Sonoco Products Company (SON)

NYSE: SON · IEX Real-Time Price · USD
59.85
+0.13 (0.22%)
Mar 30, 2023, 1:58 PM EDT - Market open
0.22%
Market Cap 5.87B
Revenue (ttm) 7.25B
Net Income (ttm) 466.44M
Shares Out 97.95M
EPS (ttm) 4.72
PE Ratio 12.70
Forward PE 10.99
Dividend $1.96 (3.28%)
Ex-Dividend Date Feb 21, 2023
Volume 130,456
Open 60.08
Previous Close 59.72
Day's Range 59.71 - 60.27
52-Week Range 51.52 - 67.06
Beta 0.70
Analysts Buy
Price Target 67.32 (+12.48%)
Earnings Date May 2, 2023

About SON

Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through two segments: Consumer Packaging and Industrial Paper Packaging. The Consumer Packaging segment round and shaped rigid paper containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and global brand artwork management. The Industrial Paper Packaging segment provides f... [Read more]

Founded 1899
Employees 22,000
Stock Exchange NYSE
Ticker Symbol SON
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for SON stock is "Buy." The 12-month stock price forecast is $67.32, which is an increase of 12.48% from the latest price.

Price Target
$67.32
(12.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

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: IFFTROX
5 hours ago - Benzinga

Sonoco Partners with GreenGasUSA to Reduce Emissions and Provide Renewable Energy

HARTSVILLE, S.C., March 29, 2023 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) has upgraded its Hartsville wastewater treatment site to significantly reduce carbon emissions. The company began treating waste...

21 hours ago - GlobeNewsWire

Sonoco (SON) Raises Q1 Earnings Outlook on Higher Demand

Sonoco (SON) raises its outlook for the first quarter of 2023 on improved performance.

1 week ago - Zacks Investment Research

Sonoco Raises First-Quarter 2023 Financial Guidance

HARTSVILLE, S.C., March 21, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a diversified global packaging leader, today provided updated first-quarter 2023 earnings guidance and announc...

1 week ago - GlobeNewsWire

Wall Street's Most Accurate Analysts Say Buy These 3 Materials Stocks Delivering High-Dividend Yields - Sonoco Prods (NYSE:SON), Scotts Miracle Gro (NYSE:SMG)

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: SMG
2 weeks ago - Benzinga

Why Is Sonoco (SON) Down 4.4% Since Last Earnings Report?

Sonoco (SON) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

Here's Why You Should Retain Sonoco (SON) in Your Portfolio

Sonoco (SON) gains from customer demand and strategic initiatives amid elevated costs.

3 weeks ago - Zacks Investment Research

Sonoco's Elizabeth Rhue Named to Waste360's 40 Under 40 Awards List for 2023

Recognized as a Next-Generation Leader in the Waste, Recycling and Organics Industry Recognized as a Next-Generation Leader in the Waste, Recycling and Organics Industry

1 month ago - GlobeNewsWire

Sonoco Declares Regular Quarterly Common Stock Dividend

HARTSVILLE, S.C., Feb. 09, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.49 per share quarterly common stock dividend. This dividend will be paid on March 10,...

1 month ago - GlobeNewsWire

Sonoco (SON) Earnings Beat Estimates in Q4, Revenues Lag

Sonoco's (SON) fourth-quarter earnings and revenues improve on a year-over-year basis.

1 month ago - Zacks Investment Research

Sonoco (SON) Tops Q4 Earnings Estimates

Sonoco (SON) delivered earnings and revenue surprises of 0.79% and 6.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Sonoco Reports Fourth Quarter and Full Year 2022 Results

Company Achieves Record Annual Revenue, Operating Profit and Earnings per Share Company Achieves Record Annual Revenue, Operating Profit and Earnings per Share

1 month ago - GlobeNewsWire

Sonoco (SON) Earnings Expected to Grow: Should You Buy?

Sonoco (SON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Northstar Recycling Acquires Sonoco Sustainability Solutions

EAST LONGMEADOW, Mass.--(BUSINESS WIRE)--Northstar Recycling Company, LLC (“Northstar”), a national leader in sustainability-oriented managed waste and recycling solutions, today announced the acqui...

2 months ago - Business Wire

7 Blue-Chip Stocks to Buy as a New Bull Market Emerges

Buying blue-chip stocks is generally a smart decision. They tend to be established, profitable, name-brand companies marked by reliable growth.

Other symbols: DDEOEPDJDPMSNY
2 months ago - InvestorPlace

Sonoco Announces Upcoming Investor Events

HARTSVILLE, S.C., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest global sustainable packaging companies, today announced upcoming investor events:

2 months ago - GlobeNewsWire

Sonoco Ranked “Gold” by EcoVadis in 2022 for the Second Consecutive Year

HARTSVILLE, S.C., Dec. 15, 2022 (GLOBE NEWSWIRE) -- For the second year in a row, Sonoco (NYSE: SON) earns a Gold Medal rating from EcoVadis, a leading environmental, social and ethical review agency ...

3 months ago - GlobeNewsWire

Steven L. Boyd Appointed to Sonoco Board of Directors

HARTSVILLE, S.C., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), a diversified global packaging leader, announced today that Steven L. Boyd has been appointed to its Board of Directors.

3 months ago - GlobeNewsWire

Sonoco (SON) Up 2.3% Since Last Earnings Report: Can It Continue?

Sonoco (SON) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

Sonoco (SON) is a Top-Ranked Value Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

4 months ago - Zacks Investment Research

Sonoco ThermoSafe and LATAM Cargo Sign Global Master Lease Agreement

ARLINGTON HEIGHTS, Ill., Nov. 22, 2022 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and one of the largest global providers of temperature assurance packaging, and LATAM Cargo, a...

4 months ago - GlobeNewsWire

Sonoco (SON) to Open Plant in Turkey to Boost Sonopost Output

Sonoco (SON) plans to address growing demand for corner posts in Europe by unveiling a facility in Turkey.

4 months ago - Zacks Investment Research

Sonoco Further Expands Sonopost® Cornerpost Manufacturing with New Facility in Turkey

BRUSSELS, Belgium, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), a global leader in diversified packaging, plans to further expand Sonopost® cornerpost manufacturing in Europe. A new protectiv...

4 months ago - GlobeNewsWire

WestRock To Sell Ownership Interest in RTS Packaging, LLC to Sonoco; Agrees to Sell URB Mills in Illinois and Indiana to Ox Industries

ATLANTA--(BUSINESS WIRE)--WestRock Company [NYSE: WRK], a leading provider of sustainable paper and packaging solutions, today announced it has entered into a definitive agreement to wholly divest its...

Other symbols: WRK
5 months ago - Business Wire

Sonoco Announces Agreement to Acquire Westrock's Remaining Interest in Joint Venture: RTS Packaging

Expands Sustainable Fiber-based Consumer Portfolio Expands Sustainable Fiber-based Consumer Portfolio

5 months ago - GlobeNewsWire