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

$36.16
+0.25 (+0.70 %)
(As of 09/24/2019 06:00 AM ET)
Today's Range
$35.40
Now: $36.16
$36.30
50-Day Range
$32.34
MA: $34.88
$39.19
52-Week Range
$31.94
Now: $36.16
$56.39
Volume1.90 million shs
Average Volume2.46 million shs
Market Capitalization$9.29 billion
P/E Ratio8.84
Dividend Yield5.07%
Beta1.62
WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, Australia, and Asia. The company operates through three segments: Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers. Read More…

Industry, Sector and Symbol

Industry Paperboard containers & boxes
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone770-448-2193

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.29 billion
Cash Flow$9.1313 per share
Book Value$45.01 per share

Profitability

Net Income$1.91 billion

Miscellaneous

Employees45,100
Market Cap$9.29 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

Receive WRK News and Ratings via Email

Sign-up to receive the latest news and ratings for WRK and its competitors with MarketBeat's FREE daily newsletter.


Westrock (NYSE:WRK) Frequently Asked Questions

What is Westrock's stock symbol?

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

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

Westrock announced a quarterly dividend on Friday, July 26th. Shareholders of record on Friday, August 9th will be given a dividend of $0.455 per share on Tuesday, August 20th. This represents a $1.82 annualized dividend and a yield of 5.03%. The ex-dividend date is Thursday, August 8th. View Westrock's Dividend History.

How were Westrock's earnings last quarter?

Westrock Co (NYSE:WRK) issued its quarterly earnings results on Thursday, August, 1st. The basic materials company reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.09. The basic materials company had revenue of $4.69 billion for the quarter, compared to analysts' expectations of $4.83 billion. Westrock had a return on equity of 8.97% and a net margin of 4.65%. The firm's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 earnings per share. View Westrock's Earnings History.

When is Westrock's next earnings date?

Westrock is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Westrock.

What price target have analysts set for WRK?

11 brokerages have issued twelve-month target prices for Westrock's shares. Their predictions range from $32.00 to $54.00. On average, they expect Westrock's stock price to reach $45.7778 in the next year. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Westrock.

What is the consensus analysts' recommendation for Westrock?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westrock in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westrock.

What are Wall Street analysts saying about Westrock stock?

Here are some recent quotes from research analysts about Westrock stock:
  • 1. KeyCorp analysts commented, "We’re maintaining our FY19 adj. EBITDA estimate as we were already below the midpoint of guidance, as well as our well below-consensus FY20 adj. EBITDA estimate; we’re raising our FY20 free cash flow estimate on more favorable working capital. WRK will presumably issue FY20 adj. EBITDA and cash flow guidance on its upcoming F4Q19 call. We’re maintaining our FY19 adj. EBITDA estimate of $3.241B (guidance is ~$3.25B at the midpoint) and FY20 estimate of $2.915B (a substantial ~7% below consensus of $3.143B according to Bloomberg). In FY20, WRK should benefit from additional KapStone synergies (we assume $50M-$60M), recent capital projects ($70M of expected EBITDA benefits), and the non-recurrence of costs associated with those capital projects (which totaled $36M in the past two quarters)." (9/23/2019)
  • 2. According to Zacks Investment Research, "WestRock reported year-over-year improvement in both third-quarter 2019 adjusted earnings per share (EPS) and revenues. While the bottom line beat the Zacks Consensus Estimate, the top line missed the same. The company projects adjusted segment EBITDA in the fourth quarter of fiscal 2019 to be between $880 million and $925 million. Benefits from higher sequential seasonal volumes across both segments will be offset by lower containerboard prices. The company’s implied guidance for fiscal 2019 adjusted EBITDA is at around $3.25 billion, down from $3.3 billion-$3.4 billion. In fiscal 2019 higher maintenance downtime compared with the prior year will impact results. Further, the folding carton markets remain challenged by weak demand for processed, frozen, and dry foods. WestRock has underperformed the industry in the past year." (8/8/2019)

Has Westrock been receiving favorable news coverage?

Press coverage about WRK stock has trended somewhat negative this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Westrock earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Westrock.

Who are some of Westrock's key competitors?

What other stocks do shareholders of Westrock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westrock investors own include Micron Technology (MU), AbbVie (ABBV), CVS Health (CVS), AT&T (T), NVIDIA (NVDA), Cisco Systems (CSCO), Alibaba Group (BABA), Walt Disney (DIS), Verizon Communications (VZ) and Walmart (WMT).

Who are Westrock's key executives?

Westrock's management team includes the folowing people:
  • Mr. Steven C. Voorhees, CEO, Pres & Director (Age 65)
  • Mr. Ward H. Dickson, Exec. VP & CFO (Age 57)
  • Mr. James B. Porter III, Pres of Bus. Devel. & Latin America (Age 68)
  • Mr. Jeffrey Wayne Chalovich, Chief Commercial Officer & Pres of Corrugated Packaging (Age 56)
  • Mr. Robert A. Feeser, Pres of Consumer Packaging (Age 57)

Who are Westrock's major shareholders?

Westrock's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.23%), BlackRock Inc. (12.23%), Vanguard Group Inc. (11.35%), JPMorgan Chase & Co. (3.37%), LSV Asset Management (2.41%) and Invesco Ltd. (1.47%). Company insiders that own Westrock stock include Currey M Russell, James B Porter, Jeffrey Wayne Chalovich, Jennifer Graham-Johnson, John A Luke Jr, Robert A Feeser, Steven C Voorhees and Ward H Dickson. View Institutional Ownership Trends for Westrock.

Which institutional investors are selling Westrock stock?

WRK stock was sold by a variety of institutional investors in the last quarter, including Quest Capital Management Inc. ADV, JPMorgan Chase & Co., Bank of Montreal Can, Balyasny Asset Management LLC, Point72 Asset Management L.P., Acadian Asset Management LLC, Natixis and Natixis. Company insiders that have sold Westrock company stock in the last year include John A Luke Jr and Robert A Feeser. View Insider Buying and Selling for Westrock.

Which institutional investors are buying Westrock stock?

WRK stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Impax Asset Management Group plc, Vanguard Group Inc., Marshall Wace North America L.P., BlackRock Inc., BlackRock Inc. and Pictet Asset Management Ltd.. Company insiders that have bought Westrock stock in the last two years include Currey M Russell and Ward H Dickson. View Insider Buying and Selling for Westrock.

How do I buy shares of Westrock?

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

What is Westrock's stock price today?

One share of WRK stock can currently be purchased for approximately $36.16.

How big of a company is Westrock?

Westrock has a market capitalization of $9.29 billion and generates $16.29 billion in revenue each year. The basic materials company earns $1.91 billion in net income (profit) each year or $4.09 on an earnings per share basis. Westrock employs 45,100 workers across the globe.View Additional Information About Westrock.

What is Westrock's official website?

The official website for Westrock is http://www.westrock.com/.

How can I contact Westrock?

Westrock's mailing address is 1000 ABERNATHY ROAD NE, ATLANTA GA, 30328. The basic materials company can be reached via phone at 770-448-2193 or via email at [email protected]


MarketBeat Community Rating for Westrock (NYSE WRK)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  392 (Vote Outperform)
Underperform Votes:  319 (Vote Underperform)
Total Votes:  711
MarketBeat's community ratings are surveys of what our community members think about Westrock and other stocks. Vote "Outperform" if you believe WRK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WRK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel