WestRock Stock Price, News & Analysis (NYSE:WRK)

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WestRock in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WRK shares.
View WRK analyst ratings or view top-rated stocks.

7 brokerages have issued twelve-month price targets for WestRock's shares. Their WRK share price targets range from $32.00 to $42.00. On average, they expect the company's stock price to reach $37.57 in the next year. This suggests that the stock has a possible downside of 8.7%.
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WestRock's stock was trading at $35.16 on January 1st, 2023. Since then, WRK shares have increased by 17.1% and is now trading at $41.16.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
View our WRK earnings forecast.

WestRock (NYSE:WRK) posted its quarterly earnings results on Thursday, November, 9th. The basic materials company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.06. The basic materials company had revenue of $5 billion for the quarter, compared to analysts' expectations of $5.11 billion. WestRock had a negative net margin of 8.12% and a positive trailing twelve-month return on equity of 7.52%. The firm's revenue was down 7.4% compared to the same quarter last year. During the same period last year, the business earned $1.43 EPS.

WestRock declared a quarterly dividend on Friday, October 27th. Investors of record on Monday, November 13th will be paid a dividend of $0.3025 per share on Tuesday, November 21st. This represents a $1.21 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend is Friday, November 10th. This is an increase from the stock's previous quarterly dividend of $0.28.
Read our dividend analysis for WRK.

WestRock (NYSE:WRK) pays an annual dividend of $1.21 per share and currently has a dividend yield of 2.95%.
Read our dividend analysis for WRK.

ETFs with the largest weight of WestRock (NYSE:WRK) stock in their portfolio include iShares Global Timber & Forestry ETF (WOOD), Invesco MSCI Global Timber ETF (CUT), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Invesco S&P 500 Equal Weight Materials ETF (RTM), Goldman Sachs Future Planet Equity ETF (GSFP), iShares Emergent Food and AgTech Multisector ETF (IVEG), Invesco S&P 500 Pure Value ETF (RPV) and AAM S&P 500 High Dividend Value ETF (SPDV).

WestRock declared that its Board of Directors has approved a stock buyback plan on Thursday, May 5th 2022, which authorizes the company to buyback 25,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

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.

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).

WestRock's stock is owned by a number of retail and institutional investors. Top institutional investors include Greenhaven Associates Inc. (5.28%), Invesco Ltd. (2.00%), Nordea Investment Management AB (1.95%), LSV Asset Management (1.55%), Massachusetts Financial Services Co. MA (1.55%) and JPMorgan Chase & Co. (1.15%). Insiders that own company stock include Currey M Russell, James E Nevels, Jeffrey Wayne Chalovich, John L O'neal and Thomas Stigers.
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Shares of WRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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