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 announced a quarterly dividend on Thursday, May 3rd. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.21 per share on Friday, June 1st. This represents a $0.84 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Monday, May 14th. View Standard Motor Products' Dividend History.

Standard Motor Products declared that its board has initiated a stock buyback plan on Friday, May 18th 2018, which authorizes the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

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

3 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 expect Standard Motor Products' stock price to reach $54.00 in the next year. View Analyst Ratings for Standard Motor Products.

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

Media coverage about SMP stock has been trending somewhat positive this week, according to Accern. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Standard Motor Products earned a daily sentiment score of 0.22 on Accern's scale. They also assigned news coverage about the auto parts company an impact score of 46.23 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Standard Motor Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.83%), Dimensional Fund Advisors LP (7.16%), Schroder Investment Management Group (1.53%), Boston Partners (1.25%), Rockefeller Capital Management L.P. (1.11%) and Eagle Asset Management Inc. (0.94%). 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 sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Prudential Financial Inc., Opus Capital Group LLC, Boston Partners, American International Group Inc., LSV Asset Management, OppenheimerFunds Inc. and Teacher Retirement System of Texas. Company insiders that have sold Standard Motor Products company stock in the last year include Carmine Joseph Broccole, Dale Burks, Eric Sills, James J Burke, John P Gethin, Lawrence I Sills, Peter J Sills, Ray Nicholas and Thomas Tesoro. View Insider Buying and Selling for Standard Motor Products.

SMP stock was acquired by a variety of institutional investors in the last quarter, including Rockefeller Capital Management L.P., Ceredex Value Advisors LLC, Schroder Investment Management Group, JPMorgan Chase & Co., Palisade Capital Management LLC NJ, Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc. and Eagle Asset Management Inc.. 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 $50.29.

Standard Motor Products has a market capitalization of $1.10 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]