PKG · NYQ S&P 500

Packaging Corporation of America

Consumer cyclical · Packaging & Containers

$254.23 −$0.18 (−0.07%) Nov 10, 2026

Session of Nov 10, 2026 · updated Nov 11, 2026, 11:04 · Source: Yahoo Finance

Consensus of 10 analysts

Buy

Median price target $272.00 +7.0%

Open: $251.89
Day range: 251.06 – $255.58
52-week range: 191.50 – $262.59
Volume: 616,044
Market cap: $22,651M
P/E (TTM): 31.3x
EPS (TTM): $8.11
EPS est. 2026: $10.61
P/E est. 2026: 24.0x
Dividend yield: 2.2%
Beta: 0.77
Payout: 68%

Packaging Corporation of America financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	$2,602M	+12.5%
Net income	$262M	+15.6%
Earnings per share	$2.93	+16.7%
Net margin	10.1%	+0.3 pp
Free cash flow	$224M	−19.9%
Debt / equity	0.92	+0.1%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	$2,313M	$227M
Q4 2025	$2,364M	$102M
Q1 2026	$2,368M	$171M
Q2 2026	$2,490M	$192M
Q3 2026	$2,602M	$262M

Packaging Corporation of America earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 8	$2.8162.80 – 2.84	+21.4%$2.320
Next quarterQ1 2027 · Analysts: 4	$3.1283.00 – 3.43	+30.3%$2.400
Current year2026 · Analysts: 8	$10.61210.59 – 10.67	+7.8%$9.840
Next year2027 · Analysts: 9	$14.23412.45 – 16.79	+34.1%$10.612

Forward P/E: 24.0x (2026) and 17.9x (2027) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	$2.510	—
Q4 2025	$2.320	$2.414
Q1 2026	$2.400	$2.133
Q2 2026	$2.350	$2.313
Q3 2026	$3.040	$2.916
Q4 2026	—	$2.816
Q1 2027	—	$3.128

Year	Actual EPS	Estimated EPS
2022	$11.030	—
2023	$8.480	—
2024	$8.930	—
2025	$8.580	—
2026	—	$10.612
2027	—	$14.234

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$3.128	+30.3%
Q4 2026Estimated	$2.816	+21.4%
Q3 2026	$3.040est. $2.916 · surprise +4.3%	+21.1%
Q2 2026	$2.350est. $2.313 · surprise +1.6%	n/a
Q1 2026	$2.400est. $2.133 · surprise +12.5%	n/a
Q4 2025	$2.320est. $2.414 · surprise −3.9%	n/a
Q3 2025	$2.510	n/a

Year	EPS	Annual change
2027Estimated	$14.234	+34.1%
2026Estimated	$10.612	+23.7%
2025	$8.580	−3.9%
2024	$8.930	+5.3%
2023	$8.480	−23.1%
2022	$11.030	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Packaging Corporation of America dividend

Yield and payments

Dividend yield (TTM)	2.2%
Forward yield (next 12m)	2.4%
Dividend per share (TTM)	$5.50
Forward dividend (next 12m)	$6.00
Payout (TTM)	68%
Last dividend	$1.50Sep 15, 2026
Next ex-dividend date	n/a

Dividend per share by year ($)

PaidEstimated

Year	Dividend per share
2019	$3.16
2020	$3.37
2021	$4.00
2022	$4.75
2023	$5.00
2024	$5.00
2025	$5.00
est. 12m	$6.00

Packaging Corporation of America forecasts

10 analyst ratings

Buy70% Hold20% Sell10%

Consensus: Buy · 7 buy, 2 hold, 1 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$322.00	+26.7%
Median	$272.00	+7.0%
Low	$170.00	−33.1%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$204.07
Dec 31, 2025	$206.23
Jan 30, 2026	$222.55
Feb 27, 2026	$232.14
Mar 31, 2026	$212.22
Apr 30, 2026	$213.45
May 29, 2026	$218.91
Jun 30, 2026	$238.28
Jul 31, 2026	$245.84
Aug 31, 2026	$233.94
Sep 30, 2026	$229.26
Oct 30, 2026	$256.82
Nov 10, 2026	$254.23

Packaging Corporation of America peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
PKG	Packaging Corporation of America	22,651	31.3x	254.23	−0.07%	191.50262.59
SW	Smurfit Westrock	23,268	49.3x	44.36	+0.38%	32.7352.65
AMCR	Amcor	20,871	19.4x	45.19	+0.11%	36.2550.94
IP	International Paper	18,605	n/a	35.13	−1.13%	29.2650.25
BALL	Ball	17,385	33.6x	66.79	−0.03%	46.4169.58
AVY	Avery Dennison	14,275	20.5x	189.04	+0.53%	152.42199.54