What is Zacks Research’s Estimate for Westlake Q3 Earnings?

Westlake Corp. (NYSE:WLK) – Research analysts at Zacks Research decreased their Q3 2026 EPS estimates for shares of Westlake in a research report issued on Tuesday, July 15th. Zacks Research analyst R. Department now expects that the specialty chemicals company will post earnings per share of $1.57 for the quarter, down from their previous estimate of $1.76. The consensus estimate for Westlake’s current full-year earnings is $6.48 per share. Zacks Research also issued estimates for Westlake’s Q4 2026 earnings at $0.38 EPS and Q1 2027 earnings at $0.92 EPS.

Several other analysts have also issued reports on WLK. Wall Street Zen lowered shares of Westlake from a “hold” rating to a “sell” rating in a research report on Friday, May 9th. Mizuho increased their price target on shares of Westlake from $82.00 to $98.00 and gave the stock an “outperform” rating in a research note on Tuesday. The Goldman Sachs Group cut their price objective on shares of Westlake from $130.00 to $95.00 and set a “neutral” rating on the stock in a report on Tuesday, May 6th. Morgan Stanley cut their price target on shares of Westlake from $122.00 to $98.00 and set an “equal weight” rating on the stock in a report on Monday, May 12th. Finally, Wells Fargo & Company lifted their price target on shares of Westlake from $76.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $93.77.

Westlake Stock Up 2.7%

WLK opened at $83.48 on Thursday. Westlake has a one year low of $68.55 and a one year high of $153.34. The company has a fifty day moving average price of $77.45 and a 200-day moving average price of $95.02. The firm has a market capitalization of $10.71 billion, a P/E ratio of 28.01, a price-to-earnings-growth ratio of 9.67 and a beta of 0.91. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.63 and a quick ratio of 1.86.

Westlake (NYSE:WLK) last posted its quarterly earnings results on Friday, May 2nd. The specialty chemicals company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($1.01). Westlake had a return on equity of 4.19% and a net margin of 3.23%. The company had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.97 billion. During the same period last year, the firm posted $1.34 EPS. The company’s revenue for the quarter was down 4.3% compared to the same quarter last year.

Westlake Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Tuesday, May 20th were paid a $0.525 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $2.10 dividend on an annualized basis and a yield of 2.52%. Westlake’s dividend payout ratio is currently 70.47%.

Institutional Trading of Westlake

Several institutional investors have recently modified their holdings of the stock. Treasurer of the State of North Carolina raised its position in Westlake by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 14,742 shares of the specialty chemicals company’s stock worth $1,690,000 after acquiring an additional 90 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its stake in shares of Westlake by 2.2% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 4,877 shares of the specialty chemicals company’s stock valued at $557,000 after buying an additional 104 shares in the last quarter. Parallel Advisors LLC boosted its position in Westlake by 33.9% during the first quarter. Parallel Advisors LLC now owns 525 shares of the specialty chemicals company’s stock worth $53,000 after purchasing an additional 133 shares during the period. Cetera Investment Advisers boosted its position in Westlake by 4.7% during the fourth quarter. Cetera Investment Advisers now owns 3,007 shares of the specialty chemicals company’s stock worth $345,000 after purchasing an additional 136 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Westlake by 0.5% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 29,396 shares of the specialty chemicals company’s stock worth $3,292,000 after purchasing an additional 151 shares during the period. Hedge funds and other institutional investors own 28.40% of the company’s stock.

About Westlake

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.