Analysts Issue Forecasts for SSD Q1 Earnings

Simpson Manufacturing Co., Inc. (NYSE:SSDFree Report) – Analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Simpson Manufacturing in a report released on Tuesday, February 11th. DA Davidson analyst K. Yinger forecasts that the construction company will post earnings per share of $1.71 for the quarter. The consensus estimate for Simpson Manufacturing’s current full-year earnings is $7.55 per share. DA Davidson also issued estimates for Simpson Manufacturing’s FY2025 earnings at $8.29 EPS and FY2026 earnings at $9.05 EPS.

Simpson Manufacturing (NYSE:SSDGet Free Report) last issued its earnings results on Monday, February 10th. The construction company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.04. Simpson Manufacturing had a return on equity of 18.29% and a net margin of 14.51%.

Separately, Robert W. Baird dropped their target price on shares of Simpson Manufacturing from $196.00 to $192.00 and set an “outperform” rating for the company in a research report on Tuesday.

Check Out Our Latest Stock Analysis on SSD

Simpson Manufacturing Stock Performance

Shares of NYSE:SSD opened at $169.55 on Wednesday. The firm has a market capitalization of $7.15 billion, a PE ratio of 22.40 and a beta of 1.35. Simpson Manufacturing has a 12 month low of $155.73 and a 12 month high of $218.38. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.53 and a quick ratio of 1.99. The business has a 50-day moving average of $169.93 and a two-hundred day moving average of $178.73.

Simpson Manufacturing Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be issued a dividend of $0.28 per share. The ex-dividend date is Thursday, April 3rd. This represents a $1.12 annualized dividend and a dividend yield of 0.66%. Simpson Manufacturing’s payout ratio is 14.80%.

Insider Buying and Selling

In other news, EVP Roger Dankel sold 250 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $183.06, for a total transaction of $45,765.00. Following the transaction, the executive vice president now directly owns 23,814 shares of the company’s stock, valued at approximately $4,359,390.84. The trade was a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.42% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC boosted its stake in shares of Simpson Manufacturing by 93.9% during the 3rd quarter. GAMMA Investing LLC now owns 380 shares of the construction company’s stock valued at $73,000 after buying an additional 184 shares during the last quarter. Inspire Investing LLC increased its stake in shares of Simpson Manufacturing by 4.0% in the third quarter. Inspire Investing LLC now owns 2,437 shares of the construction company’s stock worth $466,000 after buying an additional 94 shares during the last quarter. Procyon Advisors LLC raised its holdings in Simpson Manufacturing by 8.7% in the third quarter. Procyon Advisors LLC now owns 2,332 shares of the construction company’s stock valued at $446,000 after acquiring an additional 187 shares in the last quarter. Hunter Perkins Capital Management LLC boosted its stake in Simpson Manufacturing by 5.3% during the 3rd quarter. Hunter Perkins Capital Management LLC now owns 7,425 shares of the construction company’s stock valued at $1,420,000 after acquiring an additional 375 shares during the last quarter. Finally, V Square Quantitative Management LLC bought a new stake in shares of Simpson Manufacturing in the 3rd quarter worth about $34,000. Hedge funds and other institutional investors own 93.68% of the company’s stock.

Simpson Manufacturing Company Profile

(Get Free Report)

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.

Read More

Receive News & Ratings for Simpson Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simpson Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.