Silicon Motion Technology Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 2 hold ratings and 6 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.

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Silicon Motion Technology saw a decline in short interest in March. As of March 31st, there was short interest totaling 377,000 shares, a decline of 42.4% from the March 15th total of 654,700 shares. Based on an average daily trading volume, of 560,600 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.1% of the company's shares are sold short.
View Silicon Motion Technology's Short Interest.

Silicon Motion Technology is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Silicon Motion Technology.

Silicon Motion Technology will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Silicon Motion Technology Co. (NASDAQ:SIMO) posted its quarterly earnings results on Tuesday, February, 2nd. The semiconductor producer reported $0.86 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.15. The semiconductor producer had revenue of $143.90 million for the quarter, compared to analyst estimates of $143.08 million. Silicon Motion Technology had a net margin of 18.92% and a trailing twelve-month return on equity of 18.13%. Silicon Motion Technology's revenue for the quarter was down 6.1% on a year-over-year basis. During the same period last year, the business earned $0.96 earnings per share.
View Silicon Motion Technology's earnings history.

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 80.5% and is now trading at $66.42.
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Silicon Motion Technology declared a quarterly dividend on Wednesday, January 27th. Investors of record on Tuesday, February 16th will be given a dividend of $0.35 per share on Friday, February 26th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Friday, February 12th.
View Silicon Motion Technology's dividend history.

Silicon Motion Technology pays an annual dividend of $1.39 per share and currently has a dividend yield of 2.00%. Silicon Motion Technology does not yet have a strock track record of dividend growth. The dividend payout ratio of Silicon Motion Technology is 76.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 46.64% next year. This indicates that Silicon Motion Technology will be able to sustain or increase its dividend.
View Silicon Motion Technology's dividend history.

Silicon Motion Technology updated its first quarter 2021 Pre-Market earnings guidance on Thursday, April, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $179.871-179.871 million, compared to the consensus revenue estimate of $156.45 million.

8 brokers have issued 12 month target prices for Silicon Motion Technology's shares. Their forecasts range from $45.00 to $100.00. On average, they anticipate Silicon Motion Technology's stock price to reach $69.50 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for Silicon Motion Technology or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Silicon Motion Technology include First Solar (FSLR), AU Optronics (AUOTY), BE Semiconductor Industries (BESIY), Sumco (SUOPY), Lattice Semiconductor (LSCC), Silicon Laboratories (SLAB), Dialog Semiconductor (DLGNF), Amkor Technology (AMKR), CMC Materials (CCMP), Allegro MicroSystems (ALGM), Power Integrations (POWI), Cirrus Logic (CRUS), SunPower (SPWR), Synaptics (SYNA) and Daqo New Energy (DQ).
View all of SIMO's competitors.

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 Group (MRVL).

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

Silicon Motion Technology's stock is owned by a variety of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.26%), Hodges Capital Management Inc. (0.06%), Canandaigua National Corp (0.01%) and Fulton Bank N.A. (0.01%).

SIMO stock was sold by a variety of institutional investors in the last quarter, including Fulton Bank N.A..

SIMO stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Hodges Capital Management Inc., and Canandaigua National Corp.

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.
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One share of SIMO stock can currently be purchased for approximately $66.42.

Silicon Motion Technology has a market capitalization of $2.33 billion and generates $457.25 million in revenue each year. The semiconductor producer earns $64.40 million in net income (profit) each year or $1.82 on an earnings per share basis.

Silicon Motion Technology employs 1,250 workers across the globe.

The official website for Silicon Motion Technology is www.siliconmotion.com.

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

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]