NASDAQ:SIMO

Silicon Motion Technology Stock Forecast, Price & News

$66.42
-1.45 (-2.14 %)
(As of 04/14/2021 12:00 AM ET)
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Today's Range
$65.91
Now: $66.42
$67.87
50-Day Range
$57.50
MA: $62.26
$69.35
52-Week Range
$35.13
Now: $66.42
$70.94
Volume546,326 shs
Average Volume546,203 shs
Market Capitalization$2.33 billion
P/E Ratio22.36
Dividend Yield2.00%
Beta1.06
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers solid-state drive (SSDs) used in PCs and other devices, as well as embedded multimediacard (eMMC) and UFS mobile embedded storage used in smartphones. 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 sells its controllers under the SMI brand; data center SSDs under the Shannon 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, Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Kowloon, Hong Kong.
Silicon Motion Technology logo

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
Current SymbolNASDAQ:SIMO
CUSIPN/A
Phone886-3552-6888
Employees1,250
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$457.25 million
Cash Flow$2.89 per share
Book Value$14.87 per share

Profitability

Net Income$64.40 million

Miscellaneous

Market Cap$2.33 billion
Next Earnings Date5/5/2021 (Confirmed)
OptionableOptionable

Headlines

Silicon Motion's Next Leg Up
February 15, 2021 |  seekingalpha.com
Understanding Silicon Motion Technology's Ex-Dividend Date
February 11, 2021 |  finance.yahoo.com
Silicon Motion Technology Q4 Profit Down
February 4, 2021 |  nasdaq.com
Silicon Motion Technology Earnings Preview
February 2, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.08 out of 5 stars

Computer And Technology Sector

50th out of 1,549 stocks

Semiconductors & Related Devices Industry

12th out of 147 stocks

Analyst Opinion: 1.4Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$66.42
-1.45 (-2.14 %)
(As of 04/14/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Silicon Motion Technology (NASDAQ:SIMO) Frequently Asked Questions

Is Silicon Motion Technology a buy right now?

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.

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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Silicon Motion Technology wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Silicon Motion Technology?

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
.

When is Silicon Motion Technology's next earnings date?

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
.

How can I listen to Silicon Motion Technology's earnings call?

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.

How were Silicon Motion Technology's earnings last quarter?

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
.

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

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.
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 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
.

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 2.00%. 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.

What guidance has Silicon Motion Technology issued on next quarter's earnings?

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.

What price target have analysts set for SIMO?

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.

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 & Director (Age 63)
  • Mr. Riyadh Lai, Chief Financial Officer (Age 52)
  • Mr. Ken Chen, VP of Operations (Age 60)
  • 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)

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 Group (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 Calamos Advisors LLC (0.26%), Hodges Capital Management Inc. (0.06%), Canandaigua National Corp (0.01%) and Fulton Bank N.A. (0.01%).

Which institutional investors are selling Silicon Motion Technology stock?

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

Which institutional investors are buying Silicon Motion Technology stock?

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.

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 $66.42.

How much money does Silicon Motion Technology make?

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.

How many employees does Silicon Motion Technology have?

Silicon Motion Technology employs 1,250 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 4/15/2021 by MarketBeat.com Staff
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