Equities Analysts Offer Predictions for PKG FY2026 Earnings

Packaging Corporation of America (NYSE:PKG) – Investment analysts at Zacks Research raised their FY2026 earnings per share estimates for shares of Packaging Corporation of America in a research note issued to investors on Thursday, September 10th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $10.42 per share for the year, up from their previous forecast of $10.40. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.49 per share.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. The firm had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same period in the prior year, the company earned $2.48 EPS. The firm’s revenue was up 14.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS.

Other research analysts also recently issued reports about the company. Wells Fargo & Company restated an “equal weight” rating and set a $246.00 price objective (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. UBS Group increased their target price on Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Truist Financial increased their target price on Packaging Corporation of America from $258.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. raised their price target on Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Finally, Weiss Ratings raised Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $264.14.

Packaging Corporation of America Stock Down 0.9%

PKG stock opened at $231.23 on Monday. The company’s 50 day simple moving average is $241.67 and its 200-day simple moving average is $227.53. The firm has a market capitalization of $20.60 billion, a PE ratio of 30.03, a P/E/G ratio of 2.00 and a beta of 0.78. Packaging Corporation of America has a 12 month low of $191.50 and a 12 month high of $259.98. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.94 and a quick ratio of 1.86.

Packaging Corporation of America Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.50 per share. The ex-dividend date is Tuesday, September 15th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.6%. Packaging Corporation of America’s payout ratio is 77.92%.

Insider Buying and Selling

In other news, VP Donald Shirley sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $250.71, for a total value of $3,008,520.00. Following the completion of the transaction, the vice president owned 19,110 shares of the company’s stock, valued at $4,791,068.10. The trade was a 38.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Thomas Hassfurther sold 12,531 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the transaction, the president directly owned 218,751 shares in the company, valued at $54,687,750. The trade was a 5.42% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 40,391 shares of company stock valued at $10,196,101. Company insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Talon Private Wealth LLC increased its position in shares of Packaging Corporation of America by 21.0% during the second quarter. Talon Private Wealth LLC now owns 11,263 shares of the industrial products company’s stock worth $2,684,000 after acquiring an additional 1,954 shares during the last quarter. National Pension Service lifted its stake in shares of Packaging Corporation of America by 11.1% in the second quarter. National Pension Service now owns 6,305 shares of the industrial products company’s stock worth $1,502,000 after acquiring an additional 631 shares in the last quarter. Cidel Asset Management Inc. purchased a new position in Packaging Corporation of America in the second quarter valued at about $208,000. Summit Financial Strategies Inc. boosted its holdings in Packaging Corporation of America by 7.9% in the second quarter. Summit Financial Strategies Inc. now owns 265,099 shares of the industrial products company’s stock valued at $63,168,000 after purchasing an additional 19,442 shares during the last quarter. Finally, Teamwork Financial Advisors LLC grew its stake in Packaging Corporation of America by 13.5% during the 2nd quarter. Teamwork Financial Advisors LLC now owns 51,926 shares of the industrial products company’s stock valued at $12,373,000 after purchasing an additional 6,170 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Company Profile

Packaging Corporation of America (NYSE: PKG) manufactures and sells containerboard and corrugated packaging products. Its offerings include shipping boxes, retail displays, protective packaging and other custom-designed packaging solutions used by businesses in a range of industries.

The company also produces uncoated paper products, including communication papers, office papers and specialty papers. PCA serves customers primarily across the United States and operates a network of paper mills, corrugated products plants, design centers and related facilities.

Packaging Corporation of America was established in 1999 following the acquisition of Tenneco Packaging by an investor group and its subsequent separation from Tenneco Inc Mark W.