Packaging Corp Amer Stock Price, News & Analysis

Packaging Corporation of America (NYSE: PKG) will permanently shut the No. 2 paper machine (W2) and kraft pulping at its Wallula, WA containerboard mill, while continuing to operate the No. 3 paper machine (W3) and recycled pulping.

The actions, to be completed by the end of Q1 2026, reduce Wallula capacity by 250,000 tons to 285,000 tons and are expected to lower production cost by ~$125/ton from 2025 levels. PCA estimates $205 million of pre-tax restructuring charges (about $165M non-cash, $40M cash) and expects to eliminate ~200 positions. Replacement capacity will begin at other mills starting Q4 2026.

Packaging Corporation of America (NYSE: PKG) declared a regular quarterly dividend of $1.25 per share. The dividend will be paid to shareholders of record as of December 15, 2025 with a payment date of January 14, 2026. Future dividends and record/payment dates remain subject to final determination by the Board of Directors.

PCA operates as a major North American producer of containerboard and uncoated freesheet paper, with 10 paper mills and 92 corrugated products plants and related facilities.

Packaging Corporation of America (NYSE: PKG) reported third quarter 2025 net income of $226.9 million or $2.51 diluted EPS, and $246.7 million or $2.73 diluted EPS excluding special items. Third quarter net sales were $2.31 billion. EBITDA excluding special items was $503.4 million. PCA completed the acquisition of the Greif containerboard business on September 2, 2025, which added preliminary depreciation/amortization (~$12 million) and interest (~$8 million) and caused extended outages that lowered earnings by ~$12 million (~$0.10 per share).

PCA expects Q4 2025 EPS of $2.40 excluding special items, higher per-day corrugated shipments but three fewer shipping days, and approximately $0.29 per share higher maintenance outage expense.

Packaging Corporation of America (NYSE: PKG), North America's third-largest containerboard products producer, has scheduled its Q3 2025 earnings conference call for October 23, 2025, at 9:00 a.m. Eastern Time. The call will be led by Mark Kowlzan, following the release of earnings results after market close on October 22, 2025.

Participants can pre-register through a dedicated link or join using toll-free numbers for U.S., Canada, and international callers. A replay will be available from October 23 until November 6, 2025. The call will also be accessible via webcast on PCA's website.

Packaging Corporation of America (NYSE: PKG), North America's third-largest containerboard products manufacturer, has declared a quarterly dividend of $1.25 per share on its common stock. The dividend will be paid on October 15, 2025, to shareholders of record as of September 15, 2025.

The company, which operates eight paper mills and 85 corrugated products plants, maintains its position as a leading producer of uncoated freesheet paper in North America. Future dividend declarations will be subject to final determination by PCA's Board of Directors.

["Regular quarterly dividend maintained at $1.25 per share", "Strong market position as third-largest containerboard producer in North America", "Extensive operational footprint with 8 paper mills and 85 corrugated products facilities"]

Packaging Corporation of America (NYSE: PKG) reported strong Q2 2025 financial results with net income of $242 million, or $2.67 per share. Excluding special items, earnings were $2.48 per share, exceeding guidance by $0.07. Q2 net sales reached $2.2 billion, up from $2.1 billion in 2024.

The company's performance was driven by higher prices in the Packaging segment, lower fiber costs, and improved Paper segment pricing. Corrugated products shipments increased 1.7% per day compared to Q2 2024. Looking ahead, PKG expects Q3 2025 earnings of $2.80 per share, excluding special items and any impact from the pending Greif containerboard business acquisition.

Packaging Corporation of America (NYSE: PKG) has announced a definitive agreement to acquire Greif's containerboard business for $1.8 billion in cash. The acquisition includes two containerboard mills with 800,000 tons of production capacity and eight sheet feeder and corrugated plants across the United States.

The acquired business generated $1.2 billion in sales and $212 million EBITDA in the LTM period ended April 30, 2025. The purchase price represents 8.5X LTM EBITDA, reducing to 6.6X when including projected synergies of $60 million. PCA plans to finance the transaction with $1.5 billion of new debt and cash on hand, resulting in a pro forma leverage ratio of approximately 1.7X.

The transaction is expected to close by the end of PCA's third quarter 2025, subject to regulatory approvals. The company expects the acquisition to be immediately accretive to earnings, with synergy benefits fully realized within two years through improved operational efficiencies, increased integration, and lower transportation costs.

Packaging Corporation of America (NYSE: PKG), the third largest containerboard products producer in North America, has scheduled its Q2 2025 earnings conference call for July 24, 2025, at 9:00 a.m. Eastern Time. The call will be led by Mark Kowlzan, with earnings results to be released after market close on July 23, 2025. Investors can pre-register for the call or dial in using toll-free numbers for U.S., Canada, and international participants. A replay will be available until August 7, 2025, and the call will also be accessible via webcast on PCA's website. The company operates eight paper mills and 85 corrugated products plants, and is also a leading producer of uncoated freesheet paper in North America.

Packaging Corporation of America (NYSE: PKG) has declared a regular quarterly dividend of $1.25 per share on its common stock. The dividend will be paid on July 15, 2025, to shareholders of record as of June 13, 2025. PCA, the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America, operates eight paper mills and 85 corrugated products plants.