Silgan (NYSE:SLGN) Issues FY 2026 Earnings Guidance

Silgan (NYSE:SLGN) updated its FY 2026 earnings guidance on Wednesday. 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 Down 3.7%

Shares of SLGN opened at $41.09 on Friday. The stock has a 50 day moving average price of $42.53 and a 200 day moving average price of $42.51. Silgan has a one year low of $35.68 and a one year high of $49.55. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.78 and a current ratio of 0.53. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 2.34 and a beta of 0.66.

Silgan (NYSE:SLGN) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.62 billion. During the same quarter last year, the firm posted $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. Equities research analysts forecast that Silgan will post 3.79 earnings per share for the current fiscal year.

Silgan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, June 1st. Silgan’s dividend payout ratio is currently 31.58%.

Analysts Set New Price Targets

SLGN has been the topic of several recent research reports. Raymond James Financial restated an “outperform” rating and set a $59.00 target price on shares of Silgan in a report on Wednesday, July 15th. Truist Financial reduced their price objective on Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Weiss Ratings raised Silgan from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. JPMorgan Chase & Co. dropped their price objective on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $51.00 target price (up from $49.00) on shares of Silgan in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $53.30.

Institutional Trading of Silgan

Several hedge funds have recently made changes to their positions in SLGN. Measured Wealth Private Client Group LLC purchased a new position in shares of Silgan in the third quarter valued at approximately $33,000. EverSource Wealth Advisors LLC increased its stake 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 buying an additional 577 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Silgan during the 1st quarter worth approximately $54,000. UMB Bank n.a. lifted its holdings in Silgan by 2,609.1% during the 4th quarter. UMB Bank n.a. now owns 2,086 shares of the industrial products company’s stock worth $84,000 after buying an additional 2,009 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new position in Silgan in the 3rd quarter valued at approximately $137,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Company Profile

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.