S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:PKG

Packaging Co. of America Stock Forecast, Price & News

$133.21
+1.29 (+0.98%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$131.42
$133.69
50-Day Range
$129.51
$143.63
52-Week Range
$127.06
$156.54
Volume
1.05 million shs
Average Volume
618,017 shs
Market Capitalization
$12.65 billion
P/E Ratio
16.97
Dividend Yield
3.00%
Beta
0.9
30 days | 90 days | 365 days | Advanced Chart
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Packaging Co. of America logo

About Packaging Co. of America

Packaging Corp. of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers. The Corporate and Other segment focuses on transportation assets, such as rail cars, and trucks. The company was founded in 1959 and is headquartered in Lake Forest, IL.

Headlines

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Industry, Sector and Symbol

Industry
Paperboard containers & boxes
Sub-Industry
Paper Packaging
CUSIP
69515610
Employees
15,200
Year Founded
1959

Sales & Book Value

Annual Sales
$6.66 billion
Cash Flow
$10.58 per share
Book Value
$37.99 per share

Profitability

Net Income
$461 million
Pretax Margin
13.42%

Debt

Price-To-Earnings

Miscellaneous

Free Float
93,471,000
Market Cap
$12.65 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
10/15/2021
Last Earnings
10/24/2021
Today
12/06/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

Social Links


MarketRank

Overall MarketRank

2.77 out of 5 stars

Industrial Products Sector

45th out of 246 stocks

Paperboard Containers & Boxes Industry

3rd out of 5 stocks

Analyst Opinion: 2.0Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Packaging Co. of America (NYSE:PKG) Frequently Asked Questions

Is Packaging Co. of America a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.
View analyst ratings for Packaging Co. of America
or view top-rated stocks.

How has Packaging Co. of America's stock price been impacted by Coronavirus (COVID-19)?

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 shares have increased by 56.0% and is now trading at $133.21.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Packaging Co. of America?

Packaging Co. of America saw a increase in short interest in the month of October. As of October 29th, there was short interest totaling 2,290,000 shares, an increase of 19.3% from the October 14th total of 1,920,000 shares. Based on an average daily volume of 629,400 shares, the short-interest ratio is currently 3.6 days. Approximately 2.5% of the shares of the company are sold short.
View Packaging Co. of America's Short Interest
.

When is Packaging Co. of America's next earnings date?

Packaging Co. of America is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Packaging Co. of America
.

How were Packaging Co. of America's earnings last quarter?

Packaging Co. of America (NYSE:PKG) announced its earnings results on Sunday, October, 24th. The industrial products company reported $2.69 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.34 by $0.35. The industrial products company earned $2 billion during the quarter, compared to analysts' expectations of $1.93 billion. Packaging Co. of America had a trailing twelve-month return on equity of 22.26% and a net margin of 10.11%. The firm's revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.57 EPS.
View Packaging Co. of America's earnings history
.

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 Thursday, August 26th. Shareholders of record on Wednesday, September 15th will be paid a dividend of $1.00 per share on Friday, October 15th. This represents a $4.00 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Tuesday, September 14th.
View Packaging Co. of America's dividend history
.

Is Packaging Co. of America a good dividend stock?

Packaging Co. of America pays an annual dividend of $4.00 per share and currently has a dividend yield of 3.00%. Packaging Co. of America has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Packaging Co. of America is 50.96%. 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 42.92% 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.

What guidance has Packaging Co. of America issued on next quarter's earnings?

Packaging Co. of America updated its fourth quarter 2021 earnings guidance on Monday, November, 1st. The company provided earnings per share guidance of $2.040-$2.040 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.150. The company issued revenue guidance of -.

What price target have analysts set for PKG?

10 brokers have issued 1 year price targets for Packaging Co. of America's shares. Their forecasts range from $125.00 to $160.00. On average, they expect Packaging Co. of America's stock price to reach $141.56 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
View analysts' price targets for Packaging Co. of America
or view top-rated stocks among Wall Street analysts.

Who are Packaging Co. of America's key executives?

Packaging Co. of America's management team includes the following people:
  • Mark W. Kowlzan, Chairman & Chief Executive Officer
  • Robert P. Mundy, Chief Financial Officer & Executive Vice President
  • Robert A. Schneider, Chief Information Officer & Vice President
  • D. Ray Shirley, SVP-Corporate Engineering & Process Technology
  • Kent A. Pflederer, Secretary, Senior Vice President & General Counsel

What is Mark W. Kowlzan's approval rating as Packaging Co. of America's CEO?

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.

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), Honeywell International (HON), NVIDIA (NVDA) and Bristol-Myers Squibb (BMY).

What is Packaging Co. of America's stock symbol?

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

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 investors include BlackRock Inc. (8.19%), Capital World Investors (5.21%), Victory Capital Management Inc. (3.10%), Maj Invest Holding A S (2.42%), Geode Capital Management LLC (1.87%) and American Century Companies Inc. (1.73%). 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
.

Which major investors are selling Packaging Co. of America stock?

PKG stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Morgan Stanley, BlackRock Inc., Invesco Ltd., Voloridge Investment Management LLC, Natixis, Renaissance Technologies LLC, and Principal Financial Group Inc.. Company insiders that have sold Packaging Co. of America company stock in the last year include Charles J Carter, and Donald R Shirley.
View insider buying and selling activity for Packaging Co. of America
or view top insider-selling stocks.

Which major investors are buying Packaging Co. of America stock?

PKG stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Victory Capital Management Inc., Capital World Investors, American Century Companies Inc., Geode Capital Management LLC, Unigestion Holding SA, Pinebridge Investments L.P., and Eaton Vance Management.
View insider buying and selling activity for Packaging Co. of America
or or view top insider-buying stocks.

How do I buy shares of Packaging Co. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Packaging Co. of America's stock price today?

One share of PKG stock can currently be purchased for approximately $133.21.

How much money does Packaging Co. of America make?

Packaging Co. of America has a market capitalization of $12.65 billion and generates $6.66 billion in revenue each year. The industrial products company earns $461 million in net income (profit) each year or $7.85 on an earnings per share basis.

How many employees does Packaging Co. of America have?

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

Does Packaging Co. of America have any subsidiaries?

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.

When was Packaging Co. of America founded?

Packaging Co. of America was founded in 1959.

What is Packaging Co. of America's official website?

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

Where are Packaging Co. of America's headquarters?

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

How can I contact Packaging Co. of America?

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 or via fax at 847-482-4545.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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