NYSE:PKG Packaging Co. of America (PKG) Stock Price, News & Analysis $201.81 -2.17 (-1.06%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$201.10â–Ľ$206.5350-Day Range$176.32â–Ľ$209.5452-Week Range$143.82â–Ľ$210.11Volume463,993 shsAverage Volume613,947 shsMarket Capitalization$18.12 billionP/E Ratio25.23Dividend Yield2.48%Price Target$190.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Packaging Co. of America alerts: Email Address Packaging Co. of America MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside5.6% Downside$190.50 Price TargetShort InterestHealthy1.60% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.78Based on 4 Articles This WeekInsider TradingSelling Shares$2.24 M Sold Last QuarterProj. Earnings Growth20.30%From $8.72 to $10.49 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.3.91 out of 5 starsIndustrial Products Sector63rd out of 165 stocksPaperboard Containers & Boxes Industry3rd out of 5 stocks 1.2 Analyst's Opinion Consensus RatingPackaging Co. of America has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePackaging Co. of America has only been the subject of 4 research reports in the past 90 days.Read more about Packaging Co. of America's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.60% 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 2.6, 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 2.92%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPackaging Co. of America has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of Packaging Co. of America is 62.50%. 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 47.66% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend.Read more about Packaging Co. of America's 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 1.5 News and Social Media Coverage News SentimentPackaging Co. of America has a news sentiment score of 0.78. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Packaging Co. of America this week, compared to 7 articles on an average week.Search InterestOnly 1 people have searched for PKG on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $2,235,433.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Packaging Co. of America is held by insiders.Percentage Held by Institutions89.78% 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.Read more about Packaging Co. of America's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Packaging Co. of America are expected to grow by 20.30% in the coming year, from $8.72 to $10.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Co. of America is 25.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 25.23, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.22.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 5.41. 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 4.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Packaging Co. of America's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity 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 three segments: Packaging, Paper, and Corporate and Other. 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. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation. 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 HeadlinesAugust 30, 2024 | americanbankingnews.comZacks Research Weighs in on Packaging Co. of America's Q3 2025 Earnings (NYSE:PKG)August 30, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Hits New 12-Month High After Dividend AnnouncementSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 29, 2024 | americanbankingnews.comZacks Research Comments on Packaging Co. of America's FY2024 Earnings (NYSE:PKG)August 29, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Downgraded to "Hold" at StockNews.comAugust 29, 2024 | bizjournals.comEast Side manufacturer expands C-suite, aims for 25% growthAugust 21, 2024 | uk.finance.yahoo.comCosmetic Packaging Machinery Global Strategic Business Report 2024: Global Expansion of Beauty Brands Sets the Stage for Automated Packaging LinesAugust 14, 2024 | msn.comMillions of fraudulent cannabis packaging materials seized by California authoritiesSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 1, 2024 | marketwatch.comPackaging Corp. of America stock underperforms Thursday when compared to competitorsJuly 25, 2024 | seekingalpha.comPackaging Corporation Of America: Weak Growth Prospects In The Near Term And A Premium ValuationJuly 25, 2024 | gurufocus.comQ2 2024 Packaging Corp of America Earnings Call TranscriptJuly 25, 2024 | seekingalpha.comPackaging Corporation of America (PKG) Q2 2024 Earnings Call TranscriptJuly 23, 2024 | reuters.comPackaging Corp forecasts upbeat profit on strong demand, higher pricingJuly 23, 2024 | msn.comPackaging Corp Q2 results tops expectations, sets Q3 outlook above street viewJuly 23, 2024 | finance.yahoo.comPackaging Corporation of America's (NYSE:PKG) Q2: Beats On RevenueJuly 22, 2024 | finance.yahoo.comPackaging Corporation of America (PKG) Q2 Earnings Report Preview: What To Look ForJune 19, 2024 | businesswire.comPackaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2024 Operating ResultsSee 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 Last Earnings7/23/2024Today9/07/2024Ex-Dividend for 10/15 Dividend9/16/2024Dividend Payable9/16/2024Dividend Payable10/15/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Ex-Dividend for 9/16 Dividend1/01/2100Get 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) 482-3000Fax847-482-4545Employees14,900Year Founded1959Price Target and Rating Average Stock Price Target$190.50 High Stock Price Target$219.00 Low Stock Price Target$140.00 Potential Upside/Downside-5.6%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$8.00 Trailing P/E Ratio25.23 Forward P/E Ratio23.14 P/E Growth5.41Net Income$765.20 million Net Margins9.06% Pretax Margin11.95% Return on Equity18.21% Return on Assets8.42% Debt Debt-to-Equity Ratio0.60 Current Ratio2.43 Quick Ratio1.71 Sales & Book Value Annual Sales$7.93 billion Price / Sales2.29 Cash Flow$14.01 per share Price / Cash Flow14.40 Book Value$44.60 per share Price / Book4.52Miscellaneous Outstanding Shares89,798,000Free Float88,361,000Market Cap$18.12 billion OptionableOptionable Beta0.77 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Mark W. Kowlzan (Age 68)Chairman of the Board & CEO Comp: $4.73MMr. Robert P. Mundy (Age 62)Principal Accounting Officer, EVP & CFO Comp: $2.32MMr. Thomas A. Hassfurther PCA (Age 68)Executive Vice President of Corrugated Products Comp: $3.45MMr. Charles J. Carter (Age 64)Executive Vice President of Mill Operations Comp: $2.03MMr. Donald Ray Shirley (Age 52)Senior VP of Corporate Engineering & Process Technology Comp: $1.42MMr. Bruce A. Ridley (Age 68)Senior VP of Environmental Health, Safety & Operational Services Mr. Kent A. Pflederer (Age 53)Senior VP, General Counsel & Corporate Secretary Comp: $1.16MPrafulla D'SouzaVice President of Marketing & Communications Corrugated ProductsMr. Jeffrey S. Kaser (Age 57)Senior Vice President of Corrugated Products Ms. Darla J. Olivier (Age 53)Senior VP of Tax, ESG & Government Affairs More ExecutivesKey CompetitorsGraphic PackagingNYSE:GPKSonoco ProductsNYSE:SONSealed AirNYSE:SEEUFP TechnologiesNASDAQ:UFPTSmurfit WestrockNYSE:SWView All CompetitorsInsiders & InstitutionsCim LLCBought 467 shares on 9/6/2024Ownership: 0.013%Sanctuary Advisors LLCBought 17,324 shares on 9/5/2024Ownership: 0.019%Dana Investment Advisors Inc.Sold 185 shares on 8/27/2024Ownership: 0.007%Teachers Retirement System of The State of KentuckySold 203 shares on 8/26/2024Ownership: 0.008%Cetera Investment AdvisersBought 349 shares on 8/22/2024Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions PKG Stock Analysis - Frequently Asked Questions How have PKG shares performed this year? Packaging Co. of America's stock was trading at $162.91 at the beginning of the year. Since then, PKG stock has increased by 23.9% and is now trading at $201.81. View the best growth stocks for 2024 here. How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) posted its earnings results on Tuesday, July, 23rd. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.06. The company's quarterly revenue was up 6.3% compared to the same quarter last year. Read the conference call transcript. 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. Does Packaging Co. of America have any subsidiaries? Packaging Co. of America subsidiaries include Sacramento Container Corp., Columbus Container, TimBar Packaging & Display, Crockett Packaging, Boise, Colorado Container, Field Packaging Group, and more. Who are Packaging Co. of America's major shareholders? Packaging Co. of America's top institutional investors include Victory Capital Management Inc. (3.18%), American Century Companies Inc. (2.25%), Dimensional Fund Advisors LP (1.28%) and Maj Invest Holding A S (1.18%). Insiders that own company stock include Thomas A Hassfurther, Kent A Pflederer, Robert P Mundy, Charles J Carter, Robert Andrew Schneider, Donald R Shirley, Paul T Stecko, Bruce A Ridley, Donna A Harman and Karen E Gowland. 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. What other stocks do shareholders of Packaging Co. of America own? Based on aggregate information from My MarketBeat watchlists, some other companies that Packaging Co. of America investors own include Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Pfizer (PFE) and Boeing (BA). This page (NYSE:PKG) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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