Westrock Company Company Profile (NYSE:WRK)

About Westrock Company (NYSE:WRK)

Westrock Company logoWestRock Company, incorporated on March 6, 2015, is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. The Company also develops real estate in the Charleston, South Carolina region. The Company's segments include Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment consists of its containerboard mill and corrugated packaging operations, as well as its recycling operations. The Consumer Packaging segment consists of consumer mills, folding carton, beverage, merchandising displays, and partition operations. The Land and Development segment is engaged in the development and sale of real estate primarily in Charleston, South Carolina.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Paper Packaging - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:WRK
  • CUSIP: N/A
  • Web: www.westrock.com
Capitalization:
  • Market Cap: $14.75124 billion
  • Outstanding Shares: 248,073,000
Average Prices:
  • 50 Day Moving Avg: $57.23
  • 200 Day Moving Avg: $53.97
  • 52 Week Range: $40.63 - $60.36
P/E:
  • Trailing P/E Ratio: 81.64
  • Foreward P/E Ratio: 16.04
  • P/E Growth: 3.67
Sales & Book Value:
  • Annual Revenue: $14.31 billion
  • Price / Sales: 1.02
  • Book Value: $39.04 per share
  • Price / Book: 1.50
Dividend:
  • Annual Dividend: $1.60
  • Dividend Yield: 2.7%
Profitability:
  • EBIDTA: $2.15 billion
  • Net Margins: 1.29%
  • Return on Equity: 6.35%
  • Return on Assets: 2.70%
Debt:
  • Debt-to-Equity Ratio: 0.56%
  • Current Ratio: 2.15%
  • Quick Ratio: 1.47%
Misc:
  • Average Volume: 1.36 million shs.
  • Beta: 1.37
  • Short Ratio: 2.29
 
Frequently Asked Questions for Westrock Company (NYSE:WRK)

What is Westrock Company's stock symbol?

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

How often does Westrock Company pay dividends? What is the dividend yield for Westrock Company?

Westrock Company announced a quarterly dividend on Friday, April 21st. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Wednesday, May 3rd. View Westrock Company's Dividend History.

How were Westrock Company's earnings last quarter?

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

When will Westrock Company make its next earnings announcement?

Westrock Company is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Westrock Company.

Where is Westrock Company's stock going? Where will Westrock Company's stock price be in 2017?

11 brokers have issued 12 month price objectives for Westrock Company's stock. Their forecasts range from $54.00 to $68.00. On average, they expect Westrock Company's stock price to reach $61.67 in the next twelve months. View Analyst Ratings for Westrock Company.

What are analysts saying about Westrock Company stock?

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

  • 1. According to Zacks Investment Research, "WestRock expects third-quarter fiscal 2017 earnings to be sequentially higher, benefiting from seasonally higher volumes, favorable mix and productivity. The company’s productivity and performance improvement programs across its manufacturing footprint as well as its cost-saving actions, remain tailwinds. WestRock's acquisition of assets of Island Container and Combined Container and five corrugated converting facilities from U.S. Corrugated will help it capitalize on the growing corrugated packaging demand. WestRock also outperformed the Zacks sub industry in the past one year. The company has a positive record of earnings surprises in the last few quarters." (7/14/2017)
  • 2. KeyCorp analysts commented, "We are raising our FY17 and FY18 estimates for WestRock (WRK) following its acquisitions of Multi Packaging Solutions (MPS), U.S. Corrugated, and Island Container and Combined Container Industries. We expect the MPS acquisition to add $0.02 per month in the last four months of FY17, as a result of which we are increasing our FY17 adj. EPS estimate from $2.57 to $2.65. We are increasing our FY18 adj." (6/29/2017)
  • 3. 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)

Who are some of Westrock Company's key competitors?

Who are Westrock Company's key executives?

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

Who owns Westrock Company stock?

Westrock Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (1.03%), Patten & Patten Inc. TN (0.57%), APG Asset Management N.V. (0.27%), NN Investment Partners Holdings N.V. (0.11%), National Pension Service (0.10%) and Gateway Investment Advisers LLC (0.10%). 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.

Who sold Westrock Company stock? Who is selling Westrock Company stock?

Westrock Company's stock was sold by a variety of institutional investors in the last quarter, including BB&T Corp, Independent Portfolio Consultants Inc., Oakbrook Investments LLC, Exxonmobil Investment Management Inc. TX, US Bancorp DE, Creative Planning, DnB Asset Management AS and Fruth Investment Management. 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.

Who bought Westrock Company stock? Who is buying Westrock Company stock?

Westrock Company's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Handelsbanken Fonder AB, Mn Services Vermogensbeheer B.V., Canal Capital Management LLC, APG Asset Management N.V., Bedrijfstakpensioenfonds Voor DE Media PNO, National Pension Service and Aperio Group LLC. 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.

How do I buy Westrock Company stock?

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.

What is Westrock Company's stock price today?

One share of Westrock Company stock can currently be purchased for approximately $58.70.


MarketBeat Community Rating for Westrock Company (NYSE WRK)
Community Ranking:  3.1 out of 5 (  )
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  116 (Vote Underperform)
Total Votes:  304
MarketBeat's community ratings are surveys of what our community members think about Westrock Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Westrock Company (NYSE:WRK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $61.67 (5.05% upside)

Analysts' Ratings History for Westrock Company (NYSE:WRK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Barclays PLCBoost Price TargetNeutral -> Equal Weight$52.00 -> $54.00LowView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingBuy$68.00LowView Rating Details
7/13/2017Goldman Sachs Group, Inc. (The)UpgradeBuy -> Conviction-BuyLowView Rating Details
6/29/2017KeyCorpReiterated RatingHoldLowView Rating Details
6/15/2017BMO Capital MarketsReiterated RatingBuy$62.00LowView Rating Details
4/27/2017Royal Bank Of CanadaBoost Price TargetOutperform -> Outperform$59.00 -> $62.00MediumView Rating Details
4/27/2017Credit Suisse Group AGReiterated RatingBuy$66.00LowView Rating Details
4/25/2017Deutsche Bank AGBoost Price TargetBuy$58.00 -> $60.00LowView Rating Details
4/14/2017Citigroup Inc.Reiterated RatingBuyN/AView Rating Details
2/21/2017Bank of America CorporationReiterated RatingBuy$65.00 -> $66.00N/AView Rating Details
2/2/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformN/AView Rating Details
4/20/2016Dundee SecuritiesDowngradeBuy -> NeutralN/AView Rating Details
11/30/2015Cantor FitzgeraldInitiated CoverageBuy$62.00N/AView Rating Details
11/10/2015MacquarieInitiated CoverageNeutral$54.00N/AView Rating Details
11/6/2015DA DavidsonUpgradeNeutral -> Buy$66.00N/AView Rating Details
9/3/2015Longbow ResearchUpgradeNeutral -> Buy$69.00N/AView Rating Details
8/25/2015Buckingham ResearchUpgradeNeutral -> Buy$70.00 -> $67.00N/AView Rating Details
(Data available from 7/22/2015 forward)

Earnings

Earnings History for Westrock Company (NYSE:WRK)
Earnings by Quarter for Westrock Company (NYSE:WRK)
Earnings History by Quarter for Westrock Company (NYSE WRK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017$0.64N/AView Earnings Details
4/26/2017Q2 2017$0.47$0.54$3.59 billion$3.66 billionViewN/AView Earnings Details
1/24/2017Q117$0.46$0.47$3.48 billion$3.45 billionViewN/AView Earnings Details
11/7/2016Q416$0.63$0.71$2.54 billion$3.61 billionViewListenView Earnings Details
8/4/2016Q316$0.66$0.71$3.70 billion$3.60 millionViewN/AView Earnings Details
4/29/2016Q2$0.52$0.61$3.74 million$3.70 millionViewListenView Earnings Details
1/28/2016Q1$0.58$0.59$3.71 million$3.68 billionViewListenView Earnings Details
11/4/2015Q4$0.95$0.93$4.02 billion$3.87 billionViewN/AView Earnings Details
7/29/2015Q3$1.03$1.15$2.54 billion$2.54 billionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Westrock Company (NYSE:WRK)
2017 EPS Consensus Estimate: $2.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.47$0.48$0.47
Q2 20173$0.44$0.53$0.49
Q3 20173$0.60$0.65$0.62
Q4 20173$0.78$0.99$0.90
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Westrock Company (NYSE:WRK)
Most Recent Dividend:5/15/2017
Annual Dividend:$1.60
Dividend Yield:2.73%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:225.35% (Trailing 12 Months of Earnings)
64.52% (Based on This Year's Estimates)
43.72% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Westrock Company (NYSE:WRK)

Dividend History by Quarter for Westrock Company (NYSE WRK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/21/2017quarterly$0.403.02%5/3/20175/5/20175/15/2017
1/27/2017Quarterly$0.402.98%2/8/20172/10/20172/20/2017
11/7/2016quarterly$0.403.53%11/17/201611/21/201611/30/2016
8/1/2016quarterly$0.383.58%8/10/20168/12/20168/22/2016
4/25/2016quarterly$0.383.77%5/4/20165/6/20165/16/2016
2/3/2016quarterly$0.384.5%2/10/20162/12/20162/25/2016
11/2/2015quarterly$0.382.77%11/17/201511/19/201512/2/2015
7/24/2015$0.388/10/20158/12/20158/25/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Westrock Company (NYSE:WRK)
Insider Ownership Percentage: 2.68%
Institutional Ownership Percentage: 88.89%
Insider Trades by Quarter for Westrock Company (NYSE:WRK)
Institutional Ownership by Quarter for Westrock Company (NYSE:WRK)
Insider Trades by Quarter for Westrock Company (NYSE:WRK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/17/2017John A Luke JrDirectorSell10,343$59.43$614,684.49View SEC Filing  
5/4/2017John A Luke JrDirectorSell75,000$53.83$4,037,250.00View SEC Filing  
3/9/2017John A Luke JrDirectorSell55,000$55.14$3,032,700.00View SEC Filing  
3/2/2017Arnold Stephen MeadowsInsiderSell8,900$54.44$484,516.00View SEC Filing  
12/5/2016Robert A FeeserInsiderSell23,670$51.28$1,213,797.60View SEC Filing  
11/16/2016G Stephen FelkerDirectorSell10,000$50.00$500,000.00View SEC Filing  
11/10/2016James B PorterInsiderSell110,000$48.19$5,300,900.00View SEC Filing  
9/13/2016John A Luke JrDirectorSell188,103$46.62$8,769,361.86View SEC Filing  
2/5/2016J Powell BrownDirectorBuy6,000$32.19$193,140.00View SEC Filing  
2/5/2016Ward H DicksonCFOBuy3,000$34.01$102,030.00View SEC Filing  
1/14/2016James B PorterInsiderSell26,000$38.57$1,002,820.00View SEC Filing  
12/15/2015James B PorterInsiderSell39,000$44.60$1,739,400.00View SEC Filing  
9/15/2015Arnold Stephen MeadowsCAOSell5,000$59.70$298,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Westrock Company (NYSE:WRK)
Latest Headlines for Westrock Company (NYSE:WRK)
Source:
DateHeadline
prnewswire.com logoTechnical Research on Packaging and Containers Equities -- Graphic Packaging, International Paper, Sealed Air, and ... - PR Newswire (press release)
www.prnewswire.com - July 21 at 8:51 AM
globenewswire.com logoWestRock Completes Acquisition of Assets from Island Container Corp. and Combined Container Industries LLC
globenewswire.com - July 19 at 9:34 AM
americanbankingnews.com logoWestrock Company (WRK) Director John A. Luke, Jr. Sells 10,343 Shares
www.americanbankingnews.com - July 18 at 7:25 PM
americanbankingnews.com logoWestrock Company (WRK) Rating Reiterated by Barclays PLC
www.americanbankingnews.com - July 18 at 1:53 PM
finance.yahoo.com logoWestRock Completes Acquisition of Assets from Island Container Corp. and Combined Container Industries LLC
finance.yahoo.com - July 17 at 8:27 PM
americanbankingnews.com logoWestrock Company (WRK) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 17 at 10:54 AM
americanbankingnews.com logoQ4 2017 Earnings Forecast for Westrock Company (WRK) Issued By Jefferies Group
www.americanbankingnews.com - July 17 at 10:22 AM
americanbankingnews.com logoCritical Survey: Westrock Company (WRK) and Packaging Corporation of America (PKG)
www.americanbankingnews.com - July 15 at 9:03 PM
americanbankingnews.com logoWestrock Company (WRK) Receives "Buy" Rating from Jefferies Group LLC
www.americanbankingnews.com - July 15 at 3:34 PM
americanbankingnews.com logoWestrock Company (NYSE:WRK) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - July 14 at 12:32 PM
finance.yahoo.com logoInternational Paper Hits 52-Week High on Growth Prospects
finance.yahoo.com - July 14 at 10:04 AM
americanbankingnews.com logoHead-To-Head Survey: Westrock Company (NYSE:WRK) and KapStone Paper and Packaging Corporation (KS)
www.americanbankingnews.com - July 14 at 8:37 AM
americanbankingnews.com logoWestrock Company (WRK) Upgraded to "Conviction-Buy" by Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - July 13 at 3:10 PM
americanbankingnews.com logoWestrock Company (WRK) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 13 at 12:02 PM
americanbankingnews.com logo Brokerages Expect Westrock Company (NYSE:WRK) Will Announce Quarterly Sales of $3.56 Billion
www.americanbankingnews.com - July 13 at 10:01 AM
finance.yahoo.com logoWestRock Hits 52-Week High on Robust Capital Allocation
finance.yahoo.com - July 12 at 9:21 AM
americanbankingnews.com logo$0.63 EPS Expected for Westrock Company (NYSE:WRK) This Quarter
www.americanbankingnews.com - July 11 at 10:16 PM
americanbankingnews.com logoWestrock Company's (WRK) "Hold" Rating Reaffirmed at KeyCorp
www.americanbankingnews.com - July 1 at 11:16 PM
americanbankingnews.com logoAnalyzing Graphic Packaging Holding Company (GPK) and Westrock Company (WRK)
www.americanbankingnews.com - June 30 at 10:09 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Westrock Company (WRK) Issued By KeyCorp
www.americanbankingnews.com - June 30 at 8:37 AM
americanbankingnews.com logoWestrock Company (WRK) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - June 27 at 1:36 PM
americanbankingnews.com logoWestrock Company (WRK) Receives Buy Rating from Jefferies Group LLC
www.americanbankingnews.com - June 22 at 9:52 PM
streetinsider.com logoWestRock (WRK) Announces Acquisition of Assets from Island Container Corp. & Combined Container Industries LLC
www.streetinsider.com - June 22 at 2:48 PM
finance.yahoo.com logoWestRock to Acquire Assets from Island Container Corp. and Combined Container Industries LLC
finance.yahoo.com - June 22 at 2:48 PM
finance.yahoo.com logoWestRock (WRK) to Buy Assets from 2 Corrugated Box Producers
finance.yahoo.com - June 22 at 2:48 PM
americanbankingnews.com logoWestrock Company (WRK) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - June 20 at 8:58 AM
americanbankingnews.com logo Brokerages Anticipate Westrock Company (WRK) Will Announce Quarterly Sales of $3.56 Billion
www.americanbankingnews.com - June 17 at 7:44 AM
americanbankingnews.com logoZacks: Brokerages Expect Westrock Company (WRK) Will Post Earnings of $0.63 Per Share
www.americanbankingnews.com - June 15 at 10:20 PM
americanbankingnews.com logoWestrock Company's (WRK) Buy Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - June 15 at 4:32 PM
finance.yahoo.com logoWestRock Closes Buyout of 5 Facilities from U.S. Corrugated
finance.yahoo.com - June 12 at 8:10 PM
streetinsider.com logoForm 4 WestRock Co For: Jun 06 Filed by: SHORE MARC P
www.streetinsider.com - June 10 at 3:28 AM
feeds.benzinga.com logoWestRock Completes Acquisition of Five Facilities from U.S. Corrugated Holdings, Inc.
feeds.benzinga.com - June 9 at 3:16 PM
finance.yahoo.com logoWestRock to Buy 5 Facilities from U.S. Corrugated Holdings
finance.yahoo.com - May 26 at 8:49 AM
americanbankingnews.com logoWestRock Co (WRK) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 26 at 7:59 AM
finance.yahoo.com logoWashington County box plant to be acquired
finance.yahoo.com - May 25 at 8:00 AM
feeds.benzinga.com logoWestRock to Acquire Five Facilities from U.S. Corrugated Holdings, Inc.
feeds.benzinga.com - May 24 at 12:00 PM
finance.yahoo.com logo2015 IPO With Triple-Digit EPS Growth Trying To Package New Run
finance.yahoo.com - May 22 at 7:44 PM
finance.yahoo.com logoETFs with exposure to WestRock Co. : May 19, 2017
finance.yahoo.com - May 19 at 6:51 PM
finance.yahoo.com logoWestRock Co. :WRK-US: Earnings Analysis: Q2, 2017 By the Numbers : May 18, 2017
finance.yahoo.com - May 19 at 1:51 PM
finance.yahoo.com logoWestRock Co. breached its 50 day moving average in a Bearish Manner : WRK-US : May 18, 2017
finance.yahoo.com - May 18 at 9:09 AM
americanbankingnews.com logoWestRock Co (WRK) Upgraded at TheStreet
www.americanbankingnews.com - May 15 at 12:02 AM
finance.yahoo.com logoWhich Direction Does WestRock Go From Here?
finance.yahoo.com - May 9 at 8:11 PM
americanbankingnews.com logoInsider Selling: WestRock Co (WRK) Director Sells 75,000 Shares of Stock
www.americanbankingnews.com - May 5 at 7:54 PM
americanbankingnews.com logoWestRock Co (WRK) Expected to Post Quarterly Sales of $3.56 Billion
www.americanbankingnews.com - May 4 at 1:36 AM
americanbankingnews.com logo Analysts Expect WestRock Co (WRK) to Post $0.65 EPS
www.americanbankingnews.com - May 4 at 1:36 AM
americanbankingnews.com logoWestRock (WRK) Receives Media Impact Score of 0.15
www.americanbankingnews.com - May 3 at 4:30 PM
finance.yahoo.com logoWestRock Announces Participation In Upcoming Investor Conferences
finance.yahoo.com - May 2 at 6:47 PM
americanbankingnews.com logoWestRock Co (WRK) Rating Reiterated by Barclays PLC
www.americanbankingnews.com - May 1 at 3:36 PM
americanbankingnews.com logoDA Davidson Analysts Increase Earnings Estimates for WestRock Co (WRK)
www.americanbankingnews.com - May 1 at 1:05 PM
americanbankingnews.com logoJefferies Group Analysts Decrease Earnings Estimates for WestRock Co (WRK)
www.americanbankingnews.com - May 1 at 11:10 AM

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Chart

Westrock Company (WRK) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff