Sonoco Products Company (SON)

NYSE: SON · IEX Real-Time Price · USD
60.92
+0.28 (0.46%)
May 24, 2024, 9:49 AM EDT - Market open
0.46%
Market Cap 6.00B
Revenue (ttm) 6.69B
Net Income (ttm) 391.82M
Shares Out 98.26M
EPS (ttm) 3.96
PE Ratio 15.31
Forward PE 11.07
Dividend $2.08 (3.41%)
Ex-Dividend Date May 9, 2024
Volume 11,505
Open 61.03
Previous Close 60.64
Day's Range 60.65 - 61.24
52-Week Range 49.98 - 63.74
Beta 0.68
Analysts Buy
Price Target 61.00 (+0.13%)
Earnings Date Apr 30, 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, SON'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 3 analysts, the average rating for SON stock is "Buy." The 12-month stock price forecast is $61.0, which is an increase of 0.13% from the latest price.

Price Target
$61.0
(0.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

10 days 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...

10 days ago - GlobeNewsWire

Sonoco Reports First Quarter 2024 Results

HARTSVILLE, S.C., April 30, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financia...

23 days ago - GlobeNewsWire

Sonoco Implementing Price Increase for Tubes and Cores in Mexico

MEXICO CITY, Mexico, April 29, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a 6% price increase for tubes and cores products sold in Mexico starting with May 2024 del...

25 days ago - GlobeNewsWire

Sonoco To Report First Quarter 2024 Results

HARTSVILLE, S.C., April 24, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), one of the largest global sustainable packaging companies, will announce first quar...

4 weeks ago - GlobeNewsWire

Sonoco Releases 2023 Corporate Sustainability Report Detailing Progress on Sustainability Initiatives

HARTSVILLE, S.C., April 23, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, today released its 2023 ...

4 weeks ago - GlobeNewsWire

Sonoco Increases Quarterly Stock Dividend for 41ˢᵗ Consecutive Year

HARTSVILLE, S.C., April 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend to $0.52 per share from the previous quarterly dis...

5 weeks ago - GlobeNewsWire

Sonoco and ENGIE Announce 140 Megawatt Virtual Power Purchase Agreement – Output from Big Sampson Wind Project will be First Renewable Energy Project for Sonoco

Sonoco and ENGIE Announce 140 Megawatt Virtual Power Purchase Agreement – Output from Big Sampson Wind Project will be First Renewable Energy Project for S

6 weeks ago - GlobeNewsWire

Sonoco Implementing Price Increase for Uncoated Recycled Paperboard in Europe

HARTSVILLE, S.C., March 25, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a €60 per ton, £50 for UK market, price increase for all grades of uncoated recycled paperboa...

2 months ago - GlobeNewsWire

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Sonoco Prods (NYSE:SON), International Paper (NYSE:IP)

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: IPTROX
2 months ago - Benzinga

Sonoco Hosts Investor Day 2024 and Announces Updated Long Term Targets

HARTSVILLE, S.C., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today hosts its 2024 Inv...

3 months ago - GlobeNewsWire

Sonoco Reports Fourth Quarter and Full Year 2023 Results

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

3 months ago - GlobeNewsWire

Sonoco Declares Regular Quarterly Common Stock Dividend

HARTSVILLE, S.C., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.51 per share quarterly common stock dividend.

3 months ago - GlobeNewsWire

Sonoco Announces Uncoated Paperboard (URB) Mill Closure in Sumner, Washington

HARTSVILLE, S.C., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest global sustainable packaging companies, today announced that it ...

3 months ago - GlobeNewsWire

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: EMNTROX
4 months ago - Benzinga

Sonoco Announces Agreement for the Divestiture of its Protective Solutions Packaging Business as Part of Planned Portfolio Optimization Strategy

HARTSVLLE, S.C., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), one of the largest global sustainable packaging companies, today announced that certa...

4 months ago - GlobeNewsWire

Sonoco Announces Conference Call Discussing Fourth Quarter 2023 Results and 2024 Investor Day Meeting

HARTSVLLE, S.C., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), one of the largest global sustainable packaging companies, will announce fourth quart...

4 months ago - GlobeNewsWire

Sonoco Implementing Price Increase for all Paperboard Converted Products

HARTSVILLE, S.C., Dec. 18, 2023 (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 to implement $50-a-ton price increase on all grades of uncoated recycled paperboard in the U.S. starting Feb. 1

Sonoco Products Co. said Wednesday it's implementing a $50 per ton price increase for all grades of uncoated recycled paperboard in the U.S. Canada, effective with shipments beginning Feb. 1, 2024. “T...

5 months ago - Market Watch

Sonoco Implementing Price Increase for Uncoated Recycled Paperboard

HARTSVILLE, S.C., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the Unite...

5 months ago - GlobeNewsWire

Sonoco Acquires Inapel Embalagens Ltda.

HARTSVILLE, S.C., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Global packaging leader Sonoco (NYSE: SON) is pleased to announce the expansion of its flexible packaging service operations with the acquisition of...

6 months ago - GlobeNewsWire

Sonoco Reports Third Quarter 2023 Results

HARTSVILLE, S.C., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial...

7 months ago - GlobeNewsWire

Sonoco To Report Third Quarter 2023 Results

HARTSVLLE, S.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), one of the largest global sustainable packaging companies, will announce third quarte...

7 months ago - GlobeNewsWire

Sonoco Completes Acquisition of RTS Packaging

HARTSVILLE, S.C., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON) (“Sonoco” or the “Company”), a diversified global packaging leader, today announced the completion of its acqui...

9 months ago - GlobeNewsWire

Sonoco Grows Sustainable Packaging Offerings with Two New EnviroFlex® Paper Pre-qualifications for How2Recycle® Labeling

HARTSVILLE, S.C., Aug. 08, 2023 (GLOBE NEWSWIRE) -- August 8, 2023 – Sonoco (NYSE: SON) has added two new cold seal structures to the growing family of EnviroFlex® Paper products receiving How2Recycle...

10 months ago - GlobeNewsWire