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NASDAQ:SLGNSilgan Stock Price, Forecast & News

$32.38
0.00 (0.00 %)
(As of 05/25/2020 09:40 AM ET)
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Today's Range
$31.86
Now: $32.38
$32.52
50-Day Range
$28.79
MA: $32.63
$35.41
52-Week Range
$24.65
Now: $32.38
$35.94
Volume542,764 shs
Average Volume732,689 shs
Market Capitalization$3.59 billion
P/E Ratio17.60
Dividend Yield1.48%
Beta0.7
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 1.8Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.28 out of 5 stars


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$4.49 billion
Cash Flow$4.07 per share
Book Value$9.24 per share

Profitability

Net Income$193.81 million

Miscellaneous

Employees13,100
Market Cap$3.59 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Silgan (NASDAQ:SLGN) Frequently Asked Questions

How has Silgan's stock been impacted by COVID-19 (Coronavirus)?

Silgan's stock was trading at $27.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SLGN stock has increased by 17.5% and is now trading at $32.38. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Silgan?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silgan in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Silgan.

When is Silgan's next earnings date?

Silgan is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Silgan.

How were Silgan's earnings last quarter?

Silgan Holdings Inc. (NASDAQ:SLGN) released its earnings results on Wednesday, April, 22nd. The industrial products company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.07. The industrial products company had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.02 billion. Silgan had a net margin of 4.56% and a return on equity of 25.52%. The company's revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 earnings per share. View Silgan's earnings history.

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

Silgan declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, June 1st will be given a dividend of $0.12 per share on Monday, June 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.48%. The ex-dividend date is Friday, May 29th. View Silgan's dividend history.

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

Silgan's stock split before market open on Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly minted shares were issued 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.

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

Silgan issued an update on its FY20 earnings guidance on Wednesday, April, 22nd. The company provided EPS guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.39.

What price target have analysts set for SLGN?

6 brokers have issued 1 year price objectives for Silgan's stock. Their forecasts range from $34.00 to $41.00. On average, they anticipate Silgan's share price to reach $37.00 in the next year. This suggests a possible upside of 14.3% from the stock's current price. View analysts' price targets for Silgan.

Has Silgan been receiving favorable news coverage?

News coverage about SLGN stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Silgan earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutSilgan.

Are investors shorting Silgan?

Silgan saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,470,000 shares, an increase of 24.7% from the April 30th total of 1,980,000 shares. Based on an average trading volume of 721,800 shares, the short-interest ratio is presently 3.4 days. Currently, 3.2% of the company's shares are sold short. View Silgan's Current Options Chain.

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), AbbVie (ABBV), Intel (INTC), Gilead Sciences (GILD), Helmerich & Payne (HP), Square (SQ), AT&T (T), Verizon Communications (VZ), Westrock (WRK) and Activision Blizzard (ATVI).

Who are Silgan's key executives?

Silgan's management team includes the following 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)

What is Silgan's stock symbol?

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

Who are Silgan's major shareholders?

Silgan's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.31%), JPMorgan Chase & Co. (5.30%), Wellington Management Group LLP (3.89%), Wells Fargo & Company MN (2.86%), State Street Corp (1.82%) and Victory Capital Management Inc. (1.69%). Company insiders that own Silgan stock include Adam J Greenlee, Anthony J Allott, Anthony P Andreacchi, B Frederik Prinzen, 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 JPMorgan Chase & Co., Victory Capital Management Inc., Victory Capital Management Inc., Russell Investments Group Ltd., Boston Trust Walden Corp, Boston Trust Walden Corp, BlackRock Inc., and AQR Capital Management LLC. Company insiders that have sold Silgan company stock in the last year include B Frederik Prinzen, John W Alden, Robert B Lewis, and Thomas James Snyder. View insider buying and selling activity for Silgan.

Which institutional investors are buying Silgan stock?

SLGN stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Massachusetts Financial Services Co. MA, Wells Fargo & Company MN, Robeco Institutional Asset Management B.V., AJO LP, Acadian Asset Management LLC, Parametric Portfolio Associates LLC, and Ziegler Capital 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Silgan's stock price today?

One share of SLGN stock can currently be purchased for approximately $32.38.

How big of a company is Silgan?

Silgan has a market capitalization of $3.59 billion and generates $4.49 billion in revenue each year. The industrial products company earns $193.81 million in net income (profit) each year or $2.16 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 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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