S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
NYSE:SLGN

Silgan (SLGN) Stock Price, News & Analysis

$43.72
-0.19 (-0.43%)
(As of 03/1/2024 ET)
Today's Range
$43.68
$44.13
50-Day Range
$42.70
$46.37
52-Week Range
$38.11
$54.92
Volume
438,515 shs
Average Volume
518,339 shs
Market Capitalization
$4.81 billion
P/E Ratio
14.67
Dividend Yield
1.65%
Price Target
$52.75

Silgan MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
20.7% Upside
$52.75 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.80mentions of Silgan in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.35%
From $3.67 to $4.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Industrial Products Sector

15th out of 175 stocks

Metal Cans Industry

2nd out of 5 stocks


SLGN stock logo

About Silgan Stock (NYSE:SLGN)

Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, and beauty products, as well as capping/sealing equipment and detection systems. The Metal Containers segment manufactures and sells steel and aluminum containers for food products, such as pet food, vegetables, soups, proteins, tomato based products, fruits, and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Custom Containers segment manufactures and sells custom designed and stock plastic containers for use in personal care and health care; food and beverage; household and industrial chemical; pharmaceutical; pet food and care; agricultural; automotive; and marine chemical products. This segment also provides plastic thermoformed barrier and non-barrier bowls, and trays for food products, such as soups, other ready-to-eat meals, and pet food products; and plastic closures, caps, sifters, and fitments, as well as thermoformed tubs for food, household, and personal care products. The company markets its products primarily through direct sales force, as well as through a network of distributors, and an online shopping catalog. The company was founded in 1987 and is headquartered in Stamford, Connecticut.

SLGN Stock Price History

SLGN Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Silgan Holdings price target raised by $4 at Citi, here's why
Silgan Holdings (SLGN) Q4 Earnings Surpass Estimates
What Silgan Holdings Inc.'s (NYSE:SLGN) ROE Can Tell Us
Silgan Holdings just downgraded at Citi, here's why
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Last Earnings
1/31/2024
Today
3/03/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal cans
Sub-Industry
Metal & Glass Containers
CUSIP
82704810
Employees
15,300
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$52.75
High Stock Price Target
$59.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+20.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$326 million
Pretax Margin
7.05%

Debt

Sales & Book Value

Annual Sales
$5.99 billion
Cash Flow
$5.82 per share
Book Value
$17.18 per share

Miscellaneous

Free Float
95,565,000
Market Cap
$4.81 billion
Optionable
Optionable
Beta
0.67

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SLGN Stock Analysis - Frequently Asked Questions

Should I buy or sell Silgan stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silgan in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SLGN shares.
View SLGN analyst ratings
or view top-rated stocks.

What is Silgan's stock price target for 2024?

8 Wall Street research analysts have issued 1-year price objectives for Silgan's stock. Their SLGN share price targets range from $46.00 to $59.00. On average, they predict the company's share price to reach $52.75 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price.
View analysts price targets for SLGN
or view top-rated stocks among Wall Street analysts.

How have SLGN shares performed in 2024?

Silgan's stock was trading at $45.25 at the beginning of the year. Since then, SLGN shares have decreased by 3.4% and is now trading at $43.72.
View the best growth stocks for 2024 here
.

Are investors shorting Silgan?

Silgan saw a increase in short interest in January. As of January 31st, there was short interest totaling 2,590,000 shares, an increase of 14.6% from the January 15th total of 2,260,000 shares. Based on an average daily volume of 508,600 shares, the short-interest ratio is currently 5.1 days. Currently, 3.2% of the company's stock are sold short.
View Silgan's Short Interest
.

When is Silgan's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our SLGN earnings forecast
.

How were Silgan's earnings last quarter?

Silgan Holdings Inc. (NYSE:SLGN) posted its quarterly earnings results on Wednesday, January, 31st. The industrial products company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.05. The industrial products company had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.39 billion. Silgan had a trailing twelve-month return on equity of 20.29% and a net margin of 5.44%.

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

Silgan announced a quarterly dividend on Tuesday, February 27th. Investors of record on Thursday, March 14th will be given a dividend of $0.19 per share on Thursday, March 28th. This represents a $0.76 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Wednesday, March 13th. This is an increase from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for SLGN
.

Is Silgan a good dividend stock?

Silgan (NYSE:SLGN) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.65%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLGN will have a dividend payout ratio of 17.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLGN.

When did Silgan's stock split?

Shares of Silgan split on the morning of Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly created shares were issued to shareholders after the market closes on Friday, May 26th 2017. An investor that had 100 shares of 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 FY24 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of $3.55-3.75 for the period, compared to the consensus estimate of $3.59.

Who are Silgan's major shareholders?

Silgan's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.77%), Dimensional Fund Advisors LP (2.55%), Capital World Investors (2.17%), Allspring Global Investments Holdings LLC (2.11%), Victory Capital Management Inc. (1.96%) and First Trust Advisors LP (1.68%). Insiders that own company stock include Anthony J Allott, B Frederik Prinzen, Joseph M Jordan, Robert B Lewis, Stacey J Mcgrath and Thomas James Snyder.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Silgan have any subsidiaries?
The following companies are subsidiares of Silgan: 827599 Ontario Inc. , 828745 Ontario Inc. , ATLAS Can – Vogel & Noot Metal Packaging Company A.E. , Aim Packaging Inc., Alcoa Inc. - North American Aluminum Roll-on Closures Business, Amcor Packaging (Australia) Pty Ltd - Metal Vacuum Closures Operations in Australia, Amcor White Cap - Europe Asia and South America, Amcor White Cap LLC, American National Can Company - Food Metal and Specialty Business, Amoco Container Company, Campbell Soup Company - Steel Container Manufacturing Business, Clearplass Containers Inc., Cobra Plastics, Cousins-Currie Limited, DGS S.A. - Twist-off Metal Closure Business, Del Monte Corporation - U.S. Can Manufacturing Operations, ECV-Europe Commerce Verschlusssysteme GmbH, ELSA Silgan Metal Packaging S.A. , Easytech Closures S.p.A., Easytech Packaging S.p.A., Elsa – Silgan Metal Packaging S.A./Jordan, Express Plastic Containers Limited, Finger Lakes Packaging Company Inc., Fort Madison Can Company, Fortune Plastics Inc., Gateway Plastics LLC, Grup Vemsa 1857 S.L. - Metal Vacuum Closures Operations in Spain and China, IPEC Global Inc., Injected Plastics - Plastic Closures Operations, Integra-Seal Industries LLC, Limited Liability Company Portola, Monsanto Company - Plastic Container Business, Nestlé Food Company - Metal Container Manufacturing Division, Nestlé Food Company - Seaboard Carton Division, Nestlé Purina PetCare Company - Metal Container Manufacturing Operations, Pacific Coast Producers - Can Manufacturing Operations, Portola (Asia Pacific) Holding Company Limited, Portola Packaging Canada Ltd./Emballages Portola Canada Ltd., Portola Packaging Inc., Portola Packaging Inc. Mexico S.A. de C.V., Portola Packaging LLC, Portola S.R.O., Portola Tech International Inc., RXI Holdings Inc., Rexam PLC - North American Plastic Container Business, Rexam PLC - Plastic Food Container Operations, Rüma Industrieverpackung Leipzig GmbH, SWC Holdings (Mauritius) Ltd. , Silgan Closures GmbH, Silgan Closures International Holding Company, Silgan Closures UK Holdings Limited, Silgan Closures UK Limited, Silgan Containers LLC, Silgan Containers Manufacturing Corporation, Silgan Containers Manufacturing Puerto Rico LLC, Silgan Corporation, Silgan Dispensing Systems (Wuxi) Co. Ltd., Silgan Dispensing Systems Alkmaar B.V., Silgan Dispensing Systems Barcelona S.L., Silgan Dispensing Systems Brazil Packaging Industry Ltda., Silgan Dispensing Systems Canada Ltd., Silgan Dispensing Systems Corporation, Silgan Dispensing Systems Covit America Corporation, Silgan Dispensing Systems Covit Europe S.L., Silgan Dispensing Systems France S.A.S., Silgan Dispensing Systems Germany GmbH, Silgan Dispensing Systems Hemer GmbH, Silgan Dispensing Systems Holdings Company, Silgan Dispensing Systems Holdings Netherlands B.V., Silgan Dispensing Systems Holdings Spain S.L.U., Silgan Dispensing Systems India Private Limited, Silgan Dispensing Systems Italy S.r.l., Silgan Dispensing Systems Lacrost S.A.S., Silgan Dispensing Systems Le Treport S.A.S., Silgan Dispensing Systems Metal Holdings Corporation, Silgan Dispensing Systems Metal Real Estate Corporation, Silgan Dispensing Systems Mexico Operadora S.A. de C.V., Silgan Dispensing Systems Mexico S.A. de C.V., Silgan Dispensing Systems Milano S.r.l., Silgan Dispensing Systems Netherlands B.V., Silgan Dispensing Systems Operadora S. de R.L. de C.V., Silgan Dispensing Systems Services S.A.S., Silgan Dispensing Systems Slatersville LLC, Silgan Dispensing Systems Thomaston Corporation, Silgan Dispensing Systems Vicenza S.r.l., Silgan Dispensing Systems and Packaging do Brasil Industria de Embalagens Ltda., Silgan Equipment Company, Silgan Europe Holdings B.V., Silgan Holdings Austria GmbH, Silgan Holdings LLC, Silgan International Holdings B.V. , Silgan Latin America Corporation, Silgan Metal Packaging Brovary LLC, Silgan Metal Packaging Distribution Gmbh, Silgan Metal Packaging Enem o.o.o. , Silgan Metal Packaging Germany GmbH, Silgan Metal Packaging Leipzig GmbH, Silgan Metal Packaging Ljubljana d.o.o., Silgan Metal Packaging Meissen GmbH, Silgan Metal Packaging Mitterdorf GmbH, Silgan Metal Packaging Nove Mesto a.s. , Silgan Metal Packaging Stupino o.o.o. , Silgan Metal Packaging Szprotawa Sp. z o.o. , Silgan Metal Packaging Tczew S.A. , Silgan Metal Packaging d.o.o. Bitola, Silgan Partnership C.V. , Silgan Plastic Food Containers Corporation, Silgan Plastics Canada Inc., Silgan Plastics Corporation, Silgan Plastics LLC, Silgan Specialty Packaging LLC, Silgan Tubes Holding Company, Silgan White Cap (Shanghai) Co. Ltd. , Silgan White Cap Americas LLC, Silgan White Cap Belgium N.V., Silgan White Cap Corporation, Silgan White Cap France S.A.S., Silgan White Cap GmbH, Silgan White Cap Holdings Cyprus Limited, Silgan White Cap Holdings Spain S.L. , Silgan White Cap Italia S.r.l., Silgan White Cap LLC, Silgan White Cap Manufacturing GmbH, Silgan White Cap Nordiska AB, Silgan White Cap Polska Sp. z o.o., Silgan White Cap Rus o.o.o., Silgan White Cap South East Asia Inc., Silgan White Cap UK Limited, Silgan White Cap Ukraine LLC, Silgan White Cap Venezuela S.A. , Silgan White Cap do Brasil Ltda., Silgan ipec Corporation, Silgan Öntaş Ambalaj Sanayi ve Ticaret A.S., Tecnocap S.p.A.'s and Tecnocap LLC - Metal Vacuum Closures Operations in the U.S., Thatcher Investments S. de R.L. de C.V., Thatcher Mexico S. de R.L. de C.V., Thatcher Tubes LLC, Unicep Packaging LLC, Unicep Packaging LLC., VONORUS o.o.o. , Van Can Company - Metal Container Manufacturing Assets, Vogel & Noot Holding AG - Metal Container Operations, WestRock - Closures and Dispensing Systems Operations, Winn Packaging Co., and Öntaş Öner Teneke Ambalaj Sanayi ve Ticaret A.S..
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This page (NYSE:SLGN) was last updated on 3/3/2024 by MarketBeat.com Staff