Packaging Stock News

Packaging Corporation of America delivered strong consolidated revenue growth last quarter, supported by a resilient demand environment, particularly in its packaging segment. Robust shipment growth and recent price increase are expected to fuel top line growth in the quarters ahead. Despite inflationary pressures, PKG's focus on cost efficiencies and pricing benefits should support margin expa...

Packaging Corporation of America (NYSE:PKG ) Q4 2024 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Mark Kowlzan - Chairman and Chief Executive Officer Thomas Hassfurther - Executive Vice President, Corrugated Products Robert Mundy - Executive Vice President and Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Mike Roxla...

Packaging Corp. of America anticipates various headwinds in the first quarter of 2025.

PKG shares gained 40% in the past year but fell 5% after Q4 results missed estimates, adding to my concerns about valuation and future performance. Despite solid earnings growth, PKG's valuation at 26x earnings is high, especially compared to peers and its historical average, suggesting limited upside. Rising operating costs and energy prices have offset benefits from price increases, impacting...

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2024 net income of $221 million, or $2.45 per share, and net income of $222 million, or $2.47 per share, excluding special items. Fourth quarter net sales were $2.1 billion in 2024 and $1.9 billion in 2023. Full year 2024 net income was $805 million, or $8.93 per share, and net income ...

Dividend growth stocks are companies with stable cash flow and the ability to increase their distributions annually. They are important for investors because they provide a stable return and leverage for portfolio growth.

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Wednesday, January 29, 2025 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2024 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Tuesday, January 28, 2025. To access t...

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of December 20, 2024 with a payment date of January 15, 2025. Future declaration of quarterly dividends and the establishme...