NASDAQ:SIMO Silicon Motion Technology - SIMO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Silicon Motion Technology Co. Please log in to your account or sign up in order to add this asset to your watchlist. $64.40 -0.17 (-0.26%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$62.10▼$64.5750-Day Range$59.58▼$69.7552-Week Range$51.82▼$98.65Volume234,718 shsAverage Volume397,788 shsMarket Capitalization$2.13 billionP/E Ratio12.50Dividend Yield1.55%Price Target$103.60 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Silicon Motion Technology MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside60.9% Upside$103.60 Price TargetShort InterestBearish6.56% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.29Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth45.27%From $2.96 to $4.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsComputer And Technology Sector147th out of 616 stocksSemiconductors & Related Devices Industry19th out of 89 stocks 3.3 Analyst's Opinion Consensus RatingSilicon Motion Technology has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $103.60, Silicon Motion Technology has a forecasted upside of 60.9% from its current price of $64.40.Amount of Analyst CoverageSilicon Motion Technology has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.56% of the float of Silicon Motion Technology has been sold short.Short Interest Ratio / Days to CoverSilicon Motion Technology has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in Silicon Motion Technology has recently increased by 27.68%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSilicon Motion Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Silicon Motion Technology is 19.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 23.26% next year. This indicates that Silicon Motion Technology will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SIMO. Previous Next 1.8 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Silicon Motion Technology this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 3 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Silicon Motion Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.34% of the stock of Silicon Motion Technology is held by insiders.Percentage Held by Institutions66.67% of the stock of Silicon Motion Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Silicon Motion Technology are expected to grow by 45.27% in the coming year, from $2.96 to $4.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 12.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 12.50, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 310.84.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 4.40. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSilicon Motion Technology has a P/B Ratio of 2.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Silicon Motion Technology (NASDAQ:SIMO) StockSilicon Motion Technology Corp. engages in the development, manufacture and supply of semiconductor products for the electronics market. The firm products include Flash Controllers, Storage Solutions, and others. It offers embedded and expandable storage, radio frequency integrated circuits and embedded graphics. The company was founded in November 1995 and is headquartered in Hong Kong.Read More Receive SIMO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Silicon Motion Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address SIMO Stock News HeadlinesMarch 28, 2023 | americanbankingnews.comHead to Head Survey: Silicon Motion Technology (NASDAQ:SIMO) and Ultra Clean (NASDAQ:UCTT)March 25, 2023 | americanbankingnews.comSilicon Motion Technology Co. (NASDAQ:SIMO) Receives $103.60 Average Price Target from AnalystsMarch 28, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. March 19, 2023 | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Coverage Initiated by Analysts at StockNews.comMarch 16, 2023 | nasdaq.comSilicon Motion Technology Enters Oversold Territory (SIMO)March 13, 2023 | finance.yahoo.comWill These 2 Beaten-Up Semiconductor Stocks Rally in 2023?February 16, 2023 | finance.yahoo.comSilicon Motion Launches Third Generation PCIe Gen4 SSD Controller for Future TLC and QLC 3D NAND FlashFebruary 9, 2023 | markets.businessinsider.comSilicon Motion (SIMO) Receives a Buy from Bank of America SecuritiesMarch 28, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. February 8, 2023 | finance.yahoo.comSilicon Motion (SIMO) Q4 Earnings & Revenues Miss EstimatesFebruary 8, 2023 | msn.comSilicon Motion Technology Non-GAAP EPS of $1.22 misses by $0.43, revenue of $200.8M misses by $55.91MFebruary 7, 2023 | finance.yahoo.comSilicon Motion Announces Results for the Period Ended December 31, 2022January 19, 2023 | fool.com1 Better Memory Chip Stock Than Micron for 2023 as the Chip Downturn Rages OnJanuary 11, 2023 | finance.yahoo.comThese 2 Infrastructure Chip Designers Are Merging -- Are They a Buy?January 10, 2023 | msn.comMaxLinear says on track for mid 2023 close of its Silicon Motion dealJanuary 5, 2023 | finance.yahoo.comSilicon Motion To Release Fourth Quarter 2022 Financial Results on February 7December 28, 2022 | msn.comFaster Internet Is Coming to the Rural U.S., and These 2 Chip Stocks Could Be Big WinnersNovember 2, 2022 | seekingalpha.comSilicon Motion heads north on Needham upgradeNovember 2, 2022 | finance.yahoo.comSilicon Motion (SIMO) Misses Q3 Earnings & Revenue EstimatesNovember 1, 2022 | finance.yahoo.comSilicon Motion Announces Results for the Period Ended September 30, 2022October 12, 2022 | finance.yahoo.comSIMO vs. NVMI: Which Stock Should Value Investors Buy Now?October 7, 2022 | nasdaq.comSilicon Motion Technology is Now Oversold (SIMO)October 6, 2022 | finance.yahoo.comSilicon Motion To Release Third Quarter 2022 Financial Results on November 1October 5, 2022 | investing.comSilicon Motion has $42 Upside and $9 Downside, Analyst ArguesOctober 5, 2022 | markets.businessinsider.comSilicon Motion (SIMO) was upgraded to a Buy Rating at SusquehannaOctober 5, 2022 | seekingalpha.comSilicon Motion rises as Susquehanna upgrades, citing 'attractive risk-reward profile'September 23, 2022 | seekingalpha.comSilicon Motion Technology: Buy For The Merger, Buy For Growth, Or BothSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SIMO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Silicon Motion Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address SIMO Company Calendar Last Earnings2/07/2023Today3/28/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SIMO CUSIPN/A CIK1329394 Webwww.siliconmotion.com Phone(522) 307-4768Fax852-2307-4368Employees1,434Year Founded1995Price Target and Rating Average Stock Price Forecast$103.60 High Stock Price Forecast$110.00 Low Stock Price Forecast$85.00 Forecasted Upside/Downside+63.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$5.15 Trailing P/E Ratio12.30 Forward P/E Ratio21.40 P/E Growth4.4Net Income$172.51 million Net Margins18.24% Pretax Margin22.47% Return on Equity25.65% Return on Assets18.37% Debt Debt-to-Equity RatioN/A Current Ratio4.29 Quick Ratio2.72 Sales & Book Value Annual Sales$945.92 million Price / Sales2.21 Cash Flow$5.64 per share Price / Cash Flow11.24 Book Value$22.17 per share Price / Book2.86Miscellaneous Outstanding Shares33,050,000Free Float31,281,000Market Cap$2.09 billion OptionableOptionable Beta0.91 Social Links Key ExecutivesWallace C. KouPresident, Chief Executive Officer & DirectorKen ChenVice President-OperationsRiyadh LaiChief Financial OfficerNelson S. DuannDirector, Senior Vice President-Marketing, R&DArthur YehVice President-Sales, Asia & Greater ChinaKey CompetitorsFormFactorNASDAQ:FORMSemtechNASDAQ:SMTCViavi SolutionsNASDAQ:VIAVOSI SystemsNASDAQ:OSISMaxLinearNYSE:MXLView All CompetitorsInstitutional OwnershipRockefeller Capital Management L.P.Sold 18,180 shares on 3/6/2023Ownership: 0.004%NatixisBought 220,898 shares on 2/24/2023Ownership: 0.668%Macquarie Group Ltd.Sold 47,892 shares on 2/21/2023Ownership: 0.068%Truist Financial CorpSold 1,083 shares on 2/17/2023Ownership: 0.049%Cullen Capital Management LLCSold 11,242 shares on 2/16/2023Ownership: 0.088%View All Institutional Transactions SIMO Stock - Frequently Asked Questions Should I buy or sell Silicon Motion Technology stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SIMO shares. View SIMO analyst ratings or view top-rated stocks. What is Silicon Motion Technology's stock price forecast for 2023? 5 equities research analysts have issued twelve-month price targets for Silicon Motion Technology's shares. Their SIMO share price forecasts range from $85.00 to $110.00. On average, they anticipate the company's share price to reach $103.60 in the next year. This suggests a possible upside of 63.6% from the stock's current price. View analysts price targets for SIMO or view top-rated stocks among Wall Street analysts. How have SIMO shares performed in 2023? Silicon Motion Technology's stock was trading at $64.99 at the beginning of 2023. Since then, SIMO shares have decreased by 2.5% and is now trading at $63.34. View the best growth stocks for 2023 here. Are investors shorting Silicon Motion Technology? Silicon Motion Technology saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,260,000 shares, an increase of 27.7% from the February 28th total of 1,770,000 shares. Based on an average daily trading volume, of 365,900 shares, the short-interest ratio is presently 6.2 days. Approximately 6.6% of the company's stock are short sold. View Silicon Motion Technology's Short Interest. When is Silicon Motion Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our SIMO earnings forecast. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) issued its quarterly earnings results on Tuesday, February, 7th. The semiconductor producer reported $1.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.38 by $0.16. The semiconductor producer had revenue of $200.76 million for the quarter, compared to analyst estimates of $256.71 million. Silicon Motion Technology had a trailing twelve-month return on equity of 25.65% and a net margin of 18.24%. Silicon Motion Technology's revenue was down 24.1% on a year-over-year basis. During the same period last year, the firm earned $1.73 earnings per share. 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 Thursday, July 14th. Stockholders of record on Thursday, August 11th will be paid a dividend of $0.50 per share on Thursday, August 25th. This represents a $2.00 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend is Wednesday, August 10th. Read our dividend analysis for SIMO. What ETFs hold Silicon Motion Technology's stock? ETFs with the largest weight of Silicon Motion Technology (NASDAQ:SIMO) stock in their portfolio include Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and Formidable ETF (FORH).Emerge EMPWR Unified Sustainable Equity ETF (EMPW). Is Silicon Motion Technology a good dividend stock? Silicon Motion Technology (NASDAQ:SIMO) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.53%. The dividend payout ratio is 19.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIMO will have a dividend payout ratio of 23.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SIMO. What is Wallace C. Kou's approval rating as Silicon Motion Technology's CEO? 8 employees have rated Silicon Motion Technology Chief Executive Officer Wallace C. Kou on Glassdoor.com. Wallace C. Kou has an approval rating of 76% among the company'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." Who are Silicon Motion Technology's major shareholders? Silicon Motion Technology's stock is owned by many different institutional and retail investors. Top institutional investors include Antara Capital LP (0.00%), Millennium Management LLC (3.44%), Morgan Stanley (3.39%), Sand Grove Capital Management LLP (3.21%), Bank of America Corp DE (2.59%) and Group One Trading L.P. (0.00%). How do I buy shares of Silicon Motion Technology? Shares of SIMO stock 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 $63.34. How much money does Silicon Motion Technology make? Silicon Motion Technology (NASDAQ:SIMO) has a market capitalization of $2.09 billion and generates $945.92 million in revenue each year. The semiconductor producer earns $172.51 million in net income (profit) each year or $5.15 on an earnings per share basis. How many employees does Silicon Motion Technology have? The company employs 1,434 workers across the globe. 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 the company is www.siliconmotion.com. The semiconductor producer can be reached via phone at (522) 307-4768, via email at ir@siliconmotion.com, or via fax at 852-2307-4368. This page (NASDAQ:SIMO) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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