Sonoco Products Company (SON)

NYSE: SON · Real-Time Price · USD
49.97
+0.78 (1.59%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.59%
Market Cap 4.91B
Revenue (ttm) 6.57B
Net Income (ttm) 288.15M
Shares Out 98.26M
EPS (ttm) 2.91
PE Ratio 17.16
Forward PE 9.03
Dividend $2.08 (4.16%)
Ex-Dividend Date Nov 8, 2024
Volume 439,998
Open 49.20
Previous Close 49.19
Day's Range 49.01 - 50.23
52-Week Range 48.22 - 61.73
Beta 0.68
Analysts Buy
Price Target 58.00 (+16.07%)
Earnings Date Oct 31, 2024

About SON

Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Indust... [Read more]

Founded 1899
Employees 23,000
Stock Exchange NYSE
Ticker Symbol SON
Full Company Profile

Financial Performance

In 2023, Sonoco Products Company's revenue was $6.78 billion, a decrease of -6.47% compared to the previous year's $7.25 billion. Earnings were $474.96 million, an increase of 1.83%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SON stock is "Buy." The 12-month stock price forecast is $58.0, which is an increase of 16.07% from the latest price.

Price Target
$58.0
(16.07% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top Dividend Aristocrats To Buy Now After The Trump Sweep

A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer...

Other symbols: GPCPIIPPGTGT
12 days ago - Seeking Alpha

Sonoco Products Company (SON) Q3 2024 Earnings Call Transcript

Sonoco Products Company (NYSE:SON) Q3 2024 Earnings Call Transcript November 1, 2024 8:30 AM ET Company Participants Lisa Weeks - VP of IR Howard Coker - President and CEO Rob Dillard - CFO Rodger Fu...

19 days ago - Seeking Alpha

Sonoco Reports Third Quarter 2024 Results

HARTSVILLE, S.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial...

20 days ago - GlobeNewsWire

Protect Your Retirement With 7% Yielding Dividend Aristocrats

The stock market is trading near record highs after a 22% rally that has many investors worried about an imminent correction. Goldman Sachs just predicted a lost decade for stocks, but the market is a...

Other symbols: BTIEPDMONWN
27 days ago - Seeking Alpha

Sonoco Declares Regular Quarterly Common Stock Dividend

HARTSVILLE, S.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on December ...

5 weeks ago - GlobeNewsWire

Sonoco Announces Pricing of $1.8 Billion of Senior Unsecured Notes

HARTSVILLE, S.C., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has p...

2 months ago - GlobeNewsWire

Sonoco Announces Review of Strategic Alternatives for the Thermoformed & Flexibles Packaging Business as Part of Further Portfolio Simplification

HARTSVILLE, S.C., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has i...

2 months ago - GlobeNewsWire

Wall Street's Most Accurate Analysts Spotlight On 3 Materials Stocks With Over 4% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: CMPDOW
3 months ago - Benzinga

Sonoco Products Company (SON) Q2 2024 Earnings Call Transcript

Sonoco Products Company (NYSE:SON) Q2 2024 Results Conference Call August 1, 2024 9:30 AM ET Company Participants Lisa Weeks - VP of Investor Relations & Corporate Affairs Howard Coker - President, C...

3 months ago - Seeking Alpha

Sonoco Reports Second Quarter 2024 Results

HARTSVILLE, S.C., July 31, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial...

4 months ago - GlobeNewsWire

Paired Power Installs Resilient Off-Grid Solar Electric Vehicle Charger for Sonoco in South Carolina

HARTSVILLE, S.C.--(BUSINESS WIRE)--Today, Paired Power, a leading U.S. solar microgrid electric vehicle charger manufacturer announces its installation of its PairTree EV charger for Sonoco (NYSE: SON...

4 months ago - Business Wire

Sonoco To Report Second Quarter 2024 Results

HARTSVLLE, S.C., July 24, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), one of the largest global sustainable packaging companies, will announce second quart...

4 months ago - GlobeNewsWire

Sonoco Products: A Big Deal Creates Some Uncertainty

Sonoco Products Company's shares have come under pressure after a big acquisition, as a poor share price reaction prices-in a lot of bad news. The company has a long heritage, being founded in 1899, a...

4 months ago - Seeking Alpha

Sonoco Products: Selloff Is Overdone, Buy To Lock In 4.2% Yield

The market is focusing solely on the potential negatives of the Eviosys acquisition while ignoring the accretive earnings forecast. Sonoco's investments in automation and operational efficiency underp...

4 months ago - Seeking Alpha

Packaging firm Sonoco Products to buy Eviosys in $3.9 bln deal

Sonoco Products said on Monday it would buy European food cans maker Eviosys from private equity group KPS Capital Partners in a $3.9 billion deal, to expand its metal and aerosol packaging business.

5 months ago - Reuters

Sonoco paying $3.9B for European food can company Eviosys

Sonoco Products Co. SON, -1.52% said Monday it agreed to pay $3.9 billion to KPS Capital Partners LP to buy Eviosys, a 6,300-employee food can and closure maker based in Europe. Sonoco said the transa...

5 months ago - Market Watch

KPS CAPITAL PARTNERS TO SELL EVIOSYS TO SONOCO FOR €3.615 BILLION

NEW YORK , June 24, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into an agreement for its portfolio company, Eviosys (the "Company"), to be sold to Sonoco...

Other symbols: CCK
5 months ago - PRNewsWire

Sonoco to Acquire Eviosys, Creating The World's Leading Metal Food Can and Aerosol Packaging Platform

Advances Sonoco's Shareholder Value Creation Strategy Through Disciplined and High Return Capital Investment Transaction Value of Approximately $3.9 Billion Represents a Multiple of 7.3x 2024 Expected...

5 months ago - GlobeNewsWire

Sonoco Implementing Price Increase for all Paperboard Converted Products in North America and Canada

HARTSVILLE, S.C., June 17, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it will raise the price for all converted paperboard products by a minimum of 6 percent, effective with shipments...

5 months ago - GlobeNewsWire

Sonoco Implementing Increase for Uncoated Recycled Paperboard in the U.S. and Canada

HARTSVILLE, S.C., June 10, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the Unite...

5 months ago - GlobeNewsWire

Sonoco-Alcore to Increase Tube & Core Prices in the EMEA Region

BRUSSELS, June 06, 2024 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. announced today that due to continued inflationary pressure on the business, it will raise prices by 7% on all tube and core grades s...

6 months ago - GlobeNewsWire

Sonoco To Implement Further Price Increase for Core Board and Paperboard in Europe

BRUSSELS, Belgium, June 04, 2024 (GLOBE NEWSWIRE) -- Following the announcement of 25th March 2024, Sonoco (NYSE: SON) today announced it is implementing a further price increase as input costs have c...

6 months ago - GlobeNewsWire

Sonoco Announces New, State-of-the-Art, Technical and Engineering Center for Metal Packaging Innovation

HARTSVILLE, S.C., May 30, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco”) (NYSE: SON), one of the largest sustainable global packaging companies, today announced the grand opening of a new...

6 months ago - GlobeNewsWire

Sonoco Announces Retirement of Diversified Business Leader

HARTSVILLE, S.C., May 14, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today announced the upcom...

6 months ago - GlobeNewsWire

Sonoco ISCC PLUS Certification Promotes Flexible Packaging Circularity

HARTSVILLE, S.C., May 13, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, is pleased to announce tha...

6 months ago - GlobeNewsWire