Packaging Corporation of America (PKG)

Market Cap	21.77B
Revenue (ttm)	8.18B
Net Income (ttm)	767.70M
Shares Out	89.17M
EPS (ttm)	8.58
PE Ratio	28.45
Forward PE	21.98
Dividend	$5.00 (2.05%)
Ex-Dividend Date	Sep 16, 2024

Volume	874,433
Open	238.01
Previous Close	238.31
Day's Range	236.51 - 248.55
52-Week Range	152.99 - 248.55
Beta	0.78
Analysts	Buy
Price Target	231.50 (-5.16%)
Earnings Date	Oct 22, 2024

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 5 analysts, the average rating for PKG stock is "Buy." The 12-month stock price forecast is $231.5, which is a decrease of -5.16% from the latest price.

Price Target

$231.5

(-5.16% downside)

Analyst Consensus: Buy