Sonoco Products Company (SON)
| Market Cap | 5.54B |
| Revenue (ttm) | 6.78B |
| Net Income (ttm) | 474.96M |
| Shares Out | 98.25M |
| EPS (ttm) | 4.80 |
| PE Ratio | 11.74 |
| Forward PE | 11.03 |
| Dividend | $2.04 (3.62%) |
| Ex-Dividend Date | Feb 27, 2024 |
| Volume | 455,186 |
| Open | 56.01 |
| Previous Close | 55.79 |
| Day's Range | 55.79 - 56.53 |
| 52-Week Range | 49.98 - 63.74 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 67.67 (+19.98%) |
| Earnings Date | Apr 29, 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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for SON stock is "Buy." The 12-month stock price forecast is $67.67, which is an increase of 19.98% from the latest price.
News
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...
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
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...
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...
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...
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...
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.
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Sonoco Reports Second Quarter 2023 Results
HARTSVILLE, S.C., July 31, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial...
Sonoco To Report Second Quarter 2023 Results
HARTSVILLE, S.C., July 17, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest global sustainable packaging companies, will announce second qua...
Sonoco Reports Strong First Quarter Results: Raises Full Year 2023 Guidance
HARTSVILLE, S.C., May 01, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial ...
Sonoco Releases 2022 Corporate Responsibility Report Detailing Progress on ESG and Sustainability Initiatives
HARTSIVLLE, S.C., April 27, 2023 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), a diversified global packaging company recognized for its leadership in sustainability, today released its 2022 Corporate Respo...
Sonoco Increases Quarterly Stock Dividend
HARTSVILLE, S.C., April 19, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend by approximately 4 percent to $0.51 per share from...
Sonoco Expands Sustainable Packaging with EnviroFlex® Paper Pre-qualification for How2Recycle® Labeling
HARTSIVLLE, S.C., April 03, 2023 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) announces that the high barrier paper-based structure, EnviroFlex® Paper Ultimate (ULT) 1.0, has received How2Recycle® pre-quali...