Packaging Corporation of America (PKG) to Release Earnings on Wednesday

Packaging Corporation of America (NYSE:PKG) is expected to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to announce earnings of $2.31 per share and revenue of $2.4927 billion for the quarter. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 9:00 AM ET.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.23. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.The business’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the firm posted $2.31 earnings per share. On average, analysts expect Packaging Corporation of America to post $10 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Packaging Corporation of America Trading Down 2.0%

Packaging Corporation of America stock opened at $228.46 on Tuesday. The business has a 50-day simple moving average of $225.98 and a two-hundred day simple moving average of $222.02. The company has a market cap of $20.36 billion, a P/E ratio of 27.79, a P/E/G ratio of 2.17 and a beta of 0.80. Packaging Corporation of America has a 52-week low of $189.03 and a 52-week high of $249.51. The company has a quick ratio of 1.88, a current ratio of 3.07 and a debt-to-equity ratio of 0.87.

Packaging Corporation of America Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 2.6%. This is a positive change from Packaging Corporation of America’s previous quarterly dividend of $1.25. The ex-dividend date was Monday, June 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 72.99%.

Insider Buying and Selling at Packaging Corporation of America

In related news, CEO Mark W. Kowlzan sold 9,266 shares of Packaging Corporation of America stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the transaction, the chief executive officer owned 473,610 shares in the company, valued at approximately $102,811,258.80. The trade was a 1.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Packaging Corporation of America

Institutional investors and hedge funds have recently bought and sold shares of the business. DV Equities LLC bought a new position in shares of Packaging Corporation of America in the fourth quarter worth about $26,000. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in Packaging Corporation of America by 94.1% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 80 shares during the period. Geneos Wealth Management Inc. raised its stake in Packaging Corporation of America by 40.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 57 shares during the period. Advisory Services Network LLC bought a new stake in Packaging Corporation of America during the 3rd quarter valued at approximately $61,000. Finally, State of Wyoming boosted its stake in Packaging Corporation of America by 58.1% in the 4th quarter. State of Wyoming now owns 294 shares of the industrial products company’s stock worth $61,000 after purchasing an additional 108 shares during the period. 89.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

PKG has been the subject of a number of research reports. Citigroup upped their target price on shares of Packaging Corporation of America from $229.00 to $241.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft raised shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and boosted their price objective for the company from $225.00 to $256.00 in a research report on Monday, May 4th. Wells Fargo & Company restated an “equal weight” rating and issued a $246.00 price objective (up from $245.00) on shares of Packaging Corporation of America in a research note on Thursday, July 9th. UBS Group raised Packaging Corporation of America from a “neutral” rating to a “buy” rating and raised their target price for the stock from $232.00 to $248.00 in a report on Wednesday, May 20th. Finally, Bank of America lifted their target price on Packaging Corporation of America from $242.00 to $263.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Packaging Corporation of America has an average rating of “Moderate Buy” and an average price target of $256.14.

Packaging Corporation of America Company Profile

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.