NYSE:SMP - Standard Motor Products Stock Price, Price Target & More

Standard Motor Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMP."

Standard Motor Products declared a quarterly dividend on Thursday, May 3rd. Investors of record on Tuesday, May 15th will be given a dividend of $0.21 per share on Friday, June 1st. This represents a $0.84 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Monday, May 14th. View Standard Motor Products' Dividend History.

Standard Motor Products announced that its board has initiated a stock repurchase plan on Friday, May 18th 2018, which permits the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Standard Motor Products, Inc. (NYSE:SMP) announced its quarterly earnings results on Thursday, May, 3rd. The auto parts company reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by $0.24. The auto parts company had revenue of $261.83 million for the quarter. Standard Motor Products had a net margin of 2.76% and a return on equity of 12.72%. Standard Motor Products's quarterly revenue was down 7.3% compared to the same quarter last year. During the same period last year, the company earned $0.74 EPS. View Standard Motor Products' Earnings History.

4 equities research analysts have issued 12 month price objectives for Standard Motor Products' shares. Their forecasts range from $48.00 to $60.00. On average, they anticipate Standard Motor Products' share price to reach $54.00 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View Analyst Ratings for Standard Motor Products.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Motor Products in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Standard Motor Products include Delphi Technologies (DLPH), Dana (DAN), Dongfeng Motor Group (DNFGY), Cooper Standard (CPS), Dorman Products (DORM), LCI Industries (LCII), Tenneco (TEN), American Axle & Manufact. (AXL), Meritor (MTOR), Gentherm (THRM), Stoneridge (SRI), Modine Manufacturing (MOD), Lydall (LDL), Iochpe-Maxion (IOCJY) and Tower International (TOWR).

News coverage about SMP stock has trended positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Standard Motor Products earned a news sentiment score of 0.36 on Accern's scale. They also assigned media coverage about the auto parts company an impact score of 46.64 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Standard Motor Products' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include First National Bank of Omaha (0.09%) and Dubuque Bank & Trust Co. (0.01%). Company insiders that own Standard Motor Products stock include Arthur S Sills, Carmine Joseph Broccole, Dale Burks, Eric Sills, Frederick D Sturdivant, James J Burke, John P Gethin, Lawrence I Sills, Peter J Sills, Ray Nicholas and Thomas Tesoro. View Institutional Ownership Trends for Standard Motor Products.

SMP stock was bought by a variety of institutional investors in the last quarter, including First National Bank of Omaha and Dubuque Bank & Trust Co.. View Insider Buying and Selling for Standard Motor Products.

Shares of SMP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SMP stock can currently be purchased for approximately $47.57.

Standard Motor Products has a market capitalization of $1.06 billion and generates $1.12 billion in revenue each year. The auto parts company earns $37.97 million in net income (profit) each year or $2.83 on an earnings per share basis. Standard Motor Products employs 4,200 workers across the globe.

Standard Motor Products' mailing address is 37-18 NORTHERN BOULEVARD, LONG ISLAND CITY NY, 11101. The auto parts company can be reached via phone at 718-392-0200 or via email at [email protected]