Packaging Corporation of America (PKG) Stock Price & Analysis
Packaging Corporation of America (PKG) closed at USD 248.92 on Thursday, October 22, 2026, up 4.15% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 248.92; the Oct 22, 2026 session ranged USD 242.69–248.92 on volume of 1,470,664 shares. Market capitalization is —, with a 52-week range of USD 191.5–259.98 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PKG.md
Key facts (PKG)
- Last four reported quarters (through Jun 30, 2026): revenue $9.53B, net income $692M (7.3% margin), free cash flow $742M (SEC filings).
- 1 of 80 tracked superinvestors hold PKG (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $12.2M; 4 not under a Rule 10b5-1 plan ($12.2M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +19.7% vs S&P 500 +14.9%; 5Y +115.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-21, EPS estimate USD 2.81, revenue estimate $2.64B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PKG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $7.73B | $8.48B | $7.80B | $8.38B | $8.99B | $9.53B |
| Gross profit | $1.87B | $2.09B | $1.70B | $1.78B | $1.89B | — |
| Operating income | $1.24B | $1.42B | $1.08B | $1.10B | $1.11B | $1.04B |
| Net income | $841M | $1.03B | $765M | $805M | $774M | $692M |
| EPS (diluted) | $8.83 | $11.03 | $8.48 | $8.93 | $8.58 | — |
| Free cash flow | $489M | $671M | $845M | $522M | $729M | $742M |
| Gross margin | 24.2% | 24.7% | 21.8% | 21.3% | 21.0% | — |
| Operating margin | 16.1% | 16.8% | 13.8% | 13.1% | 12.3% | 10.9% |
| Net margin | 10.9% | 12.1% | 9.8% | 9.6% | 8.6% | 7.3% |
| Revenue growth | +16.1% | +9.7% | -8.0% | +7.4% | +7.2% | — |
| Cash + short-term investments | $705M | $405M | $1.14B | $787M | $601M | — |
| Total debt | $2.49B | $2.49B | $2.89B | $2.49B | $3.99B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PKG)
P/E at fiscal year-ends: Dec 2025 23.9x, Dec 2024 25.0x, Dec 2023 19.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (PKG)
1 of 80 tracked investors hold PKG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Harry Burn | Sound Shore | 0.45% | $14.5M | Added +11.5% |
Insider sales (SEC Form 4, open-market, last ~7 months) (PKG)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-20 | Shirley Donald R. | Exec. VP | 12,000 | $3.0M | 31.9% | No | Too little history (no open-market trades in 2025) |
| 2026-08-07 | Hassfurther Thomas A | President | 7,063 | $1.8M | 2.3% | No | Too little history (no open-market trades in 2025) |
| 2026-08-03…2026-08-05 | Hassfurther Thomas A | President | 21,328 | $5.4M | 6.4% | No | Too little history (no open-market trades in 2025) |
| 2026-05-27 | Kowlzan Mark W | Chairman & CEO | 9,266 | $2.0M | 1.8% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (PKG)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Truist Securities | Target raised | Buy | $270 → $280 |
| 2026-10-07 | Wells Fargo | Target lowered | Equal-Weight | $246 → $245 |
| 2026-10-05 | UBS | Target lowered | Buy | $292 → $289 |
| 2026-10-02 | Citigroup | Target lowered | Neutral | $254 → $253 |
| 2026-09-23 | JP Morgan | Target raised | Overweight | $312 → $320 |
| 2026-09-11 | B of A Securities | Target lowered | Buy | $280 → $260 |
| 2026-08-13 | UBS | Target raised | Buy | $271 → $292 |
| 2026-07-28 | Citigroup | Target raised | Neutral | $241 → $254 |
| 2026-07-28 | JP Morgan | Target raised | Overweight | $271 → $312 |
| 2026-07-25 | UBS | Target lowered | Buy | $272 → $271 |
| 2026-07-24 | JP Morgan | Target raised | Overweight | $269 → $271 |
| 2026-07-15 | Truist Securities | Target raised | Buy | $258 → $270 |
Total return (dividends reinvested) (PKG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +19.7% | +115.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +19.8% | +16.5% |
| Volatility (annualized) | 28.2% | 24.2% |
| Max drawdown | -17.2% (Feb 2026→Mar 2026) | -29.8% (Apr 2022→Sep 2022) |
PKG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | GREIF, INC (GEF) | “In connection with the September 2025 Greif Acquisition, the Company recorded intangible assets of $420.0 million for customer relationships and $40.0 million for trademarks.” |
| Partner | ODP | “Effective March 1, 2025, we have amended the agreement with ODP in which we will continue to supply commodity and non-commodity office papers through December 31, 2026.” |
Quoted from the company's 10-K filed Feb 26, 2026.
PKG company outlook (results filed Oct 22, 2026)
- “Excluding the impact of special items, earnings were $.13 above third quarter guidance of $2.91 per share primarily due to favorable price and mix in the Packaging segment and favorable earnings from the acquired Greif operations, partially offset by higher labor and operating costs and unfavorable corrugated products sales volume.”
- “Considering these items, we expect fourth quarter earnings of $2.81 per share, excluding special items." We present our earnings expectation for the upcoming quarter excluding special items as special items are difficult to predict and quantify and may reflect the effect of future events.”
Quoted word-for-word from the SEC 8-K results press release.
PKG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $2.81 | $2.78 | +1.3% | $2.64B | 6 |
| Next quarter (ends Mar 2027) | $3.08 | $2.71 | +13.3% | $2.63B | 4 |
| Current fiscal year (ends Dec 2026) | $10.59 | $10.44 | +1.4% | $10.12B | 6 |
| Next fiscal year (ends Dec 2027) | $13.90 | $12.58 | +10.5% | $11.00B | 8 |
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 248.92 |
|---|---|
| Change | ▲ 4.15% (up) |
| Previous Close | USD 248.92 |
| Open | USD 248.92 |
| Day Range | USD 242.69 – 248.92 |
| 52-Week Range | USD 191.5 – 259.98 |
| Volume | 1,470,664 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (PKG)
Nexqual's technical model rates PKG "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 69.97 (neutral) |
| vs SMA50 | Above (USD 237.44) |
| MACD | 1.29 (positive) |
Earnings (PKG)
| Next Earnings Date | 2026-10-21 |
|---|---|
| EPS Estimate | USD 2.81 |
| Revenue Estimate | $2.64B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 3.04 vs est 2.92 ▲ beat |
| 2026-06-30 | USD 2.35 vs est 2.31 ▲ beat |
| 2026-03-31 | USD 2.4 vs est 2.13 ▲ beat |
| 2025-12-31 | USD 2.32 vs est 2.41 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (PKG)
| Total Revenue | $9.53B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +14.70% |
| Gross Margin | +21.39% |
| Operating Margin | +13.12% |
| Profit Margin | +7.26% |
| ROE | +14.89% |
| Debt / Equity | 0.94 |
| Current Ratio | 2.94 |
| Total Cash | $593.80M |
| Total Debt | $4.40B |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Ownership (PKG)
| Insider Ownership | +1.58% |
|---|---|
| Institutional Ownership | +100.16% |
| Shares Outstanding | 89.10M |
| Float | 86.97M |
| Short % of Float | +3.87% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From Packaging Corporation of America's Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- Our sheet plants are generally located in close proximity to our larger corrugated plants, which enables us to offer additional services and converting capabilities such as small volume and quick turnaround items.
Partnerships
- Effective March 1, 2025, we have amended the agreement with ODP in which we will continue to supply commodity and non-commodity office papers through December 31, 2026.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SW | Smurfit WestRock plc | USD 42.43 | ▲ 2.34% |
| AMCR | Amcor plc | USD 46.28 | ▲ 2.23% |
| IP | International Paper Company | USD 33.68 | ▲ 0.15% |
| BALL | Ball Corporation | USD 65.81 | ▲ 2.59% |
| AVY | Avery Dennison Corporation | USD 184.66 | ▲ 3.14% |
| CCK | Crown Holdings, Inc. | USD 119.26 | ▲ 2.62% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt