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MarketBeat Week in Review – 3/20 - 3/24
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The gold catalyst we’ve waited for (Ad)
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Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
The gold catalyst we’ve waited for (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
The gold catalyst we’ve waited for (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
The gold catalyst we’ve waited for (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
NYSE:PKG

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

$133.15
+2.07 (+1.58%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$129.20
$133.34
50-Day Range
$127.32
$145.09
52-Week Range
$110.56
$168.50
Volume
470,090 shs
Average Volume
922,139 shs
Market Capitalization
$11.94 billion
P/E Ratio
12.09
Dividend Yield
3.76%
Price Target
$131.88

Packaging Co. of America MarketRank™ Forecast

Analyst Rating
Hold
1.83 Rating Score
Upside/​Downside
1.0% Downside
$131.88 Price Target
Short Interest
Healthy
2.79% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.50
Upright™ Environmental Score
News Sentiment
0.80mentions of Packaging Co. of America in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.09%
From $9.15 to $9.05 Per Share

Overall MarketRank

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

2.04 out of 5 stars

Industrial Products Sector

111th out of 177 stocks

Paperboard Containers & Boxes Industry

4th 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

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Recyclable Packaging Global Market Report 2023
30 Best Stocks to Buy for Retirement
Graphic Packaging to invest $1B in Texas
Packaging Corp (PKG) Q4 Earnings Beat Estimates, Dip Y/Y
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
Ex-Dividend for 4/14 Dividend
3/14/2023
Today
3/25/2023
Dividend Payable
4/14/2023
Next Earnings (Confirmed)
4/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Paperboard containers & boxes
Sub-Industry
Paper Packaging
CUSIP
69515610
Employees
15,100
Year Founded
1959

Price Target and Rating

Average Stock Price Forecast
$131.88
High Stock Price Forecast
$176.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
-1.0%
Consensus Rating
Hold
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$1.03 billion
Pretax Margin
16.10%

Debt

Sales & Book Value

Annual Sales
$8.48 billion
Cash Flow
$16.50 per share
Book Value
$39.63 per share

Miscellaneous

Free Float
88,258,000
Market Cap
$11.94 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?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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?

6 Wall Street analysts have issued twelve-month price targets for Packaging Co. of America's shares. Their PKG share price forecasts range from $99.00 to $176.00. On average, they anticipate the company's share price to reach $131.88 in the next twelve months. This suggests that the stock has a possible downside of 1.0%.
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 start of the year. Since then, PKG shares have increased by 4.1% and is now trading at $133.15.
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 can I listen to Packaging Co. of America's earnings call?

Packaging Co. of America will be holding an earnings conference call on Tuesday, April 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "5863789".

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

Packaging Co. of America (NYSE:PKG) issued its quarterly earnings results on Thursday, January, 26th. The industrial products company reported $2.35 earnings per share for the quarter, topping 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 27.00% and a net margin of 12.12%. The company's revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.76 earnings per share.
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, February 23rd. Stockholders of record on Wednesday, March 15th will be paid a dividend of $1.25 per share on Friday, April 14th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date is Tuesday, March 14th.
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 3.83%. 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 55.25% 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 updated 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), Honeywell International (HON), 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 many different institutional and retail investors. Top institutional investors include Bank of America Corp DE (4.22%), JPMorgan Chase & Co. (3.93%), American Century Companies Inc. (3.79%), Victory Capital Management Inc. (3.64%), Victory Capital Management Inc. (3.51%) and Geode Capital Management LLC (2.17%). Insiders that own company stock include Bruce A Ridley, Charles J Carter, Donald R Shirley, Donna A Harman, Robert Andrew Schneider, 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 $133.15.

How much money does Packaging Co. of America make?

Packaging Co. of America (NYSE:PKG) has a market capitalization of $11.94 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 15,100 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 3/25/2023 by MarketBeat.com Staff