Packaging Corporation of America (PKG)
Market Cap | 18.54B |
Revenue (ttm) | 8.38B |
Net Income (ttm) | 799.50M |
Shares Out | 89.17M |
EPS (ttm) | 8.93 |
PE Ratio | 23.28 |
Forward PE | 19.48 |
Dividend | $5.00 (2.41%) |
Ex-Dividend Date | Dec 20, 2024 |
Volume | 1,411,497 |
Open | 209.51 |
Previous Close | 209.68 |
Day's Range | 206.49 - 210.72 |
52-Week Range | 169.00 - 250.82 |
Beta | 0.79 |
Analysts | Strong Buy |
Price Target | 244.33 (+17.51%) |
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... [Read more]
Financial Performance
In 2024, PKG's revenue was $8.38 billion, an increase of 7.45% compared to the previous year's $7.80 billion. Earnings were $799.50 million, an increase of 5.34%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for PKG stock is "Strong Buy." The 12-month stock price forecast is $244.33, which is an increase of 17.51% from the latest price.
News
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Packaging Corporation of America's Chief Executive Officer to Speak at Bank of America Securities' 2025 Global Agriculture & Materials Conference
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America's (NYSE:PKG) Chief Executive Officer, Mark Kowlzan, will speak at Bank of America Securities' 2025 Global Agriculture and Materials...
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Packaging Corporation of America: Turning Bullish As Momentum Builds (Rating Upgrade)
Packaging Corporation of America delivered strong consolidated revenue growth last quarter, supported by a resilient demand environment, particularly in its packaging segment. Robust shipment growth a...
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Packaging Corporation of America (PKG) Q4 2024 Earnings Conference Call Transcript
Packaging Corporation of America (NYSE:PKG) Q4 2024 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Mark Kowlzan - Chairman and Chief Executive Officer Thomas Hassfurther - ...
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Packaging Corp. Is Worst Stock in S&P 500 After Earnings. Here's Why.
Packaging Corp. of America anticipates various headwinds in the first quarter of 2025.
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Packaging Corp Of America: Valuation Appears Too High Given Margin Pressure
PKG shares gained 40% in the past year but fell 5% after Q4 results missed estimates, adding to my concerns about valuation and future performance. Despite solid earnings growth, PKG's valuation at 26...
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Packaging Corporation of America Reports Fourth Quarter and Full Year 2024 Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2024 net income of $221 million, or $2.45 per share, and net income of $222 million, or $...
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Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Operating Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Wednesday, January 29, 2025 at 9:00 a.m. Eastern Time to discuss fourth quarter and full...
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Packaging Corporation of America Declares Quarterly Dividend
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarte...
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Top 3 Materials Stocks That May Keep You Up At Night This Quarter
As of Nov. 29, 2024, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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Packaging Corporation of America (PKG) Q3 2024 Earnings Call Transcript
Packaging Corporation of America (NYSE:PKG) Q3 2024 Earnings Call Transcript October 23, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman and Chief Executive Officer Tom Hassfurther - Exe...
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Packaging Corporation of America Reports Third Quarter 2024 Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported third quarter 2024 net income of $238 million, or $2.64 per share, and net income of $239 million, or $2...
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Packaging Corporation of America Schedules Conference Call to Discuss Third Quarter 2024 Operating Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Wednesday, October 23, 2024 at 9:00 a.m. Eastern Time to discuss third quarter 2024 resu...
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2 Overvalued, 1 Fairly Valued, And 1 Undervalued Stocks In The SCHD
The index that SCHD tracks doesn't explicitly consider P/E ratios in the inclusion process. Incorporating the P/E ratio on components of the SCHD could enhance an investor's stock selection process. T...
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Packaging Corporation of America (PKG) Q2 2024 Earnings Call Transcript
Packaging Corporation of America (NYSE:PKG) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman & Chief Executive Officer Tom Hassfurther - Executiv...
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Packaging Corporation of America Reports Second Quarter 2024 Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported second quarter 2024 net income of $199 million, or $2.21 per share, and net income of $199 million, or $...
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Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2024 Operating Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Wednesday, July 24, 2024 at 9:00 a.m. Eastern Time to discuss second quarter 2024 result...
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Packaging Corporation of America (PKG) Q1 2024 Earnings Call Transcript
Packaging Corporation of America (NYSE:PKG) Q1 2024 Earnings Call Transcript April 23, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman and CEO Tom Hassfurther - EVP, Corrugated Products ...
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Packaging Corporation of America Reports First Quarter 2024 Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported first quarter 2024 net income of $147 million, or $1.63 per share, and net income of $155 million, or $1...
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Packaging Corporation of America Schedules Conference Call to Discuss First Quarter 2024 Operating Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Tuesday, April 23, 2024 at 9:00 a.m. Eastern Time to discuss first quarter 2024 results....
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Rethinking Risk: Why It's Time To Shift Focus From Dividend Safety To Dividend Growth
Dividend growth investors focus on consistently growing dividends rather than high yields, as it ensures income continues to grow over time. Dividend safety is often considered of utmost importance fo...
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Packaging Corporation of America's Chief Executive Officer to Speak at Bank of America's 2024 Conference
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America's (NYSE: PKG) Chief Executive Officer, Mark Kowlzan, will speak at Bank of America Securities' Global Agriculture and Materials Con...
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Packaging Corporation of America (PKG) Q4 2023 Earnings Call Transcript
Packaging Corporation of America (PKG) Q4 2023 Earnings Call Transcript
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Packaging Corporation of America Reports Fourth Quarter and Full Year 2023 Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2023 net income of $189 million, or $2.10 per share, and net income of $192 million, or $...
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Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Operating Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Thursday, January 25, 2024 at 9:00 a.m. Eastern Time to discuss fourth quarter and full ...