NASDAQ:TAIT Taitron Components (TAIT) Stock Price, News & Analysis → 🚀 Tap into this explosive trade opportunity asap (From Daily Strike Alliance) (Ad) Free TAIT Stock Alerts $2.93 +0.02 (+0.69%) (As of 05/29/2024 ET) Add Compare Share Share Today's Range$2.89▼$2.9350-Day Range$2.90▼$3.2852-Week Range$2.87▼$4.32Volume7,110 shsAverage Volume15,422 shsMarket Capitalization$17.64 millionP/E Ratio10.46Dividend Yield6.83%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Taitron Components alerts: Email Address Taitron Components MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.48% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.69Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.42 out of 5 starsRetail/Wholesale Sector134th out of 200 stocksElectronic Parts & Equipment, Not Elsewhere Classified Industry6th out of 7 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Taitron Components.Read more about Taitron Components' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.48% of the float of Taitron Components has been sold short.Short Interest Ratio / Days to CoverTaitron Components has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Taitron Components has recently increased by 261.90%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipTaitron Components is a leading dividend payer. It pays a dividend yield of 6.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTaitron Components has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Taitron Components is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Taitron Components' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TAIT. Previous Next 3.2 News and Social Media Coverage News SentimentTaitron Components has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Taitron Components this week, compared to 0 articles on an average week.Search Interest3 people have searched for TAIT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows1 people have added Taitron Components to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Taitron Components insiders have not sold or bought any company stock.Percentage Held by Insiders62.09% of the stock of Taitron Components is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 18.09% of the stock of Taitron Components is held by institutions.Read more about Taitron Components' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Taitron Components is 10.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Taitron Components is 10.46, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 27.96.Price to Book Value per Share RatioTaitron Components has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Taitron Components' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Taitron Components Stock (NASDAQ:TAIT)Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also offers value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects. It serves other electronic distributors, CEMs, and OEMs in the United States, South Korea, China, Taiwan, and internationally. The company has strategic allies with Teamforce Co. Ltd.; Grand Shine Management; and Zowie Technology Corporation. Taitron Components Incorporated was incorporated in 1989 and is headquartered in Valencia, California.Read More TAIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TAIT Stock News HeadlinesMay 26 at 1:08 AM | americanbankingnews.comStockNews.com Initiates Coverage on Taitron Components (NASDAQ:TAIT)May 16, 2024 | msn.comTAIT Stock Earnings: Taitron Components Reported Results for Q1 2024May 12, 2024 | finance.yahoo.comRead This Before Considering Taitron Components Incorporated (NASDAQ:TAIT) For Its Upcoming US$0.05 DividendMay 9, 2024 | finance.yahoo.comTaitron Components (NASDAQ:TAIT) Is Paying Out A Dividend Of $0.05May 3, 2024 | globenewswire.comTaitron Announces Quarterly Cash DividendApril 8, 2024 | investorplace.comTAIT Stock Earnings: Taitron Components Reported Results for Q4 2023March 28, 2024 | finance.yahoo.comTaitron Components Incorporated's (NASDAQ:TAIT) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?March 21, 2024 | bbc.co.ukCurrent change in different componentsMarch 15, 2024 | markets.businessinsider.comClimb Global Solutions: Reliable Progress and Investor ExpectationsFebruary 14, 2024 | wsj.comTaitron Components Inc. Cl AFebruary 14, 2024 | finance.yahoo.comJim Simons Adjusts Position in Taitron Components IncFebruary 8, 2024 | finance.yahoo.comTaitron Components (NASDAQ:TAIT) Has Announced A Dividend Of $0.05February 2, 2024 | finance.yahoo.comTaitron Announces Quarterly Cash DividendFebruary 1, 2024 | investopedia.comBalance Sheet: Explanation, Components, and ExamplesJanuary 26, 2024 | benzinga.comTD Synnex Supports Customers through Tough Times, Supporting Shareholders through ChangesJanuary 10, 2024 | finance.yahoo.comInvestors Will Want Taitron Components' (NASDAQ:TAIT) Growth In ROCE To PersistJanuary 9, 2024 | morningstar.comTaitron Components Inc Class ANovember 17, 2023 | benzinga.comClimb Global Solutions: Fulfilling Investor Expectations with Steady Earnings PerformanceNovember 6, 2023 | benzinga.comTaitron Components: Dividend InsightsNovember 2, 2023 | finance.yahoo.comTaitron Components' (NASDAQ:TAIT) Dividend Will Be $0.05October 27, 2023 | msn.comTaitron Components declares $0.05 dividendSeptember 7, 2023 | msn.comTaitron Components And Its Real ValueAugust 3, 2023 | finance.yahoo.comTaitron Components (NASDAQ:TAIT) Shareholders Will Want The ROCE Trajectory To ContinueJuly 18, 2023 | finance.yahoo.comSurprise! These 3 Penny Stocks Pack Powerful Financials.June 1, 2023 | markets.businessinsider.com7 Safe High-Yield Dividend Stocks to Buy in June 2023See More Headlines Receive TAIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Taitron Components and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/29 Dividend2/15/2024Dividend Payable2/29/2024Last Earnings4/01/2024Ex-Dividend for 5/31 Dividend5/16/2024Today5/29/2024Dividend Payable5/31/2024Next Earnings (Estimated)8/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Electronic parts & equipment, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:TAIT CUSIPN/A CIK942126 Webwww.taitroncomponents.com Phone(661) 257-6060Fax661-257-6415Employees15Year Founded1989Profitability EPS (Most Recent Fiscal Year)$0.28 Trailing P/E Ratio10.46 Forward P/E RatioN/A P/E GrowthN/ANet Income$1.85 million Net Margins32.80% Pretax Margin40.40% Return on Equity9.65% Return on Assets9.01% Debt Debt-to-Equity RatioN/A Current Ratio9.62 Quick Ratio7.69 Sales & Book Value Annual Sales$4.99 million Price / Sales3.54 Cash Flow$0.33 per share Price / Cash Flow8.77 Book Value$2.84 per share Price / Book1.03Miscellaneous Outstanding Shares6,021,000Free Float2,283,000Market Cap$17.64 million OptionableNot Optionable Beta0.72 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Stewart Wang (Age 74)Co-Founder, CEO, President & Director Comp: $250.4kMr. David H. Vanderhorst (Age 59)CFO & Corporate Secretary Comp: $184.4kMr. Tzu Sheng Ku (Age 75)Co-Founder & Chairman Key CompetitorsGSI TechnologyNASDAQ:GSITQuantum ComputingNASDAQ:QUBTSpruce PowerNYSE:SPRULeddarTechNASDAQ:LDTCMarchexNASDAQ:MCHXView All CompetitorsInstitutional OwnershipCoulter & Justus Financial Services LLCBought 264,397 shares on 5/4/2024Ownership: 4.392%View All Institutional Transactions TAIT Stock Analysis - Frequently Asked Questions How have TAIT shares performed in 2024? Taitron Components' stock was trading at $3.53 at the beginning of the year. Since then, TAIT stock has decreased by 17.0% and is now trading at $2.93. View the best growth stocks for 2024 here. Are investors shorting Taitron Components? Taitron Components saw a increase in short interest in May. As of May 15th, there was short interest totaling 15,200 shares, an increase of 261.9% from the April 30th total of 4,200 shares. Based on an average daily trading volume, of 11,500 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the shares of the stock are sold short. View Taitron Components' Short Interest. When is Taitron Components' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024. View our TAIT earnings forecast. How were Taitron Components' earnings last quarter? Taitron Components Incorporated (NASDAQ:TAIT) posted its quarterly earnings data on Monday, April, 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $0.97 million for the quarter. Taitron Components had a net margin of 32.80% and a trailing twelve-month return on equity of 9.65%. How often does Taitron Components pay dividends? What is the dividend yield for Taitron Components? Taitron Components declared a quarterly dividend on Friday, May 3rd. Shareholders of record on Friday, May 17th will be paid a dividend of $0.05 per share on Friday, May 31st. This represents a $0.20 annualized dividend and a dividend yield of 6.83%. The ex-dividend date of this dividend is Thursday, May 16th. Read our dividend analysis for TAIT. Is Taitron Components a good dividend stock? Taitron Components (NASDAQ:TAIT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 6.83%. TAIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TAIT. What other stocks do shareholders of Taitron Components own? Based on aggregate information from My MarketBeat watchlists, some companies that other Taitron Components investors own include Riot Platforms (RIOT), Sierra Oncology (SRRA), Co-Diagnostics (CODX), Tonix Pharmaceuticals (TNXP), Energous (WATT), Actinium Pharmaceuticals (ATNM), Cellectar Biosciences (CLRB), Kopin (KOPN) and Who are Taitron Components' major shareholders? Taitron Components' stock is owned by a number of retail and institutional investors. Top institutional investors include Coulter & Justus Financial Services LLC (4.39%). Insiders that own company stock include Craig Miller and David Vanderhorst. View institutional ownership trends. How do I buy shares of Taitron Components? Shares of TAIT 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. Does Taitron Components have any subsidiaries? The following companies are subsidiares of Taitron Components: Taitron (Yangzhou) Electronic Co. Ltd., Taitron (Yangzhou) Electronic Trade Co. Ltd., Taitron (Yangzhou) Electronic Trade Co. Ltd. Shanghai Branch, Taitron Components Incorporated e Representações do Brasil LTDA, Taitron Components Mexico S.A. de C.V., and Taitron Components Taiwan Branch (U.S.A.).Read More This page (NASDAQ:TAIT) was last updated on 5/29/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarMissed NVDA? 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