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Simpson Manufacturing Co inc   (SSD)
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Price: $195.2700 $-1.97 -0.999%
Day's High: $198.975 Week Perf: -3.25 %
Day's Low: $ 195.26 30 Day Perf: -0.37 %
Volume (M): 267 52 Wk High: $ 218.38
Volume (M$): $ 52,137 52 Wk Avg: $153.20
Open: $198.54 52 Wk Low: $101.74



 Market Capitalization (Millions $) 8,368
 Shares Outstanding (Millions) 43
 Employees 2,498
 Revenues (TTM) (Millions $) 2,214
 Net Income (TTM) (Millions $) 354
 Cash Flow (TTM) (Millions $) 129
 Capital Exp. (TTM) (Millions $) 89

Simpson Manufacturing Co Inc

The Company, through its wholly owned subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral systems used in light-frame construction, and concrete construction products used for concrete, masonry, steel construction and for concrete repair, protection and strengthening, including adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools and fiber reinforced materials. The Company markets its products to the residential construction, light industrial and commercial construction, remodeling and do-it-yourself (“DIY”) markets. The Company also provides engineering services in support of some of its products and increasingly offers design and other software that facilitates the specification, selection and use of its products. The Company believes that the Simpson Strong-Tie brand benefits from strong brand name recognition among architects and engineers who frequently specify in building plans the use of the Company’s products. The Company has continuously manufactured structural connectors since 1956.

The Company attracts and retains customers by designing, manufacturing and selling products that are of high quality and performance, easy to use and cost-effective for customers. The Company aims to manufacture and warehouse its products in geographic proximity to its markets to provide availability and rapid delivery of products to customers and prompt response to customer requests for specially designed products and services. The Company maintains high levels of inventory to operate with little backlog and fill most customer orders within a few days. High levels of manufacturing automation and flexibility allow the Company to maintain its quality standards while continuing to provide prompt delivery.

The Company intends to continue efforts to increase market share in both the wood construction and concrete construction product groups by:

maintaining frequent contact with customers and private organizations that provide information to building code officials;
continuing to sponsor seminars to inform architects, engineers, contractors and building officials on appropriate use, proper installation and identification of the Company’s products;
continuing to invest in mobile and web applications for customers, utilizing social media, blog posts and videos to connect and engage with customers and to help them do their jobs more efficiently; and
continuing to diversify product offerings to be less dependent on residential housing.

The Company’s long-term strategy is to develop, acquire or invest in product lines or businesses that have the potential to increase the Company’s earnings per share over time and that:

complement the Company’s existing product lines;
can be marketed through the Company’s existing distribution channels;
might benefit from use of the Company’s brand names and expertise;
are responsive to needs of the Company’s customers;
expand the Company’s markets geographically; and
reduce the Company’s dependence on the United States residential construction market.

New Products. The Company commits substantial resources to new product development. The Company believes it is the only United States manufacturer with the capability to test multi-story wall systems, thus enabling full scale testing rather than analysis alone to prove system performance. The Company’s engineering, sales, product management, and marketing teams work together with architects, engineers, building inspectors, code officials and customers in the new product development process.

The Company’s product research and development is based largely on products or solutions that are identified within the Company or as customers communicate to the Company as well as the Company’s strategic initiatives to develop new markets or product lines. The Company’s strategy is to develop new products on a proprietary basis, to seek patents when appropriate and to rely on trade secret protection for others. The Company typically develops 15 to 25 new products each year.

new connectors for wood framing applications;
new wood shrinkage compensating devices;
new cold formed steel bridging and kneewall connections;
new structural screws for wood, metal and composite decking applications;
new mechanical anchors were introduced for use in hollow wall conditions and for overhead applications; and
the repair, protection and strengthening line of products received code approvals for their carbon fiber fabric and laminate systems.



   Company Address: 5956 W. Las Positas Blvd Pleasanton 94588 CA
   Company Phone Number: 560-9000   Stock Exchange / Ticker: NYSE SSD
   


   

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Simpson Manufacturing Co Inc

Simpson Manufacturing Co Inc Reports Impressive Earnings Boosted by $225.52 Million in Tax Provisions

Simpson Manufacturing Co. Declares Quarterly Dividend, Reflecting a Strong Growth Strategy
Pleasanton, Calif. - January 22, 2024 - Simpson Manufacturing Co., Inc. (NYSE: SSD), a global leader in engineered structural connectors and building solutions, has recently made a significant announcement. On January 19, 2024, the company's Board of Directors declared a quarterly dividend, reinforcing their strong growth strategy and commitment to delivering value to their shareholders.
The decision to declare a dividend underscores Simpson Manufacturing Co.'s continued financial strength and confidence in their ability to generate sustainable growth in the market. As a prominent industry player, the company has consistently demonstrated its ability to adapt to changing market conditions and deliver innovative solutions to meet customer demands.

Dividend

Simpson Manufacturing Co. Drives Growth Strategy, Declares Quarterly Dividend Amidst Market Expansion

Published Mon, Jan 22 2024 9:05 PM UTC

Simpson Manufacturing Co. Declares Quarterly Dividend, Reflecting a Strong Growth Strategy
Pleasanton, Calif. - January 22, 2024 - Simpson Manufacturing Co., Inc. (NYSE: SSD), a global leader in engineered structural connectors and building solutions, has recently made a significant announcement. On January 19, 2024, the company?s Board of Directors declared a quarterly ...

Simpson Manufacturing Co Inc

Simpson Manufacturing Co Inc Powers Ahead with Impressive 17.96% Surge in Double Digit Earnings Per Share

Simpson Manufacturing Co Inc Soars with Strong Financial Results and Promising Growth Prospects
In the highly competitive world of manufacturing, Simpson Manufacturing Co Inc (SSD) has emerged as a clear frontrunner, showcasing exceptional financial performance in the July to September 30, 2023 period. With an impressive income increase of 17.96%, the company recorded an income per share of $2.43 compared to $2.06 the previous year. Additionally, even though there was a slight decrease of -2.8% from the preceding quarter, the income per share of $2.43 remains higher than the $2.50 per share from the same quarter last year.
Revenue figures have also witnessed substantial growth for Simpson Manufacturing Co Inc. The company reported a mild increase of 4.742%, with revenue reaching $579.92 million as compared to $553.66 million in the corresponding quarter last year. However, sequentially, there was a decrease of -2.937% from $597.47 million in the previous quarter. It's worth noting that despite this dip, Simpson Manufacturing Co Inc's overall revenue remains on a positive trajectory.

Simpson Manufacturing Co Inc

Simpson Manufacturing Co Inc Shines in Q2 2023: Posts 15.74% Surge in Earnings Per Share

Simpson Manufacturing Co Inc Posts Impressive Profitability Growth in Q2 2023 Earnings Season
Simpson Manufacturing Co Inc, a leading Miscellaneous Manufacturing company, has reported an exceptional increase in profitability during the second quarter of the 2023 earnings season. With a double-digit rise in profitability and a slight improvement in revenue, the company is showing strong performance and promising potential for the coming quarters.
During the second quarter of 2023, Simpson Manufacturing Co Inc witnessed a remarkable growth of 15.74% in income, reaching $2.50 per share. This surge in profitability is a testament to the company's ability to adapt to market circumstances and maximize its revenue-generating capabilities. Revenue, although only inching up by 0.714%, stood at $597.47 million, indicating a steady overall performance.

Simpson Manufacturing Co Inc

Simpson Manufacturing Co Inc Shows Strong Growth Potential with Substantial Revenue Increase in Q1 2023

Simpson Manufacturing Co Inc (SSD) has recently announced its financial report for the first quarter of 2023, and it shows strong potential for growth in the future. The company reported a net profit per share of $2.05 and revenue of $475.62 million in the first quarter of 2023, which indicates that the company is continuing to perform well in its chosen market.
While SSD's earnings decreased by $0.13 per share compared to the first quarter of 2022, the overall revenue of the company rose by 8.278% in the similar period. This growth can be attributed to the company's focus on improving sales, which allowed it to post strong revenue figures in the first quarter of 2023.






 

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Simpson Manufacturing Co inc does not provide earnings estimates.

 
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