Sealed Air - SEE Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sealed Air in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SEE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SEE, but not buy additional shares or sell existing shares.
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11 Wall Street analysts have issued 1 year price targets for Sealed Air's stock. Their SEE share price forecasts range from $43.00 to $75.00. On average, they expect the company's stock price to reach $60.45 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
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Sealed Air's stock was trading at $67.47 at the start of the year. Since then, SEE shares have decreased by 20.7% and is now trading at $53.51.
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Sealed Air saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 2,390,000 shares, a decline of 17.3% from the October 15th total of 2,890,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the short-interest ratio is currently 2.2 days. Currently, 1.7% of the company's shares are short sold.
View Sealed Air's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our SEE earnings forecast.

Sealed Air Co. (NYSE:SEE) released its quarterly earnings results on Tuesday, November, 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.07. The industrial products company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.47 billion. Sealed Air had a net margin of 10.02% and a trailing twelve-month return on equity of 292.98%.

Sealed Air announced a quarterly dividend on Tuesday, October 18th. Investors of record on Friday, December 2nd will be given a dividend of $0.20 per share on Friday, December 16th. This represents a $0.80 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Thursday, December 1st.
Read our dividend analysis for SEE.

Sealed Air (NYSE:SEE) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SEE will have a dividend payout ratio of 19.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SEE.

Sealed Air issued an update on its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $4.05-$4.15 for the period, compared to the consensus estimate of $4.08. The company issued revenue guidance of $5.65 billion-$5.75 billion, compared to the consensus revenue estimate of $5.84 billion.

66 employees have rated Sealed Air Chief Executive Officer Ted Doheny on Glassdoor.com. Ted Doheny has an approval rating of 53% among the company's employees. This puts Ted Doheny in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sealed Air investors own include Raytheon Technologies (RTX), NVIDIA (NVDA), Boeing (BA), CVS Health (CVS), Pfizer (PFE), Schlumberger (SLB), AT&T (T), Walt Disney (DIS), Abbott Laboratories (ABT) and Bristol-Myers Squibb (BMY).

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

Sealed Air's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.94%), Vanguard Group Inc. (11.46%), State Street Corp (4.49%), Price T Rowe Associates Inc. MD (1.66%), Victory Capital Management Inc. (1.11%) and Nuveen Asset Management LLC (1.06%). Insiders that own company stock include Edward L Doheny II, Emile Z Chammas, Henry R Keizer, James M Sullivan, Jerry R Whitaker, Karl R Deily, Neil Lustig, Patrick Duff, Sergio A Pupkin and Zubaid Ahmad.
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Shares of SEE 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.
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One share of SEE stock can currently be purchased for approximately $53.51.

Sealed Air (NYSE:SEE) has a market capitalization of $7.74 billion and generates $5.53 billion in revenue each year. The industrial products company earns $506.80 million in net income (profit) each year or $3.89 on an earnings per share basis.

The company employs 16,500 workers across the globe.

Sealed Air's mailing address is 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC, 28208. The official website for the company is www.sealedair.com. The industrial products company can be reached via phone at (980) 221-3235, via email at investor.relations@sealedair.com, or via fax at 201-703-4205.