NYSE:PKG Packaging Co. of America (PKG) Stock Price, News & Analysis $225.86 -1.65 (-0.73%) (As of 10/25/2024 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$225.73▼$229.3750-Day Range$196.74▼$228.6552-Week Range$148.50▼$231.30Volume452,016 shsAverage Volume598,833 shsMarket Capitalization$20.28 billionP/E Ratio26.32Dividend Yield2.21%Price Target$221.60Consensus RatingModerate Buy 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… Buy these “two-bagger” stocks (Ad)We’ve put together something special for our subscribers — a free report on 5 stocks we believe could double in 2024. It’s straightforward, easy to understand, and most importantly, actionable.Download your free report today! Packaging Co. of America Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks88th Percentile Overall ScorePKG MarketRank™: Packaging Co. of America scored higher than 88% of companies evaluated by MarketBeat, and ranked 41st out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingPackaging Co. of America has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 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 Growth20.18% Earnings GrowthEarnings for Packaging Co. of America are expected to grow by 20.18% in the coming year, from $8.77 to $10.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Co. of America is 26.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 26.32, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.57.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 4.24. 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 5.06. 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 Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.72% 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 2.9, 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 3.40%, indicating that investor sentiment is decreasing. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.31%, 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 47.44% 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 Shorted1.72% 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 2.9, 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 3.40%, indicating that investor sentiment is decreasing. News and Social Media3.8 / 5News Sentiment0.84 News SentimentPackaging Co. of America has a news sentiment score of 0.84. 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 0.50 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Packaging Co. of America this week, compared to 7 articles on an average week.Search Interest8 people have searched for PKG on MarketBeat in the last 30 days. MarketBeat Follows6 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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 1.60% 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 HeadlinesFinancial Survey: Packaging Co. of America (NYSE:PKG) versus Smurfit Westrock (NYSE:SW)October 26 at 6:03 AM | americanbankingnews.comSeaport Res Ptn Has Positive Outlook for PKG FY2024 EarningsOctober 26 at 2:21 AM | americanbankingnews.comThe Secret Weapon You Need for This Bull MarketThe 4th quarter of 2024 is shaping up to be one of the most explosive periods for crypto in recent memory. But here’s the thing: most people won’t be able to keep up with the pace of the market. But there’s a way to trade this market with precision – without the stress, without the guesswork.October 26, 2024 | Crypto Swap Profits (Ad)Packaging Co. of America (NYSE:PKG) & Smurfit Westrock (NYSE:SW) Head-To-Head SurveyOctober 26 at 1:33 AM | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Hits New 1-Year High After Earnings BeatOctober 25 at 1:09 AM | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Lifted to "Buy" at StockNews.comOctober 23 at 5:27 AM | americanbankingnews.comPackaging Corporation of America Reports Third Quarter 2024 ResultsOctober 22, 2024 | businesswire.comState Street Corp's Strategic Acquisition of Packaging Corp of America SharesOctober 18, 2024 | finance.yahoo.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 38.6% and is now trading at $225.86. View the best growth stocks for 2024 here. How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) announced its earnings results on Tuesday, October, 22nd. The industrial products company reported $2.65 EPS for the quarter, topping analysts' consensus estimates of $2.50 by $0.15. The business's quarterly revenue was up 14.9% compared to the same quarter last year. Read the conference call transcript. 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 shareholders include Maj Invest Holding A S (0.81%), Boston Trust Walden Corp (0.25%), DekaBank Deutsche Girozentrale (0.25%) and Raymond James & Associates (0.22%). 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 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 9/16 Dividend9/16/2024Dividend Payable9/16/2024Dividend Payable9/16/2024Last Earnings10/22/2024Today10/26/2024Fiscal Year End12/31/2024Next Earnings (Estimated)1/22/2025Ex-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$221.60 High Stock Price Target$253.00 Low Stock Price Target$182.00 Potential Upside/Downside-1.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$8.00 Trailing P/E Ratio26.32 Forward P/E Ratio25.75 P/E Growth4.24Net Income$765.20 million Net Margins9.46% Pretax Margin11.95% Return on Equity19.35% Return on Assets8.87% Debt Debt-to-Equity Ratio0.60 Current Ratio2.43 Quick Ratio1.71 Sales & Book Value Annual Sales$8.18 billion Price / Sales2.48 Cash Flow$15.17 per share Price / Cash Flow14.89 Book Value$44.60 per share Price / Book5.06Miscellaneous Outstanding Shares89,798,000Free Float88,375,000Market Cap$20.28 billion OptionableOptionable Beta0.77 Social Links This page (NYSE:PKG) was last updated on 10/26/2024 by MarketBeat.com Staff From Our PartnersThe Secret Weapon You Need for This Bull MarketThe 4th quarter of 2024 is shaping up to be one of the most explosive periods for crypto in recent memory. 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