NYSE:WLK - Westlake Chemical Stock Price, Price Target & More

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

Westlake Chemical announced a quarterly dividend on Monday, May 21st. Stockholders of record on Wednesday, May 30th will be given a dividend of $0.21 per share on Wednesday, June 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Tuesday, May 29th. View Westlake Chemical's Dividend History.

Shares of Westlake Chemical split on the morning of Wednesday, March 19th 2014. The 2-1 split was announced on Tuesday, February 18th 2014. The newly issued shares were issued to shareholders after the closing bell 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) released its quarterly earnings results on Thursday, May, 3rd. The specialty chemicals company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.11. The specialty chemicals company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.14 billion. Westlake Chemical had a return on equity of 17.77% and a net margin of 17.61%. The business's quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.06 earnings per share. View Westlake Chemical's Earnings History.

Westlake Chemical is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Westlake Chemical.

18 brokers have issued 1-year price objectives for Westlake Chemical's stock. Their predictions range from $87.00 to $140.00. On average, they expect Westlake Chemical's share price to reach $117.9333 in the next year. View Analyst Ratings for Westlake Chemical.

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

Press coverage about WLK stock has trended somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Westlake Chemical earned a media sentiment score of 0.24 on Accern's scale. They also assigned media headlines about the specialty chemicals company an impact score of 44.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Westlake Chemical's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.18%), Dimensional Fund Advisors LP (0.87%), Prudential Financial Inc. (0.59%), RE Advisers Corp (0.48%), Royal Bank of Canada (0.38%) and Federated Investors Inc. PA (0.32%). 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, Michael J Mattina, 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 Millennium Management LLC, JPMorgan Chase & Co., Scopus Asset Management L.P., RE Advisers Corp, Federated Investors Inc. PA, Rothschild Asset Management Inc., Lord Abbett & CO. LLC and Victory Capital Management Inc.. 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, L Benjamin Ederington, Lawrence E Teel, Mark Steven Bender, Max L Lukens, 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 Prudential Financial Inc., Capital Growth Management LP, Mackay Shields LLC, KBC Group NV, Carillon Tower Advisers Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH and Royal Bank of Canada. 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 $104.99.

Westlake Chemical has a market capitalization of $14.19 billion and generates $8.04 billion in revenue each year. The specialty chemicals company earns $1.30 billion in net income (profit) each year or $5.47 on an earnings per share basis. Westlake Chemical employs 8,800 workers across the globe.

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]