Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free SIMO Stock Alerts $76.88 +0.58 (+0.76%) (As of 03:23 PM ET) Add Compare Share Share Today's Range$76.00▼$77.0550-Day Range$61.15▼$78.1552-Week Range$49.50▼$95.33Volume111,136 shsAverage Volume473,000 shsMarket Capitalization$2.54 billionP/E Ratio48.66Dividend Yield2.59%Price Target$85.00 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/Downside10.7% Upside$85.00 Price TargetShort InterestHealthy3.14% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.35Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth50.76%From $2.62 to $3.95 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.4.35 out of 5 starsComputer And Technology Sector111th out of 587 stocksSemiconductors & Related Devices Industry19th out of 92 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 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.00, Silicon Motion Technology has a forecasted upside of 10.7% from its current price of $76.77.Amount of Analyst CoverageSilicon Motion Technology has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.14% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silicon Motion Technology has recently increased by 6.18%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 2.63%, 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 125.95%. 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 50.38% 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 3.0 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 1.35. 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 0.58 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Silicon Motion Technology this week, compared to 3 articles on an average week.Search InterestOnly 6 people have searched for SIMO on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat Follows5 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 50.76% in the coming year, from $2.62 to $3.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 48.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 48.59, 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 244.68.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 4.13. 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 3.49. 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 WealthPressA lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. Click here to jump in on the next one 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 HeadlinesMarch 19, 2024 | americanbankingnews.comSilicon Motion Technology's (SIMO) Buy Rating Reiterated at B. RileyMarch 14, 2024 | uk.finance.yahoo.comChip startup Cerebras launches new AI processorMarch 28, 2024 | DTI (Ad)Buy Friday, Sell Monday, No Exceptions Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.March 13, 2024 | edition.cnn.comCepton, Inc.March 12, 2024 | finance.yahoo.comSilicon Motion Unveils 6nm UFS 4.0 Controller for AI Smartphones, Edge Computing and Automotive ApplicationsMarch 6, 2024 | seekingalpha.comSilicon Motion: Overvalued For NowMarch 1, 2024 | fool.com2 Small AI Stocks to Buy for 2024 and BeyondFebruary 24, 2024 | msn.comSilicon Motion Technology Corporation - Depositary Receipt () (SIMO) Price Target Increased by 6.69% to 83.39March 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… February 9, 2024 | finance.yahoo.comDon't Overlook These Highly Ranked Stocks After EarningsFebruary 8, 2024 | finance.yahoo.comSilicon Motion Technology Corporation (NASDAQ:SIMO) Q4 2023 Earnings Call TranscriptFebruary 7, 2024 | markets.businessinsider.comQuinn Bolton Reaffirms Buy Rating on Silicon Motion Technology, Forecasts Strong Growth and Product AdvancementsFebruary 7, 2024 | finance.yahoo.comSilicon Motion Announces Results for the Period Ended December 31, 2023February 7, 2024 | finance.yahoo.comSilicon Motion (SIMO) Q4 Earnings & Revenues Beat EstimatesFebruary 7, 2024 | msn.comSilicon Motion Technology beats top-line and bottom-line estimates; initiates Q1 and FY24 outlookFebruary 5, 2024 | benzinga.comEarnings Outlook For Silicon Motion TechnologyFebruary 5, 2024 | finance.yahoo.comSilicon Motion Confirms Quarterly DividendJanuary 31, 2024 | ca.finance.yahoo.comSilicon Motion Technology Corporation (SIMO)January 30, 2024 | finance.yahoo.com3 Reasons Growth Investors Will Love Silicon Motion (SIMO)January 12, 2024 | finance.yahoo.comSilicon Motion (SIMO) Just Flashed Golden Cross Signal: Do You Buy?January 8, 2024 | benzinga.comSilicon Motion Technology Stock (NASDAQ:SIMO), Analyst Ratings, Price Targets, PredictionsJanuary 7, 2024 | benzinga.comSilicon Motion Technology Stock (NASDAQ:SIMO), Guidance and ForecastJanuary 7, 2024 | benzinga.comSilicon Motion Technology Stock (NASDAQ:SIMO) Insider TradesJanuary 7, 2024 | benzinga.comSilicon Motion Technology Stock (NASDAQ:SIMO) Dividends: History, Yield and DatesJanuary 6, 2024 | markets.businessinsider.comSilicon Motion’s Strong Preliminary Q4 Results Prompt Continued Buy RatingJanuary 6, 2024 | msn.comJP Morgan Upgrades Silicon Motion Technology Corporation - Depositary Receipt () (SIMO)January 5, 2024 | finance.yahoo.comSilicon Motion (SIMO) Soars 5.1%: Is Further Upside Left in the Stock?See 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 Earnings2/06/2024Ex-Dividend for 3/1 Dividend2/16/2024Dividend Payable3/01/2024Today3/28/2024Next Earnings (Estimated)5/02/2024Fiscal 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$85.00 High Stock Price Target$102.00 Low Stock Price Target$75.00 Potential Upside/Downside+11.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.58 Trailing P/E Ratio48.29 Forward P/E Ratio29.12 P/E Growth4.13Net Income$52.87 million Net Margins8.27% Pretax Margin9.55% Return on Equity7.01% Return on Assets5.49% Debt Debt-to-Equity RatioN/A Current Ratio3.73 Quick Ratio2.71 Sales & Book Value Annual Sales$639.14 million Price / Sales3.95 Cash Flow$2.25 per share Price / Cash Flow33.89 Book Value$21.99 per share Price / Book3.47Miscellaneous Outstanding Shares33,050,000Free Float31,289,000Market Cap$2.52 billion OptionableOptionable Beta0.84 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 CompetitorsOSI SystemsNASDAQ:OSISKulicke and Soffa IndustriesNASDAQ:KLICViavi SolutionsNASDAQ:VIAVSiTimeNASDAQ:SITMAmbarellaNASDAQ:AMBAView All CompetitorsInstitutional OwnershipNomura Holdings Inc.Bought 50,271 shares on 3/27/2024Ownership: 0.152%PNC Financial Services Group Inc.Bought 821 shares on 3/22/2024Ownership: 0.008%HBK Investments L PSold 533,400 shares on 3/14/2024Ownership: 2.320%Wellington Management Group LLPBought 247 shares on 3/5/2024Ownership: 2.480%Goldman Sachs Group Inc.Bought 272,103 shares on 3/1/2024Ownership: 0.957%View All Institutional Transactions SIMO Stock Analysis - Frequently Asked Questions Should I buy or sell Silicon Motion Technology stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last twelve months. There are currently 7 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? 7 Wall Street analysts have issued 1 year price objectives for Silicon Motion Technology's shares. Their SIMO share price targets range from $75.00 to $102.00. On average, they expect the company's share price to reach $85.00 in the next year. This suggests a possible upside of 10.7% 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 at the start of the year. Since then, SIMO shares have increased by 25.3% and is now trading at $76.77. View the best growth stocks for 2024 here. When is Silicon Motion Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our SIMO earnings forecast. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) issued its quarterly earnings data on Tuesday, February, 6th. The semiconductor producer reported $0.63 EPS for the quarter, beating the consensus estimate of $0.51 by $0.12. The semiconductor producer had revenue of $202.38 million for the quarter, compared to analyst estimates of $197.60 million. Silicon Motion Technology had a trailing twelve-month return on equity of 7.01% and a net margin of 8.27%. 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 Friday, January 19th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.50 per share on Friday, March 1st. This represents a $2.00 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Friday, February 16th. 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 2.63%. The dividend payout ratio is 125.95%. 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 50.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SIMO. What ETF holds Silicon Motion Technology's stock? Emerge EMPWR Sustainable Emerging Markets Equity ETF holds 184 shares of SIMO stock, representing 2.77% of its portfolio. 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 Tuesday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $765.0 million-$800.0 million, compared to the consensus revenue estimate of $767.7 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 many different retail and institutional investors. Top institutional shareholders include Alpine Associates Management Inc. (2.86%), Wellington Management Group LLP (2.48%), HBK Investments L P (2.32%), Kodai Capital Management LP (2.15%), Reinhart Partners LLC. (2.10%) and Segantii Capital Management Ltd (2.09%). 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. 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