Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Price, News & Analysis $70.08 +1.40 (+2.04%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$68.33▼$71.0750-Day Range$68.68▼$84.8852-Week Range$49.50▼$85.87Volume625,353 shsAverage Volume310,213 shsMarket Capitalization$2.36 billionP/E Ratio39.82Dividend Yield2.84%Price Target$93.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Silicon Motion Technology alerts: Email Address Silicon Motion Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside32.9% Upside$93.13 Price TargetShort InterestHealthy2.64% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.88Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth52.82%From $2.84 to $4.34 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.4.90 out of 5 starsComputer And Technology Sector25th out of 612 stocksSemiconductors & Related Devices Industry8th out of 89 stocks 4.5 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 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Silicon Motion Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.64% 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 2.5, 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 31.10%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 2.90%, 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 45.85% next year. This indicates that Silicon Motion Technology will be able to sustain or increase its dividend.Read more about Silicon Motion Technology's 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 0.88. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Silicon Motion Technology this week, compared to 3 articles on an average week.Search Interest14 people have searched for SIMO on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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.Read more about Silicon Motion Technology's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Silicon Motion Technology are expected to grow by 52.82% in the coming year, from $2.84 to $4.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 39.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 39.82, 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 222.75.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSilicon Motion Technology has a P/B Ratio of 3.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Silicon Motion Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop 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 HeadlinesJuly 17, 2024 | americanbankingnews.comSilicon Motion Technology Co. (NASDAQ:SIMO) Declares $0.50 Quarterly DividendJune 3, 2024 | prnewswire.comSilicon Motion Unveils New USB Display Interface SoC Enabling Cost-Effective Universal Docking Stations with Support for Multiple Ultra-High Definition Displays.July 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 29, 2024 | prnewswire.comSilicon Motion Unveils Next-Generation Ultra-Fast, Single-Chip Controller for High-Density Portable SSDs, Ideally Suited for Next-Generation AI Smart Devices and Gaming ConsolesMay 21, 2024 | finance.yahoo.comSilicon Motion Technology (NASDAQ:SIMO) May Have Issues Allocating Its CapitalMay 14, 2024 | seekingalpha.comSilicon Motion: NAND Flash Is Coming Back - Initiating With A BuyMay 7, 2024 | msn.comMorgan Stanley Upgrades Silicon Motion Technology Corporation - Depositary Receipt () (SIMO)May 6, 2024 | benzinga.comSilicon Motion Technology Stock: A Deep Dive Into Analyst Perspectives (11 Ratings)July 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.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 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 DividendSee 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 Earnings5/02/2024Ex-Dividend for 5/23 Dividend5/08/2024Dividend Payable5/23/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Ex-Dividend for 8/22 Dividend8/08/2024Dividend Payable8/22/2024Fiscal 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) 307-4768Fax852-2307-4368Employees1,546Year Founded1995Price Target and Rating Average Stock Price Target$93.13 High Stock Price Target$112.00 Low Stock Price Target$75.00 Potential Upside/Downside+32.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.76 Trailing P/E Ratio39.82 Forward P/E Ratio24.68 P/E Growth0.68Net Income$52.87 million Net Margins8.34% Pretax Margin9.76% Return on Equity7.78% Return on Assets5.95% Debt Debt-to-Equity RatioN/A Current Ratio3.80 Quick Ratio2.60 Sales & Book Value Annual Sales$639.14 million Price / Sales3.69 Cash Flow$2.12 per share Price / Cash Flow33.00 Book Value$21.99 per share Price / Book3.19Miscellaneous Outstanding Shares33,680,000Free Float31,883,000Market Cap$2.36 billion OptionableOptionable Beta0.86 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for August 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsCEVANASDAQ:CEVAXperiNASDAQ:XPERCanaanNASDAQ:CANAmkor TechnologyNASDAQ:AMKRLattice SemiconductorNASDAQ:LSCCView All CompetitorsInstitutional OwnershipSkylands Capital LLCSold 500 shares on 7/26/2024Ownership: 0.114%Summit Securities Group LLCSold 1,000 shares on 7/26/2024Ownership: 0.000%Easterly Investment Partners LLCSold 27,133 shares on 7/25/2024Ownership: 0.651%LRI Investments LLCBought 1,994 shares on 7/24/2024Ownership: 0.012%Naples Global Advisors LLCBought 525 shares on 7/18/2024Ownership: 0.052%View All Institutional Transactions SIMO Stock Analysis - Frequently Asked Questions How have SIMO shares performed this year? Silicon Motion Technology's stock was trading at $61.27 at the beginning of 2024. Since then, SIMO stock has increased by 14.4% and is now trading at $70.08. View the best growth stocks for 2024 here. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) issued its quarterly earnings results on Thursday, May, 2nd. The semiconductor producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. The semiconductor producer earned $189.31 million during the quarter, compared to analysts' expectations of $180.23 million. Silicon Motion Technology had a trailing twelve-month return on equity of 7.78% and a net margin of 8.34%. 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. Who are Silicon Motion Technology's major shareholders? Silicon Motion Technology's top institutional investors include Reinhart Partners LLC. (2.24%), Easterly Investment Partners LLC (0.65%), Harbor Capital Advisors Inc. (0.19%) and Skylands Capital LLC (0.11%). 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. What other stocks do shareholders of Silicon Motion Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Silicon Motion Technology investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Gilead Sciences (GILD), Netflix (NFLX) and AbbVie (ABBV). 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