About Silicon Motion Technology (NASDAQ:SIMO)
Silicon Motion Technology Corporation is a fabless semiconductor company. The Company designs, develops and markets low-power semiconductor solutions to original equipment manufacturers (OEMs) and other customers in the mobile storage and mobile communications markets. It is engaged in developing negative-AND (NAND) flash controller integrated circuits (ICs) for solid-state storage devices and specialty radio frequency (RF) ICs for mobile devices. In the mobile storage market, the Company's products are controllers used in embedded storage products, such as Solid State Drives (SSDs), and Embedded Multimedia Cards (eMMCs), as well as expandable storage products, such as flash memory cards and universal serial bus (USB) flash drives. For the mobile communications market, the Company's products are handset transceivers and mobile television (TV) System on Chips (SoCs). The Company's products are used in devices, such as smartphones, tablets and personal computers (PCs).
Industry, Sector and Symbol
SectorComputer and Technology
Trailing P/E Ratio21.9376054692571
Forward P/E Ratio15.41
Sales & Book Value
Annual Sales$523.40 million
Price / Sales3.09
Cash Flow$2.15 per share
Price / Cash21.26
Book Value$13.99 per share
Price / Book3.27
Net Income$75.03 million
Return on Equity15.33%
Return on Assets11.63%
Silicon Motion Technology (NASDAQ:SIMO) Frequently Asked Questions
What is Silicon Motion Technology's stock symbol?
Silicon Motion Technology trades on the NASDAQ under the ticker symbol "SIMO."
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, February 26th. Stockholders of record on Thursday, August 9th will be paid a dividend of $0.30 per share on Wednesday, August 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend is Wednesday, August 8th. View Silicon Motion Technology's Dividend History.
How will Silicon Motion Technology's stock buyback program work?
Silicon Motion Technology announced that its Board of Directors has authorized a share repurchase program on Tuesday, August 1st 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 13.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.
How were Silicon Motion Technology's earnings last quarter?
Silicon Motion Technology Corp. (NASDAQ:SIMO) announced its quarterly earnings results on Tuesday, February, 6th. The semiconductor producer reported $0.27 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.48 by $0.21. The semiconductor producer had revenue of $136.17 million for the quarter, compared to analyst estimates of $135 million. Silicon Motion Technology had a net margin of 14.34% and a return on equity of 15.33%. View Silicon Motion Technology's Earnings History.
When will Silicon Motion Technology make its next earnings announcement?
Where is Silicon Motion Technology's stock going? Where will Silicon Motion Technology's stock price be in 2018?
13 analysts have issued 12 month price objectives for Silicon Motion Technology's stock. Their forecasts range from $45.00 to $68.75. On average, they anticipate Silicon Motion Technology's share price to reach $56.70 in the next twelve months. View Analyst Ratings for Silicon Motion Technology.
What are Wall Street analysts saying about Silicon Motion Technology stock?
Here are some recent quotes from research analysts about Silicon Motion Technology stock:
- 1. According to Zacks Investment Research, "Silicon Motion is a leading merchant supplier of client SSD controller to module makers, including most market leaders in the U.S., Taiwan and China. The company’s collaborations with flash vendors with the aim of developing proprietary controller technology aids it to overcome existing weakness of 3D NAND and outshine peers. Further, the company expects the increase in the availability of 64 layer 3D NAND to bring down high NAND prices, which will eventually improve results. Moreover, an expanding customer base and innovative products act as tailwinds for the company’s top-line growth. Acquisitions in the past have also contributed to it’s overall growth. However, intensifying competition in the USB flash drive controller market remains a headwind. Anticipated dip in smartphones sales might prove to be a drag on the revenues." (3/8/2018)
- 2. Needham & Company LLC analysts commented, "While SIMO came roughly in-line this quarter, the 4Q17 guide was light. We continue to believe that SIMO’s SSD business is set for a rebound in 4Q17 and throughout 2018 but note that the current high NAND pricing environment could slow its Client SSD ramp as the business is sensitive to NAND prices. Despite the short term headwinds we see a number of drivers in 4Q17 and beyond: market leader in Client SSDs – we expect growth of ~38% Y/Y in 2018 as next gen 3D NAND come online and PCIe NVMe opening up new opportunities, still early in the HDD-> SSD transition, and strong/stable relations with SK Hynix means low risk towards ~30% total market share in eMMC." (10/27/2017)
- 3. B. Riley analysts commented, "We nudge our estimates higher to better align with the company’s strong preliminary results relative to guidance. As such, we increase projected Q3 revenue and EPS from $125.5MM/$0.57 to $126.4MM/$0.58, and with some revenue and earnings follow through into Q4 and FY ‘18e and ‘19e as well." (10/25/2017)
Who are some of Silicon Motion Technology's key competitors?
Some companies that are related to Silicon Motion Technology include Tower Semiconductor (TSEM), Cabot Microelectronics (CCMP), Vishay Intertechnology (VSH), Cirrus Logic (CRUS), Semtech (SMTC), Amkor Technology (AMKR), Dialog Semiconduct (DLGNF), Power Integrations (POWI), Ambarella (AMBA), Synaptics (SYNA), MaxLinear (MXL), Diodes (DIOD), Rambus (RMBS), IQE (IQEPF), Inphi (IPHI), MACOM Technology Solutions (MTSI), Himax Technologies (HIMX) and FormFactor (FORM).
Who are Silicon Motion Technology's key executives?
Silicon Motion Technology's management team includes the folowing people:
- James Chow, Chairman of the Board (Age 63)
- Wallace C. Kou, President, Chief Executive Officer, Director (Age 56)
- Riyadh Lai, Chief Financial Officer (Age 45)
- Sangwoo Han, Senior Vice President, General Manager - Mobile Communications (Age 45)
- Ken Chen, Vice President - Operations (Age 52)
- Frank Chang, Vice President - Research & Development, Mobile Storage (Age 48)
- Jong Ryul Lee, Vice President - Research & Development, Mobile Communications (Age 50)
- Frank Jucheng Shu, Vice President - Research & Development, SSD System Technology and VCT (Age 58)
- Kevin Yeh, Vice President - Research & Development, Algorithm and Technology (Age 50)
- Jason Chiang, Vice President - Human Resources and Administration, Special Assistant to Chief Executive Officer (Age 46)
Has Silicon Motion Technology been receiving favorable news coverage?
News coverage about SIMO stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silicon Motion Technology earned a media sentiment score of 0.18 on Accern's scale. They also gave news headlines about the semiconductor producer an impact score of 47.15 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Silicon Motion Technology's major shareholders?
Silicon Motion Technology's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Lazard Asset Management LLC (6.18%), ARGA Investment Management LP (5.91%), Investec Asset Management LTD (4.47%), Cardinal Capital Management LLC CT (3.56%), Park West Asset Management LLC (3.24%) and Royce & Associates LP (2.18%). View Institutional Ownership Trends for Silicon Motion Technology.
Which institutional investors are selling Silicon Motion Technology stock?
SIMO stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Peregrine Capital Management LLC, Wells Fargo & Company MN, Royce & Associates LP, Suffolk Capital Management LLC, Baird Financial Group Inc., Tributary Capital Management LLC and William Blair Investment Management LLC. View Insider Buying and Selling for Silicon Motion Technology.
Which institutional investors are buying Silicon Motion Technology stock?
SIMO stock was acquired by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Park West Asset Management LLC, Sylebra HK Co Ltd, ARGA Investment Management LP, Millennium Management LLC, Two Sigma Investments LP, State of Tennessee Treasury Department and Cardinal Capital Management LLC CT. View Insider Buying and Selling for Silicon Motion Technology.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Silicon Motion Technology's stock price today?
One share of SIMO stock can currently be purchased for approximately $45.77.
How big of a company is Silicon Motion Technology?
Silicon Motion Technology has a market capitalization of $1.65 billion and generates $523.40 million in revenue each year. The semiconductor producer earns $75.03 million in net income (profit) each year or $2.08 on an earnings per share basis. Silicon Motion Technology employs 1,122 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 F5, 302. The semiconductor producer can be reached via phone at 886-3552-6888 or via email at [email protected]
MarketBeat Community Rating for Silicon Motion Technology (SIMO)MarketBeat's community ratings are surveys of what our community members think about Silicon Motion Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Silicon Motion Technology (NASDAQ:SIMO) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.77||2.77||2.86||2.79|
|Ratings Breakdown: ||1 Sell Rating(s)|
1 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
1 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$56.70||$56.56||$57.85||$56.60|
|Price Target Upside: ||23.89% upside||24.12% upside||10.73% upside||28.10% upside|
Silicon Motion Technology (NASDAQ:SIMO) Consensus Price Target History
Silicon Motion Technology (NASDAQ:SIMO) Analyst Ratings History
(Data available from 3/22/2016 forward)
Silicon Motion Technology (NASDAQ:SIMO) Earnings History and Estimates Chart
Silicon Motion Technology (NASDAQ SIMO) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/6/2018||Q4 2017||$0.48||$0.27||$135.00 million||$136.17 million||View||N/A|
|10/27/2017||9/30/2017||$0.56||$0.57||$127.24 million||$127.20 million||View||N/A|
|7/31/2017||6/30/2017||$0.73||$0.69||$132.92 million||$132.70 million||View||N/A|
|4/27/2017||Q1 2017||$0.57||$0.66||$125.96 million||$127.29 million||View||N/A|
|1/23/2017||12/31/2016||$0.89||$0.95||$141.72 million||$144.20 million||View||Listen|
|10/27/2016||Q3||$0.94||$1.07||$149.16 million||$158.60 million||View||Listen|
|7/21/2016||Q2||$0.76||$0.86||$139.20 million||$140.69 million||View||Listen|
|4/27/2016||Q116||$0.65||$0.68||$106.23 million||$112.68 million||View||Listen|
|1/28/2016||Q4||$0.56||$0.55||$96.78 million||$98.04 million||View||Listen|
|10/28/2015||Q315||$0.40||$0.57||$93.80 million||$95.40 million||View||Listen|
|7/27/2015||Q215||$0.50||$0.51||$86.29 million||$87.21 million||View||Listen|
|4/27/2015||Q115||$0.44||$0.48||$79.70 million||$80.60 million||View||Listen|
|1/26/2015||Q414||$0.46||$0.48||$80.60 million||$80.50 million||View||Listen|
|10/29/2014||Q314||$0.54||$0.57||$81.40 million||$86.60 million||View||Listen|
|7/28/2014||Q214||$0.32||$0.41||$62.90 million||$69.41 million||View||Listen|
|4/28/2014||Q114||$0.19||$0.16||$50.57 million||$52.85 million||View||Listen|
|1/28/2014||Q413||$0.21||$0.30||$51.82 million||$52.49 million||View||Listen|
|10/25/2013||Q313||$0.23||$0.32||$57.99 million||$57.13 million||View||Listen|
|7/29/2013||Q2 2013||$0.26||$0.27||$58.46 million||$58.32 million||View||Listen|
|4/25/2013||Q1 2013||$0.22||$0.17||$56.66 million||$57.37 million||View||Listen|
|2/4/2013||Q4 2012||$0.38||$0.36||$72.57 million||$70.61 million||View||Listen|
|10/24/2012||Q312||$0.46||$0.54||$74.44 million||$77.10 million||View||N/A|
Silicon Motion Technology (NASDAQ:SIMO) Earnings Estimates
2018 EPS Consensus Estimate: $2.98
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Silicon Motion Technology (NASDAQ:SIMO) Dividend Information
|Payout Ratio:||47.60% (Trailing 12 Months of Earnings) |
33.33% (Based on This Year's Estimates)
27.50% (Based on Next Year's Estimates)
Silicon Motion Technology (NASDAQ:SIMO) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Silicon Motion Technology (NASDAQ SIMO)
No insider trades for this company have been tracked by MarketBeat.com
Silicon Motion Technology (NASDAQ SIMO) News Headlines
|Is Silicon Motion Technology Corporation (NASDAQ:SIMO) A Financially Sound Company?|
finance.yahoo.com - March 20 at 8:25 AM
|Silicon Motion Technology Corp. (SIMO) Expected to Post Quarterly Sales of $129.56 Million|
www.americanbankingnews.com - March 19 at 7:05 AM
|Silicon Motion Technology Corp. (SIMO) Expected to Announce Earnings of $0.64 Per Share|
www.americanbankingnews.com - March 17 at 1:16 AM
|Analysis: Positioning to Benefit within Capella Education, Access National, Randgold Resources, Diodes, Silicon Motion Technology, and Retrophin — Research Highlights Growth, Revenue, and Consolidated Results|
finance.yahoo.com - March 16 at 8:17 AM
|Silicon Motion Technology Corp. (SIMO) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - March 14 at 3:26 AM
|Silicon Motion Technology (SIMO) Upgraded to Hold by Zacks Investment Research|
www.americanbankingnews.com - March 8 at 6:47 PM
|Traders Purchase High Volume of Put Options on Silicon Motion Technology (SIMO)|
www.americanbankingnews.com - March 7 at 7:26 AM
|Investec Asset Management LTD Has $83.59 Million Holdings in Silicon Motion Technology Corp. (SIMO)|
www.americanbankingnews.com - March 2 at 3:47 PM
|Lazard Asset Management LLC Buys 21,773 Shares of Silicon Motion Technology Corp. (SIMO)|
www.americanbankingnews.com - March 2 at 2:32 PM
|Cardinal Capital Management LLC CT Purchases 119,700 Shares of Silicon Motion Technology Corp. (SIMO)|
www.americanbankingnews.com - March 2 at 5:23 AM
|State of Tennessee Treasury Department Takes Position in Silicon Motion Technology Corp. (SIMO)|
www.americanbankingnews.com - March 1 at 6:14 PM
|Cortina Asset Management LLC Has $8 Million Position in Silicon Motion Technology Corp. (SIMO)|
www.americanbankingnews.com - February 28 at 1:27 PM
|Silicon Motion annonce les premiers SSD à puce unique NVMe PCIe au monde, dotés de fonctionnalités de protection des données pour l'entreprise|
www.prnewswire.com - February 27 at 1:43 PM
|Silicon Motion kündigt welterste PCIe NVMe Single-Chip SSDs mit Datenschutzfunktionen auf Enterprise-Niveau an|
www.prnewswire.com - February 27 at 1:43 PM
|Silicon Motion Technology Corp. Plans Quarterly Dividend of $0.30 (SIMO)|
www.americanbankingnews.com - February 26 at 7:08 PM
|The Manufacturers Life Insurance Company Purchases 59,647 Shares of Silicon Motion Technology Corp. (SIMO)|
www.americanbankingnews.com - February 26 at 9:08 AM
|Baird Financial Group Inc. Reduces Position in Silicon Motion Technology Corp. (SIMO)|
www.americanbankingnews.com - February 25 at 4:18 AM
|Silicon Motion Technology Corp. (SIMO) Given Consensus Rating of "Buy" by Brokerages|
www.americanbankingnews.com - February 17 at 3:20 AM
|Silicon Motion Technology Corp. (SIMO) Announces $0.30 Quarterly Dividend|
www.americanbankingnews.com - February 16 at 6:46 PM
|$129.62 Million in Sales Expected for Silicon Motion Technology Corp. (SIMO) This Quarter|
www.americanbankingnews.com - February 13 at 5:04 AM
|Silicon Motion Technology (SIMO) Cut to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - February 12 at 3:48 PM
|Asian ADRs Move Higher/Lower in Monday Trading|
www.nasdaq.com - February 12 at 3:43 PM
|Brokers Offer Predictions for Silicon Motion Technology Corp.'s Q1 2018 Earnings (SIMO)|
www.americanbankingnews.com - February 12 at 2:00 AM
|Critical Review: Advanced Micro Devices (AMD) & Silicon Motion Technology (SIMO)|
www.americanbankingnews.com - February 11 at 11:02 PM
| Brokerages Expect Silicon Motion Technology Corp. (SIMO) Will Post Earnings of $0.63 Per Share|
www.americanbankingnews.com - February 11 at 9:26 AM
|Silicon Motion Technology (SIMO) Downgraded to Hold at BidaskClub|
www.americanbankingnews.com - February 11 at 6:54 AM
|Critical Contrast: Intel (INTC) & Silicon Motion Technology (SIMO)|
www.americanbankingnews.com - February 10 at 7:24 AM
|Q3 2018 EPS Estimates for Silicon Motion Technology Corp. (SIMO) Increased by B. Riley|
www.americanbankingnews.com - February 9 at 11:36 AM
|Silicon Motion (SIMO) Q4 Earnings & Revenues Beat Estimates|
finance.yahoo.com - February 8 at 3:41 PM
|Silicon Motion Technology Corp. (SIMO) Forecasted to Post FY2017 Earnings of $2.29 Per Share|
www.americanbankingnews.com - February 8 at 8:24 AM
|Silicon Motion Technology (SIMO) Earns Buy Rating from KeyCorp|
www.americanbankingnews.com - February 8 at 12:42 AM
|Brokers Set Expectations for Silicon Motion Technology Corp.'s Q1 2018 Earnings (SIMO)|
www.americanbankingnews.com - February 7 at 9:31 AM
|Silicon Motion Technology (SIMO) Tops Q4 EPS by 17c; Guides Revs In-Line|
www.streetinsider.com - February 7 at 9:26 AM
|Silicon Motion Announces Results for the Period Ended December 31, 2017|
finance.yahoo.com - February 7 at 9:26 AM
|Silicon Motion beats 4Q profit forecasts|
finance.yahoo.com - February 7 at 9:26 AM
|Silicon Motion Confirms Quarterly Dividend - GlobeNewswire (press release)|
globenewswire.com - February 5 at 3:40 PM
|Silicon Motion Technology (SIMO) Declares $0.30 Quarterly Dividend; 2.4% Yield|
www.streetinsider.com - February 5 at 9:25 AM
|Silicon Motion Confirms Quarterly Dividend|
finance.yahoo.com - February 5 at 9:25 AM
|Silicon Motion Technology (SIMO) Set to Announce Earnings on Tuesday|
www.americanbankingnews.com - January 30 at 4:24 AM
|Silicon Motion Technology (SIMO) Upgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - January 26 at 7:34 PM
|Silicon Motion Technology Corp. (SIMO) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - January 23 at 3:46 AM
|Should You Be Tempted To Buy Silicon Motion Technology Corporation (NASDAQ:SIMO) At Its Current PE Ratio?|
finance.yahoo.com - January 18 at 11:02 AM
|Silicon Motion Technology (SIMO) Earns "Buy" Rating from Needham & Company LLC|
www.americanbankingnews.com - January 17 at 4:42 PM
|3 Factors Prompt Susquehanna Downgrade Of Silicon Motion Technology - Benzinga|
www.benzinga.com - January 17 at 3:30 PM
|Silicon Motion Technology (SIMO) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - January 17 at 3:12 PM
|3 Factors Prompt Susquehanna Downgrade Of Silicon Motion Technology|
finance.yahoo.com - January 17 at 11:27 AM
|Silicon Motion Technology's (SIMO) "Neutral" Rating Reaffirmed at Susquehanna Bancshares|
www.americanbankingnews.com - January 16 at 8:44 AM
| Brokerages Expect Silicon Motion Technology Corp. (SIMO) Will Post Quarterly Sales of $135.07 Million|
www.americanbankingnews.com - January 10 at 8:16 PM
|Mid-Morning Market Update: Markets Open Lower; Lennar Earnings Miss Expectations - Benzinga|
www.benzinga.com - January 10 at 11:07 AM
|Silicon Motion Technology (SIMO) Stock Rating Lowered by Nomura|
www.americanbankingnews.com - January 10 at 10:42 AM
Silicon Motion Technology (NASDAQ:SIMO) SEC Filings
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Silicon Motion Technology (NASDAQ:SIMO) Income Statement, Balance Sheet and Cash Flow Statement
Silicon Motion Technology (NASDAQ SIMO) Stock Chart for Thursday, March, 22, 2018