NYSE:PKG - Packaging Corp Of America Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Packaging Corp Of America Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $99.32 +0.38 (+0.38 %) (As of 02/19/2020 02:57 AM ET) Add Compare Today's Range$97.62Now: $99.32▼$99.5650-Day Range$95.75MA: $104.26▼$111.9952-Week Range$87.85Now: $99.32▼$114.78Volume978,032 shsAverage Volume895,561 shsMarket Capitalization$9.40 billionP/E Ratio13.55Dividend Yield3.19%Beta1.72 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Packaging 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. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Paperboard containers & boxes Sub-IndustryPaper Packaging SectorIndustrial Products Current SymbolNYSE:PKG Previous Symbol CUSIP69515610 CIK75677 Webhttp://www.packagingcorp.com/ Phone847-482-3000Debt Debt-to-Equity Ratio0.88 Current Ratio3.28 Quick Ratio2.24Price-To-Earnings Trailing P/E Ratio13.55 Forward P/E Ratio15.94 P/E Growth3.18 Sales & Book Value Annual Sales$6.96 billion Price / Sales1.35 Cash Flow$12.54 per share Price / Cash Flow7.92 Book Value$28.28 per share Price / Book3.51Profitability EPS (Most Recent Fiscal Year)$7.65 Net Income$696.40 million Net Margins10.00% Return on Equity24.89% Return on Assets10.28%Miscellaneous Employees15,000 Outstanding Shares94,658,000Market Cap$9.40 billion Next Earnings Date4/22/2020 (Estimated) OptionableOptionable Receive PKG News and Ratings via Email Sign-up to receive the latest news and ratings for PKG and its competitors with MarketBeat's FREE daily newsletter. PKG Rates by TradingView 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 declared a quarterly dividend on Thursday, December 12th. Shareholders of record on Friday, December 20th will be given a dividend of $0.79 per share on Wednesday, January 15th. This represents a $3.16 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, December 19th. View Packaging Corp Of America's Dividend History. How were Packaging Corp Of America's earnings last quarter? Packaging Corp Of America (NYSE:PKG) issued its quarterly earnings data on Wednesday, January, 29th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.70 by $0.01. The industrial products company earned $1.72 billion during the quarter, compared to analyst estimates of $1.70 billion. Packaging Corp Of America had a net margin of 10.00% and a return on equity of 24.89%. The business's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.17 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, April 22nd 2020. 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 first quarter earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of approx $1.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.64. What price target have analysts set for PKG? 14 brokers have issued 1 year target prices for Packaging Corp Of America's shares. Their forecasts range from $89.00 to $118.00. On average, they anticipate Packaging Corp Of America's share price to reach $105.92 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets for Packaging Corp Of America. What is the consensus analysts' recommendation for Packaging Corp Of America? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Packaging Corp Of America in the last year. There are currently 2 sell ratings, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Packaging Corp Of America. 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 Corp projects earnings per share of around $1.70 for fourth-quarter 2019 compared with the prior-year quarter’s $2.15 per share. The guidance reflects year-over-year decline of 21%. The company expects slightly lower prices, higher operating and converting costs in its segments as well as sequentially higher maintenance outage costs, for the fourth quarter. Nevertheless, Packaging Corp is poised to benefit from strong demand stemming from the booming ecommerce market that will lead to increase in box demand. The company’s discontinuation of the production of uncoated free sheet and coated one-side grades at the Wallula mill will help the company to improve margins in the paper segment. It maintains a balanced approach toward capital allocation in order to profitably grow the company and maximize shareholders returns." (1/6/2020) 2. KeyCorp analysts commented, "We are leaving our recently-reduced 2019 and 2020 estimates unchanged post-earnings, and remain Sector Weight given our concerns about global containerboard market conditions (prices are falling in all major markets). As just stated, we are maintaining our 2019 adj. EPS estimate of $8.19 (consensus is $8.27) and 2020 estimate of $8.25 (consensus is $8.03) following the slight 1Q beat and 2Q guide-below. In terms of PKG’s box demand trends, its 1Q shipments were up 0.7% (the industry was down 0.5%, by comparison) and its shipments in the 15 days of April were up a fairly similar 0.5%. The Company made the point that it’s not just U.S. containerboard exports that are affected by economic weakness in other markets; U.S. box shipments are affected as well, as many of its customers are global companies." (4/25/2019) Has Packaging Corp Of America been receiving favorable news coverage? Headlines about PKG stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Packaging Corp Of America earned a coverage optimism score of 2.8 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View News Stories for Packaging Corp Of America. Who are some of Packaging Corp Of America's key competitors? Some companies that are related to Packaging Corp Of America include MURATA MFG CO L/ADR (MRAAY), FANUC LTD JAPAN/ADR (FANUY), Ingersoll-Rand (IR), Johnson Controls International (JCI), Cintas (CTAS), Mitsui & Co Ltd (MITSY), ASSA ABLOY AB/S (ASAZY), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Ball (BLL), SANDVIK AB/ADR (SDVKY), Rockwell Automation (ROK), Ferguson (FERGY), Komatsu (KMTUY) and BAE Systems (BA). What other stocks do shareholders of Packaging Corp Of America own? Based on aggregate information from My MarketBeat watchlists, some companies that other Packaging Corp Of America investors own include Home Depot (HD), Verizon Communications (VZ), Intel (INTC), AT&T (T), Johnson & Johnson (jnj), Boeing (BA), NVIDIA (NVDA), Cisco Systems (CSCO), Alibaba Group (BABA) and Visa (V). 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 63)Mr. Robert P. Mundy, Sr. VP & CFO (Age 57)Mr. Kent A. Pflederer, Sr. VP, Gen. Counsel & Sec. (Age 48)Mr. Thomas A. Hassfurther, Exec. VP of Corrugated Products (Age 63)Mr. Charles J. Carter, Sr. VP of Containerboard Mill Operations (Age 59) Who are Packaging Corp Of America's major shareholders? Packaging Corp Of America's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (7.33%), Capital World Investors (4.81%), State Street Corp (4.36%), Maj Invest Holding A S (1.92%), Goldman Sachs Group Inc. (1.62%) and Victory Capital Management Inc. (1.56%). Company insiders that own Packaging Corp Of America stock include Bruce A Ridley, Donald R Shirley, Paul T Stecko, Robert C Lyons and Thomas WH Walton. View Institutional Ownership Trends for Packaging Corp Of America. Which major investors are selling Packaging Corp Of America stock? PKG stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Schroder Investment Management Group, Bank of New York Mellon Corp, Wedge Capital Management L L P NC, Cubist Systematic Strategies LLC, California Public Employees Retirement System, Usca Ria LLC and Eaton Vance Management. Company insiders that have sold Packaging Corp Of America company stock in the last year include Bruce A Ridley, Donald R Shirley and Thomas WH Walton. View Insider Buying and Selling for Packaging Corp Of America. Which major investors are buying Packaging Corp Of America stock? PKG stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Goldman Sachs Group Inc., Janus Henderson Group PLC, Maj Invest Holding A S, Capital World Investors, Public Sector Pension Investment Board, Hennessy Advisors Inc. and UBS Group AG. 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, Robinhood, 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 $99.32. How big of a company is Packaging Corp Of America? Packaging Corp Of America has a market capitalization of $9.40 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 Corp Of America employs 15,000 workers across the globe.View Additional Information About Packaging Corp Of America. What is Packaging Corp Of America's official website? The official website for Packaging Corp Of America is http://www.packagingcorp.com/. How can I contact Packaging Corp Of America? Packaging Corp 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. MarketBeat Community Rating for Packaging Corp Of America (NYSE PKG)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 464 (Vote Outperform)Underperform Votes: 534 (Vote Underperform)Total Votes: 998MarketBeat'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 2/19/2020 by MarketBeat.com StaffFeatured Article: What does the Dogs of the Dow mean?
