NYSE:PKG Packaging Co. of America (PKG) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free PKG Stock Alerts $171.40 -7.89 (-4.40%) (As of 03:27 PM ET) Add Compare Share Share Today's Range$169.00▼$173.8450-Day Range$164.83▼$190.7152-Week Range$122.20▼$191.27Volume1.02 million shsAverage Volume692,968 shsMarket Capitalization$15.38 billionP/E Ratio20.21Dividend Yield2.92%Price Target$171.29 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Packaging Co. of America alerts: Email Address Packaging Co. of America MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside0.5% Downside$171.29 Price TargetShort InterestHealthy1.62% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.50Upright™ Environmental ScoreNews Sentiment0.54Based on 21 Articles This WeekInsider TradingSelling Shares$6.80 M Sold Last QuarterProj. Earnings Growth13.60%From $8.31 to $9.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.89 out of 5 starsIndustrial Products Sector51st out of 166 stocksPaperboard Containers & Boxes Industry3rd out of 4 stocks 1.1 Analyst's Opinion Consensus RatingPackaging Co. of America has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoveragePackaging Co. of America has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.62% of the float of Packaging Co. of America has been sold short.Short Interest Ratio / Days to CoverPackaging Co. of America has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Packaging Co. of America has recently decreased by 13.94%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldPackaging Co. of America pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPackaging Co. of America does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Packaging Co. of America is 58.96%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Packaging Co. of America will have a dividend payout ratio of 52.97% next year. This indicates that Packaging Co. of America will be able to sustain or increase its dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePackaging Co. of America has received a 10.48% net impact score from Upright. Packaging Corporation Of America seems to create the most significant positive value in categories "Taxes", "GHG emissions", and "Jobs". The positive contribution in the "GHG emissions" impact category is mostly driven by its "Wood-based garments packages", "Corrugated fiberboard electronics packages", "Wood-based household items packaging materials", "Wood-based flower and plant packages", and "Wood-based postal packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Packaging Co. of America is -1.50. Previous Next 2.5 News and Social Media Coverage News SentimentPackaging Co. of America has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Packaging Co. of America this week, compared to 6 articles on an average week.Search Interest7 people have searched for PKG on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Packaging Co. of America to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Packaging Co. of America insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,799,177.00 in company stock.Percentage Held by InsidersOnly 1.70% of the stock of Packaging Co. of America is held by insiders.Percentage Held by Institutions89.78% of the stock of Packaging Co. of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Packaging Co. of America are expected to grow by 13.60% in the coming year, from $8.31 to $9.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Packaging Co. of America is 20.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Packaging Co. of America is 20.31, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.37.Price to Earnings Growth RatioPackaging Co. of America has a PEG Ratio of 4.33. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPackaging Co. of America has a P/B Ratio of 3.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> About Packaging Co. of America Stock (NYSE: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 packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.Read More PKG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PKG Stock News HeadlinesApril 22, 2024 | markets.businessinsider.comPackaging Corporation of America Q1 Profit Decreases, but beats estimatesApril 22, 2024 | msn.comPackaging Corp of America beats Q1 expectations, guides Q2 below street viewApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 22, 2024 | finance.yahoo.comPackaging Corp beats first-quarter results on higher pricingApril 22, 2024 | businesswire.comPackaging Corporation of America Reports First Quarter 2024 ResultsApril 21, 2024 | seekingalpha.comPackaging Corporation of America: After A Great Run Up, It's Time For A DowngradeApril 19, 2024 | finance.yahoo.comPackaging Corporation of America's (NYSE:PKG) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?April 19, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Downgraded by StockNews.comApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 17, 2024 | msn.comPackaging Corp. (PKG) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance MeasuresApril 17, 2024 | finance.yahoo.comWhat's in Store for Packaging Corp (PKG) in Q1 Earnings?April 16, 2024 | msn.comPackaging company to open factory in Anderson Co., add 200 jobsApril 16, 2024 | yahoo.comGlobal packaging company creates 200 manufacturing jobs in Anderson Co.April 16, 2024 | seekingalpha.comPackaging Corporation of America: A Quality Company, But With Overextended ValuationApril 15, 2024 | americanbankingnews.comPackaging Co. of America (PKG) to Release Quarterly Earnings on MondayApril 14, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Stock Rating Lowered by BNP ParibasApril 14, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Shares Gap Down to $186.28April 13, 2024 | americanbankingnews.comPackaging Co. of America (NYSE:PKG) Rating Increased to Buy at StockNews.comApril 4, 2024 | msn.comAs Amazon eliminates plastic packaging abroad, it’s using even more in the USApril 4, 2024 | markets.businessinsider.com5 Analysts Have This To Say About Graphic Packaging HoldingApril 4, 2024 | msn.comAmazon Is Ditching Plastic Packaging Abroad—but Using Even More in the U.S.April 3, 2024 | finance.yahoo.comGreen Packaging Market To Reach USD 546.4 Billion By 2032, Says DataHorizzon ResearchApril 3, 2024 | finance.yahoo.comPackaging Automation Market Size Expected to Reach USD 136.47 Bn by 2032April 1, 2024 | prnewswire.comSHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Packaging Corporation of America (NYSE: PKG)March 29, 2024 | finance.yahoo.comPackaging Corporation of America (NYSE:PKG) shareholders have earned a 17% CAGR over the last five yearsMarch 21, 2024 | businesswire.comPackaging Corporation of America Schedules Conference Call to Discuss First Quarter 2024 Operating ResultsMarch 19, 2024 | marketwatch.comIP’s stock jumps after replacing longtime CEO with an investment-firm veteranSee More Headlines Receive PKG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Packaging Co. of America and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/15 Dividend3/14/2024Dividend Payable4/15/2024Today4/23/2024Last Earnings4/23/2024Next Earnings (Estimated)7/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Paperboard containers & boxes Sub-IndustryPaper Packaging Current SymbolNYSE:PKG CUSIP69515610 CIK75677 Webwww.packagingcorp.com Phone(847) 482-3000Fax847-482-4545Employees14,900Year Founded1959Price Target and Rating Average Stock Price Target$171.29 High Stock Price Target$202.00 Low Stock Price Target$132.00 Potential Upside/Downside-0.6%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$8.48 Trailing P/E Ratio20.31 Forward P/E Ratio20.73 P/E Growth4.33Net Income$765.20 million Net Margins9.81% Pretax Margin13.00% Return on Equity20.25% Return on Assets9.50% Debt Debt-to-Equity Ratio0.62 Current Ratio2.57 Quick Ratio1.77 Sales & Book Value Annual Sales$7.80 billion Price / Sales1.98 Cash Flow$13.94 per share Price / Cash Flow12.36 Book Value$44.60 per share Price / Book3.86Miscellaneous Outstanding Shares89,750,000Free Float88,229,000Market Cap$15.46 billion OptionableOptionable Beta0.78 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Mark W. Kowlzan (Age 68)Chairman of the Board & CEO Comp: $4.73MMr. Thomas A. Hassfurther PCA (Age 68)Executive Vice President of Corrugated Products Comp: $3.45MMr. Charles J. Carter (Age 64)Executive Vice President of Mill Operations Comp: $2.03MMr. Donald Ray Shirley (Age 52)Senior VP of Corporate Engineering & Process Technology Comp: $1.42MMr. Bruce A. Ridley (Age 68)Senior VP of Environmental Health, Safety & Operational Services Key CompetitorsGraphic PackagingNYSE:GPKSonoco ProductsNYSE:SONCNH IndustrialNYSE:CNHIAvery DennisonNYSE:AVYNordsonNASDAQ:NDSNView All CompetitorsInsiders & InstitutionsFifth Third BancorpSold 2,713 shares on 4/23/2024Ownership: 0.094%Raymond James Financial Services Advisors Inc.Bought 5,394 shares on 4/23/2024Ownership: 0.024%Ashton Thomas Private Wealth LLCBought 129 shares on 4/22/2024Ownership: 0.004%Nilsine Partners LLCSold 148 shares on 4/22/2024Ownership: 0.001%Vishria Bird Financial Group LLCBought 1,091 shares on 4/22/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions PKG Stock Analysis - Frequently Asked Questions Should I buy or sell Packaging Co. of America stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Packaging Co. of America in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PKG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PKG, but not buy additional shares or sell existing shares. View PKG analyst ratings or view top-rated stocks. What is Packaging Co. of America's stock price target for 2024? 7 brokerages have issued 12 month price objectives for Packaging Co. of America's shares. Their PKG share price targets range from $132.00 to $202.00. On average, they expect the company's share price to reach $171.29 in the next year. This suggests that the stock has a possible downside of 0.5%. View analysts price targets for PKG or view top-rated stocks among Wall Street analysts. How have PKG shares performed in 2024? Packaging Co. of America's stock was trading at $162.91 at the start of the year. Since then, PKG stock has increased by 5.7% and is now trading at $172.19. View the best growth stocks for 2024 here. When is Packaging Co. of America's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our PKG earnings forecast. How were Packaging Co. of America's earnings last quarter? Packaging Co. of America (NYSE:PKG) announced its earnings results on Tuesday, April, 23rd. The industrial products company reported $1.72 EPS for the quarter, topping analysts' consensus estimates of $1.63 by $0.09. The industrial products company had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.91 billion. Packaging Co. of America had a trailing twelve-month return on equity of 20.25% and a net margin of 9.81%. The business's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.20 earnings per share. How often does Packaging Co. of America pay dividends? What is the dividend yield for Packaging Co. of America? Packaging Co. of America announced a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 15th will be paid a dividend of $1.25 per share on Monday, April 15th. This represents a $5.00 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for PKG. Is Packaging Co. of America a good dividend stock? Packaging Co. of America (NYSE:PKG) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.78%. The dividend payout ratio is 58.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PKG will have a dividend payout ratio of 52.97% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PKG. What ETFs hold Packaging Co. of America's stock? ETFs with the largest weight of Packaging Co. of America (NYSE:PKG) stock in their portfolio include Invesco MSCI Global Timber ETF (CUT), Leatherback Long/Short Alternative Yield ETF (LBAY), iShares Emergent Food and AgTech Multisector ETF (IVEG), Invesco S&P 500 Equal Weight Materials ETF (RTM), Invesco S&P 500 Equal Weight Materials ETF (RSPM), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Profound Medical (PRN) and First Trust Dorsey Wright Momentum & Dividend ETF (DDIV). What guidance has Packaging Co. of America issued on next quarter's earnings? Packaging Co. of America issued an update on its second quarter 2024 earnings guidance on Monday, April, 22nd. The company provided EPS guidance of 2.070-2.070 for the period, compared to the consensus EPS estimate of 2.220. The company issued revenue guidance of -. What is Mark W. Kowlzan's approval rating as Packaging Co. of America's CEO? 114 employees have rated Packaging Co. of America Chief Executive Officer Mark W. Kowlzan on Glassdoor.com. Mark W. Kowlzan has an approval rating of 95% among the company's employees. This puts Mark W. Kowlzan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Packaging Co. of America own? Based on aggregate information from My MarketBeat watchlists, some companies that other Packaging Co. of America investors own include Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Boeing (BA), NVIDIA (NVDA) and Bristol-Myers Squibb (BMY). Who are Packaging Co. of America's major shareholders? Packaging Co. of America's stock is owned by a variety of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.27%), Raymond James & Associates (0.20%), Fifth Third Bancorp (0.09%), Allspring Global Investments Holdings LLC (0.08%), Los Angeles Capital Management LLC (0.06%) and Alaska Permanent Fund Corp (0.05%). Insiders that own company stock include Bruce A Ridley, Charles J Carter, Donald R Shirley, Donna A Harman, Kent A Pflederer, Paul T Stecko, Robert Andrew Schneider, Robert P Mundy and Thomas A Hassfurther. View institutional ownership trends. How do I buy shares of Packaging Co. of America? Shares of PKG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Packaging Co. of America have any subsidiaries? The following companies are subsidiares of Packaging Co. of America: Acorn Corrugated Box, B C T Incorporated, Boise, Boise White Paper LLC, Colorado Container, Columbus Container, Crockett Packaging, Dixie Container, Field Packaging Group, Hexacomb Canada Corporation, Hexacomb Canada Holdings Corporation, Hexacomb Corporation, International Falls Power Company, Louisiana Timber Procurement Company LLC, Minnesota Dakota & Western Railway Company, PCA Central California Corrugated LLC, PCA Hydro Inc., PCA International Inc., PCA International Services LLC, PCA Michigan Acquisition LLC, PCA Texas Acquisition LLC, Packaging Asset Holdings LLC, Packaging Corporation of America, Packaging Corporation of Asia Limited, Packaging Materials Co, Polywoven Distributors PA LLC, Sacramento Container Corp., Sunbelt Packaging Services, and TimBar Packaging & Display.Read More This page (NYSE:PKG) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersPentagon contract could send this $2 AI stock soaringBehind the MarketsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsForget Bitcoin. 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