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INNOVATE Corp. (VATE)

Industrials | Engineering & Construction | New York, United States | NYSE
11.14 USD +0.45 (4.210%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 19, 2026, 12:31 a.m. EDT

High-yield bubble with deteriorating fundamentals and severe leverage risks.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.181121
AutoETS0.192140
AutoTheta0.192278
MSTL0.194226

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 28%
H-stat 80.02
Ljung-Box p 0.000
Jarque-Bera p 0.019
Excess Kurtosis 0.15
Attribute Value
Sector Industrials
Ex Dividend Date 2026-04-12
Last Dividend Date 2020-05-13
Revenue per Share 94.268
Market Cap 152,117,408
Beta 1.54
Profit Margins -4.86%
Previous Name HC2 Holdings, Inc.
Website https://innovatecorp.com

Dividend Data

Dividend History
Date Dividend Yield %
2020-05-14 38.9 162.083333
2013-08-28 85.0 -741.350375
2012-12-19 5.0 -51.858763
2012-11-23 25.0 -248.350513
2012-06-28 10.0 -91.384524
Additional Data
dividendRate 0.78
dividendYield 9.62
exDividendDate 2026-04-13
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 38.9
lastDividendDate 2020-05-14
dividendDate 2026-04-28

Info Dump

Attribute Value
52 Week Change 0.87858343
Address1 295 Madison Avenue
Address2 12th Floor
All Time High 178.9
All Time Low 3.25
Ask 0.0
Ask Size 200
Average Daily Volume10 Day 52,670
Average Daily Volume3 Month 28,411
Average Volume 28,411
Average Volume10Days 52,670
Beta 1.536
Bid 0.0
Bid Size 600
Book Value -17.583
City New York
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.14
Current Ratio 0.437
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.14
Day Low 10.67
Dividend Date 1,777,334,400
Dividend Rate 0.78
Dividend Yield 9.62
Earnings Call Timestamp End 1,774,557,000
Earnings Call Timestamp Start 1,774,557,000
Earnings Timestamp 1,774,555,200
Earnings Timestamp End 1,778,097,600
Earnings Timestamp Start 1,778,097,600
Ebitda 59,100,000
Ebitda Margins 0.04743
Enterprise To Ebitda 13.235
Enterprise To Revenue 0.628
Enterprise Value 782,206,720
Eps Trailing Twelve Months -4.84
Esg Populated 0
Ex Dividend Date 1,776,038,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.9004
Fifty Day Average Change 5.2396
Fifty Day Average Change Percent 0.8880076
Fifty Two Week Change Percent 87.858345
Fifty Two Week High 11.14
Fifty Two Week High Change 0.0
Fifty Two Week High Change Percent 0.0
Fifty Two Week Low 3.75
Fifty Two Week Low Change 7.3900003
Fifty Two Week Low Change Percent 1.9706668
Fifty Two Week Range 3.75 - 11.14
Financial Currency USD
First Trade Date Milliseconds 1,247,491,800,000
Float Shares 4,202,563
Free Cashflow 127,112,496
Full Exchange Name NYSE
Full Time Employees 3,587
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.16027
Gross Profits 199,700,000
Has Pre Post Market Data 1
Held Percent Insiders 0.6
Held Percent Institutions 0.17922
Implied Shares Outstanding 13,655,063
Industry Engineering & Construction
Industry Disp Engineering & Construction
Industry Key engineering-construction
Ir Website http://investors.ptgi.com/phoenix.zhtml?c=67300&p=irol-irhome
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,589,414,400
Last Dividend Value 38.9
Last Fiscal Year End 1,767,139,200
Last Split Date 1,723,161,600
Last Split Factor 1:10
Long Business Summary INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The company operates through the Infrastructure, Life Sciences, and Spectrum segments. 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; 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; and manufacture of pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation. Its 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. 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.
Long Name INNOVATE Corp.
Market us_market
Market Cap 152,117,408
Market State PRE
Max Age 86,400
Message Board Id finmb_33284
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-20
Net Income To Common -64,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 152,006,714
Open 10.6
Operating Cashflow 146,600,000
Operating Margins 0.03737
Payout Ratio 0.0
Phone 212 235 2691
Pre Market Change -0.03999996
Pre Market Change Percent -0.35906607
Pre Market Price 11.1
Pre Market Time 1,776,761,376
Prev Name HC2 Holdings, Inc.
Previous Close 10.69
Price Hint 2
Price To Book -0.6335665
Price To Sales Trailing12 Months 0.122084595
Profit Margins -0.048639998
Quick Ratio 0.408
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.450001
Regular Market Change Percent 4.20955
Regular Market Day High 11.14
Regular Market Day Low 10.67
Regular Market Day Range 10.67 - 11.14
Regular Market Open 10.6
Regular Market Previous Close 10.69
Regular Market Price 11.14
Regular Market Time 1,776,715,203
Regular Market Volume 64,804
Return On Assets 0.01948
Revenue Growth 0.618
Revenue Per Share 94.268
Sand P52 Week Change 0.34445214
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 13,645,127
Shares Percent Shares Out 0.0211
Shares Short 287,776
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 285,702
Short Name INNOVATE Corp.
Short Percent Of Float 0.0454
Short Ratio 12.48
Source Interval 15
State NY
Symbol VATE
Total Cash 112,100,000
Total Cash Per Share 8.215
Total Debt 717,500,032
Total Revenue 1,246,000,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -4.84
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.32735
Two Hundred Day Average Change 5.81265
Two Hundred Day Average Change Percent 1.0910959
Type Disp Equity
Volume 64,804
Website https://innovatecorp.com
Zip 10,017