Silgan (SLGN) Projected to Post Earnings on Wednesday

Silgan (NYSE:SLGN - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect Silgan to post earnings of $1.03 per share and revenue of $1.53 billion for the quarter. Silgan has set its Q2 2025 guidance at 0.980-1.080 EPS and its FY 2025 guidance at 4.000-4.200 EPS.

Silgan (NYSE:SLGN - Get Free Report) last issued its earnings results on Wednesday, April 30th. The industrial products company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.04. The business 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 20.00% and a net margin of 4.82%. The firm's revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 earnings per share. On average, analysts expect Silgan to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Silgan Trading Up 0.5%

Shares of Silgan stock traded up $0.30 on Friday, reaching $55.67. 579,197 shares of the company's stock were exchanged, compared to its average volume of 601,705. The company has a market capitalization of $5.96 billion, a P/E ratio of 20.70, a price-to-earnings-growth ratio of 1.30 and a beta of 0.75. Silgan has a 52 week low of $44.37 and a 52 week high of $58.14. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.67 and a current ratio of 1.14. The firm's 50-day moving average is $54.97 and its two-hundred day moving average is $53.00.

Silgan Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.44%. The ex-dividend date was Monday, June 2nd. Silgan's dividend payout ratio is presently 29.74%.

Insider Activity at Silgan

In other Silgan news, VP B Frederik Prinzen sold 2,378 shares of the firm's stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $54.05, for a total transaction of $128,530.90. Following the transaction, the vice president directly owned 1,380 shares in the company, valued at approximately $74,589. This trade represents a 63.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Robert B. Lewis sold 10,000 shares of Silgan stock in a transaction on Monday, May 19th. The stock was sold at an average price of $55.92, for a total transaction of $559,200.00. Following the transaction, the executive vice president directly owned 153,378 shares in the company, valued at $8,576,897.76. This represents a 6.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.13% of the company's stock.

Institutional Investors Weigh In On Silgan

A number of institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of Silgan during the 1st quarter valued at $9,892,000. AQR Capital Management LLC grew its position in Silgan by 94.7% during the first quarter. AQR Capital Management LLC now owns 89,117 shares of the industrial products company's stock valued at $4,477,000 after buying an additional 43,338 shares during the period. Royal Bank of Canada increased its holdings in Silgan by 1.2% during the first quarter. Royal Bank of Canada now owns 43,734 shares of the industrial products company's stock worth $2,235,000 after buying an additional 510 shares during the last quarter. NewEdge Advisors LLC raised its position in Silgan by 332.3% in the first quarter. NewEdge Advisors LLC now owns 6,459 shares of the industrial products company's stock worth $330,000 after acquiring an additional 4,965 shares during the period. Finally, United Services Automobile Association purchased a new position in Silgan in the first quarter valued at about $264,000. 70.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on SLGN shares. JPMorgan Chase & Co. upgraded shares of Silgan from a "neutral" rating to an "overweight" rating and set a $57.00 price objective on the stock in a report on Thursday, May 1st. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Silgan in a research report on Tuesday, July 15th. Citigroup increased their price target on Silgan from $60.00 to $63.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Wells Fargo & Company boosted their price objective on Silgan from $60.00 to $62.00 and gave the company an "overweight" rating in a report on Friday, July 18th. Finally, Bank of America reiterated a "neutral" rating and issued a $59.00 target price (up from $57.00) on shares of Silgan in a report on Wednesday, July 9th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Silgan has an average rating of "Moderate Buy" and a consensus target price of $63.78.

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.