Should I buy or sell WestRock stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WestRock in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

6 brokers have issued twelve-month target prices for WestRock's shares. Their WRK share price targets range from $37.00 to $48.00. On average, they expect the company's stock price to reach $42.40 in the next twelve months. This suggests that the stock has a possible downside of 11.6%. View analysts price targets for WRK or view top-rated stocks among Wall Street analysts .

How have WRK shares performed in 2024?

WestRock's stock was trading at $41.52 at the beginning of the year. Since then, WRK shares have increased by 15.5% and is now trading at $47.97. View the best growth stocks for 2024 here .

Are investors shorting WestRock?

WestRock saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 15,500,000 shares, an increase of 30.5% from the February 29th total of 11,880,000 shares. Based on an average daily volume of 2,150,000 shares, the short-interest ratio is presently 7.2 days. Approximately 6.1% of the shares of the stock are short sold. View WestRock's Short Interest .

When is WestRock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our WRK earnings forecast .

How were WestRock's earnings last quarter?

WestRock (NYSE:WRK) posted its quarterly earnings results on Thursday, February, 1st. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.15. The basic materials company earned $4.62 billion during the quarter, compared to the consensus estimate of $4.79 billion. WestRock had a positive trailing twelve-month return on equity of 6.87% and a negative net margin of 8.58%. The firm's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.55 earnings per share.

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

WestRock announced a quarterly dividend on Friday, January 26th. Investors of record on Friday, February 9th will be paid a dividend of $0.3025 per share on Wednesday, February 21st. This represents a $1.21 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date is Thursday, February 8th. Read our dividend analysis for WRK .

Is WestRock a good dividend stock?

WestRock (NYSE:WRK) pays an annual dividend of $1.21 per share and currently has a dividend yield of 2.56%. Read our dividend analysis for WRK .

What ETFs hold WestRock's stock?

ETFs with the largest weight of WestRock (NYSE:WRK) stock in their portfolio include iShares Emergent Food and AgTech Multisector ETF (IVEG) , Invesco MSCI Global Timber ETF (CUT) , iShares Global Timber & Forestry ETF (WOOD) , Invesco S&P 500 Equal Weight Materials ETF (RTM) , Invesco S&P 500 Equal Weight Materials ETF (RSPM) , ProShares Merger ETF (MRGR) , Goldman Sachs Future Planet Equity ETF (GSFP) and SRH U.S. Quality ETF (SRHQ) .

How will WestRock's stock buyback program work?

WestRock announced that its board has authorized a share repurchase program 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. Stock repurchase programs are generally a sign that the company's leadership believes its shares are 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) .

Who are WestRock's major shareholders?

WestRock's stock is owned by a number of retail and institutional investors. Top institutional investors include CHURCHILL MANAGEMENT Corp (0.07%), Kwmg LLC (0.05%), Alpha Omega Wealth Management LLC (0.05%), Wealth Enhancement Advisory Services LLC (0.02%), Richard P Slaughter Associates Inc (0.02%) and Czech National Bank (0.02%). Insiders that own company stock include Currey M Russell , James E Nevels , John L O'neal , Thomas Stigers and Vicki L Lostetter. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

NYSE:WRK

WestRock (WRK) Stock Price, News & Analysis

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$47.53

+0.30 (+0.64%)

(As of 03:28 PM ET)

Compare

Today's Range: $47.37
▼
$48.01
50-Day Range: $42.29
▼
$49.45
52-Week Range: $26.85
▼
$49.67

Volume: 982,579 shs
Average Volume: 2.13 million shs
Market Capitalization: $12.27 billion

P/E Ratio: N/A
Dividend Yield: 2.55%
Price Target: $42.40

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WestRock MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 11.6% Downside
$42.40 Price Target
Short Interest: Bearish
6.01% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.96
Upright™ Environmental Score
News Sentiment: 0.93
Based on 3 Articles This Week
Insider Trading: Selling Shares
$149,695 Sold Last Quarter
Proj. Earnings Growth: 73.33%
From $1.95 to $3.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.91 out of 5 stars

Basic Materials Sector

84th out of 171 stocks

Paperboard Containers & Boxes Industry

4th out of 4 stocks

1.2

Analyst's Opinion

Consensus Rating
WestRock has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
WestRock has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.01% of the float of WestRock has been sold short.
Short Interest Ratio / Days to Cover
WestRock has a short interest ratio ("days to cover") of 7.2.
Change versus previous month
Short interest in WestRock has recently decreased by 1.03%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
WestRock pays a meaningful dividend of 2.56%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
WestRock has only been increasing its dividend for 3 years.
Dividend Sustainability
Based on earnings estimates, WestRock will have a dividend payout ratio of 35.80% next year. This indicates that WestRock will be able to sustain or increase its dividend.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
WestRock 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 Sustainability
The Environmental Impact score for WestRock is -0.96.

2.2

News and Social Media Coverage

News Sentiment
WestRock has a news sentiment score of 0.93. 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 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for WestRock this week, compared to 5 articles on an average week.
Search Interest
Only 3 people have searched for WRK on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added WestRock to their MarketBeat watchlist in the last 30 days. This is a decrease of -18% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $149,695.00 in company stock.
Percentage Held by Insiders
Only 0.49% of the stock of WestRock is held by insiders.
Percentage Held by Institutions
83.38% of the stock of WestRock is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for WestRock are expected to grow by 73.33% in the coming year, from $1.95 to $3.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WestRock is -7.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of WestRock is -7.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
WestRock has a PEG Ratio of 3.86. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
WestRock has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About WestRock Stock (NYSE:WRK)

WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia. It operates through four segments: Corrugated Packaging, Consumer Packaging, Global Paper, and Distribution. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards to consumer and industrial products manufacturers, and corrugated box manufacturers. It also provides structural and graphic design, engineering services and custom, and proprietary and standard automated packaging machines; turn-key installation, automation, line integration, and packaging solutions; machinery solution that creates pouches; and pack temporary displays, as well as lithographic laminated packaging products. The Consumer Packaging segment manufactures and sells folding cartons that are used to package food, paper, beverages, dairy products, confectionery, health and beauty, and other household consumer products, as well as express mail packages for the overnight courier industry. It also offers inserts and labels, as well as rigid packaging and other printed packaging products, such as transaction cards, brochures, product literature, marketing materials, and grower tags, and plant stakes; and paperboard packaging for over-the-counter and prescription drugs. In addition, this segment manufactures and sells solid fiber and corrugated partitions, and die-cut paperboard components. The Global Paper segment manufactures containerboard, paperboard, and specialty grades primarily to corrugated packaging, folding carton, food service, liquid packaging, tobacco, and commercial print markets. The Distribution segment distributes corrugated packaging materials and other specialty packaging products, including stretch films, void fills, carton sealing tapes, and other specialty tapes; and provides contract packing services. The company is based in Atlanta, Georgia.

WRK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WRK Stock News Headlines

April 16, 2024 | americanbankingnews.com

WestRock (NYSE:WRK) Research Coverage Started at StockNews.com

April 8, 2024 | markets.businessinsider.com

Wells Fargo Reaffirms Their Hold Rating on WestRock (WRK)

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 27, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: WestRock (WRK) and PVH (PVH)

March 15, 2024 | finance.yahoo.com

WRK Apr 2024 52.500 call

March 13, 2024 | finance.yahoo.com

Q4 2023 Westrock Coffee Co Earnings Call

March 12, 2024 | forbes.com

Chasing Paper Profit With WestRock Buy Write

February 28, 2024 | finance.yahoo.com

Those who invested in WestRock (NYSE:WRK) a year ago are up 45%

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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February 27, 2024 | seekingalpha.com

WestRock Company: Hold, Technicals Are Neutral And Upside Is Limited

February 22, 2024 | benzinga.com

WestRock Stock (NYSE:WRK) Earnings Dates and Earning Calls

February 17, 2024 | finance.yahoo.com

WRK Mar 2024 45.000 call

February 13, 2024 | finance.yahoo.com

WRK Mar 2024 40.000 call

February 7, 2024 | finance.yahoo.com

WestRock Co's Dividend Analysis

February 2, 2024 | msn.com

Could Soaring Cardboard Prices Tell Us How the Economy’s Doing?

February 2, 2024 | markets.businessinsider.com

Buy Rating Affirmed for WestRock on Strong Box Shipments and Strategic Price Increases