Corporate News – Packaging Of America
Trade Performance
- The Packaging Of America (PKG) stock closed up 4.15 % during the 24‑hour period ending at 02:18 PM Central Europe on Friday, 23 October 2026.
- The current trading price is USD 248.92 on major exchanges.
- The share supply available for trading is 89.1 million.
- Market capitalization stands at USD 21.3 billion.
- Total trading volume in the last 24 hours was USD 366.1 million.
- Since the end of the previous month, PKG shares have increased 3.29 %.
- The 200‑day simple moving average is USD 228.32.
- The 52‑week high was USD 259.98 on 13 August 2026; the 52‑week low was USD 191.5 on 20 November 2025.
Recent Quarterly Results
On 21 October 2026, Packaging Of America released its third‑quarter 2026 financial results.
- Earnings per share exceeded guidance when special items were excluded, largely due to improved performance of the recently acquired Greif operations and a favourable product mix.
- Net sales grew modestly versus the prior year.
- Operating income and EBITDA rose across both the packaging and paper segments; increases were partially offset by higher labour, freight, and fibre costs.
- Management cited continued capacity utilisation, inventory build‑up, and the completion of maintenance outages as key factors supporting the quarter’s performance.
- Forward‑looking statements indicate expectations of higher freight and material costs in the fourth quarter. The company forecasts earnings above current guidance, acknowledging that additional special items could arise.
Related Stock Movements (24 Hours)
| Stock | % Change | Current Price (USD) | Market Cap (USD bn) |
|---|---|---|---|
| Rubrik (RBRK) | +5.05 % | 120.75 | 24.9 |
| Tradeweb Markets (TW) | +1.57 % | 121.89 | 25.3 |
| Coupang (CPNG) | –3.14 % | 13.99 | 24.9 |
| Xylem (XYL) | +2.74 % | 109.26 | 24.8 |
| Symbotic (SYM) | +5.14 % | 40.36 | 25.2 |
Company Profile
Packaging Of America is a materials‑sector company headquartered in Lake Forest, United States. It manufactures containerboard and corrugated packaging products for goods protection during shipment. The company also produces multi‑color boxes and displays, as well as meat and wax‑coated boxes for the agricultural industry. Packaging Of America is listed on the New York Stock Exchange and became public on 27 January 2000. More information is available on its website at www.packagingcorp.com .
