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. Investors 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 yield of 1.73%. The ex-dividend date is Monday, May 14th. View Standard Motor Products' Dividend History.

Standard Motor Products announced that its Board of Directors has approved a share buyback plan on Friday, May 18th 2018, which authorizes the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Standard Motor Products, Inc. (NYSE:SMP) posted its quarterly earnings data on Thursday, May, 3rd. The auto parts company reported $0.46 earnings per share 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 firm's quarterly revenue was down 7.3% on a year-over-year basis. During the same period last year, the company posted $0.74 earnings per share. View Standard Motor Products' Earnings History.

4 equities research analysts have issued 12 month target prices for Standard Motor Products' stock. Their predictions range from $48.00 to $60.00. On average, they expect Standard Motor Products' share price to reach $54.00 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Ratings for Standard Motor Products.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Motor Products in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Standard Motor Products include Adient (ADNT), Delphi Technologies (DLPH), Dana (DAN), Dongfeng Motor Group (DNFGY), LCI Industries (LCII), Dorman Products (DORM), Cooper Standard (CPS), Tenneco (TEN), American Axle & Manufact. (AXL), Meritor (MTOR), Gentherm (THRM), Stoneridge (SRI), Modine Manufacturing (MOD), IOCHPE MAXION S/S (IOCJY) and Lydall (LDL).

News coverage about SMP stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Standard Motor Products earned a news sentiment score of 0.12 on Accern's scale. They also gave news coverage about the auto parts company an impact score of 44.19 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Standard Motor Products' stock is owned by a variety of of institutional and retail investors. Top institutional investors include First National Bank of Omaha (0.09%), Nisa Investment Advisors LLC (0.04%), Municipal Employees Retirement System of Michigan (0.03%) and Dubuque Bank & Trust Co. (0.01%). 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 Municipal Employees Retirement System of Michigan and Nisa Investment Advisors LLC. 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 purchased by a variety of institutional investors in the last quarter, including First National Bank of Omaha and Dubuque Bank & Trust Co.. 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 $48.53.

Standard Motor Products has a market capitalization of $1.09 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]