Silgan Holdings Inc. (NYSE:SLGN) Stock Has Consensus Price Target of $50.60

Key Points

• Analysts maintain a Moderate Buy consensus on Silgan Holdings, with eight buy ratings, three holds, and one strong buy. The average 12-month price target is $50.60, above the referenced share price of $40.51.
• Silgan reported quarterly EPS of $1.31, beating the $1.25 consensus and rising from $1.22 a year earlier, while revenue increased 1.5% to $2.04 billion but missed the $2.10 billion estimate.
• The company pays a quarterly dividend of $0.21 per share, equivalent to an annualized $0.84 dividend and a 2.1% yield; institutional investors own approximately 70.25% of outstanding shares.

Shares of Silgan Holdings Inc. (NYSE:SLGN - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $50.60.

SLGN has been the subject of several recent analyst reports. Royal Bank Of Canada upped their target price on Silgan from $47.00 to $48.00 and gave the stock an "outperform" rating in a research note on Friday. Raymond James Financial reiterated an "outperform" rating and issued a $59.00 price target on shares of Silgan in a research note on Wednesday, July 15th. Truist Financial boosted their price target on Silgan from $45.00 to $46.00 and gave the stock a "buy" rating in a report on Friday. Bank of America upped their price objective on Silgan from $53.00 to $58.00 and gave the stock a "buy" rating in a research report on Tuesday, July 14th. Finally, Weiss Ratings lowered Silgan from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, October 13th.

Silgan Stock Performance

Shares of NYSE:SLGN opened at $40.51 on Friday. The company's 50 day moving average price is $38.35 and its two-hundred day moving average price is $41.38. Silgan has a 12-month low of $33.70 and a 12-month high of $49.55. The firm has a market cap of $4.28 billion, a PE ratio of 16.33, a PEG ratio of 2.33 and a beta of 0.67. The company has a quick ratio of 0.80, a current ratio of 0.52 and a debt-to-equity ratio of 1.54.

Silgan (NYSE:SLGN - Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The industrial products company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.06. The business had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $2.10 billion. Silgan had a return on equity of 16.73% and a net margin of 3.90%. The firm's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.22 earnings per share. Equities research analysts predict that Silgan will post 3.89 earnings per share for the current year.

Silgan Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.84 annualized dividend and a dividend yield of 2.1%. Silgan's payout ratio is 33.87%.

Silgan News Roundup

Here are the key news stories impacting Silgan this week:

• Positive Sentiment: Q3 earnings beat estimates: Silgan reported third-quarter adjusted earnings of $1.31 per share, exceeding consensus estimates of approximately $1.25–$1.26 and rising from $1.22 a year earlier. Revenue increased 1.5% year over year to $2.04 billion. Silgan Holdings Tops Q3 Earnings Estimates
• Positive Sentiment: Full-year outlook improved: Silgan raised the midpoint of its full-year earnings estimate, signaling management expects profit performance to remain resilient despite mixed operating conditions. Silgan Announces Third Quarter 2026 Results
• Positive Sentiment: Analysts raised targets and maintained bullish ratings: Truist Financial increased its price target from $45 to $46 while reiterating a “Buy” rating. Royal Bank of Canada raised its target from $47 to $48 and assigned an “Outperform” rating. The revised targets imply approximately 13.6% to 18.5% upside from the referenced share price. Truist Adjusts Silgan Price Target
• Negative Sentiment: Revenue missed expectations: Quarterly sales of $2.04 billion fell short of the approximately $2.10 billion analyst consensus, highlighting softer-than-expected demand or operating trends even as profitability exceeded forecasts. Silgan Misses Q3 Revenue Estimates

Institutional Trading of Silgan

A number of hedge funds and other institutional investors have recently modified their holdings of SLGN. ARGA Investment Management LP raised its holdings in Silgan by 7.6% during the 3rd quarter. ARGA Investment Management LP now owns 427,192 shares of the industrial products company's stock worth $14,845,000 after purchasing an additional 30,136 shares during the last quarter. VCI Wealth Management LLC bought a new stake in shares of Silgan in the 3rd quarter valued at $1,375,000. State of Wyoming bought a new stake in shares of Silgan in the 3rd quarter valued at $121,000. Choreo LLC increased its position in shares of Silgan by 3.1% during the third quarter. Choreo LLC now owns 19,970 shares of the industrial products company's stock worth $694,000 after buying an additional 605 shares during the period. Finally, Evergreen Capital Management LLC increased its position in shares of Silgan by 22.8% during the third quarter. Evergreen Capital Management LLC now owns 16,206 shares of the industrial products company's stock worth $563,000 after buying an additional 3,005 shares during the period. Institutional investors own 70.25% of the company's stock.

Silgan Company Profile

Silgan Holdings Inc NYSE: SLGN is a manufacturer of rigid packaging products used by consumer goods companies. The company produces metal containers, plastic containers and specialty closures for food, beverage, personal care, household, healthcare, industrial and other products.

Silgan's metal packaging business supplies cans and containers for food, pet food, paint, chemicals, aerosols and other applications. Its plastic packaging operations manufacture bottles, tubs and other containers, while its closures business produces metal and plastic caps, lids and dispensing systems for a range of consumer and industrial products.

Founded in 1987, Silgan serves customers primarily across North America and Europe through a network of manufacturing facilities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.