Silgan (NYSE:SLGN) Updates Q3 2026 Earnings Guidance

Silgan (NYSE:SLGN) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share 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 Trading Down 3.7%

NYSE:SLGN opened at $41.09 on Friday. The stock has a market cap of $4.34 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 2.34 and a beta of 0.66. The company has a quick ratio of 0.78, a current ratio of 0.53 and a debt-to-equity ratio of 1.58. The company’s 50 day moving average price is $42.53 and its 200-day moving average price is $42.51. Silgan has a 52 week low of $35.68 and a 52 week high of $49.55.

Silgan (NYSE:SLGN) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.62 billion. Silgan had a return on equity of 16.74% and a net margin of 4.05%.Silgan’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, equities research analysts forecast that Silgan will post 3.79 earnings per share for the current fiscal year.

Silgan Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued 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 payout ratio is currently 31.58%.

Wall Street Analysts Forecast Growth

SLGN has been the subject of several recent analyst reports. JPMorgan Chase & Co. dropped their target price 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. BMO Capital Markets began coverage on Silgan in a report on Thursday, July 16th. They issued an “outperform” rating and a $57.00 price target on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $51.00 price objective (up from $49.00) on shares of Silgan in a report on Thursday, July 9th. Wells Fargo & Company reissued an “overweight” rating and issued a $56.00 target price (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. Finally, Bank of America boosted their price target on shares of Silgan from $53.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. One equities research 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $53.30.

Institutional Investors Weigh In On Silgan

Several large investors have recently added to or reduced their stakes in SLGN. EverSource Wealth Advisors LLC lifted its position in shares of Silgan by 627.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 577 shares during the period. Measured Wealth Private Client Group LLC bought a new position in Silgan in the third quarter worth approximately $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Silgan during the first quarter worth $54,000. UMB Bank n.a. boosted its position 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 valued at $84,000 after acquiring an additional 2,009 shares in the last quarter. Finally, Virtus Advisers LLC bought a new position in shares of Silgan in the 3rd quarter worth $137,000. 70.25% of the stock is owned by hedge funds and other institutional investors.

About Silgan

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.