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NASDAQ:SIMO

Silicon Motion Technology Stock Forecast, Price & News

$83.70
-0.33 (-0.39%)
(As of 06/30/2022 04:00 PM ET)
Add
Compare
Today's Range
$82.45
$83.98
50-Day Range
$75.93
$95.16
52-Week Range
$58.86
$98.65
Volume
234,693 shs
Average Volume
690,400 shs
Market Capitalization
$2.88 billion
P/E Ratio
13.22
Dividend Yield
2.39%
Price Target
$103.43
30 days | 90 days | 365 days | Advanced Chart

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SIMO Stock Forecast (MarketRank)

Overall MarketRank

2.71 out of 5 stars

Computer And Technology Sector

128th out of 937 stocks

Semiconductors & Related Devices Industry

26th out of 124 stocks

Analyst Opinion: 3.1Community Rank: 5.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
Silicon Motion Technology logo

About Silicon Motion Technology (NASDAQ:SIMO)

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are 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, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND 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 Hong Kong, Hong Kong.

SIMO Stock News Headlines

Making Sense Of MaxLinear's Bid For Silicon Motion
See More Headlines

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SIMO
Employees
1,434
Year Founded
1995

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 5/26 Dividend
5/11/2022
Dividend Payable
5/26/2022
Today
6/30/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$103.43
High Stock Price Forecast
$130.00
Low Stock Price Forecast
$78.00
Forecasted Upside/Downside
+23.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$200 million
Pretax Margin
27.51%

Debt

Sales & Book Value

Annual Sales
$922.10 million
Cash Flow
$6.37 per share
Book Value
$18.83 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.88 billion
Optionable
Optionable
Beta
1.00

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Silicon Motion Technology Frequently Asked Questions

Should I buy or sell Silicon Motion Technology stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Silicon Motion Technology stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIMO, but not buy additional shares or sell existing shares.
View analyst ratings for Silicon Motion Technology
or view top-rated stocks.

What is Silicon Motion Technology's stock price forecast for 2022?

8 Wall Street analysts have issued 1 year target prices for Silicon Motion Technology's stock. Their SIMO stock forecasts range from $78.00 to $130.00. On average, they anticipate Silicon Motion Technology's stock price to reach $103.43 in the next year. This suggests a possible upside of 23.6% from the stock's current price.
View analysts' price targets for Silicon Motion Technology
or view top-rated stocks among Wall Street analysts.

How has Silicon Motion Technology's stock performed in 2022?

Silicon Motion Technology's stock was trading at $95.03 on January 1st, 2022. Since then, SIMO shares have decreased by 11.9% and is now trading at $83.70.
View the best growth stocks for 2022 here
.

When is Silicon Motion Technology's next earnings date?

Silicon Motion Technology is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Silicon Motion Technology
.

How were Silicon Motion Technology's earnings last quarter?

Silicon Motion Technology Co. (NASDAQ:SIMO) issued its quarterly earnings results on Thursday, May, 5th. The semiconductor producer reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.19. The semiconductor producer had revenue of $242 million for the quarter, compared to the consensus estimate of $239.46 million. Silicon Motion Technology had a trailing twelve-month return on equity of 33.47% and a net margin of 22.42%. Silicon Motion Technology's revenue for the quarter was up 32.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.98 earnings per share.
View Silicon Motion Technology's earnings history
.

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 Tuesday, April 19th. Stockholders of record on Thursday, May 12th will be given a dividend of $0.50 per share on Thursday, May 26th. This represents a $2.00 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date is Wednesday, May 11th.
View Silicon Motion Technology's dividend history
.

Is Silicon Motion Technology a good dividend stock?

Silicon Motion Technology(NASDAQ:SIMO) pays an annual dividend of $1.99 per share and currently has a dividend yield of 2.39%. The dividend payout ratio of Silicon Motion Technology is 31.44%. 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 29.35% 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 first quarter 2022 earnings guidance on Friday, April, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $238 M-, compared to the consensus revenue estimate of $232.05 million.

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 64)
  • Mr. Riyadh Lai, Chief Financial Officer (Age 53)
  • Mr. Ken Chen, VP of Operations (Age 61)
  • Mr. Kevin Yeh, VP of R&D, Algorithm and Technology (Age 58)
  • Mr. Christopher A. Chaney, Director of Investor Relations & Strategy
  • Mr. Arthur Yeh, VP of Sales, Asia & Greater China (Age 61)
  • Mr. Nelson S. Duann, Sr. VP of Marketing & R&D and Director (Age 53)
  • Mr. Robert C. Fan, Pres of SMI USA (Age 58)
  • 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 Glassdoor.com. Wallace C. Kou has an approval rating of 76% among Silicon Motion Technology'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."

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 $83.70.

How much money does Silicon Motion Technology make?

Silicon Motion Technology (NASDAQ:SIMO) has a market capitalization of $2.88 billion and generates $922.10 million in revenue each year. The semiconductor producer earns $200 million in net income (profit) each year or $6.329990 on an earnings per share basis.

How many employees does Silicon Motion Technology have?

Silicon Motion Technology employs 1,434 workers across the globe.

When was Silicon Motion Technology founded?

Silicon Motion Technology was founded in 1995.

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 Silicon Motion Technology is www.siliconmotion.com. The semiconductor producer can be reached via phone at (522) 307-4768, via email at [email protected], or via fax at 852-2307-4368.

This page (NASDAQ:SIMO) was last updated on 6/30/2022 by MarketBeat.com Staff

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