NYSE:PKG Packaging Co. of America (PKG) Stock Price, News & Analysis $168.33 +1.46 (+0.87%) (As of 02/9/2024 08:56 PM ET) Add Compare Share Share Today's Range$166.20▼$168.3950-Day Range$161.37▼$171.8952-Week Range$122.20▼$176.96Volume474,500 shsAverage Volume751,043 shsMarket Capitalization$15.09 billionP/E Ratio19.85Dividend Yield2.97%Price Target$154.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Packaging Co. of America alerts: Email Address Packaging Co. of America MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside8.1% Downside$154.67 Price TargetShort InterestHealthy1.73% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.37Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth12.12%From $8.17 to $9.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.31 out of 5 starsIndustrial Products Sector76th out of 176 stocksPaperboard Containers & Boxes Industry3rd out of 4 stocks 1.1 Analyst's Opinion Consensus RatingPackaging Co. of America has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $154.67, Packaging Co. of America has a forecasted downside of 8.1% from its current price of $168.33.Amount of Analyst CoveragePackaging Co. of America has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.73% of the float of Packaging Co. of America has been sold short.Short Interest Ratio / Days to CoverPackaging Co. of America has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Packaging Co. of America has recently increased by 5.56%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPackaging Co. of America does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Packaging Co. of America is 58.96%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Packaging Co. of America will have a dividend payout ratio of 54.59% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePackaging Co. of America has received a 10.48% net impact score from Upright. Packaging Corporation Of America seems to create the most significant positive value in categories "Taxes", "GHG emissions", and "Jobs". The positive contribution in the "GHG emissions" impact category is mostly driven by its "Wood-based garments packages", "Corrugated fiberboard electronics packages", "Wood-based household items packaging materials", "Wood-based flower and plant packages", and "Wood-based postal packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Packaging Co. of America is -1.50. Previous Next 2.4 News and Social Media Coverage News SentimentPackaging Co. of America has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Packaging Co. of America this week, compared to 6 articles on an average week.Search InterestOnly 4 people have searched for PKG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows9 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Packaging Co. of America insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Packaging Co. of America is held by insiders.Percentage Held by Institutions90.53% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Packaging Co. of America are expected to grow by 12.12% in the coming year, from $8.17 to $9.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Co. of America is 19.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 19.85, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.50.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 4.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPackaging Co. of America has a P/B Ratio of 4.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Packaging Co. of America Stock (NYSE:PKG)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 papers, including 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.Read More PKG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PKG Stock News HeadlinesFebruary 12, 2024 | americanbankingnews.comZacks Research Comments on Packaging Co. of America's Q1 2025 Earnings (NYSE:PKG)February 9, 2024 | americanbankingnews.comZacks Research Comments on Packaging Co. of America's Q1 2024 Earnings (NYSE:PKG)February 12, 2024 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!February 8, 2024 | msn.comHopes of City dealmaking rebound as FTSE 100 packaging firm gets 'preliminary' in mega-merger approachFebruary 1, 2024 | es-us.finanzas.yahoo.comBattery Packaging Market Share Projections: CAGR of 8.56% Envisions Market Size of $58.72 Billion by 2032January 30, 2024 | realmoney.thestreet.comPackaging Corp Looks Sturdy Enough for Further GainsJanuary 26, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Levi Strauss & Co (LEVI), Amazon (AMZN) and Packaging (PKG)January 26, 2024 | finance.yahoo.comQ4 2023 Packaging Corp of America Earnings CallFebruary 12, 2024 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!January 25, 2024 | seekingalpha.comPackaging Corporation: Strong Q4 Results But Valuation Is Elevated (Downgrade)January 25, 2024 | markets.businessinsider.comHold Rating for Packaging Corp Amid Operational Strengths and Cost ChallengesJanuary 24, 2024 | marketwatch.comPackaging Corp of America 4Q Profit Drops, Hit by PricingJanuary 24, 2024 | finance.yahoo.comPackaging Corp. (PKG) Reports Q4 Earnings: What Key Metrics Have to SayJanuary 24, 2024 | finanznachrichten.dePACKAGING CORPORATION OF AMERICAJanuary 24, 2024 | markets.businessinsider.comPackaging Corporation of America Q4 Profit Decreases, but beats estimatesJanuary 24, 2024 | finance.yahoo.comPackaging Corporation of America Reports Fourth Quarter and Full Year 2023 ResultsJanuary 19, 2024 | finance.yahoo.comExploring Analyst Estimates for Packaging Corp. (PKG) Q4 Earnings, Beyond Revenue and EPSJanuary 16, 2024 | bizjournals.comAtlanta-based Graphic Packaging International to close Charlotte plant, lay off 100-plus workersJanuary 15, 2024 | msn.comPackaging Corp. (PKG) Upgraded to Strong Buy: What Does It Mean for the Stock?January 9, 2024 | msn.comHow plastic hides in supposedly eco-friendly laundry productsJanuary 4, 2024 | bizjournals.comCompany to quadruple space in Greater Baltimore with 65K sq. ft. leaseDecember 27, 2023 | finance.yahoo.comPackaging Corp (PKG) Stock Rises 33% YTD: What's Driving It?December 19, 2023 | finance.yahoo.comPackaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Operating ResultsDecember 18, 2023 | seekingalpha.comKarat Packaging: More Karat, Less StickDecember 15, 2023 | finance.yahoo.comPackaging Corp of America's Dividend AnalysisDecember 13, 2023 | bizjournals.comSt. Louis-based global packaging business names new C-suite execDecember 13, 2023 | finance.yahoo.comPackaging Corporation of America (NYSE:PKG) Has Announced A Dividend Of $1.25See More Headlines Receive PKG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Packaging Co. of America and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/15 Dividend12/15/2023Dividend Payable1/15/2024Last Earnings1/25/2024Today2/11/2024Next Earnings (Estimated)4/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Paperboard containers & boxes Sub-IndustryPaper Packaging Current SymbolNYSE:PKG CUSIP69515610 CIK75677 Webwww.packagingcorp.com Phone(847) 482-3000Fax847-482-4545Employees15,100Year Founded1959Price Target and Rating Average Stock Price Target$154.67 High Stock Price Target$187.00 Low Stock Price Target$132.00 Potential Upside/Downside-8.1%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$8.48 Trailing P/E Ratio19.85 Forward P/E Ratio20.60 P/E Growth4.12Net Income$765.20 million Net Margins9.81% Pretax Margin13.00% Return on Equity20.47% Return on Assets9.67% Debt Debt-to-Equity Ratio0.54 Current Ratio2.17 Quick Ratio1.40 Sales & Book Value Annual Sales$7.80 billion Price / Sales1.93 Cash Flow$16.20 per share Price / Cash Flow10.39 Book Value$39.63 per share Price / Book4.25Miscellaneous Outstanding Shares89,620,000Free Float88,190,000Market Cap$15.09 billion OptionableOptionable Beta0.76 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Mark W. Kowlzan (Age 68)Chairman of the Board & CEO Comp: $4.98MMr. Robert P. Mundy (Age 62)Executive VP & CFO Comp: $2.42MMr. Thomas A. Hassfurther (Age 68)Executive Vice President of Corrugated Products Comp: $3.61MMr. Charles J. Carter (Age 64)Executive Vice President of Mill Operations Comp: $2.11MMr. Donald Ray Shirley (Age 52)Senior Vice President of Corporate Engineering & Process Technology Comp: $1.47MMr. Bruce A. Ridley (Age 68)Senior Vice President of Environmental Health, Safety & Operational Services Ms. Pamela A. Barnes (Age 59)Senior VP of Finance, Controller & Principal Accounting Officer Mr. Robert Andrew Schneider (Age 58)Senior VP & Chief Information Officer Mr. Kent A. Pflederer (Age 53)Senior VP, General Counsel & Secretary Comp: $1.16MPrafulla D'SouzaVice President of Marketing & Communications Corrugated ProductsMore ExecutivesKey CompetitorsGraphic PackagingNYSE:GPKSonoco ProductsNYSE:SONGracoNYSE:GGGNordsonNASDAQ:NDSNStanley Black & DeckerNYSE:SWKView All CompetitorsInsiders & InstitutionsCommerce BankSold 816 shares on 2/9/2024Ownership: 0.062%Orion Portfolio Solutions LLCSold 89 shares on 2/9/2024Ownership: 0.005%Coldstream Capital Management Inc.Bought 928 shares on 2/9/2024Ownership: 0.004%Richwood Investment Advisors LLCSold 90 shares on 2/9/2024Ownership: 0.002%BI Asset Management Fondsmaeglerselskab A SSold 357 shares on 2/9/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions PKG Stock Analysis - Frequently Asked Questions Should I buy or sell Packaging Co. of America stock right now? 6 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 5 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 target for 2024? 6 brokerages have issued twelve-month target prices for Packaging Co. of America's stock. Their PKG share price targets range from $132.00 to $187.00. On average, they anticipate the company's stock price to reach $154.67 in the next year. This suggests that the stock has a possible downside of 8.1%. View analysts price targets for PKG or view top-rated stocks among Wall Street analysts. How have PKG shares performed in 2024? Packaging Co. of America's stock was trading at $162.91 at the beginning of 2024. Since then, PKG stock has increased by 3.3% and is now trading at $168.33. View the best growth stocks for 2024 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 22nd 2024. View our PKG earnings forecast. How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) posted its earnings results on Thursday, January, 25th. The industrial products company reported $2.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.83 by $0.30. The industrial products company earned $1.94 billion during the quarter, compared to the consensus estimate of $1.90 billion. Packaging Co. of America had a trailing twelve-month return on equity of 20.47% and a net margin of 9.81%. The firm's quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.35 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 announced a quarterly dividend on Thursday, December 7th. Investors of record on Monday, December 18th will be given a dividend of $1.25 per share on Monday, January 15th. This represents a $5.00 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend is Friday, December 15th. 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 2.97%. The dividend payout ratio is 58.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PKG will have a dividend payout ratio of 54.59% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PKG. What ETFs hold Packaging Co. of America's stock? ETFs with the largest weight of Packaging Co. of America (NYSE:PKG) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco MSCI Global Timber ETF (CUT), iShares Emergent Food and AgTech Multisector ETF (IVEG), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Invesco S&P 500 Equal Weight Materials ETF (RTM), Leatherback Long/Short Alternative Yield ETF (LBAY), American CenturyFocused Large Cap Value ETF (FLV) and Invesco S&P 500 High Dividend Low Volatility ETF (SPHD). What guidance has Packaging Co. of America issued on next quarter's earnings? Packaging Co. of America updated its first quarter 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share (EPS) guidance of 1.540-1.540 for the period, compared to the consensus estimate of 1.800. 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). Who are Packaging Co. of America's major shareholders? Packaging Co. of America's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (3.29%), Charles Schwab Investment Management Inc. (2.44%), Maj Invest Holding A S (1.39%), Dimensional Fund Advisors LP (1.19%), Norges Bank (1.12%) and Boston Partners (1.08%). Insiders that own company stock include Bruce A Ridley, Charles J Carter, Donald R Shirley, Donna A Harman, Kent A Pflederer, Paul T Stecko, Robert Andrew Schneider, Robert P Mundy and Thomas A Hassfurther. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 This page (NYSE:PKG) was last updated on 2/12/2024 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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