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Smart Investors Daily
VA

NYSE · VATE

INNOVATE Corp.

Industrials · Engineering & Construction

$5.51

Down-$0.29 (-5.00%)

Updated Nov 2, 2026, 3:41 AM

SID Score

4.1/10

Composite research score

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Institutional and insider signal

Market cap
59.22M
P/E ratio
-0.78
Dividend yield
0.00%
52-week range
$3.75 – $21.30
Volume
132.47K
Avg. volume
32.66K

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Overview

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Company profile

Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments which are; The infrastructure segment is comprised of DBM Global Inc, a fully integrated industrial construction, structural steel, and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services, The Life Sciences segment is comprised of Pansend Life Sciences which seeks to develop products to treat early osteoarthritis of the knee and aesthetic and medical technologies for the skin, and Spectrum segment is comprised of HC2 Broadcasting Holdings Inc which operates over-the-air broadcasting station across the United States.

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Benzinga · Oct 12, 2026

Innovate Q2 2026 Earnings Call Transcript

Innovate (NYSE:VATE) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs.

Yahoo · Aug 29, 2026

Could IES Holdings (IESC) Win Big While INNOVATE (VATE) Bets its Future on Debt Reduction?

On August 10, IES Holdings, Inc. (NASDAQ:IESC) announced a definitive agreement to acquire DBM Global from INNOVATE Corp. (NYSE:VATE) for approximately $650 million in combined cash and stock ($685 million total consideration including minority interest buyouts and tax election payments). This major structural deal reshapes both companies, but their underlying financial trajectories explain why the […]

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