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 0.78%. The ex-dividend date of this dividend is Tuesday, May 29th. View Westlake Chemical's Dividend History.

Westlake Chemical's stock split before market open on 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 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 earnings results on Thursday, May, 3rd. The specialty chemicals company reported $2.20 earnings per share (EPS) 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 the consensus estimate of $2.14 billion. Westlake Chemical had a net margin of 17.61% and a return on equity of 17.77%. The company's quarterly revenue was up 10.7% on a year-over-year basis. During the same period last 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 brokerages have issued 12-month price targets for Westlake Chemical's stock. Their predictions range from $87.00 to $150.00. On average, they expect Westlake Chemical's stock price to reach $119.8125 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Ratings for Westlake Chemical.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westlake Chemical in the last year. There are currently 2 sell ratings, 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News articles about WLK stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Westlake Chemical earned a coverage optimism score of 0.11 on Accern's scale. They also gave media headlines about the specialty chemicals company an impact score of 45.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Westlake Chemical's stock is owned by a variety of of institutional and retail investors. Top institutional investors include James Investment Research Inc. (0.12%), Cornerstone Wealth Management LLC (0.11%), Denali Advisors LLC (0.08%), Smith Graham & Co. Investment Advisors LP (0.07%), Contravisory Investment Management Inc. (0.04%) and Clinton Group Inc. (0.03%). 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 Amalgamated Bank, Smith Graham & Co. Investment Advisors LP and Highland Capital Management 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, 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 acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Cornerstone Wealth Management LLC, Contravisory Investment Management Inc., Clinton Group Inc., Bank of Montreal Can, Polaris Greystone Financial Group LLC, Viking Fund Management LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 $107.63.

Westlake Chemical has a market capitalization of $14.02 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]