SMP Stock Recent News

NEW YORK , Feb. 25, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months and twelve months ended December 31, 2024, before the market opens on February 27, 2025. Conference Call Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Thursday, February 27, 2025.

NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP) is pleased to announce the launch of its all-new corporate website. The website, which includes resources for investors, has been completely redesigned in partnership with Scandia, a leading digital and web development agency.

Total spending would be $27.5 billion this year on Valentine's Day, per NRF. The amount is up from last year's $25.8 billion.

NEW YORK , Feb. 3, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that its Board of Directors has approved an increase in its quarterly common stock dividend from twenty-nine cents per share to thirty-one cents per share, payable on March 3, 2025, to shareholders of record on February 14, 2025.  View original content to download multimedia:https://www.prnewswire.com/news-releases/standard-motor-products-inc-announces-increase-in-its-quarterly-dividend-302365669.html SOURCE Standard Motor Products, Inc.

Standard Motor Products, a producer and distributor of automotive parts, has seen its stock rise nicely since my last 'buy' rating in June. The company's Q2 revenue increased by 10.4%, driven by a 28.2% surge in its Temperature Control segment due to early summer orders. Despite revenue growth, net income slightly dropped, and other profitability metrics were mixed, but the company remains attractively priced on key multiples.

SMP's balance sheet and acquisition strength, coupled with sustainable demand for automotive parts, make the stock worth retaining.

Standard Motor Products, Inc. (NYSE:SMP ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tony Cristello – Vice President-Investor Relations Eric Sills – Chairman and Chief Executive Officer Nathan Iles – Chief Financial Officer Conference Call Participants Scott Stember – ROTH MKM Bret Jordan – Jefferies Carolina Jolly – Gabelli Operator Good day, everyone, and welcome to the Standard Motor Products Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.

Standard Motor (SMP) reports better-than-expected second-quarter results and expects sales growth to be low- to mid-single digit compared with the previous forecast of flat to low-single digit.

Although the revenue and EPS for Standard Motor Products (SMP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Standard Motor Products (SMP) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.84 per share a year ago.