Packaging Co. of America (NYSE:PKG) to Post Q1 2026 Earnings of $2.37 Per Share, Zacks Research Forecasts

Packaging Co. of America (NYSE:PKG - Free Report) - Investment analysts at Zacks Research raised their Q1 2026 earnings per share estimates for Packaging Co. of America in a report issued on Monday, May 6th. Zacks Research analyst S. Deb now anticipates that the industrial products company will post earnings of $2.37 per share for the quarter, up from their prior estimate of $2.33. The consensus estimate for Packaging Co. of America's current full-year earnings is $8.21 per share.

Packaging Co. of America (NYSE:PKG - Get Free Report) last released its earnings results on Tuesday, April 23rd. The industrial products company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.63 by $0.09. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.91 billion. Packaging Co. of America had a net margin of 9.25% and a return on equity of 18.94%. The business's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the firm earned $2.20 EPS.

PKG has been the subject of several other research reports. Citigroup lowered their price objective on Packaging Co. of America from $183.00 to $181.00 and set a "neutral" rating for the company in a research note on Thursday, April 25th. Seaport Res Ptn cut shares of Packaging Co. of America from a "buy" rating to a "neutral" rating in a research note on Monday, January 29th. StockNews.com downgraded Packaging Co. of America from a "buy" rating to a "hold" rating in a report on Friday, April 19th. Wells Fargo & Company raised Packaging Co. of America from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $187.00 to $191.00 in a report on Wednesday, April 24th. Finally, Bank of America raised shares of Packaging Co. of America from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $172.00 to $202.00 in a research note on Monday, March 4th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $173.57.

Packaging Co. of America Trading Up 1.0 %

Packaging Co. of America stock traded up $1.84 during trading hours on Thursday, hitting $180.38. The stock had a trading volume of 312,756 shares, compared to its average volume of 681,936. The business's 50 day simple moving average is $182.45 and its 200-day simple moving average is $169.70. Packaging Co. of America has a one year low of $122.20 and a one year high of $191.27. The stock has a market cap of $16.19 billion, a price-to-earnings ratio of 22.30, a P/E/G ratio of 4.29 and a beta of 0.80. The company has a quick ratio of 1.77, a current ratio of 2.57 and a debt-to-equity ratio of 0.62.

Packaging Co. of America Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.77%. Packaging Co. of America's dividend payout ratio (DPR) is presently 62.50%.

Insider Activity

In other news, CFO Robert P. Mundy sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $182.51, for a total value of $1,825,100.00. Following the completion of the transaction, the chief financial officer now owns 46,454 shares in the company, valued at approximately $8,478,319.54. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, VP Thomas A. Hassfurther sold 14,191 shares of the business's stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $173.80, for a total value of $2,466,395.80. Following the transaction, the vice president now directly owns 183,930 shares in the company, valued at $31,967,034. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert P. Mundy sold 10,000 shares of the business's stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $182.51, for a total value of $1,825,100.00. Following the completion of the sale, the chief financial officer now owns 46,454 shares in the company, valued at $8,478,319.54. The disclosure for this sale can be found here. In the last three months, insiders have sold 38,041 shares of company stock worth $6,799,177. 1.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Packaging Co. of America

Several large investors have recently added to or reduced their stakes in PKG. FIL Ltd grew its stake in shares of Packaging Co. of America by 2.6% during the fourth quarter. FIL Ltd now owns 2,210,000 shares of the industrial products company's stock valued at $360,031,000 after buying an additional 55,000 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Packaging Co. of America by 0.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,186,729 shares of the industrial products company's stock valued at $335,772,000 after purchasing an additional 11,536 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Packaging Co. of America by 4.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,337,507 shares of the industrial products company's stock valued at $205,389,000 after purchasing an additional 58,444 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Packaging Co. of America by 2.4% during the 4th quarter. Northern Trust Corp now owns 1,182,797 shares of the industrial products company's stock valued at $192,689,000 after purchasing an additional 27,974 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Packaging Co. of America during the 4th quarter valued at $163,314,000. 89.78% of the stock is owned by institutional investors.

About Packaging Co. of America

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products.