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 given 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 3.01%. 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 (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.75. The industrial products company had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.34 billion. Sonoco Products had a net margin of 5.43% and a return on equity of 19.51%. Sonoco Products's revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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 analysts have issued twelve-month target prices for Sonoco Products' shares. Their forecasts range from $56.00 to $68.00. On average, they anticipate Sonoco Products' stock price to reach $61.20 in the next year. This suggests a possible upside of 7.1% 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 and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonoco Products.

News stories about SON stock have been trending extremely negative on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing 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 nearest to five being the most favorable. Sonoco Products earned a news sentiment score of -4.2 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely 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 decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,680,000 shares, a decline 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 days-to-cover ratio is currently 7.2 days. Currently, 2.7% of the shares of the company are sold short. View Sonoco Products' Current Options Chain.

Some companies that are related to Sonoco Products include Ferguson (FERGY), BAE Systems (BA), Komatsu (KMTUY), ASHTEAD GRP PLC/ADR (ASHTY), Kubota (KUBTY), Dover (DOV), W W Grainger (GWW), Amcor (AMCR), Xylem (XYL), BRAMBLES LTD/S (BXBLY), James Hardie Industries (JHX), IDEX (IEX), Zebra Technologies (ZBRA), Amcor Limited ADS (AMCRY) and Rolls-Royce (RR).

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 a variety of 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 Geode Capital Management LLC (1.12%). 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 purchased 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 Janus Henderson Group PLC. 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 $57.15.

Sonoco Products has a market capitalization of $5.72 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]