NASDAQ:SIMO - Silicon Motion Technology Stock Price, Price Target & More

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

Silicon Motion Technology announced a quarterly dividend on Monday, February 26th. Investors of record on Thursday, August 9th will be given a dividend of $0.30 per share on Wednesday, August 22nd. This represents a $1.20 annualized dividend and a yield of 2.41%. The ex-dividend date is Wednesday, August 8th. View Silicon Motion Technology's Dividend History.

Silicon Motion Technology declared that its Board of Directors has initiated a share buyback program on Tuesday, August 1st 2017, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 13.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

Silicon Motion Technology Corp. (NASDAQ:SIMO) issued its quarterly earnings results on Friday, October, 27th. The semiconductor producer reported $0.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.01. The semiconductor producer had revenue of $127.20 million for the quarter, compared to the consensus estimate of $127.24 million. Silicon Motion Technology had a return on equity of 14.82% and a net margin of 14.17%. The firm's revenue was down 19.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.07 EPS. View Silicon Motion Technology's Earnings History.

Silicon Motion Technology is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Silicon Motion Technology.

15 equities research analysts have issued 1 year target prices for Silicon Motion Technology's stock. Their predictions range from $45.00 to $68.75. On average, they anticipate Silicon Motion Technology's share price to reach $56.9792 in the next twelve months. View Analyst Ratings for Silicon Motion Technology.

Some companies that are related to Silicon Motion Technology include UMC (UMC), Semiconductor Manufacturing International (SMI), Cypress Semiconductor (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Labs (SLAB), Mellanox Technologies (MLNX), Advantest (ATEYY), Integrated Device Technology (IDTI), AU Optronics (AUO), SolarEdge (SEDG), Semtech (SMTC) and Besi (BESIY).

Press coverage about SIMO stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Silicon Motion Technology earned a media sentiment score of 0.02 on Accern's scale. They also assigned press coverage about the semiconductor producer an impact score of 46.52 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Silicon Motion Technology's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (6.72%), ARGA Investment Management LP (5.94%), Cardinal Capital Management LLC CT (4.07%), JPMorgan Chase & Co. (2.20%), Northcape Capital Pty Ltd (2.06%) and Millennium Management LLC (1.96%). View Institutional Ownership Trends for Silicon Motion Technology.

SIMO stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., JPMorgan Chase & Co., Wells Fargo & Company MN, Cortina Asset Management LLC, Northern Trust Corp, Ashfield Capital Partners LLC, UBS Group AG and Envestnet Asset Management Inc.. View Insider Buying and Selling for Silicon Motion Technology.

SIMO stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Cardinal Capital Management LLC CT, Millennium Management LLC, Natixis Advisors L.P., Stifel Financial Corp, Denver Investment Advisors LLC, Susquehanna Fundamental Investments LLC and Trexquant Investment LP. View Insider Buying and Selling for 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.

One share of SIMO stock can currently be purchased for approximately $49.73.

Silicon Motion Technology has a market capitalization of $1.78 billion and generates $523.40 million in revenue each year. The semiconductor producer earns $74.95 million in net income (profit) each year or $2.09 on an earnings per share basis. Silicon Motion Technology employs 1,122 workers across the globe.

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]