Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Price, News & Analysis → Write this ticker symbol down… (From StocksToTrade) (Ad) Free SIMO Stock Alerts $78.09 -0.07 (-0.09%) (As of 05/31/2024 08:51 PM ET) Add Compare Share Share Today's Range$76.80▼$78.5050-Day Range$71.70▼$82.8752-Week Range$49.50▼$95.33Volume320,000 shsAverage Volume428,735 shsMarket Capitalization$2.63 billionP/E Ratio44.37Dividend Yield2.55%Price Target$91.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Silicon Motion Technology alerts: Email Address Silicon Motion Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside16.7% Upside$91.13 Price TargetShort InterestHealthy2.85% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth52.71%From $2.77 to $4.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.64 out of 5 starsComputer And Technology Sector79th out of 596 stocksSemiconductors & Related Devices Industry12th out of 89 stocks 3.5 Analyst's Opinion Consensus RatingSilicon Motion Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSilicon Motion Technology has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Silicon Motion Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.85% of the float of Silicon Motion Technology has been sold short.Short Interest Ratio / Days to CoverSilicon Motion Technology has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silicon Motion Technology has recently increased by 2.26%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSilicon Motion Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Silicon Motion Technology is 113.07%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 47.04% next year. This indicates that Silicon Motion Technology will be able to sustain or increase its dividend.Read more about Silicon Motion Technology's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SIMO. Previous Next 3.2 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Silicon Motion Technology this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for SIMO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows9 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Silicon Motion Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.34% of the stock of Silicon Motion Technology is held by insiders.Percentage Held by Institutions78.02% of the stock of Silicon Motion Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Silicon Motion Technology's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Silicon Motion Technology are expected to grow by 52.71% in the coming year, from $2.77 to $4.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 44.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 44.37, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 204.74.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 0.74. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSilicon Motion Technology has a P/B Ratio of 3.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Silicon Motion Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.Click here for the full story… About Silicon Motion Technology Stock (NASDAQ:SIMO)Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company was founded in 1995 and is based in Hong Kong, Hong Kong.Read More SIMO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SIMO Stock News HeadlinesMay 29, 2024 | prnewswire.comSilicon Motion Unveils Next-Generation Ultra-Fast, Single-Chip Controller for High-Density Portable SSDs, Ideally Suited for Next-Generation AI Smart Devices and Gaming ConsolesMay 24, 2024 | americanbankingnews.comSilicon Motion Technology Co. (NASDAQ:SIMO) Receives Average Recommendation of "Buy" from AnalystsMay 21, 2024 | finance.yahoo.comSilicon Motion Technology (NASDAQ:SIMO) May Have Issues Allocating Its CapitalMay 14, 2024 | seekingalpha.comSilicon Motion: NAND Flash Is Coming Back - Initiating With A BuyMay 7, 2024 | msn.comMorgan Stanley Upgrades Silicon Motion Technology Corporation - Depositary Receipt () (SIMO)May 6, 2024 | benzinga.comSilicon Motion Technology Stock: A Deep Dive Into Analyst Perspectives (11 Ratings)May 5, 2024 | finance.yahoo.comJust Two Days Till Silicon Motion Technology Corporation (NASDAQ:SIMO) Will Be Trading Ex-DividendMay 5, 2024 | finance.yahoo.comSilicon Motion Technology Corporation's (NASDAQ:SIMO) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?May 4, 2024 | insidermonkey.comSilicon Motion Technology Corporation (NASDAQ:SIMO) Q1 2024 Earnings Call TranscriptMay 4, 2024 | markets.businessinsider.comBuy Rating Affirmed for Silicon Motion Technology on Strong Enterprise SSD Prospects and Market ExpansionMay 3, 2024 | markets.businessinsider.comBuy Rating Affirmed for Silicon Motion on Strong Growth and Innovative Product PipelineMay 3, 2024 | investorplace.comSIMO Stock Earnings: Silicon Motion Technology Beats EPS, Beats Revenue for Q1 2024May 2, 2024 | globenewswire.comSilicon Motion Announces Results for the Period Ended March 31, 2024May 1, 2024 | msn.comSemrush (SEMR) to Report Q1 Earnings: What's in the Cards?April 29, 2024 | globenewswire.comSilicon Motion Confirms Quarterly DividendApril 27, 2024 | wsj.comSilicon Motion Technology Corp. ADRApril 25, 2024 | finanznachrichten.deSilicon Motion Technology Corporation.: Silicon Motion Announces Chief Financial Officer TransitionApril 25, 2024 | globenewswire.comSilicon Motion Announces Chief Financial Officer TransitionApril 16, 2024 | msn.comThis Analyst With 86% Accuracy Rate Sees Around 32% Upside In Western Digital - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate AnalystsApril 9, 2024 | finance.yahoo.comSilicon Motion Announces Preliminary First Quarter 2024 Revenue and Earnings Conference Call DetailsApril 3, 2024 | investing.comTop tech analyst shares a list of his favorite chip stocksMarch 14, 2024 | uk.finance.yahoo.comChip startup Cerebras launches new AI processorMarch 13, 2024 | edition.cnn.comCepton, Inc.March 12, 2024 | finance.yahoo.comSilicon Motion Unveils 6nm UFS 4.0 Controller for AI Smartphones, Edge Computing and Automotive ApplicationsMarch 6, 2024 | seekingalpha.comSilicon Motion: Overvalued For NowSee More Headlines Receive SIMO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Silicon Motion Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Ex-Dividend for 5/23 Dividend5/08/2024Dividend Payable5/23/2024Today6/03/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:SIMO CUSIPN/A CIK1329394 Webwww.siliconmotion.com Phone(522) 307-4768Fax852-2307-4368Employees1,546Year Founded1995Price Target and Rating Average Stock Price Target$91.13 High Stock Price Target$110.00 Low Stock Price Target$75.00 Potential Upside/Downside+16.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.76 Trailing P/E Ratio44.37 Forward P/E Ratio28.19 P/E Growth0.74Net Income$52.87 million Net Margins8.34% Pretax Margin9.76% Return on Equity7.78% Return on Assets5.95% Debt Debt-to-Equity RatioN/A Current Ratio3.80 Quick Ratio2.60 Sales & Book Value Annual Sales$639.14 million Price / Sales4.12 Cash Flow$2.24 per share Price / Cash Flow34.93 Book Value$22.37 per share Price / Book3.49Miscellaneous Outstanding Shares33,680,000Free Float31,883,000Market Cap$2.63 billion OptionableOptionable Beta0.87 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Chia-Chang Kou (Age 66)Founder, President, CEO, MD & Director Mr. Riyadh Lai (Age 55)Chief Financial Officer Mr. Ken Chen (Age 63)Vice President of Operations Mr. Christopher ChaneyDirector of Investor Relations & StrategyMr. Robert C. Fan (Age 60)Senior Vice President of Global Sales Mr. Nelson S. Duann (Age 55)Senior VP of Client & Automotive Storage Business and Director Mr. Alex ChouSenior VP of Enterprise Storage & Display Interface Solution BusinessMs. Michelle LinVice President of Finance & Corporate ControllerMore ExecutivesKey CompetitorsCEVANASDAQ:CEVAXperiNASDAQ:XPERCanaanNASDAQ:CANLattice SemiconductorNASDAQ:LSCCAstera LabsNASDAQ:ALABView All CompetitorsInstitutional OwnershipBoston PartnersSold 149 shares on 5/28/2024Ownership: 0.023%Farallon Capital Management LLCBought 608,949 shares on 5/24/2024Ownership: 2.540%LRI Investments LLCBought 1,993 shares on 5/21/2024Ownership: 0.006%Walleye Trading LLCSold 47,300 shares on 5/17/2024Ownership: 0.000%Caxton Associates LPBought 28,378 shares on 5/16/2024Ownership: 0.254%View All Institutional Transactions SIMO Stock Analysis - Frequently Asked Questions Should I buy or sell Silicon Motion Technology stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SIMO shares. View SIMO analyst ratings or view top-rated stocks. What is Silicon Motion Technology's stock price target for 2024? 8 equities research analysts have issued 1 year target prices for Silicon Motion Technology's stock. Their SIMO share price targets range from $75.00 to $110.00. On average, they predict the company's stock price to reach $91.13 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View analysts price targets for SIMO or view top-rated stocks among Wall Street analysts. How have SIMO shares performed in 2024? Silicon Motion Technology's stock was trading at $61.27 at the beginning of the year. Since then, SIMO stock has increased by 27.5% and is now trading at $78.09. View the best growth stocks for 2024 here. When is Silicon Motion Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our SIMO earnings forecast. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) issued its quarterly earnings data on Thursday, May, 2nd. The semiconductor producer reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. The semiconductor producer had revenue of $189.31 million for the quarter, compared to the consensus estimate of $180.23 million. Silicon Motion Technology had a net margin of 8.34% and a trailing twelve-month return on equity of 7.78%. How often does Silicon Motion Technology pay dividends? What is the dividend yield for Silicon Motion Technology? Silicon Motion Technology announced a quarterly dividend on Wednesday, May 8th. Investors of record on Thursday, May 9th will be given a dividend of $0.50 per share on Thursday, May 23rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date is Wednesday, May 8th. Read our dividend analysis for SIMO. Is Silicon Motion Technology a good dividend stock? Silicon Motion Technology (NASDAQ:SIMO) pays an annual dividend of $1.99 per share and currently has a dividend yield of 2.55%. The dividend payout ratio is 113.07%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SIMO will have a dividend payout ratio of 47.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SIMO. What ETFs hold Silicon Motion Technology's stock? ETFs with the largest weight of Silicon Motion Technology (NASDAQ:SIMO) stock in their portfolio include Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), AltShares Event-Driven ET (EVNT) and Invesco Nasdaq Future Gen 200 ETF (QQQS).SPDR S&P Emerging Markets SmallCap ETF (EWX). What guidance has Silicon Motion Technology issued on next quarter's earnings? Silicon Motion Technology issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $800.0 million-$830.0 million, compared to the consensus revenue estimate of $793.3 million. What is Wallace C. Kou's approval rating as Silicon Motion Technology's CEO? 8 employees have rated Silicon Motion Technology Chief Executive Officer Wallace C. Kou on Glassdoor.com. Wallace C. Kou has an approval rating of 76% among the company's employees. What other stocks do shareholders of Silicon Motion Technology own? Based on aggregate information from My MarketBeat watchlists, some companies that other Silicon Motion Technology investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Gilead Sciences (GILD), Netflix (NFLX), AbbVie (ABBV), QUALCOMM (QCOM), Visa (V) and Marvell Technology (MRVL). Who are Silicon Motion Technology's major shareholders? Silicon Motion Technology's stock is owned by a variety of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (3.97%), Farallon Capital Management LLC (2.54%), Reinhart Partners LLC. (2.23%), Lord Abbett & CO. LLC (2.07%), Kodai Capital Management LP (1.63%) and Westfield Capital Management Co. LP (1.11%). How do I buy shares of Silicon Motion Technology? Shares of SIMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SIMO) was last updated on 6/3/2024 by MarketBeat.com Staff From Our PartnersDoes this make you sick?Allegiance GoldAlert: Your Bank is Dying – Act Now or Lose Everything!Priority GoldNext President (Not Trump. Not Biden.)The Freeport SocietyWrite this ticker symbol down…StocksToTradeTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceHistoric Crash Could Wipe Away Your 401k (Govt Debt Explosion)Birch GoldPrepare for a Recession Unlike Any OtherAmerican Hartford Gold Group Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Silicon Motion Technology Co. 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