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

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$28.48 +0.15 (+0.53 %)
(As of 02/18/2019 02:21 PM ET)
Previous Close$28.33
Today's Range$27.01 - $28.77
52-Week Range$22.24 - $29.78
Volume520,434 shs
Average Volume509,006 shs
Market Capitalization$3.15 billion
P/E Ratio13.69
Dividend Yield1.41%
Beta0.83
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 soups, vegetables, fruit, meat, tomato based products, seafood, coffee, adult nutritional drinks, pet food, 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 for food and beverage products, such as juice drinks, ready-to-drink teas, sports drinks, dairy products, ketchup, salsa, pickles, tomato sauce, soup, cooking sauces, gravies, fruits, vegetables, preserves, baby food, and infant formula products. The Plastic Containers segment manufactures and sells custom designed and stock plastic containers for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive, and marine chemical products. This segment also offers plastic thermoformed barrier and non-barrier bowls and trays for food products, such as soups and other ready-to-eat meals, and pet food, as well as thermoformed plastic tubs for personal care and household 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$3.8486 per share
Book Value$7.97 per share

Profitability

Net Income$224 million

Miscellaneous

Employees12,400
Market Cap$3.15 billion
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 Friday, November 9th. Shareholders of record on Monday, December 3rd will be given a dividend of $0.10 per share on Monday, December 17th. This represents a $0.40 annualized dividend and a yield of 1.40%. The ex-dividend date is Friday, November 30th. View Silgan's Dividend History.

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

Silgan shares split on the morning of Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly issued shares were distributed 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 earnings results on Tuesday, January, 29th. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.02. The industrial products company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.02 billion. Silgan had a net margin of 5.03% and a return on equity of 26.82%. View Silgan's Earnings History.

When is Silgan's next earnings date?

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

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

Silgan updated its FY19 earnings guidance on Tuesday, January, 29th. The company provided earnings per share (EPS) guidance of 2.23-2.33 for the period, compared to the Thomson Reuters consensus estimate of $2.23. Silgan also updated its Q1 guidance to 0.43-0.48 EPS.

What price target have analysts set for SLGN?

10 analysts have issued twelve-month price objectives for Silgan's shares. Their predictions range from $25.00 to $33.00. On average, they expect Silgan's stock price to reach $28.80 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Silgan.

What is the consensus analysts' recommendation for Silgan?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silgan in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 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. According to Zacks Investment Research, "For 2018, Silgan Holdings slashed adjusted earnings per share guidance to $2.03-$2.08 which includes the unfavorable impact from a planned reduction in finished goods inventory in the metal-food container business. The mid-point of the range depicts year-over-year growth of 26%. 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, the company’s results will be impacted by lower volumes in food cans business and inflated freight and material costs. Moreover, the stock has underperformed the industry over the past year. Its estimates have been stable lately." (1/3/2019)
  • 2. KeyCorp analysts commented, "We are increasing our 2018 adjusted EPS estimate by the amount of the estimated operational beat, going from $2.06 to $2.11 (guidance remains $2.03-$2.13). We are going up by the same $0.05 for 2019, from $2.10 to $2.15 (consensus is $2.28). Our free cash flow estimates remain the same: $300 million in 2018 (in line with guidance) and $282 million in 2019. SLGN’s Plastic Containers business appears to be on more solid footing than in years past, though the business has had many fits and starts over the years." (4/25/2018)

Has Silgan been receiving favorable news coverage?

Media stories about SLGN stock have been trending somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Silgan earned a news sentiment score of 1.6 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Silgan's key competitors?

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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.27%), Dimensional Fund Advisors LP (1.97%), Deprince Race & Zollo Inc. (1.56%), Bank of New York Mellon Corp (1.01%), GW&K Investment Management LLC (0.99%) and Geode Capital Management LLC (0.74%). Company insiders that own Silgan stock include Adam J Greenlee, 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 institutional investors are selling Silgan stock?

SLGN stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Comerica Bank, First Trust Advisors LP, First Quadrant L P CA, Bank of New York Mellon Corp, BTIM Corp., Unigestion Holding SA and SG Americas Securities LLC. Company insiders that have sold Silgan company stock in the last year include Adam J Greenlee, Anthony P Andreacchi, B Frederik Prinzen, D Greg Horrigan, John W Alden, Robert B Lewis and Thomas James Snyder. View Insider Buying and Selling for Silgan.

Which institutional investors are buying Silgan stock?

SLGN stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Brandywine Global Investment Management LLC, Segall Bryant & Hamill LLC, WINTON GROUP Ltd, LSV Asset Management, GW&K Investment Management LLC, BlackRock Inc. and Mcclain Value 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 $28.48.

How big of a company is Silgan?

Silgan has a market capitalization of $3.15 billion and generates $4.45 billion in revenue each year. The industrial products company earns $224 million in net income (profit) each year or $2.08 on an earnings per share basis. Silgan employs 12,400 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:  1.6 out of 5 (star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  460 (Vote Underperform)
Total Votes:  682
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 2/18/2019 by MarketBeat.com Staff

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