Forex Trading

WestRock WRK Stock Price, News & Analysis

what is the symbol of westrock company

Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued. 7 Wall Street research analysts have issued 1-year price objectives for WestRock’s stock. Their WRK share price targets range from $32.00 to $48.00. On average, they expect the company’s stock price to reach $40.67 in the next twelve months.

  1. According to 9 analysts, the average rating for WRK stock is “Buy.” The 12-month stock price forecast is $40.86, which is a decrease of -16.01% from the latest price.
  2. Approximately 4.4% of the shares of the company are short sold.
  3. Stockholders of record on Friday, February 9th will be given a dividend of $0.3025 per share on Wednesday, February 21st.
  4. During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks.
  5. There are currently 4 hold ratings and 3 buy ratings for the stock.

The ex-dividend date of this dividend is Thursday, February 8th. WestRock announced that its board has authorized a stock repurchase plan on Thursday, May 5th 2022, which authorizes the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases.

Smurfit Kappa CEO says Westrock merger will expand U.S. operations, is ‘fantastic’ for shareholders

This suggests that the stock has a possible downside of 16.5%. View analysts price targets for WRK or view top-rated stocks among Wall Street analysts. 7 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for WestRock in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock.

These are often companies that have high free cash flows and reward shareholders with a high… Packaging company WestRock’s (WRK) shares soared by almost 7% in pre-market trading on Tuesday after a merger announcement with Dublin-based Smurfit Kappa to create the world’s largest listed paper an… WestRock https://www.fx770.net/ saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 11,270,000 shares, an increase of 79.2% from the January 31st total of 6,290,000 shares. Based on an average trading volume of 2,510,000 shares, the days-to-cover ratio is presently 4.5 days.

WestRock to Release Fourth Quarter and Full Year 2023 Earnings on November 9, 2023

Approximately 4.4% of the shares of the company are short sold. WestRock’s stock was trading at $41.52 at the beginning of the year. Since then, WRK shares have increased by 17.3% and is now trading at $48.70. According to 9 analysts, the average rating for WRK stock is “Buy.” The 12-month stock price forecast is $40.86, which is a decrease of -16.01% from the latest price. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.

what is the symbol of westrock company

The consensus among Wall Street equities 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. During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks.

WestRock (WRK) Stock Price, News & Analysis

WestRock Company provides corrugated packaging solutions. The Company offers merchandising displays, paperboard, folding cartons, kraft papers, protective packaging, and pulp. WestRock declared a quarterly dividend on Friday, January 26th. Stockholders of record on Friday, February 9th will be given a dividend of $0.3025 per share on Wednesday, February 21st. This represents a $1.21 annualized dividend and a dividend yield of 2.48%.

The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. WestRock, Smurfit Kappa are in talks to create a company with combined value of roughly $20 billion. Tony Smurfit, CEO of packaging giant Smurfit Kappa, discusses the company’s announcement that they will merge with U.S. peer Westrock.