Packaging Co. of America (PKG) Stock Price, News & Analysis

Company Overview

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. The Corporate and Other segment focuses on transportation assets, such as rail cars, and trucks. The company was founded in 1959 and is headquartered in Lake Forest, IL.

Key Stats

• Today's Range: $206.49 to $210.72
• 50-Day Range: $204.50 to $242.38
• 52-Week Range: $169.00 to $250.82
• Volume: 1.41 million shs
• Average Volume: 946,226 shs
• Market Capitalization: $18.70 billion
• P/E Ratio: 23.31
• Dividend Yield: 2.40%
• Price Target: $233.00
• Consensus Rating: Moderate Buy

Packaging Co. of America Stock Analysis - MarketRank™

Packaging Co. of America scored higher than 97% of companies evaluated by MarketBeat, and ranked 13th out of 173 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Packaging Co. of America has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Packaging Co. of America has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 9.29%

Earnings Growth

Earnings for Packaging Co. of America are expected to grow by 9.29% in the coming year, from $10.44 to $11.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Packaging Co. of America is 23.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Packaging Co. of America is 23.31, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.78.

Price to Earnings Growth Ratio

Packaging Co. of America has a PEG Ratio of 2.44. 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 4.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.59% of the float of Packaging Co. of America has been sold short.

Short Interest Ratio / Days to Cover

Packaging Co. of America has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Packaging Co. of America has recently decreased by 22.65%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Packaging Co. of America pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Packaging Co. of America does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Packaging Co. of America is 55.99%. 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 43.82% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -1.50

Percentage of Shares Shorted

1.59% of the float of Packaging Co. of America has been sold short.

Short Interest Ratio / Days to Cover

Packaging Co. of America has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Packaging Co. of America has recently decreased by 22.65%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.52

News Sentiment

Packaging Co. of America has a news sentiment score of 0.52. 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 0.68 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 22 news articles for Packaging Co. of America this week, compared to 9 articles on an average week.

Search Interest

9 people have searched for PKG on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

12 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $3,134,802.00 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

89.78% 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.

PKG Stock Analysis - Frequently Asked Questions

How have PKG shares performed this year?

Packaging Co. of America's stock was trading at $225.13 at the beginning of the year. Since then, PKG shares have decreased by 7.5% and is now trading at $208.1890.
View the best growth stocks for 2025 here.

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

Packaging Co. of America (NYSE:PKG) issued its quarterly earnings results on Tuesday, January, 28th. The industrial products company reported $2.47 earnings per share for the quarter, missing analysts' consensus estimates of $2.51 by $0.04. Packaging Co. of America had a net margin of 9.60% and a trailing twelve-month return on equity of 19.67%.
Read the conference call transcript.

Does Packaging Co. of America have any subsidiaries?

Packaging Co. of America subsidiaries include these companies: Sacramento Container Corp., Columbus Container, TimBar Packaging & Display, Crockett Packaging, Boise, Colorado Container, Field Packaging Group, and others.

Who are Packaging Co. of America's major shareholders?

Top institutional investors of Packaging Co. of America include Vanguard Group Inc. (12.72%), Charles Schwab Investment Management Inc. (3.42%), Geode Capital Management LLC (2.64%) and JPMorgan Chase & Co. (2.31%). Insiders that own company stock include Thomas A Hassfurther, Kent A Pflederer, Robert P Mundy, Charles J Carter, Robert Andrew Schneider, Donald R Shirley, Bruce A Ridley, Joseph Vaughn, Paul T Stecko, 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.

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 American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 1/15 Dividend: 12/20/2024
• Dividend Payable: 1/15/2025
• Last Earnings: 1/28/2025
• Today: 2/21/2025
• Next Earnings (Estimated): 4/28/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Paperboard containers & boxes
• Sub-Industry: Paper Packaging
• Current Symbol: NYSE:PKG
• CUSIP: 69515610
• CIK: 75677
• Web: www.packagingcorp.com
• Phone: (847) 482-3000
• Fax: 847-482-4545
• Employees: 14,900
• Year Founded: 1959

Price Target and Rating

• Average Stock Price Target: $233.00
• High Stock Price Target: $280.00
• Low Stock Price Target: $182.00
• Potential Upside/Downside: +12.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.93
• Trailing P/E Ratio: 23.30
• Forward P/E Ratio: 19.93
• P/E Growth: 2.44
• Net Income: $805.10 million
• Net Margins: 9.60%
• Pretax Margin: 12.70%
• Return on Equity: 19.67%
• Return on Assets: 9.19%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 2.95
• Quick Ratio: 1.98

Sales & Book Value

• Annual Sales: $8.38 billion
• Price / Sales: 2.23
• Cash Flow: $14.26 per share
• Price / Cash Flow: 14.59
• Book Value: $44.60 per share
• Price / Book: 4.66

Miscellaneous

• Outstanding Shares: 89,810,000
• Free Float: 88,368,000
• Market Cap: $18.68 billion
• Optionable: Optionable
• Beta: 0.77