Innospec - IOSP Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innospec in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" IOSP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IOSP, but not buy additional shares or sell existing shares.
View IOSP analyst ratings or view top-rated stocks.

Innospec's stock was trading at $102.86 at the beginning of the year. Since then, IOSP stock has decreased by 0.1% and is now trading at $102.78.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our IOSP earnings forecast.

Innospec Inc. (NASDAQ:IOSP) released its earnings results on Tuesday, February, 21st. The specialty chemicals company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.37 by $0.17. The specialty chemicals company had revenue of $510.70 million for the quarter, compared to the consensus estimate of $485.73 million. Innospec had a trailing twelve-month return on equity of 14.14% and a net margin of 6.77%. The business's revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.30 EPS.

Innospec announced a Semi-Annual dividend on Tuesday, November 8th. Shareholders of record on Monday, November 21st will be given a dividend of $0.65 per share on Monday, November 28th. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 18th. This is an increase from the stock's previous Semi-Annual dividend of $0.63.
Read our dividend analysis for IOSP.

ETFs with the largest weight of Innospec (NASDAQ:IOSP) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Invesco DWA Basic Materials Momentum ETF (PYZ), iShares S&P Small-Cap 600 Growth ETF (IJT), SPDR S&P 600 Small Cap Growth ETF (SLYG), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) and Invesco Nasdaq Future Gen 200 ETF (QQQS).

Innospec (NASDAQ:IOSP) pays an annual dividend of $1.30 per share and currently has a dividend yield of 1.30%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IOSP will have a dividend payout ratio of 19.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IOSP.

12 employees have rated Innospec Chief Executive Officer Patrick S. Williams on Glassdoor.com. Patrick S. Williams has an approval rating of 96% among the company's employees. This puts Patrick S. Williams in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Innospec investors own include NVIDIA (NVDA), Altria Group (MO), Ecolab (ECL), Eastman Chemical (EMN), Corning (GLW), Realty Income (O), Pfizer (PFE), Sherwin-Williams (SHW), Weyerhaeuser (WY) and Applied Materials (AMAT).

Innospec trades on the NASDAQ under the ticker symbol "IOSP."

Innospec's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (9.87%), Dimensional Fund Advisors LP (4.84%), Victory Capital Management Inc. (4.13%), Victory Capital Management Inc. (4.12%), Alliancebernstein L.P. (2.65%) and Geode Capital Management LLC (1.86%). Insiders that own company stock include Brian Watt, Catherine Hessner, Corbin Barnes, David B Jones, David Landless, Ian Cleminson, Ian Malcolm Mcrobbie, Leslie J Parrette, Milton C Blackmore, Patrick Williams and Philip John Boon.
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Shares of IOSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IOSP stock can currently be purchased for approximately $102.78.

Innospec (NASDAQ:IOSP) has a market capitalization of $2.55 billion and generates $1.96 billion in revenue each year. The specialty chemicals company earns $133 million in net income (profit) each year or $5.32 on an earnings per share basis.

The company employs 2,100 workers across the globe.

Innospec's mailing address is 8310 SOUTH VALLEY HIGHWAY SUITE 350, ENGLEWOOD CO, 80112. The official website for the company is www.innospecinc.com. The specialty chemicals company can be reached via phone at (303) 792-5554, via email at brian.watt@innospecinc.com, or via fax at 303-792-5668.