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 twelve months. 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) posted its quarterly earnings data on Sunday, April, 25th. The industrial products company reported $1.77 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.48 by $0.29. The industrial products company earned $1.81 billion during the quarter, compared to analyst estimates of $1.71 billion. Packaging Co. of America had a net margin of 7.11% and a trailing twelve-month return on equity of 18.67%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the business earned $1.50 earnings per share.
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. Since then, PKG shares have increased by 80.8% and is now trading at $154.37.
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Packaging Co. of America declared a quarterly dividend on Wednesday, May 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.59%. 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 2.64%. 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.

10 equities research analysts have issued 1-year target prices for Packaging Co. of America's shares. Their forecasts range from $105.00 to $160.00. On average, they expect Packaging Co. of America's stock price to reach $136.56 in the next twelve months. This suggests that the stock has a possible downside of 11.5%.
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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 Eaton (ETN), Emerson Electric (EMR), Murata Manufacturing (MRAAY), Johnson Controls International (JCI), Roper Technologies (ROP), Fanuc (FANUY), KONE Oyj (KNYJY), Parker-Hannifin (PH), Cintas (CTAS), Mitsui & Co., Ltd. (MITSY), Sandvik AB (publ) (SDVKY), Stanley Black & Decker (SWK), Techtronic Industries (TTNDY), Ashtead Group (ASHTY) and ASSA ABLOY AB (publ) (ASAZY).
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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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.63%), JPMorgan Chase & Co. (3.48%), Victory Capital Management Inc. (2.61%), Maj Invest Holding A S (2.42%), Geode Capital Management LLC (1.72%) and Northern Trust Corp (1.25%). 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 Wedge Capital Management L L P NC, Maj Invest Holding A S, National Pension Service, Principal Financial Group Inc., Bank of Nova Scotia, Citigroup Inc., Capital Investment Advisors LLC, and Acadian Asset Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Renaissance Technologies LLC, Barclays PLC, Waddell & Reed Financial Inc., TD Asset Management Inc., Teacher Retirement System of Texas, and APG Asset Management N.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.
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One share of PKG stock can currently be purchased for approximately $154.37.

Packaging Co. of America has a market capitalization of $14.66 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 15,200 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.