Silgan (NYSE:SLGN) Releases Q3 2026 Earnings Guidance

Silgan (NYSE:SLGN) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.210-1.310 for the period, compared to the consensus earnings per share estimate of 1.280. The company issued revenue guidance of -. Silgan also updated its FY 2026 guidance to 3.730-3.930 EPS.

Silgan Stock Up 3.2%

Shares of NYSE SLGN opened at $48.06 on Wednesday. The company’s 50-day simple moving average is $42.38 and its 200-day simple moving average is $42.51. Silgan has a 52-week low of $35.68 and a 52-week high of $55.92. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 2.56 and a beta of 0.66. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 1.58.

Silgan (NYSE:SLGN) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 earnings per share. Equities analysts predict that Silgan will post 3.79 EPS for the current fiscal year.

Silgan Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, June 1st. Silgan’s dividend payout ratio is 31.58%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on SLGN shares. Truist Financial decreased their price objective on shares of Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Raymond James Financial reiterated an “outperform” rating and set a $59.00 price objective on shares of Silgan in a research note on Wednesday, July 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $51.00 price target (up from $49.00) on shares of Silgan in a report on Thursday, July 9th. UBS Group dropped their price target on Silgan from $46.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $56.00 price target (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $53.00.

Institutional Investors Weigh In On Silgan

A number of institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its position in Silgan by 1.2% during the first quarter. Royal Bank of Canada now owns 43,734 shares of the industrial products company’s stock worth $2,235,000 after acquiring an additional 510 shares during the period. AQR Capital Management LLC lifted its holdings in Silgan by 94.7% during the first quarter. AQR Capital Management LLC now owns 89,117 shares of the industrial products company’s stock valued at $4,477,000 after purchasing an additional 43,338 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Silgan in the first quarter valued at about $54,000. NewEdge Advisors LLC grew its position in shares of Silgan by 332.3% in the first quarter. NewEdge Advisors LLC now owns 6,459 shares of the industrial products company’s stock valued at $330,000 after purchasing an additional 4,965 shares during the period. Finally, United Services Automobile Association purchased a new stake in shares of Silgan during the first quarter worth about $264,000. 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.