NYSE:SMP - Standard Motor Products Stock Price, Forecast & News

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

Standard Motor Products announced a quarterly dividend on Wednesday, October 30th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.23 per share on Monday, December 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Thursday, November 14th. View Standard Motor Products' Dividend History.

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

Standard Motor Products, Inc. (NYSE:SMP) posted its earnings results on Wednesday, October, 30th. The auto parts company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.10. The auto parts company earned $307.70 million during the quarter, compared to the consensus estimate of $311.11 million. Standard Motor Products had a net margin of 4.35% and a return on equity of 14.40%. The firm's quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the business posted $0.83 earnings per share. View Standard Motor Products' Earnings History.

Standard Motor Products is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Standard Motor Products.

1 equities research analysts have issued 1 year price targets for Standard Motor Products' shares. Their forecasts range from $61.00 to $61.00. On average, they expect Standard Motor Products' stock price to reach $61.00 in the next year. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for Standard Motor Products.

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Standard Motor Products.

Media coverage about SMP stock has trended somewhat negative on Friday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Standard Motor Products earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave media stories about the auto parts company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Standard Motor Products.

Standard Motor Products saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 382,200 shares, an increase of 21.1% from the December 15th total of 315,600 shares. Based on an average daily volume of 94,600 shares, the days-to-cover ratio is currently 4.0 days. Approximately 2.0% of the company's stock are short sold. View Standard Motor Products' Current Options Chain.

Some companies that are related to Standard Motor Products include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Gentex (GNTX), Allison Transmission (ALSN), LCI Industries (LCII), Dorman Products (DORM), Visteon (VC), Dana (DAN), Gentherm (THRM), American Axle & Manufact. (AXL), Stoneridge (SRI), Tower International (TOWR), Spartan Motors (SPAR) and Tenneco (TEN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Standard Motor Products investors own include IBM (IBM), Occidental Petroleum (OXY), Verizon Communications (VZ), Tesla (TSLA), Walgreens Boots Alliance (WBA), Abbott Laboratories (ABT), Walt Disney (DIS), Kohl's (KSS), Marathon Petroleum (MPC) and ONEOK (OKE).

Standard Motor Products' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.83%), First National Bank of Omaha (0.11%), Strs Ohio (0.07%), Louisiana State Employees Retirement System (0.03%) and Janney Montgomery Scott LLC (0.02%). 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, Pamela Forbes Lieberman, 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 Tributary Capital Management LLC, Strs Ohio and Louisiana State Employees Retirement System. Company insiders that have sold Standard Motor Products company stock in the last year include Arthur S Sills, Carmine Joseph Broccole, Dale Burks, Eric Sills, James J Burke, John P Gethin, Lawrence I Sills, Pamela Forbes Lieberman, Peter J Sills and Thomas Tesoro. View Insider Buying and Selling for Standard Motor Products.

SMP stock was purchased by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC and First National Bank of Omaha. 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 $50.65.

Standard Motor Products has a market capitalization of $1.14 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]