nVent Electric plc (NVT)
| Market Cap | 11.82B |
| Revenue (ttm) | 3.26B |
| Net Income (ttm) | 567.10M |
| Shares Out | 165.07M |
| EPS (ttm) | 3.37 |
| PE Ratio | 21.26 |
| Forward PE | 21.81 |
| Dividend | $0.76 (1.06%) |
| Ex-Dividend Date | Apr 25, 2024 |
| Volume | 1,868,797 |
| Open | 71.37 |
| Previous Close | 71.54 |
| Day's Range | 71.06 - 72.42 |
| 52-Week Range | 40.19 - 78.98 |
| Beta | 1.34 |
| Analysts | Strong Buy |
| Price Target | 81.60 (+13.92%) |
| Earnings Date | Apr 30, 2024 |
About NVT
nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to protect electronics and data in mission critical applications, including data solutions. This segment also offers digital and automation solutions... [Read more]
Financial Performance
In 2023, nVent Electric's revenue was $3.26 billion, an increase of 12.19% compared to the previous year's $2.91 billion. Earnings were $567.10 million, an increase of 41.85%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for NVT stock is "Strong Buy." The 12-month stock price forecast is $81.6, which is an increase of 13.92% from the latest price.
News
nVent Electric plc to Release First Quarter 2024 Financial Results and Host Earnings Conference Call on Friday, May 3
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report first quarter 2024 financial results on Friday, May 3,...
nVent's New 2023 Sustainability Report Details Meaningful Progress Across its Focus Areas of People, Products, Planet and Governance
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the release of its 2023 Sustainability Report. The ...
nVent Opens New Life Cycle Services Center in Pasadena, Texas
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the opening of its nVent TRACER Life Cycle Services...
nVent Named One of the World's Most Ethical Companies®
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it has been recognized as one of the World's Most E...
nVent Announces Quarterly Cash Dividend
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) announced today that it will pay a regular quarterly cash dividend of US$0.19 per ordinary share on May 10, 2024, to shareholders of record at t...
nVent Electric plc Announces Upcoming Investor Events
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the following investor events: Citi's 2024 Global I...
nVent Electric plc Fourth Quarter and Full-Year 2023 Financial Results Available on Company's Website
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported fourth quarter and full-year 2023 financial results today ...
nVent Electric plc Announces Change to Time of Earnings Conference Call on Tuesday, February 6
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report fourth quarter and full-year 2023 financial results on ...
nVent Electric plc to Release Fourth Quarter and Full Year 2023 Financial Results and Host Earnings Conference Call on Tuesday, February 6
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report fourth quarter and full year 2023 financial results on...
nVent Earns EcoVadis Gold Sustainability Rating
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it was awarded a gold sustainability rating fr...
nVent Welcomes Martha Claire Bennett as Chief Marketing Officer
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced Martha Claire Bennett has joined the organization a...
nVent-Hyperview Collaboration Expands Power Distribution Unit Monitoring and Control
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced a collaboration with Hyperview, a leading cloud-bas...
nVent Expanding Operations to Support Data Centers Growth in Liquid Cooling
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it will open a new distribution center in Dayton, M...
NVent Electric raises quarterly dividend by 9% to 19 cents a share
NVent Electric Plc NVT, +2.02% said Tuesday its board has agreed to hike its quarterly cash dividend by 9% to 19 cents a share. The new dividend is payable Feb. 2, 2024 to shareholders of record as of...
nVent Increases Quarterly Dividend by 9%
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) announced today that its Board of Directors declared a regular quarterly cash dividend of US$0.19 per ordinary share for the first quarter of 20...
Data Center Growth Is Robust. 4 Stocks That Benefit.
Electrical hardware and software giant Schneider Electric is expanding its partnership with Compass Datacenters.
nVent Electric plc to Participate in the Baird 2023 Global Industrial Conference
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced its participation in the Baird 2023 Global Industri...
nVent Announces Third Quarter 2023 Financial Results
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced financial results for the third quarter of 2023 and...
nVent Named to Newsweek's America's Greenest Companies 2024
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it was recognized in the inaugural ranking of ...
nVent Electric plc to Release Third Quarter 2023 Financial Results and Host Earnings Conference Call on Friday, October 27
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report third quarter 2023 financial results on Friday, Octobe...
nVent Electric plc to Participate in the Morgan Stanley 11th Annual Laguna Conference
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced its participation in the Morgan Stanley 11th Annual...
nVent Electric plc Second Quarter 2023 Financial Results Available on Company's Website
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported second quarter 2023 financial results today through an ear...
nVent Electric plc to Release Second Quarter 2023 Financial Results and Host Earnings Conference Call on Friday, July 28
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report second quarter 2023 financial results on Friday, July ...
nVent Acquires TEXA Industries
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it has acquired TEXA Industries, which will operat...
nVent's Latest ESG Report Highlights 2022 Progress
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the release of its 2022 Environmental, Social and G...