Silgan (NYSE:SLGN – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.740-0.840 for the period, compared to the consensus estimate of 0.780. The company issued revenue guidance of -. Silgan also updated its FY 2025 guidance to 4.000-4.200 EPS.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on SLGN. Royal Bank of Canada raised their price objective on Silgan from $58.00 to $63.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. StockNews.com lowered shares of Silgan from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Truist Financial increased their price objective on shares of Silgan from $63.00 to $69.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Finally, Bank of America lifted their target price on Silgan from $60.00 to $61.00 and gave the company a “buy” rating in a research note on Monday, January 6th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Silgan presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.75.
View Our Latest Stock Analysis on SLGN
Silgan Stock Performance
Silgan (NYSE:SLGN – Get Free Report) last announced its earnings results on Wednesday, October 30th. The industrial products company reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.02). Silgan had a net margin of 5.11% and a return on equity of 18.76%. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the firm earned $1.16 EPS. The firm’s revenue was down 3.2% on a year-over-year basis. On average, analysts predict that Silgan will post 3.6 earnings per share for the current year.
Silgan Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend was Monday, December 2nd. Silgan’s payout ratio is currently 27.54%.
Silgan Company Profile
Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.
Featured Stories
- Five stocks we like better than Silgan
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- American Airlines: Industry Headwinds or Internal Flaws?
- How Can Investors Benefit From After-Hours Trading
- 3 Trucking Stocks Leading the Way in Market Momentum
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- 3 Stocks to Gain From Trump’s Family Caregiver Tax Credits
Receive News & Ratings for Silgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silgan and related companies with MarketBeat.com's FREE daily email newsletter.