Media stories about Simpson Manufacturing (NYSE:SSD) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Simpson Manufacturing earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 45.8293392457744 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Simpson Manufacturing (NYSE:SSD) opened at $59.85 on Friday. The firm has a market capitalization of $2,830.00, a PE ratio of 32.69, a P/E/G ratio of 6.42 and a beta of 1.52. Simpson Manufacturing has a 12 month low of $39.82 and a 12 month high of $61.62.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 4th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, January 3rd. This represents a $0.84 dividend on an annualized basis and a yield of 1.40%. Simpson Manufacturing’s dividend payout ratio is currently 41.38%.

Several equities research analysts have commented on SSD shares. BidaskClub cut shares of Simpson Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Robert W. Baird reiterated a “hold” rating and issued a $46.00 price target on shares of Simpson Manufacturing in a research report on Friday, October 20th. Finally, DA Davidson upgraded shares of Simpson Manufacturing from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 31st.

In related news, major shareholder Sharon H. Simpson sold 70,582 shares of Simpson Manufacturing stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $49.41, for a total value of $3,487,456.62. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Sharon H. Simpson sold 72,424 shares of Simpson Manufacturing stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $200,724.00, for a total value of $14,537,234,976.00. The disclosure for this sale can be found here. Insiders sold a total of 966,062 shares of company stock worth $14,581,567,733 in the last three months. 0.36% of the stock is currently owned by company insiders.

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Simpson Manufacturing Company Profile

Simpson Manufacturing Co, Inc, through its subsidiary, Simpson Strong-Tie Company Inc (SST), designs, engineers and manufactures wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral systems used in light-frame construction. The Company’s segments are North America, Europe, Asia/Pacific, and Administrative & All Other.

Insider Buying and Selling by Quarter for Simpson Manufacturing (NYSE:SSD)

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