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 announced a quarterly dividend on Thursday, February 13th. Investors 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 yield of 3.03%. The ex-dividend date of this dividend is Tuesday, February 25th. View Sonoco Products' Dividend History.

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 had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.34 billion. Sonoco Products's revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.84 earnings per share. View Sonoco Products' Earnings History.

Sonoco Products is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Sonoco Products.

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 EPS estimate of $3.64.

10 equities research analysts 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 twelve months. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Sonoco Products.

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

Headlines about SON stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sonoco Products earned a news impact score of 2.0 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 News Stories for Sonoco Products.

Sonoco Products saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,680,000 shares, a decrease of 8.5% from the January 15th total of 2,930,000 shares. Based on an average daily trading volume, of 369,800 shares, the short-interest ratio is currently 7.2 days. Approximately 2.7% of the company's shares are short sold. View Sonoco Products' Current Options Chain.

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 retail and institutional investors. Top institutional shareholders include State Street Corp (6.88%), Bank of America Corp DE (2.07%), Victory Capital Management Inc. (1.56%), Victory Capital Management Inc. (1.55%), Bank of New York Mellon Corp (1.35%) and First Trust Advisors LP (0.89%). 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 LSV Asset Management, Bank of America Corp DE, DekaBank Deutsche Girozentrale, Schroder Investment Management Group, Robeco Institutional Asset Management B.V., Gateway Investment Advisers LLC, SG Americas Securities LLC and Pacer Advisors Inc.. Company insiders that have sold Sonoco Products company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including State Street Corp, Anchor Capital Advisors LLC, Pictet Asset Management Ltd., OLD Republic International Corp, First Trust Advisors LP, Earnest Partners LLC, Victory Capital Management Inc. and Victory Capital Management Inc.. 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 $56.80.