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NASDAQ:SIMO

Silicon Motion Technology (SIMO) Stock Price, News & Analysis

Silicon Motion Technology logo
$58.80 -0.91 (-1.52%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$58.80 0.00 (0.00%)
As of 02/21/2025 05:28 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Silicon Motion Technology Stock (NASDAQ:SIMO)

Key Stats

Today's Range
$58.30
$60.46
50-Day Range
$50.43
$60.32
52-Week Range
$48.81
$85.87
Volume
505,425 shs
Average Volume
474,059 shs
Market Capitalization
$1.98 billion
P/E Ratio
21.86
Dividend Yield
3.38%
Price Target
$80.63
Consensus Rating
Moderate Buy

Company Overview

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.

Silicon Motion Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
80th Percentile Overall Score

SIMO MarketRank™: 

Silicon Motion Technology scored higher than 80% of companies evaluated by MarketBeat, and ranked 146th out of 655 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Silicon Motion Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Silicon Motion Technology has only been the subject of 2 research reports in the past 90 days.

  • Read more about Silicon Motion Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for Silicon Motion Technology are expected to grow by 42.21% in the coming year, from $3.08 to $4.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Silicon Motion Technology is 21.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.37.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Silicon Motion Technology is 21.86, 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 36.99.

  • Price to Earnings Growth Ratio

    Silicon Motion Technology has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Silicon Motion Technology has a P/B Ratio of 2.56. 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.
  • Percentage of Shares Shorted

    2.88% of the float of Silicon Motion Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Silicon Motion Technology has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Silicon Motion Technology has recently increased by 21.68%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Silicon Motion Technology pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Silicon Motion Technology does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Silicon Motion Technology is 73.98%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Silicon Motion Technology will have a dividend payout ratio of 45.43% 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.
  • Percentage of Shares Shorted

    2.88% of the float of Silicon Motion Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Silicon Motion Technology has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Silicon Motion Technology has recently increased by 21.68%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Silicon Motion Technology has a news sentiment score of 0.40. 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 lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Silicon Motion Technology this week, compared to 5 articles on an average week.
  • Search Interest

    7 people have searched for SIMO on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Silicon Motion Technology insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 5.34% of the stock of Silicon Motion Technology is held by insiders.

  • Percentage Held by Institutions

    78.02% 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.
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SIMO Stock News Headlines

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Wedbush Research Analysts Reduce Earnings Estimates for SIMO
J.P. Morgan Keeps Their Buy Rating on Silicon Motion (SIMO)
See More Headlines

SIMO Stock Analysis - Frequently Asked Questions

Silicon Motion Technology's stock was trading at $54.05 on January 1st, 2025. Since then, SIMO shares have increased by 8.8% and is now trading at $58.80.
View the best growth stocks for 2025 here
.

Silicon Motion Technology Co. (NASDAQ:SIMO) released its quarterly earnings data on Wednesday, February, 5th. The semiconductor producer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.78 by $0.10. Silicon Motion Technology had a net margin of 11.29% and a trailing twelve-month return on equity of 11.63%.

Silicon Motion Technology's Board of Directors initiated a stock buyback plan on Wednesday, February 5th 2025, which permits the company to buy back $50,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is undervalued.

Top institutional shareholders of Silicon Motion Technology include FMR LLC (6.46%), Lord Abbett & CO. LLC (3.93%), Pertento Partners LLP (3.46%) and Reinhart Partners LLC. (3.37%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Silicon Motion Technology investors own include NVIDIA (NVDA), Invesco QQQ (QQQ), Meta Platforms (META), PayPal (PYPL), Advanced Micro Devices (AMD), Broadcom (AVGO) and QUALCOMM (QCOM).

Company Calendar

Ex-Dividend for 11/27 Dividend
11/14/2024
Dividend Payable
11/27/2024
Last Earnings
2/05/2025
Ex-Dividend for 2/27 Dividend
2/13/2025
Today
2/22/2025
Dividend Payable
2/27/2025
Next Earnings (Estimated)
5/01/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:SIMO
Employees
1,546
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$80.63
High Stock Price Target
$95.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+37.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$90.72 million
Pretax Margin
13.61%

Debt

Sales & Book Value

Annual Sales
$803.55 million
Cash Flow
$3.39 per share
Book Value
$22.97 per share

Miscellaneous

Free Float
31,883,000
Market Cap
$1.98 billion
Optionable
Optionable
Beta
0.79

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This page (NASDAQ:SIMO) was last updated on 2/22/2025 by MarketBeat.com Staff
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