Smurfit Westrock PLC (NYSE:SW) Shareholders Set to Receive $0.45 Quarterly Dividend

Smurfit Westrock PLC (NYSE:SW) declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.4523 per share on Thursday, December 10th. This represents a $1.81 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, November 13th.

Smurfit Westrock has increased its dividend payment by an average of 0.1% per year over the last three years.

Smurfit Westrock Stock Down 4.9%

Shares of SW opened at $40.44 on Thursday. Smurfit Westrock has a 12 month low of $32.73 and a 12 month high of $52.65. The firm’s 50 day moving average is $44.24 and its 200-day moving average is $43.51. The stock has a market capitalization of $21.21 billion, a PE ratio of 43.02, a P/E/G ratio of 1.38 and a beta of 0.96. The company has a current ratio of 1.45, a quick ratio of 0.96 and a debt-to-equity ratio of 0.73.

Smurfit Westrock (NYSE:SW) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.15). Smurfit Westrock had a net margin of 1.59% and a return on equity of 4.60%. The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.29 billion. During the same period last year, the business earned $0.58 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. Equities research analysts forecast that Smurfit Westrock will post 1.94 EPS for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on SW shares. Wall Street Zen raised shares of Smurfit Westrock from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Morgan Stanley upped their price objective on shares of Smurfit Westrock from $57.00 to $58.00 and gave the stock an “overweight” rating in a report on Thursday, August 27th. Seaport Research Partners reaffirmed a “buy” rating and issued a $54.00 price objective on shares of Smurfit Westrock in a research note on Wednesday, August 12th. JPMorgan Chase & Co. lifted their price objective on shares of Smurfit Westrock from $68.00 to $69.00 and gave the company an “overweight” rating in a report on Wednesday, September 23rd. Finally, Loop Capital set a $71.00 target price on shares of Smurfit Westrock in a research report on Tuesday, July 28th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Smurfit Westrock has a consensus rating of “Moderate Buy” and a consensus price target of $56.46.

Smurfit Westrock Company Profile

Smurfit Westrock plc (NYSE:SW) is a global provider of sustainable paper and packaging solutions. The company produces containerboard, corrugated packaging, folding cartons, paper bags, displays and other packaging products designed for consumer, retail, industrial and e-commerce applications. It also provides packaging design, supply-chain support and recycling services.

Smurfit Westrock was formed in July 2024 through the combination of Smurfit Kappa Group and WestRock. The transaction brought together two established packaging businesses with roots in Europe and North America.