• Packaging & Containers
  • Consumer Cyclical
Packaging Corporation of America logo
Packaging Corporation of America
PKG · US · NYSE
194.07
USD
-2.7
(1.39%)
Company Overview

1955 W FIELD CT,LAKE FOREST IL 60045,8474823000

CEO

Mr. Mark W. Kowlzan

Employess

14900

Sector

Consumer Cyclical

Industry

Packaging & Containers

Website

https://www.packagingcorp.com

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

Next Earnings Date

Oct. 28, 2024

Ex Dividends date

Jul. 15, 2024

Dividend Date

June 14, 2024

YTD Performance

18.40%

Fiscal Year End

12-31

IPO Date

2000-01-28

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 7.85% 2.15% 5.43% -7.97%
EPS 6.43% 1.57% 20.58% -23.04%
Equity 11.41% 8.39% 7.18% 9.00%
Cash 13.00% 12.38% -12.72% 102.50%
Return On Capital (ROIC) 11.35% 9.36% 11.22% 12.12%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 480 74.1 68.8 70.5 64.1
Long Term Debt 2,470 2,720 2,660 2,670 2,670
LT Finance Leases 221 320 261 258 258
Shares Outstanding 89.1 92.3 94.1 94.1 93.8
Market Cap 14,500 11,800 12,800 13,000 10,500
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Top 5 Low-Beta High-Yielding Stocks to Shield Your Portfolio
2 months

We have narrowed our search to five low-beta (beta >0

zacks.com
Packaging Corporation of America (PKG) Q2 2024 Earnings Call Transcript
2 months

Packaging Corporation of America (NYSE:PKG ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman & Chief Executive Officer Tom Hassfurther - Executive Vice President, Corrugated Products Bob Mundy - Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Mike Roxland - Truist Mark Weintraub - Seaport Research Partners Anthony Pettinari - Citi Gabe Hajde - Wells Fargo Philip Ng - Jefferies Charlie Muir-Sands - BNP Paribas Operator Good morning. Thank you for joining Packaging Corporation of America's Second Quarter 2024 Earnings Results Conference Call.

seekingalpha.com
Packaging Corp (PKG) Q2 Earnings Top Estimates on High Volumes
2 months

Packaging Corp's (PKG) Q2 top line reflects the impacts of higher volume in both segments, partially offset by a lower price and mix.

zacks.com
What Makes Packaging Corp. (PKG) a Strong Momentum Stock: Buy Now?
2 months

Does Packaging Corp. (PKG) have what it takes to be a top stock pick for momentum investors? Let's find out.

zacks.com
Here's What Key Metrics Tell Us About Packaging Corp. (PKG) Q2 Earnings
2 months

Although the revenue and EPS for Packaging Corp. (PKG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

zacks.com
Packaging Corp. (PKG) Q2 Earnings and Revenues Beat Estimates
2 months

Packaging Corp. (PKG) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.31 per share a year ago.

zacks.com
What's in Store for These 5 Industrial Stocks in Q2: Beat or Miss?
2 months

Here is a preview of how five major industrial product stocks, DOV, AVY, PKG, PNR and AOS, are expected to fare in their Q2 results slated to be released this week.

zacks.com
Why Packaging Corp. (PKG) Could Beat Earnings Estimates Again
2 months

Packaging Corp. (PKG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

zacks.com
What's in Store for Packaging Corp (PKG) in Q2 Earnings?
2 months

Packaging Corp's (PKG) second-quarter 2024 results are likely to reflect the impacts of lower prices in both segments, offset by stable packaging demand.

zacks.com
Packaging Corp. (PKG) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
2 months

Packaging Corp. (PKG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com
Earnings Season: 3 Stocks that Could Positively Surprise
2 months

When combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average.

zacks.com
ParcelPal Provides Update on Status of MCTO
3 months

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2024) - ParcelPal Logistics Inc. (OTC Pink: PTNYF) (CSE: PKG) (FSE: PT0) (the "Company" or "ParcelPal") is providing an update on the status of a management cease trade order (the " MCTO ") application that was announced on April 16, 2024 (the " Announcement ") with its principal regulator, the British Columbia Securities Commission, who issued the MCTO on May 1, 2024. The Company applied for the MCTO in order to secure additional time for the Company to file its audited annual financial statements and the related management's discussion and analysis for the fiscal year ended December 31, 2023, (the " Annual Filings "), which were originally due on April 29, 2024.

newsfilecorp.com