Sonoco Products (NYSE:SON) Issues FY 2026 Earnings Guidance

by · The Markets Daily

Sonoco Products (NYSE:SON – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 5.300-5.500 for the period, compared to the consensus EPS estimate of 5.730. The company issued revenue guidance of $7.2 billion-$7.4 billion, compared to the consensus revenue estimate of $7.4 billion.

Wall Street Analyst Weigh In

Several analysts have weighed in on SON shares. Truist Financial lowered their price target on Sonoco Products from $62.00 to $59.00 and set a “buy” rating on the stock in a report on Friday. Wells Fargo & Company cut their price objective on Sonoco Products from $56.00 to $53.00 and set an “equal weight” rating for the company in a report on Monday, October 19th. Citigroup decreased their price objective on shares of Sonoco Products from $63.00 to $59.00 and set a “buy” rating on the stock in a research report on Friday. Weiss Ratings cut shares of Sonoco Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 11th. Finally, Zacks Research downgraded shares of Sonoco Products from a “hold” rating to a “strong sell” rating in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $57.50.

Get Our Latest Research Report on Sonoco Products

Sonoco Products Stock Down 0.2%

Shares of NYSE:SON opened at $50.17 on Friday. Sonoco Products has a 52-week low of $38.65 and a 52-week high of $60.67. The firm has a fifty day moving average of $51.36 and a 200 day moving average of $52.53. The firm has a market capitalization of $4.96 billion, a PE ratio of -21.81, a price-to-earnings-growth ratio of 1.43 and a beta of 0.35. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.55 and a current ratio of 1.18.

Sonoco Products (NYSE:SON – Get Free Report) last released its earnings results on Wednesday, October 21st. The industrial products company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.07). Sonoco Products had a negative net margin of 3.08% and a positive return on equity of 16.40%. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same period in the prior year, the company earned $1.92 EPS. The firm’s revenue was down 4.2% compared to the same quarter last year. As a group, research analysts anticipate that Sonoco Products will post 5.40 EPS for the current fiscal year.

Sonoco Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Tuesday, November 10th. Sonoco Products’s dividend payout ratio is presently -93.91%.

Sonoco Products Company Profile

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Sonoco Products Company is a global packaging company headquartered in Hartsville, South Carolina. Founded in 1899 as the Southern Novelty Company, it has developed from a producer of paper cones for the textile industry into a diversified provider of packaging solutions serving consumer, industrial and commercial customers.

The company manufactures a broad range of products, including composite cans and tubes, paperboard packaging, flexible packaging, thermoformed packaging, rigid plastic containers, protective packaging and packaging components.

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