Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SIMO Silicon Motion Technology (SIMO) Stock Price, News & Analysis $59.32 +3.05 (+5.42%) (As of 12/13/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About Silicon Motion Technology Stock (NASDAQ:SIMO) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SIMO alerts:Sign Up Key Stats Today's Range$56.32▼$59.6050-Day Range$51.13▼$61.1452-Week Range$50.50▼$85.87Volume316,027 shsAverage Volume371,049 shsMarket Capitalization$2.00 billionP/E Ratio22.47Dividend Yield3.35%Price Target$81.67Consensus RatingModerate Buy Company OverviewSilicon 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… Silicon Motion Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks95th Percentile Overall ScoreSIMO MarketRank™: Silicon Motion Technology scored higher than 95% of companies evaluated by MarketBeat, and ranked 60th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy 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 been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Silicon Motion Technology's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth15.44% Earnings GrowthEarnings for Silicon Motion Technology are expected to grow by 15.44% in the coming year, from $2.59 to $2.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silicon Motion Technology is 22.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Silicon Motion Technology is 22.47, 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 262.99.Price to Earnings Growth RatioSilicon Motion Technology has a PEG Ratio of 1.53. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSilicon Motion Technology has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.97% 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 increased by 1.97%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipSilicon Motion Technology is a leading dividend payer. It pays a dividend yield of 3.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSilicon Motion Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Silicon Motion Technology is 75.38%. 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 66.56% 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.97% 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 increased by 1.97%, indicating that investor sentiment is decreasing. News and Social Media2.6 / 5News Sentiment0.70 News SentimentSilicon Motion Technology has a news sentiment score of 0.70. 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 Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Silicon Motion Technology this week, compared to 4 articles on an average week.Search InterestOnly 14 people have searched for SIMO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Silicon Motion Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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. 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 SIMO Stock News HeadlinesSilicon Motion Technology (NASDAQ:SIMO) Rating Lowered to Hold at StockNews.comDecember 11 at 2:09 AM | americanbankingnews.comGreat week for Silicon Motion Technology Corporation (NASDAQ:SIMO) institutional investors after losing 0.4% over the previous yearDecember 10 at 4:52 AM | finance.yahoo.com⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.December 13, 2024 | Behind the Markets (Ad)StockNews.com Upgrades Silicon Motion Technology (NASDAQ:SIMO) to "Buy"December 5, 2024 | americanbankingnews.comAre Options Traders Betting on a Big Move in Silicon Motion (SIMO) Stock?November 25, 2024 | msn.comIs Silicon Motion Technology Corporation (NASDAQ:SIMO) One of the Cheap Chinese Stocks to Buy?November 16, 2024 | insidermonkey.comSilicon Motion management to meet with B. RileyNovember 12, 2024 | markets.businessinsider.comSilicon Motion: NAND Flash Has Got To Give - Maintaining BuyNovember 10, 2024 | seekingalpha.comSee More Headlines 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 start of the year. Since then, SIMO shares have decreased by 3.2% and is now trading at $59.32. 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 Wednesday, October, 30th. The semiconductor producer reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.07. The firm's revenue was up 23.3% compared to the same quarter last year. Who are Silicon Motion Technology's major shareholders? Top institutional shareholders of Silicon Motion Technology include FMR LLC (6.65%), Lord Abbett & CO. LLC (3.28%), Reinhart Partners LLC. (3.21%) and Erste Asset Management GmbH (1.97%). 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), Invesco QQQ (QQQ), Meta Platforms (META), PayPal (PYPL), Advanced Micro Devices (AMD), Broadcom (AVGO) and QUALCOMM (QCOM). Company Calendar Last Earnings10/30/2024Ex-Dividend for 11/27 Dividend11/14/2024Dividend Payable11/27/2024Today12/13/2024Fiscal 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$81.67 High Stock Price Target$95.00 Low Stock Price Target$60.00 Potential Upside/Downside+40.4%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.64 Trailing P/E Ratio22.03 Forward P/E Ratio22.45 P/E Growth1.53Net Income$52.87 million Net Margins10.90% Pretax Margin12.83% Return on Equity11.52% Return on Assets8.64% Debt Debt-to-Equity RatioN/A Current Ratio4.65 Quick Ratio3.43 Sales & Book Value Annual Sales$639.14 million Price / Sales3.06 Cash Flow$2.31 per share Price / Cash Flow25.12 Book Value$21.99 per share Price / Book2.64Miscellaneous Outstanding Shares33,680,000Free Float31,883,000Market Cap$1.96 billion OptionableOptionable Beta0.82 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report This page (NASDAQ:SIMO) was last updated on 12/13/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. 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