NYSE:SON Sonoco Products (SON) Stock Price, News & Analysis $52.34 +0.53 (+1.02%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$52.23▼$53.1750-Day Range$48.33▼$61.4552-Week Range$48.22▼$61.73Volume504,393 shsAverage Volume568,290 shsMarket Capitalization$5.14 billionP/E Ratio13.22Dividend Yield3.97%Price Target$59.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Sonoco Products alerts: Email Address Sonoco Products MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.7% Upside$59.00 Price TargetShort InterestHealthy2.13% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.86Upright™ Environmental ScoreNews Sentiment0.37Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth10.83%From $5.08 to $5.63 Per ShareSee Full Details Hide Full Details 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.4.52 out of 5 starsIndustrial Products Sector24th out of 172 stocksPaperboard Containers & Boxes Industry1st out of 5 stocks 2.3 Analyst's Opinion Consensus RatingSonoco Products has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSonoco Products has only been the subject of 3 research reports in the past 90 days.Read more about Sonoco Products' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.13% of the float of Sonoco Products has been sold short.Short Interest Ratio / Days to CoverSonoco Products 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 monthShort interest in Sonoco Products has recently decreased by 2.82%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipSonoco Products is a leading dividend payer. It pays a dividend yield of 4.06%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSonoco Products does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sonoco Products is 52.53%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sonoco Products will have a dividend payout ratio of 36.94% next year. This indicates that Sonoco Products will be able to sustain or increase its dividend.Read more about Sonoco Products' dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSonoco Products has received a -16.77% net impact score from Upright. The largest negative impact of Sonoco Products in category "GHG emissions" seems to be driven mostly by its "Plastic consumer electronics blister packs", "Aluminium containers", "Plastic lids", "Plastic cosmetics packages", "Plastic wrap", and "Tin cans" products. See details.Environmental SustainabilityThe Environmental Impact score for Sonoco Products is -2.86. Previous Next 3.0 News and Social Media Coverage News SentimentSonoco Products has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Sonoco Products this week, compared to 3 articles on an average week.Search Interest8 people have searched for SON on MarketBeat in the last 30 days. MarketBeat Follows4 people have added Sonoco Products to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sonoco Products insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.51% of the stock of Sonoco Products is held by insiders.Percentage Held by Institutions77.69% of the stock of Sonoco Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sonoco Products' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Sonoco Products are expected to grow by 10.83% in the coming year, from $5.08 to $5.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonoco Products is 13.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Sonoco Products is 13.22, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.97.Price to Earnings Growth RatioSonoco Products has a PEG Ratio of 2.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSonoco Products has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Sonoco Products' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Sonoco Products Stock (NYSE:SON)Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Industrial Paper Packaging segment provides paperboard tubes, cones, and cores; paper-based protective packaging products; and uncoated recycled paperboard products. It also offers various packaging materials, including plastic, paper, foam, and other specialty materials. Sonoco Products Company sells its products in various markets, which include paper, textile, film, food, packaging, construction, and wire and cable. The company was founded in 1899 and is headquartered in Hartsville, South Carolina.Read More SON Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SON Stock News HeadlinesJuly 24 at 4:30 PM | globenewswire.comSonoco To Report Second Quarter 2024 ResultsJuly 22, 2024 | americanbankingnews.comSonoco Products (NYSE:SON) Receives $59.00 Average Target Price from AnalystsJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 20, 2024 | msn.comRaymond James Initiates Coverage of Sonoco Products (SON) with Outperform RecommendationJuly 19, 2024 | americanbankingnews.comSonoco Products (NYSE:SON) Coverage Initiated at Raymond JamesJuly 19, 2024 | americanbankingnews.comSonoco Products (NYSE:SON) PT Lowered to $55.00July 18, 2024 | americanbankingnews.comSonoco Products Declares Quarterly Dividend of $0.52 (NYSE:SON)July 17, 2024 | globenewswire.comSonoco Declares Regular Quarterly Common Stock DividendJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 9, 2024 | seekingalpha.comSonoco Products: A Big Deal Creates Some UncertaintyJuly 7, 2024 | seekingalpha.comSonoco Products: Selloff Is Overdone, Buy To Lock In 4.2% YieldJune 24, 2024 | prnewswire.comKPS CAPITAL PARTNERS TO SELL EVIOSYS TO SONOCO FOR €3.615 BILLIONJune 24, 2024 | globenewswire.comSonoco to Acquire Eviosys, Creating The World's Leading Metal Food Can and Aerosol Packaging PlatformJune 17, 2024 | globenewswire.comSonoco Implementing Price Increase for all Paperboard Converted Products in North America and CanadaJune 10, 2024 | globenewswire.comSonoco Implementing Increase for Uncoated Recycled Paperboard in the U.S. and CanadaJune 6, 2024 | globenewswire.comSonoco-Alcore to Increase Tube & Core Prices in the EMEA RegionJune 4, 2024 | globenewswire.comSonoco To Implement Further Price Increase for Core Board and Paperboard in EuropeMay 31, 2024 | seekingalpha.comSonoco Products: Disappointing Prices Weigh On Free Cash Flow (Rating Downgrade)See More Headlines Receive SON Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sonoco Products and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/30/2024Ex-Dividend for 6/10 Dividend5/09/2024Dividend Payable6/10/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Ex-Dividend for 9/10 Dividend8/09/2024Dividend Payable9/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Paperboard containers & boxes Sub-IndustryPaper Packaging Current SymbolNYSE:SON CUSIP83549510 CIK91767 Webwww.sonoco.com Phone(843) 383-7000Fax512-416-9669Employees23,000Year Founded1899Price Target and Rating Average Stock Price Target$59.00 High Stock Price Target$62.00 Low Stock Price Target$55.00 Potential Upside/Downside+11.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.96 Trailing P/E Ratio13.34 Forward P/E Ratio10.40 P/E Growth2.25Net Income$474.96 million Net Margins5.86% Pretax Margin7.52% Return on Equity20.79% Return on Assets6.88% Debt Debt-to-Equity Ratio1.08 Current Ratio1.31 Quick Ratio0.83 Sales & Book Value Annual Sales$6.78 billion Price / Sales0.77 Cash Flow$9.06 per share Price / Cash Flow5.83 Book Value$24.83 per share Price / Book2.13Miscellaneous Outstanding Shares98,260,000Free Float97,755,000Market Cap$5.19 billion OptionableOptionable Beta0.68 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Robert Howard Coker (Age 61)President, CEO & Director Comp: $1.66MMr. Robert R. Dillard (Age 50)Chief Financial Officer Comp: $835.77kMr. Rodger D. Fuller (Age 62)Chief Operating Officer Comp: $991.9kMr. John M. Florence Jr. (Age 45)General Counsel, Secretary, VP & GM Converted Products North America Comp: $709.47kMr. James A. Harrell III (Age 62)President of Global Industrial Paper Packaging Comp: $773.4kMr. Aditya GandhiVP & Chief Accounting OfficerLaura Buen AbadSenior Director of Technology & MarketingMs. Lisa K. Weeks (Age 56)VP of Investor Relations & Corporate Affairs Ms. Andrea B. White (Age 49)Chief Human Resources Officer Mr. Jeffrey S. Tomaszewski (Age 55)President of Diversified Businesses Comp: $1.08MMore ExecutivesKey CompetitorsPackaging Co. of AmericaNYSE:PKGGraphic PackagingNYSE:GPKSealed AirNYSE:SEEUFP TechnologiesNASDAQ:UFPTWestRockNYSE:WRKView All CompetitorsInsiders & InstitutionsAccess Investment Management LLCBought 77,210 shares on 7/26/2024Ownership: 0.104%State of Michigan Retirement SystemSold 400 shares on 7/26/2024Ownership: 0.024%Salomon & Ludwin LLCSold 1,010 shares on 7/26/2024Ownership: 0.008%Retirement Systems of AlabamaSold 1,735 shares on 7/24/2024Ownership: 0.274%Louisiana State Employees Retirement SystemSold 400 shares on 7/24/2024Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions SON Stock Analysis - Frequently Asked Questions How have SON shares performed this year? Sonoco Products' stock was trading at $55.87 at the start of the year. Since then, SON stock has decreased by 6.3% and is now trading at $52.34. View the best growth stocks for 2024 here. How were Sonoco Products' earnings last quarter? Sonoco Products (NYSE:SON) announced its quarterly earnings data on Tuesday, April, 30th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.07. Sonoco Products's quarterly revenue was down 5.3% on a year-over-year basis. What is R. Howard Coker's approval rating as Sonoco Products' CEO? 54 employees have rated Sonoco Products Chief Executive Officer R. Howard Coker on Glassdoor.com. R. Howard Coker has an approval rating of 86% among the company's employees. Does Sonoco Products have any subsidiaries? The following companies are subsidiaries of Sonoco Products: Ball Metalpack Holding LLC, Allied Packaging, TuboTec, Can Packaging, Plastique Holdings LTD, Thermoform Engineered Quality LLC, Corenso Holdings America Inc., and others. Who are Sonoco Products' major shareholders? Sonoco Products' top institutional investors include Retirement Systems of Alabama (0.27%), Wedge Capital Management L L P NC (0.14%), Raymond James & Associates (0.10%) and Access Investment Management LLC (0.10%). Insiders that own company stock include Rodger D Fuller, Julie C Albrecht, Adam Wood, Robert R Hill Jr, Jeffrey S Tomaszewski, Russell K Grissett, John M Florence, Ernest D Haynes III and Harold G Cummings III. View institutional ownership trends. How do I buy shares of Sonoco Products? Shares of SON 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. What other stocks do shareholders of Sonoco Products own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sonoco Products investors own include RPM International (RPM), AT&T (T), Coca-Cola (KO), Procter & Gamble (PG), Johnson & Johnson (JNJ), Altria Group (MO) and Verizon Communications (VZ). This page (NYSE:SON) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. 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