What is Zacks Research's Estimate for PKG Q3 Earnings?

Packaging Corporation of America (NYSE:PKG - Free Report) - Research analysts at Zacks Research lifted their Q3 2025 earnings estimates for shares of Packaging Corporation of America in a research report issued to clients and investors on Monday, July 7th. Zacks Research analyst R. Department now expects that the industrial products company will earn $2.86 per share for the quarter, up from their previous 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.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The industrial products company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.21 by $0.10. Packaging Corporation of America had a net margin of 10.09% and a return on equity of 20.08%. The company had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.12 billion.

PKG has been the topic of a number of other reports. Jefferies Financial Group lowered shares of Packaging Corporation of America from a "buy" rating to a "hold" rating and lowered their target price for the company from $245.00 to $205.00 in a research note on Monday, June 16th. Wall Street Zen lowered shares of Packaging Corporation of America from a "buy" rating to a "hold" rating in a research note on Sunday, April 6th. Wells Fargo & Company raised their target price on shares of Packaging Corporation of America from $180.00 to $200.00 and gave the company an "equal weight" rating in a research note on Thursday. UBS Group raised their price target on shares of Packaging Corporation of America from $200.00 to $210.00 and gave the stock a "neutral" rating in a research report on Wednesday. Finally, Truist Financial raised their price target on shares of Packaging Corporation of America from $237.00 to $239.00 and gave the stock a "buy" rating in a research report on Tuesday, June 17th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. 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 Stock Performance

NYSE:PKG traded up $3.18 during midday trading on Wednesday, reaching $207.26. The stock had a trading volume of 655,322 shares, compared to its average volume of 747,539. Packaging Corporation of America has a 1-year low of $172.72 and a 1-year high of $250.82. The firm's fifty day simple moving average is $192.11 and its 200-day simple moving average is $202.36. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.28 and a quick ratio of 2.15. The stock has a market capitalization of $18.65 billion, a P/E ratio of 21.68, a PEG ratio of 2.70 and a beta of 0.82.

Packaging Corporation of America Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be given a $1.25 dividend. The ex-dividend date is Friday, June 13th. This represents a $5.00 annualized dividend and a yield of 2.41%. Packaging Corporation of America's dividend payout ratio is 52.30%.

Institutional Trading of Packaging Corporation of America

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp lifted its holdings in shares of Packaging Corporation of America by 79.0% during the 4th quarter. Jones Financial Companies Lllp now owns 666 shares of the industrial products company's stock worth $150,000 after acquiring an additional 294 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of Packaging Corporation of America by 10.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,084 shares of the industrial products company's stock worth $469,000 after acquiring an additional 192 shares during the period. Assetmark Inc. lifted its holdings in shares of Packaging Corporation of America by 54.6% during the 4th quarter. Assetmark Inc. now owns 416 shares of the industrial products company's stock worth $94,000 after acquiring an additional 147 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Packaging Corporation of America during the 4th quarter worth about $25,291,000. Finally, Raymond James Financial Inc. bought a new position in shares of Packaging Corporation of America during the 4th quarter worth about $50,175,000. 89.78% of the stock is currently owned by institutional investors and hedge funds.

About Packaging Corporation of America

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.