Packaging Co. of America Stock Forecast, Price & News

Packaging Co. 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. Since then, PKG shares have increased by 59.2% and is now trading at $135.87.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last year. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

Wall Street analysts have given Packaging Co. of America a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Packaging Co. of America wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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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.

Packaging Co. of America is scheduled to release its next quarterly earnings announcement on Monday, April 26th 2021.
View our earnings forecast for Packaging Co. of America.

Packaging Co. of America (NYSE:PKG) posted its quarterly earnings results on Tuesday, January, 26th. The industrial products company reported $1.33 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.48 by $0.15. The industrial products company earned $1.71 billion during the quarter, compared to analysts' expectations of $1.73 billion. Packaging Co. of America had a net margin of 7.11% and a trailing twelve-month return on equity of 18.67%. The company's quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.71 earnings per share.
View Packaging Co. of America's earnings history.

Packaging Co. of America declared a quarterly dividend on Thursday, December 10th. Shareholders of record on Monday, December 21st will be paid a dividend of $1.00 per share on Friday, January 15th. This represents a $4.00 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Friday, December 18th. This is an increase from Packaging Co. of America's previous quarterly dividend of $0.79.
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 2.86%. Packaging Co. of America does not yet have a strock track record of dividend growth. The dividend payout ratio of Packaging Co. of America is 52.29%. 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 57.72% 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.

12 brokerages have issued 12-month target prices for Packaging Co. of America's stock. Their forecasts range from $98.00 to $160.00. On average, they expect Packaging Co. of America's stock price to reach $128.50 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
View analysts' price targets for Packaging Co. of America or view Wall Street analyst' top-rated stocks.

Some companies that are related to Packaging Co. of America include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), KONE Oyj (KNYJY), Johnson Controls International (JCI), Cintas (CTAS), Mitsui & Co., Ltd. (MITSY), Parker-Hannifin (PH), Sandvik (SDVKY), Techtronic Industries (TTNDY), Rockwell Automation (ROK), Ball (BLL), Stanley Black & Decker (SWK), Kubota (KUBTY) and Komatsu (KMTUY).
View all of PKG's competitors.

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 variety of retail and institutional investors. Top institutional investors include Maj Invest Holding A S (3.00%), Wedge Capital Management L L P NC (0.69%), KAMES CAPITAL plc (0.24%), Boston Trust Walden Corp (0.21%), New York State Teachers Retirement System (0.13%) and Robeco Institutional Asset Management B.V. (0.13%). Company insiders that own Packaging Co. of America stock include Bruce A Ridley, 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 Wedge Capital Management L L P NC, OLD National Bancorp IN, Transform Wealth LLC, New York State Teachers Retirement System, Boston Trust Walden Corp, CX Institutional, Nisa Investment Advisors LLC, and State of Alaska Department of Revenue. Company insiders that have sold Packaging Co. of America company stock in the last year include Bruce A Ridley, Robert Andrew Schneider, Thomas A Hassfurther, and Thomas WH Walton.
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PKG stock was bought by a variety of institutional investors in the last quarter, including Maj Invest Holding A S, KAMES CAPITAL plc, Candriam Luxembourg S.C.A., Moody Lynn & Lieberson LLC, Liberty Capital Management Inc., Strs Ohio, Kestra Advisory Services LLC, and Robeco Institutional Asset Management B.V..
View insider buying and selling activity for Packaging Co. of America or or view top insider-buying stocks.

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.

One share of PKG stock can currently be purchased for approximately $135.87.

Packaging Co. of America has a market capitalization of $12.88 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 Co. of America employs 15,500 workers across the globe.

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

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.