Packaging Corp stock gains as BofA trims target but keeps Buy rating

Published on 09/11/2026 at 17:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Packaging Corp stock trades near USD 235 on September 11, 2026 after BofA Securities cut its price target to USD 260 while reaffirming a Buy rating. The company is guiding Q3 2026 EPS around USD 2.91 and pays an annual dividend of USD 6.00 per share.

Packaging Corp, US6951561022, Illustration mit AI erstellt.

Packaging Corporation of America stock (ISIN US6951561022) is trading around USD 235 on September 11, 2026, while Bank of America Securities has lowered its price target to USD 260 but maintained a Buy rating on the shares according to GuruFocus on September 11, 2026.

BofA cuts target but stays positive

As TipRanks/The Fly reports on September 11, 2026, BofA analyst George Staphos reduced the firm’s price target for Packaging Corp of America from USD 280.00 to USD 260.00 and kept a Buy rating on the stock, signaling that the bank still sees upside even after the strong run in recent months.

According to GuruFocus, Packaging Corp of America recently traded at USD 235.77, which the platform characterizes as about 1.7 percent above its GF Value of USD 231.74, suggesting the shares are modestly overvalued on that specific metric.

Recent earnings and guidance frame expectations

In its latest reported quarter, Packaging Corp of America generated revenue of USD 2.49 billion, representing a 14.7 percent year on year increase and coming broadly in line with analysts’ expectations according to an industrial packaging earnings review from Yahoo Finance for what it describes as the second quarter of 2026.

The same review notes that despite the solid top-line growth, Packaging Corp of America significantly missed analysts’ EPS estimates in that quarter and issued EPS guidance for the following quarter that fell short of consensus expectations, while the stock has nonetheless risen about 1.9 percent since the results and recently traded near USD 232.49 as highlighted by Yahoo Finance.

Looking ahead, Packaging Corp of America has set its guidance for third quarter 2026 earnings per share at USD 2.91, and equity analysts surveyed expect full-year 2026 EPS of 10.48 according to MarketBeat, giving investors a numeric yardstick against which to compare the current valuation.

Dividend and analyst consensus support the shares

Packaging Corp of America also returns cash to shareholders through a regular dividend, with a recently declared quarterly payout of USD 1.50 per share that translates into an annualized dividend of USD 6.00 and a yield of about 2.6 percent based on recent prices, as detailed by MarketBeat for the current year.

According to data cited by MarketBeat on September 11, 2026, the stock carries an average analyst rating of Moderate Buy with an average price target of USD 264.57, which stands roughly 12.5 percent above the USD 235 area where the shares have been changing hands recently.

The same overview points out that Packaging Corp of America’s dividend payout ratio is currently about 77.92 percent, a level that indicates the company is distributing a significant portion of its earnings as dividends, which investors can weigh against the earnings growth outlook and capital expenditure needs.

Stock trades near recent highs on NYSE

On the New York Stock Exchange, Packaging Corp of America stock has recently been quoted at USD 235.19 during the September 11, 2026 trading session, after reaching an intraday high of USD 236.17 and a low of USD 233.47, with trading volume around 118,890 shares compared to an average of about 599,760 shares according to data from Robinhood.

The same snapshot shows that at a price of USD 235.19, Packaging Corp of America’s market capitalization stands at approximately USD 20.96 billion, with the stock trading about 0.7 percent above the day’s low and 0.4 percent below the day’s high on September 11, 2026 per Robinhood.

Price as of latest session

As of September 11, 2026, 4:00 p.m. Eastern Time, Packaging Corp of America stock closed around USD 235.19 on the New York Stock Exchange, giving the company a market capitalization of roughly USD 20.96 billion in United States dollars.