NYSE:SONSonoco Products Stock Price, Forecast & News

Sonoco Products' stock was trading at $47.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SON stock has decreased by 6.8% and is now trading at $44.44. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sonoco Products.

Sonoco Products is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for Sonoco Products.

Sonoco Products Co (NYSE:SON) issued its quarterly earnings data on Thursday, February, 13th. The industrial products company reported $0.75 earnings per share for the quarter, hitting analysts' consensus estimates of $0.75. The industrial products company earned $1.31 billion during the quarter, compared to analyst estimates of $1.34 billion. Sonoco Products had a return on equity of 19.51% and a net margin of 5.43%. The company's revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter last year, the business earned $0.84 EPS. View Sonoco Products' earnings history.

Sonoco Products announced a quarterly dividend on Thursday, February 13th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.43 per share on Tuesday, March 10th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Tuesday, February 25th. View Sonoco Products' dividend history.

Sonoco Products issued an update on its FY20 earnings guidance on Thursday, February, 13th. The company provided earnings per share guidance of $3.60-$3.70 for the period, compared to the Thomson Reuters consensus estimate of $3.64.

10 brokers have issued 1-year price targets for Sonoco Products' shares. Their forecasts range from $56.00 to $68.00. On average, they expect Sonoco Products' stock price to reach $61.20 in the next year. This suggests a possible upside of 37.7% from the stock's current price. View analysts' price targets for Sonoco Products.

Media headlines about SON stock have trended very negative on Saturday, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Sonoco Products earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutSonoco Products.

Sonoco Products saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 3,290,000 shares, a drop of 5.5% from the February 13th total of 3,480,000 shares. Based on an average daily volume of 480,800 shares, the short-interest ratio is presently 6.8 days. Approximately 3.3% of the shares of the stock are short sold. View Sonoco Products' Current Options Chain.

Some companies that are related to Sonoco Products include Cintas (CTAS), Rockwell Automation (ROK), SANDVIK AB/ADR (SDVKY), BAE Systems (BA), Komatsu (KMTUY), Parker-Hannifin (PH), Kubota (KUBTY), Stanley Black & Decker (SWK), Amcor Limited ADS (AMCRY), Ferguson (FERGY), W W Grainger (GWW), Amcor (AMCR), Dover (DOV), Xylem (XYL) and Techtronic Industries (TTNDY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonoco Products investors own include RPM International (RPM), Home Depot (HD), AT&T (T), Johnson & Johnson (JNJ), Procter & Gamble (PG), The Coca-Cola (KO), Altria Group (MO), Intel (INTC), PepsiCo (PEP) and Walt Disney (DIS).

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

Sonoco Products' stock is owned by many different institutional and retail investors. Top institutional investors include Fulcrum Equity Management (0.01%). Company insiders that own Sonoco Products stock include Allan H Mcleland, Barry L Saunders, Harold G Cummings III, James A Harrell III, Kevin P Mahoney, Marcy J Thompson, R Howard Coker, Rodger D Fuller, Roger P Schrum and Vicki B Arthur. View institutional ownership trends for Sonoco Products.

SON stock was sold by a variety of institutional investors in the last quarter, including Fulcrum Equity Management. Company insiders that have sold Sonoco Products company stock in the last year include Harold G Cummings III, James A Harrell III, Marcy J Thompson, R Howard Coker, Rodger D Fuller, and Roger P Schrum. View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SON stock can currently be purchased for approximately $44.44.

Sonoco Products has a market capitalization of $4.46 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. Sonoco Products employs 23,000 workers across the globe. View additional information about Sonoco Products.

The official website for Sonoco Products is http://www.sonoco.com/.

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]