Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through four segments: Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. The Consumer Packaging segment offers composite and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures.
Read More…
Industry, Sector and Symbol
Industry Paperboard containers & boxes
Sub-IndustryPaper Packaging
SectorIndustrial Products
Phone843-383-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.39 billion
Profitability
Miscellaneous
Employees23,000
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable
Sonoco Products (NYSE:SON) Frequently Asked Questions
What is Sonoco Products' stock symbol?
Sonoco Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "SON."
How often does Sonoco Products pay dividends? What is the dividend yield for Sonoco Products?
Sonoco Products announced a quarterly dividend on Monday, October 14th. Stockholders of record on Friday, November 8th will be given a dividend of $0.43 per share on Tuesday, December 10th. This represents a $1.72 annualized dividend and a dividend yield of 2.95%. The ex-dividend date is Thursday, November 7th. View Sonoco Products' Dividend History.
How were Sonoco Products' earnings last quarter?
Sonoco Products Co (NYSE:SON) posted its earnings results on Thursday, October, 17th. The industrial products company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.91 by $0.06. The industrial products company earned $1.35 billion during the quarter, compared to analyst estimates of $1.39 billion. Sonoco Products had a return on equity of 20.08% and a net margin of 5.99%. Sonoco Products's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.86 EPS. View Sonoco Products' Earnings History.
When is Sonoco Products' next earnings date?
What guidance has Sonoco Products issued on next quarter's earnings?
Sonoco Products issued an update on its FY19 earnings guidance on Thursday, October, 17th. The company provided earnings per share (EPS) guidance of $3.50-5.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.55.
What price target have analysts set for SON?
9 analysts have issued 12 month price objectives for Sonoco Products' stock. 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 4.9% from the stock's current price. View Analyst Price Targets for Sonoco Products.
What is the consensus analysts' recommendation 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, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonoco Products.
What are Wall Street analysts saying about Sonoco Products stock?
Here are some recent quotes from research analysts about Sonoco Products stock:
- 1. KeyCorp analysts commented, "We think SON remains a solid defensive holding; only valuation keeps us on the sidelines." (7/18/2019)
- 2. According to Zacks Investment Research, "Sonoco revised fourth-quarter and fiscal 2018 guidance due to the receipt of business interruption insurance proceeds in the fourth quarter associated with the impact of flooding on operations owing to Hurricane Florence in September. The company anticipates delivering a record performance on all counts — sales, operating profit, earnings, operating cash flow and free cash flow, in 2018. The 2018 earnings per share guidance is at $3.32-$3.38, reflecting a year-over-year increase of 20%. The company will gain from acquisitions, development of new products and cost control. The company has a positive record of earnings surpises over the last few quarters. It has outperformed the industry over the past year. However, impact of tariffs on steel, aluminum and other products and inflationary cost pressure from higher freight, wages, energy and elevated cost for materials will continue to hurt Sonoco's results." (12/31/2018)
Has Sonoco Products been receiving favorable news coverage?
Media headlines about SON stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media 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 daily sentiment score of 0.3 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Sonoco Products.
Who are some of Sonoco Products' key competitors?
What other stocks do shareholders of Sonoco Products own?
Who are Sonoco Products' key executives?
Sonoco Products' management team includes the folowing people:
- Mr. Harris E. DeLoach Jr., Exec. Chairman (Age 74)
- Mr. Robert C. Tiede, Pres, CEO & Director (Age 60)
- Mr. Rodger D. Fuller, Sr. VP of Global Consumer Packaging, Display & Packaging and Protective Solutions (Age 57)
- Mr. Robert Howard Coker, Sr. VP of Global Paper & Industrial Converted Products (Age 56)
- Ms. Julie C. Albrecht, VP & CFO (Age 51)
Who are Sonoco Products' major shareholders?
Sonoco Products' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Speece Thorson Capital Group Inc. (0.24%), Robeco Institutional Asset Management B.V. (0.20%), Gateway Investment Advisers LLC (0.12%), Assenagon Asset Management S.A. (0.06%), Stephens Inc. AR (0.05%) and Hennessy Advisors Inc. (0.05%). Company insiders that own Sonoco Products stock include Allan H Mcleland, Barry L Saunders, 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.
Which institutional investors are selling Sonoco Products stock?
SON stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Carroll Financial Associates Inc., Old North State Trust LLC, First Midwest Bank Trust Division, Pacer Advisors Inc. and Hanson & Doremus Investment Management. Company insiders that have sold Sonoco Products company stock in the last year include Allan H Mcleland, Barry L Saunders, 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.
Which institutional investors are buying Sonoco Products stock?
SON stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Speece Thorson Capital Group Inc., Park Avenue Securities LLC, Campbell & CO Investment Adviser LLC, Advisor Partners LLC, Envestnet Asset Management Inc., Navellier & Associates Inc and Strs Ohio. View Insider Buying and Selling for Sonoco Products.
How do I buy shares of 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.
What is Sonoco Products' stock price today?
One share of SON stock can currently be purchased for approximately $58.34.
How big of a company is Sonoco Products?
Sonoco Products has a market capitalization of $5.84 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.
What is Sonoco Products' official website?
How can I contact Sonoco Products?
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]
MarketBeat Community Rating for Sonoco Products (NYSE SON)
MarketBeat's community ratings are surveys of what our community members think about Sonoco Products and other stocks. Vote "Outperform" if you believe SON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SON will underperform the S&P 500 over the long term. You may vote once every thirty days.
