Zacks Research Has Positive Forecast for PKG Q4 Earnings

Packaging Corporation of America (NYSE:PKG) – Equities research analysts at Zacks Research boosted their Q4 2026 earnings per share (EPS) estimates for Packaging Corporation of America in a report issued on Thursday, September 10th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.76 per share for the quarter, up from their prior forecast of $2.75. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.48 per share. Zacks Research also issued estimates for Packaging Corporation of America’s Q2 2027 earnings at $2.98 EPS, Q3 2027 earnings at $3.36 EPS, Q4 2027 earnings at $3.24 EPS, FY2027 earnings at $12.46 EPS, Q1 2028 earnings at $3.24 EPS and FY2028 earnings at $14.60 EPS.

Other equities analysts also recently issued research reports about the company. UBS Group raised their target price on Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Truist Financial boosted their price target on Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Bank of America increased their price objective on Packaging Corporation of America from $242.00 to $263.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Weiss Ratings upgraded Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 25th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Packaging Corporation of America Stock Up 2.5%

PKG opened at $232.92 on Friday. Packaging Corporation of America has a twelve month low of $191.50 and a twelve month high of $259.98. The company has a quick ratio of 1.86, a current ratio of 2.94 and a debt-to-equity ratio of 0.85. The company has a 50-day moving average price of $241.82 and a 200 day moving average price of $227.43. The company has a market cap of $20.75 billion, a PE ratio of 30.25, a price-to-earnings-growth ratio of 2.31 and a beta of 0.78.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.04. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. The business had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same period last year, the firm posted $2.48 earnings per share. The company’s revenue was up 14.7% compared to the same quarter last year. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS.

Packaging Corporation of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $6.00 annualized dividend and a yield of 2.6%. Packaging Corporation of America’s dividend payout ratio (DPR) is 77.92%.

Insider Buying and Selling at Packaging Corporation of America

In other Packaging Corporation of America news, President Thomas Hassfurther sold 7,063 shares of Packaging Corporation of America stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,794,002.00. Following the sale, the president owned 202,891 shares in the company, valued at $51,534,314. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Donald Shirley sold 12,000 shares of the company’s 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 in the company, valued at approximately $4,791,068.10. This trade represents a 38.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 40,391 shares of company stock valued at $10,196,101. 1.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new position in Packaging Corporation of America during the second quarter worth about $1,001,000. PNC Financial Services Group Inc. lifted its position in shares of Packaging Corporation of America by 7.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 73,669 shares of the industrial products company’s stock valued at $15,634,000 after acquiring an additional 5,355 shares during the period. Heartland Advisors Inc. lifted its position in shares of Packaging Corporation of America by 47.6% during the 4th quarter. Heartland Advisors Inc. now owns 39,145 shares of the industrial products company’s stock valued at $8,073,000 after acquiring an additional 12,621 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of Packaging Corporation of America by 29.4% during the 2nd quarter. Benjamin Edwards Inc. now owns 50,737 shares of the industrial products company’s stock worth $12,092,000 after acquiring an additional 11,540 shares in the last quarter. Finally, Adams Natural Resources Fund Inc. boosted its stake in shares of Packaging Corporation of America by 71.6% during the 1st quarter. Adams Natural Resources Fund Inc. now owns 12,700 shares of the industrial products company’s stock worth $2,695,000 after acquiring an additional 5,300 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

About Packaging Corporation of America

Packaging Corporation of America (NYSE: PKG) manufactures and sells containerboard and corrugated packaging products. Its offerings include shipping boxes, retail displays, protective packaging and other custom-designed packaging solutions used by businesses in a range of industries.

The company also produces uncoated paper products, including communication papers, office papers and specialty papers. PCA serves customers primarily across the United States and operates a network of paper mills, corrugated products plants, design centers and related facilities.

Packaging Corporation of America was established in 1999 following the acquisition of Tenneco Packaging by an investor group and its subsequent separation from Tenneco Inc Mark W.