Packaging Corporation of America (PKG) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Packaging Corporation of America will report Q1 2026 results after the close on April 22; the company guided to $2.20 EPS while analysts expect $2.17 EPS and $2.4508 billion in revenue, with an earnings call scheduled for April 23 at 9:00 AM ET.
• In the prior quarter PKG missed estimates, posting $2.32 EPS versus $2.41 expected and $2.36 billion in revenue (up 10.1% YoY); analysts project about $10 EPS for the current fiscal year and $11 EPS for the next.
• PKG recently paid a quarterly dividend of $1.25 (annualized $5.00) for a 2.4% yield and a payout ratio around 58.3%.

Packaging Corporation of America (NYSE:PKG - Get Free Report) is expected to be issuing its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $2.17 per share and revenue of $2.4508 billion for the quarter. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Parties are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 9:00 AM ET.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share for the quarter, missing analysts' consensus estimates of $2.41 by ($0.09). The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.43 billion. Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. Packaging Corporation of America's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.47 earnings per share. On average, analysts expect Packaging Corporation of America to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Packaging Corporation of America Price Performance

NYSE:PKG opened at $209.78 on Wednesday. The business's 50-day moving average price is $222.30 and its 200 day moving average price is $212.76. The firm has a market cap of $18.68 billion, a P/E ratio of 24.48, a PEG ratio of 1.90 and a beta of 0.90. Packaging Corporation of America has a 52-week low of $176.45 and a 52-week high of $249.51. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86.

Packaging Corporation of America Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, March 13th. Packaging Corporation of America's payout ratio is presently 58.34%.

Insiders Place Their Bets

In related news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $230.50, for a total value of $2,795,734.50. Following the transaction, the president owned 197,062 shares of the company's stock, valued at approximately $45,422,791. This trade represents a 5.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.60% of the company's stock.

Hedge Funds Weigh In On Packaging Corporation of America

Institutional investors have recently bought and sold shares of the stock. State Street Corp boosted its position in Packaging Corporation of America by 1.3% during the 4th quarter. State Street Corp now owns 4,185,761 shares of the industrial products company's stock worth $868,349,000 after acquiring an additional 54,884 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Packaging Corporation of America by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,478,505 shares of the industrial products company's stock worth $717,372,000 after acquiring an additional 83,978 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Packaging Corporation of America by 2.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,816,736 shares of the industrial products company's stock worth $580,897,000 after acquiring an additional 73,047 shares during the period. FIL Ltd boosted its position in Packaging Corporation of America by 19.4% during the 4th quarter. FIL Ltd now owns 2,792,936 shares of the industrial products company's stock worth $575,987,000 after acquiring an additional 453,319 shares during the period. Finally, Royal Bank of Canada boosted its position in Packaging Corporation of America by 18.0% during the 4th quarter. Royal Bank of Canada now owns 1,855,420 shares of the industrial products company's stock worth $382,642,000 after acquiring an additional 282,888 shares during the period. Hedge funds and other institutional investors own 89.78% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on PKG shares. Wall Street Zen raised Packaging Corporation of America from a "sell" rating to a "hold" rating in a report on Saturday, January 3rd. Weiss Ratings lowered Packaging Corporation of America from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, February 27th. UBS Group lowered their target price on Packaging Corporation of America from $235.00 to $225.00 and set a "neutral" rating on the stock in a report on Friday, April 10th. Wells Fargo & Company lowered their target price on Packaging Corporation of America from $234.00 to $226.00 and set an "overweight" rating on the stock in a report on Tuesday, April 7th. Finally, Argus raised Packaging Corporation of America to a "strong-buy" rating in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Packaging Corporation of America presently has a consensus rating of "Moderate Buy" and an average target price of $230.43.

About Packaging Corporation of America

Packaging Corporation of America NYSE: PKG is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.

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