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. Investors of record on Friday, February 14th will be given a dividend of $0.25 per share on Monday, March 2nd. This represents a $1.00 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, February 13th. This is a boost 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 authorized a stock buyback plan on Friday, May 18th 2018, which permits the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

Standard Motor Products, Inc. (NYSE:SMP) released its quarterly earnings results on Wednesday, February, 19th. The auto parts company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.57 by $0.02. The auto parts company had revenue of $241.30 million for 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%. Standard Motor Products's revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.52 EPS. 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 equities research analysts have issued 12 month price objectives for Standard Motor Products' shares. Their forecasts range from $61.00 to $61.00. On average, they anticipate Standard Motor Products' stock price to reach $61.00 in the next year. This suggests a possible upside of 38.6% 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 been trending very negative recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Standard Motor Products earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned media headlines about the auto parts company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Standard Motor Products.

Standard Motor Products saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 508,200 shares, an increase of 15.5% from the January 30th total of 440,100 shares. Based on an average daily volume of 93,000 shares, the short-interest ratio is currently 5.5 days. Currently, 2.6% of the shares of the stock are sold short. 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), Tower International (TOWR), Stoneridge (SRI), 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), Helmerich & Payne (HP), Kohl's (KSS) and Marathon Petroleum (MPC).

Standard Motor Products' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (6.91%), FMR LLC (4.75%), State Street Corp (2.81%), Neumeier Poma Investment Counsel LLC (2.05%), Macquarie Group Ltd. (2.00%) and Tributary Capital Management LLC (1.83%). 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., Macquarie Group Ltd., Schroder Investment Management Group, Thrivent Financial for Lutherans, Great West Life Assurance Co. Can, State Street Corp and Rockefeller Capital Management L.P.. 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 $44.00.

Standard Motor Products has a market capitalization of $988.24 million 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]