What is Zacks Research’s Estimate for PKG Q2 Earnings?

Packaging Corporation of America (NYSE:PKG) – Zacks Research increased their Q2 2026 earnings per share estimates for Packaging Corporation of America in a research note issued on Friday, March 20th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $2.65 for the quarter, up from their prior forecast of $2.60. Zacks Research 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 $2.71 EPS, Q1 2027 earnings at $2.91 EPS, Q4 2027 earnings at $3.13 EPS, FY2027 earnings at $12.45 EPS and FY2028 earnings at $14.31 EPS.

Several other analysts have also commented on the stock. Truist Financial lowered their price objective on shares of Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. UBS Group upped their target price 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. Weiss Ratings cut shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Finally, Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $236.00.

Packaging Corporation of America Trading Up 2.0%

Shares of PKG opened at $213.34 on Monday. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $249.51. The company has a current ratio of 3.17, a quick ratio of 1.94 and a debt-to-equity ratio of 0.86. The firm’s 50-day moving average price is $226.01 and its 200-day moving average price is $213.29. The firm has a market capitalization of $19.03 billion, a price-to-earnings ratio of 24.89, a PEG ratio of 1.62 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The company had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the previous year, the firm posted $2.47 earnings per share. The firm’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.

Packaging Corporation of America Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, March 13th. Packaging Corporation of America’s dividend payout ratio is presently 58.34%.

Insider Activity

In related news, President Thomas A. Hassfurther sold 12,129 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the sale, the president directly owned 197,062 shares of the company’s stock, valued at $45,422,791. This trade represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Packaging Corporation of America

Several hedge funds and other institutional investors have recently bought and sold shares of PKG. Integrated Wealth Concepts LLC lifted its position in Packaging Corporation of America by 73.5% during the first quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock valued at $585,000 after purchasing an additional 1,252 shares during the period. Empowered Funds LLC raised its stake in Packaging Corporation of America by 538.6% during the 1st quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock valued at $1,248,000 after buying an additional 5,316 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Packaging Corporation of America by 40.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after buying an additional 57 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Packaging Corporation of America by 43.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock valued at $334,000 after buying an additional 537 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of Packaging Corporation of America by 9.5% in the 2nd quarter. Cetera Investment Advisers now owns 30,351 shares of the industrial products company’s stock worth $5,720,000 after buying an additional 2,638 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.