Silgan Holdings Inc. (NYSE:SLGN – Get Free Report) has received an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $54.00.
Several equities analysts recently issued reports on SLGN shares. Royal Bank Of Canada raised shares of Silgan from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $51.00 to $58.00 in a research note on Thursday, August 13th. Truist Financial lowered their target price on shares of Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. BMO Capital Markets initiated coverage on Silgan in a report on Thursday, July 16th. They issued an “outperform” rating and a $57.00 price target for the company. UBS Group set a $47.00 price target on Silgan and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Finally, Citigroup decreased their price objective on Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th.
Check Out Our Latest Stock Report on Silgan
Institutional Investors Weigh In On Silgan
Silgan Stock Performance
NYSE SLGN opened at $42.54 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.27 and a debt-to-equity ratio of 1.54. Silgan has a fifty-two week low of $35.68 and a fifty-two week high of $49.55. The business has a fifty day moving average of $43.74 and a 200-day moving average of $42.35. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 2.47 and a beta of 0.68.
Silgan (NYSE:SLGN – Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.62 billion. Silgan had a net margin of 4.05% and a return on equity of 16.74%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 EPS. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. As a group, analysts predict that Silgan will post 3.82 earnings per share for the current fiscal year.
Silgan Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.0%. Silgan’s dividend payout ratio is currently 32.94%.
About Silgan
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.
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