NYSE:VATE

INNOVATE (VATE) Stock Price, News & Analysis

$0.74
-0.01 (-1.33%)
(As of 05/7/2024 ET)
Today's Range
$0.67
$0.75
50-Day Range
$0.53
$0.90
52-Week Range
$0.53
$2.84
Volume
259,607 shs
Average Volume
227,752 shs
Market Capitalization
$59.13 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
0.75mentions of INNOVATE in the last 14 days
Based on 12 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.

0.09 out of 5 stars

Multi-Sector Conglomerates Sector

17th out of 18 stocks

Fabricated Structural Metal Products Industry

6th out of 6 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

Shocking: One AI startup's revenue could surge 4,735%
Shocking: One AI Startup's Revenue Could Surge 4,735% While Nvidia gets all the attention, one small AI startup is quietly positioning itself to be the biggest winner.
City Innovate Changes Name to Authorium
Shocking: One AI startup's revenue could surge 4,735%
Shocking: One AI Startup's Revenue Could Surge 4,735% While Nvidia gets all the attention, one small AI startup is quietly positioning itself to be the biggest winner.
INNOVATE (VATE) Set to Announce Earnings on Tuesday
INNOVATE Corp. Announces Closing of Rights Offering
See More Headlines
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Company Calendar

Last Earnings
3/04/2024
Today
5/07/2024
Next Earnings (Confirmed)
5/07/2024
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
$0.08 per share
Book Value
($1.91) per share

Miscellaneous

Free Float
54,083,000
Market Cap
$59.13 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 start of the year. Since then, VATE stock has decreased by 39.8% and is now trading at $0.7401.
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 Tuesday, May 7th 2024.
View our VATE earnings forecast
.

How were INNOVATE's earnings last quarter?

INNOVATE Corp. (NYSE:VATE) released its earnings results on Monday, March, 4th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $361 million for the quarter.

Who are INNOVATE's major shareholders?

INNOVATE's stock is owned by a number of institutional and retail investors. Top institutional investors 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 5/8/2024 by MarketBeat.com Staff

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