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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Motor Products in the last year. 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.

Standard Motor Products' stock was trading at $34.80 at the start of the year. Since then, SMP stock has increased by 2.3% and is now trading at $35.59.
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Standard Motor Products saw a decline in short interest in 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. Currently, 1.4% of the shares of the company are sold short.
View Standard Motor Products' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our SMP earnings forecast.

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

Standard Motor Products announced a quarterly dividend on Friday, October 27th. Shareholders 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 annualized dividend and a yield of 3.26%. The ex-dividend date is Tuesday, November 14th.
Read our dividend analysis for SMP.

Standard Motor Products (NYSE:SMP) pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.26%. 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.

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.

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).

Standard Motor Products' stock is owned by a variety of retail and institutional investors. Top institutional shareholders 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.

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.
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