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 declared a quarterly dividend on Monday, May 21st. Shareholders 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 yield of 0.78%. The ex-dividend date of this dividend is Tuesday, May 29th. 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 payable 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) issued its quarterly earnings results on Thursday, May, 3rd. The specialty chemicals company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.09 by $0.11. The specialty chemicals company earned $2.15 billion during the quarter, compared to analyst estimates of $2.14 billion. Westlake Chemical had a net margin of 17.61% and a return on equity of 17.77%. The business's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.06 EPS. 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 target prices for Westlake Chemical's shares. 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 11.2% 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).

Press coverage about WLK stock has been trending somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Westlake Chemical earned a media sentiment score of 0.18 on Accern's scale. They also gave media coverage about the specialty chemicals company an impact score of 44.78 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Westlake Chemical's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.08%), Contravisory Investment Management Inc. (0.04%), Clinton Group Inc. (0.03%), Bank of Montreal Can (0.03%), Polaris Greystone Financial Group LLC (0.02%) and Viking Fund Management LLC (0.02%). 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 acquired by a variety of institutional investors in the last quarter, including Contravisory Investment Management Inc., Clinton Group Inc., Bank of Montreal Can, Polaris Greystone Financial Group LLC, Viking Fund Management LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Gulf International Bank UK Ltd and Denali Advisors 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 $107.72.

Westlake Chemical has a market capitalization of $13.98 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]