Standard Motor Products (SMP) Expected to Announce Quarterly Earnings on Wednesday

Standard Motor Products (NYSE:SMP - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 30th. Analysts expect Standard Motor Products to post earnings of $0.45 per share and revenue of $394.38 million for the quarter.

Standard Motor Products (NYSE:SMP - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The auto parts company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.10. Standard Motor Products had a return on equity of 10.42% and a net margin of 2.56%. The business had revenue of $343.35 million for the quarter, compared to analysts' expectations of $292.50 million. On average, analysts expect Standard Motor Products to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Standard Motor Products Stock Up 1.8 %

Shares of NYSE:SMP traded up $0.43 during trading on Tuesday, hitting $24.37. 276,869 shares of the company's stock traded hands, compared to its average volume of 164,853. The company has a 50-day moving average price of $25.54 and a 200-day moving average price of $29.61. Standard Motor Products has a 52 week low of $21.38 and a 52 week high of $35.92. The company has a market cap of $554.22 million, a price-to-earnings ratio of 15.04 and a beta of 0.57. The company has a current ratio of 2.25, a quick ratio of 0.82 and a debt-to-equity ratio of 0.21.

Standard Motor Products Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date was Friday, February 14th. Standard Motor Products's dividend payout ratio is presently 100.81%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Standard Motor Products from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 3rd.

Insider Activity at Standard Motor Products

In other Standard Motor Products news, EVP Dale Burks sold 11,005 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $27.20, for a total transaction of $299,336.00. Following the transaction, the executive vice president now owns 56,860 shares of the company's stock, valued at $1,546,592. The trade was a 16.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.00% of the stock is owned by insiders.

About Standard Motor Products

Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.