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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Packaging Of America's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Packaging Of America's position in the market.

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%
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dividends
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Rhea-AI Summary
Packaging Corporation of America reports Q2 2023 net income of $203 million, with net sales of $2.0 billion. The decrease in earnings compared to Q2 2022 is driven by lower volumes and prices in the Packaging segment, higher depreciation expense, and higher other converting costs. Q3 earnings are expected to be $1.88 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.08%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
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none
-
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Rhea-AI Sentiment
End-of-Day
-7.27%
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none
-
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Rhea-AI Sentiment
End-of-Day
4.85%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
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dividends
-
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Rhea-AI Sentiment
End-of-Day
7.33%
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none
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Rhea-AI Sentiment
End-of-Day
-1.81%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
dividends
Packaging Corp Of America

NYSE:PKG

PKG Rankings

PKG Stock Data

16.35B
87.27M
1.53%
91.92%
1.58%
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