Analyst Ratings For Silicon Motion Technology Corporation (NASDAQ:SIMO)
Today, Brean Capital reiterated its Buy rating on Silicon Motion Technology Corporation (NASDAQ:SIMO).
There are 2 hold ratings, 11 buy ratings on the stock.
The current consensus rating on Silicon Motion Technology Corporation (NASDAQ:SIMO) is Buy (Score: 2.85) with a consensus target price of $52.60 per share, a potential 23.81% upside.
Some recent analyst ratings include
12/30/2016-Brean Capital Reiterated Rating of Buy.
12/28/2016-Northland Securities Reiterated Rating of Outperform.
12/5/2016-Loop Capital initiated coverage with a Buy rating.
11/3/2016-B. Riley Reiterated Rating of Buy.
9/28/2016-Roth Capital initiated coverage with a Buy rating.
9/7/2016-Needham & Company LLC Reiterated Rating of Buy.
Dividend information for Silicon Motion Technology Corporation (NASDAQ:SIMO)
Silicon Motion Technology Corporation (NASDAQ:SIMO) pays an annual dividend of $0.64 with a yield of 1.51%.
Dividend History for Silicon Motion Technology Corporation (NASDAQ:SIMO)
On 10/24/2016 Silicon Motion Technology Corporation announced a quarterly dividend of $0.20 with an ex dividend date of 11/3/2016 which will be payable on 11/17/2016.
On 2/29/2016 Silicon Motion Technology Corporation announced a quarterly dividend of $0.15 with an ex dividend date of 8/3/2016 which will be payable on 8/17/2016.
On 11/16/2015 Silicon Motion Technology Corporation announced a quarterly dividend of $0.15 with an ex dividend date of 5/5/2016 which will be payable on 5/19/2016.
On 1/20/2016 Silicon Motion Technology Corporation announced a quarterly dividend of $0.15 with an ex dividend date of 2/12/2016 which will be payable on 2/26/2016.
On 10/23/2015 Silicon Motion Technology Corporation announced a quarterly dividend of $0.15 with an ex dividend date of 11/5/2015 which will be payable on 11/20/2015.
On 7/27/2015 Silicon Motion Technology Corporation announced a quarterly dividend of $0.15 with an ex dividend date of 8/12/2015 which will be payable on 8/26/2015.
On 4/27/2015 Silicon Motion Technology Corporation announced a quarterly dividend of $0.15 2.05% with an ex dividend date of 5/7/2015 which will be payable on 5/21/2015.
About Silicon Motion Technology Corporation (NASDAQ:SIMO)
Silicon Motion Technology Corporation is a fabless semiconductor company. The Company designs, develops and markets low-power semiconductor solutions to original equipment manufacturers (OEMs) and other customers in the mobile storage and mobile communications markets. It is engaged in developing negative-AND (NAND) flash controller integrated circuits (ICs) for solid-state storage devices and specialty radio frequency (RF) ICs for mobile devices. In the mobile storage market, the Company’s products are controllers used in embedded storage products, such as Solid State Drives (SSDs), and Embedded Multimedia Cards (eMMCs), as well as expandable storage products, such as flash memory cards and universal serial bus (USB) flash drives. For the mobile communications market, the Company’s products are handset transceivers and mobile television (TV) System on Chips (SoCs). The Company’s products are used in devices, such as smartphones, tablets and personal computers (PCs).
Recent Trading Activity for Silicon Motion Technology Corporation (NASDAQ:SIMO)
Shares of Silicon Motion Technology Corporation closed the previous trading session at 42.48 down -1.09 -2.50% with 395,557 shares trading hands.
The post Analyst Activity – Brean Capital Reiterates Buy on Silicon Motion Technology Corporation (NASDAQ:SIMO) appeared first on Market Exclusive.