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Sell every Stock except ONE (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell every Stock except ONE (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell every Stock except ONE (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell every Stock except ONE (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NYSE:SON

Sonoco Products (SON) Stock Forecast, Price & News

$60.72
+0.71 (+1.18%)
(As of 05/26/2023 ET)
Compare
Today's Range
$60.08
$61.32
50-Day Range
$56.67
$62.39
52-Week Range
$51.52
$65.96
Volume
461,577 shs
Average Volume
506,353 shs
Market Capitalization
$5.95 billion
P/E Ratio
12.02
Dividend Yield
3.36%
Price Target
$66.17

Sonoco Products MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.0% Upside
$66.17 Price Target
Short Interest
Healthy
0.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.12
Upright™ Environmental Score
News Sentiment
0.60mentions of Sonoco Products in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$560,000 Bought Last Quarter
Proj. Earnings Growth
3.61%
From $5.82 to $6.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Industrial Products Sector

48th out of 180 stocks

Paperboard Containers & Boxes Industry

2nd out of 4 stocks


SON stock logo

About Sonoco Products (NYSE:SON) Stock

Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Protective Solutions, and Display and Packaging. The Consumer Packaging segment offers round and shaped rigid containers, fiber and plastic caulk and adhesive tubes, and aluminum, steel, and peelable membrane easy-open closures for paper and metal cans. The Paper and Industrial Converted Products segment produces recycled paperboard, chipboard, tubeboard, lightweight corestock, and boxboard. The Protective Solutions segment manufactures custom-engineered, paperboard-based, and molded foam protective packaging and components. The Display and Packaging segment consists of point-of-purchase displays, custom packaging, retail packaging, and supply chain management. The company was founded on May 10, 1899, and is headquartered at Hartsville, SC.

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SON Stock News Headlines

Sonoco Products (NYSE:SON) Insider Sells $12,256.00 in Stock
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
Sonoco Products (NYSE:SON) Downgraded by StockNews.com
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
Sonoco Products (NYSE:SON) Upgraded at StockNews.com
Sonoco Products (SON) to Release Earnings on Monday
Sonoco Increases Quarterly Stock Dividend
What 4 Analyst Ratings Have To Say About Sonoco Prods
Sonoco Products (NYSE:SON) Issues Q1 2023 Earnings Guidance
Short Interest in Sonoco Products (NYSE:SON) Declines By 23.3%
Should Investors Buy the Dip in Sonoco (NYSE:SON) Stock?
Sonoco Products (NYSE:SON) Updates Q1 Earnings Guidance
Sonoco raises Q1 guidance
See More Headlines
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SON Company Calendar

Ex-Dividend for 3/10 Dividend
2/21/2023
Dividend Payable
3/10/2023
Last Earnings
5/01/2023
Ex-Dividend for 6/9 Dividend
5/09/2023
Today
5/27/2023
Dividend Payable
6/09/2023
Next Earnings (Estimated)
7/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Paperboard containers & boxes
Sub-Industry
Paper Packaging
CUSIP
83549510
Employees
22,000
Year Founded
1899

Price Target and Rating

Average Stock Price Forecast
$66.17
High Stock Price Forecast
$82.00
Low Stock Price Forecast
$57.00
Forecasted Upside/Downside
+9.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$466.44 million
Pretax Margin
8.54%

Debt

Sales & Book Value

Annual Sales
$7.25 billion
Cash Flow
$9.84 per share
Book Value
$22.52 per share

Miscellaneous

Free Float
97,456,000
Market Cap
$5.95 billion
Optionable
Optionable
Beta
0.71

Social Links


Key Executives

  • Robert Howard Coker
    President, Chief Executive Officer & Director
  • Rodger Daryl FullerRodger Daryl Fuller
    Chief Operating Officer
  • Robert R. Dillard
    Chief Financial Officer
  • Richard Johnson
    Chief Information Officer & Vice President
  • Elizabeth Rhue
    VP-Technical Services













SON Stock - Frequently Asked Questions

Should I buy or sell Sonoco Products stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SON shares.
View SON analyst ratings
or view top-rated stocks.

What is Sonoco Products' stock price forecast for 2023?

6 brokerages have issued twelve-month price targets for Sonoco Products' stock. Their SON share price forecasts range from $57.00 to $82.00. On average, they predict the company's share price to reach $66.17 in the next year. This suggests a possible upside of 9.0% from the stock's current price.
View analysts price targets for SON
or view top-rated stocks among Wall Street analysts.

How have SON shares performed in 2023?

Sonoco Products' stock was trading at $60.71 at the start of the year. Since then, SON stock has increased by 0.0% and is now trading at $60.72.
View the best growth stocks for 2023 here
.

Are investors shorting Sonoco Products?

Sonoco Products saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 794,100 shares, a drop of 22.9% from the April 30th total of 1,030,000 shares. Based on an average trading volume of 462,100 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.8% of the shares of the stock are sold short.
View Sonoco Products' Short Interest
.

When is Sonoco Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our SON earnings forecast
.

How were Sonoco Products' earnings last quarter?

Sonoco Products (NYSE:SON) released its quarterly earnings results on Monday, May, 1st. The industrial products company reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.07. The industrial products company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.84 billion. Sonoco Products had a net margin of 6.93% and a trailing twelve-month return on equity of 29.17%. Sonoco Products's quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the business posted $1.85 earnings per share.

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

Sonoco Products declared a quarterly dividend on Wednesday, April 19th. Stockholders of record on Wednesday, May 10th will be paid a dividend of $0.51 per share on Friday, June 9th. This represents a $2.04 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend is Tuesday, May 9th. This is a positive change from the stock's previous quarterly dividend of $0.49.
Read our dividend analysis for SON
.

Is Sonoco Products a good dividend stock?

Sonoco Products (NYSE:SON) pays an annual dividend of $2.04 per share and currently has a dividend yield of 3.40%. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 40.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SON will have a dividend payout ratio of 33.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SON.

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

Sonoco Products issued an update on its FY23 earnings guidance on Monday, May, 1st. The company provided earnings per share guidance of $5.70-6.00 for the period, compared to the consensus earnings per share estimate of $5.79.

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

54 employees have rated Sonoco Products Chief Executive Officer R. Howard Coker on Glassdoor.com. R. Howard Coker has an approval rating of 86% among the company's employees.

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), Coca-Cola (KO), 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.87%), State Street Corp (8.40%), American Century Companies Inc. (2.30%), Victory Capital Management Inc. (2.27%), Bank of America Corp DE (2.18%) and Dimensional Fund Advisors LP (1.99%). Insiders that own company stock include Ernest D Haynes III, Ernest D Haynes III, Harold G Cummings III, James A Harrell III, Jeffrey S Tomaszewski, John M Florence, John M Florence, Julie C Albrecht, Robert R Hill Jr, Rodger D Fuller and Roger P Schrum.
View institutional ownership trends
.

How do I buy shares of Sonoco Products?

Shares of SON stock 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 $60.72.

How much money does Sonoco Products make?

Sonoco Products (NYSE:SON) has a market capitalization of $5.95 billion and generates $7.25 billion in revenue each year. The industrial products company earns $466.44 million in net income (profit) each year or $5.05 on an earnings per share basis.

How many employees does Sonoco Products have?

The company employs 22,000 workers across the globe.

Does Sonoco Products have any subsidiaries?
The following companies are subsidiares of Sonoco Products: 2103393 Ontario Inc., APEI UK Limited, APEI Unlimited IOM, Allied Packaging, Associated Packaging Technologies Inc., Ball Metalpack Holding LLC, Beteiligungen Sonoco Deutschland Vermogensverwaltungsgesellschaft mbh, CP Acquisition LLC, Can Packaging, Cap Liners Limited, Capseals Limited, Capseals Liners Limited, Cascades Sonoco Inc., Clear Lam Flexible Films (Nanjing) Co. Ltd., Clear Lam Packaging Inc., Clear Pack Co., Clear Pack Company, Colombiana P.M. LLC, Conitex Sonoco (BVI) Ltd., Conitex Sonoco (Mexico) S. de R.L. de C.V., Conitex Sonoco Hellas S.A., Conitex Sonoco Holding B.V., Conitex Sonoco Inc., Conitex Sonoco India Pvt. Ltd., Conitex Sonoco N.V., Conitex Sonoco Shanghai Ltd., Conitex Sonoco Suzhou Co. Ltd., Conitex Sonoco Taiwan Ltd., Conitex Sonoco USA Inc., Convex Mold Inc., Corenso Holdings America Inc., Corenso North America, Corenso Richmond LLC, Corepak Limited, CorrFlex Graphics LLC, Demolli Industria Cartaria S.p.A., Engraph Inc., Engraph Puerto Rico Inc., Fair Lawn Packaging Services LLC, Friarsgate Studio Limited, Graffo Paranaense De Embalagens S.A., Graffo Paranaense de Embalagens S/A, Grove Mill Paper Company Limited, Gunther of America Inc., Hartsville Corrugating LLC, Hayes Manufacturing Group, Highland Packaging Solutions, Highland Packaging Solutions LLC, Industrial Machine Co. Inc., Inversiones Sonoco Limitada, Italtubetti SpA, Laminar Medica, Laminar Medica (CE) s.r.o., Laminar Medica Limited, Manufacturas Sonoco S.A. de C.V., Matrix Packaging Inc., OOO Sonoco Alcore, PT Conitex Sonoco, PT Papcor Asia Pacific, PT Papertech Indonesia, PT Sonoco Indonesia, Packaging Holdings Inc., Papcor (Dezhou) Packaging Material Co. Ltd., Papertech Dezhou Co. Ltd., Papertech SL, PenPack LLC, Peninsula Packaging Company, Peninsula Packaging LLC, Penpack S. de R.L. de C.V., Phoenix Packaging Corp., Plastique Holdings LTD, SMB GmbH, SPC Capital Management Inc., SPC Liquidation LLC, SPC Management LLC, SPC Resources Inc., SR Holdings of the Carolinas LLC, Sebro Plastics Inc., Sonoco (Shanghai) Co. Ltd, Sonoco (Taicang) Packaging Co. Ltd, Sonoco (Weifang) Packaging Company Ltd., Sonoco Absorbent Technologies LLC, Sonoco Absorbent Technologies Limited, Sonoco Alcore - Demolli S.r.l., Sonoco Alcore AB, Sonoco Alcore GmbH, Sonoco Alcore N.V., Sonoco Alcore Nederland B.V., Sonoco Ambalaj Sanayi Ve Ticaret Limited Sirketi, Sonoco Asia Holding S.a.r.l., Sonoco Asia L.L.C., Sonoco Asia Management Company L.L.C., Sonoco Australia Pty Ltd, Sonoco Board Mills Limited, Sonoco Bonmati S.A.U., Sonoco Canada Corporation, Sonoco Capseals Liners Limited, Sonoco Comercial S. de R.L. de C.V., Sonoco Consumer Products Dordrecht B.V., Sonoco Consumer Products Europe GmbH, Sonoco Consumer Products Hellas S.A., Sonoco Consumer Products Limited, Sonoco Consumer Products Mechelen BVBA, Sonoco Consumer Products Montanay SAS, Sonoco Consumer Products Poland Sp. Z.O.O., Sonoco Consumer Products SAS, Sonoco Consumer Products South Africa (PTY) Ltd., Sonoco Consumer Products Zwenkau GmbH, Sonoco Cores and Paper Limited, Sonoco Deutschland GmbH, Sonoco Deutschland Holdings GmbH, Sonoco Development Inc., Sonoco Elk Grove Inc., Sonoco Embalagens Ltda., Sonoco Flexible Packaging Canada Corporation, Sonoco Flexible Packaging Co. Inc., Sonoco Graphics India Private Limited, Sonoco Hickory Inc., Sonoco Holdings Inc., Sonoco Holdings UK Limited, Sonoco Hutchinson LLC, Sonoco IPD France SAS, Sonoco Iberia S.L.U., Sonoco International Holdings GmbH, Sonoco JV GmbH & Co. KG, Sonoco Kaiping Packaging Co. Ltd., Sonoco Limited, Sonoco Luxembourg Holding S.a.r.l., Sonoco Luxembourg S.a.r.l., Sonoco Milnrow, Sonoco Netherlands Holding II BV, Sonoco Netherlands Holding III BV, Sonoco New Zealand Limited, Sonoco Operadora S. de R.L. de C.V., Sonoco Packaging Limited, Sonoco Packaging Tapes Limited, Sonoco Paper Mill & IPD Hellas SA, Sonoco Paperboard Group LLC, Sonoco Partitions Inc., Sonoco Phoenix LLC, Sonoco Pina S.A.U., Sonoco Plastics B.V., Sonoco Plastics Canada ULC, Sonoco Plastics Germany GmbH, Sonoco Plastics Inc., Sonoco Poland Holdings B.V., Sonoco Polysack A/S Inc., Sonoco Polysack Limited, Sonoco Products Company UK, Sonoco Products Malaysia Sdn Bhd, Sonoco Protective Solutions Inc., Sonoco Recycling - International Trade Group LLC, Sonoco Recycling LLC, Sonoco Reels Limited, Sonoco Retail Packaging S. de R.L. de C.V., Sonoco S.A. de C.V., Sonoco SAS, Sonoco Saudi Limited Company, Sonoco Services LLC, Sonoco Singapore Pte. Ltd., Sonoco TEQ Holdings Ltd, Sonoco TEQ LLC, Sonoco TEQ Ltd, Sonoco TEQ Sp. Z.o.o, Sonoco Taiwan Ltd, Sonoco Thailand Ltd, Sonoco UK Leasing Limited, Sonoco Venezolana C.A., Sonoco Venture International Holdings GmbH, Sonoco Ventures UK Limited, Sonoco Wisconsin Rapids Core Plant LLC, Sonoco Wisconsin Rapids Inc., Sonoco Wisconsin Rapids Paper Mill LLC, Sonoco Yatai Pinghu Packaging Co Ltd, Sonoco de Colombia Ltda, Sonoco do Brasil Participacoes Ltda, Sonoco do Brazil Ltda, Sonoco of Puerto RicoInc., Sonoco-Alcore AS, Sonoco-Alcore Oy, Sonoco-Alcore S.a.r.l., Sonoco-Alcore Sp. Z.O.O., Sonoco-Engraph Puerto Rico Inc., TPT Limited, Tegrant Alloyd Brands Inc., Tegrant Corporation, Tegrant International Inc., Tegrant Property Holdings LLC, Tegrant de Mexico S.A. de C.V., ThermoSafe Brands Asia PTE LTD., ThermoSafe Brands Europe Ltd., Thermoform Engineered Quality LLC, Trident Graphics Canada Corporation, Trident Graphics NA LLC, Tubo-Tec Nordeste Industria, TuboTec, U.S. Paper Mills Corp., Weidenhammer Chile Ltda., Weidenhammer Packaging Group, Weidenhammer UK Ltd., and Wisenberg U.S. Inc..
Read More
How can I contact Sonoco Products?

Sonoco Products' mailing address is 1 NORTH SECOND STREET, HARTSVILLE SC, 29550. The official website for the company is www.sonoco.com. The industrial products company can be reached via phone at (843) 383-7000, via email at roger.schrum@sonoco.com, or via fax at 512-416-9669.

This page (NYSE:SON) was last updated on 5/27/2023 by MarketBeat.com Staff

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