Packaging Corporation of America (NYSE:PKG) Releases Q2 2026 Earnings Guidance

Packaging Corporation of America (NYSE:PKG) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.330-2.330 for the period, compared to the consensus earnings per share estimate of 2.520. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PKG. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. UBS Group lowered their target price on Packaging Corporation of America from $235.00 to $225.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Citigroup cut their price target on shares of Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Finally, Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Packaging Corporation of America has an average rating of “Moderate Buy” and a consensus target price of $229.00.

Packaging Corporation of America Stock Performance

NYSE:PKG traded down $6.05 during trading hours on Wednesday, reaching $204.48. The stock had a trading volume of 944,824 shares, compared to its average volume of 1,034,739. The stock has a market cap of $18.20 billion, a P/E ratio of 23.86, a price-to-earnings-growth ratio of 1.93 and a beta of 0.90. The stock has a 50 day simple moving average of $219.66 and a 200 day simple moving average of $212.57. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.94 and a current ratio of 3.17. Packaging Corporation of America has a 12-month low of $176.45 and a 12-month high of $249.51.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.23. Packaging Corporation of America had a return on equity of 19.22% and a net margin of 8.61%.Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. On average, research analysts forecast that Packaging Corporation of America will post 10.89 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th were given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, March 13th. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 58.34%.

Insider Activity

In related news, President Thomas A. Hassfurther sold 12,129 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the sale, the president directly owned 197,062 shares in the company, valued at approximately $45,422,791. This represents a 5.80% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Packaging Corporation of America

Institutional investors have recently made changes to their positions in the stock. DV Equities LLC purchased a new position in shares of Packaging Corporation of America in the fourth quarter valued at $26,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings 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 worth $34,000 after purchasing an additional 80 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 worth $39,000 after purchasing an additional 57 shares in the last quarter. Advisory Services Network LLC bought a new position in Packaging Corporation of America in the 3rd quarter worth about $61,000. Finally, State of Wyoming grew its holdings in Packaging Corporation of America by 58.1% during the 4th quarter. State of Wyoming now owns 294 shares of the industrial products company’s stock valued at $61,000 after buying an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

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.