NYSE:PKG Packaging Co. of America (PKG) Stock Price, News & Analysis $212.40 -0.80 (-0.38%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Packaging Co. of America Stock (NYSE:PKG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$211.67▼$214.9150-Day Range$179.68▼$214.5752-Week Range$143.82▼$217.69Volume426,953 shsAverage Volume610,020 shsMarket Capitalization$19.07 billionP/E Ratio26.55Dividend Yield2.35%Price Target$190.50Consensus RatingHold Company OverviewPackaging 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… China Stockpiling Gold “Like No Tomorrow” (Ad)For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . Click here now to get your free 'De-Dollarization' Guide. Packaging Co. of America Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 90th PercentilePackaging Co. of America scored higher than 90% of companies evaluated by MarketBeat, and ranked 34th out of 176 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.2 / 5Analyst RatingHold 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 3 research reports in the past 90 days.Read more about Packaging Co. of America's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth20.30% 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 26.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 26.55, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.24.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 4.10. 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 4.76. 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. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.58% 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 2.5, 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 decreased by 1.42%, indicating that investor sentiment is improving. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.40%, 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. Sustainability and ESG2.4 / 5Environmental Score-1.50 Percentage of Shares Shorted1.58% 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 2.5, 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 decreased by 1.42%, indicating that investor sentiment is improving. News and Social Media2.9 / 5News Sentiment1.13 News SentimentPackaging Co. of America has a news sentiment score of 1.13. 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 higher news sentiment than the 0.73 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Packaging Co. of America this week, compared to 7 articles on an average week.MarketBeat FollowsOnly 2 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares 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. PKG Stock News HeadlinesPackaging Corporation of America Schedules Conference Call to Discuss Third Quarter 2024 Operating ResultsSeptember 18 at 2:30 PM | businesswire.comPackaging Co. of America (NYSE:PKG) Sets New 1-Year High at $211.04September 15 at 5:31 AM | americanbankingnews.comUnlock the Secret to Easy Wins with Iron CondorsDiscover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consistently without needing a large account or watching the market all day. Our free report, The Top 10 Stocks for Iron Condor Trades, reveals exactly how to set up winning trades with minimal downside.September 18, 2024 | Netpicks (Ad)Spotting Winners: International Paper (NYSE:IP) And Industrial Packaging Stocks In Q2September 13, 2024 | uk.finance.yahoo.comGraphic Packaging in West Monroe Celebrates 100 years of buisnessSeptember 12, 2024 | msn.comPackaging Co. of America (NYSE:PKG) Lowered to Hold at StockNews.comSeptember 12, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Receives $190.50 Average PT from AnalystsSeptember 10, 2024 | americanbankingnews.comEast Side manufacturer expands C-suite, aims for 25% growthAugust 29, 2024 | bizjournals.comSee More Headlines 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 30.4% and is now trading at $212.40. View the best growth stocks for 2024 here. How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) issued its quarterly earnings results on Tuesday, July, 23rd. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.14 by $0.06. Packaging Co. of America's revenue was up 6.3% on a year-over-year basis. Read the conference call transcript. Does Packaging Co. of America have any subsidiaries? The following companies are subsidiaries of Packaging Co. of America: 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? Top institutional shareholders of Packaging Co. of America 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). Company Calendar Last Earnings7/23/2024Ex-Dividend for 10/15 Dividend9/16/2024Dividend Payable9/16/2024Today9/18/2024Dividend 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-10.3%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$8.00 Trailing P/E Ratio26.55 Forward P/E Ratio24.36 P/E Growth4.1Net 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 / Sales2.41 Cash Flow$14.83 per share Price / Cash Flow14.32 Book Value$44.60 per share Price / Book4.76Miscellaneous Outstanding Shares89,798,000Free Float88,361,000Market Cap$19.07 billion OptionableOptionable Beta0.77 Social Links This page (NYSE:PKG) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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