NASDAQ:SLGN - Silgan Stock Price, News, & Analysis

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$29.87 -0.04 (-0.13 %)
(As of 05/24/2019 01:49 AM ET)
Previous Close$29.91
Today's Range$29.90 - $29.88
52-Week Range$22.24 - $30.90
Volume220,708 shs
Average Volume474,654 shs
Market Capitalization$3.32 billion
P/E Ratio14.36
Dividend Yield1.47%
Beta0.82
Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products worldwide. It operates through three segments: Metal Containers, Closures, and Plastic Containers. The Metal Containers segment manufactures and sells steel and aluminum containers for food products, such as pet food, vegetables, soups, proteins, tomato based products, adult nutritional drinks, fruits, and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Closures segment offers a range of metal and plastic closures, and dispensing systems for use in food, beverage, health care, garden, personal care, home, and beauty products, as well as capping/sealing equipment and detection systems. The Plastic Containers segment manufactures and sells custom designed and stock plastic containers for use in personal care and health care, household and industrial chemical, and pharmaceutical products. This segment also offers plastic thermoformed barrier and non-barrier bowls, and trays for food products, such as soups, other ready-to-eat meals, and pet food products, as well as thermoformed plastic tubs for food, household, and personal care products, including soft fabric wipes. The company markets its products primarily through direct sales force, as well as through a network of distributors and an online shopping catalog. Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Industry Metal cans
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
Current SymbolNASDAQ:SLGN
CUSIP82704810
Phone203-975-7110

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.45 billion
Cash Flow$3.8295 per share
Book Value$8.10 per share

Profitability

Net Income$223.99 million

Miscellaneous

Employees13,100
Market Cap$3.32 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Silgan (NASDAQ:SLGN) Frequently Asked Questions

What is Silgan's stock symbol?

Silgan trades on the NASDAQ under the ticker symbol "SLGN."

How often does Silgan pay dividends? What is the dividend yield for Silgan?

Silgan declared a quarterly dividend on Tuesday, May 7th. Shareholders of record on Monday, June 3rd will be paid a dividend of $0.11 per share on Monday, June 17th. This represents a $0.44 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend is Friday, May 31st. View Silgan's Dividend History.

When did Silgan's stock split? How did Silgan's stock split work?

Silgan's stock split on Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly minted shares were payable to shareholders after the market closes on Friday, May 26th 2017. An investor that had 100 shares of Silgan stock prior to the split would have 200 shares after the split.

How were Silgan's earnings last quarter?

Silgan Holdings Inc. (NASDAQ:SLGN) announced its quarterly earnings data on Wednesday, April, 24th. The industrial products company reported $0.46 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.03. The industrial products company earned $1.03 billion during the quarter, compared to analysts' expectations of $1.01 billion. Silgan had a net margin of 5.04% and a return on equity of 26.74%. The company's revenue was up 1.5% on a year-over-year basis. During the same period last year, the business posted $0.42 EPS. View Silgan's Earnings History.

When is Silgan's next earnings date?

Silgan is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Silgan.

What guidance has Silgan issued on next quarter's earnings?

Silgan updated its FY19 earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of $2.10-2.20 for the period, compared to the Thomson Reuters consensus estimate of $2.16. Silgan also updated its Q2 guidance to $0.51-0.56 EPS.

What price target have analysts set for SLGN?

8 analysts have issued twelve-month price objectives for Silgan's shares. Their forecasts range from $25.00 to $33.00. On average, they anticipate Silgan's share price to reach $27.8333 in the next year. This suggests that the stock has a possible downside of 6.8%. View Analyst Price Targets for Silgan.

What is the consensus analysts' recommendation for Silgan?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silgan in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Silgan.

What are Wall Street analysts saying about Silgan stock?

Here are some recent quotes from research analysts about Silgan stock:
  • 1. KeyCorp analysts commented, "We are increasing our 2019 adjusted EPS estimate from $2.12 to $2.18 (guidance remains $2.10-$2.20) and our 2020 EPS estimate from $2.09 to $2.23 (below consensus of $2.33). Our 2019 estimate is going up to reflect the 1Q19 beat, while our 2020 estimate is increasing because of our inclusion of large share repurchase and our assumption of a modestly lower tax rate than before; our 2020 adjusted EBIT estimate isn’t changing (we are assuming a 2% EBIT decline). We think the most likely catalyst for the shares would be a large, debt-financed acquisition, but we have no idea if or when one will take place; in the meantime, we’re assuming a large share repurchase in 1Q20." (4/24/2019)
  • 2. According to Zacks Investment Research, "Silgan Holdings expects adjusted earnings per share in the range of $2.10-$2.20 in 2019, reflecting a 9.6% increase from the prior year at the mid-point. Silgan Holdings expects to deliver improved operating results across all businesses in 2019. Its closures business is anticipated to benefit from the Dispensing Systems acquisition. Further, increase in capital expenditures and lower tax rates are expected to aid growth. However, lower volumes in metal container business, inflated freight and material costs remain concerns. Moreover, the stock has underperformed the industry over the past year." (4/22/2019)

Has Silgan been receiving favorable news coverage?

News headlines about SLGN stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Silgan earned a daily sentiment score of 0.3 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Silgan's key competitors?

What other stocks do shareholders of Silgan own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Silgan investors own include Monroe Capital (MRCC), Intel (INTC), Roku (ROKU), Cisco Systems (CSCO), Xilinx (XLNX), Helmerich & Payne (HP), Masco (MAS), Square (SQ), VF (VFC) and Valero Energy (VLO).

Who are Silgan's key executives?

Silgan's management team includes the folowing people:
  • Mr. Anthony J. Allott, Pres, CEO & Director (Age 55)
  • Mr. Robert B. Lewis, Exec. VP & CFO (Age 55)
  • Mr. Adam J. Greenlee, Exec. VP & COO (Age 45)
  • Mr. Frank W. Hogan III, Sr. VP, Gen. Counsel and Sec. (Age 58)
  • Mr. Thomas J. Snyder, Pres of Silgan Containers (Age 52)

Who are Silgan's major shareholders?

Silgan's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (6.96%), JPMorgan Chase & Co. (6.88%), BlackRock Inc. (6.26%), Wellington Management Group LLP (3.24%), Dimensional Fund Advisors LP (1.96%) and Wells Fargo & Company MN (1.80%). Company insiders that own Silgan stock include Adam J Greenlee, Anthony J Allott, Anthony P Andreacchi, B Frederik Prinzen, D Greg Horrigan, John W Alden, Leigh J Abramson, Robert B Lewis, Thomas James Snyder, William C Jennings and William T Donovan. View Institutional Ownership Trends for Silgan.

Which major investors are selling Silgan stock?

SLGN stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, Morgan Stanley, Deprince Race & Zollo Inc., Sapience Investments LLC, JPMorgan Chase & Co., Nordea Investment Management AB and Man Group plc. Company insiders that have sold Silgan company stock in the last year include Adam J Greenlee, Anthony J Allott, Anthony P Andreacchi, B Frederik Prinzen, John W Alden, Robert B Lewis and William C Jennings. View Insider Buying and Selling for Silgan.

Which major investors are buying Silgan stock?

SLGN stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, AQR Capital Management LLC, Renaissance Technologies LLC, Jacobs Levy Equity Management Inc., Goldman Sachs Group Inc., AJO LP, First Quadrant L P CA and Acadian Asset Management LLC. Company insiders that have bought Silgan stock in the last two years include Leigh J Abramson and William T Donovan. View Insider Buying and Selling for Silgan.

How do I buy shares of Silgan?

Shares of SLGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Silgan's stock price today?

One share of SLGN stock can currently be purchased for approximately $29.87.

How big of a company is Silgan?

Silgan has a market capitalization of $3.32 billion and generates $4.45 billion in revenue each year. The industrial products company earns $223.99 million in net income (profit) each year or $2.08 on an earnings per share basis. Silgan employs 13,100 workers across the globe.

What is Silgan's official website?

The official website for Silgan is http://www.silganholdings.com/.

How can I contact Silgan?

Silgan's mailing address is 4 LANDMARK SQUARE, STAMFORD CT, 06901. The industrial products company can be reached via phone at 203-975-7110 or via email at [email protected]


MarketBeat Community Rating for Silgan (NASDAQ SLGN)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  479 (Vote Underperform)
Total Votes:  716
MarketBeat's community ratings are surveys of what our community members think about Silgan and other stocks. Vote "Outperform" if you believe SLGN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLGN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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