Gentex (NASDAQ:GNTX) Shares Gap Up on Strong Earnings

Gentex Corporation (NASDAQ:GNTXGet Free Report) gapped up before the market opened on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $23.03, but opened at $24.43. Gentex shares last traded at $23.7280, with a volume of 372,557 shares traded.

The auto parts company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.04. Gentex had a return on equity of 16.05% and a net margin of 15.19%.The business had revenue of $675.44 million for the quarter, compared to analyst estimates of $649.42 million. During the same period last year, the company earned $0.42 EPS. The firm’s revenue was up 17.1% on a year-over-year basis.

Gentex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.0%. Gentex’s dividend payout ratio is 27.59%.

Key Gentex News

Here are the key news stories impacting Gentex this week:

  • Positive Sentiment: Q1 beat and strong top-line: Gentex reported $0.48 EPS vs. ~$0.44 consensus and revenue of $675.4M (vs. ~$649.4M est.), a 17% year-over-year sales increase. Management cited revenue contributions from the VOXX-related business and demand for advanced features, which helped overcome some tariff pressures. GNTX Beats on Q1 Earnings, Raises 2026 Revenue Outlook
  • Positive Sentiment: Raised full-year sales outlook: Management updated its full-year revenue expectations (company commentary and analyst write-ups highlight an upward revision to 2026 sales guidance), supporting a more constructive near-term revenue outlook. What’s Going On With Gentex Stock Friday?
  • Neutral Sentiment: Earnings-call detail: The full Q1 2026 earnings call transcript is available for investors who want management commentary on margin dynamics, product mix, and supply-chain/tariff impacts—useful for assessing sustainability of growth. Gentex Corporation (GNTX) Q1 2026 Earnings Call Transcript
  • Neutral Sentiment: Key-metrics review: Analyst pieces compare Gentex’s margin, ROE and other metrics to estimates and prior-year results—helpful context but not a catalyst by itself. Compared to Estimates, Gentex (GNTX) Q1 Earnings: A Look at Key Metrics
  • Neutral Sentiment: Guidance details: Company materials and filings show FY2026 revenue guidance in the roughly $2.7B–$2.8B range and FY2027 revenue near $2.8B–$2.9B, while reported EPS guidance details were not clearly published in the summaries—investors should check the full release for model assumptions. Company Press Release
  • Neutral Sentiment: Market previews and analysis: Coverage ahead of earnings discussed Gentex’s diversification beyond mirrors and whether that will sustain growth—useful background but not an immediate price driver. Gentex earnings up next: Can mirror maker prove diversification pays?
  • Negative Sentiment: Analyst action trims upside: JPMorgan lowered its price target from $28 to $27 and kept a neutral rating, which reduces near-term analyst-driven upside even after the beat. Analyst Price Target Update

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on GNTX shares. Weiss Ratings restated a “hold (c)” rating on shares of Gentex in a report on Thursday, January 22nd. JPMorgan Chase & Co. cut their target price on shares of Gentex from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Thursday. UBS Group reissued a “neutral” rating and set a $24.00 price target (down from $25.00) on shares of Gentex in a research report on Tuesday, April 14th. B. Riley Financial decreased their price target on shares of Gentex from $32.00 to $28.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Finally, Robert W. Baird set a $26.00 price objective on shares of Gentex in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $26.17.

Check Out Our Latest Stock Report on GNTX

Insider Activity at Gentex

In other Gentex news, CTO Neil Boehm sold 11,248 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $24.82, for a total transaction of $279,175.36. Following the sale, the chief technology officer directly owned 58,951 shares in the company, valued at approximately $1,463,163.82. This trade represents a 16.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kevin C. Nash sold 11,885 shares of Gentex stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $24.98, for a total transaction of $296,887.30. Following the completion of the transaction, the chief financial officer directly owned 59,430 shares in the company, valued at approximately $1,484,561.40. The trade was a 16.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 58,133 shares of company stock worth $1,442,313. 0.45% of the stock is owned by company insiders.

Institutional Investors Weigh In On Gentex

Large investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. bought a new stake in Gentex in the 3rd quarter valued at $38,000. AdvisorNet Financial Inc boosted its stake in Gentex by 2,299.0% in the 1st quarter. AdvisorNet Financial Inc now owns 2,399 shares of the auto parts company’s stock worth $52,000 after purchasing an additional 2,299 shares during the period. Arax Advisory Partners bought a new position in Gentex during the 4th quarter worth about $52,000. Employees Retirement System of Texas acquired a new stake in shares of Gentex in the 4th quarter valued at about $56,000. Finally, Clearstead Advisors LLC raised its stake in shares of Gentex by 82.3% in the 3rd quarter. Clearstead Advisors LLC now owns 2,042 shares of the auto parts company’s stock valued at $58,000 after purchasing an additional 922 shares during the period. Institutional investors own 86.76% of the company’s stock.

Gentex Stock Up 3.7%

The company has a market capitalization of $5.10 billion, a P/E ratio of 13.72 and a beta of 0.77. The business has a fifty day moving average price of $22.34 and a 200 day moving average price of $23.36.

Gentex Company Profile

(Get Free Report)

Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).

Featured Stories

Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.