Packaging Corp. of America Company Profile (NYSE:PKG)

About Packaging Corp. of America

Packaging Corp. of America logoPackaging Corporation of America (PCA) is a producer of containerboard and corrugated packaging products, and uncoated free sheet. The Company operates through three segments: Packaging, Paper, and Corporate and Other. The Company operates over eight mills and approximately 90 corrugated products manufacturing plants. It operates primarily in the United States and has converting and distribution operations in Canada. The Company's corrugated products manufacturing plants produce a range of corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods, multi-color boxes, and displays. Its Paper segment operates under the trade name Boise Paper. The Company manufactures and sells white papers, including both commodity and specialty papers. The Company's Corporate and Other segment includes corporate support staff services, related assets and liabilities, and foreign exchange gains and losses.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Packaging & Containers
  • Sub-Industry: Paper Packaging
  • Exchange: NYSE
  • Symbol: PKG
  • CUSIP: 69515610
Key Metrics:
  • Previous Close: $78.91
  • 50 Day Moving Average: $74.84
  • 200 Day Moving Average: $64.54
  • Trailing P/E Ratio: 16.76
  • Foreward P/E Ratio: 16.07
  • P/E Growth: 2.18
  • Market Cap: $7.37B
  • Outstanding Shares: 93,373,000
  • Beta: 1.68
Additional Links:
Companies Related to Packaging Corp. of America:

Analyst Ratings

Consensus Ratings for Packaging Corp. of America (NYSE:PKG) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $72.73 (7.84% downside)

Analysts' Ratings History for Packaging Corp. of America (NYSE:PKG)
Show:
DateFirmActionRatingPrice TargetDetails
8/23/2016Jefferies GroupReiterated RatingBuyView Rating Details
8/10/2016Deutsche Bank AGBoost Price TargetHold$75.00 -> $77.00View Rating Details
7/25/2016Barclays PLCBoost Price TargetOverweight$71.00 -> $81.00View Rating Details
7/22/2016BMO Capital MarketsReiterated RatingBuyView Rating Details
7/18/2016Buckingham ResearchDowngradeBuy -> Neutral$72.00 -> $74.00View Rating Details
7/7/2016Citigroup Inc.Reiterated RatingNeutral$69.00View Rating Details
5/18/2016Wells Fargo & Co.DowngradeMarket WeightView Rating Details
4/25/2016ArgusUpgradeHold -> Buy$73.00View Rating Details
4/11/2016Dundee SecuritiesDowngradeBuy -> NeutralView Rating Details
1/27/2016DA DavidsonLower Price Target$82.00 -> $75.00View Rating Details
1/25/2016MacquarieDowngradeNeutral -> UnderperformView Rating Details
9/15/2015Bank of America Corp.DowngradeBuy -> Neutral$80.00 -> $71.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Packaging Corp. of America (NYSE:PKG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2016        
7/21/2016Q216$1.18$1.25$1.46 billion$1.42 billionViewListenView Earnings Details
4/20/2016Q116$1.01$1.11$1.41 billion$1.40 billionViewListenView Earnings Details
1/25/2016Q415$1.03$1.08$1.43 billion$1.39 billionViewListenView Earnings Details
10/20/2015Q315$1.28$1.26$1.50 billion$1.50 billionViewListenView Earnings Details
7/21/2015Q215$1.03$1.18$1.49 billion$1.45 billionViewListenView Earnings Details
4/20/2015Q115$1.08$1.01$1.44 billion$1.43 billionViewListenView Earnings Details
1/26/2015Q414$1.16$1.16$1.48 billion$1.43 billionViewListenView Earnings Details
10/20/2014Q314$1.26$1.26$1.50 billion$1.52 billionViewListenView Earnings Details
7/21/2014Q214$1.11$1.16$1.46 billion$1.47 billionViewListenView Earnings Details
4/22/2014Q114$1.00$1.08$1.42 billion$1.43 billionViewListenView Earnings Details
2/12/2014Q413$0.89$1.04$1.24 billion$1.26 billionViewListenView Earnings Details
10/15/2013Q313$0.89$0.91$830.70 million$842.40 millionViewListenView Earnings Details
7/16/2013Q2 2013$0.63$0.71$769.41 million$800.20 millionViewListenView Earnings Details
4/22/2013Q1 2013$0.56$0.62$723.75 million$755.00 millionViewListenView Earnings Details
1/22/2013Q4 2012$0.62$0.61$716.36 million$737.00 millionViewListenView Earnings Details
10/15/2012$0.56$0.55ViewN/AView Earnings Details
7/16/2012$0.45$0.49ViewN/AView Earnings Details
4/17/2012$0.40$0.42ViewN/AView Earnings Details
1/23/2012$0.37$0.40ViewN/AView Earnings Details
10/17/2011$0.43$0.43ViewN/AView Earnings Details
7/18/2011$0.35$0.39ViewN/AView Earnings Details
4/18/2011$0.41$0.39ViewN/AView Earnings Details
1/24/2011$0.53$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Packaging Corp. of America (NYSE:PKG)
Current Year EPS Consensus Estimate: $4.78 EPS
Next Year EPS Consensus Estimate: $4.91 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$1.00$1.03$1.01
Q2 20163$1.10$1.19$1.16
Q3 20163$1.19$1.30$1.25
Q4 20163$0.92$1.15$1.07
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Packaging Corp. of America (NYSE:PKG)
Annual Dividend:$2.20
Dividend Yield:2.79%
Payout Ratio:46.81% (Based on Trailing 12 Months of Earnings)
46.03% (Based on Current Year Consensus EPS Estimate)
44.81% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:19.50% (3 Year Average)

Dividend History for Packaging Corp. of America (NYSE:PKG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2016quarterly$0.556/13/20166/15/20167/15/2016
2/25/2016quarterly$0.553/11/20163/15/20164/15/2016
12/15/2015quarterly$0.5512/23/201512/28/20151/15/2016
8/31/2015quarterly$0.559/11/20159/15/201510/15/2015
5/13/2015quarterly$0.553.11%6/11/20156/15/20157/15/2015
2/26/2015quarterly$0.552.66%3/11/20153/13/20154/15/2015
12/9/2014quarterly$0.402.1%12/17/201412/19/20141/15/2015
8/28/2014quarterly$0.402.35%9/11/20149/15/201410/15/2014
5/14/2014quarterly$0.402.4%6/11/20146/13/20147/15/2014
2/27/2014quarterly$0.402.2%3/12/20143/14/20144/15/2014
12/12/2013quarterly$0.402.6%12/19/201312/23/20131/15/2014
8/28/2013quarterly$0.402.99%9/11/20139/13/201310/15/2013
5/1/2013quarterly$0.312.67%6/12/20136/14/20137/15/2013
1/15/2013quarterly$0.313.19%3/13/20133/15/20134/15/2013
12/9/2012quarterly$0.252.76%12/13/201212/17/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Packaging Corp. of America (NYSE:PKG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/22/2016Kent A PfledererSVPSell1,100$74.30$81,730.00View SEC Filing  
4/22/2016Charles J CarterSVPSell6,463$65.63$424,166.69View SEC Filing  
3/9/2016Thomas P MaurerDirectorBuy2,000$53.47$106,940.00View SEC Filing  
11/19/2015Mark W KowlzanCEOSell5,000$66.00$330,000.00View SEC Filing  
11/13/2015Thomas A HassfurtherVPSell4,668$65.32$304,913.76View SEC Filing  
8/26/2015James D WoodrumDirectorBuy1,000$62.60$62,600.00View SEC Filing  
8/18/2015Mark W KowlzanCEOSell20,000$73.02$1,460,400.00View SEC Filing  
7/23/2015Richard B WestCFOSell30,600$70.39$2,153,934.00View SEC Filing  
2/20/2015Thomas A HassfurtherVPSell12,388$82.59$1,023,124.92View SEC Filing  
11/26/2014Thomas A HassfurtherVPSell12,500$73.53$919,125.00View SEC Filing  
11/10/2014Thomas A HassfurtherVPSell7,000$72.76$509,320.00View SEC Filing  
9/11/2014Thomas A HassfurtherVPSell3,600$69.84$251,424.00View SEC Filing  
8/26/2014Thomas W.H. WaltonSVPSell10,144$66.94$679,039.36View SEC Filing  
7/23/2014Kent A PfledererSVPSell2,750$66.51$182,902.50View SEC Filing  
7/23/2014Richard B WestCFOSell34,000$66.11$2,247,740.00View SEC Filing  
3/3/2014Thomas SoulelesDirectorBuy6,000$72.73$436,380.00View SEC Filing  
2/21/2014Mark KowlzanCEOSell24,000$72.42$1,738,080.00View SEC Filing  
2/18/2014Paul SteckoDirectorSell74,000$72.42$5,359,080.00View SEC Filing  
2/18/2014Thomas HassfurtherVPSell20,500$72.48$1,485,840.00View SEC Filing  
7/24/2013Thomas A HassfurtherVPSell14,560$53.13$773,572.80View SEC Filing  
7/18/2013Mark W KowlzanCEOSell85,000$52.10$4,428,500.00View SEC Filing  
7/18/2013Richard B WestCFOSell40,500$52.06$2,108,430.00View SEC Filing  
7/18/2013Thomas W.H. WaltonSVPSell13,907$52.24$726,501.68View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Packaging Corp. of America (NYSE:PKG)
DateHeadline
finance.yahoo.com logoPackaging Corporation of America Completes Acquisition of TimBar Corporation (NYSE:PKG)
finance.yahoo.com - August 29 at 6:36 PM
finance.yahoo.com logoSonoco (SON) Hits 52-Week High on Improved Q2 Earnings (NYSE:PKG)
finance.yahoo.com - August 29 at 11:21 AM
finance.yahoo.com logoPackaging Corporation (PKG) Poised for Healthy Growth (NYSE:PKG)
finance.yahoo.com - August 26 at 9:49 AM
stocksdaily.net logoPackaging Corporation of America (NYSE:PKG) Paying Out $-200.8 Million In Dividends - Stocks Daily (NYSE:PKG)
www.stocksdaily.net - August 25 at 6:58 PM
News IconCG Stocks Review: ACCO Brands Corporation (NYSE:ACCO), Packaging Corp Of America (NYSE:PKG) - share market updates (press release) (NYSE:PKG)
sharemarketupdates.com - August 23 at 11:21 AM
mysmartrend.com logoPackaging of America Set to Possibly Rebound After Yesterday's Selloff of 3.05% (NYSE:PKG)
www.mysmartrend.com - August 22 at 6:47 PM
seekingalpha.com logoPaper packaging stocks on watch after read on pricing (NYSE:PKG)
seekingalpha.com - August 22 at 11:26 AM
investornewswire.com logoAnalysts See Sales Of $5889.86 For Packaging Corporation of America (NYSE:PKG) - Investor Newswire (NYSE:PKG)
www.investornewswire.com - August 20 at 6:28 PM
investornewswire.com logoWill Packaging Corporation of America (NYSE:PKG) Hit $84 Price Target? - Investor Newswire (NYSE:PKG)
www.investornewswire.com - August 20 at 6:28 PM
News IconShares Holding Above Moving Averages: Packaging Corporation of America (NYSE:PKG) - Post News (NYSE:PKG)
www.kentuckypostnews.com - August 19 at 6:45 PM
News IconThe Key Numbers To Watch From Packaging Corporation of America (NYSE:PKG)'s Earnings - The Voice Registrar (NYSE:PKG)
voiceregistrar.com - August 19 at 6:45 PM
News IconStock Trading Above Moving Averages: Packaging Corporation of America (NYSE:PKG) - Post News (NYSE:PKG)
www.kentuckypostnews.com - August 17 at 7:07 PM
publicnow.com logoPKC Group Plc: Managers transactions (NYSE:PKG)
www.publicnow.com - August 17 at 9:51 AM
finance.yahoo.com logoPACKAGING CORP OF AMERICA Financials (NYSE:PKG)
finance.yahoo.com - August 12 at 6:58 PM
News IconNoteworthy Wednesday Option Activity: PKG, BCRX, TIF (NYSE:PKG)
www.stockoptionschannel.com - August 10 at 7:18 PM
mysmartrend.com logoSmarTrend Watching for Potential Pullback in Shares of Packaging of America After 1.10% Gain (NYSE:PKG)
www.mysmartrend.com - August 10 at 7:18 PM
publicnow.com logoPKC Group Half Year Financial Report January-June 2016 (NYSE:PKG)
www.publicnow.com - August 10 at 9:56 AM
publicnow.com logoPKC Group has been awarded major rolling stock contract with total value up to EUR 200 million (NYSE:PKG)
www.publicnow.com - August 10 at 9:56 AM
publicnow.com logoPKC Group adjusts its North American organization and production capacity to medium term demand outlook (NYSE:PKG)
www.publicnow.com - August 10 at 9:56 AM
marketrealist.com logoHow Did WestRock’s 3Q16 Earnings Turn Out? (NYSE:PKG)
marketrealist.com - August 8 at 7:05 PM
News IconCG Stocks Outlines: ACCO Brands Corporation (NYSE:ACCO), Packaging Corp Of America (NYSE:PKG) - share market updates (press release) (NYSE:PKG)
sharemarketupdates.com - August 8 at 11:34 AM
streetupdates.com logoAnalysts Spotlight: Packaging Corporation of America (NYSE:PKG) , McCormick & Company, Incorporated (NYSE:MKC) - Street Updates (NYSE:PKG)
www.streetupdates.com - August 8 at 11:34 AM
tradecalls.org logoPackaging Corporation of America (PKG) Shares are Down -0.08 ... - Trade Calls (NYSE:PKG)
www.tradecalls.org - August 8 at 11:34 AM
biz.yahoo.com logoPACKAGING CORP OF AMERICA Files SEC form 10-Q, Quarterly Report (NYSE:PKG)
biz.yahoo.com - August 5 at 7:02 PM
streetupdates.com logoAnalysts watching two Stocks: Steelcase Inc. (NYSE:SCS) , Packaging Corporation of America (NYSE:PKG) - Street Updates (NYSE:PKG)
www.streetupdates.com - August 5 at 9:54 AM
stocksdaily.net logoPackaging Corporation of America (NYSE:PKG) Quarterly Dividend At $-53.1 Millions - Stocks Daily (NYSE:PKG)
www.stocksdaily.net - August 4 at 7:19 PM
streetupdates.com logoNotable Buzzers: Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) , Packaging Corporation of America (NYSE:PKG) - Street Updates (NYSE:PKG)
www.streetupdates.com - August 3 at 10:05 AM
tradecalls.org logoBarclays Maintains Packaging Corp Of America to Overweight with Price Target $81.00 - Trade Calls (NYSE:PKG)
www.tradecalls.org - August 2 at 7:10 PM
streetupdates.com logoAnalysts Ranking Previews: Packaging Corporation of America (NYSE:PKG) , Cooper-Standard Holdings Inc. (NYSE ... - Street Updates (NYSE:PKG)
www.streetupdates.com - August 2 at 7:10 PM
marketrealist.com logoWestRock Declares a Dividend of $0.375 Per Share (NYSE:PKG)
marketrealist.com - August 1 at 6:36 PM
stocksdaily.net logoPackaging Corporation of America (NYSE:PKG) Boasts Rating Of 2.09 - Stocks Daily (NYSE:PKG)
www.stocksdaily.net - July 30 at 6:11 PM
investornewswire.com logoCan Shares Of Packaging Corporation of America (NYSE:PKG) Hit $84? - Investor Newswire (NYSE:PKG)
www.investornewswire.com - July 30 at 6:11 PM
tradecalls.org logoRevenue Update on Packaging Corp Of America(NYSE:PKG) - Trade Calls (NYSE:PKG)
www.tradecalls.org - July 30 at 6:11 PM
ftsenews.co.uk logoPackaging Corporation Of America (NYSE:PKG) Updated Price Targets - FTSE News (NYSE:PKG)
www.ftsenews.co.uk - July 27 at 9:53 AM
tradecalls.org logoCitigroup Maintains Packaging Corp Of America to Neutral with Price Target $74.00 - Trade Calls (NYSE:PKG)
www.tradecalls.org - July 26 at 7:12 PM
insidermonkey.com logoTwo Packaging and Container Companies Highlight Fresh Insider Selling; Plus Noteworthy Insider Purchases (NYSE:PKG)
www.insidermonkey.com - July 26 at 8:40 AM
breakingfinancenews.com logoBarclays Capital disclosed (NYSE:PKG) Packaging Corporation of America, stepping up its price target to $81 earlier today (NYSE:PKG)
breakingfinancenews.com - July 25 at 7:00 PM
marketrealist.com logoDeutsche Bank Downgrades Packaging Corporation of America (NYSE:PKG)
marketrealist.com - July 25 at 3:00 PM
investornewswire.com logoIs $80 Price Target Attainable For Packaging Corporation of America (NYSE:PKG)? - Investor Newswire (NYSE:PKG)
www.investornewswire.com - July 24 at 10:58 AM
finance.yahoo.com logoPackaging Corp (PKG) Stock Unmoved by Q2 Earnings Beat - Yahoo Finance (NYSE:PKG)
finance.yahoo.com - July 24 at 10:58 AM
seekingalpha.com logoDeutsche Bank turns cautious on Packaging Corp. of America (NYSE:PKG)
seekingalpha.com - July 23 at 10:44 AM
msn.com logoPackaging of America (PKG) Mark W. Kowlzan on Q2 2016 Results - Earnings Call Transcript (NYSE:PKG)
www.msn.com - July 23 at 10:44 AM
News IconPackaging Corporation of America (NYSE:PKG): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:PKG)
www.engelwooddaily.com - July 22 at 6:42 PM
News IconFriday Session Wrap-up for Packaging Corporation of America (NYSE:PKG) - Engelwood Daily (NYSE:PKG)
www.engelwooddaily.com - July 22 at 6:42 PM
thestreet.com logoPackaging Corp. of America (PKG) Stock Downgraded at Deutsche Bank - TheStreet.com (NYSE:PKG)
www.thestreet.com - July 22 at 6:42 PM
thestreet.com logoPackaging Corp. of America (PKG) Stock Downgraded at Deutsche Bank (NYSE:PKG)
www.thestreet.com - July 22 at 4:16 PM
finance.yahoo.com logoPackaging Corporation of America’s Chief Executive Officer to Speak at the Jefferies 2016 Industrial Conference on August 9, 2016 (NYSE:PKG)
finance.yahoo.com - July 22 at 4:16 PM
capitalcube.com logoPackaging Corp. of America :PKG-US: Earnings Analysis: Q2, 2016 By the Numbers : July 22, 2016 (NYSE:PKG)
www.capitalcube.com - July 22 at 12:39 PM
News IconAttention Grasping Stock With Upward Momentum: Packaging Corporation of America (NYSE:PKG) - TGP (NYSE:PKG)
telanaganapress.com - July 22 at 9:47 AM
News IconEquity Roundup: Stock Performance Focus on Packaging Corporation of America (NYSE:PKG) - Press Telegraph (NYSE:PKG)
presstelegraph.com - July 21 at 7:08 PM

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Packaging Corp. of America (NYSE:PKG) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff