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

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$85.95 -0.31 (-0.36 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$85.95
Today's Range$85.4701 - $87.26
52-Week Range$79.98 - $124.29
Volume716,187 shs
Average Volume822,401 shs
Market Capitalization$11.18 billion
P/E Ratio10.84
Dividend Yield1.16%
Beta1.49
Westlake Chemical logoWestlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products primarily in North America and Europe. It operates through two segments, Olefins and Vinyls. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells building products fabricated from PVC, including pipe, fittings, profiles, trims, moldings, fence and decking products, window and door components, and film and sheet products. Westlake Chemical Corporation offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses in various consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1985 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Industrial organic chemicals
Sub-IndustryCommodity Chemicals
SectorBasic Materials
SymbolNYSE:WLK
CUSIP96041310
Phone713-960-9111

Debt

Debt-to-Equity Ratio0.46
Current Ratio2.27
Quick Ratio1.51

Price-To-Earnings

Trailing P/E Ratio10.84
Forward P/E Ratio9.81
P/E Growth0.78

Sales & Book Value

Annual Sales$8.04 billion
Price / Sales1.39
Cash Flow$10.1356 per share
Price / Cash8.48
Book Value$41.59 per share
Price / Book2.07

Profitability

EPS (Most Recent Fiscal Year)$5.47
Net Income$1.30 billion
Net Margins18.55%
Return on Equity19.44%
Return on Assets8.99%

Miscellaneous

Employees8,800
Outstanding Shares129,660,000
Market Cap$11.18 billion

Westlake Chemical (NYSE:WLK) Frequently Asked Questions

What is Westlake Chemical's stock symbol?

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

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

Westlake Chemical declared a quarterly dividend on Monday, August 20th. Shareholders of record on Tuesday, August 28th will be given a dividend of $0.25 per share on Wednesday, September 12th. This represents a $1.00 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Monday, August 27th. This is an increase from Westlake Chemical's previous quarterly dividend of $0.21. View Westlake Chemical's Dividend History.

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

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.

How were Westlake Chemical's earnings last quarter?

Westlake Chemical Co. (NYSE:WLK) issued its earnings results on Thursday, August, 2nd. The specialty chemicals company reported $2.22 EPS for the quarter, missing the consensus estimate of $2.52 by $0.30. The specialty chemicals company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.19 billion. Westlake Chemical had a return on equity of 19.44% and a net margin of 18.55%. The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.21 EPS. View Westlake Chemical's Earnings History.

When is Westlake Chemical's next earnings date?

Westlake Chemical is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Westlake Chemical.

What price target have analysts set for WLK?

19 brokerages have issued twelve-month price targets for Westlake Chemical's shares. Their forecasts range from $87.00 to $150.00. On average, they anticipate Westlake Chemical's stock price to reach $114.8125 in the next year. This suggests a possible upside of 33.6% from the stock's current price. View Analyst Price Targets for Westlake Chemical.

What is the consensus analysts' recommendation for Westlake Chemical?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westlake Chemical in the last year. There are currently 2 sell ratings, 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westlake Chemical.

Who are some of Westlake Chemical's key competitors?

Who are Westlake Chemical's key executives?

Westlake Chemical's management team includes the folowing people:
  • Mr. Albert Yuan Chao, Pres, CEO & Director (Age 68)
  • Mr. Steven Mark Bender CPA, Exec. VP & CFO (Age 61)
  • Mr. L. Benjamin Ederington, Chief Admin. Officer, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Robert F. Buesinger, Exec. VP of Vinyl Products (Age 61)
  • Mr. George J. Mangieri, Sr. VP & Chief Accounting Officer (Age 67)

Who are Westlake Chemical's major shareholders?

Westlake Chemical's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (5.69%), BlackRock Inc. (1.49%), Bank of New York Mellon Corp (0.92%), Bank of New York Mellon Corp (0.92%), Dimensional Fund Advisors LP (0.87%) and Advisors Asset Management Inc. (0.46%). 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.

Which institutional investors are selling Westlake Chemical stock?

WLK stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Canada Pension Plan Investment Board, Bank of America Corp DE, Carillon Tower Advisers Inc., Mackay Shields LLC, RE Advisers Corp, Bank of New York Mellon Corp and Bank of New York Mellon Corp. 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.

Which institutional investors are buying Westlake Chemical stock?

WLK stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Advisors Asset Management Inc., BlackRock Inc., Glenmede Trust Co. NA, James Investment Research Inc., Cornerstone Wealth Management LLC, Sumitomo Mitsui Trust Holdings Inc. and Swiss National Bank. View Insider Buying and Selling for Westlake Chemical.

How do I buy shares of 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.

What is Westlake Chemical's stock price today?

One share of WLK stock can currently be purchased for approximately $85.95.

How big of a company is Westlake Chemical?

Westlake Chemical has a market capitalization of $11.18 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.

What is Westlake Chemical's official website?

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

How can I contact Westlake Chemical?

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]


MarketBeat Community Rating for Westlake Chemical (NYSE WLK)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  616
MarketBeat's community ratings are surveys of what our community members think about Westlake Chemical and other stocks. Vote "Outperform" if you believe WLK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WLK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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