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

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, July 25th. Investors of record on Thursday, August 15th will be paid a dividend of $0.23 per share on Tuesday, September 3rd. This represents a $0.92 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Wednesday, August 14th. View Standard Motor Products' Dividend History.

Standard Motor Products declared that its Board of Directors has initiated a stock repurchase program on Friday, May 18th 2018, which allows the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.

Standard Motor Products, Inc. (NYSE:SMP) announced its earnings results on Thursday, July, 25th. The auto parts company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.80 by $0.12. The auto parts company earned $305.17 million during the quarter, compared to analyst estimates of $302.47 million. Standard Motor Products had a net margin of 4.48% and a return on equity of 13.71%. Standard Motor Products's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.74 earnings per share. View Standard Motor Products' Earnings History.

Standard Motor Products is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Standard Motor Products.

Media stories about SMP stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Standard Motor Products earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave headlines about the auto parts company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Standard Motor Products.

Standard Motor Products saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 346,700 shares, a drop of 18.1% from the August 15th total of 423,300 shares. Based on an average daily trading volume, of 88,400 shares, the short-interest ratio is presently 3.9 days. Currently, 1.8% of the shares of the stock are sold short. View Standard Motor Products' Current Options Chain.

Some companies that are related to Standard Motor Products include Dorman Products (DORM), LCI Industries (LCII), Adient (ADNT), Dana (DAN), Veoneer (VNE), Meritor (MTOR), Gentherm (THRM), Delphi Technologies (DLPH), American Axle & Manufact. (AXL), Stoneridge (SRI), Garrett Motion (GTX), IOCHPE MAXION S/S (IOCJY), Tenneco (TEN), Tower International (TOWR) and Cooper-Standard (CPS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Standard Motor Products investors own include Commercial Vehicle Group (CVGI), Tesla (TSLA), Yamana Gold (AUY), Sturm Ruger & Company Inc (RGR), Sensata Technologies (ST), Tailored Brands (TLRD), U.S. Bancorp (USB), Andersons (ANDE), Dorman Products (DORM) and Rent-A-Center (RCII).

Standard Motor Products' stock is owned by a number of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (1.90%), State of Alaska Department of Revenue (0.07%) and Alpha Windward LLC (0.04%). Company insiders that own Standard Motor Products stock include Carmine Joseph Broccole, Dale Burks, Eric Sills, Frederick D Sturdivant, John P Gethin, Lawrence I Sills, Pamela Forbes Lieberman, 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 Tributary Capital Management LLC, Alpha Windward LLC and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

One share of SMP stock can currently be purchased for approximately $48.50.

Standard Motor Products has a market capitalization of $1.08 billion and generates $1.09 billion in revenue each year. The auto parts company earns $43 million in net income (profit) each year or $2.55 on an earnings per share basis. Standard Motor Products employs 4,400 workers across the globe.View Additional Information About Standard Motor Products.

The official website for Standard Motor Products is http://www.smpcorp.com/.

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]