Packaging Corporation of America/PKG

$178.85

0.34%
-
1D1W1MYTD1YMAX

About Packaging Corporation of America

Packaging Corporation of America is a producer of containerboard products and a producer of uncoated freesheet (UFS) paper in North America. The Company operates eight mills and 86 corrugated products plants and related facilities. Its segments include Packaging, Paper and Corporate and Other. Its containerboard mills produce linerboard and corrugating medium, which are papers primarily used in the production of corrugated products. Its corrugated products manufacturing plants produce a variety of corrugated packaging products. In addition, it also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. It manufactures and sells papers, including both commodity and specialty papers, which may have custom or specialized features, such as colors, coatings, high brightness, and recycled content. Its papers consist of communication papers, including cut-size office papers, and printing and converting papers.

Ticker

PKG

Sector

Basic Materials

Trading on

NYSE

Industry

Containers & Packaging

CEO

Mark Kowlzan

Employees

14,900

Headquarters

Lake forest, United States

PKG Metrics

BasicAdvanced
$16.02B
Market cap
21.05
P/E ratio
$8.48
EPS
0.81
Beta
$5.00
Dividend rate
2.8%
Dividend yield
$16.02B
0.80512
$191.27
$122.20
666.97K
$5.00
2.571
1.771
62.064
72.111
59.45%
49.11
21.21%
9.17%
19.8%
10.52%
21.047
2.054
4.001
5.631
40.676
2.93%
2.8%
2.8%
-7.97%
-22.97%
5.43%
20.51%
16.53%

What the Analysts think about PKG

Analyst Ratings

Majority rating from 9 analysts.
Hold

Price Targets

Average projection from 7 analysts.
3.04% upside
High $202.00
Low $165.00
$178.85
Current price
$184.29
Average price target

PKG Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
9.76% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.94B
0.1%
Net income
$189.2M
3.28%
Profit margin
9.76%
3.17%

PKG Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 16.09%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.20
$2.31
$2.05
$2.13
-
Expected
$2.27
$1.92
$1.93
$1.83
$1.68
Surprise
-2.96%
20.06%
6.23%
16.09%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Packaging Corporation of America stock?

Packaging Corporation of America (PKG) has a market cap of $16.02B as of April 19, 2024.

What is the P/E ratio for Packaging Corporation of America stock?

The price to earnings (P/E) ratio for Packaging Corporation of America (PKG) stock is 21.05 as of April 19, 2024.

Does Packaging Corporation of America stock pay dividends?

Yes, the Packaging Corporation of America (PKG) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $5 and the yield is 2.8%. Packaging Corporation of America has a payout ratio of 59.45% on a trailing twelve-month basis.

When is the next Packaging Corporation of America dividend payment date?

The next Packaging Corporation of America (PKG) dividend payment date is unconfirmed.

What is the beta indicator for Packaging Corporation of America?

Packaging Corporation of America (PKG) has a beta rating of 0.81. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Packaging Corporation of America stock price target?

The target price for Packaging Corporation of America (PKG) stock is $184.29, which is 3.04% above the current price of $178.85. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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