Silgan Holdings Inc. is a holding company. The Company is a manufacturer of rigid packaging for consumer goods products. The Company operates in three business segments: metal containers, closures and plastic containers. Its metal container segment is engaged in the manufacture and sale of steel and aluminum containers for human and pet food and general line products. Its closures segment manufactures and sells metal, composite and plastic closures for food and beverage products. Its plastic containers segment manufactures and sells custom designed plastic containers and closures for personal care, food, healthcare, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products. The Company is a manufacturer of metal containers in North America and Europe. As of December 31, 2016, the Company's products were used for a range of end markets and it operated 87 manufacturing plants in North America, Europe, Asia and South America.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Packaging & Containers
- Sub-Industry: Metal & Glass Containers
- Symbol: NASDAQ:SLGN
- CUSIP: 82704810
- Web: www.silganholdings.com
- Market Cap: $3.47 billion
- Outstanding Shares: 55,142,000
- 50 Day Moving Avg: $60.46
- 200 Day Moving Avg: $56.81
- 52 Week Range: $47.16 - $64.98
Sales & Book Value:
- Trailing P/E Ratio: 24.54
- Foreward P/E Ratio: 16.47
- P/E Growth: 1.33
- Annual Revenue: $3.63 billion
- Price / Sales: 0.96
- Book Value: $8.89 per share
- Price / Book: 7.08
- Annual Dividend: $0.68
- Dividend Yield: 0.6%
- EBIDTA: $476.83 million
- Net Margins: 4.25%
- Return on Equity: 25.75%
- Return on Assets: 4.89%
- Debt-to-Equity Ratio: 1.81%
- Current Ratio: 0.44%
- Quick Ratio: 0.16%
- Average Volume: 288,598 shs.
- Beta: 0.57
- Short Ratio: 6.22
Frequently Asked Questions for Silgan Holdings (NASDAQ:SLGN)
What is Silgan Holdings' stock symbol?
Silgan Holdings trades on the NASDAQ under the ticker symbol "SLGN."
How often does Silgan Holdings pay dividends? What is the dividend yield for Silgan Holdings?
Silgan Holdings announced a quarterly dividend on Friday, May 5th. Investors of record on Thursday, June 1st will be given a dividend of $0.09 per share on Thursday, June 15th. This represents a $0.36 annualized dividend and a yield of 0.57%. The ex-dividend date is Tuesday, May 30th. View Silgan Holdings' Dividend History.
When did Silgan Holdings' stock split? How did Silgan Holdings' stock split work?
Silgan Holdings shares split before market open on Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly minted shares will be distributed to shareholders after the market closes on Friday, May 26th 2017. An investor that had 100 shares of Silgan Holdings stock prior to the split would have 200 shares after the split.
How were Silgan Holdings' earnings last quarter?
Silgan Holdings Inc. (NASDAQ:SLGN) released its earnings results on Wednesday, April, 26th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.09. The business had revenue of $805.40 million for the quarter, compared to analyst estimates of $795.58 million. Silgan Holdings had a net margin of 4.25% and a return on equity of 25.75%. The firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business earned $0.45 earnings per share. View Silgan Holdings' Earnings History.
When will Silgan Holdings make its next earnings announcement?
What guidance has Silgan Holdings issued on next quarter's earnings?
Silgan Holdings issued an update on its FY17 earnings guidance on Wednesday, April, 26th. The company provided earnings per share (EPS) guidance of $3.20-3.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.29. Silgan Holdings also updated its Q2 guidance to $0.65-0.75 EPS.
Where is Silgan Holdings' stock going? Where will Silgan Holdings' stock price be in 2017?
8 brokers have issued twelve-month price objectives for Silgan Holdings' shares. Their predictions range from $51.00 to $65.00. On average, they anticipate Silgan Holdings' stock price to reach $56.60 in the next year. View Analyst Ratings for Silgan Holdings.
What are analysts saying about Silgan Holdings stock?
Here are some recent quotes from research analysts about Silgan Holdings stock:
- 1. KeyCorp analysts commented, "We are increasing our 2017 adj. EPS estimate from $3.15 to $3.30 (guidance is $3.20- $3.40, so we’re moving from the low end of previous guidance to the midpoint of new guidance). Our 2018 estimate is going from $3.15 to $3.45 (consensus is $3.60). SLGN shareholders have recently benefited from a debt-financed share repurchase and a debt-financed acquisition, the latter of which we did not consider inexpensive; as a result of these moves, the Company is more highly levered than its peers and will be in debt reduction mode for the foreseeable future. The combination of high leverage, lower organic growth than many of its packaging peers (witness what’s happened to its organic EBIT/EBITDA over the past five years), and recent substantial declines in its return on assets suggests to us that a discount is warranted." (4/26/2017)
- 2. According to Zacks Investment Research, "For first-quarter 2017, Silgan expects earnings to be in the range of $0.48–$0.58, the midpoint of which implies 18% growth year over year. For 2017, Silgan guides earnings per share in the range of $3.15–$3.35. Silgan’s international operations generate approximately 23% of its consolidated net sales, and therefore unfavorable foreign currency translation is likely to hurt results. Further, high debt, interest levels remain concerns for the company. The company's estimates have gone down ahead of its first quarter release." (4/25/2017)
Are investors shorting Silgan Holdings?
Silgan Holdings saw a decrease in short interest during the month of April. As of April 28th, there was short interest totalling 1,291,274 shares, a decrease of 23.9% from the April 13th total of 1,697,605 shares. Based on an average trading volume of 323,323 shares, the short-interest ratio is presently 4.0 days. Approximately 3.5% of the shares of the stock are short sold.
Who are some of Silgan Holdings' key competitors?
Who owns Silgan Holdings stock?
Silgan Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (11.98%), Vanguard Group Inc. (7.11%), JPMorgan Chase & Co. (6.99%), BlackRock Inc. (5.81%), Wellington Management Group LLP (2.78%) and State Street Corp (1.75%). Company insiders that own Silgan Holdings stock include Adam J Greenlee, Anthony J Allott, Anthony P Andreacchi, B Frederik Prinzen, D Greg Horrigan and Thomas James Snyder. View Institutional Ownership Trends for Silgan Holdings.
Who sold Silgan Holdings stock? Who is selling Silgan Holdings stock?
Silgan Holdings' stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., FMR LLC, Nordea Investment Management AB, BTIM Corp., Bank of America Corp DE, Wells Fargo & Company MN, Goldman Sachs Group Inc. and Russell Investments Group Ltd.. Company insiders that have sold Silgan Holdings stock in the last year include Adam J Greenlee, Anthony J Allott, Anthony P Andreacchi, B Frederik Prinzen and D Greg Horrigan. View Insider Buying and Selling for Silgan Holdings.
Who bought Silgan Holdings stock? Who is buying Silgan Holdings stock?
Silgan Holdings' stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Mesirow Financial Investment Management Equity Management, Vanguard Group Inc., Gotham Asset Management LLC, Renaissance Technologies LLC, First Quadrant L P CA and Point72 Asset Management L.P.. View Insider Buying and Selling for Silgan Holdings.
How do I buy Silgan Holdings stock?
Shares of Silgan Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Silgan Holdings stock cost?
One share of Silgan Holdings stock can currently be purchased for approximately $62.91.
Earnings History for Silgan Holdings (NASDAQ:SLGN)Earnings History by Quarter for Silgan Holdings (NASDAQ:SLGN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017|| || || || || || || || |
|4/26/2017||Q1 2017||$0.53||$0.62||$795.58 million||$805.40 million||View||N/A|
|1/31/2017||Q416||$0.48||$0.48||$814.52 million||$805.90 million||View||N/A|
|10/26/2016||Q316||$1.25||$1.23||$1.18 billion||$1.14 billion||View||N/A|
|7/27/2016||Q216||$0.56||$0.60||$895.15 million||$874.60 million||View||N/A|
|4/27/2016||Q116||$0.40||$0.45||$801.75 million||$792.70 million||View||N/A|
|2/2/2016||Q415||$0.41||$0.48||$881.69 million||$829.60 million||View||N/A|
|10/21/2015||Q315||$1.39||$1.26||$1.20 billion||$1.20 billion||View||N/A|
|7/22/2015||Q215||$0.70||$0.71||$882.39 million||$914.20 million||View||N/A|
|4/29/2015||Q115||$0.55||$0.54||$844.23 million||$816.60 million||View||N/A|
|2/3/2015||Q414||$0.57||$0.58||$892.44 million||$910.20 million||View||N/A|
|10/22/2014||Q314||$1.33||$1.33||$1.24 billion||$1.23 billion||View||N/A|
|7/23/2014||Q214||$0.67||$0.73||$934.11 million||$917.30 million||View||N/A|
|4/30/2014||Q114||$0.51||$0.53||$850.90 million||$855.80 million||View||N/A|
|1/27/2014||Q413||$0.49||$0.45||$885.07 million||$864.80 million||View||N/A|
|10/23/2013||Q313||$1.32||$1.21||$1.19 billion||$1.17 billion||View||N/A|
|7/24/2013||Q2 2013||$0.65||$0.65||$865.56 million||$880.00 million||View||N/A|
|4/24/2013||Q1 2013||$0.47||$0.46||$812.61 million||$795.70 million||View||N/A|
|1/29/2013||Q4 2012||$0.47||$0.47||$860.33 million||$858.80 million||View||N/A|
Earnings Estimates for Silgan Holdings (NASDAQ:SLGN)
2017 EPS Consensus Estimate: $3.21
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Silgan Holdings (NASDAQ:SLGN)
|Dividend Growth:||6.70% (3 Year Average)|
|Payout Ratio:||26.67% (Trailing 12 Months of Earnings) |
20.48% (Based on This Year's Estimates)
17.80% (Based on Next Year's Estimates)
|Track Record:||13 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Silgan Holdings (NASDAQ:SLGN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Silgan Holdings (NASDAQ:SLGN)
Insider Ownership Percentage: 32.94%Insider Trades by Quarter for Silgan Holdings (NASDAQ:SLGN)
Institutional Ownership Percentage: 74.27%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/19/2017||Adam J. Greenlee||VP||Sell||5,643||$61.56||$347,383.08|| |
|5/11/2017||B Frederik Prinzen||VP||Sell||3,204||$62.28||$199,545.12|| |
|11/23/2016||Adam J. Greenlee||VP||Sell||4,417||$50.03||$220,982.51|| |
|11/22/2016||Anthony J. Allott||Insider||Sell||33,875||$50.75||$1,719,156.25|| |
|11/22/2016||D Greg Horrigan||Director||Sell||434,374||$50.75||$22,044,480.50|| |
|8/30/2016||Anthony P. Andreacchi||VP||Sell||1,221||$48.48||$59,194.08|| |
|8/18/2016||B Frederik Prinzen||VP||Sell||1,000||$48.05||$48,050.00|| |
|5/25/2016||Anthony P Andreacchi||VP||Sell||600||$50.72||$30,432.00|| |
|5/11/2016||B Frederik Prinzen||VP||Sell||1,200||$51.57||$61,884.00|| |
|5/6/2016||Thomas James Snyder||Insider||Sell||4,367||$50.55||$220,751.85|| |
|5/7/2015||B Frederik Prinzen||VP||Sell||2,271||$54.22||$123,133.62|| |
|3/17/2015||Adam J Greenlee||COO||Sell||18,372||$58.50||$1,074,762.00|| |
|3/17/2015||Anthony J Allott||CEO||Sell||50,000||$58.50||$2,925,000.00|| |
|3/17/2015||Frank W Hogan III||VP||Sell||2,938||$58.50||$171,873.00|| |
|3/17/2015||Robert B Lewis||CFO||Sell||29,849||$58.50||$1,746,166.50|| |
|8/26/2014||Adam J Greenlee||COO||Sell||39,328||$50.02||$1,967,186.56|| |
|5/16/2014||Thomas James Snyder||Insider||Sell||3,793||$48.38||$183,505.34|| |
|5/13/2014||B Frederik Prinzen||VP||Sell||1,339||$49.26||$65,959.14|| |
|5/5/2014||Adam Greenlee||COO||Sell||5,538||$49.19||$272,414.22|| |
|11/14/2013||Robert Lewis||CFO||Sell||35,000||$45.11||$1,578,850.00|| |
|8/22/2013||B Frederik Prinzen||VP||Sell||2,638||$48.25||$127,283.50|| |
|5/17/2013||Anthony P Andreacchi||VP||Sell||1,250||$48.62||$60,775.00|| |
|11/1/2012||Thomas James Snyder||Insider||Sell||6,937||$44.07||$305,713.59|| |
|8/10/2012||Frederik B Prinzen||VP||Sell||2,682||$40.50||$108,621.00|| |
Headline Trends for Silgan Holdings (NASDAQ:SLGN)
Latest Headlines for Silgan Holdings (NASDAQ:SLGN)
|Silgan Holdings Inc. (SLGN) VP Adam J. Greenlee Sells 5,643 Shares|
www.americanbankingnews.com - May 23 at 7:47 PM
|Here's Why Silgan Holdings (SLGN) Be in Your Portfolio Now|
finance.yahoo.com - May 18 at 1:06 PM
|Silgan Holdings Inc. Stock to Split on Monday, May 29th (SLGN)|
www.americanbankingnews.com - May 13 at 8:18 AM
|Silgan Holdings Inc. (SLGN) Sees Large Decrease in Short Interest|
www.americanbankingnews.com - May 13 at 8:16 AM
|Insider Selling: Silgan Holdings Inc. (SLGN) VP Sells 3,204 Shares of Stock|
www.americanbankingnews.com - May 12 at 8:00 PM
|Silgan Holdings Inc. (SLGN) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - May 12 at 8:48 AM
|Silgan Holdings Inc. (SLGN) Expected to Post Quarterly Sales of $1.03 Billion|
www.americanbankingnews.com - May 7 at 7:54 AM
| Analysts Expect Silgan Holdings Inc. (SLGN) to Post $0.71 Earnings Per Share|
www.americanbankingnews.com - May 5 at 8:22 PM
|Silgan Holdings Inc. (SLGN) Announces $0.09 Quarterly Dividend|
www.americanbankingnews.com - May 5 at 7:08 PM
|Silgan Holdings (SLGN) Earning Somewhat Favorable Press Coverage, Analysis Shows|
www.americanbankingnews.com - May 4 at 8:18 PM
|Silgan Holdings (SLGN) Announces 2-for1 Stock Split; Declares Dividend|
www.streetinsider.com - May 4 at 8:11 PM
|Silgan Approves Two-for-One Stock Split and Declares Quarterly Dividend|
finance.yahoo.com - May 4 at 10:48 AM
|Silgan (SLGN) Tops Q1 Earnings, Revenues, Lifts '17 EPS View|
www.zacks.com - May 3 at 6:02 PM
|Silgan (SLGN) Tops Q1 Earnings, Revenues, Lifts '17 EPS View|
finance.yahoo.com - May 2 at 5:42 PM
|Silgan Holdings (SLGN) Getting Favorable Media Coverage, Report Finds|
www.americanbankingnews.com - May 1 at 5:08 PM
|Silgan Holdings Inc. (SLGN) Rating Reiterated by Barclays PLC|
www.americanbankingnews.com - May 1 at 3:38 PM
|Silgan Holdings (SLGN) Earning Somewhat Positive Media Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 28 at 4:33 PM
|KeyCorp Weighs in on Silgan Holdings Inc.'s Q2 2017 Earnings (SLGN)|
www.americanbankingnews.com - April 28 at 8:46 AM
|Edited Transcript of SLGN earnings conference call or presentation 26-Apr-17 3:00pm GMT|
finance.yahoo.com - April 27 at 3:21 PM
|Silgan Holdings, Inc. – Value Analysis (NASDAQ:SLGN) : April 26, 2017|
finance.yahoo.com - April 26 at 8:47 PM
|Silgan Holdings' (SLGN) Hold Rating Reaffirmed at KeyCorp|
www.americanbankingnews.com - April 26 at 6:48 PM
|Silgan Holdings Inc. (SLGN) Announces Earnings Results|
www.americanbankingnews.com - April 26 at 4:12 PM
|WestRock's (WRK) Q2 Earnings, Revenues Beat Estimates|
www.zacks.com - April 26 at 3:46 PM
|More on Silgan Holdings' Q1|
seekingalpha.com - April 26 at 10:05 AM
|Silgan Holdings Inc. (SLGN) Releases Q2 Earnings Guidance|
www.americanbankingnews.com - April 26 at 9:59 AM
|Silgan Holdings Inc. (SLGN) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - April 26 at 9:59 AM
|Silgan Announces First Quarter Earnings and Increases Full Year Estimate on Recent Acquisition|
finance.yahoo.com - April 26 at 9:20 AM
|Silgan beats Street 1Q forecasts|
marketbeat.com - April 26 at 7:45 AM
|Silgan Holdings (SLGN) Receiving Somewhat Positive Press Coverage, Study Shows|
www.americanbankingnews.com - April 25 at 7:08 PM
|Silgan Holdings Inc. (SLGN) Downgraded by Zacks Investment Research to "Sell"|
www.americanbankingnews.com - April 25 at 1:38 PM
|Silgan Holdings, Inc. breached its 50 day moving average in a Bullish Manner : SLGN-US : April 25, 2017|
finance.yahoo.com - April 25 at 9:48 AM
|Positive News Coverage Likely to Affect Silgan Holdings (SLGN) Share Price|
www.americanbankingnews.com - April 17 at 6:35 PM
|Silgan Holdings Inc. (SLGN) Upgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - April 17 at 1:00 PM
|Silgan Holdings Inc. (SLGN) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - April 17 at 9:56 AM
|Silgan Holdings Inc. (SLGN) Expected to Post Quarterly Sales of $793.98 Million|
www.americanbankingnews.com - April 16 at 7:44 AM
|Silgan Holdings Inc. (SLGN) Expected to Post Earnings of $0.53 Per Share|
www.americanbankingnews.com - April 14 at 10:18 PM
|Silgan Holdings (SLGN) Getting Favorable Press Coverage, Study Shows|
www.americanbankingnews.com - April 14 at 2:28 PM
|Blog Coverage WestRock Completed Divestment of its Home, Health, and Beauty Business to Silgan Holdings|
finance.yahoo.com - April 10 at 9:08 AM
|Silgan Completes Acquisition of Dispensing Systems Business|
finance.yahoo.com - April 8 at 11:30 AM
|Silgan Holdings Inc. (SLGN) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - April 6 at 1:40 PM
|Silgan Holdings' (SLGN) Buy Rating Reaffirmed at BMO Capital Markets|
www.americanbankingnews.com - March 31 at 9:35 AM
|Silgan Holdings Inc. (SLGN) Earns Buy Rating from BMO Capital Markets|
www.americanbankingnews.com - March 27 at 10:15 PM
|Silgan to Release First Quarter 2017 Earnings Results on April 26, 2017|
finance.yahoo.com - March 27 at 7:03 PM
|Silgan Announces Completion of Amended and Restated Senior Secured Credit Facility|
us.rd.yahoo.com - March 24 at 7:44 PM
|Silgan Holdings Inc. (SLGN) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - March 21 at 12:35 PM
|SILGAN HOLDINGS INC Financials|
finance.yahoo.com - March 7 at 7:42 PM
|Silgan Announces Partial Redemption of Its Outstanding 5% Senior Notes|
finance.yahoo.com - March 3 at 7:52 PM
|SILGAN HOLDINGS INC Files SEC form 8-K, Triggering Events That Accelerate or Increase a Direct Financial Obligation o|
biz.yahoo.com - March 3 at 7:52 PM
|SILGAN HOLDINGS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - March 2 at 7:58 PM
|8:31 am Silgan Holdings increases quarterly dividend to $0.18/share from $0.17/share|
us.rd.yahoo.com - March 2 at 1:12 AM
Silgan Holdings (SLGN) Chart for Wednesday, May, 24, 2017