Packaging Corporation of America (NYSE:PKG) Updates Q1 2026 Earnings Guidance

Packaging Corporation of America (NYSE:PKG) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.200-2.20 for the period, compared to the consensus estimate of 2.340. The company issued revenue guidance of -.

Packaging Corporation of America Stock Up 0.7%

Packaging Corporation of America stock opened at $223.28 on Wednesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16. The company has a 50-day simple moving average of $207.82 and a 200-day simple moving average of $206.66. The firm has a market capitalization of $20.09 billion, a P/E ratio of 22.58, a P/E/G ratio of 1.66 and a beta of 0.88. Packaging Corporation of America has a one year low of $172.71 and a one year high of $239.66.

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). Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter in the previous year, the business posted $2.47 EPS. Packaging Corporation of America’s revenue for the quarter was up 10.1% compared to the same quarter last year. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, equities analysts expect that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 15th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.00 annualized dividend and a yield of 2.2%. Packaging Corporation of America’s dividend payout ratio is currently 50.56%.

Analysts Set New Price Targets

Several research analysts have commented on PKG shares. Citigroup decreased their target price on shares of Packaging Corporation of America from $229.00 to $226.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Zacks Research raised shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Truist Financial boosted their target price on shares of Packaging Corporation of America from $263.00 to $273.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, UBS Group increased 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. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $236.17.

Hedge Funds Weigh In On Packaging Corporation of America

A number of hedge funds and other institutional investors have recently made changes to their positions in PKG. Geneos Wealth Management Inc. raised its stake in Packaging Corporation of America by 40.4% during the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 57 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Packaging Corporation of America in the 3rd quarter worth about $61,000. Brown Brothers Harriman & Co. increased its position in shares of Packaging Corporation of America by 61.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 893 shares of the industrial products company’s stock worth $195,000 after purchasing an additional 340 shares in the last quarter. Certuity LLC bought a new position in Packaging Corporation of America during the 3rd quarter valued at about $201,000. Finally, Safeguard Investment Advisory Group LLC acquired a new position in Packaging Corporation of America in the third quarter valued at about $218,000. 89.78% of the stock is owned by institutional investors.

About Packaging Corporation of America

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.