Standard Motor Products Stock Price, News & Analysis (NYSE:SMP)

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

Standard Motor Products declared a quarterly dividend on Thursday, July 25th. Investors of record on Thursday, August 15th will be paid a dividend of $0.23 per share on Tuesday, September 3rd. This represents a $0.92 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date is Wednesday, August 14th. View Standard Motor Products' Dividend History.

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

Standard Motor Products, Inc. (NYSE:SMP) announced its quarterly earnings results on Thursday, July, 25th. The auto parts company reported $0.92 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.12. The auto parts company earned $305.17 million during the quarter, compared to analysts' expectations of $302.47 million. Standard Motor Products had a net margin of 4.48% and a return on equity of 13.71%. The firm's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.74 EPS. View Standard Motor Products' Earnings History.

Standard Motor Products is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Standard Motor Products.

News articles about SMP stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Standard Motor Products earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the auto parts company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Standard Motor Products.

Standard Motor Products saw a decline in short interest in September. As of September 15th, there was short interest totalling 346,700 shares, a decline of 18.1% from the August 15th total of 423,300 shares. Based on an average daily volume of 88,400 shares, the days-to-cover ratio is currently 3.9 days. Approximately 1.8% of the shares of the company are sold short. 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), Dorman Products (DORM), LCI Industries (LCII), Visteon (VC), Dana (DAN), Gentherm (THRM), American Axle & Manufact. (AXL), Stoneridge (SRI), Tenneco (TEN), Tower International (TOWR) and Modine Manufacturing (MOD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Standard Motor Products investors own include Commercial Vehicle Group (CVGI), Tesla (TSLA), Yamana Gold (AUY), Sturm Ruger & Company Inc (RGR), Sensata Technologies (ST), Tailored Brands (TLRD), U.S. Bancorp (USB), Andersons (ANDE), Dorman Products (DORM) and Rent-A-Center (RCII).

Standard Motor Products' stock is owned by a number of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (1.90%), Envestnet Asset Management Inc. (0.29%), Strs Ohio (0.07%), State of Alaska Department of Revenue (0.07%) and Alpha Windward LLC (0.04%). Company insiders that own Standard Motor Products stock include 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 Strs Ohio. 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, 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 Tributary Capital Management LLC, Alpha Windward LLC, State of Alaska Department of Revenue and Envestnet 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, Robinhood, Fidelity and Charles Schwab.

One share of SMP stock can currently be purchased for approximately $50.31.

Standard Motor Products has a market capitalization of $1.12 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]