Westrock Company Company Profile (NYSE:WRK)

About Westrock Company

Westrock Company logoWestRock Company is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. The Company also develops real estate in the Charleston, South Carolina region. The Company's segments include Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment consists of its containerboard mill and corrugated packaging operations, as well as its recycling operations. The Consumer Packaging segment consists of consumer mills, folding carton, beverage, merchandising displays, home, health and beauty dispensing, and partition operations. The Land and Development segment is engaged in the development and sale of real estate primarily in Charleston, South Carolina. As of September 30, 2016, the Company owned approximately 61,000 acres of development landholdings primarily in the Charleston, South Carolina region. The Corrugated Packaging segment produces containerboard and high-graphics preprinted linerboard.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Packaging & Containers
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WRK
  • CUSIP:
Key Metrics:
  • Previous Close: $53.19
  • 50 Day Moving Average: $53.13
  • 200 Day Moving Average: $49.48
  • 52-Week Range: $32.19 - $56.12
  • Trailing P/E Ratio: 99.14
  • Foreward P/E Ratio: 17.58
  • P/E Growth: 2.23
  • Market Cap: $13.40B
  • Outstanding Shares: 251,199,000
  • Beta: 1.27
Profitability:
  • Net Margins: 0.96%
  • Return on Equity: 6.32%
  • Return on Assets: 2.71%
Debt:
  • Debt-to-Equity Ratio: 0.57%
  • Current Ratio: 1.81%
  • Quick Ratio: 1.07%
Additional Links:
Companies Related to Westrock Company:

Analyst Ratings

Consensus Ratings for Westrock Company (NYSE:WRK) (?)
Ratings Breakdown: 5 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $59.16 (10.72% upside)

Analysts' Ratings History for Westrock Company (NYSE:WRK)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017Bank of America CorpReiterated RatingBuy$65.00 -> $66.00View Rating Details
2/16/2017Credit Suisse GroupSet Price TargetBuy$66.00View Rating Details
2/15/2017KeyCorpReiterated RatingHoldView Rating Details
2/2/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformView Rating Details
1/26/2017Barclays PLCReiterated RatingEqual Weight$46.00 -> $50.00View Rating Details
1/25/2017Jefferies Group LLCReiterated RatingBuy$59.00 -> $64.00View Rating Details
1/25/2017BMO Capital MarketsReiterated RatingBuy$62.00View Rating Details
1/6/2017RBC Capital MarketsReiterated RatingHold$51.00View Rating Details
9/23/2016Deutsche Bank AGBoost Price TargetBuy$50.00 -> $53.00View Rating Details
9/22/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$53.00View Rating Details
8/31/2016Citigroup Inc.Boost Price TargetBuy$52.00 -> $56.00View Rating Details
4/20/2016Dundee SecuritiesDowngradeBuy -> NeutralView Rating Details
2/2/2016Royal Bank of CanadaLower Price TargetSector Perform$47.00 -> $40.00View Rating Details
11/30/2015Cantor FitzgeraldInitiated CoverageBuy$62.00View Rating Details
11/10/2015MacquarieInitiated CoverageNeutral$54.00View Rating Details
11/6/2015DA DavidsonUpgradeNeutral -> Buy$66.00View Rating Details
9/3/2015Longbow ResearchUpgradeNeutral -> Buy$69.00View Rating Details
8/25/2015Buckingham ResearchUpgradeNeutral -> Buy$70.00 -> $67.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Westrock Company (NYSE:WRK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017        
1/24/2017Q117$0.46$0.47$3.48 billion$3.45 billionViewN/AView Earnings Details
11/7/2016Q416$0.63$0.71$2.54 billion$3.61 billionViewListenView Earnings Details
8/4/2016Q316$0.66$0.71$3.70 billion$3.60 millionViewN/AView Earnings Details
4/29/2016Q2$0.52$0.61$3.74 million$3.70 millionViewListenView Earnings Details
1/28/2016Q1$0.58$0.59$3.71 million$3.68 billionViewListenView Earnings Details
11/4/2015Q4$0.95$0.93$4.02 billion$3.87 billionViewN/AView Earnings Details
7/30/2015Q3$1.03$1.15ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Westrock Company (NYSE:WRK)
Current Year EPS Consensus Estimate: $2.63 EPS
Next Year EPS Consensus Estimate: $3.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201611$0.48$0.86$0.64
Q2 20168$0.55$1.09$0.87
Q3 20165$0.61$1.11$0.81
Q4 20164$0.61$0.72$0.64
Q1 20173$0.47$0.48$0.47
Q2 20173$0.51$0.53$0.52
Q3 20173$0.76$0.88$0.81
Q4 20173$0.77$0.93$0.83
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Westrock Company (NYSE:WRK)
Annual Dividend:$1.60
Dividend Yield:2.99%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:301.89% (Based on Trailing 12 Months of Earnings)
60.84% (Based on Current Year Consensus EPS Estimate)
52.63% (Based on Next Year Consensus EPS Estimate)

Dividend History for Westrock Company (NYSE:WRK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017Quarterly$0.402.98%2/8/20172/10/20172/20/2017
11/7/2016quarterly$0.403.53%11/17/201611/21/201611/30/2016
8/1/2016quarterly$0.383.58%8/10/20168/12/20168/22/2016
4/25/2016quarterly$0.383.77%5/4/20165/6/20165/16/2016
2/3/2016quarterly$0.384.5%2/10/20162/12/20162/25/2016
11/2/2015quarterly$0.382.77%11/17/201511/19/201512/2/2015
7/24/2015$0.388/10/20158/12/20158/25/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Westrock Company (NYSE:WRK)
Insider Ownership Percentage: 2.68%
Institutional Ownership Percentage: 90.57%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/5/2016Robert A FeeserInsiderSell23,670$51.28$1,213,797.60View SEC Filing  
11/16/2016G Stephen FelkerDirectorSell10,000$50.00$500,000.00View SEC Filing  
11/10/2016James B PorterInsiderSell110,000$48.19$5,300,900.00View SEC Filing  
9/13/2016John A Luke JrDirectorSell188,103$46.62$8,769,361.86View SEC Filing  
2/5/2016J Powell BrownDirectorBuy6,000$32.19$193,140.00View SEC Filing  
2/5/2016Ward H DicksonCFOBuy3,000$34.01$102,030.00View SEC Filing  
1/14/2016James B PorterInsiderSell26,000$38.57$1,002,820.00View SEC Filing  
12/15/2015James B PorterInsiderSell39,000$44.60$1,739,400.00View SEC Filing  
9/15/2015Arnold Stephen MeadowsCAOSell5,000$59.70$298,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Westrock Company (NYSE:WRK)
DateHeadline
News IconSilvercrest Asset Management Group LLC Lowers Stake in Westrock Company (WRK) (NYSE:WRK)
www.graffiotech.com - February 23 at 3:45 AM
News IconThe WestRock Co (wrk) To Go Ex-Dividend on February 8th (NYSE:WRK)
mundoaguaysaneamiento.net - February 23 at 3:45 AM
News IconWestrock Company (WRK) PT Set at $66.00 by Credit Suisse Group (NYSE:WRK)
prensariotiretail.com - February 23 at 3:45 AM
News IconWhy Investors remained confident on DISH Network Corporation (DISH), WestRock Company (WRK)? - StockNewsJournal (NYSE:WRK)
www.stocknewsjournal.com - February 21 at 4:14 PM
News IconToyota again named the 'World's Most Admired' Motor Vehicle Company by FORTUNE (NYSE:WRK)
hoyentv.com - February 17 at 5:15 PM
globenewswire.com logoWestRock Named to Fortune's World's Most Admired Company List - GlobeNewswire (press release) (NYSE:WRK)
globenewswire.com - February 17 at 8:08 AM
News IconDividend Growth of Westrock Company(WRK) - Highland Mirror (NYSE:WRK)
www.highlandmirror.com - February 17 at 8:08 AM
finance.yahoo.com logoWestRock Named to Fortune’s World’s Most Admired Company List (NYSE:WRK)
finance.yahoo.com - February 17 at 8:07 AM
News IconAnalyst Earnings Forecast Coverage: WestRock Company (WRK) (NYSE:WRK)
xboxonezone.com - February 15 at 6:54 AM
News IconWestRock Company (WRK): Is it now really a good time to buy? (NYSE:WRK)
simplywall.st - February 13 at 1:22 AM
finance.yahoo.com logoWESTROCK CO Financials (NYSE:WRK)
finance.yahoo.com - February 12 at 7:43 AM
News IconDrilling Down Into the Charts for WestRock Company (WRK) - The USA Commerce (NYSE:WRK)
theusacommerce.com - February 11 at 6:22 AM
News IconWhat Analysts are Predicting For WestRock Company (WRK), The Hershey Company (HSY)? - The USA Commerce (NYSE:WRK)
theusacommerce.com - February 11 at 6:22 AM
capitalcube.com logoWestRock Co. breached its 50 day moving average in a Bearish Manner : WRK-US : February 10, 2017 (NYSE:WRK)
www.capitalcube.com - February 11 at 6:22 AM
biz.yahoo.com logoWESTROCK CO Files SEC form 10-Q, Quarterly Report (NYSE:WRK)
biz.yahoo.com - February 9 at 6:46 AM
News IconLooking Closer at Shares of Westrock Company Common Stock W (WRK) - Davidson Register (NYSE:WRK)
davidsonregister.com - February 7 at 4:09 PM
News IconAnalyst's Predictions on Chipotle Mexican Grill, Inc. (CMG), WestRock Company (WRK) - StockNewsJournal (NYSE:WRK)
stocknewsjournal.com - February 7 at 4:09 PM
nasdaq.com logoWestrock Company (WRK) Ex-Dividend Date Scheduled for February 08, 2017 - Nasdaq (NYSE:WRK)
www.nasdaq.com - February 7 at 4:09 PM
moodys.com logoSilgan Holdings Inc. -- Moody's downgrades Silgan's CFR to Ba2, concludes review, rates new notes; outlook stable (NYSE:WRK)
www.moodys.com - February 7 at 4:09 PM
News IconAnalyst Observation On 2 Stocks: Lamb Weston Holdings, Inc. (LW ... - Post Analyst (NYSE:WRK)
postanalyst.com - February 7 at 5:10 AM
News IconLeading stocks in today’s market: WestRock Company (NYSE:WRK) (NYSE:WRK)
twincountynews.com - February 5 at 4:31 AM
News IconWestRock Company (NYSE:WRK) from Packaging & Containers – Todays Top Gains (NYSE:WRK)
twincountynews.com - February 4 at 6:29 AM
finance.yahoo.com logoWestRock upgraded by Wells Fargo (NYSE:WRK)
finance.yahoo.com - February 3 at 6:49 AM
nasdaq.com logoWestRock (WRK) Shares Cross 3% Yield Mark - Nasdaq - Nasdaq (NYSE:WRK)
www.nasdaq.com - January 31 at 8:06 AM
marketrealist.com logoWestRock Company Declared Dividend of $0.40 per Share - Market Realist (NYSE:WRK)
marketrealist.com - January 31 at 8:06 AM
News IconPackaging & Containers: WestRock Company (NYSE:WRK) Position of the day (NYSE:WRK)
twincountynews.com - January 30 at 12:03 AM
News IconLooking at the Numbers for WestRock Company (NYSE:WRK) - Gilbert Daily (NYSE:WRK)
gilbertdaily.com - January 29 at 6:16 AM
News IconIs WestRock Company (NYSE:WRK), a large market cap stock a smart buy? (NYSE:WRK)
twincountynews.com - January 27 at 4:09 PM
finance.yahoo.com logoWestRock Announces Quarterly Dividend of $0.40 Per Share (NYSE:WRK)
finance.yahoo.com - January 27 at 4:09 PM
seekingalpha.com logoWestRock Co' (WRK) CEO Steve Voorhees on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha (NYSE:WRK)
seekingalpha.com - January 27 at 6:49 AM
News IconUpdate on WestRock Company (NYSE:WRK) for the day (NYSE:WRK)
twincountynews.com - January 25 at 9:58 PM
bizjournals.com logoN.Y.C. specialty print packaging manufacturer is sold in $2.3 billion deal (NYSE:WRK)
www.bizjournals.com - January 25 at 9:58 PM
seekingalpha.com logoWestRock acquires Multi Packaging Solutions (NYSE:WRK)
seekingalpha.com - January 25 at 4:57 PM
News IconRevenue Estimates Analysis: Multi Packaging Solutions International Limited (NYSE:MPSX) (NYSE:WRK)
larampadinapoli.com - January 25 at 4:57 PM
News IconWhy is WestRock Company (WRK) intrinsic value above its January share price? (NYSE:WRK)
simplywall.st - January 25 at 4:57 PM
News IconThe Rothschild Asset Management Inc. Has $12126000 Position in Westrock Company (WRK) (NYSE:WRK)
thecelebritytruth.com - January 25 at 4:57 PM
News IconStock Pounding Higher to Brand New Heights: WestRock Company (NYSE:WRK) (NYSE:WRK)
perspectivabetica.com - January 25 at 4:57 PM
us.rd.yahoo.com logoEdited Transcript of WRK earnings conference call or presentation 24-Jan-17 1:30pm GMT (NYSE:WRK)
us.rd.yahoo.com - January 25 at 4:57 PM
biz.yahoo.com logoWESTROCK CO Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements and Ex (NYSE:WRK)
us.rd.yahoo.com - January 25 at 4:57 PM
marketrealist.com logoWho Were the Outliers in the Consumer Space on January 23? (NYSE:WRK)
marketrealist.com - January 25 at 4:57 PM
marketrealist.com logoWhat’s the Latest News on WestRock Company? (NYSE:WRK)
marketrealist.com - January 25 at 4:57 PM
moodys.com logoWestRock Company -- Moody's says WestRock's Acquisition of Multi Packaging Solutions Is Credit Positive (NYSE:WRK)
www.moodys.com - January 25 at 4:57 PM
capitalcube.com logoWestRock Co. :WRK-US: Earnings Analysis: Q1, 2017 By the Numbers : January 25, 2017 (NYSE:WRK)
www.capitalcube.com - January 25 at 4:57 PM
finance.yahoo.com logoT. Rowe Price Equity Income Fund Divests WestRock in 4th Quarter (NYSE:WRK)
finance.yahoo.com - January 25 at 4:57 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of WestRock Company (NYSE:WRK)
finance.yahoo.com - January 25 at 4:57 PM
bizjournals.com logoGlobal manufacturer with Louisville operations to be acquired in $2.3B deal (NYSE:WRK)
www.bizjournals.com - January 25 at 4:57 PM
News IconEarnings in Full Force, Analysts Take Aim at WestRock Co (NYSE:WRK) - Wall Street Beacon (NYSE:WRK)
wsbeacon.com - January 24 at 8:33 PM
marketrealist.com logoWhat's the Latest News on WestRock Company? - Market Realist (NYSE:WRK)
marketrealist.com - January 24 at 8:33 PM
sg.finance.yahoo.com logoWestRock beats 1Q profit forecasts (NYSE:WRK)
sg.finance.yahoo.com - January 24 at 3:31 PM
finance.yahoo.com logoPackaging company WestRock to buy smaller rival for $1.39 bln (NYSE:WRK)
finance.yahoo.com - January 24 at 3:31 PM

Social

What is Westrock Company's stock symbol?

Westrock Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRK."

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

Westrock Company declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, February 10th will be paid a dividend of $0.40 per share on Monday, February 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend is Wednesday, February 8th.

Where is Westrock Company's stock going? Where will Westrock Company's stock price be in 2017?

12 analysts have issued 12 month price targets for Westrock Company's stock. Their predictions range from $50.00 to $70.56. On average, they anticipate Westrock Company's share price to reach $59.16 in the next year.

When will Westrock Company announce their earnings?

Westrock Company is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

What are analysts saying about Westrock Company stock?

Here are some recent quotes from research analysts about Westrock Company stock:

  • According to Zacks Investment Research, "WestRock’s first-quarter fiscal 2017 adjusted earnings beat the Zacks Consensus Estimate by 4% while revenues fell short by 1%. In the fiscal second-quarter 2017, WestRock expects sequential earnings to be higher, benefitting from seasonally higher volumes in both consumer and corrugated as well as four more box shipping days and less maintenance downtime. However, higher input costs including wage inflation will affect results in the second quarter. As recycled fiber prices and energy continue to rise, rising input costs is likely to weigh on margins in the rest of the quarters in fiscal 2017 as well. Further, merger-related expenses, weak primary demand for processed, frozen, and dry foods and carbonated soft drinks as well as a stronger dollar may weigh on WestRock’s near-term results. WestRock has underperformed the Zacks categorized Paper and Paper Products sub industry in the past one year." (1/31/2017)

  • Jefferies Group LLC analysts commented, "With the stock trading with a 10% PF FCF yield and mgmt doing a good job unlocking value with the HH&B divestiture and acquisition of MPSX, we remain comfortable with our Buy. While higher input costs are muting the impact of the fall containerboard price increase, given the tightness of the market, we could see a spring price hike which provide could meaningful upside to our estimates." (1/25/2017)
  • Credit Suisse Group analysts commented, "We believe WRK in part will offset these pressures with the integration of the Carolina brand (expected to increase to 150k in FQ3 from 12k in FQ2) and share gains in folding cartons, which should help WRK to outperform the market and maintain high operating efficiency and improve cost. Catalysts: FQ3 16 results in July." (5/3/2016)

Who owns Westrock Company stock?

Westrock Company's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (7.37%), State Street Corp (6.24%), Franklin Resources Inc. (1.57%), Dimensional Fund Advisors LP (1.00%), Investec Asset Management LTD (0.62%) and Guggenheim Capital LLC (0.52%). Company insiders that own Westrock Company stock include Arnold Stephen Meadows, G Stephen Felker, J Powell Brown, James B Porter, John A Luke Jr, Robert A Feeser and Ward H Dickson.

Who sold Westrock Company stock? Who is selling Westrock Company stock?

Westrock Company's stock was sold by a variety of institutional investors in the last quarter, including Ruffer LLP, Systematic Financial Management LP, Thrivent Financial for Lutherans, Franklin Resources Inc., Guggenheim Capital LLC, Advisory Research Inc., FMR LLC and State Street Corp. Company insiders that have sold Westrock Company stock in the last year include G Stephen Felker, James B Porter, John A Luke Jr and Robert A Feeser.

Who bought Westrock Company stock? Who is buying Westrock Company stock?

Westrock Company's stock was purchased by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Asset Management One Co. Ltd., Two Sigma Investments LP, Russell Investments Group Ltd., AQR Capital Management LLC, Loomis Sayles & Co. L P, TCW Group Inc. and A.R.T. Advisors LLC. Company insiders that have bought Westrock Company stock in the last two years include J Powell Brown and Ward H Dickson.

How do I buy Westrock Company stock?

Shares of Westrock Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Westrock Company stock cost?

One share of Westrock Company stock can currently be purchased for approximately $53.43.

Westrock Company (NYSE:WRK) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Westrock Company (NYSE:WRK)

Earnings History Chart

Earnings by Quarter for Westrock Company (NYSE:WRK)

Dividend History Chart

Dividend Payments by Quarter for Westrock Company (NYSE:WRK)

Last Updated on 2/24/2017 by MarketBeat.com Staff