Sonoco Products (NYSE:SON) Announces FY 2026 Earnings Guidance

Sonoco Products (NYSE:SON) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 5.300-5.500 for the period, compared to the consensus earnings per share estimate of 5.730. The company issued revenue guidance of $7.2 billion-$7.4 billion, compared to the consensus revenue estimate of $7.4 billion.

Sonoco Products Stock Down 0.8%

NYSE SON traded down $0.38 during mid-day trading on Friday, reaching $49.89. The stock had a trading volume of 863,597 shares, compared to its average volume of 1,166,570. The stock has a market cap of $4.93 billion, a PE ratio of 7.93, a price-to-earnings-growth ratio of 1.44 and a beta of 0.35. Sonoco Products has a 1 year low of $38.65 and a 1 year high of $60.67. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.99 and a quick ratio of 0.55. The company has a fifty day moving average price of $51.52 and a 200 day moving average price of $52.55.

Sonoco Products (NYSE:SON) last posted its earnings results on Wednesday, October 21st. The industrial products company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.07). Sonoco Products had a positive return on equity of 15.51% and a negative net margin of 3.08%. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same period in the previous year, the business posted $1.92 EPS. The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. On average, research analysts expect that Sonoco Products will post 5.64 earnings per share for the current year.

Sonoco Products Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be issued a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 4.3%. The ex-dividend date is Tuesday, November 10th. Sonoco Products’s dividend payout ratio (DPR) is presently 34.34%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Bank of America lowered Sonoco Products from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $69.00 to $60.00 in a research report on Thursday, September 3rd. UBS Group decreased their price objective on shares of Sonoco Products from $61.00 to $51.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Weiss Ratings downgraded shares of Sonoco Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 11th. Wells Fargo & Company dropped their target price on shares of Sonoco Products from $56.00 to $53.00 and set an “equal weight” rating on the stock in a report on Monday. Finally, Citigroup lifted their target price on shares of Sonoco Products from $63.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Sonoco Products has an average rating of “Hold” and an average target price of $58.89.

Sonoco Products Company Profile

Sonoco Products Company is a global packaging company headquartered in Hartsville, South Carolina. Founded in 1899 as the Southern Novelty Company, it has developed from a producer of paper cones for the textile industry into a diversified provider of packaging solutions serving consumer, industrial and commercial customers.

The company manufactures a broad range of products, including composite cans and tubes, paperboard packaging, flexible packaging, thermoformed packaging, rigid plastic containers, protective packaging and packaging components.