NYSE:PKG Packaging Co. of America (PKG) Stock Price, News & Analysis → Crypto Market Preps For Trillions Worth of Inflows! (From Crypto 101 Media) (Ad) Free PKG Stock Alerts $189.72 +0.78 (+0.41%) (As of 01:25 PM ET) Add Compare Share Share Today's Range$188.67▼$190.6150-Day Range$161.37▼$188.9452-Week Range$122.20▼$190.61Volume133,412 shsAverage Volume697,911 shsMarket Capitalization$17.00 billionP/E Ratio22.37Dividend Yield2.64%Price Target$165.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Packaging Co. of America alerts: Email Address Packaging Co. of America MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.4% Downside$165.33 Price TargetShort InterestHealthy1.88% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.85Based on 4 Articles This WeekInsider TradingSelling Shares$6.80 M Sold Last QuarterProj. Earnings Growth12.71%From $8.18 to $9.22 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.4.10 out of 5 starsIndustrial Products Sector41st out of 172 stocksPaperboard Containers & Boxes Industry2nd out of 4 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 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $165.33, Packaging Co. of America has a forecasted downside of 12.4% from its current price of $188.74.Amount of Analyst CoveragePackaging Co. of America has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.88% 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 2.4, 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 7.82%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPackaging Co. of America does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Packaging Co. of America is 58.96%. 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 54.23% next year. This indicates that Packaging Co. of America will be able to sustain or increase its 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 2.7 News and Social Media Coverage News SentimentPackaging Co. of America has a news sentiment score of 0.85. 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 0.60 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Packaging Co. of America this week, compared to 6 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 -75% compared to the previous 30 days.MarketBeat Follows8 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is an increase of 167% 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 $6,799,177.00 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Packaging Co. of America are expected to grow by 12.71% in the coming year, from $8.18 to $9.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Co. of America is 22.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 22.26, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.94.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 4.57. 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 4.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 HeadlinesMarch 11, 2024 | insidertrades.comPackaging Co. of America (NYSE:PKG) CFO Sells $1,825,100.00 in StockMarch 21, 2024 | businesswire.comPackaging Corporation of America Schedules Conference Call to Discuss First Quarter 2024 Operating ResultsMarch 28, 2024 | Crypto 101 Media (Ad)Crypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.March 19, 2024 | marketwatch.comIP’s stock jumps after replacing longtime CEO with an investment-firm veteranMarch 13, 2024 | msn.comIntroducing Inpackaging: 1st global platform for sustainable packaging at 'Packaging for a Better World, 2024' eventMarch 12, 2024 | benzinga.comPeering Into Packaging Corp of America's Recent Short InterestMarch 12, 2024 | barrons.comPackaging Corp. of AmericaMarch 4, 2024 | msn.comB of A Securities Upgrades Packaging Corporation of America (PKG)March 28, 2024 | Crypto 101 Media (Ad)Major Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. 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Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.March 2, 2024 | morningstar.comPackaging Corp of AmericaMarch 1, 2024 | msn.comNew legislation takes aim at plastic packagingMarch 1, 2024 | finance.yahoo.comDecoding Packaging Corp of America (PKG): A Strategic SWOT InsightFebruary 29, 2024 | abcnews.go.comFDA says food packaging made with PFAS 'forever chemicals' no longer being sold in USFebruary 28, 2024 | finance.yahoo.comPackaging Corporation of America Declares Quarterly DividendFebruary 26, 2024 | seekingalpha.comAmcor: Despite Cost-Driven Headwinds, Expected To Be A Sustainable Packaging LeaderFebruary 22, 2024 | msn.comADAMA expands one-litre containers to Europe and beyondFebruary 20, 2024 | finance.yahoo.comADAMA Expands Use of New Environmentally Friendly One-Liter ContainersFebruary 15, 2024 | markets.businessinsider.comKarat Packaging Announces New Distribution Center in ArizonaFebruary 14, 2024 | ca.finance.yahoo.comWegovy packing supplier Catalent lays off 300 workersFebruary 14, 2024 | finance.yahoo.comPackaging Corporation of America’s Chief Executive Officer to Speak at Bank of America’s 2024 ConferenceFebruary 14, 2024 | businesswire.comPackaging Corporation of America's Chief Executive Officer to Speak at Bank of America's 2024 ConferenceFebruary 8, 2024 | msn.comHopes of City dealmaking rebound as FTSE 100 packaging firm gets 'preliminary' in mega-merger approachFebruary 1, 2024 | es-us.finanzas.yahoo.comBattery Packaging Market Share Projections: CAGR of 8.56% Envisions Market Size of $58.72 Billion by 2032January 30, 2024 | realmoney.thestreet.comPackaging Corp Looks Sturdy Enough for Further GainsJanuary 26, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Levi Strauss & Co (LEVI), Amazon (AMZN) and Packaging (PKG)January 26, 2024 | finance.yahoo.comQ4 2023 Packaging Corp of America Earnings CallJanuary 25, 2024 | seekingalpha.comPackaging Corporation: Strong Q4 Results But Valuation Is Elevated (Downgrade)See 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 Ex-Dividend for 1/15 Dividend12/15/2023Dividend Payable1/15/2024Last Earnings1/25/2024Ex-Dividend for 4/15 Dividend3/14/2024Today3/28/2024Dividend Payable4/15/2024Next Earnings (Confirmed)4/22/2024Fiscal Year End12/31/2024Get 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$165.33 High Stock Price Target$202.00 Low Stock Price Target$132.00 Potential Upside/Downside-12.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$8.48 Trailing P/E Ratio22.28 Forward P/E Ratio23.10 P/E Growth4.57Net Income$765.20 million Net Margins9.81% Pretax Margin13.00% Return on Equity20.25% Return on Assets9.50% Debt Debt-to-Equity Ratio0.62 Current Ratio2.57 Quick Ratio1.77 Sales & Book Value Annual Sales$7.80 billion Price / Sales2.17 Cash Flow$14.71 per share Price / Cash Flow12.84 Book Value$44.60 per share Price / Book4.24Miscellaneous Outstanding Shares89,620,000Free Float88,190,000Market Cap$16.93 billion OptionableOptionable Beta0.77 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Mark W. Kowlzan (Age 68)Chairman of the Board & CEO Comp: $4.98MMr. Robert P. Mundy (Age 62)Executive VP & CFO Comp: $2.42MMr. Thomas A. Hassfurther PCA (Age 68)Executive Vice President of Corrugated Products Comp: $3.61MMr. Charles J. Carter (Age 64)Executive Vice President of Mill Operations Comp: $2.11MMr. Donald Ray Shirley (Age 52)Senior VP of Corporate Engineering & Process Technology Comp: $1.47MMr. Bruce A. Ridley (Age 68)Senior VP of Environmental Health, Safety & Operational Services Ms. Pamela A. Barnes (Age 58)Senior VP of Finance, Controller & Principal Accounting Officer Mr. Robert Andrew Schneider (Age 58)Senior VP & Chief Information Officer Mr. Kent A. Pflederer (Age 53)Senior VP, General Counsel & Secretary Comp: $1.16MPrafulla D'SouzaVice President of Marketing & Communications Corrugated ProductsMore ExecutivesKey CompetitorsGraphic PackagingNYSE:GPKSonoco ProductsNYSE:SONAvery DennisonNYSE:AVYGracoNYSE:GGGNordsonNASDAQ:NDSNView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 1,802 shares on 3/27/2024Ownership: 0.002%HighPoint Advisor Group LLCBought 1,661 shares on 3/26/2024Ownership: 0.002%Quadrature Capital LtdBought 2,080 shares on 3/25/2024Ownership: 0.002%PNC Financial Services Group Inc.Bought 1,392 shares on 3/22/2024Ownership: 0.068%Wahed Invest LLCBought 131 shares on 3/11/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions PKG Stock Analysis - Frequently Asked Questions Should I buy or sell Packaging Co. of America stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PKG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PKG, but not buy additional shares or sell existing shares. View PKG analyst ratings or view top-rated stocks. What is Packaging Co. of America's stock price target for 2024? 6 equities research analysts have issued 12-month target prices for Packaging Co. of America's stock. Their PKG share price targets range from $132.00 to $202.00. On average, they expect the company's share price to reach $165.33 in the next year. This suggests that the stock has a possible downside of 12.4%. View analysts price targets for PKG or view top-rated stocks among Wall Street analysts. How have PKG shares performed in 2024? Packaging Co. of America's stock was trading at $162.91 on January 1st, 2024. Since then, PKG stock has increased by 15.9% and is now trading at $188.74. View the best growth stocks for 2024 here. When is Packaging Co. of America's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our PKG earnings forecast. How can I listen to Packaging Co. of America's earnings call? Packaging Co. of America will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1401612". How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) posted its earnings results on Thursday, January, 25th. The industrial products company reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.30. The industrial products company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.90 billion. Packaging Co. of America had a trailing twelve-month return on equity of 20.25% and a net margin of 9.81%. The business's revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter last year, the business earned $2.35 EPS. Read the conference call transcript. How often does Packaging Co. of America pay dividends? What is the dividend yield for Packaging Co. of America? Packaging Co. of America declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 15th will be given a dividend of $1.25 per share on Monday, April 15th. This represents a $5.00 annualized dividend and a yield of 2.65%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for PKG. Is Packaging Co. of America a good dividend stock? Packaging Co. of America (NYSE:PKG) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.68%. The dividend payout ratio is 58.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PKG will have a dividend payout ratio of 54.23% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PKG. What ETFs hold Packaging Co. of America's stock? ETFs with the largest weight of Packaging Co. of America (NYSE:PKG) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco MSCI Global Timber ETF (CUT), iShares Emergent Food and AgTech Multisector ETF (IVEG), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Invesco S&P 500 Equal Weight Materials ETF (RTM), Leatherback Long/Short Alternative Yield ETF (LBAY), American CenturyFocused Large Cap Value ETF (FLV) and Invesco S&P 500 High Dividend Low Volatility ETF (SPHD). What guidance has Packaging Co. of America issued on next quarter's earnings? Packaging Co. of America updated its first quarter 2024 earnings guidance on Thursday, January, 25th. The company provided EPS guidance of 1.540-1.540 for the period, compared to the consensus earnings per share estimate of 1.800. The company issued revenue guidance of -. 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. What other stocks do shareholders of Packaging Co. of America own? Based on aggregate information from My MarketBeat watchlists, some companies that other Packaging Co. of America investors own include Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Boeing (BA), NVIDIA (NVDA) and Bristol-Myers Squibb (BMY). Who are Packaging Co. of America's major shareholders? Packaging Co. of America's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.54%), Vanguard Group Inc. (12.54%), Victory Capital Management Inc. (3.29%), FIL Ltd (2.47%), Charles Schwab Investment Management Inc. (2.44%) and Nuveen Asset Management LLC (1.42%). Insiders that own company stock include Bruce A Ridley, Charles J Carter, Donald R Shirley, Donna A Harman, Kent A Pflederer, Paul T Stecko, Robert Andrew Schneider, Robert P Mundy and Thomas A Hassfurther. 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. Does Packaging Co. of America have any subsidiaries? The following companies are subsidiares of Packaging Co. of America: Acorn Corrugated Box, B C T Incorporated, Boise, Boise White Paper LLC, Colorado Container, Columbus Container, Crockett Packaging, Dixie Container, Field Packaging Group, Hexacomb Canada Corporation, Hexacomb Canada Holdings Corporation, Hexacomb Corporation, International Falls Power Company, Louisiana Timber Procurement Company LLC, Minnesota Dakota & Western Railway Company, PCA Central California Corrugated LLC, PCA Hydro Inc., PCA International Inc., PCA International Services LLC, PCA Michigan Acquisition LLC, PCA Texas Acquisition LLC, Packaging Asset Holdings LLC, Packaging Corporation of America, Packaging Corporation of Asia Limited, Packaging Materials Co, Polywoven Distributors PA LLC, Sacramento Container Corp., Sunbelt Packaging Services, and TimBar Packaging & Display.Read More This page (NYSE:PKG) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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