Packaging Co. of America Stock Price, News & Analysis (NYSE:PKG) $166.61 +1.32 (+0.80%) (As of 10:09 AM ET) Add Compare Share Share Today's Range$165.07▼$166.6450-Day Range$144.40▼$169.7152-Week Range$122.20▼$171.61Volume50,852 shsAverage Volume658,922 shsMarket Capitalization$14.93 billionP/E Ratio19.17Dividend Yield3.00%Price Target$151.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Packaging Co. of America MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside8.1% Downside$151.83 Price TargetShort InterestHealthy1.86% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.77Based on 10 Articles This WeekInsider TradingSelling Shares$2.10 M Sold Last QuarterProj. Earnings Growth-5.87%From $8.35 to $7.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.88 out of 5 starsIndustrial Products Sector116th out of 150 stocksPaperboard Containers & Boxes Industry4th out of 4 stocks 1.1 Analyst's Opinion Consensus RatingPackaging Co. of America has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $151.83, Packaging Co. of America has a forecasted downside of 8.1% from its current price of $165.29.Amount of Analyst CoveragePackaging Co. of America has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.86% 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 2.9, 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 10.88%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPackaging Co. of America has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Packaging Co. of America is 57.54%. 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 63.61% next year. This indicates that Packaging Co. of America will be able to sustain or increase its 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 2.6 News and Social Media Coverage News SentimentPackaging Co. of America has a news sentiment score of 0.77. 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 0.37 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Packaging Co. of America this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for PKG on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Packaging Co. of America insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,103,121.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of Packaging Co. of America is held by insiders.Percentage Held by Institutions90.53% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Packaging Co. of America are expected to decrease by -5.87% in the coming year, from $8.35 to $7.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Co. of America is 19.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 19.02, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.73.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 4.07. 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 4.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 Packaging and Paper segments. 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. 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 HeadlinesDecember 5, 2023 | finance.yahoo.comPackaging Corp of America Is Not Ready to Wrap Up Its AdvanceDecember 2, 2023 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Stock Rating Upgraded by StockNews.comDecember 6, 2023 | Edge On The Street (Ad)Henry Ford Would NEVER Have Seen This ComingIn 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.December 1, 2023 | realmoney.thestreet.comPackaging Corp. price target raised to $170 from $162 at BofADecember 1, 2023 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Price Target Raised to $173.00 at Wells Fargo & CompanyNovember 30, 2023 | finance.yahoo.comDow Finishes November at 2023 HighNovember 30, 2023 | markets.businessinsider.comAnalyst Expectations for Packaging Corp of America's FutureNovember 30, 2023 | finance.yahoo.comShould Value Investors Buy Packaging Corporation of America (PKG) Stock?December 6, 2023 | Edge On The Street (Ad)Henry Ford Would NEVER Have Seen This ComingIn 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.November 30, 2023 | finance.yahoo.comCardboard Prices Are Climbing for the First Time in Nearly Two YearsNovember 27, 2023 | msn.comPackaging Corp. of America hits 19-month high on price hikesNovember 16, 2023 | seekingalpha.comPackaging Corporation of America: Valuation Is Justified By Its QualityNovember 14, 2023 | finance.yahoo.comAre Investors Undervaluing Packaging Corporation of America (PKG) Right Now?November 10, 2023 | tmcnet.comAult Alliance Completes Purchase of Majority Interest in Eco Pack Technologies LimitedNovember 8, 2023 | forbes.comAdvice For Entering The Flexible Packaging IndustryNovember 7, 2023 | businesswire.comAssemblies Unlimited Reaches 30-year Milestone Providing Full-Turnkey Contract Packaging SolutionsNovember 4, 2023 | finance.yahoo.comThe Packaging Corp of America (PKG) Company: A Short SWOT AnalysisNovember 3, 2023 | finance.yahoo.comDo Fundamentals Have Any Role To Play In Driving Packaging Corporation of America's (NYSE:PKG) Stock Up Recently?November 2, 2023 | finance.yahoo.comDirector Paul Stecko Sells 9,737 Shares of Packaging Corp of America (PKG)October 25, 2023 | markets.businessinsider.comHold Rating on Packaging Corporation of America: Analyzing Q3 Performance and Q4 Outlook amidst Industry ChallengesOctober 25, 2023 | finance.yahoo.comPackaging Corporation of America (NYSE:PKG) Q3 2023 Earnings Call TranscriptOctober 25, 2023 | finance.yahoo.comQ3 2023 Packaging Corp of America Earnings CallOctober 23, 2023 | marketwatch.comPackaging Corp of America Profit Falls Despite Rise in DemandOctober 23, 2023 | finance.yahoo.comPackaging Corp. (PKG) Q3 Earnings Top EstimatesOctober 23, 2023 | sfgate.comPackaging Corp.: Q3 Earnings SnapshotOctober 23, 2023 | markets.businessinsider.comPackaging Corporation of America Q3 Profit Decreases, but beats estimatesOctober 23, 2023 | finance.yahoo.comPackaging Corporation of America Reports Third Quarter 2023 ResultsSee 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 10/13 Dividend9/22/2023Dividend Payable10/13/2023Last Earnings10/24/2023Today12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Paperboard containers & boxes Sub-IndustryPaper Packaging SectorIndustrial Products Current SymbolNYSE:PKG CUSIP69515610 CIK75677 Webwww.packagingcorp.com Phone(847) 482-3000Fax847-482-4545Employees15,100Year Founded1959Price Target and Rating Average Stock Price Target$151.83 High Stock Price Target$173.00 Low Stock Price Target$132.00 Potential Upside/Downside-8.1%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$8.69 Trailing P/E Ratio19.02 Forward P/E Ratio19.80 P/E Growth4.07Net Income$1.03 billion Net Margins10.04% Pretax Margin13.29% Return on Equity21.30% Return on Assets9.99% Debt Debt-to-Equity Ratio0.54 Current Ratio2.17 Quick Ratio1.40 Sales & Book Value Annual Sales$8.48 billion Price / Sales1.75 Cash Flow$15.77 per share Price / Cash Flow10.48 Book Value$39.63 per share Price / Book4.17Miscellaneous Outstanding Shares89,620,000Free Float88,011,000Market Cap$14.81 billion OptionableOptionable Beta0.84 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Mark W. Kowlzan (Age 67)Chairman of the Board & CEO Comp: $4.98MMr. Robert P. Mundy (Age 61)Executive VP & CFO Comp: $2.42MMr. Thomas A. Hassfurther (Age 67)Executive Vice President of Corrugated Products Comp: $3.61MMr. Charles J. Carter (Age 63)Executive Vice President of Mill Operations Comp: $2.11MMr. Donald Ray Shirley (Age 51)Senior Vice President of Corporate Engineering & Process Technology Comp: $1.47MMr. Bruce A. Ridley (Age 67)Senior Vice President of Environmental Health, Safety & Operational Services Ms. Pamela A. Barnes (Age 58)Senior VP of Finance, Controller & Principal Accounting Officer Mr. Robert Andrew Schneider (Age 57)Senior VP & Chief Information Officer Mr. Kent A. Pflederer (Age 52)Senior VP, General Counsel & Secretary Comp: $1.16MPrafulla D'SouzaVice President of Marketing & Communications Corrugated ProductsMore ExecutivesKey CompetitorsGraphic PackagingNYSE:GPKSonoco ProductsNYSE:SONCNH IndustrialNYSE:CNHIIDEXNYSE:IEXAvery DennisonNYSE:AVYView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 86 shares on 12/1/2023Ownership: 0.004%Wellington Management Group LLPBought 1,329 shares on 12/1/2023Ownership: 0.001%Fortis Group Advisors LLCBought 300 shares on 12/1/2023Ownership: 0.000%American Century Companies Inc.Sold 390,673 shares on 11/30/2023Ownership: 3.652%Banque Pictet & Cie SASold 1,391 shares on 11/27/2023Ownership: 0.055%View All Insider TransactionsView All Institutional Transactions PKG Stock Analysis - Frequently Asked Questions Should I buy or sell Packaging Co. of America stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PKG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PKG, but not buy additional shares or sell existing shares. View PKG analyst ratings or view top-rated stocks. What is Packaging Co. of America's stock price target for 2024? 5 Wall Street research analysts have issued twelve-month target prices for Packaging Co. of America's shares. Their PKG share price targets range from $132.00 to $173.00. On average, they expect the company's stock price to reach $151.83 in the next year. This suggests that the stock has a possible downside of 8.1%. View analysts price targets for PKG or view top-rated stocks among Wall Street analysts. How have PKG shares performed in 2023? Packaging Co. of America's stock was trading at $127.91 on January 1st, 2023. Since then, PKG shares have increased by 29.2% and is now trading at $165.29. View the best growth stocks for 2023 here. Are investors shorting Packaging Co. of America? Packaging Co. of America saw a drop in short interest in October. As of October 31st, there was short interest totaling 1,470,000 shares, a drop of 18.8% from the October 15th total of 1,810,000 shares. Based on an average daily volume of 527,700 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.7% of the shares of the stock are short sold. View Packaging Co. of America's Short Interest. When is Packaging Co. of America's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our PKG earnings forecast. How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) announced its quarterly earnings data on Tuesday, October, 24th. The industrial products company reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $1.92 by $0.13. The industrial products company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.99 billion. Packaging Co. of America had a trailing twelve-month return on equity of 21.30% and a net margin of 10.04%. The company's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.83 EPS. Read the conference call transcript. How often does Packaging Co. of America pay dividends? What is the dividend yield for Packaging Co. of America? Packaging Co. of America declared a quarterly dividend on Wednesday, September 13th. Investors of record on Monday, September 25th will be paid a dividend of $1.25 per share on Friday, October 13th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, September 22nd. Read our dividend analysis for PKG. Is Packaging Co. of America a good dividend stock? Packaging Co. of America (NYSE:PKG) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.95%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 57.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PKG will have a dividend payout ratio of 63.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PKG. What ETFs hold Packaging Co. of America's stock? ETFs with the largest weight of Packaging Co. of America (NYSE:PKG) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco MSCI Global Timber ETF (CUT), iShares Emergent Food and AgTech Multisector ETF (IVEG), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Invesco S&P 500 Equal Weight Materials ETF (RTM), Leatherback Long/Short Alternative Yield ETF (LBAY), American CenturyFocused Large Cap Value ETF (FLV) and Invesco S&P 500 High Dividend Low Volatility ETF (SPHD). What guidance has Packaging Co. of America issued on next quarter's earnings? Packaging Co. of America issued an update on its fourth quarter earnings guidance on Tuesday, October, 24th. The company provided earnings per share guidance of $1.76 for the period, compared to the consensus estimate of $1.73. 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. What other stocks do shareholders of Packaging Co. of America own? Based on aggregate information from My MarketBeat watchlists, some companies that other Packaging Co. of America investors own include Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Boeing (BA), NVIDIA (NVDA) and Bristol-Myers Squibb (BMY). Who are Packaging Co. of America's major shareholders? Packaging Co. of America's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include American Century Companies Inc. (3.65%), Victory Capital Management Inc. (3.44%), Charles Schwab Investment Management Inc. (2.44%), Nordea Investment Management AB (1.96%), Maj Invest Holding A S (1.79%) and Invesco Ltd. (1.57%). Insiders that own company stock include Bruce A Ridley, Charles J Carter, Donald R Shirley, Donna A Harman, Kent A Pflederer, Paul T Stecko, Robert Andrew Schneider, Robert P Mundy and Thomas A Hassfurther. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Packaging Co. of America have any subsidiaries? The following companies are subsidiares of Packaging Co. of America: Acorn Corrugated Box, B C T Incorporated, Boise, Boise White Paper LLC, Colorado Container, Columbus Container, Crockett Packaging, Dixie Container, Field Packaging Group, Hexacomb Canada Corporation, Hexacomb Canada Holdings Corporation, Hexacomb Corporation, International Falls Power Company, Louisiana Timber Procurement Company LLC, Minnesota Dakota & Western Railway Company, PCA Central California Corrugated LLC, PCA Hydro Inc., PCA International Inc., PCA International Services LLC, PCA Michigan Acquisition LLC, PCA Texas Acquisition LLC, Packaging Asset Holdings LLC, Packaging Corporation of America, Packaging Corporation of Asia Limited, Packaging Materials Co, Polywoven Distributors PA LLC, Sacramento Container Corp., Sunbelt Packaging Services, and TimBar Packaging & Display.Read More This page (NYSE:PKG) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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