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NYSE:NEU

NewMarket (NEU) Stock Price, News & Analysis

NewMarket logo
$525.67
-6.00 (-1.13%)
(As of 10/31/2024 ET)

About NewMarket Stock (NYSE:NEU)

Key Stats

Today's Range
$524.52
$532.92
50-Day Range
$518.61
$578.39
52-Week Range
$472.96
$650.00
Volume
20,040 shs
Average Volume
36,126 shs
Market Capitalization
$5.04 billion
P/E Ratio
12.27
Dividend Yield
1.90%
Price Target
N/A
Consensus Rating
N/A

Company Overview

NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, the company engages in the marketing of antiknock compounds, as well as contracted manufacturing and services activities; and owns and manages a real property in Virginia. It operates in North America, Latin America, Asia Pacific, Europe, the Middle East, Africa, and India. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.

NewMarket Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
70th Percentile Overall Score

NEU MarketRank™: 

NewMarket scored higher than 70% of companies evaluated by MarketBeat, and ranked 95th out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NewMarket is 12.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of NewMarket is 12.25, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 128.95.

  • Price to Book Value per Share Ratio

    NewMarket has a P/B Ratio of 4.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about NewMarket's valuation and earnings.
  • Percentage of Shares Shorted

    0.84% of the float of NewMarket has been sold short.
  • Short Interest Ratio / Days to Cover

    NewMarket has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NewMarket has recently decreased by 9.39%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    NewMarket pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    NewMarket has been increasing its dividend for 6 years.

  • Dividend Coverage

    The dividend payout ratio of NewMarket is 24.06%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about NewMarket's dividend.
  • Percentage of Shares Shorted

    0.84% of the float of NewMarket has been sold short.
  • Short Interest Ratio / Days to Cover

    NewMarket has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NewMarket has recently decreased by 9.39%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    NewMarket has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for NewMarket this week, compared to 3 articles on an average week.
  • Search Interest

    1 people have searched for NEU on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NewMarket insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $691,274.00 in company stock.

  • Percentage Held by Insiders

    20.40% of the stock of NewMarket is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    61.09% of the stock of NewMarket is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about NewMarket's insider trading history.
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NEU Stock News Headlines

NewMarket Corporation Declares Dividend of $2.50 Per Share

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NewMarket Corporation Declares Quarterly Dividend
NewMarket: Accelerating EBITDA After M&A Completion
See More Headlines

NEU Stock Analysis - Frequently Asked Questions

NewMarket's stock was trading at $545.83 at the beginning of 2024. Since then, NEU stock has decreased by 3.8% and is now trading at $524.97.
View the best growth stocks for 2024 here
.

NewMarket Co. (NYSE:NEU) released its quarterly earnings results on Wednesday, October, 23rd. The specialty chemicals company reported $13.79 earnings per share (EPS) for the quarter. The specialty chemicals company earned $724.95 million during the quarter. NewMarket had a trailing twelve-month return on equity of 37.06% and a net margin of 15.12%.

Top institutional investors of NewMarket include Allspring Global Investments Holdings LLC (1.78%), New York State Common Retirement Fund (0.42%), Robeco Institutional Asset Management B.V. (0.36%) and International Assets Investment Management LLC (0.22%). Insiders that own company stock include James E Rogers and Bruce R Hazelgrove III.
View institutional ownership trends
.

Shares of NEU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that NewMarket investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Ex-Dividend for 10/1 Dividend
9/16/2024
Dividend Payable
10/01/2024
Last Earnings
10/23/2024
Today
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/29/2025

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
Specialty Chemicals
CUSIP
65158710
Employees
2,000
Year Founded
1887

Profitability

Net Income
$388.86 million
Pretax Margin
19.13%

Debt

Sales & Book Value

Annual Sales
$2.78 billion
Cash Flow
$49.52 per share
Book Value
$112.31 per share

Miscellaneous

Free Float
7,637,000
Market Cap
$5.07 billion
Optionable
Optionable
Beta
0.49

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This page (NYSE:NEU) was last updated on 10/31/2024 by MarketBeat.com Staff
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