NASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Forecast, Price & News $64.46 +1.52 (+2.41%) (As of 04:32 PM ET) Add Compare Share Share Today's Range$62.39▼$64.6450-Day Range$51.63▼$66.1752-Week Range$51.53▼$93.88Volume532,966 shsAverage Volume393,639 shsMarket Capitalization$2.13 billionP/E Ratio16.74Dividend Yield0.76%Price Target$102.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Silicon Motion Technology MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside58.2% Upside$102.00 Price TargetShort InterestHealthy2.24% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth69.83%From $2.32 to $3.94 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.3.14 out of 5 starsComputer And Technology Sector9th out of 604 stocksSemiconductors & Related Devices Industry2nd out of 87 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 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $102.00, Silicon Motion Technology has a forecasted upside of 58.2% from its current price of $64.46.Amount of Analyst CoverageSilicon Motion Technology has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.24% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silicon Motion Technology has recently decreased by 6.03%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology has a dividend yield of 0.81%, which is in 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 12.73%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 12.44% 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 3.2 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 0.70. 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 0.50 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 2 articles on an average week.Search Interest7 people have searched for SIMO on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat Follows2 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 Institutions66.67% 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 69.83% in the coming year, from $2.32 to $3.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 16.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 16.74, 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 324.91.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 5.27. 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 2.85. 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 (NASDAQ:SIMO) StockSilicon Motion Technology Corp. engages in the development, manufacture, and supply of semiconductor products for the electronics market. Its products include Flash Controllers, Storage Solutions, and others. It offers embedded and expandable storage, radio frequency integrated circuits and embedded graphics. The company was founded in November 1995 and is headquartered in Hong Kong.Read More 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 SIMO Stock News HeadlinesMay 26, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Trading 5.2% Higher May 26, 2023 | americanbankingnews.comSilicon Motion Technology Sees Unusually Large Options Volume (NASDAQ:SIMO)June 2, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 24, 2023 | benzinga.comThis Is What Whales Are Betting On Silicon Motion TechnologyMay 24, 2023 | msn.comUnusual Call Option Trade in Silicon Motion Technology Corp - ADR (SIMO) Worth $270.00KMay 24, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Sets New 1-Year Low at $51.74May 22, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Price Target Raised to $104.00May 22, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Receives New Coverage from Analysts at StockNews.comJune 2, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 21, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Sees Large Volume Increase After Analyst UpgradeMay 19, 2023 | msn.comWedbush Maintains Silicon Motion Technology Corp - ADR (SIMO) Outperform RecommendationMay 16, 2023 | msn.comBest Semiconductor Stock to Buy Now: ASML vs. NVTS vs. SIMOMay 12, 2023 | msn.comNeedham Maintains Silicon Motion Technology Corp - ADR (SIMO) Buy RecommendationMay 8, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) and Maxeon Solar Technologies (NASDAQ:MAXN) Critical ComparisonMay 5, 2023 | msn.comSilicon Motion Technology reports misses Q1 top and bottom consensusMay 4, 2023 | finance.yahoo.comSilicon Motion Announces Results for the Period Ended March 31, 2023May 3, 2023 | finance.yahoo.comMaxLinear, Inc. (NASDAQ:MXL) Q1 2023 Earnings Call TranscriptMay 3, 2023 | americanbankingnews.comSilicon Motion Technology (SIMO) to Post Quarterly Earnings on ThursdayApril 25, 2023 | seekingalpha.comWhy Silicon Motion Technology's Stock Is A Good Hedge Against Potential DownsideApril 24, 2023 | finance.yahoo.comSIMO Apr 2023 50.000 putApril 21, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) & Navitas Semiconductor (NASDAQ:NVTS) Critical ComparisonApril 20, 2023 | msn.comSusquehanna Maintains Silicon Motion Technology Corp - ADR (SIMO) Positive RecommendationApril 19, 2023 | thestreet.comSilicon Motion Technology Stock Gaps Up On Today's Open (SIMO)April 19, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Price Target Cut to $106.00April 19, 2023 | americanbankingnews.comSilicon Motion Technology Co. (NASDAQ:SIMO) Receives Average Recommendation of "Moderate Buy" from AnalystsApril 16, 2023 | americanbankingnews.comHead to Head Comparison: Dialog Semiconductor (OTCMKTS:DLGNF) versus Silicon Motion Technology (NASDAQ:SIMO)April 7, 2023 | finance.yahoo.comSilicon Motion To Release First Quarter 2023 Financial Results on May 4See More Headlines SIMO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SIMO Company Calendar Last Earnings2/07/2023Today6/02/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get 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 Forecast$102.00 High Stock Price Forecast$108.00 Low Stock Price Forecast$85.00 Forecasted Upside/Downside+58.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.85 Trailing P/E Ratio16.74 Forward P/E Ratio27.78 P/E Growth5.27Net Income$172.51 million Net Margins15.48% Pretax Margin19.09% Return on Equity18.18% Return on Assets13.53% Debt Debt-to-Equity RatioN/A Current Ratio5.51 Quick Ratio3.23 Sales & Book Value Annual Sales$828.01 million Price / Sales2.57 Cash Flow$6.10 per share Price / Cash Flow10.57 Book Value$22.64 per share Price / Book2.85Miscellaneous Outstanding Shares33,054,000Free Float31,289,000Market Cap$2.13 billion OptionableOptionable Beta0.90 Social Links Key ExecutivesWallace C. KouPresident, Chief Executive Officer & DirectorKen ChenVice President-OperationsRiyadh LaiChief Financial OfficerNelson S. DuannDirector, Senior Vice President-Marketing, R&DKevin YehVP-Technology, Algorithm Research & DevelopmentKey CompetitorsOSI SystemsNASDAQ:OSISSiTimeNASDAQ:SITMViavi SolutionsNASDAQ:VIAVMaxLinearNYSE:MXLFormFactorNASDAQ:FORMView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCSold 11,244 shares on 6/1/2023Ownership: 0.188%Macquarie Group Ltd.Sold 266 shares on 6/1/2023Ownership: 0.067%Mint Tower Capital Management B.V.Bought 1,730 shares on 5/24/2023Ownership: 0.040%Toroso Investments LLCBought 456 shares on 5/23/2023Ownership: 0.024%Ameriprise Financial Inc.Sold 241 shares on 5/22/2023Ownership: 0.076%View All Institutional Transactions SIMO Stock - Frequently Asked Questions Should I buy or sell Silicon Motion Technology stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 3 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 forecast for 2023? 3 equities research analysts have issued 12-month price targets for Silicon Motion Technology's shares. Their SIMO share price forecasts range from $85.00 to $108.00. On average, they anticipate the company's stock price to reach $102.00 in the next year. This suggests a possible upside of 58.2% 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 start of the year. Since then, SIMO stock has decreased by 0.8% and is now trading at $64.46. 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 Wednesday, July 26th 2023. View our SIMO earnings forecast. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) issued its quarterly earnings data on Tuesday, February, 7th. The semiconductor producer reported $1.22 EPS for the quarter, missing analysts' consensus estimates of $1.38 by $0.16. The semiconductor producer earned $200.76 million during the quarter, compared to analysts' expectations of $256.71 million. Silicon Motion Technology had a net margin of 15.48% and a trailing twelve-month return on equity of 18.18%. The firm's quarterly revenue was down 24.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.73 earnings per share. 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 14th. Investors of record on Thursday, August 11th will be given a dividend of $0.50 per share on Thursday, August 25th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Wednesday, August 10th. Read our dividend analysis for SIMO. What ETFs hold Silicon Motion Technology's stock? ETFs with the largest weight of Silicon Motion Technology (NASDAQ:SIMO) stock in their portfolio include Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and Formidable ETF (FORH).Emerge EMPWR Unified Sustainable Equity ETF (EMPW). Is Silicon Motion Technology a good dividend stock? Silicon Motion Technology (NASDAQ:SIMO) pays an annual dividend of $0.49 per share and currently has a dividend yield of 0.81%. The dividend payout ratio is 12.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIMO will have a dividend payout ratio of 12.44% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SIMO. 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). 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 institutional and retail investors. Top institutional investors include Antara Capital LP (0.00%), Sand Grove Capital Management LLP (2.62%), Bluefin Capital Management LLC (0.00%), Hawk Ridge Capital Management LP (2.01%), State Street Corp (2.01%) and Group One Trading L.P. (0.00%). 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. What is Silicon Motion Technology's stock price today? One share of SIMO stock can currently be purchased for approximately $64.46. How much money does Silicon Motion Technology make? Silicon Motion Technology (NASDAQ:SIMO) has a market capitalization of $2.13 billion and generates $828.01 million in revenue each year. The semiconductor producer earns $172.51 million in net income (profit) each year or $3.85 on an earnings per share basis. How many employees does Silicon Motion Technology have? The company employs 1,643 workers across the globe. 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 official website for the company is www.siliconmotion.com. The semiconductor producer can be reached via phone at (522) 307-4768, via email at ir@siliconmotion.com, or via fax at 852-2307-4368. This page (NASDAQ:SIMO) was last updated on 6/2/2023 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. 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