S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61

Westlake Stock Forecast, Price & News

+4.77 (+5.03%)
(As of 06/24/2022 07:00 PM ET)
Today's Range
50-Day Range
52-Week Range
1.62 million shs
Average Volume
778,533 shs
Market Capitalization
$12.78 billion
P/E Ratio
Dividend Yield
Price Target
30 days | 90 days | 365 days | Advanced Chart

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WLK Stock Forecast (MarketRank)

Overall MarketRank

3.53 out of 5 stars

Basic Materials Sector

4th out of 241 stocks

Industrial Organic Chemicals Industry

2nd out of 25 stocks

Analyst Opinion: 4.2Community Rank: 4.3Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -
Westlake logo

About Westlake (NYSE:WLK)

Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. It operates through two segments, Performance and Essential Materials; and Housing and Infrastructure Products. The Performance and Essential Materials segment manufactures and markets polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and chlorinated derivative products. The Housing and Infrastructure Products segment manufactures and sells residential PVC siding; PVC trim and moldings; roofing applications; decorative stone; windows; PVC decking; PVC films for various inflatables, wallcovering, tape, and roofing applications; polymer composite roof tiles; PVC pipe and fittings; PVC compounds; and various consumer and commercial products such as landscape edging; industrial, home and office matting; marine dock edging; and masonry joint controls. The company offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.

WLK Stock News Headlines

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Industry, Sector and Symbol

Industrial organic chemicals
Commodity Chemicals
Year Founded

Company Calendar

Last Earnings
Ex-Dividend for 6/7 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecasted Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
10 Analysts


Net Income
$2.02 billion
Pretax Margin


Sales & Book Value

Annual Sales
$11.78 billion
Cash Flow
$22.33 per share
Book Value
$66.72 per share


Free Float
Market Cap
$12.78 billion

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Westlake Frequently Asked Questions

Should I buy or sell Westlake stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westlake in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Westlake stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WLK, but not buy additional shares or sell existing shares.
View analyst ratings for Westlake
or view top-rated stocks.

What is Westlake's stock price forecast for 2022?

10 analysts have issued twelve-month price targets for Westlake's stock. Their WLK stock forecasts range from $89.00 to $155.00. On average, they anticipate Westlake's share price to reach $137.91 in the next twelve months. This suggests a possible upside of 38.5% from the stock's current price.
View analysts' price targets for Westlake
or view top-rated stocks among Wall Street analysts.

How has Westlake's stock performed in 2022?

Westlake's stock was trading at $97.13 on January 1st, 2022. Since then, WLK shares have increased by 2.5% and is now trading at $99.60.
View the best growth stocks for 2022 here

Are investors shorting Westlake?

Westlake saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 1,880,000 shares, an increase of 28.8% from the May 15th total of 1,460,000 shares. Based on an average daily volume of 794,900 shares, the days-to-cover ratio is presently 2.4 days. Currently, 5.6% of the shares of the company are sold short.
View Westlake's Short Interest

When is Westlake's next earnings date?

Westlake is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Westlake

How were Westlake's earnings last quarter?

Westlake Co. (NYSE:WLK) released its earnings results on Tuesday, May, 3rd. The specialty chemicals company reported $5.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.70 by $1.13. The specialty chemicals company earned $4.06 billion during the quarter, compared to analysts' expectations of $3.46 billion. Westlake had a net margin of 18.76% and a trailing twelve-month return on equity of 30.67%. The business's quarterly revenue was up 72.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.87 earnings per share.
View Westlake's earnings history

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

Westlake announced a quarterly dividend on Saturday, May 14th. Stockholders of record on Monday, May 23rd will be given a dividend of $0.2975 per share on Tuesday, June 7th. This represents a $1.19 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Friday, May 20th.
View Westlake's dividend history

Is Westlake a good dividend stock?

Westlake(NYSE:WLK) pays an annual dividend of $1.19 per share and currently has a dividend yield of 1.19%. Westlake has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Westlake is 6.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Westlake will have a dividend payout ratio of 6.64% next year. This indicates that Westlake will be able to sustain or increase its dividend.
View Westlake's dividend history.

When did Westlake's stock split? How did Westlake's stock split work?

Westlake shares split before market open on Wednesday, March 19th 2014. The 2-1 split was announced on Tuesday, February 18th 2014. The newly issued shares were distributed to shareholders after the closing bell on Tuesday, March 18th 2014. An investor that had 100 shares of Westlake stock prior to the split would have 200 shares after the split.

Who are Westlake's key executives?

Westlake's management team includes the following people:
  • Mr. Albert Yuan Chao, Pres, CEO & Director (Age 72, Pay $4.74M)
  • Mr. Mark Steven Bender CPA, Exec. VP & CFO (Age 65, Pay $1.84M) (LinkedIn Profile)
  • Mr. Roger Lester Kearns, COO and Exec. VP of Performance & Essential Materials (Age 59, Pay $1.84M)
  • Mr. Robert F. Buesinger, Exec. VP of Housing, Infrastructure Products, IT & Digital (Age 65, Pay $1.59M) (LinkedIn Profile)
  • Mr. Johnathan Stevan Zoeller, VP & Chief Accounting Officer (Age 46)
  • Mr. L. Benjamin Ederington, Exec. VP, Gen. Counsel, Chief Admin. Officer & Corp. Sec. (Age 51) (LinkedIn Profile)
  • Lawrence Schubert, VP of Corp. Devel. & Sustainability
  • Dr. Karl-Martin Schellerer, Managing Director of Vinnolit Bus. and VP
  • Thomas J. Janssens, Sr. VP of Operations, PEM & Corp. Logistics
  • Mr. Jeff Holy, VP & Treasurer

What is Albert Chao's approval rating as Westlake's CEO?

60 employees have rated Westlake CEO Albert Chao on Glassdoor.com. Albert Chao has an approval rating of 91% among Westlake's employees. This puts Albert Chao in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 73.0% of employees surveyed would recommend working at Westlake to a friend.

Who are some of Westlake's key competitors?

What other stocks do shareholders of Westlake own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westlake investors own include NVIDIA (NVDA), Home Depot (HD), Advanced Micro Devices (AMD), Boeing (BA), Micron Technology (MU), UnitedHealth Group (UNH), Mastercard (MA), Walmart (WMT), Broadcom (AVGO) and Costco Wholesale (COST).

What is Westlake's stock symbol?

Westlake trades on the New York Stock Exchange (NYSE) under the ticker symbol "WLK."

Who are Westlake's major shareholders?

Westlake's stock is owned by many different institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (3.16%), Vanguard Group Inc. (3.15%), Dimensional Fund Advisors LP (1.78%), BlackRock Inc. (1.21%), Federated Hermes Inc. (1.01%) and Acadian Asset Management LLC (0.65%). Company insiders that own Westlake stock include Albert Chao, Andrew Kenner, Dorothy C Jenkins, George J Mangieri, Johnathan Stevan Zoeller, Johnathan Stevan Zoeller, L Benjamin Ederington, Lawrence E Teel, Mark Steven Bender, Robert F Buesinger, Roger L Kearns and Ttwfgp Llc.
View institutional ownership trends for Westlake

Which major investors are selling Westlake stock?

WLK stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Prudential Financial Inc., Fort Pitt Capital Group LLC, BlackRock Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Acadian Asset Management LLC, and Arrowstreet Capital Limited Partnership. Company insiders that have sold Westlake company stock in the last two years include Albert Chao, Andrew Kenner, Johnathan Stevan Zoeller, L Benjamin Ederington, Lawrence E Teel, Mark Steven Bender, Robert F Buesinger, and Roger L Kearns.
View insider buying and selling activity for Westlake
or view top insider-selling stocks.

Which major investors are buying Westlake stock?

WLK stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., First Trust Advisors LP, Pacer Advisors Inc., Panagora Asset Management Inc., Robotti Robert, Bank of America Corp DE, Luminus Management LLC, and Teachers Retirement System of The State of Kentucky.
View insider buying and selling activity for Westlake
or or view top insider-buying stocks.

How do I buy shares of Westlake?

Shares of WLK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Westlake's stock price today?

One share of WLK stock can currently be purchased for approximately $99.60.

How much money does Westlake make?

Westlake (NYSE:WLK) has a market capitalization of $12.78 billion and generates $11.78 billion in revenue each year. The specialty chemicals company earns $2.02 billion in net income (profit) each year or $19.54 on an earnings per share basis.

How many employees does Westlake have?

Westlake employs 14,550 workers across the globe.

Does Westlake have any subsidiaries?

The following companies are subsidiares of Westlake: Axiall Canada Inc., Axiall Corporation, Axiall Holdco Inc., Axiall LLC, Axiall Limited Partnership, Axiall Noteco Inc., Axiall Taiwan Ltd., CertainTeed Corporation, Eagle Natrium LLC, Eagle Spinco Inc., Eagle US 2 LLC, Lagoon LLC, Nakan, North American Pipe Corporation, North American Specialty Products LLC, Plastic Trends Inc., Rome Acquisition Holding Corp., Rome Delaware Corp., Royal Building Products (USA) Inc., Royal Group Inc., Taiwan Chlorine Industries Ltd., Vinnolit Benelux-France B.V.B.A., Vinnolit GmbH & Co. KG, Vinnolit Holdings, Vinnolit Holdings GmbH, Vinnolit Italia S.r.L., Vinnolit Limited, Vinnolit Monomer Geschäftsführungs GmbH, Vinnolit Schkopau GmbH, Vinnolit Treuhand GmbH, WPT LLC, Westlake Chemical Finance Corporation, Westlake Chemical Investments Inc., Westlake Chemical OpCo LP, Westlake Chemical Partners GP LLC, Westlake Chemical Partners LP, Westlake Compounds LLC, Westlake Development Corporation, Westlake International Holdings Cooperatief U.A., Westlake International Holdings II C.V., Westlake International I B.V., Westlake Longview Corporation, Westlake Management Services Inc., Westlake Olefins LLC, Westlake Petrochemicals LLC, Westlake Polymers LLC, Westlake Styrene LLC, Westlake Switzerland GmbH, Westlake Vinyl Corporation, Westlake Vinyls Company LP, and Westlake Vinyls Inc..
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When was Westlake founded?

Westlake was founded in 1986.

How can I contact Westlake?

Westlake's mailing address is 2801 POST OAK BLVD SUITE 600, HOUSTON TX, 77056. The official website for Westlake is www.westlake.com. The specialty chemicals company can be reached via phone at (713) 960-9111, via email at [email protected], or via fax at 713-963-1590.

This page (NYSE:WLK) was last updated on 6/27/2022 by MarketBeat.com Staff

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