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NYSE:WRK

WestRock (WRK) Stock Price, News & Analysis

$52.70
-0.03 (-0.06%)
(As of 09:52 AM ET)
Today's Range
$52.53
$52.79
50-Day Range
$46.81
$52.94
52-Week Range
$27.12
$52.98
Volume
124,133 shs
Average Volume
2.19 million shs
Market Capitalization
$13.54 billion
P/E Ratio
44.29
Dividend Yield
2.30%
Price Target
$47.60

WestRock MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
9.7% Downside
$47.60 Price Target
Short Interest
Healthy
4.05% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.96
Upright™ Environmental Score
News Sentiment
1.28mentions of WestRock in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$857,651 Sold Last Quarter
Proj. Earnings Growth
78.20%
From $2.11 to $3.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.19 out of 5 stars

Basic Materials Sector

34th out of 169 stocks

Paperboard Containers & Boxes Industry

2nd out of 4 stocks

WRK stock logo

About WestRock Stock (NYSE:WRK)

WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia. It operates through four segments: Corrugated Packaging, Consumer Packaging, Global Paper, and Distribution. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards to consumer and industrial products manufacturers, and corrugated box manufacturers. It also provides structural and graphic design, engineering services and custom, and proprietary and standard automated packaging machines; turn-key installation, automation, line integration, and packaging solutions; machinery solution that creates pouches; and pack temporary displays, as well as lithographic laminated packaging products. The Consumer Packaging segment manufactures and sells folding cartons that are used to package food, paper, beverages, dairy products, confectionery, health and beauty, and other household consumer products, as well as express mail packages for the overnight courier industry. It also offers inserts and labels, as well as rigid packaging and other printed packaging products, such as transaction cards, brochures, product literature, marketing materials, and grower tags, and plant stakes; and paperboard packaging for over-the-counter and prescription drugs. In addition, this segment manufactures and sells solid fiber and corrugated partitions, and die-cut paperboard components. The Global Paper segment manufactures containerboard, paperboard, and specialty grades primarily to corrugated packaging, folding carton, food service, liquid packaging, tobacco, and commercial print markets. The Distribution segment distributes corrugated packaging materials and other specialty packaging products, including stretch films, void fills, carton sealing tapes, and other specialty tapes; and provides contract packing services. The company is based in Atlanta, Georgia.

WRK Stock Price History

WRK Stock News Headlines

WestRock Company Q2 Earnings Summary
RBC Capital Keeps Their Hold Rating on WestRock (WRK)
Wells Fargo Reaffirms Their Hold Rating on WestRock (WRK)
WRK Apr 2024 52.500 call
Q4 2023 Westrock Coffee Co Earnings Call
WRK Mar 2024 45.000 call
WRK Mar 2024 40.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 2/21 Dividend
2/08/2024
Dividend Payable
2/21/2024
Last Earnings
5/02/2024
Ex-Dividend for 5/22 Dividend
5/13/2024
Today
5/21/2024
Dividend Payable
5/22/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Paperboard containers & boxes
Sub-Industry
N/A
Employees
56,100
Year Founded
2015

Price Target and Rating

Average Stock Price Target
$47.60
High Stock Price Target
$57.00
Low Stock Price Target
$37.00
Potential Upside/Downside
-9.7%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-1,649,000,000.00
Pretax Margin
1.81%

Debt

Sales & Book Value

Annual Sales
$20.31 billion
Cash Flow
$9.00 per share
Book Value
$39.40 per share

Miscellaneous

Free Float
255,741,000
Market Cap
$13.55 billion
Optionable
Optionable
Beta
1.10

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Key Executives

  • Mr. David B. Sewell (Age 55)
    CEO, President & Director
    Comp: $3.07M
  • Mr. Alexander W. Pease (Age 52)
    Executive VP & CFO
    Comp: $1.59M
  • Mr. Patrick M. Kivits (Age 56)
    President of Corrugated Packaging
    Comp: $1.32M
  • Ms. Julia Ann McConnell (Age 55)
    Senior VP & Chief Accounting Officer
  • Dr. Benny Purushota Patel (Age 56)
    Chief Innovation and Science Officer
  • Mr. Robert Quartaro
    Vice President of Investor Relations
  • Ms. Vicki L. Lostetter (Age 64)
    Chief Human Resources Officer
  • Ms. Nina E. Butler
    Chief Environmental Officer & Deputy General Counsel
  • Mr. John L. O'Neal (Age 56)
    President of Global Paper
  • Ms. Alpa Sutaria
    Senior Vice President of Strategy & Sustainability

WRK Stock Analysis - Frequently Asked Questions

Should I buy or sell WestRock stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WestRock in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRK, but not buy additional shares or sell existing shares.
View WRK analyst ratings
or view top-rated stocks.

What is WestRock's stock price target for 2024?

5 equities research analysts have issued 12 month price objectives for WestRock's stock. Their WRK share price targets range from $37.00 to $57.00. On average, they anticipate the company's stock price to reach $47.60 in the next year. This suggests that the stock has a possible downside of 9.7%.
View analysts price targets for WRK
or view top-rated stocks among Wall Street analysts.

How have WRK shares performed in 2024?

WestRock's stock was trading at $41.52 at the start of the year. Since then, WRK stock has increased by 27.0% and is now trading at $52.73.
View the best growth stocks for 2024 here
.

Are investors shorting WestRock?

WestRock saw a drop in short interest in April. As of April 30th, there was short interest totaling 10,370,000 shares, a drop of 28.9% from the April 15th total of 14,590,000 shares. Based on an average daily trading volume, of 2,190,000 shares, the days-to-cover ratio is currently 4.7 days. Currently, 4.1% of the shares of the stock are sold short.
View WestRock's Short Interest
.

When is WestRock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our WRK earnings forecast
.

How were WestRock's earnings last quarter?

WestRock (NYSE:WRK) released its quarterly earnings data on Thursday, May, 2nd. The basic materials company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.25 by $0.14. The basic materials company had revenue of $4.73 billion for the quarter, compared to the consensus estimate of $4.75 billion. WestRock had a net margin of 1.57% and a trailing twelve-month return on equity of 5.85%. The business's revenue for the quarter was down 10.4% compared to the same quarter last year. During the same period last year, the firm posted $0.77 EPS.

How often does WestRock pay dividends? What is the dividend yield for WestRock?

WestRock announced a quarterly dividend on Friday, April 26th. Shareholders of record on Tuesday, May 14th will be given a dividend of $0.3025 per share on Wednesday, May 22nd. This represents a $1.21 annualized dividend and a yield of 2.29%. The ex-dividend date is Monday, May 13th.
Read our dividend analysis for WRK
.

Is WestRock a good dividend stock?

WestRock (NYSE:WRK) pays an annual dividend of $1.21 per share and currently has a dividend yield of 2.31%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 101.68%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WRK will have a dividend payout ratio of 32.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WRK.

What is Steve Voorhees' approval rating as WestRock's CEO?

370 employees have rated WestRock Chief Executive Officer Steve Voorhees on Glassdoor.com. Steve Voorhees has an approval rating of 74% among the company's employees. 60.0% of employees surveyed would recommend working at WestRock to a friend.

What other stocks do shareholders of WestRock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other WestRock investors own include AT&T (T), AbbVie (ABBV), Verizon Communications (VZ), CVS Health (CVS), QUALCOMM (QCOM), Cisco Systems (CSCO), Pfizer (PFE), Micron Technology (MU), Walt Disney (DIS) and NVIDIA (NVDA).

Who are WestRock's major shareholders?

WestRock's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.12%), Nordea Investment Management AB (2.05%), Price T Rowe Associates Inc. MD (0.74%), Magnetar Financial LLC (0.71%), KRYGER CAPITAL Ltd (0.54%) and Zurich Insurance Group Ltd FI (0.46%). Insiders that own company stock include Currey M Russell, Denise R Singleton, James E Nevels, John L O'neal, Thomas Stigers and Vicki L Lostetter.
View institutional ownership trends
.

How do I buy shares of WestRock?

Shares of WRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does WestRock have any subsidiaries?
The following companies are subsidiares of WestRock: A.G. Industries, KapStone, MeadWestvaco, Multi Packaging Solutions, National Print Group, SP Fiber Holdings, Simpson Tacoma Paper Mill, Smurfit-Stone Container, Southern Container, WRK International Holdings Sarl, WRK Luxembourg Sarl, WestRock - Solvay LLC, WestRock CP LLC, WestRock Coated Board LLC, WestRock Converting LLC, WestRock Fulfillment Company, WestRock Holding Company III, WestRock Holdings B.V., WestRock Luxembourg S.A.R.L., WestRock MWV LLC, WestRock RKT LLC, WestRock Shared Services LLC, WestRock Southern Container LLC, and WestRockTimber Note Holding Company III.
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This page (NYSE:WRK) was last updated on 5/22/2024 by MarketBeat.com Staff

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