NYSE:PKG - Packaging Corp Of America Stock Price, Forecast & News

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

Packaging Corp Of America announced 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 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Thursday, December 19th. View Packaging Corp Of America's Dividend History.

Packaging Corp Of America (NYSE:PKG) issued its quarterly earnings results on Wednesday, October, 23rd. The industrial products company reported $1.92 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.90 by $0.02. The industrial products company had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.79 billion. Packaging Corp Of America had a return on equity of 26.92% and a net margin of 10.94%. The company's quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.23 earnings per share. View Packaging Corp Of America's Earnings History.

Packaging Corp Of America is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Packaging Corp Of America.

Packaging Corp Of America will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 equities research analysts have issued 12 month price targets for Packaging Corp Of America's shares. Their forecasts range from $89.00 to $118.00. On average, they expect Packaging Corp Of America's share price to reach $107.92 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Packaging Corp Of America.

13 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, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Packaging Corp Of America.

Media stories about PKG stock have been trending very negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Packaging Corp Of America earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Packaging Corp Of America.

Packaging Corp Of America saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 3,260,000 shares, an increase of 10.5% from the November 28th total of 2,950,000 shares. Based on an average trading volume of 688,400 shares, the days-to-cover ratio is currently 4.7 days. Approximately 3.5% of the company's stock are sold short. View Packaging Corp Of America's Current Options Chain.

Some companies that are related to Packaging Corp Of America include Eaton (ETN), Roper Technologies (ROP), MURATA MFG CO L/ADR (MRAAY), FANUC LTD JAPAN/ADR (FANUY), Johnson Controls International (JCI), Ingersoll-Rand (IR), Mitsui & Co Ltd (MITSY), Cintas (CTAS), ASSA ABLOY AB/S (ASAZY), Parker-Hannifin (PH), Stanley Black & Decker (SWK), SANDVIK AB/ADR (SDVKY), Ball (BLL), Rockwell Automation (ROK) and Komatsu (KMTUY).

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), AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), Boeing (BA), Cisco Systems (CSCO), NVIDIA (NVDA), Alibaba Group (BABA) and Visa (V).

Packaging Corp Of America's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.88%), Hamlin Capital Management LLC (0.46%), Boston Trust Walden Corp (0.19%), New York State Teachers Retirement System (0.15%), Braun Stacey Associates Inc. (0.14%) and CHURCHILL MANAGEMENT Corp (0.13%). Company insiders that own Packaging Corp Of America stock include Bruce A Ridley, Donald R Shirley, Paul T Stecko and Thomas WH Walton. View Institutional Ownership Trends for Packaging Corp Of America.

PKG stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Taylor Cottrill Erickson & Associates Inc., Hamlin Capital Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Nisa Investment Advisors LLC, NEXT Financial Group Inc, New York State Teachers Retirement System and Buckley Wealth Management LLC. 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.

PKG stock was purchased by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Johanson Financial Advisors Inc., Campbell & CO Investment Adviser LLC, DNB Asset Management AS, Norman Fields Gottscho Capital Management LLC, Strs Ohio, AE Wealth Management LLC and Boston Trust Walden Corp. View Insider Buying and Selling for 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.

One share of PKG stock can currently be purchased for approximately $105.65.

Packaging Corp Of America has a market capitalization of $10.00 billion and generates $7.01 billion in revenue each year. The industrial products company earns $738 million in net income (profit) each year or $8.03 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.

The official website for Packaging Corp Of America is http://www.packagingcorp.com/.

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.