Simpson Manufacturing (SSD) Stock Forecast, Price & News

2 Wall Street equities 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 equities research analysts is that investors should "moderate buy" SSD shares.
View SSD analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12 month price objectives for Simpson Manufacturing's shares. Their SSD share price forecasts range from $175.00 to $190.00. On average, they anticipate the company's stock price to reach $182.50 in the next year. This suggests a possible upside of 22.7% from the stock's current price.
View analysts price targets for SSD or view top-rated stocks among Wall Street analysts.

Simpson Manufacturing's stock was trading at $88.66 at the start of the year. Since then, SSD stock has increased by 67.7% and is now trading at $148.72.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our SSD earnings forecast.

Simpson Manufacturing Co., Inc. (NYSE:SSD) released its earnings results on Monday, July, 24th. The construction company reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.13 by $0.37. The construction company earned $597.60 million during the quarter, compared to analysts' expectations of $553.23 million. Simpson Manufacturing had a trailing twelve-month return on equity of 23.43% and a net margin of 15.78%. The company's quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.16 earnings per share.

Simpson Manufacturing declared a quarterly dividend on Monday, July 31st. Investors of record on Thursday, October 5th will be paid a dividend of $0.27 per share on Thursday, October 26th. This represents a $1.08 annualized dividend and a yield of 0.73%. The ex-dividend date is Wednesday, October 4th.
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).

Simpson Manufacturing (NYSE:SSD) pays an annual dividend of $1.08 per share and currently has a dividend yield of 0.74%. 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 13.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSD will have a dividend payout ratio of 12.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSD.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSD."

Simpson Manufacturing's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.72%), Kayne Anderson Rudnick Investment Management LLC (10.83%), JPMorgan Chase & Co. (4.03%), State Street Corp (3.30%), Conestoga Capital Advisors LLC (3.24%) and Dimensional Fund Advisors LP (2.30%). 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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One share of SSD stock can currently be purchased for approximately $148.72.

Simpson Manufacturing (NYSE:SSD) has a market capitalization of $6.35 billion and generates $2.12 billion in revenue each year. The construction company earns $333.99 million in net income (profit) each year or $7.96 on an earnings per share basis.

The company employs 5,158 workers across the globe.

Simpson Manufacturing's mailing address is 5956 W. Las Positas Blvd, Pleasanton CA, 94588. The official website for the company is www.simpsonmfg.com. The construction company can be reached via phone at (925) 560-9000, via email at investor.relations@strongtie.com, or via fax at 925-847-1597.