Packaging Corporation of America (PKG)
| Market Cap | 13.97B |
| Revenue (ttm) | 8.06B |
| Net Income (ttm) | 928.70M |
| Shares Out | 93.70M |
| EPS (ttm) | 9.78 |
| PE Ratio | 15.25 |
| Forward PE | 13.77 |
| Dividend | $4.00 (2.68%) |
| Ex-Dividend Date | Jun 14, 2022 |
| Volume | 874,147 |
| Open | 152.06 |
| Previous Close | 150.49 |
| Day's Range | 146.84 - 152.27 |
| 52-Week Range | 124.78 - 168.50 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 171.87 (+15.3%) |
| Earnings Date | Apr 25, 2022 |
About PKG
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. 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 ...
Financial Performance
In 2021, PKG's revenue was $7.73 billion, an increase of 16.10% compared to the previous year's $6.66 billion. Earnings were $841.10 million, an increase of 82.45%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for PKG stock is "Buy." The 12-month stock price forecast is 171.87, which is an increase of 15.30% from the latest price.
News
Here is Why Growth Investors Should Buy Packaging Corp. (PKG) Now
Packaging Corp. (PKG) could produce exceptional returns because of its solid growth attributes.
Are Industrial Products Stocks Lagging Packaging Corporation of America (PKG) This Year?
Here is how Packaging Corp. (PKG) and Twin Disc (TWIN) have performed compared to their sector so far this year.
Packaging Corp (PKG) Announces a 25% Hike in Dividend Payout
Packaging Corp (PKG) plans to raise its quarterly cash dividend by 25% to $1.25 per share.
Best Momentum Stocks to Buy for May 19th
PKG, MNRL and SCSC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 19, 2022.
New Strong Buy Stocks for May 19th
SBLK, OUT, SSB, PKG, and MNRL have been added to the Zacks Rank #1 (Strong Buy) List on May 19, 2022.
Packaging Corporation of America Announces 25% Dividend Increase
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) announced today that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $5.00 ...
Solid Data Confirms U.S. Economic Stability: 5 Top Picks
We have narrowed our search to five stocks either from retail or industrial product sectors that have strong potential for 2022. These are: KR, IEX, TGT, PKG and COST.
Reasons to Add Packaging Corp (PKG) Stock to Your Portfolio Now
Backed by solid demand and focus on acquisitions, Packaging Corp (PKG) stock holds the potential to reap benefits for investors.
Here's Why Packaging Corp. (PKG) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Wall Street Lacking Trigger to Rebound: Top 5 Safe Picks
We have narrowed our search to five low-beta stocks with a solid dividend yield. These are: CHRW, VST, PKG, WSO and AEE.
GPK vs. PKG: Which Stock Should Value Investors Buy Now?
GPK vs. PKG: Which Stock Is the Better Value Option?
Top 5 Momentum Picks for May Despite Fed's Aggressive Stance
We have narrowed our search to five large-cap momentum stocks. These are: AR, CHRW, PKG, CSL and ADM.
Is Packaging Corporation of America (PKG) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Packaging Corp. (PKG) and Sonoco (SON) have performed compared to their sector so far this year.
3 Reasons Why Packaging Corp. (PKG) Is a Great Growth Stock
Packaging Corp. (PKG) could produce exceptional returns because of its solid growth attributes.
Packaging Corp (PKG) Q1 Earnings & Sales Top Estimates, Up Y/Y
Packaging Corp (PKG) delivers impressive Q1 bottom-line results on higher volume and improved price and mix in the Packaging and Paper segment.
Packaging Corp. (PKG) Q1 Earnings and Revenues Surpass Estimates
Packaging Corp. (PKG) delivered earnings and revenue surprises of 7.51% and 3.40%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Packaging Corporation of America Reports First Quarter 2022 Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported first quarter 2022 net income of $254 million, or $2.70 per share, and net income of $256 million, or $2.7...
Are You Looking for a Top Momentum Pick? Why Packaging Corp. (PKG) is a Great Choice
Does Packaging Corp. (PKG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Best Momentum Stocks to Buy for April 21st
PKG, ADM, and CPSI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 21, 2022.
Best Income Stocks to Buy for April 21st
GIL, HOPE, and PKG made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 21, 2022.
Factors Setting the Tone for Packaging Corp's (PKG) Q1 Earnings
Packaging Corp's (PKG) Q1 performance is likely to reflect benefits from solid packaging demand for consumer products and strong containerboard and corrugated products demand.
Packaging Corporation of America (PKG) Hit a 52 Week High, Can the Run Continue?
Packaging Corp. (PKG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here's Why Packaging Corp. (PKG) is a Strong Growth Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
GEF or PKG: Which Is the Better Value Stock Right Now?
GEF vs. PKG: Which Stock Is the Better Value Option?
Packaging Corp. (PKG) Upgraded to Strong Buy: Here's What You Should Know
Packaging Corp. (PKG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.