NYSE:PKG - Packaging Corp Of America Stock Price, Price Target & More

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$116.29 +1.07 (+0.93 %)
(As of 07/20/2018 02:36 AM ET)
Previous Close$115.22
Today's Range$114.71 - $116.44
52-Week Range$105.81 - $131.13
Volume556,400 shs
Average Volume767,743 shs
Market Capitalization$10.82 billion
P/E Ratio19.32
Dividend Yield2.76%
Beta1.82
Packaging Corp Of America logoPackaging Corporation of America manufactures and sells containerboard and corrugated packaging products primarily in the United States. The company's Packaging segment offers various corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products. It also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. Its Paper segment manufactures and sells white papers comprising commodity and specialty papers with various features, such as colors, coatings, high brightness, and recycled content. The white papers also consist of communication papers, including cut-size office papers, and printing and converting papers; and pressure sensitive papers, such as release liners that are used to produce labels for use in consumer and commercially-packaged products. This segment sells white papers through the company's own sales personnel. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Paperboard containers & boxes
Sub-IndustryPaper Packaging
SectorIndustrial Products
SymbolNYSE:PKG
CUSIP69515610
Phone847-482-3000

Debt

Debt-to-Equity Ratio1.10
Current Ratio2.72
Quick Ratio1.58

Price-To-Earnings

Trailing P/E Ratio19.32
Forward P/E Ratio14.61
P/E Growth1.73

Sales & Book Value

Annual Sales$6.44 billion
Price / Sales1.70
Cash Flow$10.4296 per share
Price / Cash11.15
Book Value$23.13 per share
Price / Book5.03

Profitability

EPS (Most Recent Fiscal Year)$6.02
Net Income$668.60 million
Net Margins10.48%
Return on Equity28.10%
Return on Assets9.80%

Miscellaneous

Employees14,600
Outstanding Shares94,350,000
Market Cap$10,818.73

Packaging Corp Of America (NYSE:PKG) Frequently Asked Questions

What is Packaging Corp Of America's stock symbol?

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

How often does Packaging Corp Of America pay dividends? What is the dividend yield for Packaging Corp Of America?

Packaging Corp Of America announced a quarterly dividend on Tuesday, May 15th. Shareholders of record on Friday, June 15th will be given a dividend of $0.79 per share on Friday, July 13th. This represents a $3.16 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Thursday, June 14th. This is an increase from Packaging Corp Of America's previous quarterly dividend of $0.63. View Packaging Corp Of America's Dividend History.

How were Packaging Corp Of America's earnings last quarter?

Packaging Corp Of America (NYSE:PKG) posted its quarterly earnings data on Tuesday, April, 24th. The industrial products company reported $1.55 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.53 by $0.02. The industrial products company earned $1.69 billion during the quarter, compared to analyst estimates of $1.64 billion. Packaging Corp Of America had a return on equity of 28.10% and a net margin of 10.48%. The business's revenue was up 10.0% on a year-over-year basis. During the same period last year, the business posted $1.27 EPS. View Packaging Corp Of America's Earnings History.

When is Packaging Corp Of America's next earnings date?

Packaging Corp Of America is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Packaging Corp Of America.

What guidance has Packaging Corp Of America issued on next quarter's earnings?

Packaging Corp Of America issued an update on its second quarter earnings guidance on Tuesday, April, 24th. The company provided EPS guidance of approx $1.96 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.88.

What price target have analysts set for PKG?

11 analysts have issued 12-month price objectives for Packaging Corp Of America's shares. Their forecasts range from $120.00 to $150.00. On average, they expect Packaging Corp Of America's share price to reach $130.20 in the next year. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Ratings for Packaging Corp Of America.

What is the consensus analysts' recommendation for Packaging Corp Of America?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Packaging Corp Of America in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Packaging Corp Of America stock?

Here are some recent quotes from research analysts about Packaging Corp Of America stock:
  • 1. According to Zacks Investment Research, "Packaging Corporation expects that its second-quarter 2018 earnings will be $1.96 per share, reflecting 29% year-over-year growth. It expects demand in Packaging segment to remain strong in the second quarter, resulting in higher corrugated products and containerboard shipments. Packaging Corporation will also benefit from price increases, improved activities in the Wallula mill, and growth in e-commerce. Lower tax rate will also aid results. The stock has outperformed the industry it belongs to in a year’s time. However, Packaging Corporation's results will be impacted by lower containerboard volumes in the Paper segment, elevated costs and strong competition." (6/27/2018)
  • 2. KeyCorp analysts commented, "We are reducing our 2018 and 2019 EBITDA estimates following the Company’s 1Q18 guidance, but increasing our EPS estimates to reflect tax benefits." (2/2/2018)

Who are some of Packaging Corp Of America's key competitors?

Who are Packaging Corp Of America's key executives?

Packaging Corp Of America's management team includes the folowing people:
  • Mr. Mark W. Kowlzan, Chairman & CEO (Age 62)
  • Mr. Robert P. Mundy, Sr. VP & CFO (Age 56)
  • Mr. Kent A. Pflederer, Sr. VP, Gen. Counsel & Sec. (Age 47)
  • Mr. Thomas A. Hassfurther, Exec. VP of Corrugated Products (Age 62)
  • Mr. Charles J. Carter, Sr. VP of Containerboard Mill Operations (Age 58)

Has Packaging Corp Of America been receiving favorable news coverage?

News stories about PKG stock have been trending positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Packaging Corp Of America earned a coverage optimism score of 0.26 on Accern's scale. They also assigned media stories about the industrial products company an impact score of 48.56 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Packaging Corp Of America's major shareholders?

Packaging Corp Of America's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.11%), Howard Capital Management Inc. (0.10%), JLB & Associates Inc. (0.09%), Boston Advisors LLC (0.05%), NN Investment Partners Holdings N.V. (0.05%) and Retirement Systems of Alabama (0.05%). Company insiders that own Packaging Corp Of America stock include Charles J Carter, Jason Wayne Moreau, Kelly Abbott, Kent A Pflederer, Paul T Stecko, Thomas A Hassfurther and Thomas WH Walton. View Institutional Ownership Trends for Packaging Corp Of America.

Which institutional investors are selling Packaging Corp Of America stock?

PKG stock was sold by a variety of institutional investors in the last quarter, including Hartford Investment Management Co., Oakbrook Investments LLC, Central Bank & Trust Co., Retirement Systems of Alabama, Gateway Investment Advisers LLC and Huntington National Bank. Company insiders that have sold Packaging Corp Of America company stock in the last year include Charles J Carter, Jason Wayne Moreau, Paul T Stecko, Thomas A Hassfurther and Thomas WH Walton. View Insider Buying and Selling for Packaging Corp Of America.

Which institutional investors are buying Packaging Corp Of America stock?

PKG stock was bought by a variety of institutional investors in the last quarter, including Howard Capital Management Inc., NN Investment Partners Holdings N.V., Clinton Group Inc., State of Alaska Department of Revenue, Handelsbanken Fonder AB, Nisa Investment Advisors LLC, Boston Advisors LLC and New England Research & Management Inc.. Company insiders that have bought Packaging Corp Of America stock in the last two years include Jason Wayne Moreau and Kelly Abbott. View Insider Buying and Selling for Packaging Corp Of America.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Packaging Corp Of America's stock price today?

One share of PKG stock can currently be purchased for approximately $116.29.

How big of a company is Packaging Corp Of America?

Packaging Corp Of America has a market capitalization of $10.82 billion and generates $6.44 billion in revenue each year. The industrial products company earns $668.60 million in net income (profit) each year or $6.02 on an earnings per share basis. Packaging Corp Of America employs 14,600 workers across the globe.

How can I contact Packaging Corp Of America?

Packaging Corp Of America's mailing address is 1955 WEST FIELD COURT, LAKE FOREST IL, 60045. The industrial products company can be reached via phone at 847-482-3000.


MarketBeat Community Rating for Packaging Corp Of America (NYSE PKG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  359 (Vote Outperform)
Underperform Votes:  412 (Vote Underperform)
Total Votes:  771
MarketBeat's community ratings are surveys of what our community members think about Packaging Corp Of America and other stocks. Vote "Outperform" if you believe PKG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PKG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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