In last trading session, Packaging Corp Of America (NYSE:PKG) saw 0.83 million shares changing hands with its beta currently measuring 0.85. Company’s recent per share price level of $194.22 trading at $3.47 or 1.82% at ring of the bell on the day assigns it a market valuation of $17.48B. That closing price of PKG’s stock is at a discount of -29.14% from its 52-week high price of $250.82 and is indicating a premium of 11.08% from its 52-week low price of $172.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.86 million shares which gives us an average trading volume of 941.55K if we extend that period to 3-months.
For Packaging Corp Of America (PKG), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.25. Splitting up the data highlights that, out of 9 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Packaging Corp Of America (NYSE:PKG) trade information
Upright in the green during last session for gaining 1.82%, in the last five days PKG remained trading in the green while hitting it’s week-highest on Friday, 05/16/25 when the stock touched $194.22 price level, adding 0.19% to its value on the day. Packaging Corp Of America’s shares saw a change of -13.73% in year-to-date performance and have moved 7.06% in past 5-day. Packaging Corp Of America (NYSE:PKG) showed a performance of 4.01% in past 30-days. Number of shares sold short was 1.62 million shares which calculate 1.64 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 280 to the stock, which implies a rise of 30.64% to its current value. Analysts have been projecting 280 as a low price target for the stock while placing it at a high target of 280. It follows that stock’s current price would drop -44.17% in reaching the projected high whereas dropping to the targeted low would mean a loss of -44.17% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 3.99% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 13.08% while estimates for its earnings growth in next 5 years are of 8.74%.
PKG Dividends
Packaging Corp Of America is more likely to be releasing its next quarterly report on 2025-Apr-21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.57%, the share has a forward dividend of 5.00 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.9%.
Packaging Corp Of America (NYSE:PKG)’s Major holders
Insiders are in possession of 1.46% of company’s total shares while institution are holding 92.54 percent of that, with stock having share float percentage of 93.91%. Investors also watch the number of corporate investors in a company very closely, which is 92.54% institutions for Packaging Corp Of America that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at PKG for having 11.22 million shares of worth $2.05 billion. And as of 2024-06-30, it was holding 12.531 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 7.92 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.8423 of outstanding shares, having a total worth of $1.45 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.8 shares of worth $544.57 million or 3.12% of the total outstanding shares. The later fund manager was in possession of 2.41 shares on Dec 31, 2024 , making its stake of worth around $468.7 million in the company or a holder of 2.68% of company’s stock.
