NASDAQ:SIMO

Silicon Motion Technology Stock Forecast, Price & News

$63.40
+0.65 (+1.04 %)
(As of 06/21/2021 12:00 AM ET)
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Today's Range
$62.19
$63.40
50-Day Range
$62.75
$72.56
52-Week Range
$35.13
$74.10
Volume148,375 shs
Average Volume490,723 shs
Market Capitalization$2.21 billion
P/E Ratio25.16
Dividend Yield2.22%
Beta1.11
30 days | 90 days | 365 days | Advanced Chart
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Silicon Motion Technology logo

About Silicon Motion Technology

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers SSDs used in PCs and other devices, as well as eMMC and UFS mobile embedded storage used in smartphones and IOT devices. The company also provides enterprise-grade SSDs used in data centers; and small form-factor specialized SSDs 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 and Ferri-eMMC brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to 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 Kowloon, Hong Kong.

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MarketRank

Overall MarketRank

2.43 out of 5 stars

Computer And Technology Sector

18th out of 1,591 stocks

Semiconductors & Related Devices Industry

4th out of 151 stocks

Analyst Opinion: 2.3Community Rank: 3.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Silicon Motion Technology (NASDAQ:SIMO) Frequently Asked Questions

Is Silicon Motion Technology a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Silicon Motion Technology stock.
View analyst ratings for Silicon Motion Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Silicon Motion Technology?

Wall Street analysts have given Silicon Motion Technology a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Silicon Motion Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Silicon Motion Technology?

Silicon Motion Technology saw a increase in short interest in May. As of May 14th, there was short interest totaling 771,400 shares, an increase of 36.6% from the April 29th total of 564,700 shares. Based on an average trading volume of 514,700 shares, the short-interest ratio is presently 1.5 days. Approximately 2.2% of the shares of the stock are short sold.
View Silicon Motion Technology's Short Interest
.

When is Silicon Motion Technology's next earnings date?

Silicon Motion Technology is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Silicon Motion Technology
.

How were Silicon Motion Technology's earnings last quarter?

Silicon Motion Technology Co. (NASDAQ:SIMO) announced its quarterly earnings data on Wednesday, May, 5th. The semiconductor producer reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.27. The semiconductor producer earned $182.40 million during the quarter, compared to the consensus estimate of $180 million. Silicon Motion Technology had a trailing twelve-month return on equity of 15.07% and a net margin of 14.98%.
View Silicon Motion Technology's earnings history
.

How has Silicon Motion Technology's stock been impacted by COVID-19?

Silicon Motion Technology's stock was trading at $36.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SIMO shares have increased by 72.3% and is now trading at $63.40.
View which stocks have been most impacted by COVID-19
.

How often does Silicon Motion Technology pay dividends? What is the dividend yield for Silicon Motion Technology?

Silicon Motion Technology declared a quarterly dividend on Friday, April 16th. Stockholders of record on Thursday, May 6th will be given a dividend of $0.35 per share on Thursday, May 20th. This represents a $1.40 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Wednesday, May 5th.
View Silicon Motion Technology's dividend history
.

Is Silicon Motion Technology a good dividend stock?

Silicon Motion Technology pays an annual dividend of $1.39 per share and currently has a dividend yield of 2.22%. Silicon Motion Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Silicon Motion Technology is 60.96%. 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 27.15% 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 issued an update on its FY 2021 earnings guidance on Tuesday, June, 1st. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $782 million-$836 million, compared to the consensus revenue estimate of $702.58 million.

What price target have analysts set for SIMO?

9 brokerages have issued 12 month price targets for Silicon Motion Technology's stock. Their forecasts range from $45.00 to $100.00. On average, they expect Silicon Motion Technology's stock price to reach $71.11 in the next year. This suggests a possible upside of 12.2% from the stock's current price.
View analysts' price targets for Silicon Motion Technology
or view top-rated stocks among Wall Street analysts.

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 63)
  • Mr. Riyadh Lai, Chief Financial Officer (Age 52)
  • Mr. Ken Chen, VP of Operations (Age 60)
  • Mr. Kevin Yeh, VP of R&D, Algorithm and Technology (Age 57)
  • Mr. Christopher A. Chaney, Director of Investor Relations & Strategy
  • Mr. Arthur Yeh, VP of Sales, Asia & Greater China (Age 60)
  • Mr. Nelson S. Duann, Sr. VP of Marketing & R&D and Director (Age 52)
  • Mr. Robert C. Fan, Pres of SMI USA (Age 57)
  • 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.

Who are some of Silicon Motion Technology's key competitors?

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 retail and institutional investors. Top institutional investors include Lazard Asset Management LLC (3.81%), Yiheng Capital Management L.P. (3.77%), Acadian Asset Management LLC (2.44%), Loomis Sayles & Co. L P (2.10%), Massachusetts Financial Services Co. MA (1.96%) and Baillie Gifford & Co. (1.77%).

Which major investors are selling Silicon Motion Technology stock?

SIMO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Massachusetts Financial Services Co. MA, Yiheng Capital Management L.P., M&G Investment Management Ltd., Tributary Capital Management LLC, Prospect Capital Advisors LLC, Peregrine Capital Management LLC, and Systematic Financial Management LP.

Which major investors are buying Silicon Motion Technology stock?

SIMO stock was purchased by a variety of institutional investors in the last quarter, including Man Group plc, Millennium Management LLC, Acadian Asset Management LLC, Point72 Asset Management L.P., Lazard Asset Management LLC, Canada Pension Plan Investment Board, Lord Abbett & CO. LLC, and Russell Investments Group Ltd..

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 $63.40.

How much money does Silicon Motion Technology make?

Silicon Motion Technology has a market capitalization of $2.21 billion and generates $539.52 million in revenue each year. The semiconductor producer earns $79.75 million in net income (profit) each year or $2.28 on an earnings per share basis.

How many employees does Silicon Motion Technology have?

Silicon Motion Technology employs 1,323 workers across the globe.

What is Silicon Motion Technology's official website?

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

Where are Silicon Motion Technology's headquarters?

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

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 semiconductor producer can be reached via phone at 886-3552-6888 or via email at [email protected]


This page was last updated on 6/22/2021 by MarketBeat.com Staff
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