Top-Rated Dividend StocksTop-Rated DividendPositive News SentimentPositive News Silicon Motion Technology Stock Price, News & Analysis (NASDAQ:SIMO) $58.80 -0.27 (-0.46%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$58.49▼$59.6650-Day Range$50.25▼$59.6352-Week Range$49.50▼$95.33Volume206,334 shsAverage Volume616,193 shsMarket Capitalization$1.96 billionP/E Ratio35.42Dividend Yield3.38%Price Target$85.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Silicon Motion Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside45.7% Upside$85.33 Price TargetShort InterestHealthy2.72% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth85.52%From $1.45 to $2.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.87 out of 5 starsComputer And Technology Sector31st out of 601 stocksSemiconductors & Related Devices Industry7th 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 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.33, Silicon Motion Technology has a forecasted upside of 45.7% from its current price of $58.57.Amount of Analyst CoverageSilicon Motion Technology has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.72% 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 2.3, 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 4.65%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 3.36%, 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 119.88%. 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 73.98% 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 2.7 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 1.87. 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 0.56 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Silicon Motion Technology this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Institutions62.63% 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 85.52% in the coming year, from $1.45 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 35.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 35.28, 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 232.94.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 5.82. 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 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 HeadlinesNovember 16, 2023 | morningstar.comSilicon Motion Technology Corp ADRNovember 16, 2023 | finance.yahoo.comSIMO Mar 2024 50.000 callNovember 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 8, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: GlobalFoundries Inc (GFS), Silicon Motion (SIMO) and Shoals Technologies Group (SHLS)November 7, 2023 | finance.yahoo.comSilicon Motion Showcases Advanced Automotive NAND Flash Storage Solutions at NXP Tech Days DetroitNovember 3, 2023 | finance.yahoo.comSilicon Motion Technology Corporation (NASDAQ:SIMO) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | msn.comSilicon Motion stock rises after Roth upgrades following Q3 beatNovember 1, 2023 | finance.yahoo.comSilicon Motion Announces Results for the Period Ended September 30, 2023November 30, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!October 31, 2023 | benzinga.comA Preview Of Silicon Motion Technology's EarningsOctober 31, 2023 | markets.businessinsider.comSilicon Motion Final Deadline AlertOctober 27, 2023 | finance.yahoo.comDoes Silicon Motion (SIMO) Have the Potential to Rally 44.07% as Wall Street Analysts Expect?October 23, 2023 | businesswire.comSIMO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Silicon Motion Technology Corporation Investors with Substantial Losses Have Opportunity to Lead Class ...October 18, 2023 | stockhouse.comSilicon Motion Ongoing Deadline AlertOctober 11, 2023 | finance.yahoo.comWall Street Analysts Predict a 32.13% Upside in Silicon Motion (SIMO): Here's What You Should KnowOctober 7, 2023 | markets.businessinsider.comSilicon Motion Investor Deadline ApproachingOctober 6, 2023 | finance.yahoo.comUnveiling Silicon Motion Technology (SIMO)'s Value: Is It Really Priced Right? A Comprehensive GuideOctober 6, 2023 | au.investing.comSilicon Motion Technology gains as Q3 sequential revenue growth seen above guidance rangeOctober 6, 2023 | finance.yahoo.comSilicon Motion Announces Preliminary Third Quarter 2023 Revenue and Earnings Conference Call DetailsOctober 5, 2023 | finanznachrichten.deSilicon Motion Technology Corporation.: Silicon Motion Files Notice of Arbitration Claim Against MaxLinearOctober 5, 2023 | finance.yahoo.comSilicon Motion Files Notice of Arbitration Claim Against MaxLinearOctober 5, 2023 | finance.yahoo.comSilicon Motion Sponsors the 2023 VEX Signature Event in AsiaOctober 4, 2023 | seekingalpha.comSilicon Motion Technology: A Few Reasons To Turn More ConstructiveSeptember 24, 2023 | markets.businessinsider.comSilicon Motion Shareholder AlertSeptember 22, 2023 | markets.businessinsider.comSilicon Motion Deadline ReminderSeptember 21, 2023 | stockhouse.comSilicon Motion Provides Certain Details Regarding MaxLinear's Surprise Termination of the Merger AgreementSeptember 21, 2023 | finanznachrichten.deSilicon Motion Technology Corporation.: Silicon Motion Provides Certain Details Regarding MaxLinear's Surprise Termination of the Merger AgreementSee 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 11/30 Dividend11/15/2023Today11/30/2023Dividend Payable11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/06/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SIMO CUSIPN/A CIK1329394 Webwww.siliconmotion.com Phone(522) 307-4768Fax852-2307-4368Employees1,643Year Founded1995Price Target and Rating Average Stock Price Target$85.33 High Stock Price Target$106.00 Low Stock Price Target$59.00 Potential Upside/Downside+44.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.66 Trailing P/E Ratio35.58 Forward P/E Ratio40.74 P/E Growth5.82Net Income$172.51 million Net Margins8.68% Pretax Margin10.52% Return on Equity7.34% Return on Assets5.82% Debt Debt-to-Equity RatioN/A Current Ratio5.77 Quick Ratio4.25 Sales & Book Value Annual Sales$945.92 million Price / Sales2.09 Cash Flow$5.78 per share Price / Cash Flow10.22 Book Value$23.17 per share Price / Book2.55Miscellaneous Outstanding Shares33,410,000Free Float31,626,000Market Cap$1.97 billion OptionableOptionable Beta0.81 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Chia-Chang Kou (Age 65)Founder, President, CEO, MD & Director Mr. Riyadh Lai (Age 54)Chief Financial Officer Mr. Ken Chen (Age 62)Vice President of Operations Mr. Christopher A. ChaneyDirector of Investor Relations & StrategyMr. Nelson S. Duann (Age 54)Senior VP of Marketing & R&D and Director Mr. Robert C. Fan (Age 59)President of SMI USA Ms. Michelle LinVice President of Finance & Corporate ControllerMr. Arthur Yeh (Age 62)Vice President of Sales - Asia & Greater China More ExecutivesKey CompetitorsOSI SystemsNASDAQ:OSISViavi SolutionsNASDAQ:VIAVMaxLinearNYSE:MXLSiTimeNASDAQ:SITMPhotronicsNASDAQ:PLABView All CompetitorsInstitutional OwnershipWalleye Trading LLCSold 16,100 shares on 11/21/2023Ownership: 0.000%Morgan StanleySold 148,102 shares on 11/16/2023Ownership: 1.936%GTS Securities LLCBought 45,800 shares on 11/16/2023Ownership: 0.000%Wolverine Trading LLCBought 6,400 shares on 11/16/2023Ownership: 0.000%Legal & General Group PlcSold 2,096 shares on 11/15/2023Ownership: 0.060%View All Institutional Transactions SIMO Stock Analysis - Frequently Asked Questions Should I buy or sell Silicon Motion Technology stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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? 5 Wall Street research analysts have issued 1-year price objectives for Silicon Motion Technology's stock. Their SIMO share price targets range from $59.00 to $106.00. On average, they predict the company's share price to reach $85.33 in the next year. This suggests a possible upside of 45.7% 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 2023? Silicon Motion Technology's stock was trading at $64.99 at the beginning of the year. Since then, SIMO stock has decreased by 9.9% and is now trading at $58.57. View the best growth stocks for 2023 here. When is Silicon Motion Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our SIMO earnings forecast. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) posted its quarterly earnings data on Wednesday, November, 1st. The semiconductor producer reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.05. The semiconductor producer had revenue of $172.30 million for the quarter, compared to the consensus estimate of $165.70 million. Silicon Motion Technology had a net margin of 8.68% and a trailing twelve-month return on equity of 7.34%. The firm's quarterly revenue was down 31.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 EPS. 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, October 30th. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.50 per share on Thursday, November 30th. This represents a $2.00 annualized dividend and a yield of 3.41%. The ex-dividend date is Wednesday, November 15th. 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 3.36%. The dividend payout ratio is 119.88%. 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 73.98% 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 third quarter 2023 earnings guidance on Friday, October, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $168.43M-, compared to the consensus revenue estimate of $161.65 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 investors include Alpine Associates Management Inc. (2.85%), Hawk Ridge Capital Management LP (2.83%), Segantii Capital Management Ltd (2.50%), Cooper Creek Partners Management LLC (2.28%), Morgan Stanley (1.94%) and Invesco Ltd. (1.87%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:SIMO) was last updated on 11/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Silicon Motion Technology Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.