Zacks Research Analysts Decrease Earnings Estimates for PKG

Packaging Corporation of America (NYSE:PKG) – Research analysts at Zacks Research lowered their Q2 2026 EPS estimates for shares of Packaging Corporation of America in a report released on Wednesday, May 6th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $2.33 for the quarter, down from their previous estimate of $2.65. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.84 per share. Zacks Research also issued estimates for Packaging Corporation of America’s Q3 2026 earnings at $3.20 EPS, FY2026 earnings at $10.62 EPS, Q1 2027 earnings at $2.88 EPS and Q4 2027 earnings at $3.23 EPS.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.23. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.20%. The business had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same period last year, the company posted $2.31 EPS. Packaging Corporation of America’s revenue for the quarter was up 10.6% on a year-over-year basis. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS.

Several other research analysts have also weighed in on PKG. Weiss Ratings lowered shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. Wells Fargo & Company reduced their price objective on shares of Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 7th. Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a research note on Thursday, February 26th. JPMorgan Chase & Co. lifted their price objective on shares of Packaging Corporation of America from $225.00 to $246.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, UBS Group lifted their price objective on shares of Packaging Corporation of America from $225.00 to $232.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $234.29.

Packaging Corporation of America Stock Down 1.5%

Packaging Corporation of America stock opened at $223.43 on Friday. The company’s 50 day simple moving average is $215.30 and its 200 day simple moving average is $213.13. Packaging Corporation of America has a fifty-two week low of $178.32 and a fifty-two week high of $249.51. The firm has a market capitalization of $19.89 billion, a price-to-earnings ratio of 27.18, a PEG ratio of 2.04 and a beta of 0.81. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.17 and a quick ratio of 1.94.

Packaging Corporation of America Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, March 13th. Packaging Corporation of America’s dividend payout ratio (DPR) is 60.83%.

Institutional Trading of Packaging Corporation of America

Several hedge funds have recently bought and sold shares of the stock. Amova Asset Management Americas Inc. raised its holdings in Packaging Corporation of America by 5.9% during the 1st quarter. Amova Asset Management Americas Inc. now owns 9,437 shares of the industrial products company’s stock worth $2,003,000 after buying an additional 526 shares during the period. Meeder Advisory Services Inc. raised its holdings in Packaging Corporation of America by 19.9% during the 1st quarter. Meeder Advisory Services Inc. now owns 1,165 shares of the industrial products company’s stock worth $247,000 after buying an additional 193 shares during the period. Dimensional Fund Advisors LP raised its holdings in Packaging Corporation of America by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,296,667 shares of the industrial products company’s stock worth $275,159,000 after buying an additional 32,698 shares during the period. Sound Shore Management Inc. CT acquired a new stake in Packaging Corporation of America during the 1st quarter worth approximately $11,619,000. Finally, Parallel Advisors LLC raised its holdings in Packaging Corporation of America by 15.4% during the 1st quarter. Parallel Advisors LLC now owns 659 shares of the industrial products company’s stock worth $140,000 after buying an additional 88 shares during the period. 89.78% of the stock is currently owned by institutional investors and hedge funds.

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.