NYSE:WLK - Westlake Chemical Stock Price, News, & Analysis

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

Westlake Chemical announced a quarterly dividend on Friday, February 15th. Shareholders of record on Wednesday, February 27th will be paid a dividend of $0.25 per share on Wednesday, March 13th. This represents a $1.00 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Tuesday, February 26th. View Westlake Chemical's Dividend History.

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

Westlake Chemical Co. (NYSE:WLK) posted its earnings results on Tuesday, February, 19th. The specialty chemicals company reported $1.02 EPS for the quarter, missing analysts' consensus estimates of $1.72 by $0.70. The specialty chemicals company had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $2.10 billion. Westlake Chemical had a return on equity of 17.83% and a net margin of 11.53%. The firm's revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the company earned $1.62 EPS. View Westlake Chemical's Earnings History.

Westlake Chemical is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Westlake Chemical.

14 equities research analysts have issued twelve-month price targets for Westlake Chemical's stock. Their forecasts range from $72.00 to $150.00. On average, they expect Westlake Chemical's stock price to reach $103.3846 in the next year. This suggests a possible upside of 36.8% from the stock's current price. View Analyst Price Targets for Westlake Chemical.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westlake Chemical in the last year. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westlake Chemical.

Press coverage about WLK stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Westlake Chemical earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned media stories about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Some companies that are related to Westlake Chemical include LyondellBasell Industries (LYB), International Flavors & Fragrances (IFF), Braskem (BAK), NewMarket (NEU), Methanex (MEOH), Sensient Technologies (SXT), Codexis (CDXS), Renewable Energy Group (REGI), FutureFuel (FF), Westlake Chemical Partners (WLKP), Green Plains (GPRE), REX American Resources (REX), Green Plains Partners (GPP), Amyris (AMRS) and Sino United Worldwide Consolidated (SUIC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Westlake Chemical investors own include Twitter (TWTR), General Electric (GE), Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), Ultra Clean (UCTT), Mattel (MAT), Boeing (BA), Cisco Systems (CSCO) and UnitedHealth Group (UNH).

Westlake Chemical's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.57%), Dimensional Fund Advisors LP (0.91%), Millennium Management LLC (0.65%), Bank of New York Mellon Corp (0.64%), Nuveen Asset Management LLC (0.33%) and Geode Capital Management LLC (0.29%). Company insiders that own Westlake Chemical stock include Albert Chao, Andrew Kenner, Dorothy C Jenkins, George J Mangieri, James Chao, L Benjamin Ederington, Lawrence E Teel, Mark Steven Bender, Max L Lukens, Robert F Buesinger and Robert T Blakely. View Institutional Ownership Trends for Westlake Chemical.

WLK stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, First Trust Advisors LP, Strs Ohio, James Investment Research Inc., Fort Pitt Capital Group LLC, Prudential Financial Inc., BlackRock Inc. and Squarepoint Ops LLC. Company insiders that have sold Westlake Chemical company stock in the last year include Albert Chao, Andrew Kenner, Dorothy C Jenkins, George J Mangieri, James Chao, Lawrence E Teel, Mark Steven Bender, Robert F Buesinger and Robert T Blakely. View Insider Buying and Selling for Westlake Chemical.

WLK stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Nuveen Asset Management LLC, Gotham Asset Management LLC, Canada Pension Plan Investment Board, Two Sigma Investments LP, Stifel Financial Corp, Cambiar Investors LLC and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Westlake Chemical.

Shares of WLK 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, Scottrade, Fidelity and Charles Schwab.

One share of WLK stock can currently be purchased for approximately $75.57.

Westlake Chemical has a market capitalization of $9.71 billion and generates $8.64 billion in revenue each year. The specialty chemicals company earns $1.30 billion in net income (profit) each year or $7.81 on an earnings per share basis. Westlake Chemical employs 8,800 workers across the globe.

The official website for Westlake Chemical is http://www.westlake.com.

Westlake Chemical's mailing address is 2801 POST OAK BLVD SUITE 600, HOUSTON TX, 77056. The specialty chemicals company can be reached via phone at 713-960-9111 or via email at [email protected]