What is Zacks Research’s Forecast for PKG FY2026 Earnings?

Packaging Corporation of America (NYSE:PKG) – Analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for Packaging Corporation of America in a research note issued on Wednesday, November 11th. Zacks Research analyst Team now forecasts that the industrial products company will earn $10.60 per share for the year, up from their previous forecast of $10.44. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.56 per share. Zacks Research also issued estimates for Packaging Corporation of America’s Q4 2026 earnings at $2.81 EPS, Q2 2027 earnings at $2.94 EPS, Q3 2027 earnings at $3.43 EPS and Q3 2028 earnings at $4.09 EPS.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings results on Wednesday, October 21st. The industrial products company reported $3.04 EPS for the quarter, beating analysts’ consensus estimates of $2.93 by $0.11. The company had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.61 billion. Packaging Corporation of America had a return on equity of 19.43% and a net margin of 7.40%. Packaging Corporation of America’s revenue was up 12.5% on a year-over-year basis. During the same period last year, the business posted $2.73 earnings per share.

A number of other research analysts also recently issued reports on the company. Bank of America reduced their price objective on Packaging Corporation of America from $280.00 to $260.00 and set a “buy” rating for the company in a research note on Friday, September 11th. Citigroup boosted their price target on shares of Packaging Corporation of America from $253.00 to $262.00 and gave the stock a “neutral” rating in a report on Monday, October 26th. Wall Street Zen upgraded shares of Packaging Corporation of America from a “hold” rating to a “buy” rating in a research report on Saturday, November 7th. UBS Group reduced their price target on shares of Packaging Corporation of America from $292.00 to $289.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Packaging Corporation of America from $320.00 to $322.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Packaging Corporation of America currently has an average rating of “Moderate Buy” and an average target price of $275.43.

Packaging Corporation of America Stock Performance

Shares of Packaging Corporation of America stock opened at $251.01 on Friday. The business’s fifty day simple moving average is $239.63 and its 200 day simple moving average is $230.96. The company has a current ratio of 2.87, a quick ratio of 1.82 and a debt-to-equity ratio of 0.83. Packaging Corporation of America has a 12 month low of $191.50 and a 12 month high of $262.59. The firm has a market capitalization of $22.37 billion, a P/E ratio of 30.91, a price-to-earnings-growth ratio of 1.90 and a beta of 0.76.

Packaging Corporation of America Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th were issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Tuesday, September 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 73.89%.

Insiders Place Their Bets

In other Packaging Corporation of America news, 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 transaction of $3,008,520.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is owned by insiders.

Institutional Trading of Packaging Corporation of America

A number of hedge funds and other institutional investors have recently bought and sold shares of PKG. BlackRock Inc. purchased a new stake in Packaging Corporation of America in the 2nd quarter worth approximately $1,837,506,000. Bank of New York Mellon Corp purchased a new position in shares of Packaging Corporation of America during the 2nd quarter valued at $748,095,000. Bank of America Corp DE purchased a new position in shares of Packaging Corporation of America during the 2nd quarter valued at $379,568,000. Atlas FRM LLC bought a new position in shares of Packaging Corporation of America in the second quarter worth $365,164,100. Finally, Aberdeen Group plc increased its holdings in shares of Packaging Corporation of America by 1,620.8% in the third quarter. Aberdeen Group plc now owns 734,812 shares of the industrial products company’s stock worth $168,463,000 after purchasing an additional 692,111 shares during the period. Institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Company Profile

Packaging Corporation of America (PCA) manufactures containerboard and corrugated packaging. Its packaging products include shipping boxes, retail displays and other protective packaging used to move and present goods. The company operates mills that produce containerboard and facilities that convert it into corrugated products. PCA also makes and sells paper products, including communication and specialty papers. Founded in 1999 as a spin-off from Tenneco, PCA is based in Lake Forest, Illinois, and serves customers primarily in the United States through a network of mills and packaging plants.