Westrock Company Company Profile (NYSE:WRK)

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

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.

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.

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

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.

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)

Some companies that are related to Westrock Company include International Paper Company (IP), Packaging Corporation of America (PKG), Mondi Plc (MNDI), DS Smith plc (SMDS), Graphic Packaging Holding Company (GPK), KapStone Paper and Packaging Corporation (KS), IG Design Group PLC (IGR), MeadWestvaco Corp. (MWV), Powerflute Oyj (POWR) and Rock-Tenn Company (RKT).

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

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.

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.

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.

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.

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