Packaging Corp of America PKG
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Packaging Corp of America (PKG) Business Model and Operations Summary
Packaging Corp. of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4.5 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. PCA differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Key Insights
Packaging Corp of America (PKG) Core Market Data and Business Metrics
Latest Closing Price
$201.36Market Cap
$17.35 BillionAverage Daily Trade Volume
950,838 SharesPrice-Earnings Ratio
22.55Total Outstanding Shares
89.80 Million SharesCEO
Mr. Mark W. KowlzanTotal Employees
15,400Dividend
$1.25 Per Share QuarterlyIPO Date
January 28, 2000SIC Description
Paperboard Containers & BoxesPrimary Exchange
New York Stock ExchangeHeadquarters
1 North Field Ct, Lake Forest, IL, 60045
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 1,135,700 Shares | -1.19% | 3/14/2025 | 1.03 |
| 1,149,386 Shares | -16.03% | 2/28/2025 | 1.51 |
| 1,368,788 Shares | -2.44% | 2/14/2025 | 1.46 |
| 1,403,023 Shares | -22.32% | 1/31/2025 | 1.33 |
| 1,806,242 Shares | +16.96% | 1/15/2025 | 2.08 |
| 1,544,363 Shares | +22.28% | 12/31/2024 | 1.77 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $-876.40 Million |
| Net Cash Flow, Continuing | $37 Million |
| Net Cash Flow From Investing Activities | $-277.80 Million |
| Net Cash Flow | $37 Million |
| Net Cash Flow From Financing Activities | $-876.40 Million |
| Net Cash Flow From Investing Activities, Continuing | $-277.80 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Basic Average Shares | $89.10 Million |
| Diluted Earnings Per Share | $8.93 |
| Income/Loss From Continuing Operations Before Tax | $1.06 Billion |
| Other Operating Expenses | $71.50 Million |
| Preferred Stock Dividends And Other Adjustments | $5.60 Million |
| Income Tax Expense/Benefit | $259.30 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss Attributable To Parent | $27.50 Million |
| Other Comprehensive Income/Loss | $27.50 Million |
| Comprehensive Income/Loss Attributable To Parent | $832.60 Million |
| Comprehensive Income/Loss | $832.60 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Assets | $8.83 Billion |
| Noncurrent Liabilities | $3.43 Billion |
| Equity Attributable To Parent | $4.40 Billion |
| Inventory | $1.12 Billion |
| Current Assets | $3.23 Billion |
| Accounts Payable | $430.30 Million |
Historical Dividends
Current dividend: $1.25 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 26, 2025 | Apr 15, 2025 | Mar 14, 2025 | $1.25 | Quarterly |
| Dec 10, 2024 | Jan 15, 2025 | Dec 20, 2024 | $1.25 | Quarterly |
| Aug 27, 2024 | Oct 15, 2024 | Sep 16, 2024 | $1.25 | Quarterly |
| May 8, 2024 | Jul 15, 2024 | Jun 14, 2024 | $1.25 | Quarterly |
| Feb 28, 2024 | Apr 15, 2024 | Mar 15, 2024 | $1.25 | Quarterly |
| Dec 7, 2023 | Jan 15, 2024 | Dec 18, 2023 | $1.25 | Quarterly |