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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Tuesday, February 26th. View Westlake Chemical's Dividend History.

Shares of Westlake Chemical split on Wednesday, March 19th 2014. The 2-1 split was announced on Tuesday, February 18th 2014. The newly created shares were distributed 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) posted its quarterly earnings results on Tuesday, February, 19th. The specialty chemicals company reported $1.02 earnings per share 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 the consensus estimate of $2.10 billion. Westlake Chemical had a net margin of 11.53% and a return on equity of 17.83%. The company's revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.62 earnings per share. 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.

15 equities research analysts have issued 12-month price targets for Westlake Chemical's shares. Their forecasts range from $72.00 to $150.00. On average, they expect Westlake Chemical's share price to reach $100.3571 in the next twelve months. This suggests a possible upside of 44.0% from the stock's current price. View Analyst Price Targets for Westlake Chemical.

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

Media stories about WLK stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Westlake Chemical earned a daily sentiment score of -3.6 on InfoTrie's scale. They also assigned news coverage about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

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), Westlake Chemical Partners (WLKP), Green Plains (GPRE), FutureFuel (FF), REX American Resources (REX), Green Plains Partners (GPP), Sino United Worldwide Consolidated (SUIC) and Amyris (AMRS).

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

Westlake Chemical's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (5.97%), BlackRock Inc. (1.57%), Dimensional Fund Advisors LP (0.91%), Millennium Management LLC (0.65%), Bank of New York Mellon Corp (0.64%) and Norges Bank (0.38%). Company insiders that own Westlake Chemical stock include Albert Chao, Andrew Kenner, Dorothy C Jenkins, George J Mangieri, H John Riley Jr, 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 FMR LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Strs Ohio, James Investment Research Inc., Fort Pitt Capital Group LLC, Prudential Financial Inc. and BlackRock Inc.. Company insiders that have sold Westlake Chemical company stock in the last year include Albert Chao, Dorothy C Jenkins, H John Riley Jr, James Chao, Mark Steven Bender and Robert F Buesinger. View Insider Buying and Selling for Westlake Chemical.

WLK stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Nuveen Asset Management LLC, Gotham Asset Management LLC, Canada Pension Plan Investment Board, Two Sigma Investments LP, Stifel Financial Corp and Cambiar Investors LLC. 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 $69.70.

Westlake Chemical has a market capitalization of $8.95 billion and generates $8.64 billion in revenue each year. The specialty chemicals company earns $996 million in net income (profit) each year or $7.81 on an earnings per share basis. Westlake Chemical employs 8,870 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]