Silgan (NYSE:SLGN) Updates FY 2026 Earnings Guidance

Silgan (NYSE:SLGNGet Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.730-3.930 for the period, compared to the consensus earnings per share estimate of 3.800. The company issued revenue guidance of -. Silgan also updated its Q3 2026 guidance to 1.210-1.310 EPS.

Silgan Stock Performance

Shares of NYSE SLGN opened at $48.06 on Wednesday. The business has a fifty day simple moving average of $42.38 and a 200 day simple moving average of $42.51. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 2.56 and a beta of 0.66. Silgan has a one year low of $35.68 and a one year high of $55.92.

Silgan (NYSE:SLGNGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.69 earnings per share. Sell-side analysts expect that Silgan will post 3.79 EPS for the current year.

Silgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. Silgan’s dividend payout ratio (DPR) is presently 31.58%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Truist Financial lowered their target price on shares of Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Bank of America raised their price target on shares of Silgan from $53.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $51.00 price objective (up from $49.00) on shares of Silgan in a research note on Thursday, July 9th. Wells Fargo & Company reissued an “overweight” rating and issued a $56.00 target price (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. Finally, Raymond James Financial restated an “outperform” rating and set a $59.00 target price on shares of Silgan in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $53.00.

View Our Latest Analysis on SLGN

Hedge Funds Weigh In On Silgan

Institutional investors have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in Silgan during the third quarter worth about $33,000. EverSource Wealth Advisors LLC grew its position in Silgan by 627.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 577 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Silgan during the 1st quarter valued at $54,000. UMB Bank n.a. raised its position in Silgan by 2,609.1% in the 4th quarter. UMB Bank n.a. now owns 2,086 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 2,009 shares during the last quarter. Finally, Virtus Advisers LLC acquired a new position in Silgan in the third quarter worth $137,000. 70.25% of the stock is owned by institutional investors.

Silgan Company Profile

(Get Free Report)

Silgan Holdings Inc (NYSE: SLGN) is a leading supplier of rigid packaging solutions for consumer goods manufacturers. The company’s core business activities center on the design, production and distribution of metal and plastic containers, closures and dispense systems. Silgan serves a broad array of end markets, including food and beverage, home and personal care, health care and industrial products, providing both standard and custom packaging formats.

Founded in 1987 and headquartered in Stamford, Connecticut, Silgan has grown organically and through strategic acquisitions to establish a global manufacturing footprint.

Further Reading

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