WestRock - WRK Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WestRock in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 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 brokers have issued 1-year target prices for WestRock's shares. Their WRK share price forecasts range from $36.00 to $59.00. On average, they anticipate the company's share price to reach $47.29 in the next year. This suggests a possible upside of 47.3% 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 $44.36 at the beginning of 2022. Since then, WRK stock has decreased by 27.6% and is now trading at $32.10.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our WRK earnings forecast.

WestRock will be holding an earnings conference call on Thursday, November 10th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

WestRock (NYSE:WRK) issued its earnings results on Thursday, August, 4th. The basic materials company reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.04. The basic materials company earned $5.52 billion during the quarter, compared to analysts' expectations of $5.51 billion. WestRock had a trailing twelve-month return on equity of 10.42% and a net margin of 4.41%. WestRock's quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 earnings per share.
Read the conference call transcript.

WestRock announced a quarterly dividend on Friday, July 29th. Stockholders of record on Friday, August 12th will be given a dividend of $0.25 per share on Wednesday, August 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date of this dividend is Thursday, August 11th.
Read our dividend analysis for WRK.

WestRock (NYSE:WRK) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.12%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WRK will have a dividend payout ratio of 19.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WRK.

WestRock declared that its board has authorized a share buyback plan on Thursday, May 5th 2022, which allows the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are 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 many different retail and institutional investors. Top institutional shareholders include State Street Corp (4.36%), Greenhaven Associates Inc. (3.46%), Pictet Asset Management SA (2.95%), Nordea Investment Management AB (2.48%), Price T Rowe Associates Inc. MD (2.08%) and Massachusetts Financial Services Co. MA (1.59%). Insiders that own company stock include James B Porter, James E Nevels, Jeffrey Wayne Chalovich, John A Luke Jr, John L O'neal and Thomas Stigers.
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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 $32.10.

WestRock (NYSE:WRK) has a market capitalization of $8.18 billion and generates $18.75 billion in revenue each year. The basic materials company earns $838.30 million in net income (profit) each year or $3.50 on an earnings per share basis.

The company employs 49,900 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.