NASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Price, News & Analysis $55.92 -3.72 (-6.24%) (As of 03:25 PM ET) Add Compare Share Share Today's Range$55.05▼$59.0650-Day Range$56.92▼$83.7652-Week Range$49.50▼$85.87Volume433,631 shsAverage Volume402,192 shsMarket Capitalization$1.88 billionP/E Ratio31.77Dividend Yield3.56%Price Target$85.00 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 RatingModerate Buy2.78 Rating ScoreUpside/Downside57.4% Upside$87.56 Price TargetShort InterestHealthy2.61% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.17Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth34.97%From $2.86 to $3.86 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.4.84 out of 5 starsComputer And Technology Sector39th out of 602 stocksSemiconductors & Related Devices Industry12th out of 90 stocks 3.4 Analyst's Opinion Consensus RatingSilicon Motion Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 8 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageSilicon Motion Technology has only been the subject of 4 research reports in the past 90 days.Read more about Silicon Motion Technology's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.61% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silicon Motion Technology has recently decreased by 6.04%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldSilicon Motion Technology pays a meaningful dividend of 3.43%, 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 51.55% 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 3.4 News and Social Media Coverage News SentimentSilicon Motion Technology has a news sentiment score of 1.17. 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 0.59 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Silicon Motion Technology this week, compared to 3 articles on an average week.Search InterestOnly 13 people have searched for SIMO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows3 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 34.97% in the coming year, from $2.86 to $3.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 31.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 31.61, 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 264.92.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 0.92. 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 2.53. P/B Ratios below 3 indicates that a company is reasonably valued 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 DTIEver heard of this 8-day bitcoin profit window? Did you know Bitcoin almost always soars higher during This 8-Day Profit Window? And when I say almost always… I really mean it. For over a year now, traders have had the chance to cash in during this time with an 83% success rate using these New Bitcoin Options. Now of course I can’t promise future returns or against losses…It’s coming up quick. 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 HeadlinesSeptember 14 at 2:15 AM | americanbankingnews.comSilicon Motion Technology (NASDAQ:SIMO) Stock Rating Upgraded by StockNews.comSeptember 8, 2024 | americanbankingnews.comStockNews.com Downgrades Silicon Motion Technology (NASDAQ:SIMO) to HoldSeptember 16, 2024 | DTI (Ad)Massive shakeup in defense contractingThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 28, 2024 | msn.comIs Silicon Motion Technology Corporation (SIMO) the Best Affordable Tech Stock to Buy According to Analysts?August 18, 2024 | msn.comSilicon Motion Technology Corporation (SIMO) Stands Strong Among Debt-Free StocksAugust 17, 2024 | finance.yahoo.comSIMO Sep 2024 50.000 call (SIMO240920C00050000)August 17, 2024 | msn.comSilicon Motion receives double downgrade due to low-growth outlook: BofAAugust 17, 2024 | msn.comB of A Securities Downgrades Silicon Motion Technology Corporation - Depositary Receipt () (SIMO)September 16, 2024 | DTI (Ad)Massive shakeup in defense contractingThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 16, 2024 | investing.comSilicon Motion stock down as BofA issues a double downgrade on soft growthAugust 16, 2024 | msn.comBofA downgrades Silicon Motion, slashes price target to $60: Time to sell or hold?August 12, 2024 | ca.finance.yahoo.comSIMO Aug 2024 62.500 putAugust 7, 2024 | finance.yahoo.comIs There An Opportunity With Silicon Motion Technology Corporation's (NASDAQ:SIMO) 46% Undervaluation?August 5, 2024 | prnewswire.comSilicon Motion Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024August 4, 2024 | msn.comSilicon Motion Technology Corporation (NASDAQ:SIMO) Q2 2024 Earnings Call TranscriptAugust 3, 2024 | seekingalpha.comSilicon Motion Technology Corporation (SIMO) Q2 2024 Earnings Call TranscriptAugust 3, 2024 | markets.businessinsider.comBuy Rating Affirmed for Silicon Motion Technology on Strong Growth Prospects and Strategic InvestmentsAugust 2, 2024 | seekingalpha.comSilicon Motion Technology Corporation 2024 Q2 - Results - Earnings Call PresentationSee 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 Earnings8/02/2024Ex-Dividend for 8/22 Dividend8/08/2024Dividend Payable8/22/2024Today9/16/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNASDAQ:SIMO CUSIPN/A CIK1329394 Webwww.siliconmotion.com Phone(522) 307-4768Fax852-2307-4368Employees1,546Year Founded1995Price Target and Rating Average Stock Price Target$87.56 High Stock Price Target$110.00 Low Stock Price Target$60.00 Potential Upside/Downside+57.4%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.76 Trailing P/E Ratio31.61 Forward P/E Ratio19.45 P/E Growth0.92Net Income$52.87 million Net Margins10.14% Pretax Margin12.12% Return on Equity10.31% Return on Assets7.79% Debt Debt-to-Equity RatioN/A Current Ratio4.34 Quick Ratio3.04 Sales & Book Value Annual Sales$774.69 million Price / Sales2.42 Cash Flow$2.14 per share Price / Cash Flow25.99 Book Value$21.99 per share Price / Book2.53Miscellaneous Outstanding Shares33,682,000Free Float31,883,000Market Cap$1.87 billion OptionableOptionable Beta0.84 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 CompetitorsOSI SystemsNASDAQ:OSISUltra CleanNASDAQ:UCTTCEVANASDAQ:CEVAXperiNASDAQ:XPERRambusNASDAQ:RMBSView All CompetitorsInstitutional OwnershipAristides Capital LLCBought 17,000 shares on 8/23/2024Ownership: 0.050%Truist Financial CorpBought 2,919 shares on 8/21/2024Ownership: 0.009%Point72 Asset Management L.P.Sold 36,100 shares on 8/19/2024Ownership: 0.214%Chase Investment Counsel CorpBought 955 shares on 8/19/2024Ownership: 0.092%Clearline Capital LPSold 28,399 shares on 8/16/2024Ownership: 0.429%View All Institutional Transactions SIMO Stock Analysis - Frequently Asked Questions How have SIMO shares performed this year? Silicon Motion Technology's stock was trading at $61.27 at the beginning of 2024. Since then, SIMO shares have decreased by 9.2% and is now trading at $55.63. View the best growth stocks for 2024 here. How were Silicon Motion Technology's earnings last quarter? Silicon Motion Technology Co. (NASDAQ:SIMO) released its quarterly earnings results on Friday, August, 2nd. The semiconductor producer reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.01. Silicon Motion Technology's quarterly revenue was up 50.1% compared to the same quarter last year. Who are Silicon Motion Technology's major shareholders? Silicon Motion Technology's top institutional investors include Acadian Asset Management LLC (3.96%), Millennium Management LLC (2.35%), Reinhart Partners LLC. (2.24%) and Farallon Capital Management LLC (1.69%). 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. What other stocks do shareholders of Silicon Motion Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Silicon Motion Technology investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Gilead Sciences (GILD), Netflix (NFLX) and AbbVie (ABBV). This page (NASDAQ:SIMO) was last updated on 9/16/2024 by MarketBeat.com Staff From Our PartnersBiden's Executive Order, Dems Digital Money Legislation, First Step ToDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans...Monetary Gold | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. 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