Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets semiconductor solutions for the mobile and enterprise storage, and mobile communications markets worldwide. It offers embedded storage and expandable storage products, including NAND flash controllers, such as embedded multimediacard (eMMC), universal flash storage, client solid-state drive (SSD), secure digital card, flash memory card controller, and universal serial bus flash drive controller products.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Phone886-3552-6888
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$530.35 million
Profitability
Miscellaneous
Employees1,307
Next Earnings Date2/6/2020 (Confirmed)
OptionableOptionable
Silicon Motion Technology (NASDAQ:SIMO) Frequently Asked Questions
What is Silicon Motion Technology's stock symbol?
Silicon Motion Technology trades on the NASDAQ under the ticker symbol "SIMO."
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 Friday, October 25th. Stockholders of record on Thursday, November 7th will be paid a dividend of $0.35 per share on Thursday, November 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Wednesday, November 6th. This is an increase from Silicon Motion Technology's previous quarterly dividend of $0.30. View Silicon Motion Technology's Dividend History.
How will Silicon Motion Technology's stock buyback program work?
Silicon Motion Technology announced that its Board of Directors has approved a stock buyback plan on Wednesday, November 21st 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 15.6% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its shares are undervalued.
How were Silicon Motion Technology's earnings last quarter?
Silicon Motion Technology Corp. (NASDAQ:SIMO) issued its quarterly earnings data on Tuesday, October, 29th. The semiconductor producer reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.31. The semiconductor producer had revenue of $110.50 million for the quarter, compared to analysts' expectations of $112.08 million. Silicon Motion Technology had a net margin of 13.16% and a return on equity of 13.22%. The company's quarterly revenue was down 20.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.95 earnings per share. View Silicon Motion Technology's Earnings History.
When is Silicon Motion Technology's next earnings date?
How can I listen to Silicon Motion Technology's earnings call?
Silicon Motion Technology will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Silicon Motion Technology issued on next quarter's earnings?
Silicon Motion Technology updated its fourth quarter 2019
Pre-Market earnings guidance on Tuesday, January, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $139-152.9 million, compared to the consensus revenue estimate of $136.19 million.
What price target have analysts set for SIMO?
10 analysts have issued twelve-month target prices for Silicon Motion Technology's stock. Their forecasts range from $39.00 to $65.00. On average, they anticipate Silicon Motion Technology's share price to reach $52.38 in the next year. This suggests a possible upside of 5.9% from the stock's current price. View Analyst Price Targets for Silicon Motion Technology.
What is the consensus analysts' recommendation for Silicon Motion Technology?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Silicon Motion Technology.
What are Wall Street analysts saying about Silicon Motion Technology stock?
Here are some recent quotes from research analysts about Silicon Motion Technology stock:
- 1. According to Zacks Investment Research, "Silicon Motion’s third-quarter earnings beat the Zacks Consensus Estimate. However, both top and bottom line declined year over year. Nonetheless, the company provided promising fourth-quarter revenue guidance. Notably, the company’s Open-Channel Shannon SSDs are being commercially deployed in data centers of Alibaba and another “B-A-T customer,” which is a significant milestone. Silicon Motion is anticipated to benefit from adoption of its enterprise and industrial SSD offerings in the days ahead. However, higher sales of lower margined SSD solutions are likely to weigh on margins. Furthermore, uncertain macroeconomic conditions and imposition of tariff owing to the U.S.-China trade war has kept the company’s OEM customers and NAND flash vendors on tenterhooks for quite some time now, which remains a concern." (11/2/2019)
- 2. Needham & Company LLC analysts commented, "We think some of weakness is due to a pause ahead of WiFi 6 product launches. Our street low estimates are unchanged. The Company also named a permanent CEO replacing the interim CEO. Maintain our OP and our $17 PT." (8/9/2019)
Has Silicon Motion Technology been receiving favorable news coverage?
Headlines about SIMO stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Silicon Motion Technology earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news coverage about the semiconductor producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Silicon Motion Technology.
Are investors shorting Silicon Motion Technology?
Silicon Motion Technology saw a increase in short interest in December. As of December 13th, there was short interest totalling 593,200 shares, an increase of 16.3% from the November 28th total of 510,000 shares. Based on an average daily trading volume, of 282,300 shares, the short-interest ratio is currently 2.1 days. Approximately 1.6% of the company's stock are sold short. View Silicon Motion Technology's Current Options Chain.
Who are some of Silicon Motion Technology's key competitors?
Some companies that are related to Silicon Motion Technology include Mellanox Technologies (MLNX), United Microelectronics (UMC), Cree (CREE), First Solar (FSLR), Solaredge Technologies (SEDG), Silicon Laboratories (SLAB), Cirrus Logic (CRUS), SUMCO CORP/ADR (SUOPY), Cabot Microelectronics (CCMP), Enphase Energy (ENPH), Dialog Semiconductor (DLGNF), Inphi (IPHI), Viavi Solutions (VIAV), Semtech (SMTC) and BE Semiconductor Industrs (BESIY).
What other stocks do shareholders of Silicon Motion Technology own?
Who are Silicon Motion Technology's key executives?
Silicon Motion Technology's management team includes the folowing people:
- Mr. Chia-Chang Kou, Founder, Pres, CEO & Director (Age 61)
- Mr. Riyadh Lai, Chief Financial Officer (Age 50)
- Mr. Ken Chen, VP of Operations (Age 58)
- Mr. Chi-Chen Chiang, VP of HR & Admin. and Special Assistant to CEO (Age 52)
- Mr. Nelson S. Duann, Sr. VP of Marketing & R&D, Mobile Storage and Director (Age 50)
Who are Silicon Motion Technology's major shareholders?
Silicon Motion Technology's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.03%), Tributary Capital Management LLC (0.88%), Skyline Asset Management LP (0.55%), Janney Montgomery Scott LLC (0.13%), First National Bank of Omaha (0.05%) and Diversified Trust Co (0.02%).
Which institutional investors are selling Silicon Motion Technology stock?
SIMO stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC and Peregrine Capital Management LLC.
Which institutional investors are buying Silicon Motion Technology stock?
SIMO stock was purchased by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Diversified Trust Co, Camelot Portfolios LLC, First National Bank of Omaha and Janney Montgomery Scott LLC.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Silicon Motion Technology's stock price today?
One share of SIMO stock can currently be purchased for approximately $49.44.
How big of a company is Silicon Motion Technology?
Silicon Motion Technology has a market capitalization of $1.79 billion and generates $530.35 million in revenue each year. The semiconductor producer earns $98.07 million in net income (profit) each year or $3.41 on an earnings per share basis. Silicon Motion Technology employs 1,307 workers across the globe.View Additional Information About Silicon Motion Technology.
What is Silicon Motion Technology's official website?
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]onmotion.com.
MarketBeat Community Rating for Silicon Motion Technology (NASDAQ SIMO)
MarketBeat's community ratings are surveys of what our community members think about Silicon Motion Technology and other stocks. Vote "Outperform" if you believe SIMO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SIMO will underperform the S&P 500 over the long term. You may vote once every thirty days.
