NYSE:LYBLyondellBasell Industries Stock Price, Forecast & News

LyondellBasell Industries' stock was trading at $54.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LYB shares have increased by 42.2% and is now trading at $76.77. 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, 14 hold ratings, 6 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) announced its quarterly earnings results on Friday, May, 1st. The specialty chemicals company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. The specialty chemicals company had revenue of $7.49 billion for the quarter, compared to analyst estimates of $7.60 billion. LyondellBasell Industries had a return on equity of 36.08% and a net margin of 8.14%. LyondellBasell Industries's revenue for the quarter was down 14.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.22 EPS. View LyondellBasell Industries' earnings history.

LyondellBasell Industries announced a quarterly dividend on Friday, May 29th. Shareholders 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 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date of this dividend is Friday, June 5th. View LyondellBasell Industries' dividend history.

23 analysts have issued 12-month target prices for LyondellBasell Industries' shares. Their forecasts range from $46.00 to $104.00. On average, they expect LyondellBasell Industries' stock price to reach $70.86 in the next year. This suggests that the stock has a possible downside of 7.7%. View analysts' price targets for LyondellBasell Industries.

News articles about LYB stock have trended somewhat negative on Friday, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing 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 five, with scores closest to five being the most favorable. LyondellBasell Industries earned a news impact score of -1.7 on InfoTrie's scale. They also assigned media headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutLyondellBasell Industries.

LyondellBasell Industries saw a increase in short interest in 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 trading volume of 3,480,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.7% 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 variety of retail and institutional investors. Top institutional shareholders 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, Morgan Stanley, Invesco Ltd., and Bahl & Gaynor Inc.. View insider buying and selling activity for LyondellBasell Industries.

LYB stock was acquired 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 $76.77.

LyondellBasell Industries has a market capitalization of $25.62 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]