Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free SIMO Stock Alerts $78.58 +4.62 (+6.25%) (As of 05/6/2024 ET) Add Compare Share Share Today's Range$77.25▼$80.7750-Day Range$69.39▼$82.8752-Week Range$49.50▼$95.33Volume1.00 million shsAverage Volume376,436 shsMarket Capitalization$2.65 billionP/E Ratio44.65Dividend Yield2.53%Price Target$91.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Silicon Motion Technology alerts: Email Address Silicon Motion Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside16.0% Upside$91.13 Price TargetShort InterestHealthy2.52% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.86Based on 34 Articles This WeekInsider TradingN/AProj. Earnings Growth52.08%From $2.65 to $4.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.47 out of 5 starsComputer And Technology Sector101st out of 591 stocksSemiconductors & Related Devices Industry20th out of 90 stocks 3.5 Analyst's Opinion Consensus RatingSilicon Motion Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSilicon Motion Technology has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.52% of the float of Silicon Motion Technology has been sold short.Short Interest Ratio / Days to CoverSilicon Motion Technology has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silicon Motion Technology has recently decreased by 4.20%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 2.69%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSilicon Motion Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Silicon Motion Technology is 113.07%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 49.38% next year. This indicates that Silicon Motion Technology will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SIMO. Previous Next 3.3 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 34 news articles for Silicon Motion Technology this week, compared to 4 articles on an average week.Search InterestOnly 8 people have searched for SIMO on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.MarketBeat Follows9 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Silicon Motion Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.34% of the stock of Silicon Motion Technology is held by insiders.Percentage Held by Institutions78.02% of the stock of Silicon Motion Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Silicon Motion Technology are expected to grow by 52.08% in the coming year, from $2.65 to $4.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 44.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 44.65, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 264.48.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 3.98. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSilicon Motion Technology has a P/B Ratio of 3.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsThe Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Silicon Motion Technology Stock (NASDAQ:SIMO)Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company was founded in 1995 and is based in Hong Kong, Hong Kong.Read More SIMO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SIMO Stock News HeadlinesApril 16, 2024 | marketbeat.comSilicon Motion Proves That AI in Motion Stays in MotionSilicon Motion Technology Co. NASDAQ: SIMO is a fabless semiconductor company in the computer and technology sector specializing in designing and developing NAND flash memory controllers. The controllers enable solid-state drives (SSD) to operate seamlessly, managing the communications between the NAND flash memory and the computer system.April 16, 2024 | marketbeat.comSilicon Motion Proves That AI in Motion Stays in MotionSilicon Motion Technology Co. (NASDAQ: SIMO) is a fabless semiconductor company in the computer and technology sector specializing in designing and developingMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 7, 2024 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Rating Reiterated by WedbushMay 7, 2024 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Upgraded by StockNews.com to "Buy"May 7, 2024 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Sees Large Volume Increase Following Dividend AnnouncementMay 6, 2024 | benzinga.comSilicon Motion Technology Stock: A Deep Dive Into Analyst Perspectives (11 Ratings)May 6, 2024 | americanbankingnews.comSilicon Motion Technology Co. (SIMO) To Go Ex-Dividend on May 8thMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 5, 2024 | finance.yahoo.comJust Two Days Till Silicon Motion Technology Corporation (NASDAQ:SIMO) Will Be Trading Ex-DividendMay 5, 2024 | finance.yahoo.comSilicon Motion Technology Corporation's (NASDAQ:SIMO) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?May 4, 2024 | insidermonkey.comSilicon Motion Technology Corporation (NASDAQ:SIMO) Q1 2024 Earnings Call TranscriptMay 4, 2024 | markets.businessinsider.comBuy Rating Affirmed for Silicon Motion Technology on Strong Enterprise SSD Prospects and Market ExpansionMay 4, 2024 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Shares Gap Up Following Dividend AnnouncementMay 4, 2024 | americanbankingnews.comSilicon Motion Technology Target of Unusually High Options Trading (NASDAQ:SIMO)May 3, 2024 | markets.businessinsider.comBuy Rating Affirmed for Silicon Motion on Strong Growth and Innovative Product PipelineMay 3, 2024 | investorplace.comSIMO Stock Earnings: Silicon Motion Technology Beats EPS, Beats Revenue for Q1 2024May 2, 2024 | globenewswire.comSilicon Motion Announces Results for the Period Ended March 31, 2024May 1, 2024 | msn.comSemrush (SEMR) to Report Q1 Earnings: What's in the Cards?April 29, 2024 | globenewswire.comSilicon Motion Confirms Quarterly DividendApril 29, 2024 | americanbankingnews.comSilicon Motion Technology Co. (NASDAQ:SIMO) Receives Consensus Recommendation of "Buy" from AnalystsApril 27, 2024 | wsj.comSilicon Motion Technology Corp. ADRApril 25, 2024 | finanznachrichten.deSilicon Motion Technology Corporation.: Silicon Motion Announces Chief Financial Officer TransitionApril 25, 2024 | globenewswire.comSilicon Motion Announces Chief Financial Officer TransitionApril 16, 2024 | msn.comThis Analyst With 86% Accuracy Rate Sees Around 32% Upside In Western Digital - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate AnalystsApril 9, 2024 | finance.yahoo.comSilicon Motion Announces Preliminary First Quarter 2024 Revenue and Earnings Conference Call DetailsApril 3, 2024 | investing.comTop tech analyst shares a list of his favorite chip stocksSee More Headlines Receive SIMO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Silicon Motion Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Ex-Dividend for 3/1 Dividend2/16/2024Dividend Payable3/01/2024Today5/07/2024Ex-Dividend for 5/23 Dividend5/08/2024Dividend Payable5/23/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:SIMO CUSIPN/A CIK1329394 Webwww.siliconmotion.com Phone(522) 307-4768Fax852-2307-4368Employees1,643Year Founded1995Price Target and Rating Average Stock Price Target$91.13 High Stock Price Target$110.00 Low Stock Price Target$75.00 Potential Upside/Downside+16.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.76 Trailing P/E Ratio44.65 Forward P/E Ratio29.65 P/E Growth3.98Net Income$52.87 million Net Margins8.34% Pretax Margin9.55% Return on Equity7.77% Return on Assets6.03% Debt Debt-to-Equity RatioN/A Current Ratio3.73 Quick Ratio2.71 Sales & Book Value Annual Sales$639.14 million Price / Sales4.14 Cash Flow$2.38 per share Price / Cash Flow33.08 Book Value$21.99 per share Price / Book3.57Miscellaneous Outstanding Shares33,680,000Free Float31,883,000Market Cap$2.65 billion OptionableOptionable Beta0.87 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Chia-Chang Kou (Age 66)Founder, President, CEO, MD & Director Mr. Riyadh Lai (Age 55)Chief Financial Officer Mr. Ken Chen (Age 63)Vice President of Operations Mr. Christopher ChaneyDirector of Investor Relations & StrategyMr. Robert C. Fan (Age 60)Senior Vice President of Global Sales Mr. Nelson S. Duann (Age 55)Senior VP of Client & Automotive Storage Business and Director Mr. Alex ChouSenior VP of Enterprise Storage & Display Interface Solution BusinessMs. Michelle LinVice President of Finance & Corporate ControllerMore ExecutivesKey CompetitorsSemtechNASDAQ:SMTCKulicke and Soffa IndustriesNASDAQ:KLICOSI SystemsNASDAQ:OSISSiTimeNASDAQ:SITMAmbarellaNASDAQ:AMBAView All CompetitorsInstitutional OwnershipSG Americas Securities LLCBought 3,899 shares on 5/7/2024Ownership: 0.113%Lester Murray Antman dba SimplyRichBought 2,857 shares on 5/4/2024Ownership: 0.009%Easterly Investment Partners LLCBought 2,128 shares on 5/3/2024Ownership: 0.746%Chase Investment Counsel CorpBought 29,945 shares on 5/2/2024Ownership: 0.091%BNP Paribas Financial MarketsBought 3,449 shares on 5/1/2024Ownership: 0.025%View All Institutional Transactions SIMO Stock Analysis - Frequently Asked Questions Should I buy or sell Silicon Motion Technology stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SIMO shares. View SIMO analyst ratings or view top-rated stocks. What is Silicon Motion Technology's stock price target for 2024? 8 brokerages have issued 12-month target prices for Silicon Motion Technology's stock. Their SIMO share price targets range from $75.00 to $110.00. On average, they predict the company's share price to reach $91.13 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View analysts price targets for SIMO or view top-rated stocks among Wall Street analysts. How have SIMO shares performed in 2024? Silicon Motion Technology's stock was trading at $61.27 on January 1st, 2024. Since then, SIMO shares have increased by 28.3% and is now trading at $78.58. View the best growth stocks for 2024 here. Are investors shorting Silicon Motion Technology? Silicon Motion Technology saw a drop in short interest in March. As of March 31st, there was short interest totaling 876,900 shares, a drop of 16.5% from the March 15th total of 1,050,000 shares. Based on an average trading volume of 461,600 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.6% of the shares of the company are short sold. View Silicon Motion Technology's Short Interest. When is Silicon Motion Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our SIMO earnings forecast. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) announced its earnings results on Wednesday, November, 1st. The semiconductor producer reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.05. The semiconductor producer earned $172.30 million during the quarter, compared to analysts' expectations of $165.70 million. Silicon Motion Technology had a net margin of 8.34% and a trailing twelve-month return on equity of 7.77%. The business's quarterly revenue was down 31.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.29 earnings per share. How often does Silicon Motion Technology pay dividends? What is the dividend yield for Silicon Motion Technology? Silicon Motion Technology announced a quarterly dividend on Monday, May 6th. Investors of record on Thursday, May 9th will be given a dividend of $0.50 per share on Thursday, May 23rd. This represents a $2.00 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Wednesday, May 8th. Read our dividend analysis for SIMO. Is Silicon Motion Technology a good dividend stock? Silicon Motion Technology (NASDAQ:SIMO) pays an annual dividend of $1.99 per share and currently has a dividend yield of 2.69%. The dividend payout ratio is 113.07%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SIMO will have a dividend payout ratio of 49.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SIMO. What ETFs hold Silicon Motion Technology's stock? ETFs with the largest weight of Silicon Motion Technology (NASDAQ:SIMO) stock in their portfolio include Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), AltShares Event-Driven ET (EVNT) and Invesco Nasdaq Future Gen 200 ETF (QQQS).SPDR S&P Emerging Markets SmallCap ETF (EWX). What guidance has Silicon Motion Technology issued on next quarter's earnings? Silicon Motion Technology issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $800.0 million-$830.0 million, compared to the consensus revenue estimate of $793.3 million. What is Wallace C. Kou's approval rating as Silicon Motion Technology's CEO? 8 employees have rated Silicon Motion Technology Chief Executive Officer Wallace C. Kou on Glassdoor.com. Wallace C. Kou has an approval rating of 76% among the company's employees. What other stocks do shareholders of Silicon Motion Technology own? Based on aggregate information from My MarketBeat watchlists, some companies that other Silicon Motion Technology investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Gilead Sciences (GILD), Netflix (NFLX), AbbVie (ABBV), QUALCOMM (QCOM), Visa (V) and Marvell Technology (MRVL). Who are Silicon Motion Technology's major shareholders? Silicon Motion Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Reinhart Partners LLC. (2.23%), Easterly Investment Partners LLC (0.75%), Janney Montgomery Scott LLC (0.25%), Perpetual Ltd (0.19%), SG Americas Securities LLC (0.11%) and Chase Investment Counsel Corp (0.09%). How do I buy shares of Silicon Motion Technology? Shares of SIMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SIMO) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersBiden’s $374B Giveaway Into This SectorDTIAI “wealth window” is closing June 25thParadigm PressThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldHe Is Giving Away BitcoinCrypto Swap ProfitsElon to Transform U.S. Economy? 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