NYSE:SMP Standard Motor Products (SMP) Stock Forecast, Price & News $35.79 +0.47 (+1.33%) (As of 02:44 PM ET) Add Compare Share Share Today's Range$34.82▼$35.9950-Day Range$35.00▼$37.3552-Week Range$31.61▼$48.24Volume49,120 shsAverage Volume99,411 shsMarket Capitalization$775.57 millionP/E Ratio16.57Dividend Yield3.24%Price Target$47.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Standard Motor Products MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside31.3% Upside$47.00 Price TargetShort InterestHealthy1.11% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.56Upright™ Environmental ScoreNews Sentiment0.40Based on 7 Articles This WeekInsider TradingSelling Shares$228,398 Sold Last QuarterProj. Earnings Growth12.86%From $3.50 to $3.95 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.2.95 out of 5 starsAuto/Tires/Trucks Sector17th out of 200 stocksMotor Vehicle Parts & Accessories Industry9th out of 70 stocks 3.5 Analyst's Opinion Consensus RatingStandard Motor Products has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.00, Standard Motor Products has a forecasted upside of 31.3% from its current price of $35.79.Amount of Analyst CoverageStandard Motor Products has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.11% of the float of Standard Motor Products has been sold short.Short Interest Ratio / Days to CoverStandard Motor Products has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Standard Motor Products has recently decreased by 14.89%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldStandard Motor Products pays a meaningful dividend of 3.22%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthStandard Motor Products has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Standard Motor Products is 53.70%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Standard Motor Products will have a dividend payout ratio of 29.37% next year. This indicates that Standard Motor Products will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreStandard Motor Products has received a -22.35% net impact score from Upright. The largest negative impact of Standard Motor Products in category "GHG emissions" seems to be driven mostly by its "Road vehicle air conditioning systems", "Road vehicle heating systems", "Automotive electrical wiring", "Car sensors", "Engine cooling systems", and "Engine starting systems" products. See details.Environmental SustainabilityThe Environmental Impact score for Standard Motor Products is -3.56. Previous Next 2.4 News and Social Media Coverage News SentimentStandard Motor Products has a news sentiment score of 0.40. 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 0.57 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Standard Motor Products this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Standard Motor Products to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Standard Motor Products insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $228,398.00 in company stock.Percentage Held by InsidersOnly 6.40% of the stock of Standard Motor Products is held by insiders.Percentage Held by Institutions75.14% of the stock of Standard Motor Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Standard Motor Products are expected to grow by 12.86% in the coming year, from $3.50 to $3.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Standard Motor Products is 16.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Standard Motor Products is 16.57, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 18.34.Price to Book Value per Share RatioStandard Motor Products has a P/B Ratio of 1.23. 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 Standard Motor Products (NYSE:SMP) StockStandard Motor Products, Inc. engages in the manufacture, distribution, and market of replacement parts for motor vehicles in the automotive aftermarket industry. It operates through the following segments: Engine Management, Temperature Control, and All Other. The Engine Management segment produces and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories, and windshield washer system parts. The company was founded by Elias Fife and Ralph van Allen in 1919 and is headquartered in Long Island City, NY.Read More Receive SMP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Standard Motor Products and its competitors with MarketBeat's FREE daily newsletter. Email Address SMP Stock News HeadlinesJune 1, 2023 | americanbankingnews.comStandard Motor Products, Inc. (NYSE:SMP) VP Ray Nicholas Sells 2,550 Shares of StockMay 30, 2023 | finance.yahoo.comStandard Motor Products, Inc. Recognized for Sustainability EffortsJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 29, 2023 | finance.yahoo.comStandard Motor Products (NYSE:SMP) shareholders have endured a 11% loss from investing in the stock five years agoMay 29, 2023 | americanbankingnews.comStandard Motor Products, Inc. (NYSE:SMP) Short Interest UpdateMay 24, 2023 | finance.yahoo.comStandard Motor Products' May Release Includes 222 New Part NumbersMay 11, 2023 | msn.comStandard Motor Products's Return On Capital Employed InsightsMay 7, 2023 | finance.yahoo.comIs It Smart To Buy Standard Motor Products, Inc. (NYSE:SMP) Before It Goes Ex-Dividend?June 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 4, 2023 | msn.comStandard Motor Products (SMP) Declares $0.29 DividendMay 4, 2023 | finance.yahoo.comQ1 2023 Standard Motor Products Inc Earnings CallMay 3, 2023 | finance.yahoo.comStandard Motor Products (SMP) Q1 Earnings Top EstimatesMay 3, 2023 | markets.businessinsider.comStandard Motor Products Q1 Results Top EstimatesMay 3, 2023 | finance.yahoo.comStandard Motor Products, Inc. Announces First Quarter 2023 ResultsMay 2, 2023 | msn.comEarnings Preview For Standard Motor ProductsMay 1, 2023 | finance.yahoo.comCould The Market Be Wrong About Standard Motor Products, Inc. (NYSE:SMP) Given Its Attractive Financial Prospects?April 28, 2023 | finance.yahoo.comStandard Motor Products, Inc. Announces First Quarter 2023 Earnings Conference CallApril 26, 2023 | finance.yahoo.comStandard Motor Products Releases 373 New Part Numbers in AprilApril 19, 2023 | finance.yahoo.comStandard Motor Products, Inc. Announces Publication of its 2022 Corporate Sustainability ReportApril 14, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Standard Motor Products, Inc. Reduced by Analyst (NYSE:SMP)April 10, 2023 | finance.yahoo.comWith 79% ownership of the shares, Standard Motor Products, Inc. (NYSE:SMP) is heavily dominated by institutional ownersApril 1, 2023 | seekingalpha.comSMP Standard Motor Products, Inc.March 28, 2023 | finance.yahoo.comStandard Motor Products' ABS Sensors Line ExpandsMarch 24, 2023 | finance.yahoo.comStandard Motor Products (SMP) Down 11.3% Since Last Earnings Report: Can It Rebound?March 22, 2023 | finance.yahoo.comStandard Motor Products Releases Over 100 New Part NumbersMarch 8, 2023 | finance.yahoo.comStandard Motor Products Expands Hybrid and EV Product OfferingFebruary 27, 2023 | finance.yahoo.comStandard Motor Products Introduces 276 New Part NumbersSee More Headlines SMP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMP Company Calendar Last Earnings5/03/2023Ex-Dividend for 6/1 Dividend5/12/2023Today6/01/2023Dividend Payable6/01/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Motor vehicle parts & accessories Sub-IndustryAuto Parts & Equipment SectorAuto/Tires/Trucks Current SymbolNYSE:SMP CUSIP85366610 CIK93389 Webwww.smpcorp.com Phone(718) 392-0200Fax718-392-3270Employees4,900Year FoundedN/APrice Target and Rating Average Stock Price Forecast$47.00 High Stock Price Forecast$47.00 Low Stock Price Forecast$47.00 Forecasted Upside/Downside+32.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.16 Trailing P/E Ratio16.37 Forward P/E Ratio10.10 P/E GrowthN/ANet Income$55.35 million Net Margins3.47% Pretax Margin6.38% Return on Equity11.65% Return on Assets5.53% Debt Debt-to-Equity Ratio0.34 Current Ratio2.50 Quick Ratio0.88 Sales & Book Value Annual Sales$1.37 billion Price / Sales0.56 Cash Flow$4.78 per share Price / Cash Flow7.39 Book Value$29.19 per share Price / Book1.21Miscellaneous Outstanding Shares21,670,000Free Float20,284,000Market Cap$766.25 million OptionableOptionable Beta0.56 Key ExecutivesEric Philip SillsChairman, President & Chief Executive OfficerJames J. BurkeChief Operating Officer & DirectorNathan R. IlesChief Financial OfficerRay NicholasChief Information Officer & Vice President-ITDale BurksChief Commercial Officer & Executive VPKey CompetitorsAmerican Axle & ManufacturingNYSE:AXLModine ManufacturingNYSE:MODGenthermNASDAQ:THRMDanaNYSE:DANDorman ProductsNASDAQ:DORMView All CompetitorsInsiders & InstitutionsRay NicholasSold 2,550 sharesTotal: $92,845.50 ($36.41/share)Legato Capital Management LLCSold 4,072 shares on 5/25/2023Ownership: 0.271%Ameriprise Financial Inc.Bought 105,302 shares on 5/22/2023Ownership: 1.627%JPMorgan Chase & Co.Bought 9,954 shares on 5/18/2023Ownership: 0.181%New York State Common Retirement FundSold 4,805 shares on 5/18/2023Ownership: 0.047%View All Insider TransactionsView All Institutional Transactions SMP Stock - Frequently Asked Questions Should I buy or sell Standard Motor Products stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Standard Motor Products in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SMP shares. View SMP analyst ratings or view top-rated stocks. What is Standard Motor Products' stock price forecast for 2023? 2 Wall Street research analysts have issued twelve-month price objectives for Standard Motor Products' shares. Their SMP share price forecasts range from $47.00 to $47.00. On average, they expect the company's stock price to reach $47.00 in the next year. This suggests a possible upside of 32.9% from the stock's current price. View analysts price targets for SMP or view top-rated stocks among Wall Street analysts. How have SMP shares performed in 2023? Standard Motor Products' stock was trading at $34.80 at the start of the year. Since then, SMP stock has increased by 1.6% and is now trading at $35.36. View the best growth stocks for 2023 here. Are investors shorting Standard Motor Products? Standard Motor Products saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 209,800 shares, a decline of 14.9% from the April 30th total of 246,500 shares. Based on an average daily volume of 113,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.1% of the shares of the company are short sold. View Standard Motor Products' Short Interest. When is Standard Motor Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our SMP earnings forecast. How were Standard Motor Products' earnings last quarter? Standard Motor Products, Inc. (NYSE:SMP) announced its earnings results on Wednesday, May, 3rd. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. The auto parts company earned $328.10 million during the quarter, compared to analysts' expectations of $328.90 million. Standard Motor Products had a net margin of 3.47% and a trailing twelve-month return on equity of 11.65%. The business's revenue was up 1.6% compared to the same quarter last year. During the same period last year, the company earned $0.92 earnings per share. How often does Standard Motor Products pay dividends? What is the dividend yield for Standard Motor Products? Standard Motor Products declared a quarterly dividend on Wednesday, May 3rd. Investors of record on Monday, May 15th will be given a dividend of $0.29 per share on Thursday, June 1st. This represents a $1.16 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date is Friday, May 12th. Read our dividend analysis for SMP. What ETFs hold Standard Motor Products' stock? ETFs with the largest weight of Standard Motor Products (NYSE:SMP) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Hartford Multifactor Small Cap ETF (ROSC), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P SmallCap 600 Pure Value ETF (RZV), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Syntax Stratified SmallCap ETF (SSLY), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL). Is Standard Motor Products a good dividend stock? Standard Motor Products (NYSE:SMP) pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.13%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 53.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMP will have a dividend payout ratio of 29.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SMP. What is Eric P. Sills' approval rating as Standard Motor Products' CEO? 30 employees have rated Standard Motor Products Chief Executive Officer Eric P. Sills on Glassdoor.com. Eric P. Sills has an approval rating of 90% among the company's employees. What other stocks do shareholders of Standard Motor Products own? Based on aggregate information from My MarketBeat watchlists, some companies that other Standard Motor Products investors own include Marathon Petroleum (MPC), Exxon Mobil (XOM), AbbVie (ABBV), Abbott Laboratories (ABT), International Business Machines (IBM), Kellogg (K), Pfizer (PFE), Skyworks Solutions (SWKS), AT&T (T) and Tesla (TSLA). What is Standard Motor Products' stock symbol? Standard Motor Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMP." Who are Standard Motor Products' major shareholders? Standard Motor Products' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.09%), Dimensional Fund Advisors LP (6.50%), Royce & Associates LP (5.73%), William Blair Investment Management LLC (4.68%), State Street Corp (3.81%) and Boston Partners (2.10%). Insiders that own company stock include Alisa C Norris, Arthur S Sills, Dale Burks, Eric Sills, Lawrence I Sills, Nathan R Iles, Peter J Sills, Ray Nicholas and Thomas Tesoro. View institutional ownership trends. How do I buy shares of Standard Motor Products? Shares of SMP 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 Standard Motor Products' stock price today? One share of SMP stock can currently be purchased for approximately $35.36. How much money does Standard Motor Products make? Standard Motor Products (NYSE:SMP) has a market capitalization of $766.25 million and generates $1.37 billion in revenue each year. The auto parts company earns $55.35 million in net income (profit) each year or $2.16 on an earnings per share basis. How many employees does Standard Motor Products have? The company employs 4,900 workers across the globe. How can I contact Standard Motor Products? Standard Motor Products' mailing address is 37-18 NORTHERN BOULEVARD, LONG ISLAND CITY NY, 11101. The official website for the company is www.smpcorp.com. The auto parts company can be reached via phone at (718) 392-0200, via email at financial@smpcorp.com, or via fax at 718-392-3270. This page (NYSE:SMP) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Standard Motor Products, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. 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