Packaging Corporation of America (PKG) Projected to Post Quarterly Earnings on Wednesday

Packaging Corporation of America (NYSE:PKGGet Free Report) is projected to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $2.33 per share and revenue of $2.4929 billion for the quarter. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 9:00 AM ET.

Packaging Corporation of America (NYSE:PKGGet Free Report) 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 business 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 revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.31 EPS. On average, analysts expect Packaging Corporation of America to post $10 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Packaging Corporation of America Trading Up 0.1%

NYSE PKG opened at $225.99 on Wednesday. The stock has a market capitalization of $20.14 billion, a price-to-earnings ratio of 27.49, a PEG ratio of 2.12 and a beta of 0.80. The stock’s 50 day moving average price is $225.46 and its two-hundred day moving average price is $221.39. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.88 and a current ratio of 3.07. Packaging Corporation of America has a 52 week low of $189.03 and a 52 week high of $249.51.

Packaging Corporation of America Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $6.00 annualized dividend and a dividend yield of 2.7%. This is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio (DPR) is 72.99%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Bank of America lifted their price objective on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the company a “buy” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft upgraded shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and increased their target price for the stock from $225.00 to $256.00 in a report on Monday, May 4th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $246.00 target price (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. UBS Group upgraded shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and lifted their price target for the company from $232.00 to $248.00 in a research note on Wednesday, May 20th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Packaging Corporation of America from $246.00 to $269.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $254.43.

Get Our Latest Stock Analysis on Packaging Corporation of America

Insider Buying and Selling at Packaging Corporation of America

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

Institutional Investors Weigh In On Packaging Corporation of America

Several large investors have recently made changes to their positions in PKG. Pacer Advisors Inc. increased its holdings in Packaging Corporation of America by 7.1% during the fourth quarter. Pacer Advisors Inc. now owns 7,638 shares of the industrial products company’s stock worth $1,575,000 after buying an additional 508 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Packaging Corporation of America by 201.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 202,886 shares of the industrial products company’s stock valued at $41,842,000 after acquiring an additional 135,650 shares during the last quarter. Compound Planning Inc. lifted its stake in Packaging Corporation of America by 48.3% in the fourth quarter. Compound Planning Inc. now owns 2,556 shares of the industrial products company’s stock valued at $527,000 after acquiring an additional 833 shares during the last quarter. Invesco Ltd. grew its position in shares of Packaging Corporation of America by 7.1% in the 4th quarter. Invesco Ltd. now owns 1,079,532 shares of the industrial products company’s stock valued at $222,632,000 after acquiring an additional 71,373 shares during the period. Finally, Corient Private Wealth LLC grew its position in shares of Packaging Corporation of America by 35.6% in the 4th quarter. Corient Private Wealth LLC now owns 113,444 shares of the industrial products company’s stock valued at $23,396,000 after acquiring an additional 29,771 shares during the period. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History for Packaging Corporation of America (NYSE:PKG)

Receive News & Ratings for Packaging Corporation of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Packaging Corporation of America and related companies with MarketBeat.com's FREE daily email newsletter.