Packaging Co. of America (NYSE:PKG) Announces Earnings Results, Beats Expectations By $0.10 EPS

Packaging Co. of America (NYSE:PKG - Get Free Report) announced its quarterly earnings data on Tuesday. The industrial products company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.21 by $0.10, Zacks reports. Packaging Co. of America had a net margin of 9.60% and a return on equity of 19.67%. The firm had revenue of $2.14 billion during the quarter, compared to analysts' expectations of $2.12 billion. Packaging Co. of America updated its Q2 2025 guidance to 2.410-2.410 EPS.

Packaging Co. of America Trading Down 2.0 %

Shares of PKG traded down $3.79 during mid-day trading on Friday, reaching $184.93. The company had a trading volume of 215,935 shares, compared to its average volume of 962,510. The stock has a market cap of $16.63 billion, a price-to-earnings ratio of 20.71, a price-to-earnings-growth ratio of 2.41 and a beta of 0.84. The company has a current ratio of 2.95, a quick ratio of 1.98 and a debt-to-equity ratio of 0.58. The firm has a fifty day simple moving average of $196.58 and a 200-day simple moving average of $218.34. Packaging Co. of America has a fifty-two week low of $171.65 and a fifty-two week high of $250.82.

Packaging Co. of America Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend was Friday, March 14th. Packaging Co. of America's dividend payout ratio (DPR) is 52.30%.

Analyst Upgrades and Downgrades

PKG has been the subject of several research analyst reports. Truist Financial dropped their price objective on Packaging Co. of America from $265.00 to $238.00 and set a "buy" rating for the company in a research note on Tuesday. Wells Fargo & Company cut their price target on Packaging Co. of America from $209.00 to $205.00 and set an "overweight" rating for the company in a research note on Thursday. StockNews.com downgraded shares of Packaging Co. of America from a "buy" rating to a "hold" rating in a report on Sunday, April 6th. Citigroup upped their price target on shares of Packaging Co. of America from $232.00 to $235.00 and gave the company a "neutral" rating in a report on Monday, January 6th. Finally, Seaport Res Ptn upgraded shares of Packaging Co. of America from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $231.60.

Packaging Co. of America Company Profile

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.