Silgan (NYSE:SLGN) Issues Q3 2026 Earnings Guidance

Silgan (NYSE:SLGNGet Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.210-1.310 for the period, compared to the consensus EPS 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 Performance

SLGN stock traded down $1.82 during midday trading on Thursday, reaching $40.83. The stock had a trading volume of 1,018,587 shares, compared to its average volume of 989,790. The firm has a fifty day simple moving average of $42.47 and a two-hundred day simple moving average of $42.52. Silgan has a 52-week low of $35.68 and a 52-week 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 1.26. The stock has a market cap of $4.31 billion, a PE ratio of 15.39, a P/E/G ratio of 2.64 and a beta of 0.66.

Silgan (NYSE:SLGNGet Free Report) last posted its quarterly 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 business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. Silgan had a return on equity of 17.22% and a net margin of 4.31%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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, equities research analysts anticipate that Silgan will post 3.79 EPS for the current year.

Silgan Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.21 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.84 dividend on an annualized basis and a yield of 2.1%. Silgan’s dividend payout ratio is currently 31.58%.

Analyst Ratings Changes

SLGN has been the topic of several research reports. Truist Financial cut their price target 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 restated 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 objective (up from $49.00) on shares of Silgan in a report on Thursday, July 9th. Wells Fargo & Company reiterated an “overweight” rating and issued a $56.00 price objective (up from $55.00) on shares of Silgan in a research note on Thursday, April 30th. Finally, UBS Group set a $47.00 target price on shares of Silgan in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Silgan currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.30.

Check Out Our Latest Stock Report on SLGN

Key Headlines Impacting Silgan

Here are the key news stories impacting Silgan this week:

  • Positive Sentiment: Second-quarter results beat estimates. Silgan reported adjusted EPS of $0.98 versus the $0.96 consensus estimate and revenue of $1.64 billion versus expectations of $1.62 billion. Revenue increased 6.8% year over year, indicating solid demand and execution across its packaging businesses. Silgan Holdings Q2 Adjusted Earnings Fall, Revenue Rise; Issues Q3, Full-Year Outlook
  • Positive Sentiment: Full-year guidance remains broadly in line with expectations. Silgan forecast fiscal 2026 EPS of $3.73-$3.93, with the midpoint slightly above the $3.80 analyst consensus. This suggests management continues to expect profitable growth despite challenging market conditions. Silgan Holdings Q2 Earnings and Revenues Surpass Estimates
  • Neutral Sentiment: Analysts see additional upside. Analysts cited in one report set a $53 price target, well above the recent trading level, although the target does not offset concerns about the company’s immediate earnings outlook. Analysts Set Silgan Holdings Inc. Target Price at $53.00
  • Negative Sentiment: Third-quarter guidance was viewed as soft. Silgan expects Q3 EPS of $1.21-$1.31, below or only slightly above the $1.28 consensus at the midpoint. The cautious outlook, along with Q2 EPS declining from $1.01 in the prior-year quarter, prompted investors to focus on potential margin and demand pressure. Silgan Holdings Drops to Seven-Week Low on Soft Q3 Outlook

Institutional Trading of Silgan

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SLGN. Numerai GP LLC acquired a new position in shares of Silgan in the fourth quarter worth about $307,000. United Services Automobile Association acquired a new stake in shares of Silgan during the 1st quarter valued at about $264,000. Creative Planning grew its position in shares of Silgan by 13.5% during the 2nd quarter. Creative Planning now owns 4,500 shares of the industrial products company’s stock valued at $244,000 after acquiring an additional 536 shares during the period. Brooklyn Investment Group purchased a new position in shares of Silgan in the 4th quarter valued at about $228,000. Finally, Osaic Holdings Inc. increased its stake in shares of Silgan by 18.0% in the 2nd quarter. Osaic Holdings Inc. now owns 4,162 shares of the industrial products company’s stock valued at $225,000 after purchasing an additional 636 shares in the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

About Silgan

(Get Free Report)

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.

Read More

Receive News & Ratings for Silgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silgan and related companies with MarketBeat.com's FREE daily email newsletter.