NYSE:WRK WestRock - WRK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding WestRock Please log in to your account or sign up in order to add this asset to your watchlist. $30.39 +0.55 (+1.84%) (As of 03/31/2023 03:45 PM ET) Add Compare Share Share Today's Range$30.01▼$30.4550-Day Range$27.07▼$39.2452-Week Range$26.84▼$54.78Volume1.00 million shsAverage Volume2.35 million shsMarket Capitalization$7.74 billionP/E Ratio9.68Dividend Yield3.62%Price Target$33.57 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability WestRock MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside10.8% Upside$33.57 Price TargetShort InterestHealthy1.48% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.96Upright™ Environmental ScoreNews Sentiment0.44Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.69%From $2.88 to $2.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.34 out of 5 starsBasic Materials Sector64th out of 161 stocksPaperboard Containers & Boxes Industry3rd out of 4 stocks 2.1 Analyst's Opinion Consensus RatingWestRock has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.57, WestRock has a forecasted upside of 10.8% from its current price of $30.31.Amount of Analyst CoverageWestRock has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.48% of the float of WestRock has been sold short.Short Interest Ratio / Days to CoverWestRock has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in WestRock has recently increased by 6.86%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipWestRock is a leading dividend payer. It pays a dividend yield of 3.78%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestRock has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of WestRock is 35.03%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, WestRock will have a dividend payout ratio of 38.46% next year. This indicates that WestRock will be able to sustain or increase its dividend. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWestRock has received a 9.04% net impact score from Upright. WestRock seems to create the most significant positive value in categories "Taxes", "GHG emissions", and "Waste". The positive contribution in the "GHG emissions" impact category is mostly driven by its "Wood-based garments packages", "Wood-based consumer electronics packages", "Recycled paperboard", and "Paper food wrappers" products. See details.Environmental SustainabilityThe Environmental Impact score for WestRock is -0.96. Previous Next 1.9 News and Social Media Coverage News SentimentWestRock has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.31 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for WestRock this week, compared to 6 articles on an average week.Search InterestOnly 17 people have searched for WRK on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added WestRock to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WestRock insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.48% of the stock of WestRock is held by insiders.Percentage Held by Institutions84.08% of the stock of WestRock is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for WestRock are expected to decrease by -0.69% in the coming year, from $2.88 to $2.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WestRock is 9.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.65.Price to Earnings Ratio vs. SectorThe P/E ratio of WestRock is 9.65, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 83.63.Price to Earnings Growth RatioWestRock has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioWestRock has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About WestRock (NYSE:WRK) StockWestRock Co. engages in the provision of sustainable fiber-based paper and packaging solutions. It operates through the following segments: Corrugated Packaging, Consumer Packaging, Global Paper, and Distribution. The Corrugated Packaging segment consists of the sale of corrugated containers and other corrugated products including displays. The Consumer Packaging segment deals with consumer packaging products such as folding cartons, interior partitions, inserts, and labels. The Global Paper segment focuses on commercial paper operations and generates its revenues primarily from the sale of containerboard, paperboard, and specialty grades to external customers. The Distribution segment distributes corrugated packaging materials and other specialty packaging products, including stretch film, void fill, carton sealing tape, and other specialty tapes, through a network of warehouses and distribution facilities. The company was founded on March 6, 2015 and is headquartered in Atlanta, GA.Read More Receive WRK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for WestRock and its competitors with MarketBeat's FREE daily newsletter. Email Address WRK Stock News HeadlinesMarch 26, 2023 | americanbankingnews.comAnalysts Set WestRock (NYSE:WRK) Target Price at $33.57March 23, 2023 | finance.yahoo.comWestRock Announces Conference Call to Discuss Second Quarter Fiscal 2023 ResultsMarch 31, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. March 22, 2023 | americanbankingnews.comWestRock (NYSE:WRK) Upgraded by Citigroup to BuyFebruary 20, 2023 | wsj.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of WestRock Company - WRKFebruary 2, 2023 | finance.yahoo.comWestRock Company (NYSE:WRK) Q1 2023 Earnings Call TranscriptFebruary 1, 2023 | finance.yahoo.comWestRock stock leads S&P 500 lowers after paper and packaging company misses on earnings, pulls guidanceFebruary 1, 2023 | fool.comWhy WestRock Stock Got Rocked for a 14% Loss TodayMarch 31, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. February 1, 2023 | finance.yahoo.comWestRock Reports Fiscal 2023 First Quarter ResultsJanuary 27, 2023 | finance.yahoo.comWestRock Announces Quarterly Dividend of $0.275 Per ShareJanuary 24, 2023 | finance.yahoo.comWestRock Company (NYSE:WRK) is favoured by institutional owners who hold 88% of the companyJanuary 6, 2023 | finance.yahoo.comWestRock Company's (NYSE:WRK) Intrinsic Value Is Potentially 90% Above Its Share PriceDecember 20, 2022 | finance.yahoo.comWestRock Announces Conference Call to Discuss First Quarter Fiscal 2023 ResultsDecember 14, 2022 | finance.yahoo.comWestRock Named to Dow Jones Sustainability Index for North America for Third Consecutive YearDecember 1, 2022 | finance.yahoo.comWestRock Acquisition of Grupo Gondi CompleteNovember 11, 2022 | finance.yahoo.comCompany News for Nov 11, 2022November 9, 2022 | finance.yahoo.comWestRock To Sell Ownership Interest in RTS Packaging, LLC to Sonoco; Agrees to Sell URB Mills in Illinois and Indiana to Ox IndustriesNovember 3, 2022 | finance.yahoo.comWestRock (WRK) Earnings Expected to Grow: Should You Buy?October 30, 2022 | finance.yahoo.comWestRock Company (WRK)October 27, 2022 | finance.yahoo.comWestRock Increases Dividend 10% to New Annualized Rate of $1.10 Per ShareOctober 13, 2022 | marketwatch.comWestRock Co. stock underperforms Thursday when compared to competitors despite daily gains - MarketWatchOctober 13, 2022 | seekingalpha.comWestrock Coffee: Riding The Secular Tailwinds Within The Coffee Industry (NASDAQ:WEST) - Seeking AlphaOctober 12, 2022 | businesswire.com$14.8 Billion Worldwide Aerosol Cans Industry to 2027 - Featuring Ball, Bharat Containers, Crown Holdings and WestRock Among Others - ResearchAndMarkets.com - Business WireOctober 10, 2022 | nasdaq.comWestRock Co Shares Near 52-Week Low - Market MoverOctober 8, 2022 | markets.businessinsider.comExpert Ratings for WestRockOctober 8, 2022 | bizjournals.comWestRock cutting jobs, shutting down part of giant St. Paul cardboard plantSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WRK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for WestRock and its competitors with MarketBeat's FREE daily newsletter. Email Address WRK Company Calendar Last Earnings2/01/2023Ex-Dividend for 2/22 Dividend2/09/2023Dividend Payable2/22/2023Today3/31/2023Next Earnings (Confirmed)5/04/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Paperboard containers & boxes Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:WRK CUSIPN/A CIK1636023 Webwww.westrock.com Phone(770) 448-2193Fax804-327-6363Employees50,500Year Founded2015Price Target and Rating Average Stock Price Forecast$33.57 High Stock Price Forecast$42.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+12.5%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.14 Trailing P/E Ratio9.50 Forward P/E Ratio10.36 P/E Growth0.94Net Income$944.60 million Net Margins3.80% Pretax Margin4.86% Return on Equity10.53% Return on Assets4.15% Debt Debt-to-Equity Ratio0.78 Current Ratio1.51 Quick Ratio1.00 Sales & Book Value Annual Sales$21.26 billion Price / Sales0.36 Cash Flow$11.09 per share Price / Cash Flow2.69 Book Value$44.81 per share Price / Book0.67Miscellaneous Outstanding Shares254,650,000Free Float253,430,000Market Cap$7.60 billion OptionableOptionable Beta1.20 Social Links Key ExecutivesDavid B. SewellPresident, Chief Executive Officer & DirectorAlexander W. PeaseChief Financial Officer & Executive Vice PresidentAmir KazmiChief Information & Digital OfficerDenise Rene Perry SingletonSecretary, Executive VP & General CounselJulia McconnellChief Accounting Officer & Senior Vice PresidentKey CompetitorsTerniumNYSE:TXOlinNYSE:OLNRoyal GoldNASDAQ:RGLDGerdauNYSE:GGBAxalta Coating SystemsNYSE:AXTAView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,087 shares on 3/23/2023Ownership: 0.026%Victory Capital Management Inc.Bought 55,306 shares on 3/10/2023Ownership: 0.071%Rockefeller Capital Management L.P.Sold 739 shares on 3/6/2023Ownership: 0.014%Voya Investment Management LLCBought 6,414 shares on 2/28/2023Ownership: 0.162%Parallax Volatility Advisers L.P.Sold 200 shares on 2/27/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions WRK Stock - Frequently Asked Questions Should I buy or sell WestRock stock right now? 7 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, 4 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. What is WestRock's stock price forecast for 2023? 7 equities research analysts have issued 12 month price targets for WestRock's stock. Their WRK share price forecasts range from $27.00 to $42.00. On average, they expect the company's stock price to reach $33.57 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View analysts price targets for WRK or view top-rated stocks among Wall Street analysts. How have WRK shares performed in 2023? WestRock's stock was trading at $35.16 at the start of the year. Since then, WRK stock has decreased by 15.1% and is now trading at $29.84. View the best growth stocks for 2023 here. Are investors shorting WestRock? WestRock saw a increase in short interest in February. As of February 15th, there was short interest totaling 3,620,000 shares, an increase of 41.4% from the January 31st total of 2,560,000 shares. Based on an average trading volume of 1,980,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.4% of the company's stock are sold short. View WestRock's Short Interest. When is WestRock's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our WRK earnings forecast. How can I listen to WestRock's earnings call? WestRock will be holding an earnings conference call on Thursday, May 4th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were WestRock's earnings last quarter? WestRock (NYSE:WRK) issued its earnings results on Wednesday, February, 1st. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.05. The basic materials company earned $4.92 billion during the quarter, compared to analysts' expectations of $5.11 billion. WestRock had a net margin of 3.80% and a trailing twelve-month return on equity of 10.53%. The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.65 earnings per share. Read the conference call transcript. How often does WestRock pay dividends? What is the dividend yield for WestRock? WestRock announced a quarterly dividend on Friday, January 27th. Shareholders of record on Friday, February 10th will be given a dividend of $0.275 per share on Wednesday, February 22nd. This represents a $1.10 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Thursday, February 9th. Read our dividend analysis for WRK. What ETFs hold WestRock's stock? ETFs with the largest weight of WestRock (NYSE:WRK) stock in their portfolio include 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), AAM S&P 500 High Dividend Value ETF (SPDV) and First Trust Indxx Global Natural Resources Income ETF (FTRI). Is WestRock a good dividend stock? WestRock (NYSE:WRK) pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.78%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WRK will have a dividend payout ratio of 38.46% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WRK. How will WestRock's stock buyback program work? WestRock announced that its board has approved a stock buyback program on Thursday, May 5th 2022, which allows the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued. What is Steve Voorhees' approval rating as WestRock's CEO? 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. What other stocks do shareholders of WestRock own? 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). What is WestRock's stock symbol? WestRock trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRK." Who are WestRock's major shareholders? WestRock's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Greenhaven Associates Inc. (3.90%), Price T Rowe Associates Inc. MD (2.30%), Norges Bank (2.17%), Geode Capital Management LLC (2.06%), Impax Asset Management Group plc (2.05%) and Nordea Investment Management AB (1.98%). 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. How do I buy shares of WestRock? 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. Compare Top Brokerages Here. What is WestRock's stock price today? One share of WRK stock can currently be purchased for approximately $29.84. How much money does WestRock make? WestRock (NYSE:WRK) has a market capitalization of $7.60 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 $3.14 on an earnings per share basis. How many employees does WestRock have? The company employs 50,500 workers across the globe. Does WestRock have any subsidiaries? The following companies are subsidiares of WestRock: A.G. Industries, KapStone, MeadWestvaco, Multi Packaging Solutions, National Print Group, SP Fiber Holdings, Simpson Tacoma Paper Mill, Smurfit-Stone Container, Southern Container, WRK International Holdings Sarl, WRK Luxembourg Sarl, WestRock - Solvay LLC, WestRock CP LLC, WestRock Coated Board LLC, WestRock Converting LLC, WestRock Fulfillment Company, WestRock Holding Company III, WestRock Holdings B.V., WestRock Luxembourg S.A.R.L., WestRock MWV LLC, WestRock RKT LLC, WestRock Shared Services LLC, WestRock Southern Container LLC, and WestRockTimber Note Holding Company III.Read More How can I contact WestRock? 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. This page (NYSE:WRK) was last updated on 3/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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