Zacks Research Issues Pessimistic Outlook for PKG Earnings

Packaging Corporation of America (NYSE:PKG) – Equities researchers at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for Packaging Corporation of America in a research report issued to clients and investors on Tuesday, February 10th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $10.80 per share for the year, down from their prior forecast of $11.14. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.44 per share. Zacks Research also issued estimates for Packaging Corporation of America’s Q4 2026 earnings at $2.79 EPS, Q4 2027 earnings at $3.17 EPS and FY2028 earnings at $14.49 EPS.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 EPS for the quarter, missing the consensus estimate of $2.41 by ($0.09). The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.43 billion. Packaging Corporation of America had a return on equity of 19.18% and a net margin of 8.61%.The business’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS.

Other research analysts have also issued research reports about the stock. UBS Group lifted their price target on shares of Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Wells Fargo & Company upped their price objective on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Citigroup boosted their price target on Packaging Corporation of America from $226.00 to $227.00 and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Truist Financial lowered their price objective on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. Finally, Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $236.00.

Packaging Corporation of America Stock Performance

Shares of NYSE PKG opened at $241.56 on Wednesday. The stock has a market capitalization of $21.74 billion, a P/E ratio of 28.19, a P/E/G ratio of 1.83 and a beta of 0.88. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $241.92. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84. The firm’s 50-day moving average price is $213.88 and its two-hundred day moving average price is $208.48.

Packaging Corporation of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 15th were paid a dividend of $1.25 per share. The ex-dividend date was Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.1%. Packaging Corporation of America’s dividend payout ratio is currently 58.34%.

Insider Activity

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 12,129 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $230.50, for a total value of $2,795,734.50. Following the transaction, the president directly owned 197,062 shares in the company, valued at $45,422,791. The trade was a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Packaging Corporation of America

A number of institutional investors have recently made changes to their positions in PKG. Norges Bank bought a new stake in Packaging Corporation of America in the second quarter valued at $225,478,000. Millennium Management LLC boosted its position in Packaging Corporation of America by 223.6% during the third quarter. Millennium Management LLC now owns 1,516,562 shares of the industrial products company’s stock worth $330,504,000 after purchasing an additional 1,047,902 shares during the period. Bank of New York Mellon Corp boosted its stake in Packaging Corporation of America by 119.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,863,359 shares of the industrial products company’s stock worth $406,082,000 after purchasing an additional 1,015,894 shares during the period. American Century Companies Inc. increased its holdings in shares of Packaging Corporation of America by 70.6% in the second quarter. American Century Companies Inc. now owns 1,860,113 shares of the industrial products company’s stock worth $350,539,000 after purchasing an additional 769,806 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Packaging Corporation of America by 13.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,085,196 shares of the industrial products company’s stock worth $672,357,000 after buying an additional 370,573 shares during the last quarter. Institutional investors own 89.78% of the company’s stock.

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.