Simpson Manufacturing - SSD Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Simpson Manufacturing in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSD shares.
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3 equities research analysts have issued twelve-month price objectives for Simpson Manufacturing's shares. Their SSD share price forecasts range from $142.00 to $152.00. On average, they predict the company's stock price to reach $146.33 in the next twelve months. This suggests a possible upside of 88.3% 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 $139.07 at the beginning of the year. Since then, SSD stock has decreased by 44.1% and is now trading at $77.73.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our SSD earnings forecast.

Simpson Manufacturing Co., Inc. (NYSE:SSD) posted its earnings results on Monday, July, 25th. The construction company reported $2.16 EPS for the quarter, missing analysts' consensus estimates of $2.18 by $0.02. The construction company earned $593.23 million during the quarter, compared to analysts' expectations of $579.84 million. Simpson Manufacturing had a trailing twelve-month return on equity of 27.51% and a net margin of 17.44%. Simpson Manufacturing's revenue was up 44.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.66 EPS.

Simpson Manufacturing declared a quarterly dividend on Wednesday, July 27th. Shareholders of record on Thursday, October 6th will be paid a dividend of $0.26 per share on Thursday, October 27th. This represents a $1.04 annualized dividend and a yield of 1.34%. The ex-dividend date is Wednesday, October 5th.
Read our dividend analysis for SSD.

Simpson Manufacturing (NYSE:SSD) pays an annual dividend of $1.04 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSD will have a dividend payout ratio of 15.48% 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 a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (8.38%), JPMorgan Chase & Co. (3.99%), Conestoga Capital Advisors LLC (3.18%), State Street Corp (3.10%), Federated Hermes Inc. (1.62%) and Northern Trust Corp (1.46%). Insiders that own company stock include Brian J Magstadt, Brian J Magstadt, Greenway Robin Macgillivray, James S Andrasick, Jennifer Chatman, Karen Winifred Colonias, Kevin Lee Swartzendruber, Michael A Bless, Michael Olosky 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 $77.73.

Simpson Manufacturing (NYSE:SSD) has a market capitalization of $3.36 billion and generates $1.57 billion in revenue each year. The construction company earns $266.45 million in net income (profit) each year or $7.65 on an earnings per share basis.

The company employs 3,971 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.