Simpson Manufacturing Stock Price, News & Analysis (NYSE:SSD)

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simpson Manufacturing in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SSD shares.
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2 Wall Street research analysts have issued 1-year target prices for Simpson Manufacturing's shares. Their SSD share price targets range from $175.00 to $190.00. On average, they predict the company's share price to reach $182.50 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
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Simpson Manufacturing's stock was trading at $88.66 at the beginning of the year. Since then, SSD shares have increased by 101.0% and is now trading at $178.18.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024.
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Simpson Manufacturing Co., Inc. (NYSE:SSD) released its quarterly earnings data on Monday, October, 23rd. The construction company reported $2.43 EPS for the quarter, beating analysts' consensus estimates of $2.25 by $0.18. The construction company had revenue of $580.08 million for the quarter, compared to analysts' expectations of $559.07 million. Simpson Manufacturing had a trailing twelve-month return on equity of 23.19% and a net margin of 16.31%. The business's revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.06 earnings per share.

Simpson Manufacturing announced a quarterly dividend on Monday, October 23rd. Shareholders of record on Thursday, January 4th will be paid a dividend of $0.27 per share on Thursday, January 25th. This represents a $1.08 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend is Wednesday, January 3rd.
Read our dividend analysis for SSD.

Simpson Manufacturing (NYSE:SSD) pays an annual dividend of $1.08 per share and currently has a dividend yield of 0.63%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSD will have a dividend payout ratio of 12.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSD.

ETFs with the largest weight of Simpson Manufacturing (NYSE:SSD) stock in their portfolio include Invesco S&P MidCap 400 Pure Growth ETF (RFG), Schwab Ariel ESG ETF (SAEF), Franklin U.S. Small Cap Multifactor Index ETF (FLQS), iShares U.S. Home Construction ETF (ITB), Hoya Capital Housing ETF (HOMZ), iShares U.S. Infrastructure ETF (IFRA), SPDR S&P 400 Mid CapGrowth ETF (MDYG) and iShares Russell 2000 Growth ETF (IWO).

57 employees have rated Simpson Manufacturing Chief Executive Officer Karen W. Colonias on Glassdoor.com. Karen W. Colonias has an approval rating of 62% among the company's employees. This puts Karen W. Colonias in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Simpson Manufacturing investors own include Intel (INTC), Walt Disney (DIS), Wells Fargo & Company (WFC), Bank of America (BAC), CVS Health (CVS), Johnson & Johnson (JNJ), Altria Group (MO), AT&T (T), Verizon Communications (VZ) and Whirlpool (WHR).

Simpson Manufacturing's stock is owned by a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (10.82%), JPMorgan Chase & Co. (3.95%), Conestoga Capital Advisors LLC (3.22%), FMR LLC (2.46%), Northern Trust Corp (1.77%) and Charles Schwab Investment Management Inc. (1.39%). Insiders that own company stock include Brian J Magstadt, Brian J Magstadt, James S Andrasick, Karen Winifred Colonias, Kevin Lee Swartzendruber, Michael A Bless, Michael Andersen, Michael Olosky, Philip E Donaldson and Roger Dankel.
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Shares of SSD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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