Packaging Corp of America
About: Packaging Corp. of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4.5 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. PCA differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Employees: 14,900
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more call options, than puts
Call options by funds: $50.6M | Put options by funds: $25.2M
50% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 76
40% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]
15% more capital invested
Capital invested by funds: $14.9B [Q2] → $17.2B (+$2.27B) [Q3]
5% more funds holding
Funds holding: 759 [Q2] → 797 (+38) [Q3]
0% less repeat investments, than reductions
Existing positions increased: 276 | Existing positions reduced: 277
1.85% less ownership
Funds ownership: 90.8% [Q2] → 88.95% (-1.85%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$221
3%
downside
Avg. target
$252
10%
upside
High target
$280
23%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Jefferies Philip Ng 47% 1-year accuracy 9 / 19 met price target | 23%upside $280 | Buy Upgraded | 18 Dec 2024 |
Truist Securities Michael Roxland 55% 1-year accuracy 24 / 44 met price target | 11%upside $252 | Buy Reiterated | 24 Oct 2024 |
Wells Fargo Gabe Hajde 56% 1-year accuracy 31 / 55 met price target | 11%upside $253 | Overweight Maintained | 24 Oct 2024 |
Citigroup Anthony Pettinari 58% 1-year accuracy 29 / 50 met price target | 3%downside $221 | Neutral Maintained | 2 Oct 2024 |
Financial journalist opinion
Based on 11 articles about PKG published over the past 30 days
Negative
Zacks Investment Research
1 day ago
Are Industrial Products Stocks Lagging Packaging Corporation of America (PKG) This Year?
Here is how Packaging Corp. (PKG) and Quad/Graphics (QUAD) have performed compared to their sector so far this year.
Positive
Zacks Investment Research
1 day ago
Down -7.27% in 4 Weeks, Here's Why Packaging Corp. (PKG) Looks Ripe for a Turnaround
Packaging Corp. (PKG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Negative
Zacks Investment Research
2 days ago
Packaging Corp. (PKG) Loses -6.1% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Packaging Corp. (PKG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Zacks Investment Research
3 days ago
3 Packaging Stocks Likely to Continue Their Winning Streaks in 2025
Despite a tough backdrop for the packaging industry in 2024, PKG, IP and ATR have shown resilience and have outperformed the S&P 500.
Positive
MarketBeat
4 days ago
3 Dividend Leaders Set for Strong Growth in 2025
Dividend growth stocks are companies with stable cash flow and the ability to increase their distributions annually. They are important for investors because they provide a stable return and leverage for portfolio growth.
Neutral
Business Wire
1 week ago
Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Operating Results
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Wednesday, January 29, 2025 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2024 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Tuesday, January 28, 2025. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sr.
Positive
Zacks Investment Research
1 week ago
Dividend Investing: 5 Must-Have High-Yield S&P 500 Stocks for 2025
Amid inflation, geopolitical risks, and workforce shifts, high-yield dividend stocks like NI, SNA, PKG, CF, and MS provide a defensive investment strategy.
Neutral
Business Wire
1 week ago
Packaging Corporation of America Declares Quarterly Dividend
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of December 20, 2024 with a payment date of January 15, 2025. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA's Board of Directo.
Negative
Benzinga
2 weeks ago
Top 3 Materials Stocks That May Keep You Up At Night This Quarter
As of Nov. 29, 2024, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Positive
Zacks Investment Research
4 weeks ago
Packaging Corp. (PKG) Upgraded to Strong Buy: Here's What You Should Know
Packaging Corp. (PKG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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