Q1 Earnings Estimate for SSD Issued By DA Davidson

Simpson Manufacturing Co., Inc. (NYSE:SSD) – DA Davidson issued their Q1 2025 earnings estimates for Simpson Manufacturing in a research note issued to investors on Tuesday, February 11th. DA Davidson analyst K. Yinger anticipates that the construction company will post earnings of $1.71 per share 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.

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

Simpson Manufacturing Stock Down 2.7 %

Shares of NYSE:SSD opened at $164.76 on Wednesday. The company has a market capitalization of $6.95 billion, a P/E ratio of 21.76 and a beta of 1.35. The stock’s fifty day simple moving average is $169.56 and its 200-day simple moving average is $178.64. Simpson Manufacturing has a 52-week low of $155.73 and a 52-week high of $218.38. The company has a quick ratio of 1.99, a current ratio of 3.53 and a debt-to-equity ratio of 0.24.

Simpson Manufacturing (NYSE:SSD) last announced its earnings results on Monday, February 10th. The construction company reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.04. Simpson Manufacturing had a return on equity of 18.29% and a net margin of 14.51%.

Simpson Manufacturing Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be issued a $0.28 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $1.12 annualized dividend and a yield of 0.68%. Simpson Manufacturing’s dividend payout ratio (DPR) is presently 14.80%.

Insiders Place Their Bets

In other news, EVP Roger Dankel sold 250 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $183.06, for a total transaction of $45,765.00. Following the completion of the transaction, the executive vice president now owns 23,814 shares of the company’s stock, valued at $4,359,390.84. This represents a 1.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On Simpson Manufacturing

Institutional investors have recently bought and sold shares of the stock. Park Place Capital Corp acquired a new stake in Simpson Manufacturing during the fourth quarter worth about $29,000. V Square Quantitative Management LLC purchased a new stake in shares of Simpson Manufacturing during the 3rd quarter worth about $34,000. R Squared Ltd purchased a new position in Simpson Manufacturing in the fourth quarter valued at approximately $30,000. Prospera Private Wealth LLC acquired a new position in Simpson Manufacturing during the third quarter valued at approximately $37,000. Finally, UMB Bank n.a. lifted its position in Simpson Manufacturing by 88.2% during the fourth quarter. UMB Bank n.a. now owns 207 shares of the construction company’s stock valued at $34,000 after buying an additional 97 shares in the last quarter. 93.68% of the stock is currently owned by hedge funds and other institutional investors.

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.