Zacks Research Brokers Reduce Earnings Estimates for PKG

Packaging Corporation of America (NYSE:PKG) – Equities researchers at Zacks Research cut their Q3 2026 EPS estimates for Packaging Corporation of America in a report released on Friday, June 5th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $3.11 per share for the quarter, down from their prior estimate of $3.20. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.80 per share. Zacks Research also issued estimates for Packaging Corporation of America’s FY2026 earnings at $10.54 EPS, Q1 2027 earnings at $2.85 EPS, Q2 2027 earnings at $2.82 EPS, Q3 2027 earnings at $3.38 EPS, Q4 2027 earnings at $3.19 EPS, FY2027 earnings at $12.24 EPS and Q1 2028 earnings at $3.17 EPS.

Several other research firms have also recently issued reports on PKG. Weiss Ratings cut Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, May 26th. Truist Financial restated a “buy” rating and set a $258.00 target price (down from $260.00) on shares of Packaging Corporation of America in a research report on Monday, April 27th. UBS Group upgraded shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $232.00 to $248.00 in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft raised shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and boosted their price target for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. Finally, Argus upgraded shares of Packaging Corporation of America to a “strong-buy” rating in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Packaging Corporation of America presently has a consensus rating of “Moderate Buy” and a consensus target price of $236.57.

Packaging Corporation of America Trading Up 0.1%

PKG stock opened at $222.99 on Monday. The company has a quick ratio of 1.88, a current ratio of 3.07 and a debt-to-equity ratio of 0.87. Packaging Corporation of America has a twelve month low of $184.76 and a twelve month high of $249.51. The company has a market cap of $19.87 billion, a P/E ratio of 27.13, a PEG ratio of 2.01 and a beta of 0.81. The business has a fifty day moving average of $214.54 and a 200-day moving average of $215.61.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.23. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.27%. The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same period in the prior year, the business earned $2.31 earnings per share. Packaging Corporation of America’s quarterly revenue was up 10.6% on a year-over-year basis. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS.

Institutional Investors Weigh In On Packaging Corporation of America

Several large investors have recently bought and sold shares of PKG. DV Equities LLC acquired a new stake in Packaging Corporation of America in the fourth quarter worth $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Packaging Corporation of America in the 3rd quarter valued at $31,000. Covestor Ltd grew its holdings in shares of Packaging Corporation of America by 140.0% in the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock valued at $32,000 after buying an additional 91 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in shares of Packaging Corporation of America by 94.1% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after buying an additional 80 shares in the last quarter. Finally, Navalign LLC bought a new stake in shares of Packaging Corporation of America in the 4th quarter valued at $36,000. Institutional investors own 89.78% of the company’s stock.

Insider Activity at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total value of $2,011,463.28. Following the completion of the sale, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at $102,811,258.80. This represents a 1.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.60% of the stock is currently owned by company insiders.

Packaging Corporation of America Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. This is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio is presently 60.83%.

Packaging Corporation of America Company Profile

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.