Westrock Company Company Profile (NYSE:WRK)

Westrock Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRK."

Westrock Company declared a quarterly dividend on Friday, April 21st. Shareholders of record on Friday, May 5th will be given a dividend of $0.40 per share on Monday, May 15th. This represents a $1.60 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Wednesday, May 3rd. View Westrock Company's Dividend History.

Westrock Company (NYSE:WRK) released its quarterly earnings results on Wednesday, April, 26th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.07. The business had revenue of $3.66 billion for the quarter, compared to analysts' expectations of $3.59 billion. Westrock Company had a return on equity of 6.35% and a net margin of 1.29%. The firm's revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 earnings per share. View Westrock Company's Earnings History.

Westrock Company is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Westrock Company.

11 brokers have issued twelve-month target prices for Westrock Company's shares. Their forecasts range from $52.00 to $66.00. On average, they anticipate Westrock Company's stock price to reach $61.11 in the next twelve months. View Analyst Ratings for Westrock Company.

Here are some recent quotes from research analysts about Westrock Company stock:

• 1. Jefferies Group LLC analysts commented, "We hosted investors meetings with mgmt last week and walked away constructive on the value creation opportunity from MPSX, market conditions in its core markets, and WRK's disciplined approach on capital deployment. While the sharper-than-anticipated uptick in OCC prices in March may give investors pause, WRK is trading with a 11.7% 2018E FCF yield, and to normalize the noise the FCF/share CAGR in 2017E and 2018E is 23%. 11.7% 2018E FCF yield, highest in the group." (3/7/2017)
• 2. According to Zacks Investment Research, "WestRock’s first-quarter fiscal 2017 adjusted earnings beat the Zacks Consensus Estimate by 4% while revenues fell short by 1%. In the fiscal second-quarter 2017, WestRock expects sequential earnings to be higher, benefitting from seasonally higher volumes in both consumer and corrugated as well as four more box shipping days and less maintenance downtime. However, higher input costs including wage inflation will affect results in the second quarter. As recycled fiber prices and energy continue to rise, rising input costs is likely to weigh on margins in the rest of the quarters in fiscal 2017 as well. Further, merger-related expenses, weak primary demand for processed, frozen, and dry foods and carbonated soft drinks as well as a stronger dollar may weigh on WestRock’s near-term results. WestRock has underperformed the Zacks categorized Paper and Paper Products sub industry in the past one year." (1/31/2017)

Some companies that are related to Westrock Company include International Paper Company (IP), Packaging Corporation of America (PKG), Mondi Plc (MNDI), DS Smith plc (SMDS), Graphic Packaging Holding Company (GPK), KapStone Paper and Packaging Corporation (KS), IG Design Group PLC (IGR), MeadWestvaco Corp. (MWV), Powerflute Oyj (POWR) and Rock-Tenn Company (RKT).

Westrock Company's management team includes the folowing people:

• Steven C. Voorhees, President, Chief Executive Officer, Director
• Ward H. Dickson, Chief Financial Officer, Executive Vice President
• Jeffrey Wayne Chalovich, President - Corrugated Packaging
• Robert A. Feeser, President - Consumer Packaging
• James B. Porter III, President - Business Development and Latin America
• Jennifer Graham-Johnson, Chief Human Resource Officer
• Robert Bruce McIntosh, Executive Vice President, General Counsel, Secretary
• A. Stephen Meadows, Chief Accounting Officer
• John A. Luke Jr., Non-Executive Chairman of the Board
• Timothy J. Bernlohr, Independent Director

Westrock Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.10%), BlackRock Inc. (8.81%), FMR LLC (7.70%), JPMorgan Chase & Co. (6.62%), State Street Corp (4.65%) and Boston Partners (3.55%). Company insiders that own Westrock Company stock include Arnold Stephen Meadows, G Stephen Felker, J Powell Brown, James B Porter, John A Luke Jr, Robert A Feeser and Ward H Dickson. View Institutional Ownership Trends for Westrock Company.

Westrock Company's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Boston Partners, JPMorgan Chase & Co., Victory Capital Management Inc., American Century Companies Inc., Systematic Financial Management LP, Lakewood Capital Management LP and GMT Capital Corp. Company insiders that have sold Westrock Company stock in the last year include Arnold Stephen Meadows, G Stephen Felker, James B Porter, John A Luke Jr and Robert A Feeser. View Insider Buying and Selling for Westrock Company.

Westrock Company's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., AQR Capital Management LLC, Janus Capital Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., FMR LLC, Thrivent Financial For Lutherans and Capital Growth Management LP. Company insiders that have bought Westrock Company stock in the last two years include J Powell Brown and Ward H Dickson. View Insider Buying and Selling for Westrock Company.

Shares of Westrock Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Westrock Company stock can currently be purchased for approximately $57.03.