Silgan Holdings Inc. (NYSE:SLGN) Stock Has Consensus Price Target of $52.60

Silgan Holdings Inc. (NYSE:SLGN) has received a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $52.60.

A number of research firms recently issued reports on SLGN. Raymond James Financial reaffirmed an “outperform” rating and set a $59.00 target price on shares of Silgan in a report on Wednesday, July 15th. UBS Group set a $38.00 price target on shares of Silgan and gave the company a “neutral” rating in a report on Monday. Citigroup reduced their price objective on shares of Silgan from $54.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, October 2nd. Royal Bank Of Canada raised shares of Silgan from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $51.00 to $58.00 in a research note on Thursday, August 13th. Finally, Bank of America boosted their target price on shares of Silgan from $53.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th.

Silgan Stock Performance

SLGN opened at $35.50 on Wednesday. The business has a 50 day moving average price of $39.32 and a two-hundred day moving average price of $40.52. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.27 and a quick ratio of 0.80. The company has a market capitalization of $3.75 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 2.08 and a beta of 0.67. Silgan has a 1-year low of $33.70 and a 1-year high of $49.55.

Silgan (NYSE:SLGN) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. Silgan had a return on equity of 16.74% and a net margin of 4.05%. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same period last year, the firm earned $1.01 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. Research analysts predict that Silgan will post 3.82 EPS for the current fiscal year.

Silgan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.21 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.84 annualized dividend and a yield of 2.4%. Silgan’s payout ratio is 32.94%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. QRG Capital Management Inc. raised its position in shares of Silgan by 5.1% during the second quarter. QRG Capital Management Inc. now owns 28,396 shares of the industrial products company’s stock worth $1,317,000 after purchasing an additional 1,388 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Silgan by 30.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 26,191 shares of the industrial products company’s stock valued at $1,215,000 after purchasing an additional 6,125 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Silgan in the 2nd quarter valued at $33,000. Nykredit A S acquired a new position in shares of Silgan in the 2nd quarter valued at $168,000. Finally, Parkside Financial Bank & Trust increased its stake in Silgan by 105.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 627 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 322 shares in the last quarter. Institutional investors own 70.25% of the company’s stock.

About Silgan

Silgan Holdings Inc (NYSE: SLGN) is a manufacturer of rigid packaging for consumer goods. The company produces metal containers, plastic containers, closures and dispensing systems used to package food, pet food, beverages, household products, personal-care items, chemicals, paints and other products.

Silgan’s business is organized around metal containers, closures and dispensing systems. Its products include steel cans, plastic containers, caps, lids, pumps, sprayers and other dispensing components.