After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
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Stocks Info
Packaging Corp Of America is listed on the NYSE in the Consumer Cyclical sector while operating in the Packaging & Containers industry. The current market capitalization of Packaging Corp Of America is $17.95B. A total of 0.56 million shares were traded on the day, compared to an average of 536.33K shares.
In the most recent transaction, Shirley Donald R. sold 6,000 shares of PKG for 196.28 per share on Jul 25 ’24. After the transaction, the SVP now owns 20,772 company shares. In a previous transaction on Jul 25 ’24, Carter Charles J. sold 5,389 shares at 196.28 per share. PKG shares that EVP-Mill Ops. owns now total 25,539.
Among the insiders who bought shares, GOWLAND KAREN E acquired of 300 shares on May 15 ’24 at a per-share price of $182.06. This resulted in the Director holding 916 shares of PKG after the transaction. In another insider transaction, Mundy Robert P. sold 10,000 shares at $182.51 per share on Mar 06 ’24. Company shares held by the EVP & CFO now total 46,454.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Packaging Corp Of America pays an annual dividend of $5.00, resulting in a dividend yield of 2.50%, and it has a price to earnings (P/E) ratio of 25.09. PKG’s most recent ex-dividend date was 6/14/2024 when it declared a $1.25 quarterly dividend that was paid in cash on 7/15/2024. Previously, the company paid the dividend on 4/15/2024 with an ex-dividend date of 3/14/2024. The PKG stock dividend was $1.25 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, PKG has a high of $199.88 and a low of $143.82.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PKG’s latest balance sheet shows that the firm has $704.80M in Cash & Short Term Investments as of fiscal 2021. There were $2.73B in debt and $884.80M in liabilities at the time. Its Book Value Per Share was $44.89, while its Total Shareholder’s Equity was $3.61B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PKG is Buy with a score of 3.86.
