WestRock (WRK) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WestRock in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRK, but not buy additional shares or sell existing shares.
View WRK analyst ratings or view top-rated stocks.

8 analysts have issued 1 year price targets for WestRock's shares. Their WRK share price forecasts range from $27.00 to $42.00. On average, they predict the company's share price to reach $33.57 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for WRK or view top-rated stocks among Wall Street analysts.

WestRock's stock was trading at $35.16 at the beginning of the year. Since then, WRK stock has decreased by 19.0% and is now trading at $28.47.
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WestRock saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,730,000 shares, a decline of 22.6% from the April 15th total of 4,820,000 shares. Based on an average trading volume of 2,340,000 shares, the short-interest ratio is currently 1.6 days. Approximately 1.5% of the shares of the stock are short sold.
View WestRock's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our WRK earnings forecast.

WestRock (NYSE:WRK) posted its quarterly earnings results on Thursday, May, 4th. The basic materials company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.26. The basic materials company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.23 billion. WestRock had a positive trailing twelve-month return on equity of 9.98% and a negative net margin of 5.86%. The business's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period last year, the firm posted $1.17 EPS.
Read the conference call transcript.

WestRock declared a quarterly dividend on Friday, April 28th. Stockholders of record on Thursday, May 11th will be given a dividend of $0.275 per share on Thursday, May 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Wednesday, May 10th.
Read our dividend analysis for WRK.

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

WestRock (NYSE:WRK) pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.86%.
Read our dividend analysis for WRK.

WestRock announced that its board has initiated a share repurchase plan on Thursday, May 5th 2022, which authorizes the company to repurchase 25,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRK."

WestRock's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.36%), Greenhaven Associates Inc. (4.98%), State Street Corp (4.08%), Price T Rowe Associates Inc. MD (3.64%), Geode Capital Management LLC (2.08%) and Impax Asset Management Group plc (2.05%). Insiders that own company stock include Currey M Russell, James B Porter, James E Nevels, Jeffrey Wayne Chalovich, John L O'neal and Thomas Stigers.
View institutional ownership trends.

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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One share of WRK stock can currently be purchased for approximately $28.47.

WestRock (NYSE:WRK) has a market capitalization of $7.29 billion and generates $21.26 billion in revenue each year. The basic materials company earns $944.60 million in net income (profit) each year or ($4.86) on an earnings per share basis.

The company employs 50,500 workers across the globe.

WestRock's mailing address is 1000 ABERNATHY ROAD NE, ATLANTA GA, 30328. The official website for the company is www.westrock.com. The basic materials company can be reached via phone at (770) 448-2193, via email at james.armstrong@westrock.com, or via fax at 804-327-6363.