NYSE:WRK - Westrock Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Westrock Co Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $40.53 -0.22 (-0.54 %) (As of 02/18/2020 08:08 AM ET) Add Compare Today's Range$40.49Now: $40.53▼$41.0650-Day Range$39.00MA: $41.65▼$43.6852-Week Range$31.94Now: $40.53▼$44.39Volume1.27 million shsAverage Volume2.15 million shsMarket Capitalization$10.48 billionP/E Ratio12.17Dividend Yield4.59%Beta1.77 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Stock Exchange NYSE Industry Paperboard containers & boxes Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:WRK Previous Symbol CUSIPN/A CIK1636023 Webhttp://www.westrock.com/ Phone770-448-2193Debt Debt-to-Equity Ratio0.81 Current Ratio1.44 Quick Ratio0.80Price-To-Earnings Trailing P/E Ratio12.17 Forward P/E Ratio12.47 P/E Growth2.91 Sales & Book Value Annual Sales$18.29 billion Price / Sales0.57 Cash Flow$9.89 per share Price / Cash Flow4.10 Book Value$45.46 per share Price / Book0.89Profitability EPS (Most Recent Fiscal Year)$3.98 Net Income$862.90 million Net Margins4.69% Return on Equity8.23% Return on Assets3.16%Miscellaneous Employees51,100 Outstanding Shares258,460,000Market Cap$10.48 billion Next Earnings Date5/5/2020 (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. WRK Rates by TradingView 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, February 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.465 per share on Wednesday, February 26th. This represents a $1.86 annualized dividend and a dividend yield of 4.59%. The ex-dividend date is Thursday, February 13th. View Westrock's Dividend History. How were Westrock's earnings last quarter? Westrock Co (NYSE:WRK) announced its earnings results on Thursday, January, 30th. The basic materials company reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.59 by $0.01. The basic materials company earned $4.42 billion during the quarter, compared to analyst estimates of $4.38 billion. Westrock had a return on equity of 8.23% and a net margin of 4.69%. The firm's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.83 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 Tuesday, May 5th 2020. View Earnings Estimates for Westrock. What price target have analysts set for WRK? 8 brokers have issued 12-month price targets for Westrock's stock. Their forecasts range from $34.00 to $52.00. On average, they anticipate Westrock's share price to reach $45.50 in the next year. This suggests a possible upside of 12.3% 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 coverage about WRK stock has trended somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Westrock earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Westrock. Are investors shorting Westrock? Westrock saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 4,260,000 shares, a decrease of 10.3% from the January 15th total of 4,750,000 shares. Based on an average daily trading volume, of 2,450,000 shares, the short-interest ratio is currently 1.7 days. Approximately 1.7% of the company's shares 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), SHOWA DENKO KK/ADR (SHWDY), Newmont Goldcorp (NEM), Barrick Gold (GOLD), BHP Group (BHP), Fortescue Metals Group (FMG), GIVAUDAN SA/ADR (GVDNY), Nutrien (NTR), Glencore (GLEN), Southern Copper (SCCO), Franco Nevada (FNV), Anglo American (AAL), PPG Industries (PPG), LyondellBasell Industries (LYB) and Nutrien (NTR). What other stocks do shareholders of Westrock own? Based on aggregate information from My MarketBeat watchlists, some companies that other Westrock investors own include AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), CVS Health (CVS), Cisco Systems (CSCO), Micron Technology (MU), Exxon Mobil (XOM), NVIDIA (NVDA), QUALCOMM (QCOM) and Pfizer (PFE). 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 number of of institutional and retail investors. Top institutional investors include State Street Corp (4.68%), LSV Asset Management (2.29%), Pictet Asset Management Ltd. (1.33%), Goldman Sachs Group Inc. (1.14%), Bank of New York Mellon Corp (1.07%) and Charles Schwab Investment Management Inc. (0.72%). 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 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 Lakewood Capital Management LP, Bank of New York Mellon Corp, Renaissance Technologies LLC, First Trust Advisors LP, FMR LLC, Cubist Systematic Strategies LLC, Franklin Resources Inc. and LSV Asset Management. 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 bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Goldman Sachs Group Inc., Pictet Asset Management Ltd., Marshall Wace North America L.P., Capital Advisors Inc. OK, Lord Abbett & CO. LLC, Marshall Wace LLP and CHURCHILL MANAGEMENT Corp. 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 $40.53. How big of a company is Westrock? Westrock has a market capitalization of $10.48 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? 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: 2.7 out of 5 ( )Outperform Votes: 425 (Vote Outperform)Underperform Votes: 362 (Vote Underperform)Total Votes: 787MarketBeat'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 2/18/2020 by MarketBeat.com StaffFeatured Article: What is the outlook for the FAANG stocks?
