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

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$39.26 -1.06 (-2.63 %)
(As of 02/22/2019 07:10 AM ET)
Previous Close$40.32
Today's Range$39.0350 - $40.14
52-Week Range$35.20 - $67.96
Volume2.47 million shs
Average Volume2.88 million shs
Market Capitalization$10.03 billion
P/E Ratio9.60
Dividend Yield4.51%
Beta1.66
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$9.0670 per share
Book Value$45.48 per share

Profitability

Net Income$1.91 billion

Miscellaneous

Employees44,800
Market Cap$10.03 billion
Next Earnings Date4/26/2019 (Estimated)
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, February 4th. Stockholders of record on Friday, February 15th will be given a dividend of $0.455 per share on Monday, February 25th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date is Thursday, February 14th. View Westrock's Dividend History.

How were Westrock's earnings last quarter?

Westrock Co (NYSE:WRK) issued its quarterly earnings data on Thursday, January, 31st. The basic materials company reported $0.83 EPS for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.03. The basic materials company had revenue of $4.33 billion for the quarter, compared to analysts' expectations of $4.58 billion. Westrock had a return on equity of 9.12% and a net margin of 5.44%. View Westrock's Earnings History.

When is Westrock's next earnings date?

Westrock is scheduled to release their next quarterly earnings announcement on Friday, April 26th 2019. View Earnings Estimates for Westrock.

What price target have analysts set for WRK?

10 equities research analysts have issued 1-year target prices for Westrock's stock. Their predictions range from $42.00 to $63.00. On average, they anticipate Westrock's stock price to reach $51.8750 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price. View Analyst Price Targets for Westrock.

What is the consensus analysts' recommendation for Westrock?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westrock in the last year. There are currently 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 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 very negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Westrock earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term.

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), Alibaba Group (BABA), NVIDIA (NVDA), AbbVie (ABBV), DowDuPont (DWDP), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), salesforce.com (CRM), Cisco Systems (CSCO) 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, 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 BlackRock Inc. (8.78%), LSV Asset Management (2.29%), Boston Partners (1.75%), Oregon Public Employees Retirement Fund (1.48%), Geode Capital Management LLC (1.44%) and Bank of New York Mellon Corp (1.38%). 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, 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 Boston Partners, Meghalaya Partners L.P., Lakewood Capital Management LP, Thrivent Financial for Lutherans, Nuveen Asset Management LLC, State of New Jersey Common Pension Fund D, CI Investments Inc. and Toronto Dominion Bank. Company insiders that have sold Westrock company stock in the last year include Jeffrey Wayne Chalovich, John A Luke Jr and Robert A Feeser. 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 LSV Asset Management, Oregon Public Employees Retirement Fund, BlackRock Inc., Bank of New York Mellon Corp, Millennium Management LLC, Bank of Montreal Can, Prudential Financial Inc. and Two Sigma Advisers LP. 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 $39.26.

How big of a company is Westrock?

Westrock has a market capitalization of $10.03 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:  358 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  642
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 2/22/2019 by MarketBeat.com Staff

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