Silgan Holdings Company Profile (NASDAQ:SLGN)

About Silgan Holdings (NASDAQ:SLGN)

Silgan Holdings logoSilgan 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: Non-Paper Containers & Packaging
  • Sub-Industry: Metal & Glass Containers
  • Symbol: NASDAQ:SLGN
  • CUSIP: 82704810
  • Web:
  • Market Cap: $3.15 billion
  • Outstanding Shares: 110,315,000
Average Prices:
  • 50 Day Moving Avg: $29.28
  • 200 Day Moving Avg: $30.47
  • 52 Week Range: $24.36 - $32.50
  • Trailing P/E Ratio: 22.68
  • Foreward P/E Ratio: 14.94
  • P/E Growth: 1.26
Sales & Book Value:
  • Annual Revenue: $3.77 billion
  • Price / Sales: 0.83
  • Book Value: $4.92 per share
  • Price / Book: 5.80
  • Annual Dividend: $0.36
  • Dividend Yield: 1.2%
  • EBITDA: $470.07 million
  • Net Margins: 3.83%
  • Return on Equity: 31.19%
  • Return on Assets: 4.63%
  • Debt-to-Equity Ratio: 4.50%
  • Current Ratio: 1.23%
  • Quick Ratio: 0.58%
  • Average Volume: 525,962 shs.
  • Beta: 0.53
  • Short Ratio: 6.45

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 Wednesday, August 9th. Investors of record on Friday, September 1st will be paid a dividend of $0.09 per share on Friday, September 15th. This represents a $0.36 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Wednesday, August 30th. View Silgan Holdings' Dividend History.

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

Shares of Silgan Holdings split before market open on 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 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) announced its quarterly earnings data on Wednesday, July, 26th. The company reported $0.35 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.35. The business earned $1.02 billion during the quarter, compared to analysts' expectations of $1.03 billion. Silgan Holdings had a net margin of 3.83% and a return on equity of 31.19%. Silgan Holdings's revenue for the quarter was up 16.8% on a year-over-year basis. During the same period last year, the business posted $0.60 earnings per share. View Silgan Holdings' Earnings History.

When will Silgan Holdings make its next earnings announcement?

Silgan Holdings is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Silgan Holdings.

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

Silgan Holdings issued an update on its FY17 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.66. Silgan Holdings also updated its Q3 guidance to $0.64-0.71 EPS.

Where is Silgan Holdings' stock going? Where will Silgan Holdings' stock price be in 2017?

8 equities research analysts have issued 1 year price objectives for Silgan Holdings' stock. Their forecasts range from $30.00 to $35.00. On average, they expect Silgan Holdings' share price to reach $32.00 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. According to Zacks Investment Research, "Silgan's adjusted earnings per share (EPS) guidance for 2017 in the range of $1.60–$1.70 reflects year-over-year growth of around 20% at the midpoint. It forecasta free cash flow to be about $220 million for the full year. For the third quarter, the company guides adjusted EPS in the range of 64–71 cents. The stock underperformed the industry year-to-date. Increase in debt and unfavorable foreign currency translation will likely hurt the company’s results." (10/17/2017)
  • 2. 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)

Who are some of Silgan Holdings' key competitors?

Who are Silgan Holdings' key executives?

Silgan Holdings' management team includes the folowing people:

  • Anthony J. Allott, President, Chief Executive Officer, Director
  • Robert B. Lewis, Chief Financial Officer, Executive Vice President
  • Thomas J. Snyder, President - Silgan Containers
  • Adam J. Greenlee, Chief Operating Officer, Executive Vice President
  • Frank W. Hogan III, Senior Vice President, General Counsel, Secretary
  • B Frederick Prinzen, Senior Vice President - Corporate Development
  • Kimberly I. Ulmer, Vice President, Controller
  • Anthony P. Andreacchi, Vice President - Tax
  • D. Greg Horrigan, Non-Executive Co-Chairman of the Board
  • R. Philip Silver, Non-Executive Co-Chairman of the Board

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.

What is Silgan Holdings' stock price today?

One share of Silgan Holdings stock can currently be purchased for approximately $28.53.

MarketBeat Community Rating for Silgan Holdings (NASDAQ SLGN)
Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  428
MarketBeat's community ratings are surveys of what our community members think about Silgan Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Silgan Holdings (NASDAQ:SLGN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $32.00 (12.16% upside)
Consensus Price Target History for Silgan Holdings (NASDAQ:SLGN)
Price Target History for Silgan Holdings (NASDAQ:SLGN)
Analysts' Ratings History for Silgan Holdings (NASDAQ:SLGN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/9/2017Royal Bank Of CanadaInitiated CoverageSector Perform -> Sector Perform$30.00N/AView Rating Details
9/18/2017BMO Capital MarketsReiterated RatingBuy$34.00LowView Rating Details
7/27/2017Bank of America CorporationDowngradeBuy -> Neutral$35.00HighView Rating Details
7/19/2017Robert W. BairdDowngradeOutperform -> Neutral$35.00LowView Rating Details
7/13/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$30.00HighView Rating Details
6/5/2017Deutsche Bank AGReiterated RatingHold$60.00 -> $30.00LowView Rating Details
5/1/2017Barclays PLCBoost Price TargetEqual Weight$27.50 -> $30.00LowView Rating Details
9/13/2016J P Morgan Chase & CoInitiated CoverageNeutral$25.50N/AView Rating Details
8/2/2016Citigroup Inc.Lower Price TargetNeutral$27.50 -> $27.00N/AView Rating Details
7/28/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
11/10/2015MacquarieInitiated CoverageNeutral$25.00N/AView Rating Details
(Data available from 10/20/2015 forward)


Earnings History for Silgan Holdings (NASDAQ:SLGN)
Earnings by Quarter for Silgan Holdings (NASDAQ:SLGN)
Earnings History by Quarter for Silgan Holdings (NASDAQ SLGN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.67N/AView Earnings Details
7/26/2017Q2 2017$0.35$0.35$1.03 billion$1.02 billionViewN/AView Earnings Details
4/26/2017Q1 2017$0.27$0.31$795.58 million$805.40 millionViewN/AView Earnings Details
1/31/2017Q416$0.24$0.24$814.52 million$805.90 millionViewN/AView Earnings Details
10/26/2016Q316$0.63$0.62$1.18 billion$1.14 billionViewN/AView Earnings Details
7/27/2016Q216$0.28$0.30$895.15 million$874.60 millionViewN/AView Earnings Details
4/27/2016Q116$0.20$0.23$801.75 million$792.70 millionViewN/AView Earnings Details
2/2/2016Q415$0.21$0.24$881.69 million$829.60 millionViewN/AView Earnings Details
10/21/2015Q315$0.70$0.63$1.20 billion$1.20 billionViewN/AView Earnings Details
7/22/2015Q215$0.35$0.36$882.39 million$914.20 millionViewN/AView Earnings Details
4/29/2015Q115$0.28$0.27$844.23 million$816.60 millionViewN/AView Earnings Details
2/3/2015Q414$0.29$0.29$892.44 million$910.20 millionViewN/AView Earnings Details
10/22/2014Q314$0.67$0.67$1.24 billion$1.23 billionViewN/AView Earnings Details
7/23/2014Q214$0.34$0.37$934.11 million$917.30 millionViewN/AView Earnings Details
4/30/2014Q114$0.26$0.27$850.90 million$855.80 millionViewN/AView Earnings Details
1/27/2014Q413$0.25$0.23$885.07 million$864.80 millionViewN/AView Earnings Details
10/23/2013Q313$0.66$0.61$1.19 billion$1.17 billionViewN/AView Earnings Details
7/24/2013Q2 2013$0.33$0.33$865.56 million$880.00 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.24$0.23$812.61 million$795.70 millionViewN/AView Earnings Details
1/29/2013Q4 2012$0.24$0.24$860.33 million$858.80 millionViewN/AView Earnings Details
10/24/2012$0.59$0.59ViewN/AView Earnings Details
7/25/2012$0.29$0.28ViewN/AView Earnings Details
4/26/2012$0.23$0.25ViewN/AView Earnings Details
1/31/2012$0.27$0.28ViewN/AView Earnings Details
10/26/2011$0.56$0.56ViewN/AView Earnings Details
7/27/2011$0.27$0.27ViewN/AView Earnings Details
5/4/2011$0.20$0.21ViewN/AView Earnings Details
2/1/2011$0.20$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Silgan Holdings (NASDAQ:SLGN)
2017 EPS Consensus Estimate: $2.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.53$0.53$0.53
Q2 20171$0.70$0.70$0.70
Q3 20171$0.68$0.68$0.68
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)


Current Dividend Information for Silgan Holdings (NASDAQ:SLGN)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.36
Dividend Yield:1.26%
Dividend Growth:6.70% (3 Year Average)
Payout Ratio:29.03% (Trailing 12 Months of Earnings)
21.82% (Based on This Year's Estimates)
18.85% (Based on Next Year's Estimates)
Track Record:13 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Silgan Holdings (NASDAQ:SLGN)

Dividend History by Quarter for Silgan Holdings (NASDAQ SLGN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Silgan Holdings (NASDAQ:SLGN)
Insider Ownership Percentage: 33.10%
Institutional Ownership Percentage: 66.96%
Insider Trades by Quarter for Silgan Holdings (NASDAQ:SLGN)
Institutional Ownership by Quarter for Silgan Holdings (NASDAQ:SLGN)
Insider Trades by Quarter for Silgan Holdings (NASDAQ:SLGN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2017Anthony P. AndreacchiVPSell2,192$30.18$66,154.56View SEC Filing  
8/22/2017Robert B. LewisVPSell7,000$29.70$207,900.00View SEC Filing  
8/14/2017Thomas James SnyderInsiderSell10,506$30.78$323,374.68View SEC Filing  
5/19/2017Adam J. GreenleeVPSell5,643$61.56$347,383.08View SEC Filing  
5/11/2017B Frederik PrinzenVPSell3,204$62.28$199,545.12View SEC Filing  
11/23/2016Adam J. GreenleeVPSell4,417$50.03$220,982.51View SEC Filing  
11/22/2016Anthony J. AllottInsiderSell33,875$50.75$1,719,156.25View SEC Filing  
11/22/2016D Greg HorriganDirectorSell434,374$50.75$22,044,480.50View SEC Filing  
8/30/2016Anthony P. AndreacchiVPSell1,221$48.48$59,194.08View SEC Filing  
8/18/2016B Frederik PrinzenVPSell1,000$48.05$48,050.00View SEC Filing  
5/25/2016Anthony P AndreacchiVPSell600$50.72$30,432.00View SEC Filing  
5/11/2016B Frederik PrinzenVPSell1,200$51.57$61,884.00View SEC Filing  
5/6/2016Thomas James SnyderInsiderSell4,367$50.55$220,751.85View SEC Filing  
5/7/2015B Frederik PrinzenVPSell2,271$54.22$123,133.62View SEC Filing  
3/17/2015Adam J GreenleeCOOSell18,372$58.50$1,074,762.00View SEC Filing  
3/17/2015Anthony J AllottCEOSell50,000$58.50$2,925,000.00View SEC Filing  
3/17/2015Frank W Hogan IIIVPSell2,938$58.50$171,873.00View SEC Filing  
3/17/2015Robert B LewisCFOSell29,849$58.50$1,746,166.50View SEC Filing  
8/26/2014Adam J GreenleeCOOSell39,328$50.02$1,967,186.56View SEC Filing  
5/16/2014Thomas James SnyderInsiderSell3,793$48.38$183,505.34View SEC Filing  
5/13/2014B Frederik PrinzenVPSell1,339$49.26$65,959.14View SEC Filing  
5/5/2014Adam GreenleeCOOSell5,538$49.19$272,414.22View SEC Filing  
11/14/2013Robert LewisCFOSell35,000$45.11$1,578,850.00View SEC Filing  
8/22/2013B Frederik PrinzenVPSell2,638$48.25$127,283.50View SEC Filing  
5/17/2013Anthony P AndreacchiVPSell1,250$48.62$60,775.00View SEC Filing  
11/1/2012Thomas James SnyderInsiderSell6,937$44.07$305,713.59View SEC Filing  
8/10/2012Frederik B PrinzenVPSell2,682$40.50$108,621.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Silgan Holdings (NASDAQ:SLGN)
Latest Headlines for Silgan Holdings (NASDAQ:SLGN)
DateHeadline logoSilgan Holdings Inc. (SLGN) to Release Earnings on Wednesday - October 18 at 2:38 AM logoZacks Investment Research Downgrades Silgan Holdings Inc. (SLGN) to Sell - October 17 at 12:56 PM logoSilgan Holdings Inc. (SLGN) Given Hold Rating at KeyCorp - October 13 at 12:32 AM logoSilgan Holdings Inc. (SLGN) Given Average Rating of "Hold" by Brokerages - October 11 at 8:48 AM logoSilgan Holdings Inc. (SLGN) Earns Sector Perform Rating from Analysts at Royal Bank Of Canada - October 9 at 9:32 PM logoSilgan to Release Third Quarter 2017 Earnings Results on October 25, 2017 - September 26 at 4:58 PM logoComparing Greif Bros. Corporation (GEF) and Silgan Holdings (SLGN) - September 25 at 8:30 PM logoSilgan Holdings, Inc. : SLGN-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017 - September 23 at 7:00 AM logoIs There Now An Opportunity In Silgan Holdings Inc (SLGN)? - September 20 at 9:04 AM logoSilgan Holdings Inc. (SLGN) Receives Consensus Recommendation of "Hold" from Analysts - September 16 at 8:40 AM logoSilgan Holdings Inc. (SLGN) Expected to Post Quarterly Sales of $1.29 Billion - September 14 at 9:51 AM logoSilgan Holdings Inc. (SLGN) VP Sells $66,154.56 in Stock - September 1 at 4:40 PM logoSilgan Holdings (SLGN) Down 6.2% Since Earnings Report: Can It Rebound? - August 29 at 7:55 AM logo Brokerages Anticipate Silgan Holdings Inc. (SLGN) Will Post Earnings of $0.69 Per Share - August 28 at 6:16 PM logoSilgan Holdings Inc. (SLGN) Stock Rating Reaffirmed by KeyCorp - August 27 at 12:32 PM logoSilgan Holdings Inc. (SLGN) VP Sells $207,900.00 in Stock - August 23 at 8:02 PM logoSilgan Holdings Inc. (SLGN) Receives Consensus Recommendation of "Hold" from Brokerages - August 22 at 8:34 AM logoSilgan Holdings Inc. (SLGN) Insider Sells $323,374.68 in Stock - August 16 at 8:28 PM logoSee what the IHS Markit Score report has to say about Silgan Holdings Inc. - August 15 at 7:04 AM logo$1.29 Billion in Sales Expected for Silgan Holdings Inc. (NASDAQ:SLGN) This Quarter - August 12 at 2:18 PM logo Analysts Anticipate Silgan Holdings Inc. (SLGN) to Post $0.69 Earnings Per Share - August 10 at 2:16 PM logoSilgan Holdings Inc. Announces Quarterly Dividend of $0.09 (NASDAQ:SLGN) - August 9 at 6:07 PM logoSilgan Holdings declares $0.09 dividend - August 8 at 5:16 PM logoSilgan Holdings, Inc. – Value Analysis (NASDAQ:SLGN) : July 31, 2017 - July 31 at 8:40 PM logoKeyCorp Comments on Silgan Holdings Inc.'s Q3 2017 Earnings (SLGN) - July 31 at 7:30 AM logoSilgan Holdings Inc. (NASDAQ:SLGN) Forecasted to Post Q4 2017 Earnings of $0.30 Per Share - July 28 at 3:33 PM logoSilgan Holdings (NASDAQ:SLGN) & Bemis (BMS) Head to Head Analysis - July 28 at 12:33 PM logoSilgan Holdings Inc. (SLGN) Receives Average Recommendation of "Hold" from Analysts - July 28 at 8:29 AM logoSilgan Holdings, Inc. breached its 50 day moving average in a Bearish Manner : SLGN-US : July 27, 2017 - July 28 at 7:59 AM logoEdited Transcript of SLGN earnings conference call or presentation 26-Jul-17 3:00pm GMT - July 27 at 7:28 AM logoSilgan Holdings Inc. (NASDAQ:SLGN) Releases Quarterly Earnings Results, Hits Expectations - July 26 at 11:40 AM logoSilgan Holdings Inc. (NASDAQ:SLGN) Updates Q3 Earnings Guidance - July 26 at 10:38 AM logoSilgan Holdings Inc. (SLGN) Updates FY17 Earnings Guidance - July 26 at 10:38 AM logoSilgan Announces Second Quarter Earnings; Confirms Full Year Estimate - July 26 at 7:55 AM logoSilgan meets 2Q profit forecasts - July 26 at 7:55 AM logoSilgan Holdings Inc. (NASDAQ:SLGN) Expected to Announce Quarterly Sales of $1.03 Billion - July 23 at 11:24 AM logoSilgan Holdings Inc. (NASDAQ:SLGN) Expected to Announce Earnings of $0.35 Per Share - July 21 at 9:52 AM logoSilgan Holdings (NASDAQ:SLGN) versus Multi Packaging Solutions Intrntnl (MPSX) Financial Survey - July 20 at 10:17 PM logoSilgan Holdings Inc. (NASDAQ:SLGN) Stock Rating Lowered by Goldman Sachs Group, Inc. (The) - July 16 at 7:02 PM logoSilgan Holdings, Inc. breached its 50 day moving average in a Bearish Manner : SLGN-US : July 14, 2017 - July 15 at 8:41 AM logoSilgan Holdings, Inc. breached its 50 day moving average in a Bearish Manner : SLGN-US : July 14, 2017 - July 15 at 8:41 AM logoSilgan Holdings Inc. (NASDAQ:SLGN) Given "Buy" Rating at BMO Capital Markets - July 9 at 7:30 AM logoHow These Packaging and Containers Stocks are Performing? -- Silgan, Crown, Packaging Corp., and Sonoco Products - July 5 at 10:43 AM logoSilgan Holdings (NASDAQ:SLGN) versus TriMas Corp (TRS) Head to Head Comparison - July 3 at 8:30 PM logoSilgan Holdings Inc. (NASDAQ:SLGN) Given Consensus Recommendation of "Hold" by Brokerages - July 3 at 10:59 AM logoComparing Silgan Holdings (NASDAQ:SLGN) & Avery Dennison Corporation (AVY) - July 2 at 4:34 PM logoReminder - Silgan Holdings (SLGN) Goes Ex-Dividend Soon - May 27 at 5:01 AM logoSilgan Holdings (SLGN) Announces 2-for1 Stock Split; Declares Dividend - May 4 at 8:11 PM logoSilgan (SLGN) Tops Q1 Earnings, Revenues, Lifts '17 EPS View - May 3 at 6:02 PM logoWestRock's (WRK) Q2 Earnings, Revenues Beat Estimates - April 26 at 3:46 PM



Silgan Holdings (SLGN) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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