What is DA Davidson's Estimate for SSD FY2025 Earnings?

Key Points

• DA Davidson has raised its earnings per share (EPS) forecast for Simpson Manufacturing for FY2025 to $8.22, up from a prior estimate of $8.10, with a target price of $185.00.
• Simpson Manufacturing reported a quarterly EPS of $2.47, exceeding expectations of $2.39, and achieved a revenue of $631.06 million, up 5.7% year-over-year.
• The company announced a quarterly dividend of $0.29, reflecting an annualized dividend yield of 0.63% with a payout ratio of 15.10%.

Simpson Manufacturing Company, Inc. (NYSE:SSD - Free Report) - Stock analysts at DA Davidson boosted their FY2025 earnings estimates for shares of Simpson Manufacturing in a report released on Tuesday, July 29th. DA Davidson analyst K. Yinger now forecasts that the construction company will post earnings of $8.22 per share for the year, up from their previous forecast of $8.10. DA Davidson currently has a "Neutral" rating and a $185.00 target price on the stock. The consensus estimate for Simpson Manufacturing's current full-year earnings is $8.29 per share. DA Davidson also issued estimates for Simpson Manufacturing's FY2026 earnings at $8.93 EPS.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The construction company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.39 by $0.08. The company had revenue of $631.06 million for the quarter, compared to analyst estimates of $601.80 million. Simpson Manufacturing had a net margin of 14.53% and a return on equity of 17.72%. Simpson Manufacturing's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.31 EPS.

Simpson Manufacturing Stock Performance

Shares of Simpson Manufacturing stock traded up $1.55 during trading on Thursday, hitting $180.72. 49,030 shares of the stock were exchanged, compared to its average volume of 277,876. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 23.03 and a beta of 1.26. The company has a fifty day moving average price of $160.95 and a 200-day moving average price of $160.08. Simpson Manufacturing has a 1-year low of $137.35 and a 1-year high of $197.82. The company has a current ratio of 3.37, a quick ratio of 1.80 and a debt-to-equity ratio of 0.18.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC grew its stake in Simpson Manufacturing by 2.6% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,809 shares of the construction company's stock valued at $447,000 after buying an additional 70 shares during the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of Simpson Manufacturing by 2.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 2,965 shares of the construction company's stock worth $466,000 after acquiring an additional 71 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of Simpson Manufacturing by 1.4% during the 1st quarter. Apollon Wealth Management LLC now owns 5,404 shares of the construction company's stock worth $849,000 after acquiring an additional 74 shares during the period. Xponance Inc. lifted its holdings in shares of Simpson Manufacturing by 1.5% during the 1st quarter. Xponance Inc. now owns 5,262 shares of the construction company's stock worth $827,000 after acquiring an additional 78 shares during the period. Finally, CWM LLC lifted its holdings in shares of Simpson Manufacturing by 39.1% during the 1st quarter. CWM LLC now owns 331 shares of the construction company's stock worth $52,000 after acquiring an additional 93 shares during the period. Institutional investors and hedge funds own 93.68% of the company's stock.

Simpson Manufacturing Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 2nd will be paid a $0.29 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $1.16 dividend on an annualized basis and a yield of 0.6%. Simpson Manufacturing's dividend payout ratio is 14.80%.

About Simpson Manufacturing

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.