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INNOVATE Corp. VATE

Set alert

Price alert · VATE

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5.51 USD -0.29 -5.00%

At close · Oct 30

5.59 +0.08 +1.53%

After hours · Oct 30, 5:08 PM ET

Bid
5.43 × 300
Ask
5.55 × 200
5.46 Day range 5.89
3.98 52-week range 20.06
YTD
+21.90%
1 year
+4.36%
Open
5.57
Prev close
5.80
Mkt cap
75.17M
Vol
132.47K
Avg vol
373.30K
EPS
-1.79
P/E
0.00
Div yield
0.00%
More statistics
Low
5.46
High
5.89
Forward P/E
0.00
Beta
2.07
Short ratio
4.88
Inst. own
18.42%
Dividend
0.00
Ex-div date
Aug 27, 2013
50-d avg
5.48
200-d avg
5.70
1y target
0.00

2Y chart

Chart tools
Interval

Events in this range
  • Nov 6, 2024Earnings: -1.18; estimate 0; surprise —%
  • Apr 13, 2026Dividend: 0.78
Signals (86)
NameDateAgo
MACD: Sell SignalOct 30, 20261 day ago
MACD: Buy SignalOct 29, 20262 days ago
RSI: OversoldOct 21, 20261 week ago
RSI: OversoldOct 14, 20262 weeks ago
MACD: Sell SignalOct 7, 20263 weeks ago
SMA: BearishSep 23, 20261 month ago
SMA: BullishSep 18, 20261 month ago
SMA: BearishAug 10, 20262 months ago
SMA: BullishAug 7, 20262 months ago
RSI: OversoldAug 6, 20262 months ago
MACD: Buy SignalJul 31, 20263 months ago
SMA: BearishJul 28, 20263 months ago
SMA: BullishJul 23, 20263 months ago
SMA: BearishJul 22, 20263 months ago
RSI: OversoldJul 9, 20263 months ago
SMA: BearishJul 2, 20264 months ago
MACD: Sell SignalJun 23, 20264 months ago
MACD: Buy SignalJun 18, 20264 months ago
RSI: OverboughtJun 18, 20264 months ago
MACD: Sell SignalJun 12, 20264 months ago
RSI: OverboughtJun 3, 20265 months ago
MACD: Buy SignalMay 26, 20265 months ago
RSI: OverboughtMay 26, 20265 months ago
RSI: OverboughtMay 4, 20266 months ago
MACD: Sell SignalMay 1, 20266 months ago
RSI: OverboughtApr 1, 20267 months ago
SMA: BullishMar 30, 20267 months ago
SMA: BullishMar 30, 20267 months ago
MACD: Buy SignalMar 27, 20267 months ago
RSI: OversoldMar 20, 20267 months ago
RSI: OversoldMar 18, 20267 months ago
RSI: OversoldMar 12, 20267 months ago
SMA: BearishMar 2, 20268 months ago
SMA: BearishMar 2, 20268 months ago
SMA: BullishFeb 26, 20268 months ago
SMA: BullishFeb 26, 20268 months ago
SMA: BearishFeb 12, 20268 months ago
SMA: BearishFeb 12, 20268 months ago
SMA: BearishFeb 6, 20268 months ago
MACD: Sell SignalFeb 5, 20268 months ago
SMA: BullishJan 15, 20269 months ago
SMA: BullishJan 12, 20269 months ago
SMA: BearishJan 9, 20269 months ago
SMA: BullishJan 2, 202610 months ago
MACD: Buy SignalJan 2, 202610 months ago
MACD: Sell SignalDec 31, 202510 months ago
SMA: BearishDec 26, 202510 months ago
SMA: BullishDec 24, 202510 months ago
SMA: BearishDec 22, 202510 months ago
SMA: BullishDec 18, 202510 months ago
MACD: Buy SignalDec 18, 202510 months ago
SMA: BearishDec 1, 202511 months ago
SMA: BullishNov 18, 202511 months ago
SMA: BearishNov 17, 202511 months ago
MACD: Sell SignalNov 14, 202511 months ago
SMA: BullishOct 21, 20251 year ago
MACD: Buy SignalOct 14, 20251 year ago
MACD: Sell SignalSep 10, 20251 year ago
SMA: BearishSep 8, 20251 year ago
SMA: BullishAug 27, 20251 year ago
MACD: Buy SignalAug 25, 20251 year ago
SMA: BearishAug 7, 20251 year ago
MACD: Sell SignalAug 7, 20251 year ago
SMA: BullishAug 5, 20251 year ago
MACD: Buy SignalAug 5, 20251 year ago
MACD: Sell SignalAug 4, 20251 year ago
SMA: BearishAug 1, 20251 year ago
SMA: BullishJul 23, 20251 year ago
MACD: Buy SignalJun 27, 20251 year ago
MACD: Sell SignalJun 2, 20251 year ago
SMA: BearishMay 28, 20251 year ago
SMA: BullishMay 27, 20251 year ago
SMA: BearishMay 23, 20251 year ago
SMA: BullishMay 22, 20251 year ago
MACD: Buy SignalMay 22, 20251 year ago
MACD: Sell SignalMay 19, 20251 year ago
MACD: Buy SignalApr 22, 20251 year ago
RSI: OversoldApr 3, 20251 year ago
MACD: Sell SignalApr 1, 20251 year ago
MACD: Buy SignalMar 20, 20251 year ago
SMA: BearishMar 3, 20251 year ago
MACD: Sell SignalFeb 14, 20251 year ago
RSI: OverboughtFeb 10, 20251 year ago
SMA: BullishJan 21, 20251 year ago
MACD: Buy SignalJan 21, 20251 year ago
RSI: OverboughtJan 21, 20251 year ago

Key statistics

Market cap
69.22M
Enterprise value
804.12M
Trailing P/E
0.00
Forward P/E
0.00
PEG ratio
0.00
Price / sales
0.06
Price / book
0.00
EPS (TTM)
-3.08
Beta
2.07
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-2.22%
Revenue (TTM)
1.23B
Revenue growth
-35.50%
Free cash flow
45.76M
Total cash
51.00M
Total debt
747.70M
Return on equity
0.00%
Shares outstanding
13.26M
Short % of float
5.21%
50-day average
5.48
200-day average
5.70

Analyst view

Consensus: none

Price target (mean) 0.00

Next earnings

Consensus EPS estimate 0.00.

Earnings history

Financials — quick view

All financials
VATE Revenue — quarterly 421.60M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
VATE Net income — quarterly 10.70M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
VATE EPS — quarterly 0.74
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

VATE recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 6, 2024Sep 1, 20240.00-1.18——
Aug 7, 2024Jun 1, 20240.001.00——
May 7, 2024Mar 1, 20240.00-2.20——
Mar 4, 2024Dec 1, 20230.00-1.20——
Nov 9, 2023Sep 1, 20230.00-0.90——
Aug 9, 2023Jun 1, 20230.00-1.30——

About INNOVATE Corp.

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.

Sector
Industrials
Industry
Engineering & Construction
Country
United States

News

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Insider holders

VATE insider holders
InsiderRelationLatest transactionDateShares held
BARR WAYNE R JRChief Executive OfficerPurchaseMay 22, 2023436,660
FERRARO JOSEPH ANTHONYOfficerSaleMar 15, 2022343,306
GFELLER WARREN HDirectorStock Award(Grant)Jun 17, 2024513,389
GLAZER AVRAM ADirector and Beneficial Owner of more than 10% of a Class of SecurityStock Award(Grant)Jun 17, 202467,593,700
GOLDSTEIN BRIAN STEVENDirectorStock Award(Grant)Jun 17, 2024326,194
HERBST SUZI RAFTERYChief Operating OfficerStock Award(Grant)Mar 14, 2023285,534

Institution ownership

VATE institution ownership
Holder% heldSharesValueReported
Jefferies Financial Group Inc.5.28%700,8023.66MSep 29, 2024
Gendell, Jeffrey L.3.07%406,8832.12MSep 29, 2024
Whitefort Capital Management, LP2.41%320,1311.67MSep 29, 2024
Vanguard Group Inc1.94%257,6201.34MSep 29, 2024
Stonehill Capital Management LLC1.10%146,307763.72KSep 29, 2024
Geode Capital Management, LLC0.92%121,712635.34KSep 29, 2024

Fund ownership

VATE fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund1.22%161,864844.93KSep 29, 2024
Vanguard Extended Market Index Fund0.67%89,139465.31KSep 29, 2024
Fidelity Extended Market Index Fund0.52%68,543357.79KOct 30, 2024
Fidelity Total Market Index Fund0.18%23,687123.65KOct 30, 2024
Bridgeway Funds Inc-Ultra Small Company Market Fund0.15%20,000104.40KSep 29, 2024
Gabelli Small Cap Growth Fund0.14%19,00099.18KSep 29, 2024
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