Packaging Co. of America Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Packaging Co. of America stock. 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.
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Wall Street analysts have given Packaging Co. of America a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Packaging Co. of America wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Packaging Co. of America is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
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Packaging Co. of America (NYSE:PKG) announced its earnings results on Sunday, April, 25th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.48 by $0.29. The industrial products company had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.71 billion. Packaging Co. of America had a trailing twelve-month return on equity of 17.85% and a net margin of 7.19%. The company's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.50 EPS.
View Packaging Co. of America's earnings history.

Packaging Co. of America's stock was trading at $85.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PKG stock has increased by 68.5% and is now trading at $143.85.
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Packaging Co. of America declared a quarterly dividend on Wednesday, May 5th. Shareholders of record on Tuesday, June 15th will be given a dividend of $1.00 per share on Thursday, July 15th. This represents a $4.00 annualized dividend and a yield of 2.78%. The ex-dividend date is Monday, June 14th.
View Packaging Co. of America's dividend history.

Packaging Co. of America pays an annual dividend of $4.00 per share and currently has a dividend yield of 2.80%. Packaging Co. of America does not yet have a strong track record of dividend growth. The dividend payout ratio of Packaging Co. of America is 69.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Packaging Co. of America will have a dividend payout ratio of 48.19% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend.
View Packaging Co. of America's dividend history.

10 brokers have issued 1-year price objectives for Packaging Co. of America's shares. Their forecasts range from $105.00 to $160.00. On average, they anticipate Packaging Co. of America's share price to reach $136.56 in the next year. This suggests that the stock has a possible downside of 5.1%.
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114 employees have rated Packaging Co. of America CEO Mark W. Kowlzan on Glassdoor.com. Mark W. Kowlzan has an approval rating of 95% among Packaging Co. of America's employees. This puts Mark W. Kowlzan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Packaging Co. of America include Murata Manufacturing (MRAAY), Fanuc (FANUY), Johnson Controls International (JCI), Roper Technologies (ROP), KONE Oyj (KNYJY), Mitsui & Co., Ltd. (MITSY), Parker-Hannifin (PH), Cintas (CTAS), Sandvik AB (publ) (SDVKY), Stanley Black & Decker (SWK), ASSA ABLOY AB (publ) (ASAZY), Rockwell Automation (ROK), Ashtead Group (ASHTY), Techtronic Industries (TTNDY) and Ferguson (FERG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Packaging Co. of America investors own include The Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Pfizer (PFE), The Boeing (BA), Honeywell International (HON), NVIDIA (NVDA) and Bristol-Myers Squibb (BMY).

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

Packaging Co. of America's stock is owned by a number of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (11.33%), BlackRock Inc. (8.63%), JPMorgan Chase & Co. (3.48%), Victory Capital Management Inc. (2.61%), Maj Invest Holding A S (2.42%) and Geode Capital Management LLC (1.72%). Company insiders that own Packaging Co. of America stock include Bruce A Ridley, Charles J Carter, Donald R Shirley, Robert Andrew Schneider, Robert C Lyons, Thomas A Hassfurther and Thomas WH Walton.
View institutional ownership trends for Packaging Co. of America.

PKG stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Wedge Capital Management L L P NC, Maj Invest Holding A S, Eaton Vance Management, Janus Henderson Group PLC, National Pension Service, Mirabella Financial Services LLP, and Principal Financial Group Inc.. Company insiders that have sold Packaging Co. of America company stock in the last year include Bruce A Ridley, Charles J Carter, Robert Andrew Schneider, Thomas A Hassfurther, and Thomas WH Walton.
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PKG stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Millennium Management LLC, BlackRock Inc., Nuveen Asset Management LLC, Morgan Stanley, Voloridge Investment Management LLC, D. E. Shaw & Co. Inc., and AQR Capital Management LLC.
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Shares of PKG 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.
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One share of PKG stock can currently be purchased for approximately $143.85.

Packaging Co. of America has a market capitalization of $13.66 billion and generates $6.66 billion in revenue each year. The industrial products company earns $461 million in net income (profit) each year or $5.78 on an earnings per share basis.

Packaging Co. of America employs 15,200 workers across the globe.

The following companies are subsidiares of Packaging Co. of America: Acorn Corrugated Box, 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 Corrugated and Display LLC, PCA Hydro Inc, PCA International Inc., PCA International Services LLC, PCA Texas Acquisition LLC, Packaging Corporation of Asia Limited, Packaging Materials Co, Polywoven Distributors PA LLC, Sacramento Container Corp., Sunbelt Packaging Services, and TimBar Packaging & Display.

Packaging Co. of America was founded in 1959.

The official website for Packaging Co. of America is www.packagingcorp.com.

Packaging Co. of America is headquartered at 1 NORTH FIELD COURT, LAKE FOREST IL, 60045.

Packaging Co. 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.