Q3 Earnings Forecast for Westlake Issued By Zacks Research

Westlake Corporation (NYSE:WLK) – Stock analysts at Zacks Research raised their Q3 2026 earnings estimates for shares of Westlake in a research note issued on Monday, August 24th. Zacks Research analyst Team now expects that the specialty chemicals company will earn $1.17 per share for the quarter, up from their prior estimate of $1.02. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Westlake’s current full-year earnings is $3.43 per share. Zacks Research also issued estimates for Westlake’s Q4 2026 earnings at $0.37 EPS and Q1 2027 earnings at $0.50 EPS.

A number of other analysts have also issued reports on the stock. Wall Street Zen raised shares of Westlake from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Truist Financial reduced their price target on Westlake from $127.00 to $104.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. BMO Capital Markets restated a “market perform” rating and set a $96.00 price objective on shares of Westlake in a report on Monday, July 6th. Citigroup lowered their price objective on Westlake from $95.00 to $85.00 and set a “neutral” rating for the company in a research report on Wednesday, June 24th. Finally, UBS Group reiterated a “buy” rating and set a $117.00 target price (down from $130.00) on shares of Westlake in a research report on Friday, June 5th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $93.92.

Westlake Stock Performance

Shares of WLK opened at $76.51 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.70 and a current ratio of 2.45. The company has a market capitalization of $9.78 billion, a price-to-earnings ratio of -7.99 and a beta of 0.63. The company’s 50 day simple moving average is $76.67 and its 200 day simple moving average is $93.49. Westlake has a 1 year low of $56.33 and a 1 year high of $124.23.

Westlake (NYSE:WLK) last released its quarterly earnings results on Tuesday, August 4th. The specialty chemicals company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.18. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.24 billion. Westlake had a negative net margin of 10.94% and a positive return on equity of 0.93%. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period last year, the company earned ($1.11) EPS.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in WLK. Caitong International Asset Management Co. Ltd purchased a new stake in Westlake during the third quarter valued at about $28,000. Quarry LP acquired a new stake in Westlake during the fourth quarter worth about $31,000. Fifth Third Bancorp raised its holdings in shares of Westlake by 71.3% in the 4th quarter. Fifth Third Bancorp now owns 562 shares of the specialty chemicals company’s stock worth $42,000 after purchasing an additional 234 shares during the period. CIBC Private Wealth Group LLC purchased a new position in shares of Westlake in the 3rd quarter worth about $53,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Westlake by 49.6% in the 2nd quarter. NewEdge Advisors LLC now owns 745 shares of the specialty chemicals company’s stock worth $57,000 after purchasing an additional 247 shares during the period. 28.40% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Westlake

In other Westlake news, Chairman Albert Chao sold 38,873 shares of Westlake stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $80.28, for a total value of $3,120,724.44. Following the transaction, the chairman owned 642,880 shares in the company, valued at $51,610,406.40. This trade represents a 5.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is currently owned by company insiders.

Westlake Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Tuesday, August 25th will be paid a dividend of $0.533 per share. This is an increase from Westlake’s previous quarterly dividend of $0.53. This represents a $2.13 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, August 25th. Westlake’s payout ratio is -22.13%.

About Westlake

Westlake Corp. is a global manufacturer of petrochemicals, polymers and building products, serving customers across industrial and residential markets. The company’s core operations encompass the production of vinyls—primarily polyvinyl chloride (PVC) and its key feedstock vinyl chloride monomer (VCM)—as well as chlor-alkali products including caustic soda and chlorine. In addition, Westlake produces ethylene, propylene and specialty elastomers, along with construction-related materials such as vinyl siding, trim, windows and roofing systems.

Operating a network of vertically integrated plants and distribution centers, Westlake serves markets in North America, Europe and Asia.