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 (WHO). Since then, LYB shares have increased by 11.9% and is now trading at $60.42. View which stocks have been most impacted by Coronavirus.

22 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, 4 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) released its earnings results on Friday, May, 1st. The specialty chemicals company reported $1.47 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.36 by $0.11. The specialty chemicals company earned $7.49 billion during the quarter, compared to analysts' expectations of $7.60 billion. LyondellBasell Industries had a return on equity of 36.08% and a net margin of 8.14%. The business's revenue was down 14.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.22 EPS. View LyondellBasell Industries' earnings history.

LyondellBasell Industries declared a quarterly dividend on Friday, February 21st. Investors of record on Monday, March 2nd will be given a dividend of $1.05 per share on Monday, March 9th. This represents a $4.20 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend is Friday, February 28th. View LyondellBasell Industries' dividend history.

22 brokerages have issued 12 month price objectives for LyondellBasell Industries' shares. Their forecasts range from $46.00 to $104.00. On average, they expect LyondellBasell Industries' share price to reach $69.80 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View analysts' price targets for LyondellBasell Industries.

News articles about LYB stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LyondellBasell Industries earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave media headlines about the specialty chemicals company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutLyondellBasell Industries.

LyondellBasell Industries saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 6,930,000 shares, an increase of 22.7% from the April 30th total of 5,650,000 shares. Based on an average daily volume of 3,480,000 shares, the short-interest ratio is currently 2.0 days. Currently, 2.7% of the shares of the stock are sold short. 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 variety of retail and institutional investors. Top institutional investors include Capital International Investors (7.32%), Capital World Investors (6.66%), BlackRock Inc. (6.13%), State Street Corp (3.53%), Geode Capital Management LLC (1.16%) and American International Group Inc. (0.92%). 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 Janus Henderson Group PLC, Federated Hermes Inc., BlackRock Inc., Waddell & Reed Financial Inc., Morgan Stanley, Invesco Ltd., Deutsche Bank AG, and Raymond James & Associates. View insider buying and selling activity for LyondellBasell Industries.

LYB stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, APG Asset Management N.V., Prudential PLC, Bank of New York Mellon Corp, Ensign Peak Advisors Inc, Loews Corp, Swiss National Bank, and Todd Asset Management LLC. 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 $60.42.

LyondellBasell Industries has a market capitalization of $20.16 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 david.[email protected]