Sonoco Products (NYSE:SON) Announces FY 2026 Earnings Guidance

Key Points

• Sonoco issued FY 2026 guidance below analyst expectations: EPS is projected at $5.30–$5.50 versus a $5.73 consensus estimate, while revenue is expected at $7.2–$7.4 billion versus $7.4 billion expected.
• Analyst sentiment remains cautious. Sonoco has an average “Hold” rating and a consensus price target of $58.89, with several firms recently lowering their targets.
• Shares traded at $49.34 after the company’s latest quarterly results missed estimates, with EPS of $1.67 versus $1.74 expected and revenue of $2.04 billion versus $2.07 billion. Sonoco also announced a quarterly dividend of $0.54 per share, representing a 4.4% annualized yield.

Sonoco Products (NYSE:SON - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 5.300-5.500 for the period, compared to the consensus estimate of 5.730. The company issued revenue guidance of $7.2 billion-$7.4 billion, compared to the consensus revenue estimate of $7.4 billion.

Analysts Set New Price Targets

SON has been the subject of several analyst reports. UBS Group reduced their price objective on Sonoco Products from $61.00 to $51.00 and set a "neutral" rating for the company in a research report on Monday, October 5th. Wells Fargo & Company cut their price objective on Sonoco Products from $56.00 to $53.00 and set an "equal weight" rating on the stock in a report on Monday. Bank of America cut Sonoco Products from a "buy" rating to a "neutral" rating and lowered their target price for the company from $69.00 to $60.00 in a research note on Thursday, September 3rd. Citigroup raised their price target on Sonoco Products from $63.00 to $66.00 and gave the stock a "buy" rating in a research note on Thursday, July 9th. Finally, Truist Financial reduced their price target on Sonoco Products from $68.00 to $62.00 and set a "buy" rating for the company in a research report on Monday, October 12th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $58.89.

Sonoco Products Price Performance

Shares of NYSE SON traded down $0.93 during trading on Friday, reaching $49.34. The company had a trading volume of 269,761 shares, compared to its average volume of 1,162,852. The business's 50 day moving average price is $51.52 and its 200-day moving average price is $52.55. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.55 and a current ratio of 0.99. The stock has a market cap of $4.88 billion, a PE ratio of 7.85, a PEG ratio of 1.44 and a beta of 0.35. Sonoco Products has a 52 week low of $38.65 and a 52 week high of $60.67.

Sonoco Products (NYSE:SON - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $1.67 EPS for the quarter, missing analysts' consensus estimates of $1.74 by ($0.07). The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.07 billion. Sonoco Products had a negative net margin of 3.08% and a positive return on equity of 15.51%. The company's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.92 EPS. Analysts expect that Sonoco Products will post 5.64 earnings per share for the current year.

Sonoco Products Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 4.4%. Sonoco Products's payout ratio is presently 34.34%.

About Sonoco Products

Sonoco Products Company is a global packaging company headquartered in Hartsville, South Carolina. Founded in 1899 as the Southern Novelty Company, it has developed from a producer of paper cones for the textile industry into a diversified provider of packaging solutions serving consumer, industrial and commercial customers.

The company manufactures a broad range of products, including composite cans and tubes, paperboard packaging, flexible packaging, thermoformed packaging, rigid plastic containers, protective packaging and packaging components.

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