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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Solar Industry at Start of Long Bull Run? (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Scotts Miracle-Gro Hits Bottom, Reversal In Play
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Solar Industry at Start of Long Bull Run? (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Scotts Miracle-Gro Hits Bottom, Reversal In Play
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Solar Industry at Start of Long Bull Run? (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Scotts Miracle-Gro Hits Bottom, Reversal In Play
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
NYSE:PKG

Packaging Co. of America - PKG Stock Forecast, Price & News

$142.15
-0.55 (-0.39%)
(As of 02/1/2023 12:00 AM ET)
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Compare
Today's Range
$139.44
$143.10
50-Day Range
$127.01
$142.70
52-Week Range
$110.56
$168.50
Volume
889,430 shs
Average Volume
748,466 shs
Market Capitalization
$13.15 billion
P/E Ratio
12.91
Dividend Yield
3.50%
Price Target
$134.33

Packaging Co. of America MarketRank™ Forecast

Analyst Rating
Hold
1.86 Rating Score
Upside/​Downside
5.5% Downside
$134.33 Price Target
Short Interest
Healthy
1.70% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.50
Upright™ Environmental Score
News Sentiment
0.46mentions of Packaging Co. of America in the last 14 days
Based on 30 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.88%
From $9.11 to $9.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Industrial Products Sector

62nd out of 178 stocks

Paperboard Containers & Boxes Industry

3rd out of 4 stocks


PKG stock logo

About Packaging Co. of America (NYSE:PKG) Stock

Packaging Corporation 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.

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PKG Stock News Headlines

Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
Packaging Corp (PKG) Q4 Earnings Beat Estimates, Dip Y/Y
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Packaging Co. of America (PKG) to Release Earnings on Wednesday
Harpak-ULMA Announces 2-in-1 Automated Gravity Case Packer
See More Headlines
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PKG Company Calendar

Ex-Dividend for 1/13 Dividend
12/16/2022
Dividend Payable
1/13/2023
Last Earnings
1/26/2023
Today
2/02/2023
Next Earnings (Estimated)
4/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$134.33
High Stock Price Forecast
$176.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
-5.5%
Consensus Rating
Hold
Rating Score (0-4)
1.86
Research Coverage
7 Analysts

Profitability

Net Income
$1.03 billion
Pretax Margin
16.10%

Debt

Sales & Book Value

Annual Sales
$8.48 billion
Cash Flow
$13.80 per share
Book Value
$37.97 per share

Miscellaneous

Free Float
91,053,000
Market Cap
$13.15 billion
Optionable
Optionable
Beta
0.88

Social Links


Key Executives

  • Mark W. Kowlzan
    Chairman & Chief Executive Officer
  • Robert P. MundyRobert P. Mundy
    Chief Financial Officer & Executive Vice President
  • Robert A. SchneiderRobert A. Schneider
    Chief Information Officer & Vice President
  • D. Ray Shirley
    SVP-Corporate Engineering & Process Technology
  • Kent A. Pflederer
    Secretary, Senior Vice President & General Counsel













PKG Stock - Frequently Asked Questions

Should I buy or sell Packaging Co. of America stock right now?

7 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 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PKG shares. 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 PKG analyst ratings
or view top-rated stocks.

What is Packaging Co. of America's stock price forecast for 2023?

7 brokers have issued twelve-month target prices for Packaging Co. of America's stock. Their PKG share price forecasts range from $99.00 to $176.00. On average, they predict the company's share price to reach $134.33 in the next year. This suggests that the stock has a possible downside of 5.5%.
View analysts price targets for PKG
or view top-rated stocks among Wall Street analysts.

How have PKG shares performed in 2023?

Packaging Co. of America's stock was trading at $127.91 at the beginning of the year. Since then, PKG shares have increased by 11.1% and is now trading at $142.15.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our PKG earnings forecast
.

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

Packaging Co. of America (NYSE:PKG) issued its earnings results on Thursday, January, 26th. The industrial products company reported $2.35 EPS for the quarter, beating analysts' consensus estimates of $2.24 by $0.11. The industrial products company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2.05 billion. Packaging Co. of America had a trailing twelve-month return on equity of 26.58% and a net margin of 12.12%. The business's quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.76 EPS.
Read the conference call transcript
.

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, December 8th. Investors of record on Monday, December 19th will be paid a dividend of $1.25 per share on Friday, January 13th. This represents a $5.00 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend is Friday, December 16th.
Read our dividend analysis for PKG
.

Is Packaging Co. of America a good dividend stock?

Packaging Co. of America (NYSE:PKG) pays an annual dividend of $5.00 per share and currently has a dividend yield of 3.61%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 45.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PKG will have a dividend payout ratio of 55.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PKG.

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

Packaging Co. of America issued an update on its first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided EPS guidance of $2.23-$2.23 for the period, compared to the consensus estimate of $2.39. The company issued revenue guidance of -.

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

114 employees have rated Packaging Co. of America Chief Executive Officer Mark W. Kowlzan on Glassdoor.com. Mark W. Kowlzan has an approval rating of 95% among the company'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), 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 institutional and retail investors. Top institutional shareholders include Maj Invest Holding A S (1.82%), DekaBank Deutsche Girozentrale (0.36%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Boston Trust Walden Corp (0.31%), Fifth Third Bancorp (0.13%) and Foundry Partners LLC (0.12%). Insiders that own company stock include Bruce A Ridley, Charles J Carter, Donald R Shirley, Donna A Harman, Robert Andrew Schneider, Robert C Lyons, Robert P Mundy, Thomas A Hassfurther and Thomas WH Walton.
View institutional ownership trends
.

How do I buy shares of Packaging Co. of America?

Shares of PKG stock 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 $142.15.

How much money does Packaging Co. of America make?

Packaging Co. of America (NYSE:PKG) has a market capitalization of $13.15 billion and generates $8.48 billion in revenue each year. The industrial products company earns $1.03 billion in net income (profit) each year or $11.01 on an earnings per share basis.

How many employees does Packaging Co. of America have?

The company 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, B C T Incorporated, 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 Hydro Inc., PCA International Inc., PCA International Services LLC, PCA Michigan Acquisition LLC, PCA Texas Acquisition LLC, Packaging Asset Holdings LLC, Packaging Corporation of America, Packaging Corporation of Asia Limited, Packaging Materials Co, Polywoven Distributors PA LLC, Sacramento Container Corp., Sunbelt Packaging Services, and TimBar Packaging & Display.
Read More
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 official website for the company is www.packagingcorp.com. The industrial products company can be reached via phone at (847) 482-3000 or via fax at 847-482-4545.

This page (NYSE:PKG) was last updated on 2/2/2023 by MarketBeat.com Staff