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

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

Silicon Motion announced a quarterly dividend on Monday, February 26th. Shareholders 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 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Wednesday, August 8th. View Silicon Motion's Dividend History.

Silicon Motion announced that its board has authorized a stock repurchase program on Tuesday, August 1st 2017, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 13.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

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

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

15 analysts have issued 1-year price targets for Silicon Motion's shares. Their forecasts range from $45.00 to $68.75. On average, they expect Silicon Motion's share price to reach $56.9792 in the next twelve months. View Analyst Ratings for Silicon Motion.

Some companies that are related to Silicon Motion 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).

News articles about SIMO stock have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Silicon Motion earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news coverage about the semiconductor producer an impact score of 46.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Silicon Motion's stock is owned by a number of of retail and institutional investors. Top institutional investors 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.

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.

SIMO stock was acquired 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.

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 $49.25.

Silicon Motion 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 employs 1,122 workers across the globe.

Silicon Motion'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]