Gentex Corporation

NasdaqGS:GNTX Stock Report

Market Cap: US$4.8b

Gentex Dividends and Buybacks

Dividend criteria checks 5/6

Gentex is a dividend paying company with a current yield of 2.12% that is well covered by earnings.

Key information

2.1%

Dividend yield

6.3%

Buyback Yield

Total Shareholder Yield8.4%
Future Dividend Yield2.3%
Dividend Growth3.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio27%

Recent dividend and buyback updates

Analysis Article Dec 30

Gentex's (NASDAQ:GNTX) Dividend Will Be $0.12

Gentex Corporation ( NASDAQ:GNTX ) has announced that it will pay a dividend of $0.12 per share on the 21st of January...
Analysis Article Dec 01

Gentex (NASDAQ:GNTX) Has Announced A Dividend Of $0.12

Gentex Corporation ( NASDAQ:GNTX ) has announced that it will pay a dividend of $0.12 per share on the 21st of January...

Recent updates

Narrative Update May 03

GNTX: Mixed Sentiment And Updated Guidance Will Shape A Measured Outlook

Analysts have raised the Gentex fair value estimate from $22.00 to $25.00, reflecting updated assumptions on the discount rate, revenue growth, profit margin, and future P/E following a series of recent price target adjustments across the Street. Analyst Commentary Recent Street research on Gentex shows a mix of more constructive and more cautious views, with several bearish analysts adjusting price targets downward even as others raise theirs.
Seeking Alpha May 01

Gentex: Step Function Change Leads To Value Unlock

Summary Gentex is positioned for a re-rating as its growth and earnings profile shifts, driven by market share gains and the VOXX acquisition. GNTX delivered strong Q1 results, expanding gross margin by 200bps and achieving organic revenue growth despite declining global light vehicle production. Guidance for 2027 revenue has been raised to $2.8–$2.9 billion, with expectations for continued margin expansion and EPS growth to $2.30 by 2027. I see a $32 price target (14x 2027 EPS), supported by a net cash balance, robust execution, and premium multiple justified by accelerating growth. Read the full article on Seeking Alpha
Narrative Update Apr 18

GNTX: Reset Expectations And New Products Will Shape Balanced Future Outlook

Analysts have reduced their average price target on Gentex to $22 from $25, citing recent research that incorporates more moderate assumptions for revenue growth and profit margins, partially offset by a slightly higher future P/E multiple. Analyst Commentary Recent Street research on Gentex shows a mix of views, with bearish analysts trimming price targets and one new initiation taking a more constructive stance.
Narrative Update Apr 02

GNTX: Future Margin Execution Will Support Bullish Long Term Earnings Profile

Gentex's analyst price target has been adjusted lower by about $0.91 as analysts factor in updated assumptions around revenue growth, profit margins, and a lower future P/E multiple, following a mix of new initiations and modest target cuts from recent research. Analyst Commentary Recent research on Gentex reflects a mixed set of target adjustments, but there are still clear pockets of optimism that focus on the company’s ability to execute on its plan and support its current valuation framework.
Narrative Update Mar 19

GNTX: Future Auto Production And Capital Returns Will Support Higher Prices

Analysts have reduced their average price target on Gentex by a few dollars to reflect slightly lower assumptions for discount rate, revenue growth, profit margin, and future P/E, keeping fair value around $28.38. Analyst Commentary Recent Street research on Gentex reflects a slightly more cautious tone, with several firms trimming their price targets by US$1 to US$4 while keeping fair value estimates in a similar range.
Narrative Update Mar 04

GNTX: Future Auto Production Outlook Will Support Higher Share Prices

Narrative Update The average analyst price target for Gentex has been reduced by $1. This reflects updated views on slightly softer revenue growth, a modestly lower profit margin, and a marginally higher assumed future P/E multiple.
Narrative Update Feb 18

GNTX: Future Auto Production And Margin Management Will Support Higher Shares

The analyst price target for Gentex has moved slightly lower to $28.38 per share, with analysts pointing to updated assumptions around discount rates, profit margins, and future P/E expectations to support the change. Analyst Commentary Recent research updates cluster around a slightly lower fair value for Gentex, with several price targets trimmed by US$1 to US$4.
Narrative Update Feb 04

GNTX: Future Auto Production And Cash Returns Will Support Higher Shares

Analysts recently trimmed their price targets on Gentex, contributing to a reduction in the implied fair value estimate from about $29.81 to $28.50. This reflected the incorporation of more moderate revenue growth, slightly lower profit margin assumptions, a modestly lower discount rate, and a small adjustment to the future P/E multiple.
Narrative Update Jan 20

GNTX: Reset Expectations And Product Pipeline Will Shape Balanced Upside Outlook

Analysts have trimmed their price target on Gentex by $3 to reflect updated assumptions around the discount rate, revenue growth, profit margin and future P/E, signalling a more measured view on the stock’s upside. Analyst Commentary Bearish analysts cutting their price targets by $3 are essentially signalling that they see less room for upside based on their updated assumptions for discount rates, revenue, margins and future P/E.
Narrative Update Jan 06

GNTX: Sector Tailwinds And Production Outlook Will Shape Balanced Upside Potential

Analysts have nudged their price expectations for Gentex higher, with our fair value estimate moving from US$24.00 to US$25.00. This change cites updated assumptions around discount rates, revenue growth, profit margins and future P/E, in line with recent Street target increases.
Analysis Article Dec 30

Gentex's (NASDAQ:GNTX) Dividend Will Be $0.12

Gentex Corporation ( NASDAQ:GNTX ) has announced that it will pay a dividend of $0.12 per share on the 21st of January...
Analysis Article Dec 23

Gentex (NASDAQ:GNTX) Has Some Way To Go To Become A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrative Update Dec 17

GNTX: Stronger Global Auto Demand Will Drive Shares Higher In Coming Years

The Gentex analyst price target has inched higher by approximately $2 to $32, as analysts cite stronger global light vehicle production, favorable currency and commodity trends, and improved U.S. auto demand forecasts supporting modestly better long term fundamentals. Analyst Commentary Recent research updates highlight a generally constructive but measured stance on Gentex, with price targets inching higher as analysts recalibrate forecasts for the broader auto cycle and Gentex's growth prospects.
Narrative Update Dec 03

GNTX: Stronger Global Auto Demand Will Drive Shares Higher Through 2026

Analysts have nudged their average price target on Gentex modestly higher to $32.00 from $30.00, citing stronger global light vehicle production, favorable currency and commodity trends, and an improved U.S. auto sales outlook that supports slightly higher long term growth and valuation assumptions. Analyst Commentary Recent Street research reflects a cautiously constructive stance on Gentex, with multiple firms modestly lifting price targets while maintaining Neutral ratings.
Analysis Article Dec 01

Gentex (NASDAQ:GNTX) Has Announced A Dividend Of $0.12

Gentex Corporation ( NASDAQ:GNTX ) has announced that it will pay a dividend of $0.12 per share on the 21st of January...
Narrative Update Nov 19

GNTX: Stronger Global Vehicle Production Will Drive Demand Through 2025

Analysts have increased Gentex's price target, with recent updates bringing the target up from $28 to as high as $32. This change is mainly due to robust global auto production and resilient market demand forecasts.
Narrative Update Nov 05

GNTX: Robust Auto Demand And Solid Sales Will Drive Continued Share Outperformance

Gentex's analyst price target has been updated slightly lower to $30.06 from $31.25, as analysts balanced improved auto sector demand and favorable industry trends with updated fair value and profit margin assumptions. Analyst Commentary Recent updates from major research firms highlight both positive developments and possible challenges for Gentex in the months ahead.
Analysis Article Oct 28

Gentex Corporation (NASDAQ:GNTX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a sad week for Gentex Corporation ( NASDAQ:GNTX ), who've watched their investment drop 10% to US$23.72 in...
Narrative Update Oct 21

Analysts Raise Gentex Price Target as Growth Outlook Improves Amid Industry Optimism and Caution

Gentex’s analyst price target has increased from $30.56 to $31.25 as analysts cite higher global vehicle production forecasts and favorable industry trends, which are supporting stronger growth outlooks. Analyst Commentary Recent commentary from major Wall Street firms highlights both optimism and caution regarding Gentex's outlook, with analysts noting a mix of favorable industry conditions and evolving growth challenges.
Analysis Article Oct 01

Gentex (NASDAQ:GNTX) Will Pay A Dividend Of $0.12

The board of Gentex Corporation ( NASDAQ:GNTX ) has announced that it will pay a dividend of $0.12 per share on the...
Analysis Article Sep 15

An Intrinsic Calculation For Gentex Corporation (NASDAQ:GNTX) Suggests It's 29% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Gentex fair value estimate is US$40.24 Gentex is estimated to...
Narrative Update Aug 27

Advanced Automotive In-Cabin Systems Will Drive Future Value

Gentex’s consensus price target was modestly raised to $30.56 as analysts highlighted gross margin improvements, industry stability, and resilient automotive demand, supporting stronger near-term outlook. Analyst Commentary Improvement in Gentex’s gross margin, driven by purchase cost reductions and operational efficiencies, positions the company to achieve its long-term gross margin target of 35%-36%.
Analysis Article Aug 26

Gentex (NASDAQ:GNTX) Has Announced A Dividend Of $0.12

The board of Gentex Corporation ( NASDAQ:GNTX ) has announced that it will pay a dividend of $0.12 per share on the...
Analysis Article Aug 16

Here's Why Gentex (NASDAQ:GNTX) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 29

Market Might Still Lack Some Conviction On Gentex Corporation (NASDAQ:GNTX) Even After 27% Share Price Boost

Gentex Corporation ( NASDAQ:GNTX ) shareholders have had their patience rewarded with a 27% share price jump in the...
Analysis Article Jun 27

Gentex (NASDAQ:GNTX) Is Due To Pay A Dividend Of $0.12

Gentex Corporation ( NASDAQ:GNTX ) has announced that it will pay a dividend of $0.12 per share on the 23rd of July...
Analysis Article Jun 25

Capital Allocation Trends At Gentex (NASDAQ:GNTX) Aren't Ideal

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Jun 02

Gentex's (NASDAQ:GNTX) Dividend Will Be $0.12

Gentex Corporation ( NASDAQ:GNTX ) will pay a dividend of $0.12 on the 23rd of July. This means the dividend yield will...
Seeking Alpha Mar 14

Gentex: Near-Term Uncertainty, Long-Term Performer

Summary Gentex is a stable automotive supplier with a strong balance sheet, facing industry headwinds, but offers an appealing valuation after a 20% share price pullback. The company focuses on innovative rearview mirrors and adjacent technologies, while expanding into aerospace, fire protection, and medical markets. Gentex's acquisition of VOXX International aims to diversify revenue streams, despite potential near-term dilution and sector uncertainties. Trading at a very reasonable low to-mid teens times earnings, Gentex's resilient balance sheet and strategic moves make it a buy on the dip, anticipating future re-rating. Read the full article on Seeking Alpha
Seeking Alpha Jan 15

Gentex: Future Mobility Tech Is Poised To Propel Sales And Earnings Growth

Summary Gentex has evolved from smoke detectors to high-tech automotive products, including dimmable glass and full-display mirrors, showcasing innovation at CES 2025. Despite steady growth in sales and earnings, GNTX's stock performance has lagged, with a total return of -1.14% since January 2020. The acquisition of Voxx International is expected to boost revenue and provide access to valuable biometric technology, enhancing Gentex's product offerings. Given its sector challenges and mixed Quant Ratings, I recommend holding GNTX shares and closely monitoring upcoming financial results and market developments. Read the full article on Seeking Alpha
Seeking Alpha Dec 29

Gentex Acquiring Voxx International Just Makes Sense

Summary Gentex's acquisition of Voxx International aims to diversify revenue, integrate technology, expand into aerospace, healthcare, and consumer tech markets. The acquisition is expected to add $350-400 million in annual revenue and $15-20 million in tax loss credits. Despite short-term volatility, the long-term outlook is positive, with expected EPS growth and improved gross profit margins, however competition in the sector is heating up. Gentex's core business combined with the acquisition offer potential upside post-integration, but short-term financial performance may be volatile. Read the full article on Seeking Alpha
Seeking Alpha Oct 30

Gentex: Stable Amidst Industry Headwinds

Summary Gentex Corporation has been suffering from tougher comparables and an uncertain and difficult automotive market. The GNTX business has a great long-term value track record and trades at quite reasonable valuation multiples. I am considering an allocation of dip buys here. Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GNTX's dividends per share have been stable in the past 10 years.

Growing Dividend: GNTX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Gentex Dividend Yield vs Market
How does GNTX dividend yield compare to the market?
SegmentDividend Yield
Company (GNTX)2.1%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Auto Components)2.1%
Analyst forecast (GNTX) (up to 3 years)2.3%

Notable Dividend: GNTX's dividend (2.12%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: GNTX's dividend (2.12%) is low compared to the top 25% of dividend payers in the US market (4.3%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27%), GNTX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (21.9%), GNTX's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/19 13:04
End of Day Share Price 2026/05/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gentex Corporation is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luke JunkBaird
Alexander ParisBarrington Research Associates, Inc.
Richard CarlsonBMO Capital Markets Equity Research