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Packaging Corp Of America - PKG STOCK NEWS

Welcome to our dedicated news page for Packaging Of America (Ticker: PKG), a resource for investors and traders seeking the latest updates and insights on Packaging Of America.

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Rhea-AI Summary
Packaging of America (NYSE: PKG) will discuss its first quarter 2024 results in a conference call led by Mark Kowlzan. The earnings results will be released on April 22, 2024, with the call scheduled for April 23, 2024. PCA is a major producer of containerboard products and uncoated freesheet paper in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
earnings
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Rhea-AI Summary
Packaging Corporation of America (NYSE: PKG) declares a regular quarterly dividend of $1.25 per share on its common stock, showcasing stability and investor-friendly policies. The company, known for its containerboard and paper products, operates multiple facilities across North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
dividends
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Rhea-AI Summary
Packaging Corporation of America's CEO, Mark Kowlzan, to speak at Bank of America Securities' Global Agriculture and Materials Conference. PCA is a major producer of containerboard products and uncoated freesheet paper in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
conferences
Rhea-AI Summary
Packaging Corporation of America's CEO, Mark Kowlzan, will speak at Bank of America Securities' Global Agriculture and Materials Conference. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. They operate eight mills and 86 corrugated products plants and related facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
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conferences
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Rhea-AI Summary
Packaging Corporation of America (NYSE: PKG) reported fourth quarter 2023 net income of $189 million, or $2.10 per share, and full year 2023 net income of $765 million, or $8.48 per share. The company's fourth quarter net sales were $1.94 billion in 2023, and full year net sales were $7.8 billion in 2023, showing a decrease from the previous year. The Packaging segment experienced a decrease in earnings driven primarily by lower prices and mix, while the Paper segment saw lower sales volume. However, the company's CEO, Mark W. Kowlzan, expressed optimism for the future, expecting higher total corrugated products shipments and improved mix for the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.04%
Tags
earnings
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Rhea-AI Summary
Packaging Corporation of America (NYSE: PKG) will hold a conference call on Thursday, January 25, 2024 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2023 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Wednesday, January 24, 2024. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
earnings
Rhea-AI Summary
Packaging Corporation of America (NYSE: PKG) declares a regular quarterly dividend of $1.25 per share on its common stock. The dividend will be paid to shareholders of record as of December 18, 2023, with a payment date of January 15, 2024. PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
dividends
-
Rhea-AI Summary
Packaging Corporation of America (NYSE: PKG) reported third quarter 2023 net income of $183 million, or $2.03 per share, and net sales of $1.9 billion. The company exceeded its guidance for the quarter with better demand in its Packaging and Paper segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.04%
Tags
earnings
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Rhea-AI Summary
Packaging Corporation of America to discuss Q3 2023 results in conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
earnings
Rhea-AI Summary
Packaging Corporation of America (NYSE: PKG) approves regular quarterly dividend of $1.25 per share on its common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.16%
Tags
dividends
Packaging Corp Of America

NYSE:PKG

PKG Rankings

PKG Stock Data

16.93B
87.31M
1.49%
92.2%
1.99%
Corrugated and Solid Fiber Box Manufacturing
Manufacturing
Link
US
Lake Forest

About PKG

packaging corporation of america (pca) is the fourth largest producer of containerboard and corrugated packaging products in the united states. in 2013 pca produced 2.7 million tons of containerboard and shipped 38.4 billion square feet of corrugated products. in 2013 pca acquired boise, inc., growing to $5.5 billion in sales and 13,600 employees. pca operates eight mills and a total of 94 converting operations/locations. pca is the third largest producer of uncoated freesheet paper in north america. pca combines great products with a creative and knowledgeable total-service team to provide ideas and solutions for any packaging need: "when you choose packaging corporation of america, you work with people who do the right things for each other and for our customers. we believe in utilizing the power of strong collaborative relationships, bound by the trust we have earned, to deliver innovative packaging solutions and an outstanding service experience." pca is a publically traded c