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 1.87%. The ex-dividend date is Wednesday, August 14th. View Standard Motor Products' Dividend History.

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

Standard Motor Products, Inc. (NYSE:SMP) released its quarterly earnings results on Thursday, July, 25th. The auto parts company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.12. The auto parts company had revenue of $305.17 million for the quarter, compared to analysts' expectations of $302.47 million. Standard Motor Products had a return on equity of 13.71% and a net margin of 4.48%. The firm's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the prior year, the business posted $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.

Headlines about SMP stock have been trending somewhat negative this week, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Standard Motor Products earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the auto parts company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Standard Motor Products.

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

Some companies that are related to Standard Motor Products include Dorman Products (DORM), LCI Industries (LCII), Dana (DAN), Adient (ADNT), Veoneer (VNE), Meritor (MTOR), Gentherm (THRM), Delphi Technologies (DLPH), American Axle & Manufact. (AXL), Stoneridge (SRI), IOCHPE MAXION S/S (IOCJY), Tenneco (TEN), Garrett Motion (GTX), 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 many different of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (1.90%), Envestnet Asset Management Inc. (0.29%), 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 acquired by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Alpha Windward LLC, State of Alaska Department of Revenue and Envestnet 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, Robinhood, Fidelity and Charles Schwab.

One share of SMP stock can currently be purchased for approximately $49.29.

Standard Motor Products has a market capitalization of $1.10 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]