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About
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in 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. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. 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.
The current price of VATE is $6.54 USD — it has increased by +15.13% in the past 24 hours. Watch Innovate stock price performance more closely on the chart.
What is Innovate stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Innovate stocks are traded under the ticker VATE.
Is Innovate stock price growing?▼
VATE stock has risen by +62.97% compared to the previous week, the month change is a +25.46% rise, over the last year Innovate has showed a -9.04% decrease.
What is Innovate market cap?▼
Today Innovate has the market capitalization of 89.29M
When is the next Innovate earnings date?▼
Innovate is going to release the next earnings report on May 12, 2026.
What were Innovate earnings last quarter?▼
VATE earnings for the last quarter are -0.58 USD per share, whereas the estimation was N/A USD resulting in a N/A surprise. The estimated earnings for the next quarter are N/A USD per share.
What is Innovate revenue for the last year?▼
Innovate revenue for the last year amounts to 2.21B USD.
What is Innovate net income for the last year?▼
VATE net income for the last year is -71.6M USD.
Does Innovate pay dividends?▼
Yes, VATE dividends are paid annual. The last dividend per share was 25.9 USD. As of today, Dividend Yield (FWD)% is 0%.
How many employees does Innovate have?▼
As of April 01, 2026, the company has 3,135 employees.
In which sector is Innovate located?▼
Innovate operates in the Industrials sector.
When did Innovate complete a stock split?▼
The last stock split for Innovate was on August 09, 2024 with a ratio of 1:10.