The Latest Breaking News from PKG

Despite Packaging Corporation’s outperformance relative to the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Growing demand for eco-friendly products and sustainable packaging presents a significant opportunity for companies that prioritize these solutions. Therefore, scooping up the shares of fundamentally sound sustainable packaging stocks, such as Packaging Corp of America (PKG), Crown Holdings (CCK), and Sonoco Products Co. (SON), could be beneficial. Read more.

Packaging Corporation is set to unveil its Q2 earnings later this month, and analysts project a high single-digit profit dip.

Concerns over the potentially aggressive Fed rate hikes to tackle the elevated inflation are expected to keep the market volatile in the near term. However, fundamentally sound stocks Coca-Cola (KO), Gilead Sciences (GILD), and Packaging Corporation of America (PKG) have the potential to rebound from their current price levels. So,…

The stock market has been under pressure with the soaring inflation and the Fed’s aggressive rate hikes. Amid the market downturns, investors are buying the dip in stocks, which can generate long-term returns. However, dividend investing could be a wise strategy to ensure a stable income stream amid the uncertain…

The growing e-commerce industry and reviving international trade have driven the demand for sustainable packaging solutions. Despite the persistent supply chain disruptions, technological advancement and rising demand should benefit packaging stocks Greif (GEF) and Packaging Corporation of America (PKG). But which of these stocks is a better buy now? Read…

The Consumer Price Index is expected to remain flat in May. Furthermore, the leading indicators of inflation are showing signs of easing. So, we think investors who believe inflation has peaked could now look to add the stocks of consumer discretionary companies O’Reilly Automotive (ORLY), InterContinental Hotels (IHG), Darden Restaurants…

Packaging Corp Of America (NYSE: PKG) has increased the annual payout of the cash dividend on its common stock by 25% to $5.00 from $4.00 per share.

The stock market posted gains on Friday, providing some relief from the aggressive selling earlier in the week. Investors tend to flee from cyclical stocks in a recessionary environment. However, we think fundamentally strong consumer cyclical stocks that have bucked the market downtrend this year, Mattel (MAT), WestRock (WRK), International…

Packaging Corp of America (NYSE:PKG) has observed the following analyst ratings within the last quarter:

The stocks of packaging and container companies are expected to advance in the coming months, driven by the strong demand in consumer and commercial markets. Strong retail demand and a surge in e-commerce businesses post-pandemic are expected to fuel the packaging industry over the long term. So, we think it…