Westlake Corporation (WLK)

NYSE: WLK · IEX Real-Time Price · USD
152.80
+0.45 (0.30%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.30%
Market Cap 19.53B
Revenue (ttm) 12.55B
Net Income (ttm) 479.00M
Shares Out 128.22M
EPS (ttm) 3.70
PE Ratio 41.30
Forward PE 21.46
Dividend $2.00 (1.31%)
Ex-Dividend Date Feb 27, 2024
Volume 454,000
Open 152.59
Previous Close 152.35
Day's Range 151.55 - 153.30
52-Week Range 103.28 - 153.14
Beta 1.30
Analysts Hold
Price Target 134.91 (-11.71%)
Earnings Date May 2, 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 13 analysts, the average rating for WLK stock is "Hold." The 12-month stock price forecast is $134.91, which is a decrease of -11.71% from the latest price.

Price Target
$134.91
(-11.71% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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,...

16 days 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

5 weeks 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 fourth quarter of 2024. This dividend ...

5 weeks 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 ...

7 weeks 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...

7 weeks 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...

4 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...

4 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) ...

5 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...

5 months ago - Business Wire

Westlake Royal Window Solutions™ Offers an Array of Options to Meet New ENERGY STAR® 7.0 Efficiency Standards

HOUSTON--(BUSINESS WIRE)--New requirements for ENERGY STAR®-rated windows go into effect October 23, 2023, and Westlake Royal Window Solutions (Westlake Royal Windows), a Westlake company (NYSE:WLK), ...

5 months ago - Business Wire

Westlake Announces Third Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its third quarter 2023 earnings prior to the market opening on Thursday, November 2, 2023. The company will host a conference ca...

5 months ago - Business Wire

Zuri™ Premium Decking From Westlake Royal Building Products™ Named a Winner in Good Housekeeping's 2023 Home Renovation Awards

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today that Zuri™ Premium Decking was named as a winner in Good Housekeeping's 2...

5 months ago - Business Wire

Westlake Introduces High-Performance PIVOTAL™ Polyethylene Resin with Post-Consumer Content

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced the launch of PIVOTAL™, a line of “one-pellet solutions” for the introduction of post-consumer resin (PCR) into flexible pack...

7 months ago - Business Wire

Westlake Royal Building Products™ Rebrands Palight® Trimboard to Skytrim™ PVC Line

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products (USA), Inc. (“Westlake Royal”), a Westlake company (NYSE:WLK), announced today that Palight® Trimboard is now Skytrim™, a sophisticated line ...

7 months ago - Business Wire

Westlake raises quarterly dividend by 40% to 50 cents a share

Westlake Corp. WLK, +0.02%, a manufacturer and supplier of petrochemicals, polymers and fabricated building products, said Monday its board has agreed to raise its quarterly dividend by 40% to 50 cent...

8 months ago - Market Watch

Westlake Announces 40% Increase in Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50.00 cents per share for the second quarter of 2023, an increase...

8 months ago - Business Wire

Westlake Corporation Reports Second Quarter 2023 Results

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

8 months ago - Business Wire