Q1 2026 Earnings Estimate for Packaging Co. of America Issued By Zacks Research (NYSE:PKG)

Packaging Co. of America (NYSE:PKG) – Stock analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of Packaging Co. of America in a research report issued to clients and investors on Monday, May 6th. Zacks Research analyst S. Deb now anticipates that the industrial products company will earn $2.37 per share for the quarter, up from their prior estimate of $2.33. The consensus estimate for Packaging Co. of America’s current full-year earnings is $8.21 per share.

Several other equities research analysts have also issued reports on PKG. Citigroup lowered their price objective on Packaging Co. of America from $183.00 to $181.00 and set a “neutral” rating for the company in a research note on Thursday, April 25th. Bank of America raised shares of Packaging Co. of America from a “neutral” rating to a “buy” rating and increased their target price for the company from $172.00 to $202.00 in a research note on Monday, March 4th. StockNews.com cut shares of Packaging Co. of America from a “buy” rating to a “hold” rating in a research note on Friday, April 19th. BNP Paribas downgraded shares of Packaging Co. of America from an “outperform” rating to a “neutral” rating and set a $182.00 price objective for the company. in a research note on Friday, April 12th. Finally, Seaport Res Ptn cut Packaging Co. of America from a “buy” rating to a “neutral” rating in a research note on Monday, January 29th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $173.57.

Packaging Co. of America Stock Up 1.0 %

Shares of NYSE:PKG opened at $180.38 on Thursday. The company has a market cap of $16.19 billion, a price-to-earnings ratio of 22.55, a PEG ratio of 4.29 and a beta of 0.80. Packaging Co. of America has a 12 month low of $122.20 and a 12 month high of $191.27. The company has a current ratio of 2.57, a quick ratio of 1.77 and a debt-to-equity ratio of 0.62. The company has a 50-day moving average price of $182.43 and a 200 day moving average price of $169.78.

Packaging Co. of America (NYSE:PKG) last released its quarterly earnings results on Tuesday, April 23rd. The industrial products company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.09. Packaging Co. of America had a net margin of 9.25% and a return on equity of 18.94%. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the prior year, the firm earned $2.20 earnings per share. Packaging Co. of America’s revenue was up .2% on a year-over-year basis.

Institutional Investors Weigh In On Packaging Co. of America

A number of institutional investors have recently added to or reduced their stakes in PKG. Norges Bank bought a new position in Packaging Co. of America in the fourth quarter worth about $163,314,000. Boston Partners bought a new position in shares of Packaging Co. of America during the 3rd quarter worth approximately $123,821,000. Balyasny Asset Management L.P. raised its stake in shares of Packaging Co. of America by 175.3% during the 4th quarter. Balyasny Asset Management L.P. now owns 438,285 shares of the industrial products company’s stock worth $71,401,000 after acquiring an additional 279,059 shares in the last quarter. Retirement Systems of Alabama lifted its position in Packaging Co. of America by 1,133.4% during the fourth quarter. Retirement Systems of Alabama now owns 250,752 shares of the industrial products company’s stock valued at $40,850,000 after acquiring an additional 230,422 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Packaging Co. of America by 31.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 783,619 shares of the industrial products company’s stock valued at $127,659,000 after acquiring an additional 189,401 shares in the last quarter. Institutional investors own 89.78% of the company’s stock.

Insider Buying and Selling

In other Packaging Co. of America news, CFO Robert P. Mundy sold 10,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $182.51, for a total value of $1,825,100.00. Following the completion of the sale, the chief financial officer now directly owns 46,454 shares in the company, valued at approximately $8,478,319.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CFO Robert P. Mundy sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $182.51, for a total value of $1,825,100.00. Following the completion of the sale, the chief financial officer now owns 46,454 shares of the company’s stock, valued at approximately $8,478,319.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Thomas A. Hassfurther sold 14,191 shares of Packaging Co. of America stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $173.80, for a total transaction of $2,466,395.80. Following the transaction, the vice president now directly owns 183,930 shares in the company, valued at $31,967,034. The disclosure for this sale can be found here. Insiders have sold a total of 38,041 shares of company stock valued at $6,799,177 over the last quarter. 1.60% of the stock is owned by corporate insiders.

Packaging Co. of America Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 14th will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.77%. Packaging Co. of America’s payout ratio is 62.50%.

About Packaging Co. of America

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.