Packaging Corporation of America (PKG) Expected to Announce Earnings on Wednesday

Packaging Corporation of America (NYSE:PKG) is projected to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 23rd. Analysts expect Packaging Corporation of America to post earnings of $2.43 per share and revenue of $2.18 billion for the quarter. Packaging Corporation of America has set its Q2 2025 guidance at 2.410-2.410 EPS.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings data on Tuesday, April 22nd. The industrial products company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.10. The business had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.12 billion. Packaging Corporation of America had a return on equity of 20.08% and a net margin of 10.09%. On average, analysts expect Packaging Corporation of America to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Packaging Corporation of America Price Performance

Packaging Corporation of America stock opened at $199.66 on Wednesday. The company has a current ratio of 3.28, a quick ratio of 2.15 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $17.97 billion, a PE ratio of 20.88, a P/E/G ratio of 2.69 and a beta of 0.82. Packaging Corporation of America has a 12 month low of $172.72 and a 12 month high of $250.82. The stock has a 50-day moving average price of $193.32 and a two-hundred day moving average price of $201.64.

Packaging Corporation of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were given a $1.25 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $5.00 annualized dividend and a yield of 2.50%. Packaging Corporation of America’s dividend payout ratio is presently 52.30%.

Hedge Funds Weigh In On Packaging Corporation of America

A number of hedge funds have recently made changes to their positions in PKG. Geneos Wealth Management Inc. increased its holdings in Packaging Corporation of America by 40.4% in the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 57 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in Packaging Corporation of America by 73.5% in the first quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock worth $585,000 after purchasing an additional 1,252 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in Packaging Corporation of America by 538.6% in the first quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock worth $1,248,000 after purchasing an additional 5,316 shares in the last quarter. 89.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Truist Financial increased their target price on Packaging Corporation of America from $237.00 to $239.00 and gave the company a “buy” rating in a research report on Tuesday, June 17th. Jefferies Financial Group downgraded Packaging Corporation of America from a “buy” rating to a “hold” rating and dropped their target price for the company from $245.00 to $205.00 in a research report on Monday, June 16th. UBS Group increased their target price on Packaging Corporation of America from $200.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, July 9th. Wells Fargo & Company raised their price objective on Packaging Corporation of America from $180.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 10th. Finally, Wall Street Zen downgraded Packaging Corporation of America from a “buy” rating to a “hold” rating in a research report on Sunday, April 6th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $217.80.

About Packaging Corporation of America

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.