Silicon Motion Technology Stock Forecast, Price & News

+10.69 (+16.63 %)
(As of 07/30/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume2.20 million shs
Average Volume237,972 shs
Market Capitalization$2.62 billion
P/E Ratio23.88
Dividend Yield1.85%
30 days | 90 days | 365 days | Advanced Chart
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About Silicon Motion Technology

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers SSDs used in PCs and other devices, as well as eMMC and UFS mobile embedded storage used in smartphones and IOT devices. The company also provides enterprise-grade SSDs used in data centers; and small form-factor specialized SSDs 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 Ferri SSD and Ferri-eMMC brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Kowloon, Hong Kong.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

2.60 out of 5 stars

Computer And Technology Sector

89th out of 1,646 stocks

Semiconductors & Related Devices Industry

15th out of 151 stocks

Analyst Opinion: 1.3Community Rank: 5.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Silicon Motion Technology (NASDAQ:SIMO) Frequently Asked Questions

Is Silicon Motion Technology a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Silicon Motion Technology stock.
View analyst ratings for Silicon Motion Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Silicon Motion Technology?

Wall Street analysts have given Silicon Motion Technology a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Silicon Motion Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Silicon Motion Technology's next earnings date?

Silicon Motion Technology is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Silicon Motion Technology

How were Silicon Motion Technology's earnings last quarter?

Silicon Motion Technology Co. (NASDAQ:SIMO) released its earnings results on Wednesday, May, 5th. The semiconductor producer reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.27. The semiconductor producer earned $182.40 million during the quarter, compared to analyst estimates of $180 million. Silicon Motion Technology had a net margin of 16.27% and a trailing twelve-month return on equity of 18.80%.
View Silicon Motion Technology's earnings history

How has Silicon Motion Technology's stock been impacted by COVID-19 (Coronavirus)?

Silicon Motion Technology's stock was trading at $36.79 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SIMO stock has increased by 103.8% and is now trading at $74.99.
View which stocks have been most impacted by COVID-19

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 Thursday, July 15th. Shareholders of record on Thursday, August 5th will be given a dividend of $0.35 per share on Thursday, August 19th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Wednesday, August 4th.
View Silicon Motion Technology's dividend history

Is Silicon Motion Technology a good dividend stock?

Silicon Motion Technology pays an annual dividend of $1.39 per share and currently has a dividend yield of 1.85%. Silicon Motion Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Silicon Motion Technology is 60.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 25.32% next year. This indicates that Silicon Motion Technology will be able to sustain or increase its dividend.
View Silicon Motion Technology's dividend history.

What guidance has Silicon Motion Technology issued on next quarter's earnings?

Silicon Motion Technology updated its FY 2021 earnings guidance on Thursday, July, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $890 million-$917 million, compared to the consensus revenue estimate of $813.78 million.

What price target have analysts set for SIMO?

6 equities research analysts have issued 12-month price objectives for Silicon Motion Technology's shares. Their forecasts range from $46.00 to $100.00. On average, they expect Silicon Motion Technology's stock price to reach $81.67 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
View analysts' price targets for Silicon Motion Technology
or view top-rated stocks among Wall Street analysts.

Who are Silicon Motion Technology's key executives?

Silicon Motion Technology's management team includes the following people:
  • Mr. Chia-Chang Kou, Founder, Pres, CEO, MD & Director (Age 63)
  • Mr. Riyadh Lai, Chief Financial Officer (Age 52)
  • Mr. Ken Chen, VP of Operations (Age 60)
  • Mr. Kevin Yeh, VP of R&D, Algorithm and Technology (Age 57)
  • Mr. Christopher A. Chaney, Director of Investor Relations & Strategy
  • Mr. Arthur Yeh, VP of Sales, Asia & Greater China (Age 60)
  • Mr. Nelson S. Duann, Sr. VP of Marketing & R&D and Director (Age 52)
  • Mr. Robert C. Fan, Pres of SMI USA (Age 57)
  • Ms. Michelle Lin, VP of Fin. & Corp. Controller

What is Wallace C. Kou's approval rating as Silicon Motion Technology's CEO?

8 employees have rated Silicon Motion Technology CEO Wallace C. Kou on Wallace C. Kou has an approval rating of 76% among Silicon Motion Technology's employees.

Who are some of Silicon Motion Technology's key competitors?

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).

What is Silicon Motion Technology's stock symbol?

Silicon Motion Technology trades on the NASDAQ under the ticker symbol "SIMO."

Who are Silicon Motion Technology's major shareholders?

Silicon Motion Technology's stock is owned by a variety of retail and institutional investors. Top institutional investors include Rice Hall James & Associates LLC (2.17%), Hodges Capital Management Inc. (0.28%), Zweig DiMenna Associates LLC (0.25%), Advisors Asset Management Inc. (0.12%), Henry James International Management Inc. (0.07%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.03%).

Which major investors are selling Silicon Motion Technology stock?

SIMO stock was sold by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Cutler Group LP, Camelot Portfolios LLC, and Nelson Van Denburg & Campbell Wealth Management Group LLC.

Which major investors are buying Silicon Motion Technology stock?

SIMO stock was purchased by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Zweig DiMenna Associates LLC, Advisors Asset Management Inc., and Henry James International Management Inc..

How do I buy shares of Silicon Motion Technology?

Shares of SIMO 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.

What is Silicon Motion Technology's stock price today?

One share of SIMO stock can currently be purchased for approximately $74.99.

How much money does Silicon Motion Technology make?

Silicon Motion Technology has a market capitalization of $2.62 billion and generates $539.52 million in revenue each year. The semiconductor producer earns $79.75 million in net income (profit) each year or $2.28 on an earnings per share basis.

How many employees does Silicon Motion Technology have?

Silicon Motion Technology employs 1,323 workers across the globe.

What is Silicon Motion Technology's official website?

The official website for Silicon Motion Technology is

Where are Silicon Motion Technology's headquarters?

Silicon Motion Technology is headquartered at 8F-1 NO. 36 TAIYUAN STREET JHUBEI CITY, HSINCHU COUNTY F5, 302.

How can I contact Silicon Motion Technology?

Silicon Motion Technology's mailing address is 8F-1 NO. 36 TAIYUAN STREET JHUBEI CITY, HSINCHU COUNTY F5, 302. The semiconductor producer can be reached via phone at 886-3552-6888 or via email at [email protected]

This page was last updated on 8/1/2021 by Staff
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