PKG - Packaging Corporation of America

NYSE - NYSE Delayed Price. Currency in USD
93.40
-1.92 (-2.01%)
At close: 4:01PM EDT

93.40 0.00 (0.00%)
After hours: 4:25PM EDT

Stock chart is not supported by your current browser
Previous Close95.32
Open95.33
Bid93.63 x 1200
Ask95.14 x 900
Day's Range93.41 - 95.59
52 Week Range77.90 - 119.35
Volume827,360
Avg. Volume809,942
Market Cap8.757B
Beta (3Y Monthly)1.40
PE Ratio (TTM)11.27
EPS (TTM)8.29
Earnings DateJul 23, 2019 - Jul 29, 2019
Forward Dividend & Yield3.16 (3.55%)
Ex-Dividend Date2019-06-13
1y Target Est107.36
Trade prices are not sourced from all markets
  • Markit7 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 positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for PKG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PKG totaled $6.20 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. PKG credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.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.

  • What Makes Packaging Corporation of America (NYSE:PKG) A Great Dividend Stock?
    Simply Wall St.9 days ago

    What Makes Packaging Corporation of America (NYSE:PKG) A Great Dividend Stock?

    Today we'll take a closer look at Packaging Corporation of America (NYSE:PKG) from a dividend investor's perspective...

  • Business Wire12 days ago

    Packaging Corporation of America’s Chief Executive Officer to Speak at Vertical Research Partners’ and BMO’s Conferences in June

    Packaging Corporation of America’s Chief Executive Officer, Mark Kowlzan, will present at Vertical Research Partners’ Global Materials Conference at The Parker NY in New York City on Tuesday, June 18, 2019.

  • Why Is Packaging Corp. (PKG) Down 8% Since Last Earnings Report?
    Zacks24 days ago

    Why Is Packaging Corp. (PKG) Down 8% Since Last Earnings Report?

    Packaging Corp. (PKG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Could ParcelPal Technology Inc.'s (CNSX:PKG) Investor Composition Influence The Stock Price?
    Simply Wall St.25 days ago

    Could ParcelPal Technology Inc.'s (CNSX:PKG) Investor Composition Influence The Stock Price?

    Every investor in ParcelPal Technology Inc. (CNSX:PKG) should be aware of the most powerful shareholder groups...

  • Is It Time To Consider Buying Packaging Corporation of America (NYSE:PKG)?
    Simply Wall St.26 days ago

    Is It Time To Consider Buying Packaging Corporation of America (NYSE:PKG)?

    Packaging Corporation of America (NYSE:PKG), which is in the packaging business, and is based in United States, saw...

  • Packaging Stock Breakdown Offers Short Sale Opportunity
    Investopedia27 days ago

    Packaging Stock Breakdown Offers Short Sale Opportunity

    Sellers moved into packaging stocks Monday, with key names falling below technical support. Explore three short sale trading ideas.

  • Business Wirelast month

    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 June 14, 2019 with a payment date of July 15, 2019.

  • Have Insiders Been Selling Packaging Corporation of America (NYSE:PKG) Shares This Year?
    Simply Wall St.last month

    Have Insiders Been Selling Packaging Corporation of America (NYSE:PKG) Shares This Year?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side...

  • PR Newswirelast month

    ParcelPal Welcomes Ontario MP Ben Lobb to the Advisory Board of Directors

    VANCOUVER, British Columbia, May 3, 2019 /PRNewswire/ -- ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG.CN) (PT0.BE) (PTNYF) is pleased to welcome Ontario MP Ben Lobb as an advisor to the Board of Directors. Ben Lobb is a Member of Parliament for Huron-Bruce, Ontario.

  • Packaging Corp (PKG) Q1 Earnings Beat, Sales Miss Estimates
    Zacks2 months ago

    Packaging Corp (PKG) Q1 Earnings Beat, Sales Miss Estimates

    Packaging Corp (PKG) records improved earnings, aided by higher prices and mix in the Packaging and Paper segments, during the March-end quarter.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of PKG earnings conference call or presentation 25-Apr-19 1:00pm GMT

    Q1 2019 Packaging Corp of America Earnings Call

  • Packaging Corp of America (PKG) Q1 2019 Earnings Call Transcript
    Motley Fool2 months ago

    Packaging Corp of America (PKG) Q1 2019 Earnings Call Transcript

    PKG earnings call for the period ending March 31, 2019.

  • Associated Press2 months ago

    Packaging Corp.: 1Q Earnings Snapshot

    On a per-share basis, the Lake Forest, Illinois-based company said it had profit of $1.97. Earnings, adjusted for non-recurring costs, came to $1.98 per share. The results exceeded Wall Street expectations. ...

  • Business Wire2 months ago

    Packaging Corporation of America Reports First Quarter 2019 Results

    Packaging Corporation of America today reported first quarter 2019 net income of $187 million, or $1.97 per share and $1.98 per share excluding special items. First quarter net sales were $1.73 billion in 2019 and $1.69 billion in 2018.

  • 7 Consumer Stocks to Buy for Income
    InvestorPlace2 months ago

    7 Consumer Stocks to Buy for Income

    [Editor's note: This story was previously published in January 2019 It has since been updated and republished.]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 10 years of age, getting a bit long in the tooth.In an environment where trade wars and the fears of an old-fashioned recession have the potential to 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.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 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. 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 is 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 2.9% is solid, and Procter & Gamble has upped its payout for 63 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 5.6% and 10.2%, respectively, next year -- pretty good for the smoking industry -- and better still, the dividend yield is an impressive 5.4%. 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 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 swinging in the other direction again, the dividend yield of 2.7% looks like an opportunity. 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 about. * 10 Monster Growth Stocks to Buy for 2019 and Beyond The big selling feature isn't the current yield of 3.2%, 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 12.7 times their past and 12.3 times 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 $73 is still well short of there.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%. Hanesbrands (HBI)Source: Shubert Ciencia Via FlickrHanesbrands (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. * 3 Blue-Chip Stocks That Will Power Through Market Turmoil Regardless of the past, the present and future look healthy enough. HBI shares are only trading at 12.5 times this year's projected profit, and the trailing yield is 3.2%. This well-recognized brand name has too much going for it to ignore at that kind of valuation. Kimberly Clark (KMB)Source: Shutterstock Finally, Kimberly Clark (NYSE:KMB) is surrounded by more than a little bit of doubt. The company has seen a number of upgrades in the past few months, but as a group, analysts consider KMB a "hold" and the consensus target price near $110 is below the stock's current value near $125.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 3.3% 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 7 Consumer Stocks to Buy for Income appeared first on InvestorPlace.

  • Packaging Corp. (PKG) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks2 months ago

    Packaging Corp. (PKG) Reports Next Week: Wall Street Expects Earnings Growth

    Packaging Corp. (PKG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Is Packaging Corporation of America's (NYSE:PKG) Balance Sheet A Threat To Its Future?
    Simply Wall St.2 months ago

    Is Packaging Corporation of America's (NYSE:PKG) Balance Sheet A Threat To Its Future?

    There are a number of reasons that attract investors towards large-cap companies such as Packaging Corporation of America (NYSE:PKG), with a market cap of US$9.7b. Market participants who are conscious of risk tend to search for la...

  • PR Newswire2 months ago

    ParcelPal to Issue Shares for Debt

    VANCOUVER, British Columbia , April 12, 2019 /PRNewswire/ -- ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG: CSE) (FSE: PT0) (OTC: PTNYF) - announces that it has arranged ...

  • PR Newswire2 months ago

    ParcelPal to Launch Cannabis Delivery on April 15th

    VANCOUVER, British Columbia, April 11, 2019 /PRNewswire/ -- ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG.CN) (PKG.CN) (PT0.BE) (PTNYF) – is pleased to announce cannabis deliveries with Kiaro will commence April 15th, in the province of Saskatchewan. Further to the announcement on March 14th, ParcelPal and Kiaro's partnership goes live on April 15th in Saskatoon, Saskatchewan.

  • Were Hedge Funds Right About Flocking Into Packaging Corporation Of America (PKG) ?
    Insider Monkey2 months ago

    Were Hedge Funds Right About Flocking Into Packaging Corporation Of America (PKG) ?

    The government requires hedge funds and wealthy investors that crossed the $100 million equity holdings threshold are required to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the […]

  • GuruFocus.com2 months ago

    Maj Invest Holding A Buys Kohl's Corp, Packaging Corp of America, Sells AT&T Inc

    Investment company Maj Invest Holding A buys Kohl's Corp, Packaging Corp of America, sells AT&T Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Maj ...