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 declared a quarterly dividend on Friday, January 31st. Stockholders of record on Friday, February 14th will be paid a dividend of $0.25 per share on Monday, March 2nd. This represents a $1.00 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Thursday, February 13th. This is a positive change from Standard Motor Products's previous quarterly dividend of $0.23. View Standard Motor Products' Dividend History.

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

Standard Motor Products, Inc. (NYSE:SMP) announced its earnings results on Wednesday, February, 19th. The auto parts company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. The auto parts company earned $241.30 million during the quarter, compared to analyst estimates of $250.69 million. Standard Motor Products had a return on equity of 14.48% and a net margin of 5.09%. The business's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 earnings per share. View Standard Motor Products' Earnings History.

Standard Motor Products is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Standard Motor Products.

1 brokerages have issued twelve-month target prices for Standard Motor Products' shares. Their forecasts range from $61.00 to $61.00. On average, they anticipate Standard Motor Products' share price to reach $61.00 in the next twelve months. 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.

News coverage about SMP stock has been trending negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Standard Motor Products earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the auto parts company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely 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 increase in short interest in January. As of January 31st, there was short interest totalling 440,100 shares, an increase of 15.1% from the January 15th total of 382,200 shares. Based on an average daily trading volume, of 96,300 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.3% 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), Gentex (GNTX), Lear (LEA), BorgWarner (BWA), Allison Transmission (ALSN), LCI Industries (LCII), Dorman Products (DORM), Dana (DAN), Visteon (VC), Gentherm (THRM), American Axle & Manufact. (AXL), Stoneridge (SRI), Spartan Motors (SPAR), Tower International (TOWR) 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), Helmerich & Payne (HP), Kohl's (KSS) and Marathon Petroleum (MPC).

Standard Motor Products' stock is owned by a number of of institutional and retail investors. Top institutional investors include Royce & Associates LP (6.91%), FMR LLC (4.75%), State Street Corp (2.81%), Neumeier Poma Investment Counsel LLC (2.05%), Tributary Capital Management LLC (1.83%) and Copeland Capital Management LLC (1.72%). 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 Royce & Associates LP, Russell Investments Group Ltd., FMR LLC, Renaissance Technologies LLC, Ceredex Value Advisors LLC, Anchor Capital Advisors LLC, Tributary Capital Management LLC and Bank of New York Mellon Corp. 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 acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, TD Asset Management Inc., Schroder Investment Management Group, Thrivent Financial for Lutherans, Great West Life Assurance Co. Can, State Street Corp, Rockefeller Capital Management L.P. and Goldman Sachs Group 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 $50.65.

Standard Motor Products has a market capitalization of $1.14 billion and generates $1.14 billion in revenue each year. The auto parts company earns $57.92 million in net income (profit) each year or $3.10 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]