Packaging Corporation of America (PKG) Expected to Post Quarterly Earnings on Wednesday

Packaging Corporation of America (NYSE:PKG) is projected to announce its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to post earnings of $2.93 per share and revenue of $2.61 billion for the quarter. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. Investors may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 9:00 AM ET.

Packaging Corporation of America (NYSE:PKG) last posted its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.04. The company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. Packaging Corporation of America’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the company posted $2.48 earnings per share. On average, analysts expect Packaging Corporation of America to post $10.45 EPS for the current fiscal year and $13.52 EPS for the next fiscal year.

Packaging Corporation of America Stock Performance

Shares of NYSE PKG opened at $235.92 on Monday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94. The company has a market cap of $21.02 billion, a P/E ratio of 30.64, a P/E/G ratio of 2.03 and a beta of 0.75. The firm’s fifty day moving average is $238.41 and its two-hundred day moving average is $229.87. Packaging Corporation of America has a 52-week low of $191.50 and a 52-week high of $259.98.

Packaging Corporation of America Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th were given a dividend of $1.50 per share. The ex-dividend date was Tuesday, September 15th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.5%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 77.92%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on PKG. Citigroup reduced their target price on Packaging Corporation of America from $254.00 to $253.00 and set a “neutral” rating on the stock in a report on Friday, October 2nd. Truist Financial increased their price target on Packaging Corporation of America from $270.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, October 12th. Wells Fargo & Company dropped their price target on Packaging Corporation of America from $246.00 to $245.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 7th. JPMorgan Chase & Co. raised their price target on Packaging Corporation of America from $312.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday, September 23rd. Finally, Bank of America reduced their price objective on Packaging Corporation of America from $280.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $271.86.

Insiders Place Their Bets

In other Packaging Corporation of America news, VP Donald R. Shirley sold 12,000 shares of Packaging Corporation of America stock in a transaction 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 directly owned 19,110 shares of the company’s stock, valued at $4,791,068.10. This trade represents a 38.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, President Thomas A. Hassfurther sold 7,063 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,794,002.00. Following the completion of the sale, the president owned 202,891 shares in the company, valued at approximately $51,534,314. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 40,391 shares of company stock worth $10,196,101. 1.60% of the stock is owned by insiders.

About Packaging Corporation of America

Packaging Corporation of America (NYSE:PKG) is a manufacturer of corrugated packaging and containerboard products serving businesses primarily in the United States. Its products include shipping boxes, retail packaging, displays, protective packaging and specialty corrugated solutions used to transport and present a broad range of consumer and industrial goods.

The company also produces uncoated freesheet paper and related paper products for commercial printing, office use, publishing, converting and other applications.