Standard Motor Products (SMP) to Release Earnings on Thursday

Standard Motor Products (NYSE:SMP) is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Standard Motor Products to post earnings of $0.37 per share and revenue of $292.50 million for the quarter.

Standard Motor Products Trading Up 0.0 %

Shares of NYSE SMP opened at $31.14 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.82 and a current ratio of 2.25. Standard Motor Products has a 52-week low of $26.09 and a 52-week high of $40.68. The firm has a 50 day moving average price of $31.15 and a two-hundred day moving average price of $31.77. The stock has a market cap of $676.38 million, a P/E ratio of 19.22 and a beta of 0.52.

Standard Motor Products Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, February 14th. Standard Motor Products’s dividend payout ratio (DPR) is presently 76.54%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Standard Motor Products from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 31st.

Insider Transactions at Standard Motor Products

In other Standard Motor Products news, VP Ray Nicholas sold 4,730 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $34.11, for a total value of $161,340.30. Following the completion of the sale, the vice president now directly owns 46,385 shares in the company, valued at approximately $1,582,192.35. This trade represents a 9.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.00% of the stock is currently owned by corporate insiders.

Standard Motor Products Company Profile

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.