NASDAQ:NVEC

NVE (NVEC) Stock Price, News & Analysis

$79.00
+0.33 (+0.42%)
(As of 01:53 PM ET)
Today's Range
$78.10
$80.21
50-Day Range
$78.00
$90.18
52-Week Range
$64.14
$100.19
Volume
4,751 shs
Average Volume
23,489 shs
Market Capitalization
$381.57 million
P/E Ratio
17.71
Dividend Yield
5.06%
Price Target
N/A

NVE MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
5.10% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$21,634 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.

0.65 out of 5 stars

Computer And Technology Sector

552nd out of 591 stocks

Semiconductors & Related Devices Industry

83rd out of 88 stocks

NVEC stock logo

About NVE Stock (NASDAQ:NVEC)

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for power conversion and industrial Internet of Things (IIoT) market; and DC-to-DC convertors for use in power conversion systems and industrial networks for the IIoT. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

NVEC Stock Price History

NVEC Stock News Headlines

Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
Chuck Royce Increases Stake in NVE Corp
Chuck Royce Reduces Stake in NVE Corp
NVE Corp's Dividend Analysis
NVEC Stock Earnings: NVE Reported Results for Q3 2024
See More Headlines
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Company Calendar

Last Earnings
1/22/2020
Ex-Dividend for 2/28 Dividend
1/26/2024
Dividend Payable
2/28/2024
Today
4/23/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:NVEC
CUSIP
62944520
Employees
51
Year Founded
1989

Profitability

Net Income
$22.69 million
Pretax Margin
70.98%

Debt

Sales & Book Value

Annual Sales
$38.25 million
Cash Flow
$4.79 per share
Book Value
$13.89 per share

Miscellaneous

Free Float
4,737,000
Market Cap
$379.98 million
Optionable
Not Optionable
Beta
1.19

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NVEC Stock Analysis - Frequently Asked Questions

How have NVEC shares performed in 2024?

NVE's stock was trading at $78.43 at the beginning of the year. Since then, NVEC shares have increased by 0.7% and is now trading at $79.00.
View the best growth stocks for 2024 here
.

When is NVE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our NVEC earnings forecast
.

How were NVE's earnings last quarter?

NVE Co. (NASDAQ:NVEC) announced its earnings results on Wednesday, January, 22nd. The semiconductor company reported $0.77 earnings per share for the quarter. The semiconductor company earned $6.47 million during the quarter. NVE had a trailing twelve-month return on equity of 32.31% and a net margin of 60.66%.
Read the conference call transcript
.

How often does NVE pay dividends? What is the dividend yield for NVE?

NVE announced a quarterly dividend on Wednesday, January 17th. Shareholders of record on Monday, January 29th will be paid a dividend of $1.00 per share on Wednesday, February 28th. This represents a $4.00 annualized dividend and a dividend yield of 5.06%. The ex-dividend date of this dividend is Friday, January 26th.
Read our dividend analysis for NVEC
.

Is NVE a good dividend stock?

NVE (NASDAQ:NVEC) pays an annual dividend of $4.00 per share and currently has a dividend yield of 5.13%. NVEC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 89.69%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NVEC.

What ETFs hold NVE's stock?

ETFs with the largest weight of NVE (NASDAQ:NVEC) stock in their portfolio include Defiance Quantum ETF (QTUM) and Roundhill Acquirers Deep Value ETF (DEEP).SPDR S&P Semiconductor ETF (XSD).

What is Daniel A. Baker's approval rating as NVE's CEO?

6 employees have rated NVE Chief Executive Officer Daniel A. Baker on Glassdoor.com. Daniel A. Baker has an approval rating of 56% among the company's employees. This puts Daniel A. Baker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of NVE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NVE investors own include Gilead Sciences (GILD), AT&T (T), Pfizer (PFE), AbbVie (ABBV), Comtech Telecommunications (CMTL), Cisco Systems (CSCO), Chevron (CVX), Enbridge (ENB), Energy Transfer (ET) and International Business Machines (IBM).

Who are NVE's major shareholders?

NVE's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Silverberg Bernstein Capital Management LLC (0.74%), Bridge City Capital LLC (0.65%), Norden Group LLC (0.31%), Cardinal Capital Management (0.23%) and Allspring Global Investments Holdings LLC (0.09%). Insiders that own company stock include Curt A Reynders, Daniel A Baker, James W Bracke, Patricia M Hollister and Terrence Glarner.
View institutional ownership trends
.

How do I buy shares of NVE?

Shares of NVEC 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 (NASDAQ:NVEC) was last updated on 4/23/2024 by MarketBeat.com Staff

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