JP Morgan has initiated coverage on Packaging Corp of America (PKG) with an Overweight rating, marking the firm's first assessment of the company's investment potential. The action was taken on September 23, 2025, with the stock currently priced at $197.00.
Packaging Corp of America, headquartered in Lake Forest, Illinois, engages in the production of container products and employs 15,400 full-time staff. The company operates eight mills and 86 corrugated products plants, producing various corrugated packaging products used for meat, fresh fruit, vegetables, processed food, beverages, and other goods. The firm also manufactures both commodity and specialty papers.
As of November 20, 2025, Packaging Corp of America has a market cap of $17.5 billion, a P/E ratio of 19.57, and an EPS of 9.97. The company's dividend yield stands at 257.3%. Upcoming earnings are expected on July 21, 2026, with estimates of $2.84 in EPS and $2.6 billion in revenue.
Analyst consensus indicates a Buy rating, with recent actions showing 3 Strong Buy, 5 Buy, 7 Hold, 1 Sell, and no Strong Sell recommendations. The move underscores JP Morgan's confidence in the company's growth prospects based on its research and analysis of industry dynamics.
Analyst ratings can fluctuate as new information becomes available. Thus, these assessments should be considered as part of a broader investment strategy that includes evaluating company fundamentals and market trends.