Should I buy or sell Standard Motor Products stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Motor Products in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SMP shares. View SMP analyst ratings or view top-rated stocks .

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 6.2% and is now trading at $36.95. 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 November. As of November 15th, there was short interest totaling 262,100 shares, a decline of 28.4% from the October 31st total of 366,300 shares. Based on an average daily trading volume, of 153,900 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.4% of the company's stock are sold short. 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, February 28th 2024. View our SMP earnings forecast .

How were Standard Motor Products' earnings last quarter?

Standard Motor Products, Inc. (NYSE:SMP) posted its earnings results on Friday, October, 27th. The auto parts company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.12. The auto parts company earned $386.40 million during the quarter, compared to the consensus estimate of $391.87 million. Standard Motor Products had a trailing twelve-month return on equity of 11.30% and a net margin of 2.59%. The company's revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 earnings per share.

How often does Standard Motor Products pay dividends? What is the dividend yield for Standard Motor Products?

Standard Motor Products announced a quarterly dividend on Friday, October 27th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.29 per share on Friday, December 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Tuesday, November 14th. Read our dividend analysis for SMP .

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 3.18%. 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 72.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMP will have a dividend payout ratio of 33.53% 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) , Kellanova (K) , Pfizer (PFE) , Skyworks Solutions (SWKS) , AT&T (T) and Tesla (TSLA) .

Who are Standard Motor Products' major shareholders?

Standard Motor Products' stock is owned by many different retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (4.42%), Boston Partners (2.02%), Charles Schwab Investment Management Inc. (1.60%), Ameriprise Financial Inc. (1.59%), Gabelli Funds LLC (1.45%) and Gamco Investors INC. ET AL (1.36%). Insiders that own company stock include Alisa C Norris, Arthur S Sills, Carmine Joseph Broccole, 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 .

Standard Motor Products Stock Price, News & Analysis (NYSE:SMP)

$36.95

-0.64 (-1.70%)

(As of 12/5/2023 ET)

Compare

Today's Range: $36.82
▼
$37.52
50-Day Range: $31.57
▼
$37.57
52-Week Range: $30.15
▼
$42.42

Volume: 202,670 shs
Average Volume: 113,944 shs
Market Capitalization: $802.92 million

P/E Ratio: 22.95
Dividend Yield: 3.14%
Price Target: N/A

Standard Motor Products MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.41% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.38
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$300,720 Sold Last Quarter
Proj. Earnings Growth: 8.81%
From $3.18 to $3.46 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Consumer Cyclical Sector

7th out of 61 stocks

Auto Parts Industry

3rd out of 10 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Standard Motor Products.

5.0

Short Interest

Percentage of Shares Shorted
1.41% of the float of Standard Motor Products has been sold short.
Short Interest Ratio / Days to Cover
Standard Motor Products has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Standard Motor Products has recently decreased by 28.45%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Standard Motor Products pays a meaningful dividend of 3.18%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Standard Motor Products has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Standard Motor Products is 72.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Standard Motor Products will have a dividend payout ratio of 33.53% next year. This indicates that Standard Motor Products will be able to sustain or increase its dividend.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Standard Motor Products has received a -21.55% 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", "Engine cooling systems", "Automotive electrical wiring", "Engine starting systems", and "Car sensors" products. See details.
Environmental Sustainability
The Environmental Impact score for Standard Motor Products is -3.38.

2.7

News and Social Media Coverage

News Sentiment
Standard Motor Products has a news sentiment score of 0.86. 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 0.32 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Standard Motor Products this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for SMP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $300,720.00 in company stock.
Percentage Held by Insiders
Only 6.40% of the stock of Standard Motor Products is held by insiders.
Percentage Held by Institutions
77.05% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Standard Motor Products are expected to grow by 8.81% in the coming year, from $3.18 to $3.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Standard Motor Products is 22.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Standard Motor Products is 22.95, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 335.92.
Price to Book Value per Share Ratio
Standard Motor Products has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Standard Motor Products Stock (NYSE:SMP)

Standard Motor Products, Inc. manufactures and distributes automotive parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry in the United States and internationally. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pressure and temperature sensors, variable valve timing components, mass airflow and fuel pressure sensors, electronic throttle bodies, and diesel injectors and pumps; and anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. This segment offers its products under the Standard, Blue Streak, Intermotor, OEM, BWD select, techexpert, Locksmart, and pollak brands. Its Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, ACI, Hayden, Factory Air, and Everco HD brands; also distribute our products to customers for resale under private labels with NAPA Echlin and Belden brands. Its products include air conditioning compressors and repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, actuators, hose assemblies, thermal expansion devices, heater valves, heater cores, A/C service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company serves primarily automotive aftermarket retailers, warehouse distributors, original equipment manufacturers, and original equipment service part manufactures. The company was founded in 1919 and is headquartered in Long Island City, New York.

SMP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SMP Stock News Headlines

November 29, 2023 | finance.yahoo.com

Standard Motor Products, Inc. Directors Recognized

November 21, 2023 | markets.businessinsider.com

Standard Motor Products Expands Additional Categories

December 6, 2023 | Edge On The Street (Ad)

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November 6, 2023 | finance.yahoo.com

Investors in Standard Motor Products (NYSE:SMP) have unfortunately lost 26% over the last five years

November 1, 2023 | msn.com

Standard Motor (SMP) Q3 Earnings Top Estimates, Revenues Miss

October 30, 2023 | gurufocus.com

The Standard Motor Products Inc (SMP) Company: A Short SWOT Analysis

October 28, 2023 | msn.com

Standard Motor Products declares $0.29 dividend

October 28, 2023 | finance.yahoo.com

Q3 2023 Standard Motor Products Inc Earnings Call

December 6, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

October 27, 2023 | finance.yahoo.com

Standard Motor Products, Inc. Announces Third Quarter 2023 Results and Quarterly Dividend

October 27, 2023 | finance.yahoo.com

Standard Motor Products (SMP) Q3 Earnings Surpass Estimates

October 27, 2023 | finance.yahoo.com

Standard Motor Products Inc (SMP) Announces Q3 2023 Results and Quarterly Dividend

October 26, 2023 | benzinga.com

Earnings Preview: Standard Motor Products

October 26, 2023 | finance.yahoo.com

Standard Motor Products' October Release Includes 276 New Numbers

October 25, 2023 | finance.yahoo.com

Standard Motor Products, Inc. Announces Third Quarter 2023 Earnings Conference Call

October 11, 2023 | finance.yahoo.com

Standard Motor Products Expands Oil Filter Housing Kit Program

October 8, 2023 | finance.yahoo.com

Standard Motor Products, Inc.'s (NYSE:SMP) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

October 4, 2023 | finance.yahoo.com

Standard Motor Products, Inc. STABIL Facility Earns PACCAR 2022 10 PPM Award

September 25, 2023 | finance.yahoo.com

Standard Motor Products' Releases 272 New Part Numbers

September 25, 2023 | gurufocus.com

Unlocking Intrinsic Value: A Deep Dive into Standard Motor Products Inc

September 21, 2023 | finance.yahoo.com

Standard Motor Products Partners with MyScandia.com for Comprehensive Website Redesign and Umbraco Rebuild

September 2, 2023 | finance.yahoo.com

Standard Motor Products' (NYSE:SMP) Returns On Capital Not Reflecting Well On The Business

September 1, 2023 | finance.yahoo.com

Standard Motor Products (SMP) Up 1.2% Since Last Earnings Report: Can It Continue?

August 30, 2023 | msn.com

Standard Motor Products (SMP) Price Target Decreased by 6.90% to 45.90

August 30, 2023 | seekingalpha.com

Standard Motor Products: A Good Opportunity For Long-Term Dividend Investors

August 23, 2023 | finance.yahoo.com

Standard Motor Products' August Release Includes 210 New Part Numbers

August 14, 2023 | markets.businessinsider.com

Standard Motor Products Expands Emission Control Program

See More Headlines

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Company Calendar

Last Earnings: 10/27/2023
Ex-Dividend for 12/1 Dividend: 11/14/2023
Dividend Payable: 12/01/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Auto Parts
Sub-Industry: Auto Parts & Equipment
Sector: Consumer Cyclical
Current Symbol: NYSE:SMP
CUSIP: 85366610
CIK: 93389
Web: www.smpcorp.com
Phone: (718) 392-0200
Fax: 718-392-3270
Employees: 4,900
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.61
Trailing P/E Ratio: 22.95
Forward P/E Ratio: 11.62
P/E Growth: N/A
Net Income: $55.35 million
Net Margins: 2.59%
Pretax Margin: 6.25%
Return on Equity: 11.30%
Return on Assets: 5.54%

Debt

Debt-to-Equity Ratio: 0.15
Current Ratio: 2.04
Quick Ratio: 0.76

Sales & Book Value

Annual Sales: $1.37 billion
Price / Sales: 0.59
Cash Flow: $5.08 per share
Price / Cash Flow: 7.28
Book Value: $28.79 per share
Price / Book: 1.28

Miscellaneous

Outstanding Shares: 21,730,000
Free Float: 20,338,000
Market Cap: $802.92 million
Optionable: Optionable
Beta: 0.64

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Key Executives

Mr. Eric Philip Sills (Age 54)
CEO, President & Chairman
Comp: $1.34M
Mr. Nathan R. Iles (Age 46)
CFO & Member of the Office of Chief Executive
Comp: $1.03M
Mr. James J. Burke (Age 68)
COO, Member of the Office of Chief Executive & Director
Comp: $1.31M
Mr. Carmine J. Broccole (Age 57)
Chief Legal Officer & Secretary
Comp: $868.52k
Mr. Dale Burks (Age 63)
EVP, Chief Commercial Officer & Member of the Office of Chief Executive
Comp: $1.08M
Mr. William J. Fazio (Age 68)
Chief Accounting Officer
Mr. Ray Nicholas (Age 59)
VP of Information Technology & Chief Information Officer
Mr. Anthony Francis Cristello (Age 54)
Vice President of Investor Relations
Ms. Kristine M. Frost
Chief Human Resources Officer
Ms. Erin Pawlish (Age 47)
Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SMP Stock Analysis - Frequently Asked Questions

Should I buy or sell Standard Motor Products stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Motor Products in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SMP shares.
View SMP analyst ratings or view top-rated stocks.
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 6.2% and is now trading at $36.95.
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 November. As of November 15th, there was short interest totaling 262,100 shares, a decline of 28.4% from the October 31st total of 366,300 shares. Based on an average daily trading volume, of 153,900 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.4% of the company's stock are sold short.
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, February 28th 2024.
View our SMP earnings forecast.
How were Standard Motor Products' earnings last quarter?: Standard Motor Products, Inc. (NYSE:SMP) posted its earnings results on Friday, October, 27th. The auto parts company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.12. The auto parts company earned $386.40 million during the quarter, compared to the consensus estimate of $391.87 million. Standard Motor Products had a trailing twelve-month return on equity of 11.30% and a net margin of 2.59%. The company's revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 earnings per share.
How often does Standard Motor Products pay dividends? What is the dividend yield for Standard Motor Products?: Standard Motor Products announced a quarterly dividend on Friday, October 27th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.29 per share on Friday, December 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Tuesday, November 14th.
Read our dividend analysis for SMP.

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 3.18%. 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 72.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMP will have a dividend payout ratio of 33.53% 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), Kellanova (K), Pfizer (PFE), Skyworks Solutions (SWKS), AT&T (T) and Tesla (TSLA).
Who are Standard Motor Products' major shareholders?: Standard Motor Products' stock is owned by many different retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (4.42%), Boston Partners (2.02%), Charles Schwab Investment Management Inc. (1.60%), Ameriprise Financial Inc. (1.59%), Gabelli Funds LLC (1.45%) and Gamco Investors INC. ET AL (1.36%). Insiders that own company stock include Alisa C Norris, Arthur S Sills, Carmine Joseph Broccole, 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.

This page (NYSE:SMP) was last updated on 12/6/2023 by MarketBeat.com Staff

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Standard Motor Products Stock Price, News & Analysis (NYSE:SMP)

Standard Motor Products MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Standard Motor Products Stock (NYSE:SMP)

SMP Stock Price History

SMP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SMP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™