NYSE:PKG Packaging Co. of America (PKG) Stock Price, News & Analysis $199.00 +4.76 (+2.45%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$195.03▼$199.4250-Day Range$176.32▼$199.0052-Week Range$143.82▼$199.42Volume727,476 shsAverage Volume631,018 shsMarket Capitalization$17.87 billionP/E Ratio24.88Dividend Yield2.51%Price Target$190.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Packaging Co. of America alerts: Email Address Packaging Co. of America MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside4.3% Downside$190.50 Price TargetShort InterestHealthy1.69% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.84Based on 34 Articles This WeekInsider TradingAcquiring Shares$54,618 Bought Last QuarterProj. Earnings Growth17.53%From $8.50 to $9.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.51 out of 5 starsIndustrial Products Sector25th out of 172 stocksPaperboard Containers & Boxes Industry2nd out of 5 stocks 1.2 Analyst's Opinion Consensus RatingPackaging Co. of America has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePackaging Co. of America has only been the subject of 4 research reports in the past 90 days.Read more about Packaging Co. of America's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.69% of the float of Packaging Co. of America has been sold short.Short Interest Ratio / Days to CoverPackaging Co. of America has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Packaging Co. of America has recently increased by 7.97%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.59%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPackaging Co. of America has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of Packaging Co. of America is 62.50%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Packaging Co. of America will have a dividend payout ratio of 50.05% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend.Read more about Packaging Co. of America's dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePackaging Co. of America has received a 10.48% net impact score from Upright. Packaging Corporation Of America seems to create the most significant positive value in categories "Taxes", "GHG emissions", and "Jobs". The positive contribution in the "GHG emissions" impact category is mostly driven by its "Wood-based garments packages", "Corrugated fiberboard electronics packages", "Wood-based household items packaging materials", "Wood-based flower and plant packages", and "Wood-based postal packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Packaging Co. of America is -1.50. Previous Next 3.8 News and Social Media Coverage News SentimentPackaging Co. of America has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 34 news articles for Packaging Co. of America this week, compared to 7 articles on an average week.Search Interest3 people have searched for PKG on MarketBeat in the last 30 days. MarketBeat Follows6 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Packaging Co. of America insiders have bought more of their company's stock than they have sold. Specifically, they have bought $54,618.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Packaging Co. of America is held by insiders.Percentage Held by Institutions89.78% of the stock of Packaging Co. of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Packaging Co. of America's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Packaging Co. of America are expected to grow by 17.53% in the coming year, from $8.50 to $9.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Co. of America is 24.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 24.88, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.97.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 5.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPackaging Co. of America has a P/B Ratio of 4.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Packaging Co. of America's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Packaging Co. of America Stock (NYSE:PKG)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. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.Read More PKG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PKG Stock News HeadlinesJuly 25 at 10:38 PM | seekingalpha.comPackaging Corporation Of America: Weak Growth Prospects In The Near Term And A Premium ValuationJuly 25 at 7:32 AM | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPSJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 6:04 AM | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Upgraded to Buy by StockNews.comJuly 25 at 3:05 AM | gurufocus.comQ2 2024 Packaging Corp of America Earnings Call TranscriptJuly 25 at 2:34 AM | seekingalpha.comPackaging Corporation of America (PKG) Q2 2024 Earnings Call TranscriptJuly 24 at 12:13 PM | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Sets New 1-Year High on Strong EarningsJuly 23 at 5:45 PM | reuters.comPackaging Corp forecasts upbeat profit on strong demand, higher pricingJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 23 at 5:45 PM | msn.comPackaging Corp Q2 results tops expectations, sets Q3 outlook above street viewJuly 23 at 5:45 PM | finance.yahoo.comPackaging Corporation of America's (NYSE:PKG) Q2: Beats On RevenueJuly 23 at 2:16 AM | americanbankingnews.comQ3 2024 Earnings Estimate for Packaging Co. of America (NYSE:PKG) Issued By Seaport Res PtnJuly 22, 2024 | finance.yahoo.comPackaging Corporation of America (PKG) Q2 Earnings Report Preview: What To Look ForJuly 22, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Receives $186.33 Consensus Price Target from BrokeragesJuly 20, 2024 | americanbankingnews.comPackaging Co. of America to Post Q3 2024 Earnings of $2.21 Per Share, Zacks Research Forecasts (NYSE:PKG)July 19, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Reaches New 1-Year High on Analyst UpgradeJuly 18, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Downgraded by StockNews.comJuly 16, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Price Target Increased to $215.00 by Analysts at Truist FinancialSee More Headlines Receive PKG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Packaging Co. of America and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/15 Dividend6/14/2024Dividend Payable7/15/2024Last Earnings7/23/2024Today7/26/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Paperboard containers & boxes Sub-IndustryPaper Packaging Current SymbolNYSE:PKG CUSIP69515610 CIK75677 Webwww.packagingcorp.com Phone(847) 482-3000Fax847-482-4545Employees14,900Year Founded1959Price Target and Rating Average Stock Price Target$190.50 High Stock Price Target$219.00 Low Stock Price Target$140.00 Potential Upside/Downside-4.3%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$8.00 Trailing P/E Ratio24.88 Forward P/E Ratio23.41 P/E Growth5.12Net Income$765.20 million Net Margins9.06% Pretax Margin11.95% Return on Equity18.39% Return on Assets8.52% Debt Debt-to-Equity Ratio0.62 Current Ratio2.46 Quick Ratio1.74 Sales & Book Value Annual Sales$7.80 billion Price / Sales2.29 Cash Flow$14.98 per share Price / Cash Flow13.28 Book Value$44.60 per share Price / Book4.46Miscellaneous Outstanding Shares89,800,000Free Float88,361,000Market Cap$17.87 billion OptionableOptionable Beta0.77 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Mark W. Kowlzan (Age 68)Chairman of the Board & CEO Comp: $4.73MMr. Robert P. Mundy (Age 62)Principal Accounting Officer, EVP & CFO Comp: $2.32MMr. Thomas A. Hassfurther PCA (Age 68)Executive Vice President of Corrugated Products Comp: $3.45MMr. Charles J. Carter (Age 64)Executive Vice President of Mill Operations Comp: $2.03MMr. Donald Ray Shirley (Age 52)Senior VP of Corporate Engineering & Process Technology Comp: $1.42MMr. Bruce A. Ridley (Age 68)Senior VP of Environmental Health, Safety & Operational Services Mr. Kent A. Pflederer (Age 53)Senior VP, General Counsel & Corporate Secretary Comp: $1.16MPrafulla D'SouzaVice President of Marketing & Communications Corrugated ProductsMr. Jeffrey S. Kaser (Age 57)Senior Vice President of Corrugated Products Ms. Darla J. Olivier (Age 53)Senior VP of Tax, ESG & Government Affairs More ExecutivesKey CompetitorsGraphic PackagingNYSE:GPKSealed AirNYSE:SEESonoco ProductsNYSE:SONUFP TechnologiesNASDAQ:UFPTWestRockNYSE:WRKView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 5,519 shares on 7/26/2024Ownership: 0.968%Hyman Charles DBought 134 shares on 7/26/2024Ownership: 0.052%State of Michigan Retirement SystemSold 100 shares on 7/26/2024Ownership: 0.028%Cambridge Investment Research Advisors Inc.Bought 206 shares on 7/26/2024Ownership: 0.016%Atomi Financial Group Inc.Sold 143 shares on 7/26/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions PKG Stock Analysis - Frequently Asked Questions How have PKG shares performed this year? Packaging Co. of America's stock was trading at $162.91 at the beginning of the year. Since then, PKG shares have increased by 22.2% and is now trading at $199.00. View the best growth stocks for 2024 here. How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) issued its earnings results on Tuesday, July, 23rd. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.14 by $0.06. The firm's revenue was up 6.3% compared to the same quarter last year. Read the conference call transcript. What is Mark W. Kowlzan's approval rating as Packaging Co. of America's CEO? 114 employees have rated Packaging Co. of America Chief Executive Officer Mark W. Kowlzan on Glassdoor.com. Mark W. Kowlzan has an approval rating of 95% among the company's employees. This puts Mark W. Kowlzan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Packaging Co. of America have any subsidiaries? The following companies are subsidiaries of Packaging Co. of America: Sacramento Container Corp., Columbus Container, TimBar Packaging & Display, Crockett Packaging, Boise, Colorado Container, Field Packaging Group, and more. Who are Packaging Co. of America's major shareholders? Top institutional investors of Packaging Co. of America include Maj Invest Holding A S (1.18%), Bank of New York Mellon Corp (0.97%), Boston Trust Walden Corp (0.31%) and Retirement Systems of Alabama (0.26%). Insiders that own company stock include Thomas A Hassfurther, Kent A Pflederer, Robert P Mundy, Charles J Carter, Donald R Shirley, Robert Andrew Schneider, Paul T Stecko, Bruce A Ridley, Donna A Harman and Karen E Gowland. View institutional ownership trends. How do I buy shares of Packaging Co. of America? Shares of PKG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Packaging Co. of America own? Based on aggregate information from My MarketBeat watchlists, some other companies that Packaging Co. of America investors own include Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Pfizer (PFE) and Boeing (BA). This page (NYSE:PKG) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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