NYSE:WRK - Westrock Stock Price, News, & Analysis

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$41.42 +0.85 (+2.10 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$40.57
Today's Range$40.81 - $41.97
52-Week Range$35.20 - $71.55
Volume3.22 million shs
Average Volume2.99 million shs
Market Capitalization$10.29 billion
P/E Ratio10.13
Dividend Yield4.51%
Beta1.68
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. This segment also provides structural and graphic design, engineering services, and automated packaging machines; resells recovered paper and other products; and offers recycling services. Its corrugated packaging products are used to provide protective packaging for the shipment and distribution of food, paper, health and beauty, other household, consumer, commercial, and industrial products. The Consumer Packaging segment manufactures and sells folding and beverage cartons, displays, dispensing, interior partitions, inserts, and labels; bleached and recycled paperboards; express mail packages for the overnight courier industry; and secondary packages and paperboard packaging for the healthcare market. This segment also manufactures and sells solid fiber and corrugated partitions and die-cut paperboard components; temporary and permanent point-of-purchase displays for the consumer products and retail markets; and lithographic laminated packaging products, as well as provides contract packing services. The Land and Development segment owns, develops, and sells real estate properties primarily in Charleston, South Carolina. WestRock Company was founded in 2015 and is based in Atlanta, Georgia.

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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$9.3079 per share
Book Value$45.01 per share

Profitability

Net Income$1.91 billion

Miscellaneous

Employees44,800
Market Cap$10.29 billion
OptionableOptionable

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 declared a quarterly dividend on Monday, October 29th. Shareholders of record on Friday, November 9th will be paid a dividend of $0.455 per share on Monday, November 19th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date of this dividend is Thursday, November 8th. This is a positive change from Westrock's previous quarterly dividend of $0.43. View Westrock's Dividend History.

How were Westrock's earnings last quarter?

Westrock Co (NYSE:WRK) released its quarterly earnings data on Monday, November, 5th. The basic materials company reported $1.29 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.05. The basic materials company had revenue of $4.24 billion for the quarter, compared to analysts' expectations of $4.28 billion. Westrock had a return on equity of 9.26% and a net margin of 11.70%. The firm's quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 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 Thursday, January 31st 2019. View Earnings Estimates for Westrock.

What price target have analysts set for WRK?

11 brokers have issued 12-month price targets for Westrock's stock. Their predictions range from $42.00 to $85.00. On average, they anticipate Westrock's stock price to reach $59.8182 in the next year. This suggests a possible upside of 44.4% 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 8 hold ratings and 3 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 are reducing our already FY20 estimates for WestRock (WRK) to account for recent cost inflation and declines in U.S. containerboard export prices. Our Street-low estimates do not incorporate any domestic containerboard price declines in 2019 or beyond, which we consider a distinct possibility, but which have yet to happen. We reiterate our SW rating on valuation." (12/20/2018)
  • 2. According to Zacks Investment Research, "Backed by favorable demand, price and mix trends across its paper and packaging businesses for fiscal 2018, WestRock expects revenues of around $16.3 billion and adjusted segment EBITDA to come in above $2.9 billion in fiscal 2018. The U.S. Department of Justice has cleared WestRock's pending acquisition of KapStone through Whiskey Holdco, Inc. - the last antitrust approval required to complete the pending acquisition. The acquisition of rival, KapStone, is in sync with WestRock's existing operational footprint. The buyout should generate significant cost synergies and broaden the company’s paper packaging product offering. Productivity and performance improvement programs, along with cost-saving actions remain tailwinds. However, WestRock underperformed the industry in the past year. Higher debt following the KapStone acquisition and higher input costs remain headwinds." (11/17/2018)

Has Westrock been receiving favorable news coverage?

News coverage about WRK stock has been trending positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring 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 media sentiment score of 2.8 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of Westrock's key competitors?

Who are Westrock's key executives?

Westrock's management team includes the folowing people:
  • Mr. Steven C. Voorhees, CEO, Pres & Director (Age 64)
  • Mr. Ward H. Dickson, Exec. VP & CFO (Age 56)
  • Mr. James B. Porter III, Pres of Bus. Devel. & Latin America (Age 67)
  • Mr. Jeffrey Wayne Chalovich, Pres of Corrugated Packaging (Age 55)
  • Mr. Robert A. Feeser, Pres of Consumer Packaging (Age 56)

Who are Westrock's major shareholders?

Westrock's stock is owned by a number of of institutional and retail investors. Top institutional investors include Patten & Patten Inc. TN (0.51%), Gateway Investment Advisers LLC (0.10%), Kempner Capital Management Inc. (0.04%), Salem Capital Management Inc. (0.03%), Ferguson Wellman Capital Management Inc. (0.03%) and Union Bankshares Corp (0.03%). Company insiders that own Westrock stock include Arnold Stephen Meadows, James B Porter, Jeffrey Wayne Chalovich, Jennifer Graham-Johnson, John A Luke Jr, Robert A Feeser and Steven C Voorhees. View Institutional Ownership Trends for Westrock.

Which major investors are selling Westrock stock?

WRK stock was sold by a variety of institutional investors in the last quarter, including Steward Partners Investment Advisory LLC, Meeder Asset Management Inc., Gulf International Bank UK Ltd, Park National Corp OH, Alpha Omega Wealth Management LLC, Patten & Patten Inc. TN, First American Bank and Ferguson Wellman Capital Management Inc.. Company insiders that have sold Westrock company stock in the last year include James B Porter, Jeffrey Wayne Chalovich, John A Luke Jr, Robert A Feeser and Steven C Voorhees. View Insider Buying and Selling for Westrock.

Which major investors are buying Westrock stock?

WRK stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Sippican Capital Advisors, Virtu Financial LLC, DNB Asset Management AS, QUANTRES ASSET MANAGEMENT Ltd, Kempner Capital Management Inc., Salem Capital Management Inc. and First Hawaiian Bank. 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, Scottrade, Fidelity and Charles Schwab.

What is Westrock's stock price today?

One share of WRK stock can currently be purchased for approximately $41.42.

How big of a company is Westrock?

Westrock has a market capitalization of $10.29 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 44,800 workers across the globe.

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:  353 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  634
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 1/19/2019 by MarketBeat.com Staff

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