Sealed Air Corporation Company Profile (NYSE:SEE)

Sealed Air Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEE."

Sealed Air Corporation declared a quarterly dividend on Friday, July 7th. Investors of record on Friday, September 1st will be given a dividend of $0.16 per share on Friday, September 15th. This represents a $0.64 annualized dividend and a dividend yield of 1.42%. The ex-dividend date is Wednesday, August 30th. View Sealed Air Corporation's Dividend History.

Sealed Air Corporation declared that its board has initiated a share repurchase plan on Wednesday, April 12th 2017, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 17.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Sealed Air Corporation (NYSE:SEE) released its quarterly earnings results on Tuesday, May, 9th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.03. The firm earned $1.03 billion during the quarter, compared to analysts' expectations of $1.58 billion. Sealed Air Corporation had a return on equity of 85.72% and a net margin of 5.48%. Sealed Air Corporation's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.50 EPS. View Sealed Air Corporation's Earnings History.

10 brokers have issued 1-year target prices for Sealed Air Corporation's stock. Their predictions range from $40.00 to $55.00. On average, they expect Sealed Air Corporation's stock price to reach $48.56 in the next twelve months. View Analyst Ratings for Sealed Air Corporation.

Here are some recent quotes from research analysts about Sealed Air Corporation stock:

• 1. According to Zacks Investment Research, "For 2017, Sealed Air expects sales of $4.3 billion reflecting an expected 3% constant dollar sales growth in Food Care and 3–4% constant dollar sales growth in Product Care. In 2017, volume growth will be partially offset by higher raw material costs, a higher mix of eCommerce and fulfillment sales, along with the impact of functional support and related expenses, EPS is likely to be around $1.70 per share for 2017 due to the dilutive impact of the Diversey sale. Further, the company’s shares have underperformed the Zacks categorized sub industry year to date. However, Sealed Air’s top-line will be supported by enhanced demand for its core product portfolio, recently-introduced innovations, and accelerated growth in the global protein market along with the eCommerce sector. It will also benefit from the divestiture of its Diversey business. Its estimates have gone up in the past few days." (7/19/2017)
• 2. KeyCorp analysts commented, "We are reducing our 1Q17 adj. EBITDA estimate from $249 million to $245 million (up 1% YOY) and our 2017 estimate from $1.175 billion to $1.173 billion (guidance is ~$1.18 billion). Industrial market weakness plagued SEE throughout 2016, and the global market doesn’t appear to be improving so far in 2017, at least according to SEE. In addition, SEE is dealing with FX translation drags, the short-term impact of the pending expiration of its agreement with SC Johnson, and higher resin prices. Consequently, the Company commented yesterday that its adj. EBITDA could be flat in 1Q17, and we are reducing our estimate accordingly." (2/24/2017)

Some companies that are related to Sealed Air Corporation include Ball Corporation (BLL), Avery Dennison Corporation (AVY), Crown Holdings (CCK), Ardagh Group S.A. (ARD), Sonoco Products Company (SON), Bemis Company (BMS), Silgan Holdings (SLGN), Greif Bros. Corporation (GEF), TriMas Corp (TRS) and Multi Packaging Solutions Intrntnl Ltd (MPSX).

Sealed Air Corporation's management team includes the folowing people:

• William J. Marino, Independent Chairman of the Board
• Jerome A. Peribere, President, Chief Executive Officer, Director
• Carol P. Lowe, Chief Financial Officer, Senior Vice President
• Emile Z. Chammas, Senior Vice President
• Karl R. Deily, Senior Vice President
• Ilham Kadri, Senior Vice President
• William G. Stiehl, Chief Accounting Officer, Controller
• Kenneth P. Chrisman, Vice President
• Michael Chu, Independent Director
• Lawrence R. Codey, Independent Director

Sealed Air Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Manning & Napier Advisors LLC (1.28%), APG Asset Management N.V. (0.30%), LS Investment Advisors LLC (0.13%), Public Employees Retirement Association of Colorado (0.11%), Baldwin Brothers Inc. MA (0.10%) and Chevy Chase Trust Holdings Inc. (0.09%). Company insiders that own Sealed Air Corporation stock include Emile Z Chammas, Jerome A Peribere, Kenneth P Manning, Lawrence R Codey, Ruth Roper and William G Stiehl. View Institutional Ownership Trends for Sealed Air Corporation.

Sealed Air Corporation's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Huntington National Bank, BB&T Corp, Exxonmobil Investment Management Inc. TX, DnB Asset Management AS, Charter Trust Co., Sumitomo Mitsui Asset Management Company LTD and Hartford Investment Management Co.. Company insiders that have sold Sealed Air Corporation stock in the last year include Lawrence R Codey and William G Stiehl. View Insider Buying and Selling for Sealed Air Corporation.

Sealed Air Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, APG Asset Management N.V., Miller Howard Investments Inc. NY, Acadian Asset Management LLC, Mn Services Vermogensbeheer B.V., Aperio Group LLC, Municipal Employees Retirement System of Michigan and Baldwin Brothers Inc. MA. Company insiders that have bought Sealed Air Corporation stock in the last two years include Emile Z Chammas, Jerome A Peribere and Kenneth P Manning. View Insider Buying and Selling for Sealed Air Corporation.

Shares of Sealed Air Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Sealed Air Corporation stock can currently be purchased for approximately $45.06.