Simpson Manufacturing (SSD) Scheduled to Post Earnings on Monday

Simpson Manufacturing (NYSE:SSD) is scheduled to be announcing its earnings results after the market closes on Monday, October 21st. Analysts expect the company to announce earnings of $2.40 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Simpson Manufacturing (NYSE:SSD) last announced its quarterly earnings results on Monday, July 22nd. The construction company reported $2.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.44 by ($0.13). The firm had revenue of $596.98 million for the quarter, compared to the consensus estimate of $604.67 million. Simpson Manufacturing had a net margin of 15.03% and a return on equity of 19.42%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the business earned $2.50 earnings per share. On average, analysts expect Simpson Manufacturing to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Simpson Manufacturing Price Performance

Shares of Simpson Manufacturing stock opened at $190.00 on Friday. Simpson Manufacturing has a 1-year low of $123.93 and a 1-year high of $218.38. The firm’s 50-day moving average price is $183.96 and its two-hundred day moving average price is $178.46. The company has a current ratio of 3.69, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of 23.81 and a beta of 1.32.

Simpson Manufacturing Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Investors of record on Thursday, October 3rd will be issued a $0.28 dividend. The ex-dividend date is Thursday, October 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.59%. Simpson Manufacturing’s dividend payout ratio is 14.04%.

Insider Buying and Selling

In other news, EVP Roger Dankel sold 2,700 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $190.44, for a total transaction of $514,188.00. Following the sale, the executive vice president now directly owns 24,064 shares of the company’s stock, valued at $4,582,748.16. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, EVP Roger Dankel sold 2,700 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $190.44, for a total transaction of $514,188.00. Following the completion of the sale, the executive vice president now owns 24,064 shares in the company, valued at $4,582,748.16. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jennifer Lutz sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $175.58, for a total value of $175,580.00. Following the completion of the transaction, the executive vice president now owns 4,033 shares in the company, valued at approximately $708,114.14. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,571 shares of company stock worth $2,348,027 in the last 90 days. Corporate insiders own 0.42% of the company’s stock.

About Simpson Manufacturing

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.