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. Shareholders of record on Tuesday, May 15th will be given a dividend of $0.21 per share on Friday, June 1st. This represents a $0.84 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Monday, May 14th. View Standard Motor Products' Dividend History.

Standard Motor Products declared that its board has initiated a stock repurchase 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 purchase up to 2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by $0.24. The auto parts company had revenue of $261.83 million for the quarter. Standard Motor Products had a net margin of 2.76% and a return on equity of 12.72%. The company's quarterly revenue was down 7.3% on a year-over-year basis. During the same period last year, the company posted $0.74 EPS. View Standard Motor Products' Earnings History.

3 Wall Street analysts have issued 1-year target prices for Standard Motor Products' stock. Their predictions range from $48.00 to $60.00. On average, they expect Standard Motor Products' stock price to reach $54.00 in the next twelve months. 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 headlines about SMP stock have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Standard Motor Products earned a media sentiment score of 0.14 on Accern's scale. They also gave press coverage about the auto parts company an impact score of 47.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Standard Motor Products' stock is owned by many different of institutional and retail 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 $49.57.

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]