S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
NYSE:GNRC

Generac (GNRC) Stock Price, News & Analysis

$133.48
+3.23 (+2.48%)
(As of 04/18/2024 ET)
Today's Range
$128.46
$135.26
50-Day Range
$110.09
$140.23
52-Week Range
$79.86
$156.95
Volume
1.65 million shs
Average Volume
1.03 million shs
Market Capitalization
$8.04 billion
P/E Ratio
40.57
Dividend Yield
N/A
Price Target
$140.80

Generac MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
5.5% Upside
$140.80 Price Target
Short Interest
Healthy
5.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.45
Upright™ Environmental Score
News Sentiment
1.11mentions of Generac in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$1.21 M Sold Last Quarter
Proj. Earnings Growth
28.41%
From $6.30 to $8.09 Per Share

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.

4.25 out of 5 stars

Computer And Technology Sector

126th out of 590 stocks

Motors & Generators Industry

2nd out of 5 stocks

GNRC stock logo

About Generac Stock (NYSE:GNRC)

Generac Holdings Inc. is a Fortune 1000 American manufacturer of power generation and energy storage solutions ranging from 800 watts to 9 megawatts for residential, light commercial and industrial markets. Robert Kern founded Generac Holdings in 1959, headquartered in Waukesha, Wisconsin.

Generac began producing portable generators in the 1970s for the Craftsman brand for Sears Roebuck and Co. Generac expanded its offerings during the 1970s to include the portable and recreational vehicle markets. Generac entered the commercial and industrial markets in the 1980s with its backup power generation systems. Generac introduced the first gaseous-fueled, automatically engaging home standby system for residential usage in 1989.

Generac has made several acquisitions, including Ottomotores, Tower Light, Pramac, Motortech, Selmec, Deep Sea and Off Grid Energy. Generac's domestic segment includes the legacy Generac business, and these acquisitions are based in the United States and Canada. The company's international segment consists of Generac's Latin American export operations. 

Generac designs and manufactures portable, stationary and mobile generators that produce between 800 watts and 3,250 kilowatts from a single-engine output. Generac also offers industrial-grade mobile energy storage systems, batteries, electronic controls, engines, alternators, steel enclosures, and more. 

In 2006, CCMP Capital of New York purchased Generac. In 2008, Aaron Jagdfeld was appointed president and chief executive officer. Generac Holdings Inc. began trading on the New York Stock Exchange under the ticker symbol GNRC on February 11, 2010. The initial public offering provided Generac with $224 million in proceeds. 

Over the years, Generac has earned several honors and awards. It has received the Milwaukee Magazine's "Best Places to Work" award in southeastern Wisconsin. In 2010, Generac's industrial sizing application, Power Design Pro, received a "product of the year" award from Plant Engineering. Generac's Guardian Series home standby generator system has earned the Good Housekeeping Seal of Approval. Generac was honored with the Natural Gas Generator Company of the Year Award from Frost & Sullivan in 2014 for its natural gas generator. 

Generac manufactures diesel-fueled, gasoline-fueled and bi-fuel power generation equipment. Generac also produces modular paralleling systems, automatic transfer switches and small engines for use in various other types of equipment. Generac introduced Generac Industrial Power in 2009, which included new enclosures, new engines and ergonomic and aesthetic changes to current systems. In 2009, Generac partnered with Fiat Powertrain Technologies to supply Generac with industrial diesel engines used in industrial generators and industrial power systems. 

Generac's products are available through independent dealers, retailers and wholesalers. Generac Holdings Inc. is committed to innovation and quality and provides power generation and energy storage solutions for residential, light commercial and industrial markets. The company also sells aftermarket service parts and product accessories to dealers. It distributes its products through industrial distributors and dealers, independent residential dealers, e-commerce partners and national and regional retailers.


GNRC Stock Price History

GNRC Stock News Headlines

He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
GNRC Apr 2024 130.000 call
GNRC Apr 2024 111.000 put
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Beyond The Numbers: 4 Analysts Discuss Generac Hldgs Stock
GNRC Apr 2024 110.000 call
GNRC Apr 2024 119.000 put
GNRC Apr 2024 120.000 call
GNRC Apr 2024 155.000 call
Generac Holdings Inc.: Recovery in residential market
GNRC Mar 2024 116.000 put
GNRC Mar 2024 108.000 call
GNRC Mar 2024 122.000 call
GNRC Mar 2024 110.000 put
See More Headlines
Receive GNRC Stock News and Ratings via Email

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

Company Calendar

Last Earnings
2/14/2024
Today
4/19/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motors & generators
Sub-Industry
Electrical Components & Equipment
CUSIP
36873610
Employees
8,600
Year Founded
1959

Price Target and Rating

Average Stock Price Target
$140.80
High Stock Price Target
$178.00
Low Stock Price Target
$78.00
Potential Upside/Downside
+5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
23 Analysts

Profitability

Net Income
$203.09 million
Pretax Margin
7.22%

Debt

Sales & Book Value

Annual Sales
$4.02 billion
Cash Flow
$8.51 per share
Book Value
$38.14 per share

Miscellaneous

Free Float
58,581,000
Market Cap
$8.04 billion
Optionable
Optionable
Beta
1.45

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

GNRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Generac stock right now?

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Generac in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GNRC shares.
View GNRC analyst ratings
or view top-rated stocks.

What is Generac's stock price target for 2024?

23 Wall Street analysts have issued 1-year price targets for Generac's stock. Their GNRC share price targets range from $78.00 to $178.00. On average, they expect the company's stock price to reach $140.80 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for GNRC
or view top-rated stocks among Wall Street analysts.

How have GNRC shares performed in 2024?

Generac's stock was trading at $129.24 at the start of the year. Since then, GNRC stock has increased by 3.3% and is now trading at $133.48.
View the best growth stocks for 2024 here
.

Are investors shorting Generac?

Generac saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 3,480,000 shares, a decrease of 6.5% from the March 15th total of 3,720,000 shares. Based on an average trading volume of 1,040,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 5.9% of the company's stock are short sold.
View Generac's Short Interest
.

When is Generac's next earnings date?

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

How can I listen to Generac's earnings call?

Generac will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Generac's earnings last quarter?

Generac Holdings Inc. (NYSE:GNRC) released its quarterly earnings results on Wednesday, February, 14th. The technology company reported $2.07 earnings per share for the quarter, missing analysts' consensus estimates of $2.09 by $0.02. The technology company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.09 billion. Generac had a net margin of 5.33% and a trailing twelve-month return on equity of 14.15%. The business's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period last year, the business earned $1.78 EPS.
Read the conference call transcript
.

What guidance has Generac issued on next quarter's earnings?

Generac issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.1 billion-$4.3 billion, compared to the consensus revenue estimate of $4.4 billion.

What is Aaron Jagdfeld's approval rating as Generac's CEO?

214 employees have rated Generac Chief Executive Officer Aaron Jagdfeld on Glassdoor.com. Aaron Jagdfeld has an approval rating of 60% among the company's employees. This puts Aaron Jagdfeld in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Generac own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Generac investors own include NVIDIA (NVDA), PayPal (PYPL), Tesla (TSLA), Visa (V), Advanced Micro Devices (AMD), Alibaba Group (BABA), Salesforce (CRM), Cisco Systems (CSCO), DocuSign (DOCU) and Adobe (ADBE).

Who are Generac's major shareholders?

Generac's stock is owned by many different institutional and retail investors. Top institutional shareholders include Atwood & Palmer Inc. (0.24%), Mountain Pacific Investment Advisers Inc. ID (0.19%), Annex Advisory Services LLC (0.10%), Galibier Capital Management Ltd. (0.09%), Thompson Investment Management Inc. (0.08%) and Asio Capital LLC (0.03%). Insiders that own company stock include Aaron Jagdfeld, Erik Wilde, Patrick John Forsythe, Rajendra Kumar Kanuru, Robert D Dixon, Russell S Minick and York A Ragen.
View institutional ownership trends
.

How do I buy shares of Generac?

Shares of GNRC 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.

Does Generac have any subsidiaries?
The following companies are subsidiares of Generac: CHP Holdings Inc., Captiva Energy Solutions Private Limited, Country Home Products Inc., ENBALA Power Networks, GPR Brasil Equipamentos Ltda, Generac Acquisition Corp., Generac Colombia S.A.S., Generac Global UK Limited, Generac Holdings Italy S.r.l., Generac Holdings UK Ltd, Generac Mexico S.A. de C.V., Generac Mobile Products LLC, Generac Mobile Products S.r.l, Generac Mobile Products UK Ltd., Generac Power Systems Inc., Generac do Brasil Ltda, MAC Holdings LLC, MAC Inc., Motortech Americas LLC, Motortech GmbH, Motortech Polska Sp. Z.o.o., Motortech Shanghai Co. Ltd., Neurio Technology ULC, Operadora Selmec S.A. de C.V., Ottomotores Nominees Ltd., Ottomotores S.A de C.V., PR Australia PTY Ltd, PR Industrial S.r.l., PR Middle East Fze, PR-NA Industries Inc., Pika Energy Inc., Powermate LLC, Pramac Asia PTE Ltd, Pramac Caribe Srl, Pramac Europe SAS, Pramac Fu Lee Foshan Power Equipment Ltd, Pramac GmbH, Pramac Iberica S.A.U., Pramac RUS Ltd, Pramac Racing Limited, Pramac Sp. Z.o.o., Pramac UK Limited, Route 22A & 1 Main LLC, SC Pramac Generators S.r.l., Selmec Equipos Industriales S.A. de C.V., Selmec Industrial Equipment, Services & Gestion France Sarl, Servicios Administrativos Selmec S.A. de C.V., Suzhou Generac Power Systems Co. Ltd, Tower Light, and Warehouse Development Group LLC.
Read More
This page (NYSE:GNRC) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners