PKG - Packaging Corporation of America

NYSE - Nasdaq Real Time Price. Currency in USD
97.25
+2.06 (+2.16%)
As of 2:35PM EDT. Market open.
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Previous Close95.19
Open95.98
Bid97.21 x 800
Ask97.25 x 800
Day's Range96.10 - 97.86
52 Week Range77.90 - 124.70
Volume456,636
Avg. Volume931,127
Market Cap9.117B
Beta (3Y Monthly)1.63
PE Ratio (TTM)12.47
EPS (TTM)7.80
Earnings DateApr 24, 2019
Forward Dividend & Yield3.16 (3.32%)
Ex-Dividend Date2019-03-14
1y Target Est106.55
Trade prices are not sourced from all markets
  • Business Wire5 days ago

    Packaging Corporation of America Schedules Conference Call to Discuss First Quarter 2019 Operating Results

    Packaging Corporation of America will hold a conference call on Thursday, April 25, 2019 at 9:00 a.m. Eastern Time to discuss first quarter 2019 results. The first quarter earnings results will be released after the market closes on Wednesday, April 24, 2019.

  • PR Newswire5 days ago

    ParcelPal Achieves Milestone of Two Million Deliveries

    VANCOUVER, British Columbia, March 21, 2019 /PRNewswire/ -- ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG.CN) (PT0.BE) (PTNYF) – is pleased to announce that the company has achieved a major milestone of completing more than 2 million deliveries. This significant achievement shows the growth and further validation that ParcelPal is well on their way to becoming the most diverse and top on-demand delivery company in Canada and soon the United States. ParcelPal's go forward plan includes continuing to expand their technology, complete more symbiotic join ventures and to push the platform on multiple consumer verticals, while rapidly expanding their service across Canada and the United States. Additionally, the Company is in the final stages of launching medical and recreational cannabis delivery with Choom and Kiaro.

  • Did You Miss Packaging of America’s (NYSE:PKG) 68% Share Price Gain?
    Simply Wall St.9 days ago

    Did You Miss Packaging of America’s (NYSE:PKG) 68% Share Price Gain?

    By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at attractive prices, your portfolio returns could exceed the averageRead More...

  • PR Newswire12 days ago

    ParcelPal Signs Cannabis Distribution Agreement With Kiaro

    VANCOUVER, British Columbia, March 14, 2019 /PRNewswire/ -- ParcelPal Technology Inc., (PKG.CN) (PT0.F) (PTNYF) ("ParcelPal" or the "Company") – is pleased to announce it's signed a cannabis distribution agreement with Kiaro, a Vancouver based cannabis retailer. Further to ParcelPal's cannabis strategy announced on September 13, 2018: (https://www.stockwatch.com/News/Search.aspx?wire=0&symbolchanges=Y&symbol=PKG®ion=C), the Company has completed an additional cannabis distribution agreement with Kiaro for the delivery of cannabis products through Kiaro's physical and digital retail channels.

  • Markit14 days ago

    See what the IHS Markit Score report has to say about Packaging Corp of America.

    Packaging Corp of America NYSE:PKGView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for PKG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PKG. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold PKG had net inflows of $5.16 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. PKG credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Reasons to Hold Packaging Corporation (PKG) at the Moment
    Zacks19 days ago

    Reasons to Hold Packaging Corporation (PKG) at the Moment

    With positive growth projections and long-term opportunities, Packaging Corporation (PKG) is worth retaining in the portfolio at the moment.

  • Who Has Been Buying ParcelPal Technology Inc. (CNSX:PKG) Shares?
    Simply Wall St.21 days ago

    Who Has Been Buying ParcelPal Technology Inc. (CNSX:PKG) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insidersRead More...

  • Read This Before You Buy Packaging Corporation of America (NYSE:PKG) Because Of Its P/E Ratio
    Simply Wall St.23 days ago

    Read This Before You Buy Packaging Corporation of America (NYSE:PKG) Because Of Its P/E Ratio

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll show how Packaging Corporation of America's (NYSE:PKG)Read More...

  • Business Wire26 days ago

    Packaging Corporation of America Declares Quarterly Dividend

    Packaging Corporation of America announced today that its Board approved a regular quarterly dividend of $0.79 per share on its common stock. The quarterly dividend of $0.79 per share will be paid to shareholders of record as of March 15, 2019 with a payment date of April 15, 2019.

  • GuruFocus.com26 days ago

    Packaging Corp of America (PKG) Files 10-K for the Fiscal Year Ended on December 31, 2018

    Packaging Corp of America is a producer of container board and corrugated products in the US. The dividend yield of Packaging Corp of America stocks is 3.12%. Packaging Corp of America had annual average EBITDA growth of 17.40% over the past ten years.

  • Packaging Corporation Bets on E-Commerce Boom, Costs Ail
    Zacks28 days ago

    Packaging Corporation Bets on E-Commerce Boom, Costs Ail

    Continued solid demand will aid Packaging Corporation of America's (PKG) first-quarter 2019 results despite higher costs.

  • Robert Olstein's Top 5 Buys in 4th Quarter
    GuruFocus.comlast month

    Robert Olstein's Top 5 Buys in 4th Quarter

    Top buys include one new position and increased bets in Buffett’s Mastercard and Goldman Sachs

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of PKG earnings conference call or presentation 30-Jan-19 2:00pm GMT

    Q4 2018 Packaging Corp of America Earnings Call

  • What You Need To Know About Packaging Corporation of America’s (NYSE:PKG) Cash Situation
    Simply Wall St.2 months ago

    What You Need To Know About Packaging Corporation of America’s (NYSE:PKG) Cash Situation

    Want to participate in a short research study? Help shape the future of investing tools and receive a $60 prize! Packaging Corporation of America (NYSE:PKG) shareholders, and potential investors, need Read More...

  • GlobeNewswire2 months ago

    New Research Coverage Highlights CNO Financial Group, Packaging Corporation of America, C.H. Robinson Worldwide, Cray, ServiceNow, and Wayfair — Consolidated Revenues, Company Growth, and Expectations for 2019

    NEW YORK, Feb. 01, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Packaging Corp of America (PKG) Q4 2018 Earnings Conference Call Transcript
    Motley Fool2 months ago

    Packaging Corp of America (PKG) Q4 2018 Earnings Conference Call Transcript

    PKG earnings call for the period ending December 31, 2018.

  • Packaging Corporation (PKG) Q4 Earnings Beat, Sales Miss
    Zacks2 months ago

    Packaging Corporation (PKG) Q4 Earnings Beat, Sales Miss

    Packaging Corporation (PKG) records improved earnings, aided by better prices and mix in Packaging and Paper segments.

  • Packaging Corp. (PKG) Q4 Earnings Surpass Estimates
    Zacks2 months ago

    Packaging Corp. (PKG) Q4 Earnings Surpass Estimates

    Packaging Corp. (PKG) delivered earnings and revenue surprises of 0.93% and -1.58%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press2 months ago

    Packaging Corp.: 4Q Earnings Snapshot

    The Lake Forest, Illinois-based company said it had profit of $2.16 per share. Earnings, adjusted for non-recurring costs, came to $2.17 per share. The results topped Wall Street expectations. The average ...

  • Business Wire2 months ago

    Packaging Corporation of America Reports Fourth Quarter and Full Year 2018 Results

    Packaging Corporation of America today reported fourth quarter 2018 net income of $205 million, or $2.16 per share and $2.17 per share excluding special items. Fourth quarter net sales were $1.75 billion in 2018 and $1.68 billion in 2017.

  • 10 Consumer Stocks to Buy for Income
    InvestorPlace2 months ago

    10 Consumer Stocks to Buy for Income

    Is economic growth about to hit a wall and lead us into a period of lackluster results? If that's your concern, you're not alone. This growth cycle and its corresponding bull market are, at ten years of age, getting a bit long in the tooth. In this sort of indecisive environment where rising interest rates, trade wars and the prospect of an old-fashioned recession could turn into trouble, investors tend to reprioritize what the market will reward. Safe consumer stocks move into favor, often at the expense of growth names. Dividend stocks become particularly compelling prospects, with traders seeking out the certainty of reliable cash flow when growth is anything but guaranteed. * 10 Lithium Stocks to Buy Despite the Market's Irrationality To that end, here's a rundown of 10 of the market's top dividend-paying consumer stocks to mull as we wade deeper into murky waters. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Procter & Gamble (PG) Source: Mike Mozart via Flickr (Modified) Some investors mentally wrote Procter & Gamble (NYSE:PG) off years ago, pegging it as a has-been that got too big for its own good, and too stuck in its old ways to compete well in the modern market. And to be fair, in some regards the criticisms were on target. Since CEO David Taylor took the helm in 2015, however, things have been different. P&G has been shedding brands and lines that simply aren't going to bear fruit, and though too slowly for some, the company has reworked its marketing approach to better reflect how most consumers now make purchasing decisions. Although there's more work to be done, the yield of 3.2% is solid, and Procter & Gamble has upped its payout for 62 consecutive years. ### Philip Morris (PM) Source: Shutterstock Last year was a rough one for Philip Morris (NYSE:PM) investors. The stock lost a total of 37% in 2018, mostly in response to tepid sales growth of its relatively new IQOS product, though downgrades all throughout the year certainly played a role in the pullback. The sellers arguably overshot their target though. * The 10 Best Index Funds to Buy and Hold While the global smoking cessation movement continues to gain traction and Philip Morris hasn't been the player it needs to be in the vaping market, this company still owns one of the most recognized and respected brand names in the business. Sales and earnings are projected to improve 2.8% and 5.0%, respectively, this year -- pretty good for the smoking industry -- and better still, the dividend yield is an impressive 6.3%. Its payout has grown every year since 2008. ### Spectrum Brands Holdings (SPB) Source: Shutterstock Spectrum Brands Holdings (NYSE:SPB) likely won't ring a bell with consumers, but the company's brand names will. This is the parent to Remington shaving products, George Foreman grills, Armor All automobile protectant, Tetra fish food and Kwikset door locks, just to name a few. It was a particularly poor performer in 2018, largely driven lower by downgrades and some restructuring that made it tough to get a bead on the company's future. But, Bank of America's Olivia Tong made a good point with her recent upgrade of Spectrum, explaining "SPB's results have been challenged of late, however, headwinds are abating, while the recent sales of SPB Auto Care and Battery provide much better visibility on de-levering the balance sheet." With the sentiment pendulum ready to swing in the other direction again, the dividend yield of 3.1% looks like an opportunity. ### Kraft Heinz (KHC) Source: Mike Mozart via Flickr Kraft Heinz (NASDAQ:KHC) isn't a name that needs much in the way of an introduction. Its namesake macaroni and cheese, ketchup, pickles and salad dressings are familiar to say the least, as are the brand names some investors are surprised to learn are part of the Kraft Heinz family. This company is also the parent of Kool-Aid, Oscar Meyer, Velveeta and CapriSun, just to name a few. Its leading brand names haven't been enough to stave off the pullback from the May-2017 peak near $98 to last month's low of $41.60. But, it's not as if revenue and income have been shrinking. Its growth has been tepid, but still moving forward. * 7 Stupidly Cheap Stocks to Buy Now The end result is a healthy dividend yield of 5.3% … a dividend, by the way, that's grown steadily since 2012, even before the merger of Kraft and Heinz. ### Packaging Corp of America (PKG) Source: Shutterstock When most investors look for consumer stocks to buy, they tend to focus on the manufacturer and brand name and look past the organizations that make those products marketable. Big mistake. That oversight steers investors right past Packaging Corp of America (NYSE:PKG), which makes the boxes and retail displays most shoppers don't give a second thought. The big selling feature isn't the current yield of 3.5%, however, and the fact that the payout hasn't failed to grow at least a little every year going back to 2010. It's the fact that newcomers can step into PKG stock so cheaply. Shares are only trading at 10.8 times their past and forward-looking earnings. ### Tyson Foods (TSN) Source: Shutterstock Tyson Foods (NYSE:TSN) has been putting food on tables since 1931, and although it's much more than just chicken now, its chicken roots are still highly evident. The past year has been a tough one for shareholders, with fears stemming from a tariff war and rising freight costs pulling the stock well off its December 2017 high near $84. Although it has bounced back from December's low, the current price near $60 is still miles away from there. * 3 Blue-Chip Stocks That Will Power Through Market Turmoil A closer look at Tyson's results, however, suggests the only thing to fear was the impact of the rhetoric. Sales were up the typical 3% last year, and although earnings slipped from 2017's $6.16 per share to what will likely be $5.93 per share for 2018, analysts are looking for an earnings rebound to $6.20 per share in 2019. The pullback, in the meantime, has beefed up the yield to a respectable 2.5%. ### Anheuser-Busch Inbev (BUD) Source: Paul Sableman via Flickr Budweiser, Corona and Modelo are just some of the brand names under the Anheuser-Busch Inbev (NYSE:BUD) umbrella. This company is the biggest brewer in the world, sporting 15 different labels and a global presence other beer makers generally don't want to tangle with. Its size hasn't helped the stock much over the course of the past year and a half, with yet-another salvo of downgrades keeping the recent rebound effort in check. After hitting a multi-year low in December, Jefferies lowered its stance on BUD stock to "Underperform" last week, suggesting near-term earnings would come up short of expectations. Around the same time, BofA lowered its price target on Anheuser-Busch Inbev shares from around $69.50 to $65. The downgrades don't reflect the fact that the company can and will respond to pressure as needed though. For example, RBC just upgraded Anheuser-Busch Inbev because it refinanced its debt in a way that makes its debt burden more manageable. In the meantime, newcomers will step into BUD shares at a solid yield of 4.6%. ### Hanesbrands (HBI) Source: Shubert Ciencia Via Flickr Hanesbrands (NYSE:HBI) shares have been a terrible performers since early 2015, peeling back from a peak of around $35 in the middle of that year to a low of less than $12 in December of last year. Nothing the company has done has quelled the stock's bleeding. Don't jump to the wrong conclusion though. Sales have grown rather steadily since 2014, as has operating income. It has not been red-hot growth, nor hyper-consistent but certainly better than the stock's long-term trend suggests. * The 3 Best Telecom Stocks to Buy to Fortify Your Portfolio This Year Regardless of the past, the present and future look healthy enough. HBI shares are only trading at 8.2 times this year's projected profit, and the trailing yield is just above 4%. This well-recognized brand name has too much going for it to ignore at that kind of valuation. ### Avery Dennison (AVY) Source: Shutterstock Avery Dennison (NYSE:AVY) operates in the same space as Packaging Corp of America, but the two aren't head-to-head competitors. Avery Dennison tends to cater to the higher-tech end of the spectrum, providing everything from RFID labels to automotive decals to architectural design materials. Still, demand for its products is tightly linked to consumerism, qualifying it as one of the better dividend-paying consumer stocks to buy. The current yield is a modest 2.2%, but what it lacks in punch it makes up for in growth. The company's payout has improved every year since 2010. The kicker: While the stock is down for the past year, it's still growing on analysts. AVY has been upgraded three times since April, and not downgraded once, and currently sports a collective target price of $114.30. That's more than 18% better than the current price of AVY, which analysts rate as just a bit better than a "Buy." ### Kimberly Clark (KMB) Source: Shutterstock Finally, Kimberly Clark (NYSE:KMB) is surrounded by more than a little bit of doubt headed into Wednesday's earnings report. Some analysts are calling for profit growth, while others expect earnings to shrink. As a group though, analysts don't even fully consider KMB a "Hold," and the consensus target price near $107 is below the stock's current value near $115.5. * 10 High-Growth Stocks for the Return of the Bull Yet, to long-term income-minded investors, that earnings news will have little impact on how well KMB shares will serve them. The current yield of 3.5% is more than respectable, and sales of toilet paper, diapers and paper towels are consistent enough to maintain the company's streak of 46 years' worth of annual dividend increases. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Growth Stocks for the Return of the Bull * The 10 Best Index Funds to Buy and Hold * 10 Lithium Stocks to Buy Despite the Market's Irrationality Compare Brokers The post 10 Consumer Stocks to Buy for Income appeared first on InvestorPlace.

  • Why Packaging Corporation of America (NYSE:PKG) Could Be Your Next Investment
    Simply Wall St.2 months ago

    Why Packaging Corporation of America (NYSE:PKG) Could Be Your Next Investment

    Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Packaging Corporation of America (NYSE:PKG) due to its excellent fundamentals in Read More...