NYSE:LYBLyondellBasell Industries Stock Price, Forecast & News

LyondellBasell Industries' stock was trading at $54.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LYB shares have increased by 20.4% and is now trading at $65.04. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LyondellBasell Industries in the last year. There are currently 1 sell rating, 15 hold ratings, 5 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for LyondellBasell Industries.

LyondellBasell Industries is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for LyondellBasell Industries.

LyondellBasell Industries NV (NYSE:LYB) issued its quarterly earnings results on Friday, May, 1st. The specialty chemicals company reported $1.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.36 by $0.11. The specialty chemicals company had revenue of $7.49 billion for the quarter, compared to the consensus estimate of $7.60 billion. LyondellBasell Industries had a return on equity of 36.24% and a net margin of 8.14%. The company's quarterly revenue was down 14.6% compared to the same quarter last year. During the same period in the prior year, the business posted $2.22 EPS. View LyondellBasell Industries' earnings history.

LyondellBasell Industries declared a quarterly dividend on Friday, May 29th. Stockholders of record on Monday, June 8th will be given a dividend of $1.05 per share on Monday, June 15th. This represents a $4.20 annualized dividend and a dividend yield of 6.46%. The ex-dividend date of this dividend is Friday, June 5th. View LyondellBasell Industries' dividend history.

23 equities research analysts have issued 1 year target prices for LyondellBasell Industries' shares. Their forecasts range from $46.00 to $100.00. On average, they expect LyondellBasell Industries' stock price to reach $70.81 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View analysts' price targets for LyondellBasell Industries.

Headlines about LYB stock have been trending very negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. LyondellBasell Industries earned a daily sentiment score of -3.8 on InfoTrie's scale. They also assigned media coverage about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about LyondellBasell Industries.

LyondellBasell Industries saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,870,000 shares, a decline of 20.0% from the June 15th total of 7,340,000 shares. Based on an average trading volume of 2,840,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 2.3% of the shares of the stock are short sold. View LyondellBasell Industries' Current Options Chain.

Some companies that are related to LyondellBasell Industries include Clarivate Analytics (CCC), Westlake Chemical (WLK), Cabot (CBT), Kronos Worldwide (KRO), Tredegar (TG), Hawkins (HWKN), Koppers (KOP) and Trecora Resources (TREC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other LyondellBasell Industries investors own include AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Chevron (CVX), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM).

LyondellBasell Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "LYB."

LyondellBasell Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.06%), Manning & Napier Group LLC (0.05%), Wedge Capital Management L L P NC (0.03%), State of Alaska Department of Revenue (0.03%), Mount Yale Investment Advisors LLC (0.02%) and Unison Advisors LLC (0.01%). Company insiders that own LyondellBasell Industries stock include Ai Investments Holdings Llc, Bhavesh V Patel, Daniel M Coombs, Jagjeet S Bindra, Massimo Covezzi and Robin WT Buchanan. View institutional ownership trends for LyondellBasell Industries.

LYB stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Wedge Capital Management L L P NC, Legacy Capital Partners Inc., Manning & Napier Group LLC, Fulton Bank N. A., Mount Yale Investment Advisors LLC, Stolper Co, and IBM Retirement Fund. View insider buying and selling activity for LyondellBasell Industries.

LYB stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Unison Advisors LLC, Bangor Savings Bank, KG&L Capital Management LLC, Old North State Trust LLC, Hudson Valley Investment Advisors Inc. ADV, Old Port Advisors, and OmniStar Financial Group Inc.. Company insiders that have bought LyondellBasell Industries stock in the last two years include Ai Investments Holdings Llc, Bhavesh V Patel, Daniel M Coombs, Jagjeet S Bindra, and Robin WT Buchanan. View insider buying and selling activity for LyondellBasell Industries.

Shares of LYB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LYB stock can currently be purchased for approximately $65.04.

LyondellBasell Industries has a market capitalization of $21.70 billion and generates $34.73 billion in revenue each year. The specialty chemicals company earns $3.40 billion in net income (profit) each year or $9.62 on an earnings per share basis. LyondellBasell Industries employs 19,100 workers across the globe.

The official website for LyondellBasell Industries is www.lyondellbasell.com.

LyondellBasell Industries' mailing address is 1221 MCKINNEY ST SUITE 300, HOUSTON TX, 77010. The specialty chemicals company can be reached via phone at 713-309-7200 or via email at [email protected]