Zacks Research Issues Pessimistic Forecast for PKG Earnings

Packaging Corporation of America (NYSE:PKG) – Research analysts at Zacks Research lowered their Q3 2026 earnings per share (EPS) estimates for shares of Packaging Corporation of America in a note issued to investors on Friday, June 26th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $3.07 for the quarter, down from their prior forecast of $3.11. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.45 per share. Zacks Research also issued estimates for Packaging Corporation of America’s Q4 2026 earnings at $2.62 EPS, FY2026 earnings at $10.42 EPS, Q1 2027 earnings at $2.82 EPS, Q2 2027 earnings at $2.79 EPS, Q3 2027 earnings at $3.33 EPS, Q4 2027 earnings at $3.14 EPS, FY2027 earnings at $12.08 EPS and Q1 2028 earnings at $3.13 EPS.

Other research analysts also recently issued reports about the stock. Citigroup reduced their price objective on shares of Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. JPMorgan Chase & Co. boosted their target price on shares of Packaging Corporation of America from $225.00 to $246.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. UBS Group upgraded shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and upped their target price for the company from $232.00 to $248.00 in a research note on Wednesday, May 20th. Truist Financial reaffirmed a “buy” rating and set a $258.00 price target (down from $260.00) on shares of Packaging Corporation of America in a research report on Monday, April 27th. Finally, Weiss Ratings downgraded Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $241.83.

Packaging Corporation of America Stock Up 0.0%

PKG stock opened at $241.63 on Monday. The company has a current ratio of 3.07, a quick ratio of 1.88 and a debt-to-equity ratio of 0.87. The firm has a 50 day simple moving average of $221.02 and a 200-day simple moving average of $218.97. The company has a market capitalization of $21.53 billion, a P/E ratio of 29.40, a PEG ratio of 2.26 and a beta of 0.81. Packaging Corporation of America has a twelve month low of $187.41 and a twelve month high of $249.51.

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, beating analysts’ consensus estimates of $2.17 by $0.23. The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.Packaging Corporation of America’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.31 EPS. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS.

Packaging Corporation of America Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be paid a dividend of $1.50 per share. The ex-dividend date is Monday, June 15th. This is a positive change from Packaging Corporation of America’s previous quarterly dividend of $1.25. This represents a $6.00 annualized dividend and a yield of 2.5%. Packaging Corporation of America’s payout ratio is presently 72.99%.

Insiders Place Their Bets

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 9,266 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the sale, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. DV Equities LLC bought a new stake in shares of Packaging Corporation of America during the 4th quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp bought a new position in Packaging Corporation of America in the third quarter worth about $31,000. Covestor Ltd lifted its holdings in Packaging Corporation of America by 140.0% in the fourth quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 91 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its holdings in shares of Packaging Corporation of America by 94.1% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 80 shares during the last quarter. Finally, Navalign LLC bought a new position in shares of Packaging Corporation of America during the fourth quarter valued at approximately $36,000. 89.78% of the stock is owned by institutional investors and hedge funds.

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.