NYSE:SON - Sonoco Products Stock Price, Forecast & News

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

Sonoco Products declared a quarterly dividend on Monday, October 14th. Investors of record on Friday, November 8th will be paid a dividend of $0.43 per share on Tuesday, December 10th. This represents a $1.72 annualized dividend and a yield of 2.93%. The ex-dividend date is Thursday, November 7th. View Sonoco Products' Dividend History.

Sonoco Products Co (NYSE:SON) released its earnings results on Thursday, October, 17th. The industrial products company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.06. The industrial products company earned $1.35 billion during the quarter, compared to analysts' expectations of $1.39 billion. Sonoco Products had a net margin of 5.99% and a return on equity of 20.08%. Sonoco Products's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 EPS. View Sonoco Products' Earnings History.

Sonoco Products is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Sonoco Products.

Sonoco Products will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Sonoco Products updated its FY20 earnings guidance on Friday, December, 6th. The company provided earnings per share (EPS) guidance of $3.65-3.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.64.

9 brokerages have issued twelve-month price objectives 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 twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Sonoco Products.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 2 sell ratings, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonoco Products.

Media headlines about SON stock have trended extremely negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sonoco Products earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Sonoco Products.

Sonoco Products saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 2,970,000 shares, an increase of 5.3% from the November 28th total of 2,820,000 shares. Based on an average daily volume of 394,200 shares, the days-to-cover ratio is currently 7.5 days. Currently, 3.0% of the shares of the stock are short sold. View Sonoco Products' Current Options Chain.

Some companies that are related to Sonoco Products include Ball (BLL), Rockwell Automation (ROK), Komatsu (KMTUY), Ferguson (FERGY), BAE Systems (BA), Kubota (KUBTY), W W Grainger (GWW), NortonLifeLock (NLOK), Amcor (AMCR), Dover (DOV), ASHTEAD GRP PLC/ADR (ASHTY), Xylem (XYL), James Hardie Industries (JHX), Zebra Technologies (ZBRA) and BRAMBLES LTD/S (BXBLY).

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), Cisco Systems (CSCO), PepsiCo (PEP), The Coca-Cola (KO), Altria Group (MO), Procter & Gamble (PG), Verizon Communications (VZ) and NextEra Energy (NEE).

Sonoco Products' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Tocqueville Asset Management L.P. (0.15%), Wedge Capital Management L L P NC (0.13%), New York State Teachers Retirement System (0.09%), Gateway Investment Advisers LLC (0.08%), First National Bank of Omaha (0.07%) and Fruth Investment Management (0.04%). 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 Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Brookmont Capital Management, New York State Teachers Retirement System, Hennessy Advisors Inc., Janney Montgomery Scott LLC and Clean Yield Group. Company insiders that have sold Sonoco Products company stock in the last year include Barry L Saunders, Harold G Cummings III, James A Harrell III, Kevin P Mahoney, Marcy J Thompson, R Howard Coker, Rodger D Fuller and Roger P Schrum. View Insider Buying and Selling for Sonoco Products.

SON stock was purchased by a variety of institutional investors in the last quarter, including First National Bank of Omaha, NEXT Financial Group Inc, Sciencast Management LP, Strs Ohio, Wedge Capital Management L L P NC, Joel Isaacson & Co. LLC, Fruth Investment Management and Gradient Investments LLC. View Insider Buying and Selling 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 $58.77.

Sonoco Products has a market capitalization of $5.88 billion and generates $5.39 billion in revenue each year. The industrial products company earns $313.56 million in net income (profit) each year or $3.37 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]