Zacks Research Has Positive Estimate for PKG Q3 Earnings

Packaging Corporation of America (NYSE:PKG - Free Report) - Research analysts at Zacks Research raised their Q3 2025 earnings per share estimates for Packaging Corporation of America in a report released on Monday, July 7th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings of $2.86 per share for the quarter, up from their prior forecast of $2.84. The consensus estimate for Packaging Corporation of America's current full-year earnings is $10.44 per share. Zacks Research also issued estimates for Packaging Corporation of America's FY2025 earnings at $10.20 EPS, Q1 2027 earnings at $2.71 EPS, Q2 2027 earnings at $2.81 EPS and FY2027 earnings at $11.58 EPS.

Several other research analysts have also recently commented on PKG. Wall Street Zen cut Packaging Corporation of America from a "buy" rating to a "hold" rating in a research note on Sunday, April 6th. Truist Financial lifted their price target on Packaging Corporation of America from $237.00 to $239.00 and gave the stock a "buy" rating in a report on Tuesday, June 17th. Jefferies Financial Group downgraded Packaging Corporation of America from a "buy" rating to a "hold" rating and decreased their price target for the stock from $245.00 to $205.00 in a report on Monday, June 16th. Wells Fargo & Company boosted their target price on Packaging Corporation of America from $180.00 to $200.00 and gave the company an "equal weight" rating in a report on Thursday. Finally, UBS Group boosted their target price on Packaging Corporation of America from $200.00 to $210.00 and gave the company a "neutral" rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Packaging Corporation of America presently has a consensus rating of "Hold" and an average price target of $217.80.

Packaging Corporation of America Trading Up 2.5%

Shares of NYSE PKG traded up $5.17 during trading on Wednesday, reaching $209.25. The stock had a trading volume of 206,146 shares, compared to its average volume of 744,550. Packaging Corporation of America has a fifty-two week low of $172.72 and a fifty-two week high of $250.82. The company has a market cap of $18.83 billion, a P/E ratio of 21.88, a PEG ratio of 2.68 and a beta of 0.82. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.15 and a current ratio of 3.28. The business's 50-day moving average price is $191.63 and its 200-day moving average price is $202.49.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The industrial products company reported $2.31 earnings per share for the quarter, beating analysts' consensus estimates of $2.21 by $0.10. Packaging Corporation of America had a return on equity of 20.08% and a net margin of 10.09%. The business had revenue of $2.14 billion during the quarter, compared to analysts' expectations of $2.12 billion.

Institutional Trading of Packaging Corporation of America

A number of institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD raised its position in Packaging Corporation of America by 108.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,363,617 shares of the industrial products company's stock worth $468,045,000 after acquiring an additional 1,229,219 shares in the last quarter. Norges Bank purchased a new position in Packaging Corporation of America in the fourth quarter worth $258,928,000. JPMorgan Chase & Co. grew its holdings in shares of Packaging Corporation of America by 46.5% in the 1st quarter. JPMorgan Chase & Co. now owns 3,038,859 shares of the industrial products company's stock worth $601,755,000 after acquiring an additional 964,085 shares during the period. GAMMA Investing LLC grew its holdings in shares of Packaging Corporation of America by 25,461.0% in the 1st quarter. GAMMA Investing LLC now owns 621,387 shares of the industrial products company's stock worth $123,047,000 after acquiring an additional 618,956 shares during the period. Finally, Balyasny Asset Management L.P. grew its holdings in shares of Packaging Corporation of America by 106.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 848,395 shares of the industrial products company's stock worth $190,999,000 after acquiring an additional 438,012 shares during the period. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Packaging Corporation of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Friday, June 13th. Packaging Corporation of America's dividend payout ratio is presently 52.30%.

Packaging Corporation of America Company Profile

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.