NASDAQ:SLGN

Silgan - SLGN Stock Forecast, Price & News

$51.98

+1.48 (+2.93%)

(As of 03/20/2023 12:00 AM ET)

Add

Compare

Today's Range: $51.10
▼
$52.26
50-Day Range: $50.40
▼
$55.19
52-Week Range: $38.59
▼
$55.41

Volume: 341,756 shs
Average Volume: 359,475 shs
Market Capitalization: $5.72 billion

P/E Ratio: 16.99
Dividend Yield: 1.39%
Price Target: N/A

Silgan MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.40% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -5.07
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 7.39%
From $4.06 to $4.36 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Industrial Products Sector

61st out of 179 stocks

Metal Cans Industry

4th out of 6 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Silgan.

5.0

Short Interest

Percentage of Shares Shorted
1.40% of the float of Silgan has been sold short.
Short Interest Ratio / Days to Cover
Silgan has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Silgan has recently decreased by 9.38%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Silgan pays a meaningful dividend of 1.43%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Silgan has been increasing its dividend for 19 years.
Dividend Coverage
The dividend payout ratio of Silgan is 23.53%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Silgan will have a dividend payout ratio of 16.51% next year. This indicates that Silgan will be able to sustain or increase its dividend.

0.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Silgan has received a -67.59% net impact score from Upright. The largest negative impact of Silgan in category "GHG emissions" seems to be driven mostly by its "Aluminium containers", "Plastic pharmaceuticals blister packs", and "Plastic lids" products. See details.
Environmental Sustainability
The Environmental Impact score for Silgan is -5.07.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Silgan this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Silgan insiders have not sold or bought any company stock.
Percentage Held by Insiders
24.33% of the stock of Silgan is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
68.36% of the stock of Silgan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Silgan are expected to grow by 7.39% in the coming year, from $4.06 to $4.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Silgan is 16.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Silgan is 16.99, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 14.82.
Price to Earnings Growth Ratio
Silgan has a PEG Ratio of 2.49. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Silgan has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Silgan (NASDAQ:SLGN) Stock

Silgan Holdings, Inc. engages in the manufacture and sale of rigid packaging for consumer goods products. It operates through the following business segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers dispensing and specialty closures for food, beverage, health care, garden, home, personal care, fragrance, and beauty products. The Metal Containers segment provides steel and aluminum containers that are used primarily by processors and packagers for food products, such as pet food, vegetables, soup, proteins, tomato-based products, adult nutritional drinks, fruit and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Custom Containers segment manufactures custom designed and stock plastic containers for personal care and health care products, including containers for mouthwash, shampoos, conditioners, hand creams, lotions, liquid soap, respiratory and gastrointestinal products, cosmetics and toiletries, food and beverage products, including peanut butter, salad dressings, condiments, dairy products and liquor, household and industrial chemical

Receive SLGN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Silgan and its competitors with MarketBeat's FREE daily newsletter.

SLGN Stock News Headlines

March 19, 2023 | americanbankingnews.com

Silgan (NASDAQ:SLGN) Now Covered by StockNews.com

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive SLGN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Silgan and its competitors with MarketBeat's FREE daily newsletter.

SLGN Company Calendar

Last Earnings: 1/24/2023
Today: 3/21/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Metal cans
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:SLGN
CUSIP: N/A
CIK: 849869
Web: www.silganholdings.com
Phone: (203) 975-7110
Fax: 203-975-7902
Employees: 15,300
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.06
Trailing P/E Ratio: 16.99
Forward P/E Ratio: 12.80
P/E Growth: 2.49
Net Income: $340.85 million
Net Margins: 5.32%
Pretax Margin: 7.40%
Return on Equity: 26.48%
Return on Assets: 5.80%

Debt

Debt-to-Equity Ratio: 1.95
Current Ratio: 1.48
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $6.41 billion
Price / Sales: 0.89
Cash Flow: $6.64 per share
Price / Cash Flow: 7.83
Book Value: $15.61 per share
Price / Book: 3.33

Miscellaneous

Outstanding Shares: 110,080,000
Free Float: 83,297,000
Market Cap: $5.72 billion
Optionable: Optionable
Beta: 0.80

Key Executives

Adam J. Greenlee
President, Chief Executive Officer & Director

Robert B. Lewis
Chief Financial Officer & Executive Vice President

Frank W. Hogan
Secretary, Senior Vice President & General Counsel

Daniel P. Murphy
Controller & Vice President

Jay A. Martin
Vice President

Key Competitors

View All Competitors

SLGN Stock - Frequently Asked Questions

How have SLGN shares performed in 2023?: Silgan's stock was trading at $51.84 on January 1st, 2023. Since then, SLGN stock has increased by 0.3% and is now trading at $51.98.
View the best growth stocks for 2023 here.
How were Silgan's earnings last quarter?: Silgan Holdings Inc. (NASDAQ:SLGN) posted its quarterly earnings results on Tuesday, January, 24th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.03. The firm earned $1.46 billion during the quarter, compared to the consensus estimate of $1.55 billion. Silgan had a net margin of 5.32% and a trailing twelve-month return on equity of 26.48%.
Is Silgan a good dividend stock?: Silgan (NASDAQ:SLGN) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.43%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLGN will have a dividend payout ratio of 16.51% next year. This indicates that the company will be able to sustain or increase its dividend.
What is Thomas Snyder's approval rating as Silgan's CEO?: 67 employees have rated Silgan Chief Executive Officer Thomas Snyder on Glassdoor.com. Thomas Snyder has an approval rating of 50% among the company's employees. This puts Thomas Snyder in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Silgan own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Silgan investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), AbbVie (ABBV), Intel (INTC), QUALCOMM (QCOM), Monroe Capital (MRCC), Pfizer (PFE), Activision Blizzard (ATVI), Best Buy (BBY) and Xilinx (XLNX).

What is Silgan's stock symbol?: Silgan trades on the NASDAQ under the ticker symbol "SLGN."
How do I buy shares of Silgan?: Shares of SLGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Silgan's stock price today?: One share of SLGN stock can currently be purchased for approximately $51.98.
How much money does Silgan make?: Silgan (NASDAQ:SLGN) has a market capitalization of $5.72 billion and generates $6.41 billion in revenue each year. The company earns $340.85 million in net income (profit) each year or $3.06 on an earnings per share basis.
How many employees does Silgan have?: The company employs 15,300 workers across the globe.
How can I contact Silgan?: Silgan's mailing address is 4 LANDMARK SQUARE, STAMFORD CT, 06901. The official website for the company is www.silganholdings.com. The company can be reached via phone at (203) 975-7110, via email at silganir@silgan.com, or via fax at 203-975-7902.

This page (NASDAQ:SLGN) was last updated on 3/21/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Silgan - SLGN Stock Forecast, Price & News

Silgan MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Silgan (NASDAQ:SLGN) Stock

SLGN Stock News Headlines

SLGN Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

SLGN Stock - Frequently Asked Questions

Overall MarketRank^™