NYSE:PKGPackaging Corp Of America Stock Price, Forecast & News

Packaging Corp Of America's stock was trading at $85.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PKG shares have increased by 17.1% and is now trading at $100.00. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Packaging Corp Of America in the last year. There are currently 2 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Packaging Corp Of America.

Packaging Corp Of America is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Packaging Corp Of America.

Packaging Corp Of America will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Packaging Corp Of America (NYSE:PKG) released its quarterly earnings data on Monday, April, 27th. The industrial products company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.22 by $0.28. The industrial products company earned $1.71 billion during the quarter, compared to analysts' expectations of $1.67 billion. Packaging Corp Of America had a return on equity of 22.37% and a net margin of 9.39%. Packaging Corp Of America's revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.98 EPS. View Packaging Corp Of America's earnings history.

Packaging Corp Of America announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Monday, June 15th will be given a dividend of $0.79 per share on Wednesday, July 15th. This represents a $3.16 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend is Friday, June 12th. View Packaging Corp Of America's dividend history.

13 brokers have issued 12 month price targets for Packaging Corp Of America's shares. Their forecasts range from $79.00 to $118.00. On average, they expect Packaging Corp Of America's stock price to reach $100.67 in the next year. This suggests a possible upside of 0.7% from the stock's current price. View analysts' price targets for Packaging Corp Of America.

Headlines about PKG stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Packaging Corp Of America earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Packaging Corp Of America.

Packaging Corp Of America saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,620,000 shares, an increase of 40.9% from the June 15th total of 1,860,000 shares. Based on an average daily volume of 838,400 shares, the short-interest ratio is currently 3.1 days. Approximately 2.8% of the shares of the stock are short sold. View Packaging Corp Of America's Current Options Chain.

Some companies that are related to Packaging Corp Of America include Emerson Electric (EMR), KONE OYJ/ADR (KNYJY), Eaton (ETN), FANUC LTD JAPAN/ADR (FANUY), Cintas (CTAS), Mitsui & Co Ltd (MITSY), Johnson Controls International (JCI), Rockwell Automation (ROK), SANDVIK AB/ADR (SDVKY), Parker-Hannifin (PH), Ball (BLL), ASSA ABLOY AB/S (ASAZY), Stanley Black & Decker (SWK), Komatsu (KMTUY) and Ferguson (FERGY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Packaging Corp Of America investors own include Home Depot (HD), Intel (INTC), Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ), Honeywell International (HON), Boeing (BA), NVIDIA (NVDA), Cisco Systems (CSCO) and Altria Group (MO).

Packaging Corp Of America trades on the New York Stock Exchange (NYSE) under the ticker symbol "PKG."

Packaging Corp Of America's stock is owned by a variety of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.09%) and Municipal Employees Retirement System of Michigan (0.01%). Company insiders that own Packaging Corp Of America stock include Bruce A Ridley, Donald R Shirley, Robert C Lyons and Thomas WH Walton. View institutional ownership trends for Packaging Corp Of America.

PKG stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Municipal Employees Retirement System of Michigan. View insider buying and selling activity for Packaging Corp Of America.

Shares of PKG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PKG stock can currently be purchased for approximately $100.00.

Packaging Corp Of America has a market capitalization of $9.48 billion and generates $6.96 billion in revenue each year. The industrial products company earns $696.40 million in net income (profit) each year or $7.65 on an earnings per share basis. Packaging Corp Of America employs 15,500 workers across the globe.

The official website for Packaging Corp Of America is www.packagingcorp.com.

Packaging Corp Of America's mailing address is 1 NORTH FIELD COURT, LAKE FOREST IL, 60045. The industrial products company can be reached via phone at 847-482-3000.