Packaging Corporation of America (PKG)

Market Cap	20.33B
Revenue (ttm)	8.18B
Net Income (ttm)	767.70M
Shares Out	89.17M
EPS (ttm)	8.58
PE Ratio	26.57
Forward PE	20.37
Dividend	$5.00 (2.19%)
Ex-Dividend Date	Sep 16, 2024

Volume	831,514
Open	226.15
Previous Close	226.21
Day's Range	225.78 - 228.84
52-Week Range	159.57 - 250.82
Beta	0.79
Analysts	Buy
Price Target	241.20 (+5.8%)
Earnings Date	Jan 28, 2025

About 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 pac...

• Industry: Packaging & Containers
• Sector: Consumer Discretionary
• IPO Date: Jan 27, 2000
• Employees: 14,900
• Stock Exchange: NYSE
• Ticker Symbol: PKG
• Website: https://www.packagingcorp.com

Financial Performance

In 2023, PKG's revenue was $7.80 billion, a decrease of -7.97% compared to the previous year's $8.48 billion. Earnings were $759.00 million, a decrease of -25.73%.

Analyst Forecast

According to 6 analysts, the average rating for PKG stock is "Buy." The 12-month stock price forecast is $241.2, which is an increase of 5.80% from the latest price.

Price Target

$241.2

(5.80% upside)

Analyst Consensus: Buy