NYSE:PKG

Packaging Co. of America Stock Forecast, Price & News

$135.87

-3.97 (-2.84 %)

(As of 01/27/2021 12:00 AM ET)

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Today's Range

$135.03

Now: $135.87▼

$140.12

50-Day Range

$131.68

MA: $138.92▼

$147.23

52-Week Range

$71.05

Now: $135.87▼

$148.14

Volume644,931 shs

Average Volume684,664 shs

Market Capitalization$12.88 billion

P/E Ratio27.34

Dividend Yield2.86%

Beta1.07

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and 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, as well as 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. The Paper segment manufactures and sells commodity and specialty papers, as well as communication-based papers, such as cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

MarketRank^™

Overall MarketRank^™

2.21 out of 5 stars

Industrial Products Sector

23rd out of 398 stocks

Paperboard Containers & Boxes Industry

1st out of 6 stocks

2.1 Analyst's Opinion

Consensus Rating
Packaging Co. of America has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $128.50, Packaging Co. of America has a forecasted downside of 5.4% from its current price of $135.87.
Amount of Analyst Coverage
Packaging Co. of America has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Packaging Co. of America has received 486 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Packaging Co. of America has received 564 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Packaging Co. of America has received 53.71% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Packaging Co. 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.

2.5 Dividend Strength

Dividend Yield
Packaging Co. of America pays a meaningful dividend of 2.86%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Packaging Co. of America has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Packaging Co. of America is 52.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Packaging Co. of America will have a dividend payout ratio of 57.72% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Packaging Co. of America insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,194,032.00 in company stock.
Percentage Held by Insiders
Only 1.60% of the stock of Packaging Co. of America is held by insiders.
Percentage Held by Institutions
88.40% of the stock of Packaging Co. of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Packaging Co. of America are expected to grow by 18.66% in the coming year, from $5.84 to $6.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Packaging Co. of America is 27.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Packaging Co. of America is 27.34, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 39.28.
Price to Earnings Growth Ratio
Packaging Co. of America has a PEG Ratio of 4.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Packaging Co. of America has a P/B Ratio of 4.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Paperboard containers & boxes

Sub-IndustryPaper Packaging

SectorIndustrial Products

Current SymbolNYSE:PKG

Previous Symbol

CUSIP69515610

CIK75677

Webwww.packagingcorp.com

Phone847-482-3000

Employees15,500

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.78

Current Ratio3.54

Quick Ratio2.54

Price-To-Earnings

Trailing P/E Ratio27.34

Forward P/E Ratio23.27

P/E Growth4.14

Sales & Book Value

Annual Sales$6.96 billion

Price / Sales1.85

Cash Flow$11.35 per share

Price / Cash Flow11.97

Book Value$32.44 per share

Price / Book4.19

Profitability

EPS (Most Recent Fiscal Year)$7.65

Net Income$696.40 million

Net Margins7.11%

Return on Equity18.67%

Return on Assets8.02%

Miscellaneous

Outstanding Shares94,831,000

Market Cap$12.88 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$135.87

-3.97 (-2.84 %)

(As of 01/27/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Packaging Co. of America (NYSE:PKG) Frequently Asked Questions

How has Packaging Co. of America's stock been impacted by Coronavirus?

Packaging Co. of America's stock was trading at $85.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PKG shares have increased by 59.2% and is now trading at $135.87.
View which stocks have been most impacted by COVID-19.

Is Packaging Co. of America a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last year. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Packaging Co. of America stock. 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 analyst ratings for Packaging Co. of America or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Packaging Co. of America?

Wall Street analysts have given Packaging Co. of America a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Packaging Co. of America wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

114 employees have rated Packaging Co. of America CEO Mark W. Kowlzan on Glassdoor.com. Mark W. Kowlzan has an approval rating of 95% among Packaging Co. of America's employees. This puts Mark W. Kowlzan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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

Packaging Co. of America is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Packaging Co. of America.

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

Packaging Co. of America (NYSE:PKG) posted its earnings results on Wednesday, January, 27th. The industrial products company reported $1.33 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.48 by $0.15. The industrial products company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.73 billion. Packaging Co. of America had a trailing twelve-month return on equity of 18.67% and a net margin of 7.11%. The firm's quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the company earned $1.71 EPS.
View Packaging Co. of America's earnings history.

How often does Packaging Co. of America pay dividends? What is the dividend yield for Packaging Co. of America?

Packaging Co. of America announced a quarterly dividend on Thursday, December 10th. Shareholders of record on Monday, December 21st will be paid a dividend of $1.00 per share on Friday, January 15th. This represents a $4.00 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend is Friday, December 18th. This is a positive change from Packaging Co. of America's previous quarterly dividend of $0.79.
View Packaging Co. of America's dividend history.

Is Packaging Co. of America a good dividend stock?

Packaging Co. of America pays an annual dividend of $4.00 per share and currently has a dividend yield of 2.86%. Packaging Co. of America does not yet have a strock track record of dividend growth. The dividend payout ratio of Packaging Co. of America is 52.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Packaging Co. of America will have a dividend payout ratio of 57.72% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend.
View Packaging Co. of America's dividend history.

What price target have analysts set for PKG?

12 brokers have issued 1-year price objectives for Packaging Co. of America's shares. Their forecasts range from $98.00 to $160.00. On average, they expect Packaging Co. of America's share price to reach $128.50 in the next year. This suggests that the stock has a possible downside of 5.4%.
View analysts' price targets for Packaging Co. of America or view Wall Street analyst' top-rated stocks.

Who are some of Packaging Co. of America's key competitors?

Some companies that are related to Packaging Co. of America include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), KONE Oyj (KNYJY), Johnson Controls International (JCI), Cintas (CTAS), Mitsui & Co., Ltd. (MITSY), Parker-Hannifin (PH), Sandvik (SDVKY), Techtronic Industries (TTNDY), Rockwell Automation (ROK), Ball (BLL), Stanley Black & Decker (SWK), Kubota (KUBTY) and Komatsu (KMTUY).
View all of PKG's competitors.

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 The Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Pfizer (PFE), The Boeing (BA), Honeywell International (HON), NVIDIA (NVDA) and Bristol-Myers Squibb (BMY).

Who are Packaging Co. of America's key executives?

Packaging Co. of America's management team includes the following people:

Mr. Mark W. Kowlzan, Chairman & CEO (Age 65, Pay $3.2M)
Mr. Robert P. Mundy, Exec. VP & CFO (Age 59, Pay $1.61M)
Mr. Thomas A. Hassfurther, Exec. VP of Corrugated Products (Age 65, Pay $2.36M)
Mr. Charles J. Carter, Sr. VP of Containerboard Mill Operations (Age 61, Pay $1.17M)
Mr. Donald Ray Shirley, Sr. VP of Corp. Engineering & Process Technology (Age 49, Pay $936.15k)
Mr. Bruce A. Ridley, Sr. VP of Environmental Health, Safety & Operational Services (Age 65)
Ms. Pamela A. Barnes, Sr. VP of Fin., Controller & Principal Accounting Officer (Age 56)
Mr. Robert Andrew Schneider, Sr. VP & Chief Information Officer (Age 55)
Mr. Kent A. Pflederer, Sr. VP, Gen. Counsel & Sec. (Age 50)
Mr. Thomas W. H. Walton, Sr. VP of Sales & Marketing - Corrugated Products (Age 61)

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 retail and institutional investors. Top institutional investors include Maj Invest Holding A S (3.00%), Wedge Capital Management L L P NC (0.69%), KAMES CAPITAL plc (0.24%), Boston Trust Walden Corp (0.21%), New York State Teachers Retirement System (0.13%) and Candriam Luxembourg S.C.A. (0.10%). Company insiders that own Packaging Co. of America stock include Bruce A Ridley, Donald R Shirley, Robert Andrew Schneider, Robert C Lyons, Thomas A Hassfurther and Thomas WH Walton.
View institutional ownership trends for Packaging Co. of America.

Which major investors are selling Packaging Co. of America stock?

PKG stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, OLD National Bancorp IN, Transform Wealth LLC, New York State Teachers Retirement System, Boston Trust Walden Corp, CX Institutional, Nisa Investment Advisors LLC, and State of Alaska Department of Revenue. Company insiders that have sold Packaging Co. of America company stock in the last year include Bruce A Ridley, Robert Andrew Schneider, Thomas A Hassfurther, and Thomas WH Walton.
View insider buying and selling activity for Packaging Co. of America or view top insider-selling stocks.

Which major investors are buying Packaging Co. of America stock?

PKG stock was bought by a variety of institutional investors in the last quarter, including Maj Invest Holding A S, KAMES CAPITAL plc, Candriam Luxembourg S.C.A., Moody Lynn & Lieberson LLC, Liberty Capital Management Inc., Strs Ohio, Kestra Advisory Services LLC, and GWM Advisors LLC.
View insider buying and selling activity for Packaging Co. of America or or view top insider-buying stocks.

How do I buy shares of Packaging Co. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Packaging Co. of America's stock price today?

One share of PKG stock can currently be purchased for approximately $135.87.

How big of a company is Packaging Co. of America?

Packaging Co. of America has a market capitalization of $12.88 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 Co. of America employs 15,500 workers across the globe.

What is Packaging Co. of America's official website?

The official website for Packaging Co. of America is www.packagingcorp.com.

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 industrial products company can be reached via phone at 847-482-3000.

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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