Packaging Corporation of America (PKG) Expected to Post Quarterly Earnings on Wednesday

Packaging Corporation of America (NYSE:PKG) is expected to issue its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to post earnings of $2.93 per share and revenue of $2.61 billion for the quarter. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. Investors can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 9:00 AM ET.

Packaging Corporation of America (NYSE:PKG) last released its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.04. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%. The firm had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same period in the prior year, the firm posted $2.48 earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. On average, analysts expect Packaging Corporation of America to post $10.45 EPS for the current fiscal year and $13.52 EPS for the next fiscal year.

Packaging Corporation of America Trading Up 0.3%

NYSE PKG opened at $236.74 on Tuesday. Packaging Corporation of America has a 12 month low of $191.50 and a 12 month high of $259.98. The company has a current ratio of 2.94, a quick ratio of 1.86 and a debt-to-equity ratio of 0.85. The stock’s fifty day moving average price is $238.06 and its 200-day moving average price is $230.04. The stock has a market cap of $21.09 billion, a P/E ratio of 30.75, a P/E/G ratio of 2.03 and a beta of 0.75.

Packaging Corporation of America Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Tuesday, September 15th were paid a $1.50 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $6.00 dividend on an annualized basis and a yield of 2.5%. Packaging Corporation of America’s payout ratio is presently 77.92%.

Insider Buying and Selling at Packaging Corporation of America

In related news, President Thomas Hassfurther sold 7,063 shares of Packaging Corporation of America stock in a transaction dated 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 completion of the sale, the president directly owned 202,891 shares in the company, valued at approximately $51,534,314. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Donald Shirley sold 12,000 shares of Packaging Corporation of America stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $250.71, for a total value of $3,008,520.00. Following the completion of the sale, the vice president owned 19,110 shares of the company’s stock, valued at $4,791,068.10. The trade was a 38.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 40,391 shares of company stock worth $10,196,101 over the last ninety days. 1.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

PKG has been the topic of a number of analyst reports. Weiss Ratings upgraded shares of Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 25th. Truist Financial raised their price objective on shares of Packaging Corporation of America from $270.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, October 12th. UBS Group decreased their target price on shares of Packaging Corporation of America from $292.00 to $289.00 and set a “buy” rating for the company in a report on Monday, October 5th. Citigroup decreased their target price on shares of Packaging Corporation of America from $254.00 to $253.00 and set a “neutral” rating for the company in a report on Friday, October 2nd. Finally, Wells Fargo & Company dropped their target price on shares of Packaging Corporation of America from $246.00 to $245.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 7th. One equities 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $271.86.

About Packaging Corporation of America

Packaging Corporation of America (NYSE:PKG) is a manufacturer of corrugated packaging and containerboard products serving businesses primarily in the United States. Its products include shipping boxes, retail packaging, displays, protective packaging and specialty corrugated solutions used to transport and present a broad range of consumer and industrial goods.

The company also produces uncoated freesheet paper and related paper products for commercial printing, office use, publishing, converting and other applications.