Silgan (NYSE:SLGN) Releases FY 2025 Earnings Guidance

Silgan (NYSE:SLGN - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.000-4.200 for the period, compared to the consensus earnings per share estimate of 4.090. The company issued revenue guidance of -. Silgan also updated its Q2 2025 guidance to 0.980-1.080 EPS.

Silgan Price Performance

Silgan stock traded up $2.14 during mid-day trading on Friday, reaching $54.85. The company had a trading volume of 944,730 shares, compared to its average volume of 661,103. The stock's 50-day simple moving average is $50.43 and its 200-day simple moving average is $52.46. The company has a market capitalization of $5.87 billion, a P/E ratio of 21.26, a P/E/G ratio of 1.27 and a beta of 0.81. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.45 and a quick ratio of 0.28. Silgan has a 1 year low of $41.14 and a 1 year high of $58.14.

Silgan (NYSE:SLGN - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.04. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.48 billion. Silgan had a return on equity of 19.70% and a net margin of 4.72%. Silgan's quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the business posted $0.69 EPS. On average, equities analysts predict that Silgan will post 4.11 EPS for the current year.

Silgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 17th. This is a positive change from Silgan's previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a dividend yield of 1.46%. Silgan's payout ratio is currently 29.74%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Bank of America upped their price target on shares of Silgan from $60.00 to $61.00 and gave the company a "buy" rating in a report on Monday, January 6th. Raymond James upgraded Silgan from an "outperform" rating to a "strong-buy" rating and lowered their target price for the company from $65.00 to $60.00 in a report on Tuesday, April 22nd. Truist Financial reduced their price objective on Silgan from $70.00 to $62.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. upgraded Silgan from a "neutral" rating to an "overweight" rating and set a $57.00 price objective for the company in a research report on Thursday. Finally, Royal Bank of Canada upped their target price on shares of Silgan from $63.00 to $65.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $62.78.

Insider Buying and Selling

In other news, EVP Robert B. Lewis sold 20,000 shares of the firm's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $53.22, for a total value of $1,064,400.00. Following the transaction, the executive vice president now directly owns 152,133 shares in the company, valued at $8,096,518.26. This trade represents a 11.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Adam J. Greenlee sold 125,000 shares of the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $54.73, for a total value of $6,841,250.00. Following the sale, the chief executive officer now owns 227,332 shares of the company's stock, valued at $12,441,880.36. The trade was a 35.48 % decrease in their position. The disclosure for this sale can be found here. 1.39% of the stock is currently owned by company insiders.

About Silgan

Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.