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Packaging Corporation of America (PKG)

Stock Price: $154.56 USD 1.40 (0.91%)
Updated May 10, 2021 4:00 PM EDT - Market closed
Market Cap 14.55B
Revenue (ttm) 6.76B
Net Income (ttm) 485.90M
Shares Out 94.83M
EPS (ttm) 5.10
PE Ratio 30.30
Forward PE 21.01
Dividend $3.58
Dividend Yield 2.32%
Trading Day May 10
Last Price $154.56
Previous Close $153.16
Change ($) 1.40
Change (%) 0.91%
Day's Open 154.20
Day's Range 153.43 - 156.54
Day's Volume 363,246
52-Week Range 84.34 - 156.54

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Packaging Corp's (PKG) Q1 bottom-line results reflect benefits from higher volume, improved price and mix in packaging segment.

1 week ago - Zacks Investment Research

Packaging Corp. (PKG) delivered earnings and revenue surprises of 20.41% and 3.97%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported first quarter 2021 net income of $167 million, or $1.75 per share, and net income of $169 million, or $1.7...

1 week ago - Business Wire

Packaging Corp of America (NYSE:PKG) announces its next round of earnings this Monday, April 26. Here is Benzinga's look at Packaging Corp of America's Q1 earnings report.

2 weeks ago - Benzinga

Packaging Corp's (PKG) Q1 results are likely to reflect solid packaging demand for critical products amid the pandemic. However, lower paper demand and higher costs might have dented the margin.

2 weeks ago - Zacks Investment Research

Packaging Corp. (PKG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Higher volumes of e-commerce amid COVID-19 fuel retail online sales, thus benefiting many companies directly and indirectly from growth in e-commerce

Other stocks mentioned: ETH, ETSY, PYPL
1 month ago - Zacks Investment Research

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Tuesday, April 27, 2021 at 9:00 a.m. Eastern Time to discuss first quarter 2021 results. F...

1 month ago - Business Wire

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned companies have grown their book value per share over the past decade through March 31.

Other stocks mentioned: DKS, GNTX, LKQ, TM
1 month ago - GuruFocus

Surge in e-commerce demand for food, beverage and pharmaceutical products will continue to boost Packaging Corporation's (PKG) results despite high costs.

1 month ago - Zacks Investment Research

The e-commerce packaging market seems poised to witness growth going forward as demand for e-commerce remains robust, making it prudent to look at names like Amcor (AMCR) and Sealed Air (SEE)

Other stocks mentioned: AMCR, IP, SEE
2 months ago - Zacks Investment Research

A word that barely has been mentioned on Wall Street over the past few years is reentering the lexicon.

Other stocks mentioned: EMR, GD, JNJ, PG
2 months ago - 24/7 Wall Street

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today announced that it has discontinued production of uncoated freesheet (UFS) grades on the No. 3 paper machine at its ...

2 months ago - Business Wire

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.00 per share on its common stock. The quarterl...

2 months ago - Business Wire

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned cyclical stocks have outperformed the S&P 500 Index over the past 12 months through Feb. 2.

Other stocks mentioned: CCK, FBHS, POOL, TTM
3 months ago - GuruFocus

Packaging Corporation of America's (PKG) CEO Mark Kowlzan on Q4 2020 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Packaging Corp. (PKG) have what it takes?

3 months ago - Zacks Investment Research

Packaging Corp's (PKG) Q4 results hurt by lower prices and mix in both of its segments and dismal volumes in the Paper segment.

3 months ago - Zacks Investment Research

Packaging Corp. (PKG) delivered earnings and revenue surprises of -6.34% and -0.76%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Shares of Packaging Corp of America (NYSE:PKG) were unchanged in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 22.22% year over year to $1.33...

3 months ago - Benzinga

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2020 net income of $124 million, or $1.30 per share, and net income of $127 million, or $1....

3 months ago - Business Wire

While these stocks aren't found in the Dow Jones Industrials, they certainly fit the bill for reliability and their economic value. The post The 7 Best Dividend Stocks To Buy On The Market Today appeare...

Other stocks mentioned: BG, BLK, CLX, CMI, KR, TXN
3 months ago - InvestorPlace

Packaging Corp's (PKG) Q4 results likely to reflect solid demand for packaging for critical products amid the coronavirus crisis. However, lower demand for paper consumption in schools and offices might...

3 months ago - Zacks Investment Research

GPK vs. PKG: Which Stock Is the Better Value Option?

Other stocks mentioned: GPK
3 months ago - Zacks Investment Research

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Thursday, January 28, 2021 at 9:30 a.m. Eastern Time to discuss fourth quarter and full ye...

4 months ago - Business Wire

Amid the pandemic-led challenges, industrial stocks are gaining from an improved operating environment. Five stocks that have performed well and are expected to grow are DE, ITW, BLL, PKG and FBHS.

Other stocks mentioned: BLL, DE, FBHS, ITW
4 months ago - Zacks Investment Research

We have narrowed down our search to five reopening stocks that have popped in 2020 and still have strong upside left for 2021. These are DE, FDX, LB, LBRDA, PKG.

Other stocks mentioned: DE, FDX, LB, LBRDA
4 months ago - Zacks Investment Research

The Industrial Products sector continues to gain on upbeat manufacturing performance. Packaging Corp (PKG), AGCO Corp (AGCO), Lincoln Electric (LECO) and Timken (TKR) are poised to capitalize on this tr...

Other stocks mentioned: AGCO, LECO, TKR
4 months ago - Zacks Investment Research

We have narrowed down our search to five industrial stocks with strong growth potential for 2021. These are DE, RBC, GGG, PKG, AIMC.

Other stocks mentioned: AIMC, DE, GGG, RBC
4 months ago - Zacks Investment Research

Packaging Corporation (PKG) announces a 27% hike in its annual dividend after a gap of two years.

4 months ago - Zacks Investment Research

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 $4.00 ...

4 months ago - Business Wire

Packaging Corp. (PKG) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

Stellar third-quarter results, robust demand for packaging as well as the e-commerce boom are contributing to the run-up in Packaging Corp's (PKG) shares.

5 months ago - Zacks Investment Research

PKG vs. ATR: Which Stock Is the Better Value Option?

Other stocks mentioned: ATR
6 months ago - Zacks Investment Research

Packaging Corporation of America (PKG) CEO Mark Kowlzan on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Packaging Corp's (PKG) Q3 earnings decline, year over year, on lower prices and mix in the Packaging and Paper segments, dismal volumes in the Paper segment and scheduled maintenance outage costs.

6 months ago - Zacks Investment Research

Packaging Corp. (PKG) delivered earnings and revenue surprises of 15.44% and 2.21%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported third quarter 2020 net income of $139 million, or $1.46 per share, and net income of $149 million, or $1.5...

6 months ago - Business Wire

Packaging Corp's (PKG) Q3 results likely to reflect solid demand for critical products amid the coronavirus crisis, offset by lower demand for paper consumption in schools and offices.

6 months ago - Zacks Investment Research

Packaging Corp. (PKG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Tuesday, October 27, 2020 at 9:00 a.m. Eastern Time to discuss third quarter 2020 results....

7 months ago - Business Wire

Packaging Corp (PKG) is poised to benefit from robust demand for packaging as well as the e-commerce boom.

7 months ago - Zacks Investment Research

Packaging Corp's (PKG) DeRidder mill production was down for approximately 12 days, with reductions of 40,000 tons, due to Hurricane Laura.

7 months ago - Zacks Investment Research

Investors can retain Packaging Corp (PKG) stock in their portfolio at the moment on robust demand for packaging as well as the e-commerce boom.

8 months ago - Zacks Investment Research

Packaging Corp. (PKG) reported earnings 30 days ago.

8 months ago - Zacks Investment Research

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $0.79 per share on its common stock.

8 months ago - Business Wire

Packaging Corporation of America (PKG) CEO Mark Kowlzan on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Packaging Corp's (PKG) Q2 earnings decline, year over year, on lower prices and mix in the Packaging and Paper segments, dismal volumes in the Paper segment and higher depreciation expense.

9 months ago - Zacks Investment Research

Packaging Corp. (PKG) delivered earnings and revenue surprises of 7.81% and -7.78%, respectively, for the quarter ended June 2020.

9 months ago - Zacks Investment Research

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported second quarter 2020 net income of $57 million, or $0.59 per share, and net income of $132 million, or $1.3...

9 months ago - Business Wire

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 ... [Read more...]

Industry
Packaging & Containers
IPO Date
Jan 27, 2000
CEO
Mark Kowlzan
Employees
15,200
Stock Exchange
NYSE
Ticker Symbol
PKG
Full Company Profile

Financial Performance

In 2020, PKG's revenue was $6.66 billion, a decrease of -4.40% compared to the previous year's $6.96 billion. Earnings were $461.00 million, a decrease of -33.80%.

Financial Statements

Analyst Forecasts

According to 14 analysts, the average rating for PKG stock is "Hold." The 12-month stock price forecast is 143.50, which is a decrease of -7.16% from the latest price.

Price Target
$143.50
(-7.16% downside)
Analyst Consensus: Hold