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

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$25.27 +0.22 (+0.88 %)
(As of 12/12/2018 12:36 PM ET)
Previous Close$25.05
Today's Range$25.04 - $25.36
52-Week Range$23.14 - $31.05
Volume9,938 shs
Average Volume498,829 shs
Market Capitalization$2.82 billion
P/E Ratio15.31
Dividend Yield1.57%
Beta0.69
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

Stock Exchange NASDAQ
Industry Metal cans
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
Current SymbolNASDAQ:SLGN
Previous Symbol
CUSIP82704810
Phone203-975-7110

Debt

Debt-to-Equity Ratio2.40
Current Ratio1.17
Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio15.31
Forward P/E Ratio12.33
P/E Growth1.2

Sales & Book Value

Annual Sales$4.09 billion
Price / Sales0.68
Cash Flow$3.2523 per share
Price / Cash Flow7.77
Book Value$6.94 per share
Price / Book3.64

Profitability

EPS (Most Recent Fiscal Year)$1.65
Net Income$269.65 million
Net Margins7.59%
Return on Equity26.91%
Return on Assets4.56%

Miscellaneous

Employees12,400
Outstanding Shares110,620,000
Market Cap$2.82 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 announced a quarterly dividend on Friday, November 9th. Investors of record on Monday, December 3rd will be paid a dividend of $0.10 per share on Monday, December 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.58%. 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's stock split on the morning of Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly created 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) posted its quarterly earnings data on Wednesday, October, 24th. The industrial products company reported $0.76 EPS for the quarter, hitting the Zacks' consensus estimate of $0.76. The industrial products company earned $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. Silgan had a net margin of 7.59% and a return on equity of 26.91%. The business's revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company posted $0.66 earnings per share. View Silgan's Earnings History.

When is Silgan's next earnings date?

Silgan is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Silgan.

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

Silgan updated its FY 2018 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $2.03-2.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.08. Silgan also updated its Q4 guidance to $0.34-0.39 EPS.

What price target have analysts set for SLGN?

12 equities research analysts have issued 1 year target prices for Silgan's shares. Their predictions range from $25.00 to $33.00. On average, they anticipate Silgan's share price to reach $29.1818 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for Silgan.

What is the consensus analysts' recommendation for Silgan?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silgan in the last year. There are currently 3 sell ratings, 5 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, "Silgan Holdings expects its adjusted EPS for 2018 to be $2.03-$2.13. Silgan Holdings’ results will be impacted by lower volumes. Its margin performance in second-half 2018 will be impacted by increased spending at the Fort Smith plant. Recent tariff on steel and aluminum prices and raw material cost inflation will hurt its margin performance. Its estimates have been going down over the past 90 days. Moreover, the stock has underperformed the industry over the past year." (10/11/2018)
  • 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 headlines about SLGN stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog 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 media sentiment score of 2.3 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company'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 54)
  • Mr. Robert B. Lewis, Exec. VP & CFO (Age 54)
  • Mr. Adam J. Greenlee, Exec. VP & COO (Age 44)
  • Mr. Frank W. Hogan III, Sr. VP, Gen. Counsel and Sec. (Age 57)
  • Mr. Thomas J. Snyder, Pres of Silgan Containers (Age 51)

Who are Silgan's major shareholders?

Silgan's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (10.12%), Vanguard Group Inc. (7.13%), JPMorgan Chase & Co. (7.12%), BlackRock Inc. (6.16%), Wells Fargo & Company MN (1.96%) and Dimensional Fund Advisors LP (1.93%). 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 major investors are selling Silgan stock?

SLGN stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., Renaissance Technologies LLC, Citadel Advisors LLC, Allianz Asset Management GmbH, William Blair Investment Management LLC, TIAA CREF Investment Management LLC and Unigestion Holding SA. 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 major investors are buying Silgan stock?

SLGN stock was purchased by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Walthausen & Co. LLC, WINTON GROUP Ltd, BlackRock Inc., First Trust Advisors LP, JPMorgan Chase & Co., Morgan Stanley and Nordea Investment Management AB. 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 $25.29.

How big of a company is Silgan?

Silgan has a market capitalization of $2.82 billion and generates $4.09 billion in revenue each year. The industrial products company earns $269.65 million in net income (profit) each year or $1.65 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:  212 (Vote Outperform)
Underperform Votes:  443 (Vote Underperform)
Total Votes:  655
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 12/12/2018 by MarketBeat.com Staff

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