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.
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Industry, Sector and Symbol
Industry Paperboard containers & boxes
Sub-IndustryN/A
SectorBasic Materials
Phone770-448-2193
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$18.29 billion
Profitability
Miscellaneous
Employees51,100
Next Earnings Date1/30/2020 (Confirmed)
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 Thursday, November 7th. Shareholders of record on Tuesday, November 19th will be given a dividend of $0.465 per share on Tuesday, December 3rd. This represents a $1.86 annualized dividend and a yield of 4.54%. The ex-dividend date is Monday, November 18th. This is a boost from Westrock's previous quarterly dividend of $0.38. View Westrock's Dividend History.
How were Westrock's earnings last quarter?
Westrock Co (NYSE:WRK) issued its earnings results on Thursday, November, 7th. The basic materials company reported $1.24 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.19 by $0.05. The basic materials company earned $4.65 billion during the quarter, compared to the consensus estimate of $4.84 billion. Westrock had a net margin of 4.72% and a return on equity of 8.81%. The company's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 earnings per share. View Westrock's Earnings History.
When is Westrock's next earnings date?
How can I listen to Westrock's earnings call?
Westrock will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for WRK?
8 analysts have issued twelve-month price objectives for Westrock's shares. Their forecasts range from $34.00 to $52.00. On average, they anticipate Westrock's stock price to reach $45.50 in the next year. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for Westrock.
What is the consensus analysts' recommendation for Westrock?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westrock in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. According to Zacks Investment Research, "WestRock projects adjusted segment EBITDA at $880-$925 million for fourth-quarter fiscal 2019. Benefits from higher sequential seasonal volumes across both segments will be offset by lower containerboard prices. The company’s guidance for fiscal 2019 adjusted EBITDA is at $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. The estimates for the current quarter and fiscal have thus undergone negative revisions lately. Nevertheless, the acquisition of KapStone is likely to generate significant cost synergies and expand its paper packaging product offering in the days ahead. Productivity and performance improvement programs and cost-saving actions remain tailwinds. The company also remains focused on lowering debt levels." (10/14/2019)
- 2. 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)
Has Westrock been receiving favorable news coverage?
News headlines about WRK stock have been trending somewhat positive recently, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Westrock earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Westrock.
Are investors shorting Westrock?
Westrock saw a increase in short interest in December. As of December 31st, there was short interest totalling 4,750,000 shares, an increase of 6.5% from the December 15th total of 4,460,000 shares. Based on an average trading volume of 2,430,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.9% of the shares of the stock are short sold. View Westrock's Current Options Chain.
Who are some of Westrock's key competitors?
Some companies that are related to Westrock include Anglo American (NGLOY), Fortescue Metals Group (FMG), SHOWA DENKO KK/ADR (SHWDY), BHP Group (BHP), Newmont Goldcorp (NEM), Nutrien (NTR), Barrick Gold (GOLD), Southern Copper (SCCO), Glencore (GLEN), PPG Industries (PPG), GIVAUDAN SA/ADR (GVDNY), Anglo American (AAL), LyondellBasell Industries (LYB), Imperial Oil (IMO) and Nutrien (NTR).
What other stocks do shareholders of Westrock own?
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 a variety of of institutional and retail investors. Top institutional investors include Patten & Patten Inc. TN (0.49%), Strs Ohio (0.20%), New York State Teachers Retirement System (0.15%), CHURCHILL MANAGEMENT Corp (0.12%), Exchange Traded Concepts LLC (0.11%) and Janney Capital Management LLC (0.11%). Company insiders that own Westrock stock include Currey M Russell, James B Porter, James E Nevels, Jeffrey Wayne Chalovich, John A Luke Jr, Robert A Feeser, Steven C Voorhees and Ward H Dickson. 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 Gateway Investment Advisers LLC, Telemus Capital LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Winslow Evans & Crocker Inc., Nippon Life Global Investors Americas Inc., State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank and Zeke Capital Advisors LLC. Company insiders that have sold Westrock company stock in the last year include James B Porter and John A Luke Jr. 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 CHURCHILL MANAGEMENT Corp, Exchange Traded Concepts LLC, Janney Capital Management LLC, Private Capital Advisors Inc., Granite Investment Advisors LLC, Artemis Investment Management LLP, Sage Capital Advisors llc and Canal Capital Management LLC. Company insiders that have bought Westrock stock in the last two years include Currey M Russell, James E Nevels 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 $40.94.
How big of a company is Westrock?
Westrock has a market capitalization of $10.56 billion and generates $18.29 billion in revenue each year. The basic materials company earns $862.90 million in net income (profit) each year or $3.98 on an earnings per share basis. Westrock employs 51,100 workers across the globe.View Additional Information About Westrock.
What is Westrock's official website?
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)
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.
