WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, Australia, and Asia. The company operates through three segments: Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers.
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Industry, Sector and Symbol
Industry Paperboard containers & boxes
Sub-IndustryN/A
SectorBasic Materials
Phone770-448-2193
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$16.29 billion
Profitability
Miscellaneous
Employees45,100
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Westrock (NYSE:WRK) Frequently Asked Questions
What is Westrock's stock symbol?
Westrock trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRK."
How often does Westrock pay dividends? What is the dividend yield for Westrock?
Westrock announced a quarterly dividend on Friday, July 26th. Investors of record on Friday, August 9th will be given a dividend of $0.455 per share on Tuesday, August 20th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date is Thursday, August 8th. View Westrock's Dividend History.
How were Westrock's earnings last quarter?
Westrock Co (NYSE:WRK) posted its quarterly earnings data on Thursday, August, 1st. The basic materials company reported $1.11 EPS for the quarter, topping the Zacks' consensus estimate of $1.02 by $0.09. The basic materials company had revenue of $4.69 billion for the quarter, compared to the consensus estimate of $4.83 billion. Westrock had a net margin of 4.65% and a return on equity of 8.97%. The firm's quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.09 earnings per share. View Westrock's Earnings History.
When is Westrock's next earnings date?
What price target have analysts set for WRK?
11 analysts have issued 12-month price objectives for Westrock's shares. Their forecasts range from $32.00 to $54.00. On average, they expect Westrock's stock price to reach $45.7778 in the next year. This suggests a possible upside of 35.3% from the stock's current price. View Analyst Price Targets for Westrock.
What is the consensus analysts' recommendation for Westrock?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westrock in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westrock.
What are Wall Street analysts saying about Westrock stock?
Here are some recent quotes from research analysts about Westrock stock:
- 1. According to Zacks Investment Research, "WestRock reported year-over-year improvement in both third-quarter 2019 adjusted earnings per share (EPS) and revenues. While the bottom line beat the Zacks Consensus Estimate, the top line missed the same. The company projects adjusted segment EBITDA in the fourth quarter of fiscal 2019 to be between $880 million and $925 million. Benefits from higher sequential seasonal volumes across both segments will be offset by lower containerboard prices. The company’s implied guidance for fiscal 2019 adjusted EBITDA is at around $3.25 billion, down from $3.3 billion-$3.4 billion. In fiscal 2019 higher maintenance downtime compared with the prior year will impact results. Further, the folding carton markets remain challenged by weak demand for processed, frozen, and dry foods. WestRock has underperformed the industry in the past year." (8/8/2019)
- 2. KeyCorp analysts commented, "We’re maintaining our FY19 estimate – which was already well below guidance – and our FY20 estimate, which implies EBITDA declines in FY20. There was nothing overly surprising about the guidance reduction or about WRK’s containerboard industry commentary in our view." (5/1/2019)
Has Westrock been receiving favorable news coverage?
News articles about WRK stock have trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Westrock earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Westrock.
Who are some of Westrock's key competitors?
Some companies that are related to Westrock include Barrick Gold (GOLD), Glencore (GLEN), Rio Tinto Limited Fully Paid Ord. Shrs (RIO), Newmont Goldcorp (NEM), Nutrien (NTR), Newcrest Mining (NCM), PPG Industries (PPG), Imperial Oil (IMO), LyondellBasell Industries (LYB), Anglo American (AAL), Fortescue Metals Group (FMG), Franco Nevada (FNV), Southern Copper (SCCO), Anglo American (NGLOY) and Cheniere Energy Partners (CQP).
What other stocks do shareholders of Westrock own?
Who are Westrock's key executives?
Westrock's management team includes the folowing people:
- Mr. Steven C. Voorhees, CEO, Pres & Director (Age 65)
- Mr. Ward H. Dickson, Exec. VP & CFO (Age 57)
- Mr. James B. Porter III, Pres of Bus. Devel. & Latin America (Age 68)
- Mr. Jeffrey Wayne Chalovich, Chief Commercial Officer & Pres of Corrugated Packaging (Age 56)
- Mr. Robert A. Feeser, Pres of Consumer Packaging (Age 57)
Who are Westrock's major shareholders?
Westrock's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.23%), Vanguard Group Inc. (11.35%), JPMorgan Chase & Co. (3.37%), LSV Asset Management (2.41%), Invesco Ltd. (1.47%) and Bank of New York Mellon Corp (1.38%). Company insiders that own Westrock stock include Currey M Russell, James B Porter, Jeffrey Wayne Chalovich, Jennifer Graham-Johnson, John A Luke Jr, Robert A Feeser, Steven C Voorhees and Ward H Dickson. View Institutional Ownership Trends for Westrock.
Which institutional investors are selling Westrock stock?
WRK stock was sold by a variety of institutional investors in the last quarter, including Quest Capital Management Inc. ADV, JPMorgan Chase & Co., Bank of Montreal Can, Balyasny Asset Management LLC, Point72 Asset Management L.P., Acadian Asset Management LLC, Natixis and Russell Investments Group Ltd.. Company insiders that have sold Westrock company stock in the last year include John A Luke Jr and Robert A Feeser. View Insider Buying and Selling for Westrock.
Which institutional investors are buying Westrock stock?
WRK stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Impax Asset Management Group plc, Vanguard Group Inc., Marshall Wace North America L.P., BlackRock Inc., Pictet Asset Management Ltd. and Pictet Asset Management Ltd.. Company insiders that have bought Westrock stock in the last two years include Currey M Russell and Ward H Dickson. View Insider Buying and Selling for Westrock.
How do I buy shares of Westrock?
Shares of WRK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Westrock's stock price today?
One share of WRK stock can currently be purchased for approximately $33.84.
How big of a company is Westrock?
Westrock has a market capitalization of $8.70 billion and generates $16.29 billion in revenue each year. The basic materials company earns $1.91 billion in net income (profit) each year or $4.09 on an earnings per share basis. Westrock employs 45,100 workers across the globe.View Additional Information About Westrock.
What is Westrock's official website?
How can I contact Westrock?
Westrock's mailing address is 1000 ABERNATHY ROAD NE, ATLANTA GA, 30328. The basic materials company can be reached via phone at 770-448-2193 or via email at [email protected]
MarketBeat Community Rating for Westrock (NYSE WRK)
MarketBeat's community ratings are surveys of what our community members think about Westrock and other stocks. Vote "Outperform" if you believe WRK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WRK will underperform the S&P 500 over the long term. You may vote once every thirty days.
