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Westrock Stock Price, News & Analysis (NYSE:WRK)

$36.31
+0.06 (+0.17 %)
(As of 10/17/2019 06:31 AM ET)
Today's Range
$36.20
Now: $36.31
$37.22
50-Day Range
$32.38
MA: $35.61
$39.19
52-Week Range
$31.94
Now: $36.31
$48.55
Volume2.40 million shs
Average Volume2.45 million shs
Market Capitalization$9.33 billion
P/E Ratio8.88
Dividend Yield5.02%
Beta1.62
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. Read More…

Industry, Sector and Symbol

Industry Paperboard containers & boxes
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone770-448-2193

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.29 billion
Cash Flow$9.01 per share
Book Value$45.01 per share

Profitability

Net Income$1.91 billion

Miscellaneous

Employees45,100
Market Cap$9.33 billion
Next Earnings Date11/7/2019 (Confirmed)
OptionableOptionable

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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. Shareholders of record on Friday, August 9th will be paid a dividend of $0.455 per share on Tuesday, August 20th. This represents a $1.82 annualized dividend and a yield of 5.01%. The ex-dividend date is Thursday, August 8th. View Westrock's Dividend History.

How were Westrock's earnings last quarter?

Westrock Co (NYSE:WRK) released its quarterly earnings data on Thursday, August, 1st. The basic materials company reported $1.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 return on equity of 8.97% and a net margin of 4.65%. The firm's quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.09 earnings per share. View Westrock's Earnings History.

When is Westrock's next earnings date?

Westrock is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Westrock.

How can I listen to Westrock's earnings call?

Westrock will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for WRK?

10 brokerages have issued 1-year target prices for Westrock's stock. Their predictions range from $32.00 to $54.00. On average, they expect Westrock's stock price to reach $44.75 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Westrock.

What is the consensus analysts' recommendation for Westrock?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westrock in the last year. There are currently 1 sell rating, 7 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 projects adjusted segment EBITDA at $880-$925 million for fourth-quarter fiscal 2019. Benefits from higher sequential seasonal volumes across both segments will be offset by lower containerboard prices. The company’s guidance for fiscal 2019 adjusted EBITDA is at $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. The estimates for the current quarter and fiscal have thus undergone negative revisions lately. Nevertheless, the acquisition of KapStone is likely to generate significant cost synergies and expand its paper packaging product offering in the days ahead. Productivity and performance improvement programs and cost-saving actions remain tailwinds. The company also remains focused on lowering debt levels." (10/14/2019)
  • 2. KeyCorp analysts commented, "We’re maintaining our FY19 adj. EBITDA estimate as we were already below the midpoint of guidance, as well as our well below-consensus FY20 adj. EBITDA estimate; we’re raising our FY20 free cash flow estimate on more favorable working capital. WRK will presumably issue FY20 adj. EBITDA and cash flow guidance on its upcoming F4Q19 call. We’re maintaining our FY19 adj. EBITDA estimate of $3.241B (guidance is ~$3.25B at the midpoint) and FY20 estimate of $2.915B (a substantial ~7% below consensus of $3.143B according to Bloomberg). In FY20, WRK should benefit from additional KapStone synergies (we assume $50M-$60M), recent capital projects ($70M of expected EBITDA benefits), and the non-recurrence of costs associated with those capital projects (which totaled $36M in the past two quarters)." (9/23/2019)

Has Westrock been receiving favorable news coverage?

Media stories about WRK stock have been trending very negative recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Westrock earned a news impact score of -3.2 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Westrock.

Are investors shorting Westrock?

Westrock saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 4,380,000 shares, a drop of 18.0% from the August 30th total of 5,340,000 shares. Based on an average daily volume of 2,310,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.7% of the shares of the stock are short sold. View Westrock's Current Options Chain.

Who are some of Westrock's key competitors?

What other stocks do shareholders of Westrock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westrock investors own include Micron Technology (MU), AbbVie (ABBV), CVS Health (CVS), AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), Alibaba Group (BABA), Verizon Communications (VZ), Walt Disney (DIS) and Exxon Mobil (XOM).

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 retail and institutional investors. Top institutional shareholders include Patten & Patten Inc. TN (0.49%), Gateway Investment Advisers LLC (0.07%), Salem Capital Management Inc. (0.05%), State of Alaska Department of Revenue (0.04%), Three Peaks Capital Management LLC (0.02%) and Northpointe Capital LLC (0.02%). 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 major investors are selling Westrock stock?

WRK stock was sold by a variety of institutional investors in the last quarter, including Patten & Patten Inc. TN, Gateway Investment Advisers LLC, Northpointe Capital LLC, Salem Capital Management Inc. and Crossmark Global Holdings Inc.. 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 major investors are buying Westrock stock?

WRK stock was purchased by a variety of institutional investors in the last quarter, including Three Peaks Capital Management LLC, State of Alaska Department of Revenue, Wealthfront Advisers LLC, Assenagon Asset Management S.A., DNB Asset Management AS, Advisor Partners LLC, Successful Portfolios LLC and Pacer Advisors Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Westrock's stock price today?

One share of WRK stock can currently be purchased for approximately $36.31.

How big of a company is Westrock?

Westrock has a market capitalization of $9.33 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?

The official website for Westrock is http://www.westrock.com/.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  395 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  725
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.
This page was last updated on 10/17/2019 by MarketBeat.com Staff

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