Packaging Co. of America (PKG) Expected to Announce Earnings on Tuesday

Packaging Co. of America (NYSE:PKG) will likely be announcing its earnings results after the market closes on Tuesday, April 22nd. Analysts expect the company to announce earnings of $2.22 per share and revenue of $2.12 billion for the quarter. Packaging Co. of America has set its Q1 2025 guidance at 2.210-2.210 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Packaging Co. of America (NYSE:PKG) last released its earnings results on Tuesday, January 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.51 by ($0.04). Packaging Co. of America had a net margin of 9.60% and a return on equity of 19.67%. On average, analysts expect Packaging Co. of America to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Packaging Co. of America Price Performance

Shares of NYSE PKG opened at $187.07 on Monday. The stock has a fifty day moving average price of $198.57 and a 200 day moving average price of $219.18. Packaging Co. of America has a 1-year low of $169.00 and a 1-year high of $250.82. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.95 and a quick ratio of 1.98. The company has a market cap of $16.82 billion, a PE ratio of 20.95, a P/E/G ratio of 2.41 and a beta of 0.84.

Packaging Co. of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Friday, March 14th. Packaging Co. of America’s dividend payout ratio (DPR) is presently 55.99%.

Analyst Upgrades and Downgrades

PKG has been the subject of a number of recent analyst reports. Truist Financial restated a “buy” rating and issued a $265.00 price objective (down previously from $282.00) on shares of Packaging Co. of America in a research report on Thursday, January 30th. Wells Fargo & Company decreased their price target on Packaging Co. of America from $236.00 to $209.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Citigroup increased their price objective on Packaging Co. of America from $232.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. StockNews.com downgraded Packaging Co. of America from a “buy” rating to a “hold” rating in a report on Sunday, April 6th. Finally, Seaport Res Ptn raised shares of Packaging Co. of America from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Packaging Co. of America currently has a consensus rating of “Moderate Buy” and a consensus price target of $237.80.

Packaging Co. of America Company Profile

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.