NYSE:SON

Sonoco Products Stock Forecast, Price & News

$64.88
+0.56 (+0.87 %)
(As of 04/16/2021 04:00 PM ET)
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Today's Range
$64.18
Now: $64.88
$65.29
50-Day Range
$59.57
MA: $62.98
$65.08
52-Week Range
$42.41
Now: $64.88
$65.37
Volume400,459 shs
Average Volume436,897 shs
Market Capitalization$6.53 billion
P/E Ratio24.95
Dividend Yield2.81%
Beta0.83
Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through four segments: Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. The Consumer Packaging segment provides paper and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures. The Display and Packaging segment offers temporary and semi-permanent point-of-purchase displays; supply chain management services comprising contract packing, fulfillment, and scalable service centers; retail packaging, including printed backer cards, thermoformed blisters, and heat sealing equipment; and paper amenities, such as coasters and glass covers. The Paper and Industrial Converted Products segment provides paperboard tubes, cones, and cores; fiber-based construction tubes; wooden, metal, and composite wire and cable reels and spools; and recycled paperboard, corrugating medium, recovered paper, and material recycling services. The Protective Solutions segment provides custom-engineered, paperboard-based, and molded foam protective packaging and components; and temperature-assured packaging products. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.
Sonoco Products logo

Industry, Sector and Symbol

Industry Paperboard containers & boxes
Sub-IndustryPaper Packaging
CUSIP83549510
Phone(843) 383-7000
Employees20,000
Year Founded1899

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.37 billion
Cash Flow$6.37 per share
Book Value$18.14 per share

Profitability

Net Income$291.79 million

Miscellaneous

Market Cap$6.53 billion
Next Earnings Date4/22/2021 (Confirmed)
OptionableOptionable

Headlines

Sonoco Products (NYSE:SON) Reaches New 52-Week High at $64.80
April 5, 2021 |  americanbankingnews.com
Sonoco Products (NYSE:SON) Reaches New 52-Week High at $64.50
March 29, 2021 |  americanbankingnews.com
$0.86 EPS Expected for Sonoco Products (NYSE:SON) This Quarter
March 25, 2021 |  americanbankingnews.com
Analyzing Sonoco Products's Ex-Dividend Date
February 22, 2021 |  finance.yahoo.com
Sonoco Products Co. to Host Earnings Call
February 11, 2021 |  finance.yahoo.com
Sonoco Products: Q4 Earnings Insights
February 11, 2021 |  finance.yahoo.com
Sonoco Announces Price Increases for Prepared and Specialty Foods Segment
January 25, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

1.79 out of 5 stars

Industrial Products Sector

70th out of 398 stocks

Paperboard Containers & Boxes Industry

3rd out of 6 stocks

Analyst Opinion: 1.1Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$64.88
+0.56 (+0.87 %)
(As of 04/16/2021 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Sonoco Products (NYSE:SON) Frequently Asked Questions

Is Sonoco Products a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Sonoco Products stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SON, but not buy additional shares or sell existing shares.
View analyst ratings for Sonoco Products
or view top-rated stocks.

What stocks does MarketBeat like better than Sonoco Products?

Wall Street analysts have given Sonoco Products a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sonoco Products wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sonoco Products?

Sonoco Products saw a decrease in short interest in March. As of March 31st, there was short interest totaling 1,570,000 shares, a decrease of 19.1% from the March 15th total of 1,940,000 shares. Based on an average daily trading volume, of 444,800 shares, the short-interest ratio is currently 3.5 days. Currently, 1.6% of the company's stock are short sold.
View Sonoco Products' Short Interest
.

When is Sonoco Products' next earnings date?

Sonoco Products is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Sonoco Products
.

How can I listen to Sonoco Products' earnings call?

Sonoco Products will be holding an earnings conference call on Thursday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Sonoco Products' earnings last quarter?

Sonoco Products (NYSE:SON) released its quarterly earnings results on Wednesday, February, 10th. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.05. The industrial products company earned $1.38 billion during the quarter, compared to analysts' expectations of $1.31 billion. Sonoco Products had a net margin of 5.11% and a trailing twelve-month return on equity of 18.67%. During the same period in the previous year, the business earned $0.75 EPS.
View Sonoco Products' earnings history
.

How has Sonoco Products' stock price been impacted by Coronavirus?

Sonoco Products' stock was trading at $47.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SON stock has increased by 36.1% and is now trading at $64.88.
View which stocks have been most impacted by COVID-19
.

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

Sonoco Products declared a quarterly dividend on Wednesday, February 10th. Investors of record on Wednesday, February 24th will be paid a dividend of $0.45 per share on Wednesday, March 10th. This represents a $1.80 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Tuesday, February 23rd. This is a positive change from Sonoco Products's previous quarterly dividend of $0.43.
View Sonoco Products' dividend history
.

Is Sonoco Products a good dividend stock?

Sonoco Products pays an annual dividend of $1.80 per share and currently has a dividend yield of 2.81%. Sonoco Products does not yet have a strock track record of dividend growth. The dividend payout ratio of Sonoco Products is 50.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sonoco Products will have a dividend payout ratio of 51.58% next year. This indicates that Sonoco Products will be able to sustain or increase its dividend.
View Sonoco Products' dividend history.

What guidance has Sonoco Products issued on next quarter's earnings?

Sonoco Products issued an update on its first quarter 2021 Pre-Market earnings guidance on Thursday, February, 11th. The company provided earnings per share guidance of 0.80-0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.87.

What price target have analysts set for SON?

10 Wall Street analysts have issued 1-year price objectives for Sonoco Products' stock. Their forecasts range from $50.00 to $69.00. On average, they anticipate Sonoco Products' share price to reach $60.00 in the next twelve months. This suggests that the stock has a possible downside of 7.5%.
View analysts' price targets for Sonoco Products
or view top-rated stocks among Wall Street analysts.

Who are Sonoco Products' key executives?

Sonoco Products' management team includes the following people:
  • Mr. Robert Howard Coker, Pres, CEO & Director (Age 58, Pay $1.78M)
  • Ms. Julie C. Albrecht, VP & CFO (Age 53, Pay $1.25M)
  • Mr. John M. Florence Jr., VP of HR, Gen. Counsel & Sec. (Age 42, Pay $753.09k)
  • Mr. Rodger D. Fuller, Exec. VP of Global Industrial & Consumer (Age 59, Pay $1.35M)
  • Mr. Richard K. Johnson, VP & Chief Information Officer (Age 53)
  • Mr. Roger P. Schrum, VP of Investor Relations & Corp. Affairs (Age 65)
  • Ms. Marcy J. Thompson, VP of Marketing, Innovation & Sustainability (Age 59)
  • Mr. Robert R Dillard, VP of Strategy & Corp. Devel. (Age 46)
  • Bernd Rost, Managing Director of Molded Plastics - Europe
  • Mr. Mark Chenhall, Managing Director of Industrial Converting & Consumer Packaging Bus.es - Australia & New Zealand

What is R. Howard Coker's approval rating as Sonoco Products' CEO?

54 employees have rated Sonoco Products CEO R. Howard Coker on Glassdoor.com. R. Howard Coker has an approval rating of 86% among Sonoco Products' employees.

Who are some of Sonoco Products' key competitors?

What other stocks do shareholders of Sonoco Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonoco Products investors own include RPM International (RPM), AT&T (T), The Coca-Cola (KO), The Procter & Gamble (PG), Johnson & Johnson (JNJ), Altria Group (MO), Verizon Communications (VZ), Intel (INTC), Pfizer (PFE) and Exxon Mobil (XOM).

What is Sonoco Products' stock symbol?

Sonoco Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "SON."

Who are Sonoco Products' major shareholders?

Sonoco Products' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.14%), Retirement Systems of Alabama (0.13%), Wedge Capital Management L L P NC (0.13%), Country Club Trust Company n.a. (0.10%), Fruth Investment Management (0.04%) and Carroll Financial Associates Inc. (0.04%). Company insiders that own Sonoco Products stock include Harold G Cummings III, James A Harrell III, John M Florence, Marcy J Thompson, R Howard Coker, Rodger D Fuller and Roger P Schrum.
View institutional ownership trends for Sonoco Products
.

Which major investors are selling Sonoco Products stock?

SON stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Heron Financial Group LLC, Fruth Investment Management, and First Midwest Bank Trust Division. Company insiders that have sold Sonoco Products company stock in the last year include James A Harrell III, John M Florence, and Rodger D Fuller.
View insider buying and selling activity for Sonoco Products
or view top insider-selling stocks.

Which major investors are buying Sonoco Products stock?

SON stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., State of Alaska Department of Revenue, Fulcrum Equity Management, Country Club Trust Company n.a., Louisiana State Employees Retirement System, Carroll Financial Associates Inc., Retirement Systems of Alabama, and Wedge Capital Management L L P NC.
View insider buying and selling activity for Sonoco Products
or or view top insider-buying stocks.

How do I buy shares of Sonoco Products?

Shares of SON 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 Sonoco Products' stock price today?

One share of SON stock can currently be purchased for approximately $64.88.

How much money does Sonoco Products make?

Sonoco Products has a market capitalization of $6.53 billion and generates $5.37 billion in revenue each year. The industrial products company earns $291.79 million in net income (profit) each year or $3.53 on an earnings per share basis.

How many employees does Sonoco Products have?

Sonoco Products employs 20,000 workers across the globe.

When was Sonoco Products founded?

Sonoco Products was founded in 1899.

What is Sonoco Products' official website?

The official website for Sonoco Products is www.sonoco.com.

Where are Sonoco Products' headquarters?

Sonoco Products is headquartered at 1 NORTH SECOND STREET, HARTSVILLE SC, 29550.

How can I contact Sonoco Products?

Sonoco Products' mailing address is 1 NORTH SECOND STREET, HARTSVILLE SC, 29550. The industrial products company can be reached via phone at (843) 383-7000 or via email at [email protected]


This page was last updated on 4/16/2021 by MarketBeat.com Staff
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