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Market Cap 13.91B P/E 16.33 EPS this Y 1.10% Ern Qtrly Grth -10.60%
Income 759M Forward P/E 19.43 EPS next Y 14.90% 50D Avg Chg 15.00%
Sales 7.8B PEG -1.49 EPS past 5Y 7.59% 200D Avg Chg 16.00%
Dividend 3.00% Price/Book 3.67 EPS next 5Y -14.29% 52W High Chg -1.00%
Recommedations 2.40 Quick Ratio 1.72 Shares Outstanding 89.62M 52W Low Chg 40.00%
Insider Own 1.49% ROA 8.42% Shares Float 87.31M Beta 0.79
Inst Own 92.20% ROE 19.97% Shares Shorted/Prior 1.65M/1.85M Price 154.64
Gross Margin 21.97% Profit Margin 9.81% Avg. Volume 667,132 Target Price 177.14
Oper. Margin 14.10% Earnings Date Apr 22 Volume 658,070 Change 1.01%
About Packaging Corporation of Americ

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.

Packaging Corporation of Americ News
03/21/24 Packaging Corporation of America Schedules Conference Call to Discuss First Quarter 2024 Operating Results
03/15/24 Zacks Industry Outlook Highlights Packaging, AptarGroup and Greif.
03/14/24 3 Stocks to Watch in the Thriving Paper & Plastic Packaging Industry
03/09/24 Four Days Left Until Packaging Corporation of America (NYSE:PKG) Trades Ex-Dividend
03/03/24 Packaging Corporation of America (NYSE:PKG) Has Affirmed Its Dividend Of $1.25
03/01/24 Decoding Packaging Corp of America (PKG): A Strategic SWOT Insight
02/14/24 Packaging Corporation of America’s Chief Executive Officer to Speak at Bank of America’s 2024 Conference
01/27/24 Packaging Corporation of America (NYSE:PKG) Q4 2023 Earnings Call Transcript
01/25/24 Q4 2023 Packaging Corp of America Earnings Call
01/25/24 Packaging Corp (PKG) Q4 Earnings Beat Estimates, Dip Y/Y
01/25/24 Packaging Corp of America (PKG) Navigates Market Challenges with Resilient 2023 Performance
01/24/24 Packaging Corporation of America Reports Fourth Quarter and Full Year 2023 Results
01/22/24 The 3 Most Promising Picks in Manufacturing Stocks for 2024
01/19/24 What's in Store for Packaging Corp (PKG) in Q4 Earnings?
01/18/24 5 Large-Cap Stocks Set to Beat on Earnings Next Week
01/17/24 Are Investors Undervaluing Packaging Corporation of America (PKG) Right Now?
01/17/24 Why Packaging Corporation (PKG) Might Surprise This Earnings Season
01/11/24 3 Stocks at the Vanguard of the Vegan Revolution
01/11/24 Berry Global (BERY) Prices $800M Senior Notes in Private Offering
12/29/23 Is Packaging Corporation of America (PKG) Stock Undervalued Right Now?
PKG Chatroom

User Image UncleStock Posted - 23 hours ago

$KRT $SEB $TGLS $PKG suggested for General Industrials - value screen: https://zpr.io/HVTgu

User Image Stock_Titan Posted - 1 week ago

$PKG Packaging Corporation of America Schedules Conference Call to Discuss First Quarter 2024 Operating Results https://www.stocktitan.net/news/PKG/packaging-corporation-of-america-schedules-conference-call-to-175q2o2la2l4.html

User Image InsiderPeek Posted - 2 weeks ago

$PKG CFO Mundy Robert P. sold 10k shares for $1.8 millions (ownership down 17.71%) insiderpeek.com/company/PKG

User Image insiderbuyingselling Posted - 2 weeks ago

$PKG new insider selling: 10000 shares. http://insiderbuyingselling.com/?t=PKG

User Image InsiderPeek Posted - 3 weeks ago

$PKG CEO Kowlzan Mark W sold 53.2k shares for $9.9 millions (ownership down 9.7%) insiderpeek.com/company/PKG

User Image insiderbuyingselling Posted - 3 weeks ago

$PKG new insider selling: 53196 shares. http://insiderbuyingselling.com/?t=PKG

User Image insiderbuyingselling Posted - 3 weeks ago

$PKG new insider selling: 13850 shares. http://insiderbuyingselling.com/?t=PKG

User Image Stock_Titan Posted - 4 weeks ago

$PKG Packaging Corporation of America Declares Quarterly Dividend https://www.stocktitan.net/news/PKG/packaging-corporation-of-america-declares-quarterly-f0omcgwi3dwv.html

User Image insiderbuyingselling Posted - 1 month ago

$PKG new insider selling: 14191 shares. http://insiderbuyingselling.com/?t=PKG

User Image UncleStock Posted - 1 month ago

$KRT $SEB $TGLS $PKG suggested for General Industrials - value screen: https://zpr.io/HVTgu

User Image Stock_Titan Posted - 1 month ago

$PKG Packaging Corporation of America’s Chief Executive Officer to Speak at Bank of America’s 2024 Conference https://www.stocktitan.net/news/PKG/packaging-corporation-of-america-s-chief-executive-officer-to-speak-03dlbw6mjip7.html

User Image Stock_Titan Posted - 1 month ago

$PKG Packaging Corporation of America’s Chief Executive Officer to Speak at Bank of America’s 2024 Conference https://www.stocktitan.net/news/PKG/packaging-corporation-of-america-s-chief-executive-officer-to-speak-be72t1dld3vk.html

User Image UncleStock Posted - 1 month ago

$KRT $SEB $TGLS $PKG suggested for General Industrials - value screen: https://zpr.io/HVTgu

User Image corruptmarket Posted - 1 month ago

$PKG now we are talking

User Image Nosh Posted - 01/31/24

$PKG Let it drop but will give a nice entry point soon...

User Image corruptmarket Posted - 01/31/24

$PKG about time reality hit this thing. Under 150 soon.

User Image EarningsInsider Posted - 2 months ago

Packaging Co. of America Earnings Transcript $PKG https://www.marketbeat.com/earnings/transcripts/100253/

User Image EarningsInsider Posted - 2 months ago

Packaging Co. of America Earnings Transcript $PKG https://www.marketbeat.com/earnings/transcripts/100253/

User Image EarningsInsider Posted - 2 months ago

$PKG updates Q1 2024 guidance to 1.540-1.540 EPS. www.marketbeat.com/stocks/NYSE/PKG/earnings/

User Image jaydilks Posted - 2 months ago

$SCHD Leaders of SCHD today. Lots of holdings are breaking out. $PARA $IP $PKG

User Image RobinHdJr Posted - 2 months ago

$PKG Positive earnings surprise, the market agrees, prospects for this company look good

User Image corruptmarket Posted - 2 months ago

$PKG I got wrecked. Although I’m shocked this is green after that report.

User Image eWhispers Posted - 2 months ago

$PKG conference call summary: It was a difficult year, but our paper business had record margins, and we had record cash flow. Higher prices and/or price mix should help results in 2024. Demand is strong so far in 2024, and we see that trend continuing through the quarter. http://eps.sh/d/pkg

User Image Last10K Posted - 2 months ago

$PKG just filed with the SEC a Earnings Release and a Financial Exhibit https://last10k.com/sec-filings/PKG/0000950170-24-007108.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=PKG

User Image EarningsInsider Posted - 2 months ago

$PKG updates Q1 guidance to $1.54 EPS. www.marketbeat.com/stocks/NYSE/PKG/earnings/

User Image DonCorleone77 Posted - 2 months ago

$PKG Packaging Corp. reports Q4 EPS $2.13, consensus $1.83 Reports Q4 revenue $1.94B, consensus $1.91B. Commenting on reported results, Mark Kowlzan, chairman and CEO, said, "Throughout the quarter, demand in the Packaging segment was stronger than our expectations. In addition, the higher volume along with the operational benefits of our capital spending program and continued emphasis on cost management and process efficiencies across our manufacturing and converting facilities drove operating and converting costs lower as well. We had an excellent restart of our Wallula, WA mill and the No. 3 machine to meet the stronger demand and build some needed inventory during the quarter. We plan to restart the No. 2 machine at the Wallula mill in the first quarter to help manage our expectations in the first half of 2024 for continued strong demand together with scheduled mill maintenance outages and the final phase of the containerboard conversion of the No. 3 machine at our Jackson..."

User Image Estimize Posted - 2 months ago

$PKG beats the Estimize EPS Consensus by 25c and the Estimize Revenue Consensus by $20.61M. Reports FQ4 earnings of $2.13 EPS and $1.94... http://www.estimize.com/pkg/fq4-2023?utm_content=beat_or_miss&utm_medium=tweet&utm_source=stocktwits

User Image epsguid Posted - 2 months ago

$PKG reported earnings of $2.13, consensus was $1.80, Earnings Whisper was $1.92 via @eWhispers #whisperbeat http://eps.sh/d/pkg

User Image corruptmarket Posted - 2 months ago

$PKG grabbed lotto puts.

User Image eWhispers Posted - 2 months ago

Guidance, sentiment, and price action are once again aligning. However, the intriguing aspect at the start of this earnings season is the emerging indication of our current stage in AI implementation. http://eps.sh/wrs $SPY $NFLX $ISRG $PKG $CAT

Analyst Ratings
B of A Securities Buy Mar 4, 24
Seaport Global Neutral Jan 29, 24
Truist Securities Buy Jan 4, 24
Wells Fargo Equal-Weight Nov 30, 23
Citigroup Neutral Oct 25, 23
Jefferies Hold Oct 18, 23
Citigroup Neutral Oct 13, 23
Jefferies Hold Sep 27, 23
Truist Securities Buy Sep 21, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
STECKO PAUL T Director Director Oct 31 Sell 153.99 9,737 1,499,401 18,765 11/01/23
Pflederer Kent A. SVP SVP Oct 30 Sell 150.9327 4,000 603,731 54,447 10/31/23
Shirley Donald R. SVP SVP Aug 04 Sell 156.14 5,000 780,700 22,967 08/04/23
Schneider Robert Andrew SVP & CIO SVP & CIO Jul 31 Sell 152.8446 15,000 2,292,669 22,595 08/01/23
Hassfurther Thomas A Exec. VP Exec. VP Jul 26 Sell 148.80 27,027 4,021,618 198,121 07/27/23
Carter Charles J. EVP-Mill Ops. EVP-Mill Ops. Jul 26 Sell 149.64 9,263 1,386,115 25,922 07/27/23
Mundy Robert P. EVP & CFO EVP & CFO Jun 06 Sell 160.2976 13,800 2,212,107 38,799 06/08/22
Harman Donna A. Director Director May 25 Buy 153.208 500 76,604 2,725 05/26/22
Carter Charles J. EVP-Mill Ops. EVP-Mill Ops. Apr 27 Sell 163 7,447 1,213,861 04/29/22
Ridley Bruce A SVP SVP Feb 11 Sell 148.62 3,481 517,346 12,517 02/15/22
Hassfurther Thomas A Exec. VP Exec. VP Nov 13 Sell 129.39 7,000 905,730 149,294 11/13/20