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 Daily Premium 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. $37.80 -0.22 (-0.58%) (As of 01/30/2023 01:34 PM ET) Add Compare Share Share Today's Range$37.52▼$38.1050-Day Range$34.78▼$38.0552-Week Range$30.08▼$54.78Volume732,469 shsAverage Volume1.48 million shsMarket Capitalization$9.62 billionP/E Ratio10.38Dividend Yield2.89%Price Target$37.71 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability WestRock MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.0% Upside$37.71 Price TargetShort InterestHealthy1.21% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.96Upright™ Environmental ScoreNews Sentiment0.60Based on 9 Articles This WeekInsider TradingSelling Shares$2.01 M Sold Last QuarterProj. Earnings Growth-5.76%From $3.82 to $3.60 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.2.41 out of 5 starsBasic Materials Sector52nd out of 160 stocksPaperboard Containers & Boxes Industry2nd out of 4 stocks 1.0 Analyst's Opinion Consensus RatingWestRock has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.71, WestRock has a forecasted upside of 0.0% from its current price of $37.70.Amount of Analyst CoverageWestRock has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.21% 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 decreased by 19.42%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldWestRock pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWestRock has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of WestRock is 30.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, WestRock will have a dividend payout ratio of 30.56% 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 2.6 News and Social Media Coverage News SentimentWestRock has a news sentiment score of 0.60. 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 0.36 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 9 news articles for WestRock this week, compared to 6 articles on an average week.Search InterestOnly 4 people have searched for WRK on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added WestRock to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WestRock insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,008,050.00 in 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 3.1 Earnings and Valuation Earnings GrowthEarnings for WestRock are expected to decrease by -5.76% in the coming year, from $3.82 to $3.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WestRock is 10.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.21.Price to Earnings Ratio vs. SectorThe P/E ratio of WestRock is 10.36, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 81.74.Price to Earnings Growth RatioWestRock has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestRock has a P/B Ratio of 0.84. 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 HeadlinesJanuary 30, 2023 | americanbankingnews.comWestRock (WRK) Set to Announce Quarterly Earnings on WednesdayJanuary 27, 2023 | finance.yahoo.comWestRock Announces Quarterly Dividend of $0.275 Per ShareJanuary 30, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. January 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 CompleteJanuary 30, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. November 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 plantOctober 7, 2022 | seekingalpha.comWestrock Coffee Stock: Worth Your Attention (NASDAQ:WEST) - Seeking AlphaOctober 7, 2022 | bizjournals.comWestRock cutting jobs, shutting down part of giant St. Paul cardboard plant - The Business JournalsOctober 6, 2022 | benzinga.comExpert Ratings for WestRock - WestRock (NYSE:WRK) - BenzingaOctober 5, 2022 | businesswire.comWestRock to close Corrugated Medium Operations at St. Paul, Minnesota Facility - Business WireOctober 5, 2022 | finance.yahoo.comWestRock to close Corrugated Medium Operations at St. Paul, Minnesota FacilitySeptember 27, 2022 | uk.finance.yahoo.comInsights on the Sack Paper Global Market to 2027 - Featuring WestRock, Mondi, Canfor and Nordic Paper Among Others - Yahoo Finance UKSeptember 26, 2022 | benzinga.comInsights on the Sack Paper Global Market to 2027 - Featuring WestRock, Mondi, Canfor and Nordic Paper Amo - BenzingaSee 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 Ex-Dividend for 11/23 Dividend11/09/2022Last Earnings11/10/2022Dividend Payable11/23/2022Today1/30/2023Next Earnings (Confirmed)2/01/2023Dividend Payable2/22/2023Fiscal Year End9/30/2023Ex-Dividend for 2/22 Dividend1/01/2100Get 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$37.71 High Stock Price Forecast$46.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside-0.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.64 Trailing P/E Ratio10.38 Forward P/E Ratio9.90 P/E Growth0.94Net Income$944.60 million Net Margins4.44% Pretax Margin5.73% Return on Equity10.77% Return on Assets4.31% Debt Debt-to-Equity Ratio0.66 Current Ratio1.53 Quick Ratio0.94 Sales & Book Value Annual Sales$21.26 billion Price / Sales0.45 Cash Flow$10.68 per share Price / Cash Flow3.54 Book Value$44.81 per share Price / Book0.84Miscellaneous Outstanding Shares254,518,000Free Float253,296,000Market Cap$9.62 billion OptionableOptionable Beta1.14 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 CompetitorsAngloGold AshantiNYSE:AURoyal GoldNASDAQ:RGLDICL GroupNYSE:ICLCleveland-CliffsNYSE:CLFTerniumNYSE:TXView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemSold 10,130 shares on 1/27/2023Ownership: 0.122%Telos Capital Management Inc.Sold 14,239 shares on 1/27/2023Ownership: 0.061%State of Michigan Retirement SystemBought 1,800 shares on 1/27/2023Ownership: 0.031%Natixis Advisors L.P.Bought 1,232 shares on 1/27/2023Ownership: 0.020%Exchange Traded Concepts LLCBought 520 shares on 1/27/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions WRK Stock - Frequently Asked Questions Should I buy or sell WestRock stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WestRock in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating 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? 6 Wall Street analysts have issued twelve-month target prices for WestRock's stock. Their WRK share price forecasts range from $27.00 to $46.00. On average, they expect the company's share price to reach $37.71 in the next year. This suggests that the stock has a possible downside of 0.4%. 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 on January 1st, 2023. Since then, WRK shares have increased by 7.7% and is now trading at $37.87. View the best growth stocks for 2023 here. Are investors shorting WestRock? WestRock saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 3,070,000 shares, a decrease of 19.4% from the December 31st total of 3,810,000 shares. Based on an average daily trading volume, of 1,860,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.2% of the shares of the company 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 Wednesday, February 1st 2023. View our WRK earnings forecast. How can I listen to WestRock's earnings call? WestRock will be holding an earnings conference call on Wednesday, February 1st 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) announced its quarterly earnings data on Thursday, November, 10th. The basic materials company reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.40 by $0.03. The basic materials company had revenue of $5.40 billion for the quarter, compared to analysts' expectations of $5.44 billion. WestRock had a trailing twelve-month return on equity of 10.77% and a net margin of 4.44%. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.23 EPS. Read the conference call transcript. How often does WestRock pay dividends? What is the dividend yield for WestRock? WestRock declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, February 10th will be paid a dividend of $0.275 per share on Wednesday, February 22nd. This represents a $1.10 annualized dividend and a yield of 2.90%. Read our dividend analysis for WRK. 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 2.89%. 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 30.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WRK will have a dividend payout ratio of 30.56% 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 declared that its board has authorized a share buyback plan on Thursday, May 5th 2022, which authorizes the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is 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 many different institutional and retail investors. Top institutional investors include Greenhaven Associates Inc. (3.90%), Sumitomo Mitsui Trust Holdings Inc. (0.44%), New York State Teachers Retirement System (0.12%), Allspring Global Investments Holdings LLC (0.07%), Telos Capital Management Inc. (0.06%) and Gateway Investment Advisers LLC (0.06%). 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 $37.87. How much money does WestRock make? WestRock (NYSE:WRK) has a market capitalization of $9.64 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 $3.64 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 1/30/2023 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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