Westlake Corporation (WLK)

NYSE: WLK · IEX Real-Time Price · USD
156.18
-1.01 (-0.64%)
May 15, 2024, 4:00 PM EDT - Market closed
-0.64%
Market Cap 20.08B
Revenue (ttm) 12.17B
Net Income (ttm) 259.00M
Shares Out 128.57M
EPS (ttm) 1.99
PE Ratio 78.48
Forward PE 18.87
Dividend $2.00 (1.28%)
Ex-Dividend Date May 20, 2024
Volume 460,713
Open 158.26
Previous Close 157.19
Day's Range 155.46 - 158.29
52-Week Range 103.28 - 162.64
Beta 1.30
Analysts Hold
Price Target 150.25 (-3.8%)
Earnings Date May 1, 2024

About WLK

Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chlori... [Read more]

Sector Materials
IPO Date Aug 11, 2004
Employees 15,520
Stock Exchange NYSE
Ticker Symbol WLK
Full Company Profile

Financial Performance

In 2023, Westlake's revenue was $12.55 billion, a decrease of -20.55% compared to the previous year's $15.79 billion. Earnings were $479.00 million, a decrease of -78.68%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for WLK stock is "Hold." The 12-month stock price forecast is $150.25, which is a decrease of -3.80% from the latest price.

Price Target
$150.25
(-3.80% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Westlake Pipe & Fittings Expands Operations with New Distribution Center in Florida

HOUSTON--(BUSINESS WIRE)--Westlake Pipe & Fittings announces the grand opening of a new distribution center in Lakeland, Florida, a milestone in the company's strategic expansion efforts. The new faci...

12 hours ago - Business Wire

Westlake Corporation Declares Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50 cents per share for the first quarter of 2024. This dividend w...

5 days ago - Business Wire

Westlake to Showcase Solutions for Enhancing Your Life Every Day® at NPE 2024

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK), a global manufacturer and supplier of materials and innovative products, will showcase its solutions that enhance your life every day at NPE...

9 days ago - Business Wire

Westlake Water Solutions Reminds About Safety Risks Posed by Improper Pool Chlorination

HOUSTON--(BUSINESS WIRE)--Commercial pools around the country will soon open, ushering in the start of the summer season. In recognition of National Water Safety Month, which began on May 1st, Westlak...

13 days ago - Business Wire

24 Dividend Aristocrats in the stock market with the fastest-growing payouts

At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...

Other symbols: ABTADIADPAFGAFLBBYBMI
14 days ago - Market Watch

Westlake Corporation Reports First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced first quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per sh...

14 days ago - Business Wire

Westlake Royal Building Products™ Signs on as the Title Sponsor of the National Association of Home Builders (NAHB) National Home Remodeling Month Initiative in May

HOUSTON​--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), announced today that the company has signed on as the title sponsor of this year's Nationa...

15 days ago - Business Wire

Westlake Epoxy Introducing New Lower Yellowing Epoxy Products

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy will launch several new lower yellowing epoxy products at the American Coatings Show 2024, to be held in ...

23 days ago - Business Wire

Westlake Announces First Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its first quarter 2024 earnings prior to the market opening on Wednesday, May 1, 2024. The company will host a conference call a...

4 weeks ago - Business Wire

Westlake to Host Housing & Infrastructure Products-Focused Investor Event

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced that it will host an investor event focused on its Housing & Infrastructure Products (“HIP”) businesses on Thursday, June 13,...

2 months ago - Business Wire

DaVinci Roofscapes® Launches “FRESH Colors for Homes with Brick or Stone” E-book

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), has re-introduced DaVinci® Roofscapes' online e-book providing expert insights to homeowner...

2 months ago - Business Wire

Westlake Royal Building Products™ Showcases DaVinci Roofscapes® Composite Products at 2024 International Builders' Show (IBS)

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), showcases its DaVinci Roofscapes® line of premium composite slate and shake roof tiles at t...

2 months ago - Business Wire

Westlake Royal Building Products™ Introduces Royal™ Knock Down Column Wraps for Easy, Affordable Curb Appeal

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), is pleased to introduce its Royal™ Knock Down Column Wraps, an easy-to-install and cost-e...

2 months ago - Business Wire

Westlake Royal Building Products™ Launches Royal™ WoodTone Styles

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today the launch of Royal™ WoodTone Styles, blending rich wood looks with the r...

2 months ago - Business Wire

Westlake Royal Building Products™ Announces 2024 Industry Trends at 2024 International Builders' Show

LAS VEGAS--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), is showcasing three industry trends during the 2024 NAHB International Builders' Show® (I...

2 months ago - Business Wire

Westlake Epoxy Receives ISCC PLUS Certification at its Duisburg, Germany Site

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that its Westlake Epoxy Duisburg, Germany manufacturing site has received the International Sustainability & Carbon Plus (ISC...

2 months ago - Business Wire

Westlake Royal Building Products™ to Unveil New Roofing Launches, Feature Durable and Efficient Roofing Lines at International Builders' Show

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), a leader in efficient and durable roofing systems and components, will exhibit its energy-e...

2 months ago - Business Wire

Westlake Royal Building Products™ to Showcase Be Boundless™ Campaign, Top Industry Trends and New Product Innovations at 2024 International Builders' Show

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), will showcase its Be Boundless™ campaign, top industry trends and new product innovations a...

2 months ago - Business Wire

Westlake Corporation Reports Fourth Quarter and Full Year 2023 Results

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced fourth quarter and full year 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except p...

3 months ago - Business Wire

Westlake Announces Fourth Quarter and Full Year Earnings for 2023 Conference Call

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its fourth quarter and full year 2023 earnings prior to the market opening on Tuesday, February 20, 2024. The company will host ...

3 months ago - Business Wire

Unified Steel™ Introduces New Material List Generator at International Roofing Expo

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE: WLK), introduced today an all new Material List Generator exclusively for Unified Steel™, a pr...

3 months ago - Business Wire

Westlake Royal Building Products™ to Host Versetta Stone Installation Demonstration at The Buildings Show

WOODBRIDGE, Ontario--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), will exhibit at The Buildings Show 2023, taking place November 29 to December...

6 months ago - Business Wire

Westlake Royal Building Products™ Announces Expanded Partnership with SBP-owned U.S. LUMBER and Amerhart

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), today announced an expanded partnership with U.S. LUMBER and Amerhart, which are both Spe...

6 months ago - Business Wire

Westlake Corporation Reports Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data) ...

6 months ago - Business Wire

Westlake Releases 2022 Environmental, Social and Governance Report

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today released its 2022 Environmental, Social and Governance (ESG) report, which marks the company's sixth annual update on sustainability ad...

7 months ago - Business Wire