Standard Motor Products, Inc. (NYSE:SMP – Free Report) – Research analysts at Roth Capital upped their FY2025 EPS estimates for shares of Standard Motor Products in a note issued to investors on Thursday, May 1st. Roth Capital analyst S. Stember now forecasts that the auto parts company will post earnings of $3.60 per share for the year, up from their previous forecast of $3.48. The consensus estimate for Standard Motor Products’ current full-year earnings is $3.08 per share. Roth Capital also issued estimates for Standard Motor Products’ Q2 2026 earnings at $1.20 EPS and Q3 2026 earnings at $1.62 EPS.
Standard Motor Products (NYSE:SMP – Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The auto parts company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.37. The firm had revenue of $413.38 million during the quarter, compared to analysts’ expectations of $394.38 million. Standard Motor Products had a net margin of 2.56% and a return on equity of 10.42%. The firm’s revenue was up 24.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 EPS.
Check Out Our Latest Stock Report on SMP
Standard Motor Products Price Performance
Shares of NYSE SMP opened at $27.85 on Friday. The company has a quick ratio of 0.82, a current ratio of 2.25 and a debt-to-equity ratio of 0.21. The business has a 50 day moving average price of $25.34 and a two-hundred day moving average price of $29.54. The firm has a market cap of $633.27 million, a PE ratio of 17.19 and a beta of 0.57. Standard Motor Products has a fifty-two week low of $21.38 and a fifty-two week high of $35.92.
Standard Motor Products Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.31 per share. This is an increase from Standard Motor Products’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, May 15th. This represents a $1.24 annualized dividend and a dividend yield of 4.45%. Standard Motor Products’s payout ratio is 88.57%.
Insider Buying and Selling at Standard Motor Products
In related news, EVP Dale Burks sold 11,005 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $27.20, for a total transaction of $299,336.00. Following the sale, the executive vice president now owns 56,860 shares of the company’s stock, valued at $1,546,592. The trade was a 16.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.00% of the stock is currently owned by company insiders.
Institutional Trading of Standard Motor Products
Hedge funds and other institutional investors have recently modified their holdings of the company. Bailard Inc. bought a new position in shares of Standard Motor Products during the 1st quarter valued at about $332,000. Principal Financial Group Inc. increased its stake in Standard Motor Products by 2.6% in the 1st quarter. Principal Financial Group Inc. now owns 111,541 shares of the auto parts company’s stock worth $2,781,000 after purchasing an additional 2,857 shares in the last quarter. North Star Investment Management Corp. acquired a new stake in Standard Motor Products during the 1st quarter worth about $823,000. SummerHaven Investment Management LLC boosted its holdings in shares of Standard Motor Products by 1.6% in the first quarter. SummerHaven Investment Management LLC now owns 29,228 shares of the auto parts company’s stock worth $729,000 after buying an additional 463 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Standard Motor Products during the first quarter valued at approximately $996,000. Institutional investors own 81.26% of the company’s stock.
Standard Motor Products Company Profile
Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.
Recommended Stories
- Five stocks we like better than Standard Motor Products
- 10 Best Airline Stocks to Buy
- Meta Takes A Bow With Q1 Earnings – Watch For Tariff Impact in Q2
- ETF Screener: Uses and Step-by-Step Guide
- Amazon Earnings: 2 Reasons to Love It, 1 Reason to Be Cautious
- How to Invest in the Best Canadian StocksĀ
- Palantir Earnings: 1 Bullish Signal and 1 Area of Concern
Receive News & Ratings for Standard Motor Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Motor Products and related companies with MarketBeat.com's FREE daily email newsletter.