50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
QQQ   271.87 (-2.88%)
AAPL   142.48 (-4.91%)
MSFT   237.50 (-1.48%)
META   136.41 (-3.67%)
GOOGL   97.42 (-2.63%)
AMZN   114.80 (-2.72%)
TSLA   268.21 (-6.81%)
NVDA   122.20 (-4.05%)
NIO   15.58 (-10.10%)
BABA   79.06 (-2.38%)
AMD   64.14 (-6.17%)
T   15.53 (-1.90%)
MU   50.01 (-1.94%)
CGC   2.78 (-8.55%)
F   11.47 (-5.83%)
GE   62.73 (-2.68%)
DIS   97.45 (-1.96%)
AMC   7.10 (-7.43%)
PYPL   88.70 (-2.66%)
PFE   44.16 (-0.61%)
NFLX   239.71 (-2.24%)
QQQ   271.87 (-2.88%)
AAPL   142.48 (-4.91%)
MSFT   237.50 (-1.48%)
META   136.41 (-3.67%)
GOOGL   97.42 (-2.63%)
AMZN   114.80 (-2.72%)
TSLA   268.21 (-6.81%)
NVDA   122.20 (-4.05%)
NIO   15.58 (-10.10%)
BABA   79.06 (-2.38%)
AMD   64.14 (-6.17%)
T   15.53 (-1.90%)
MU   50.01 (-1.94%)
CGC   2.78 (-8.55%)
F   11.47 (-5.83%)
GE   62.73 (-2.68%)
DIS   97.45 (-1.96%)
AMC   7.10 (-7.43%)
PYPL   88.70 (-2.66%)
PFE   44.16 (-0.61%)
NFLX   239.71 (-2.24%)
QQQ   271.87 (-2.88%)
AAPL   142.48 (-4.91%)
MSFT   237.50 (-1.48%)
META   136.41 (-3.67%)
GOOGL   97.42 (-2.63%)
AMZN   114.80 (-2.72%)
TSLA   268.21 (-6.81%)
NVDA   122.20 (-4.05%)
NIO   15.58 (-10.10%)
BABA   79.06 (-2.38%)
AMD   64.14 (-6.17%)
T   15.53 (-1.90%)
MU   50.01 (-1.94%)
CGC   2.78 (-8.55%)
F   11.47 (-5.83%)
GE   62.73 (-2.68%)
DIS   97.45 (-1.96%)
AMC   7.10 (-7.43%)
PYPL   88.70 (-2.66%)
PFE   44.16 (-0.61%)
NFLX   239.71 (-2.24%)
QQQ   271.87 (-2.88%)
AAPL   142.48 (-4.91%)
MSFT   237.50 (-1.48%)
META   136.41 (-3.67%)
GOOGL   97.42 (-2.63%)
AMZN   114.80 (-2.72%)
TSLA   268.21 (-6.81%)
NVDA   122.20 (-4.05%)
NIO   15.58 (-10.10%)
BABA   79.06 (-2.38%)
AMD   64.14 (-6.17%)
T   15.53 (-1.90%)
MU   50.01 (-1.94%)
CGC   2.78 (-8.55%)
F   11.47 (-5.83%)
GE   62.73 (-2.68%)
DIS   97.45 (-1.96%)
AMC   7.10 (-7.43%)
PYPL   88.70 (-2.66%)
PFE   44.16 (-0.61%)
NFLX   239.71 (-2.24%)
NYSE:VATE

INNOVATE - VATE Stock Forecast, Price & News

$0.72
-0.07 (-8.81%)
(As of 09/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$0.71
$0.80
50-Day Range
$0.72
$1.80
52-Week Range
$0.71
$4.83
Volume
181,811 shs
Average Volume
270,975 shs
Market Capitalization
$56.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

INNOVATE MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
3.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of INNOVATE in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$14,500 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.22 out of 5 stars

Multi-Sector Conglomerates Sector

18th out of 18 stocks

Fabricated Structural Metal Products Industry

6th out of 6 stocks

VATE stock logo

About INNOVATE (NYSE:VATE) Stock

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in 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. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations 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.

Receive VATE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for INNOVATE and its competitors with MarketBeat's FREE daily newsletter.

VATE Stock News Headlines

Tourism stakeholders urged to innovate
See More Headlines
Receive VATE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for INNOVATE and its competitors with MarketBeat's FREE daily newsletter.

VATE Company Calendar

Last Earnings
8/03/2022
Today
9/29/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Fabricated structural metal products
Sub-Industry
N/A
Employees
3,902
Year Founded
N/A

Profitability

Net Income
$-227,500,000.00
Pretax Margin
-2.65%

Debt

Sales & Book Value

Annual Sales
$1.21 billion
Book Value
($0.72) per share

Miscellaneous

Free Float
46,280,000
Market Cap
$56.86 million
Optionable
Optionable
Beta
2.01

Key Executives

  • Mr. Wayne Barr Jr. (Age 58)
    CEO, Pres & Director
    Comp: $1M
  • Mr. Michael J. Sena (Age 49)
    Chief Financial Officer
    Comp: $959.33k
  • Mr. Joseph A. Ferraro J.D. (Age 44)
    Corp. Sec.
    Comp: $891.42k
  • Ms. Suzi Raftery Herbst (Age 46)
    Chief Operating Officer
  • Anthony Rozmus
    Investor Relations Officer













VATE Stock - Frequently Asked Questions

How have VATE shares performed in 2022?

INNOVATE's stock was trading at $3.70 at the start of the year. Since then, VATE shares have decreased by 80.5% and is now trading at $0.72.
View the best growth stocks for 2022 here
.

When is INNOVATE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our VATE earnings forecast
.

How were INNOVATE's earnings last quarter?

INNOVATE Corp. (NYSE:VATE) released its quarterly earnings data on Wednesday, August, 3rd. The company reported ($0.18) earnings per share for the quarter. The business had revenue of $392.20 million for the quarter. INNOVATE had a negative net margin of 15.14% and a negative trailing twelve-month return on equity of 61.21%.

What is INNOVATE's stock symbol?

INNOVATE trades on the New York Stock Exchange (NYSE) under the ticker symbol "VATE."

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 $0.72.

How much money does INNOVATE make?

INNOVATE (NYSE:VATE) has a market capitalization of $56.48 million and generates $1.21 billion in revenue each year. The company earns $-227,500,000.00 in net income (profit) each year or ($3.18) on an earnings per share basis.

How many employees does INNOVATE have?

The company employs 3,902 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 9/29/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.