Simpson Manufacturing (SSD) Scheduled to Post Quarterly Earnings on Monday

Simpson Manufacturing (NYSE:SSD - Get Free Report) will be announcing its earnings results after the market closes on Monday, October 21st. Analysts expect the company to announce earnings of $2.40 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last announced its quarterly earnings data on Monday, July 22nd. The construction company reported $2.31 earnings per share for the quarter, missing analysts' consensus estimates of $2.44 by ($0.13). The business had revenue of $596.98 million during the quarter, compared to analysts' expectations of $604.67 million. Simpson Manufacturing had a net margin of 15.03% and a return on equity of 19.42%. Simpson Manufacturing's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.50 EPS. On average, analysts expect Simpson Manufacturing to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Simpson Manufacturing Price Performance

Shares of SSD traded up $1.89 during mid-day trading on Monday, hitting $193.20. The company's stock had a trading volume of 167,571 shares, compared to its average volume of 281,804. The firm has a 50-day simple moving average of $182.70 and a 200 day simple moving average of $178.45. Simpson Manufacturing has a 1-year low of $123.93 and a 1-year high of $218.38. The firm has a market capitalization of $8.14 billion, a P/E ratio of 24.21 and a beta of 1.32. The company has a current ratio of 3.69, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25.

Simpson Manufacturing Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd will be given a dividend of $0.28 per share. The ex-dividend date is Thursday, October 3rd. This represents a $1.12 annualized dividend and a dividend yield of 0.58%. Simpson Manufacturing's payout ratio is currently 14.04%.

Insider Activity

In other news, EVP Roger Dankel sold 2,700 shares of the business's stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $190.44, for a total transaction of $514,188.00. Following the sale, the executive vice president now owns 24,064 shares of the company's stock, valued at $4,582,748.16. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Simpson Manufacturing news, CEO Michael Olosky sold 6,871 shares of the firm's stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $187.41, for a total transaction of $1,287,694.11. Following the completion of the transaction, the chief executive officer now directly owns 19,534 shares in the company, valued at approximately $3,660,866.94. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Roger Dankel sold 2,700 shares of the company's stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $190.44, for a total transaction of $514,188.00. Following the completion of the sale, the executive vice president now directly owns 24,064 shares in the company, valued at $4,582,748.16. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,571 shares of company stock worth $2,348,027 in the last 90 days. 0.42% of the stock is currently owned by corporate insiders.

Simpson Manufacturing Company Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.