Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication-based papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
IPO Year: 2000
Exchange: NYSE
Website: packagingcorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2024 | $215.00 → $280.00 | Hold → Buy | Jefferies |
| 4/24/2024 | $187.00 → $191.00 | Equal Weight → Overweight | Wells Fargo |
| 4/12/2024 | $182.00 | Outperform → Neutral | Exane BNP Paribas |
| 3/4/2024 | $172.00 → $202.00 | Neutral → Buy | BofA Securities |
| 1/29/2024 | Buy → Neutral | Seaport Research Partners | |
| 1/8/2024 | Outperform | Exane BNP Paribas | |
| 9/27/2023 | $105.00 → $142.00 | Underperform → Hold | Jefferies |
| 12/15/2022 | $146.00 → $139.00 | Buy → Neutral | BofA Securities |
| 10/18/2022 | $144.00 → $104.00 | Hold → Sell | Deutsche Bank |
| 9/16/2022 | $130.00 → $112.00 | Hold → Underperform | Jefferies |
4 - PACKAGING CORP OF AMERICA (0000075677) (Issuer)
Packaging Corporation of America's (NYSE:PKG) Chief Executive Officer, Mark Kowlzan, will speak at Bank of America Securities' 2025 Global Agriculture and Materials Conference. The conference is being held at The Conrad Fort Lauderdale Beach in Fort Lauderdale, FL on Thursday, February 27, 2025. After Mr. Kowlzan's presentation he, and Executive Vice President and CFO Robert Mundy, will participate in a Fireside Chat Q&A session. Immediately following, they will be hosting a series of 1 x 1 meetings. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight mills and 86 corrugated products plants an
Packaging Corporation of America (NYSE:PKG) today reported fourth quarter 2024 net income of $221 million, or $2.45 per share, and net income of $222 million, or $2.47 per share, excluding special items. Fourth quarter net sales were $2.1 billion in 2024 and $1.9 billion in 2023. Full year 2024 net income was $805 million, or $8.93 per share, and net income of $814 million, or $9.04 per share, excluding special items. Full year net sales were $8.4 billion in 2024 and $7.8 billion in 2023. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended Full Year Ended
Packaging Corporation of America (NYSE:PKG) will hold a conference call on Wednesday, January 29, 2025 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2024 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Tuesday, January 28, 2025. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10195036/fe19693604. Once you have registered, you will receive your dial-in number. When dialing in the day of the call, please ask to join the Packaging Corporation of America earnings call. If you prefer not to pre-register, yo
Packaging Corporation of America (NYSE:PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of December 20, 2024 with a payment date of January 15, 2025. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA's Board of Directors. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 86 corrugated products plants and related facilities. View source
Packaging Corporation of America (NYSE:PKG) today reported third quarter 2024 net income of $238 million, or $2.64 per share, and net income of $239 million, or $2.65 per share, excluding special items. Third quarter net sales were $2.2 billion in 2024 and $1.9 billion in 2023. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended September 30 2024 2023 Change Reported Diluted EPS $ 2.64 $ 2.03 $ 0.61 Special Items Expense 0.01 0.02 (0.01) Diluted EPS excluding Special items (1) $ 2.65 $ 2.05 $ 0.60
Packaging Corporation of America (NYSE:PKG) will hold a conference call on Wednesday, October 23, 2024 at 9:00 a.m. Eastern Time to discuss third quarter 2024 results. The conference call leader will be Mark Kowlzan. Third quarter earnings results will be released after the market closes on Tuesday, October 22, 2024. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10184918/fb352f9a34. Once you have registered, you will receive your dial-in number. When dialing in the day of the call, please ask to join the Packaging Corporation of America earnings call. If you prefer not to pre-register, you may dial in the day of the cal
Packaging Corporation of America (NYSE:PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of September 16, 2024 with a payment date of October 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA's Board of Directors. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 86 corrugated products plants and related facilities. View sourc
Packaging Corporation of America (NYSE:PKG) today reported second quarter 2024 net income of $199 million, or $2.21 per share, and net income of $199 million, or $2.20 per share, excluding special items. Second quarter net sales were $2.1 billion in 2024 and $2.0 billion in 2023. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended June 30 2024 2023 Change Reported Diluted EPS (1) $ 2.21 $ 2.24 $ (0.04) Special
Packaging Corporation of America (NYSE:PKG) will hold a conference call on Wednesday, July 24, 2024 at 9:00 a.m. Eastern Time to discuss second quarter 2024 results. The conference call leader will be Mark Kowlzan. Second quarter earnings results will be released after the market closes on Tuesday, July 23, 2024. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10184912/fb348a7e90. Once you have registered, you will receive your dial-in number. When dialing in the day of the call, please ask to join the Packaging Corporation of America earnings call. If you prefer not to pre-register, you may dial in the day of the call
Packaging Corporation of America (NYSE:PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of June 14, 2024 with a payment date of July 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA's Board of Directors. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 86 corrugated products plants and related facilities. View source versio
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Jefferies upgraded Packaging Corp from Hold to Buy and set a new price target of $280.00 from $215.00 previously
Wells Fargo upgraded Packaging Corp from Equal Weight to Overweight and set a new price target of $191.00 from $187.00 previously
Exane BNP Paribas downgraded Packaging Corp from Outperform to Neutral and set a new price target of $182.00
BofA Securities upgraded Packaging Corp from Neutral to Buy and set a new price target of $202.00 from $172.00 previously
Seaport Research Partners downgraded Packaging Corp from Buy to Neutral
Exane BNP Paribas resumed coverage of Packaging Corp with a rating of Outperform
Jefferies upgraded Packaging Corp from Underperform to Hold and set a new price target of $142.00 from $105.00 previously
BofA Securities downgraded Packaging Corp from Buy to Neutral and set a new price target of $139.00 from $146.00 previously
Deutsche Bank downgraded Packaging Corp from Hold to Sell and set a new price target of $104.00 from $144.00 previously
Jefferies downgraded Packaging Corp from Hold to Underperform and set a new price target of $112.00 from $130.00 previously
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4 - PACKAGING CORP OF AMERICA (0000075677) (Issuer)
Packaging Corporation of America (NYSE:PKG) today reported fourth quarter 2024 net income of $221 million, or $2.45 per share, and net income of $222 million, or $2.47 per share, excluding special items. Fourth quarter net sales were $2.1 billion in 2024 and $1.9 billion in 2023. Full year 2024 net income was $805 million, or $8.93 per share, and net income of $814 million, or $9.04 per share, excluding special items. Full year net sales were $8.4 billion in 2024 and $7.8 billion in 2023. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended Full Year Ended
Packaging Corporation of America (NYSE:PKG) will hold a conference call on Wednesday, January 29, 2025 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2024 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Tuesday, January 28, 2025. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10195036/fe19693604. Once you have registered, you will receive your dial-in number. When dialing in the day of the call, please ask to join the Packaging Corporation of America earnings call. If you prefer not to pre-register, yo
Packaging Corporation of America (NYSE:PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of December 20, 2024 with a payment date of January 15, 2025. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA's Board of Directors. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 86 corrugated products plants and related facilities. View source
Packaging Corporation of America (NYSE:PKG) today reported third quarter 2024 net income of $238 million, or $2.64 per share, and net income of $239 million, or $2.65 per share, excluding special items. Third quarter net sales were $2.2 billion in 2024 and $1.9 billion in 2023. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended September 30 2024 2023 Change Reported Diluted EPS $ 2.64 $ 2.03 $ 0.61 Special Items Expense 0.01 0.02 (0.01) Diluted EPS excluding Special items (1) $ 2.65 $ 2.05 $ 0.60
Packaging Corporation of America (NYSE:PKG) will hold a conference call on Wednesday, October 23, 2024 at 9:00 a.m. Eastern Time to discuss third quarter 2024 results. The conference call leader will be Mark Kowlzan. Third quarter earnings results will be released after the market closes on Tuesday, October 22, 2024. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10184918/fb352f9a34. Once you have registered, you will receive your dial-in number. When dialing in the day of the call, please ask to join the Packaging Corporation of America earnings call. If you prefer not to pre-register, you may dial in the day of the cal
Packaging Corporation of America (NYSE:PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of September 16, 2024 with a payment date of October 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA's Board of Directors. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 86 corrugated products plants and related facilities. View sourc
Packaging Corporation of America (NYSE:PKG) today reported second quarter 2024 net income of $199 million, or $2.21 per share, and net income of $199 million, or $2.20 per share, excluding special items. Second quarter net sales were $2.1 billion in 2024 and $2.0 billion in 2023. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended June 30 2024 2023 Change Reported Diluted EPS (1) $ 2.21 $ 2.24 $ (0.04) Special
Packaging Corporation of America (NYSE:PKG) will hold a conference call on Wednesday, July 24, 2024 at 9:00 a.m. Eastern Time to discuss second quarter 2024 results. The conference call leader will be Mark Kowlzan. Second quarter earnings results will be released after the market closes on Tuesday, July 23, 2024. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10184912/fb348a7e90. Once you have registered, you will receive your dial-in number. When dialing in the day of the call, please ask to join the Packaging Corporation of America earnings call. If you prefer not to pre-register, you may dial in the day of the call
Packaging Corporation of America (NYSE:PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of June 14, 2024 with a payment date of July 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA's Board of Directors. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 86 corrugated products plants and related facilities. View source versio
Packaging Corporation of America (NYSE:PKG) today reported first quarter 2024 net income of $147 million, or $1.63 per share, and net income of $155 million, or $1.72 per share, excluding special items. First quarter net sales were $2.0 billion in 2024 and 2023. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended March 31 2024 2023 Change Reported Diluted EPS $ 1.63 $ 2.11 $ (0.48 ) Special Items Expense (1) 0.09 0.09
10-Q - PACKAGING CORP OF AMERICA (0000075677) (Filer)
10-Q - PACKAGING CORP OF AMERICA (0000075677) (Filer)
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11-K - PACKAGING CORP OF AMERICA (0000075677) (Filer)
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10-Q - PACKAGING CORP OF AMERICA (0000075677) (Filer)
8-K - PACKAGING CORP OF AMERICA (0000075677) (Filer)
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