NYSE:VATE

INNOVATE (VATE) Stock Price, News & Analysis

$0.53
-0.03 (-5.33%)
(As of 04/26/2024 ET)
Today's Range
$0.53
$0.57
50-Day Range
$0.53
$0.90
52-Week Range
$0.53
$2.96
Volume
193,841 shs
Average Volume
224,234 shs
Market Capitalization
$42.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

INNOVATE MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
6.94% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.90mentions of INNOVATE in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$8,056 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.08 out of 5 stars

Multi-Sector Conglomerates Sector

18th out of 18 stocks

Fabricated Structural Metal Products Industry

5th out of 5 stocks

VATE stock logo

About INNOVATE Stock (NYSE:VATE)

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 Stock Price History

VATE Stock News Headlines

The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
INNOVATE Corp. Announces Closing of Rights Offering
Exposed: 10 CENT Crypto to Explode April 20th?
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Codefi launches Innovate SOMO Funds
See More Headlines
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Company Calendar

Last Earnings
3/04/2024
Today
4/26/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Fabricated structural metal products
Sub-Industry
N/A
Employees
4,024
Year Founded
N/A

Profitability

Net Income
$-35,200,000.00
Pretax Margin
-2.42%

Debt

Sales & Book Value

Annual Sales
$1.42 billion
Cash Flow
$0.09 per share
Book Value
($1.91) per share

Miscellaneous

Free Float
53,642,000
Market Cap
$42.20 million
Optionable
Optionable
Beta
2.10
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VATE Stock Analysis - Frequently Asked Questions

How have VATE shares performed in 2024?

INNOVATE's stock was trading at $1.23 at the beginning of the year. Since then, VATE stock has decreased by 56.7% and is now trading at $0.5325.
View the best growth stocks for 2024 here
.

When is INNOVATE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our VATE earnings forecast
.

How were INNOVATE's earnings last quarter?

INNOVATE Corp. (NYSE:VATE) posted its quarterly earnings data on Monday, March, 4th. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $361 million for the quarter.

Who are INNOVATE's major shareholders?

INNOVATE's stock is owned by many different institutional and retail investors. Top institutional shareholders include PFG Investments LLC (0.11%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VATE) was last updated on 4/27/2024 by MarketBeat.com Staff

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