NYSE:PKGPackaging 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 $102.54 +1.13 (+1.11 %) (As of 06/1/2020 01:13 PM ET) Add Compare Share Today's Range$101.41Now: $102.54▼$102.6650-Day Range$85.18MA: $92.15▼$102.4652-Week Range$71.05Now: $102.54▼$114.78Volume9,527 shsAverage Volume631,330 shsMarket Capitalization$9.72 billionP/E Ratio14.97Dividend Yield3.12%Beta1.28 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. It also produces 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. Its Paper segment manufactures and sells white papers comprising commodity and specialty papers with various features, such as colors, coatings, high brightness, and recycled content. The white papers also consist of communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through the company's own sales personnel. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingPackaging Corp Of America has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 3 buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $101.75, Packaging Corp Of America has a potential downside of 0.8% from its current price of $102.54.Amount of Analyst CoveragePackaging Corp Of America has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesPackaging Corp Of America has received 477 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPackaging Corp Of America has received 550 “underperform” votes. (Add your “underperform” vote.)Community SentimentPackaging Corp Of America has received 53.55% “underperform” votes from our community.MarketBeat'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. Previous Next 4.2 Dividend Strength Dividend LeadershipPackaging Corp Of America is a leading dividend payer. It pays a dividend yield of 3.12%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPackaging Corp Of America has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Packaging Corp Of America is 41.31 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Packaging Corp Of America will have a dividend payout ratio of 60.77 % next year. This indicates that Packaging Corp Of America will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Packaging Corp Of America insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of Packaging Corp Of America is held by insiders.Percentage Held by Institutions89.14% of the stock of Packaging Corp Of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Packaging Corp Of America are expected to decrease by -1.33% in the coming year, from $5.27 to $5.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Corp Of America is 14.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Corp Of America is 14.97, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.63.Price to Earnings Growth RatioPackaging Corp Of America has a PEG Ratio of 3.85. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPackaging Corp Of America has a P/B Ratio of 3.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.3Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.15 out of 5 stars 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 Phone847-482-3000Debt Debt-to-Equity Ratio0.85 Current Ratio3.51 Quick Ratio2.42Price-To-Earnings Trailing P/E Ratio14.97 Forward P/E Ratio19.46 P/E Growth3.85 Sales & Book Value Annual Sales$6.96 billion Price / Sales1.40 Cash Flow$12.13 per share Price / Cash Flow8.45 Book Value$32.44 per share Price / Book3.16Profitability EPS (Most Recent Fiscal Year)$7.65 Net Income$696.40 million Net Margins9.39% Return on Equity22.37% Return on Assets9.44%Miscellaneous Employees15,500 Outstanding Shares94,840,000Market Cap$9.72 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable PKG Rates by TradingView 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. Packaging Corp Of America (NYSE:PKG) Frequently Asked Questions How has Packaging Corp Of America's stock been impacted by COVID-19 (Coronavirus)? Packaging Corp 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 stock has increased by 20.1% and is now trading at $102.54. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Packaging Corp Of America. When is Packaging Corp Of America's next earnings date? Packaging Corp Of America is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Packaging Corp Of America. How were Packaging Corp Of America's earnings last quarter? Packaging Corp Of America (NYSE:PKG) posted its quarterly earnings results on Monday, April, 27th. The industrial products company reported $1.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.22 by $0.28. The industrial products company earned $1.71 billion during the quarter, compared to the consensus estimate of $1.67 billion. Packaging Corp Of America had a net margin of 9.39% and a return on equity of 22.37%. The company's revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.98 EPS. View Packaging Corp Of America's earnings history. 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 Tuesday, May 5th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.79 per share on Wednesday, July 15th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date is Friday, June 12th. View Packaging Corp Of America's dividend history. What price target have analysts set for PKG? 13 equities research analysts have issued 12 month target prices for Packaging Corp Of America's stock. Their forecasts range from $79.00 to $118.00. On average, they expect Packaging Corp Of America's stock price to reach $101.75 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View analysts' price targets for Packaging Corp Of America. Has Packaging Corp Of America been receiving favorable news coverage? Media stories about PKG stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Packaging Corp Of America earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPackaging 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 Emerson Electric (EMR), MURATA MFG CO L/ADR (MRAAY), KONE OYJ/ADR (KNYJY), FANUC LTD JAPAN/ADR (FANUY), Eaton (ETN), Mitsui & Co Ltd (MITSY), Cintas (CTAS), Rockwell Automation (ROK), Johnson Controls International (JCI), Ball (BLL), Parker-Hannifin (PH), ASSA ABLOY AB/S (ASAZY), SANDVIK AB/ADR (SDVKY), Komatsu (KMTUY) and Stanley Black & Decker (SWK). View all competitors. 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), Intel (INTC), Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ), Honeywell International (HON), Boeing (BA), NVIDIA (NVDA), Cisco Systems (CSCO) and Altria Group (MO). Who are Packaging Corp Of America's key executives? Packaging Corp Of America's management team includes the following 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) 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." Who are Packaging Corp Of America's major shareholders? Packaging Corp Of America's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.39%), Capital World Investors (5.04%), State Street Corp (4.24%), JPMorgan Chase & Co. (3.66%), Wells Fargo & Company MN (2.17%) and Wellington Management Group LLP (1.73%). 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 institutional investors are selling Packaging Corp Of America stock? PKG stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Maj Invest Holding A S, Pictet Asset Management Ltd., Janus Henderson Group PLC, Morgan Stanley, Morgan Stanley, and Schroder Investment Management Group. 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 activity for Packaging Corp Of America. Which institutional investors are buying Packaging Corp Of America stock? PKG stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Eaton Vance Management, Capital World Investors, Balyasny Asset Management LLC, Victory Capital Management Inc., Capital Investment Advisors LLC, Swiss National Bank, and BOKF NA. View insider buying and selling activity 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 $102.54. How big of a company is Packaging Corp Of America? Packaging Corp Of America has a market capitalization of $9.72 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 15,500 workers across the globe. What is Packaging Corp Of America's official website? The official website for Packaging Corp Of America is 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. This page was last updated on 6/1/2020 by MarketBeat.com Staff
