symbol: NYSE:VATE
CUSIP: N/A
CIK: 1006837
Web: hc2.com
Phone: (212) 235-2690
Fax: 703-902-2814
Employees: 3,565
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.44)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-35,900,000.00
Net Margins: -1.98%
Pretax Margin: -2.26%
Return on Equity: N/A
Return on Assets: -2.70%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.86
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $1.64 billion
Price / Sales: 0.08
Cash Flow: $0.13 per share
Price / Cash Flow: 12.68
Book Value: ($1.16) per share
Price / Book: -1.41

Miscellaneous

Outstanding Shares: 79,240,000
Free Float: 53,642,000
Market Cap: $129.56 million
Optionable: Optionable
Beta: 2.30

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Key Executives

Mr. Michael J. Sena (Age 50)
Chief Financial Officer
Comp: $1.03M

Ms. Suzi Raftery Herbst (Age 47)
COO & Corp. Sec.
Comp: $1.03M

Mr. Paul Kenneth Voigt (Age 64)
Interim Chief Exec. Officer

Anthony Rozmus
Investor Relations Officer

Key Competitors

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Insiders & Institutions

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View All Institutional Transactions

VATE Stock - Frequently Asked Questions

How have VATE shares performed in 2023?: INNOVATE's stock was trading at $1.87 at the beginning of the year. Since then, VATE shares have decreased by 12.6% and is now trading at $1.6350.
View the best growth stocks for 2023 here.
When is INNOVATE's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our VATE earnings forecast.
How were INNOVATE's earnings last quarter?: INNOVATE Corp. (NYSE:VATE) announced its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.13) earnings per share for the quarter. The business earned $368.80 million during the quarter.
What is INNOVATE's stock symbol?: INNOVATE trades on the New York Stock Exchange (NYSE) under the ticker symbol "VATE."

Who are INNOVATE's major shareholders?: INNOVATE's stock is owned by many different retail and institutional investors. Top institutional investors include Gendell Jeffrey L (4.81%), BlackRock Inc. (3.79%), Goldman Sachs Group Inc. (3.50%), ARS Investment Partners LLC (2.38%), Geode Capital Management LLC (1.14%) and State Street Corp (0.81%). Insiders that own company stock include Avram A Glazer, Brian Steven Goldstein, Michael J Sena, Shelly Lombard, Suzi R Herbst and Wayne Barr Jr.
View institutional ownership trends.
How do I buy shares of INNOVATE?: Shares of VATE 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.
What is INNOVATE's stock price today?: One share of VATE stock can currently be purchased for approximately $1.64.
How much money does INNOVATE make?: INNOVATE (NYSE:VATE) has a market capitalization of $129.56 million and generates $1.64 billion in revenue each year. The company earns $-35,900,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis.
How many employees does INNOVATE have?: The company employs 3,565 workers across the globe.
How can I contact INNOVATE?: INNOVATE's mailing address is 450 Park Avenue, New York, New York 10022. The official website for the company is hc2.com. The company can be reached via phone at (212) 235-2690, via email at ir@hc2.com, or via fax at 703-902-2814.

This page (NYSE:VATE) was last updated on 9/27/2023 by MarketBeat.com Staff

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INNOVATE (VATE) Stock Forecast, Price & News

About INNOVATE (NYSE:VATE) Stock

VATE Price History

VATE Stock News Headlines

VATE Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

VATE Stock - Frequently Asked Questions

About MarketBeat

Popular Tools

Financial Calendars

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