Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Price, News & Analysis → Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed! (From Priority Gold) (Ad) Free SIMO Stock Alerts $72.93 -0.80 (-1.09%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$71.68▼$74.0850-Day Range$67.33▼$82.8752-Week Range$49.50▼$95.33Volume382,451 shsAverage Volume319,306 shsMarket Capitalization$2.41 billionP/E Ratio46.16Dividend Yield2.73%Price Target$87.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Silicon Motion Technology alerts: Email Address Silicon Motion Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside20.1% Upside$87.57 Price TargetShort InterestHealthy2.52% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth51.70%From $2.65 to $4.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.50 out of 5 starsComputer And Technology Sector98th out of 589 stocksSemiconductors & Related Devices Industry17th out of 87 stocks 3.5 Analyst's Opinion Consensus RatingSilicon Motion Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSilicon Motion Technology has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.52% 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 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silicon Motion Technology has recently decreased by 4.20%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 2.70%, 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 125.95%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 49.50% 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 3.6 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 0.53. 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 higher news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Silicon Motion Technology this week, compared to 3 articles on an average week.Search Interest7 people have searched for SIMO on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat Follows8 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 60% 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 Institutions78.02% 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 51.70% in the coming year, from $2.65 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 46.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 46.16, 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 219.55.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 3.97. 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 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsThe Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Silicon Motion Technology Stock (NASDAQ:SIMO)Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are 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 FerriSSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company was founded in 1995 and is based in Hong Kong, Hong Kong.Read More SIMO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SIMO Stock News HeadlinesApril 16, 2024 | marketbeat.comSilicon Motion Proves That AI in Motion Stays in MotionSilicon Motion Technology Co. NASDAQ: SIMO is a fabless semiconductor company in the computer and technology sector specializing in designing and developing NAND flash memory controllers. The controllers enable solid-state drives (SSD) to operate seamlessly, managing the communications between the NAND flash memory and the computer system.April 16, 2024 | marketbeat.comSilicon Motion Proves That AI in Motion Stays in MotionSilicon Motion Technology Co. (NASDAQ: SIMO) is a fabless semiconductor company in the computer and technology sector specializing in designing and developingApril 26, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? 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April 16, 2024 | msn.comThis Analyst With 86% Accuracy Rate Sees Around 32% Upside In Western Digital - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate AnalystsApril 9, 2024 | finance.yahoo.comSilicon Motion Announces Preliminary First Quarter 2024 Revenue and Earnings Conference Call DetailsApril 3, 2024 | investing.comTop tech analyst shares a list of his favorite chip stocksMarch 14, 2024 | uk.finance.yahoo.comChip startup Cerebras launches new AI processorMarch 13, 2024 | edition.cnn.comCepton, Inc.March 12, 2024 | finance.yahoo.comSilicon Motion Unveils 6nm UFS 4.0 Controller for AI Smartphones, Edge Computing and Automotive ApplicationsMarch 6, 2024 | seekingalpha.comSilicon Motion: Overvalued For NowMarch 1, 2024 | fool.com2 Small AI Stocks to Buy for 2024 and BeyondFebruary 24, 2024 | msn.comSilicon Motion Technology Corporation - Depositary Receipt () (SIMO) Price Target Increased by 6.69% to 83.39February 9, 2024 | finance.yahoo.comDon't Overlook These Highly Ranked Stocks After EarningsFebruary 8, 2024 | finance.yahoo.comSilicon Motion Technology Corporation (NASDAQ:SIMO) Q4 2023 Earnings Call TranscriptFebruary 7, 2024 | markets.businessinsider.comQuinn Bolton Reaffirms Buy Rating on Silicon Motion Technology, Forecasts Strong Growth and Product AdvancementsFebruary 7, 2024 | finance.yahoo.comSilicon Motion Announces Results for the Period Ended December 31, 2023February 7, 2024 | finance.yahoo.comSilicon Motion (SIMO) Q4 Earnings & Revenues Beat EstimatesFebruary 7, 2024 | msn.comSilicon Motion Technology beats top-line and bottom-line estimates; initiates Q1 and FY24 outlookFebruary 5, 2024 | benzinga.comEarnings Outlook For Silicon Motion TechnologyFebruary 5, 2024 | finance.yahoo.comSilicon Motion Confirms Quarterly DividendJanuary 31, 2024 | ca.finance.yahoo.comSilicon Motion Technology Corporation (SIMO)See More Headlines 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 Company Calendar Last Earnings2/06/2024Ex-Dividend for 3/1 Dividend2/16/2024Dividend Payable3/01/2024Today4/26/2024Next Earnings (Confirmed)5/02/2024Ex-Dividend for 5/23 Dividend5/08/2024Dividend Payable5/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:SIMO CUSIPN/A CIK1329394 Webwww.siliconmotion.com Phone(522) 307-4768Fax852-2307-4368Employees1,643Year Founded1995Price Target and Rating Average Stock Price Target$87.57 High Stock Price Target$102.00 Low Stock Price Target$75.00 Potential Upside/Downside+20.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.58 Trailing P/E Ratio46.16 Forward P/E Ratio27.52 P/E Growth3.91Net Income$52.87 million Net Margins8.27% Pretax Margin9.55% Return on Equity7.01% Return on Assets5.49% Debt Debt-to-Equity RatioN/A Current Ratio3.73 Quick Ratio2.71 Sales & Book Value Annual Sales$639.14 million Price / Sales3.77 Cash Flow$2.25 per share Price / Cash Flow32.47 Book Value$21.99 per share Price / Book3.32Miscellaneous Outstanding Shares33,050,000Free Float31,289,000Market Cap$2.41 billion OptionableOptionable Beta0.85 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Chia-Chang Kou (Age 66)Founder, President, CEO, MD & Director Mr. Riyadh Lai (Age 55)Chief Financial Officer Mr. Ken Chen (Age 63)Vice President of Operations Mr. Christopher ChaneyDirector of Investor Relations & StrategyMr. Robert C. Fan (Age 60)Senior Vice President of Global Sales Mr. Nelson S. Duann (Age 55)Senior VP of Client & Automotive Storage Business and Director Mr. Alex ChouSenior VP of Enterprise Storage & Display Interface Solution BusinessMs. Michelle LinVice President of Finance & Corporate ControllerMore ExecutivesKey CompetitorsOSI SystemsNASDAQ:OSISKulicke and Soffa IndustriesNASDAQ:KLICSemtechNASDAQ:SMTCWolfspeedNYSE:WOLFViavi SolutionsNASDAQ:VIAVView All CompetitorsInstitutional OwnershipKLR Investment Advisors LLCSold 416 shares on 4/23/2024Ownership: 0.009%Oliver Luxxe Assets LLCBought 11,377 shares on 4/18/2024Ownership: 0.034%Allspring Global Investments Holdings LLCBought 1,200 shares on 4/18/2024Ownership: 0.014%Diversified Trust CoBought 3,600 shares on 4/18/2024Ownership: 0.011%Tealwood Asset Management Inc.Sold 266 shares on 4/11/2024Ownership: 0.057%View All Institutional Transactions SIMO Stock Analysis - Frequently Asked Questions Should I buy or sell Silicon Motion Technology stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 6 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 target for 2024? 6 brokers have issued 12-month price objectives for Silicon Motion Technology's stock. Their SIMO share price targets range from $75.00 to $102.00. On average, they anticipate the company's share price to reach $87.57 in the next twelve months. This suggests a possible upside of 20.1% 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 2024? Silicon Motion Technology's stock was trading at $61.27 at the beginning of the year. Since then, SIMO shares have increased by 19.0% and is now trading at $72.93. View the best growth stocks for 2024 here. Are investors shorting Silicon Motion Technology? Silicon Motion Technology saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 876,900 shares, a drop of 16.5% from the March 15th total of 1,050,000 shares. Based on an average trading volume of 461,600 shares, the short-interest ratio is currently 1.9 days. Currently, 2.6% of the company's shares are sold short. 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 2nd 2024. View our SIMO earnings forecast. How can I listen to Silicon Motion Technology's earnings call? Silicon Motion Technology will be holding an earnings conference call on Friday, May 3rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) issued its earnings results on Tuesday, February, 6th. The semiconductor producer reported $0.63 EPS for the quarter, topping the consensus estimate of $0.51 by $0.12. The semiconductor producer earned $202.38 million during the quarter, compared to analysts' expectations of $197.60 million. Silicon Motion Technology had a trailing twelve-month return on equity of 7.01% and a net margin of 8.27%. 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, April 25th. Shareholders of record on Thursday, May 9th will be given a dividend of $0.50 per share on Thursday, May 23rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Wednesday, May 8th. Read our dividend analysis for SIMO. Is Silicon Motion Technology a good dividend stock? Silicon Motion Technology (NASDAQ:SIMO) pays an annual dividend of $1.99 per share and currently has a dividend yield of 2.70%. The dividend payout ratio is 125.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SIMO will have a dividend payout ratio of 49.50% next year. This indicates that the company will be able to sustain or increase its dividend. 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), AltShares Event-Driven ET (EVNT) and Invesco NASDAQ Future Gen 200 ETF (QQQS).SPDR S&P Emerging Markets SmallCap ETF (EWX). What guidance has Silicon Motion Technology issued on next quarter's earnings? Silicon Motion Technology updated its first quarter 2024 earnings guidance on Tuesday, April, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $182.0 million-. 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). Who are Silicon Motion Technology's major shareholders? Silicon Motion Technology's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Reinhart Partners LLC. (2.23%), Perpetual Ltd (0.19%), Tealwood Asset Management Inc. (0.06%), Oliver Luxxe Assets LLC (0.03%), Allspring Global Investments Holdings LLC (0.01%) and Diversified Trust Co (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SIMO) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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