NewMarket Company Profile (NYSE:NEU)

About NewMarket (NYSE:NEU)

NewMarket logoNewMarket Corporation is a holding company. The Company is the parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services), and NewMarket Development Corporation (NewMarket Development). The Company operates through petroleum additives segment, which is primarily represented by Afton. The Company manufactures chemical components that are selected to perform one or more specific functions and combine those chemicals with other chemicals or components to form additive packages for use in specified end user applications. The petroleum additives product applications include lubricant additives and fuel additives. The Company's All other category includes the operations of the TEL business, as well as contract manufacturing and services performed by Ethyl. The Ethyl plant facility is located in Houston, Texas. It is involved in terminal operations related to TEL and other fuel additives.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Specialty Chemicals
  • Symbol: NYSE:NEU
  • CUSIP: 65158710
  • Web: www.newmarket.com
Capitalization:
  • Market Cap: $5.55 billion
  • Outstanding Shares: 11,852,000
Average Prices:
  • 50 Day Moving Avg: $457.64
  • 200 Day Moving Avg: $437.18
  • 52 Week Range: $385.66 - $483.86
P/E:
  • Trailing P/E Ratio: 22.59
  • Foreward P/E Ratio: 20.65
  • P/E Growth: 5.29
Sales & Book Value:
  • Annual Revenue: $2.08 billion
  • Price / Sales: 2.67
  • Book Value: $44.80 per share
  • Price / Book: 10.45
Dividend:
  • Annual Dividend: $6.40
  • Dividend Yield: 1.5%
Profitability:
  • EBIDTA: $407.43 million
  • Net Margins: 11.88%
  • Return on Equity: 55.27%
  • Return on Assets: 17.94%
Debt:
  • Debt-to-Equity Ratio: 1.05%
  • Current Ratio: 2.84%
  • Quick Ratio: 1.78%
Misc:
  • Average Volume: 40,424 shs.
  • Beta: 0.62
  • Short Ratio: 12.13
 

Frequently Asked Questions for NewMarket (NYSE:NEU)

What is NewMarket's stock symbol?

NewMarket trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEU."

How often does NewMarket pay dividends? What is the dividend yield for NewMarket?

NewMarket declared a quarterly dividend on Friday, April 28th. Shareholders of record on Thursday, June 15th will be paid a dividend of $1.75 per share on Monday, July 3rd. This represents a $7.00 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Tuesday, June 13th. View NewMarket's Dividend History.

How were NewMarket's earnings last quarter?

NewMarket Co. (NYSE:NEU) issued its quarterly earnings data on Wednesday, April, 26th. The company reported $5.39 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $4.04 by $1.35. The firm earned $542.80 million during the quarter, compared to analyst estimates of $509 million. NewMarket had a return on equity of 55.27% and a net margin of 11.88%. The company's revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the firm earned $5.42 EPS. View NewMarket's Earnings History.

What are analysts saying about NewMarket stock?

Here are some recent quotes from research analysts about NewMarket stock:

  • 1. According to Zacks Investment Research, "NewMarket Corporation through its subsidiaries, Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated chemical blends to market-general additive components, the NewMarket family of companies provides the world with the technology to make fuels burn cleaner, engines run smoother and machines last longer. " (12/28/2016)
  • 2. Longbow Research analysts commented, "Expectations of higher additive prices in 2H16 along with the modest increase in base oil costs seen in 2Q16 suggest a more challenging margin environment for ASH and other lube producers," (7/29/2016)

Who are some of NewMarket's key competitors?

Who owns NewMarket stock?

NewMarket's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of America Corp DE (12.76%), Vanguard Group Inc. (7.23%), BlackRock Inc. (6.04%), State Street Corp (1.92%), Bank of New York Mellon Corp (0.92%) and Neuberger Berman Group LLC (0.77%). Company insiders that own NewMarket stock include Robert A Shama and Thomas E Gottwald. View Institutional Ownership Trends for NewMarket.

Who sold NewMarket stock? Who is selling NewMarket stock?

NewMarket's stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Renaissance Technologies LLC, IronBridge Capital Management LP, Copeland Capital Management LLC, Denali Advisors LLC, Goldman Sachs Group Inc., Herndon Capital Management LLC and Credit Agricole S A. Company insiders that have sold NewMarket stock in the last year include Robert A Shama and Thomas E Gottwald. View Insider Buying and Selling for NewMarket.

Who bought NewMarket stock? Who is buying NewMarket stock?

NewMarket's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Martingale Asset Management L P, Russell Investments Group Ltd., Royce & Associates LP, Geode Capital Management LLC, State Street Corp and Oxford Asset Management. View Insider Buying and Selling for NewMarket.

How do I buy NewMarket stock?

Shares of NewMarket can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of NewMarket stock cost?

One share of NewMarket stock can currently be purchased for approximately $468.02.

Analyst Ratings

Consensus Ratings for NewMarket (NYSE:NEU) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for NewMarket (NYSE:NEU)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/30/2016BMO Capital MarketsDowngradeOutperform -> Market PerformN/AView Rating Details
7/29/2016Longbow ResearchDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for NewMarket (NYSE:NEU)
Earnings by Quarter for NewMarket (NYSE:NEU)
Earnings History by Quarter for NewMarket (NYSE:NEU)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017Q1 2017$4.04$5.39$509.00 million$542.80 millionViewN/AView Earnings Details
1/31/2017Q416$4.15$3.86$473.90 million$501.60 millionViewN/AView Earnings Details
10/26/2016Q316$5.09$6.00$521.10 million$516.09 millionViewN/AView Earnings Details
7/27/2016Q216$5.46$5.50$556.60 million$521.80 millionViewN/AView Earnings Details
4/27/2016Q116$4.86$5.42$525.03 million$509.90 millionViewN/AView Earnings Details
2/1/2016Q415$4.16$4.44$511.12 million$479.60 millionViewN/AView Earnings Details
10/26/2015Q315$4.54$5.25$559.74 million$540.90 millionViewListenView Earnings Details
7/28/2015Q215$5.27$4.65$581.95 million$560.70 millionViewListenView Earnings Details
4/22/2015Q115$4.87$5.26$549.40 million$559.57 millionViewN/AView Earnings Details
1/29/2015Q414$3.92$4.30$559.25 million$548.90 millionViewN/AView Earnings Details
10/29/2014Q314$4.85$4.52$599.50 million$589.70 millionViewN/AView Earnings Details
7/29/2014Q214$4.96$5.35$613.17 million$620.44 millionViewN/AView Earnings Details
4/23/2014Q114$5.32$4.54$593.10 million$576.42 millionViewN/AView Earnings Details
1/31/2014Q413$3.55$4.01$529.92 million$556.40 millionViewN/AView Earnings Details
10/28/2013Q313$4.65$4.32$562.49 million$580.50 millionViewN/AView Earnings Details
7/30/2013Q2 2013$4.87$4.81$612.17 million$583.80 millionViewN/AView Earnings Details
4/24/2013Q1 2013$4.82$5.04$574.82 million$562.60 millionViewN/AView Earnings Details
1/28/2013Q4 2012$4.11$3.47$538.90 million$516.20 millionViewN/AView Earnings Details
10/25/2012$4.36$4.91ViewN/AView Earnings Details
7/30/2012$4.55$4.12ViewN/AView Earnings Details
4/25/2012$3.50$5.03ViewN/AView Earnings Details
2/1/2012$3.42$2.57ViewN/AView Earnings Details
11/1/2011$3.78$5.22ViewN/AView Earnings Details
8/3/2011$3.64$3.77ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for NewMarket (NYSE:NEU)
Current Year EPS Consensus Estimate: $20.56 EPS
Next Year EPS Consensus Estimate: $22.66 EPS

Dividends

Current Dividend Information for NewMarket (NYSE:NEU)
Next Dividend:7/3/2017
Annual Dividend:$6.40
Dividend Yield:1.37%
Dividend Growth:33.30% (3 Year Average)
Payout Ratio:31.16% (Trailing 12 Months of Earnings)
31.13% (Based on This Year's Estimates)
28.24% (Based on Next Year's Estimates)
Track Record:8 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for NewMarket (NYSE:NEU)

Dividend History by Quarter for NewMarket (NYSE:NEU)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/28/2017quarterly$1.751.49%6/13/20176/15/20177/3/2017
2/24/2017quarterly$1.751.58%3/13/20173/15/20174/3/2017
10/28/2016quarterly$1.601.59%12/13/201612/15/20161/2/2017
8/12/2016quarterly$1.601.49%9/13/20169/15/201610/1/2016
4/29/2016quarterly$1.601.58%6/13/20166/15/20167/1/2016
2/26/2016quarterly$1.601.72%3/11/20163/15/20164/1/2016
10/22/2015quarterly$1.601.68%12/11/201512/15/20151/1/2016
8/7/2015quarterly$1.401.44%9/11/20159/15/201510/1/2015
4/24/2015quarterly$1.401.21%6/11/20156/15/20157/1/2015
2/27/2015quarterly$1.401.19%3/12/20153/16/20154/1/2015
10/23/2014quarterly$1.401.45%12/11/201412/15/20141/1/2015
7/29/2014quarterly$1.101.12%9/11/20149/15/201410/1/2014
4/24/2014quarterly$1.101.18%6/12/20146/16/20147/1/2014
2/27/2014quarterly$1.101.19%3/13/20143/17/20144/1/2014
10/24/2013quarterly$1.101.43%12/12/201312/16/20131/1/2014
7/18/2013quarterly$0.901.31%9/12/20139/16/201310/1/2013
4/25/2013quarterly$0.901.36%6/13/20136/17/20137/1/2013
2/28/2013quarterly$0.901.43%3/13/20133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NewMarket (NYSE:NEU)
Insider Ownership Percentage: 16.84%
Institutional Ownership Percentage: 56.72%
Insider Trades by Quarter for NewMarket (NYSE:NEU)
Institutional Ownership by Quarter for NewMarket (NYSE:NEU)
Insider Trades by Quarter for NewMarket (NYSE:NEU)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Robert A ShamaInsiderSell230$458.60$105,478.00View SEC Filing  
2/28/2017Thomas E GottwaldChairmanSell5,000$438.89$2,194,450.00View SEC Filing  
8/26/2014Thomas E GottwaldCEOSell10,000$406.83$4,068,300.00View SEC Filing  
11/11/2013David FiorenzaCFOSell1,000$312.09$312,090.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for NewMarket (NYSE:NEU)
Latest Headlines for NewMarket (NYSE:NEU)
Source:
DateHeadline
americanbankingnews.com logoNewMarket Co. (NEU) Insider Sells $105,478.00 in Stock
www.americanbankingnews.com - May 16 at 8:23 PM
americanbankingnews.com logo NewMarket Co. (NEU) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 16 at 6:42 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Affect NewMarket (NEU) Stock Price
www.americanbankingnews.com - May 9 at 12:51 AM
finance.yahoo.com logoETFs with exposure to NewMarket Corp. : May 3, 2017
finance.yahoo.com - May 3 at 5:49 PM
americanbankingnews.com logoNewMarket (NEU) Earning Somewhat Favorable Press Coverage, Analysis Shows
www.americanbankingnews.com - May 2 at 11:54 PM
finance.yahoo.com logoNewMarket Corp. :NEU-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017
finance.yahoo.com - May 2 at 7:50 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Likely to Impact NewMarket (NEU) Share Price
www.americanbankingnews.com - April 29 at 3:54 PM
finance.yahoo.com logoEdited Transcript of NEU earnings conference call or presentation 27-Apr-17 7:00pm GMT
finance.yahoo.com - April 29 at 8:14 AM
americanbankingnews.com logoNewMarket Co. (NEU) Plans Quarterly Dividend of $1.75
www.americanbankingnews.com - April 28 at 11:18 PM
finance.yahoo.com logoNewMarket posts 1Q profit
finance.yahoo.com - April 26 at 11:29 PM
americanbankingnews.com logoNewMarket Co. (NEU) Releases Quarterly Earnings Results, Beats Expectations By $1.35 EPS
www.americanbankingnews.com - April 26 at 10:08 PM
finance.yahoo.com logoInvestor Network Invites You to the NewMarket Corporation First Quarter 2017 Earnings Conference Call and Webcast Live on Thursday, April 27, 2017
finance.yahoo.com - April 26 at 6:28 PM
finance.yahoo.com logoNewMarket Corporation Reports First Quarter 2017 Results
finance.yahoo.com - April 26 at 6:28 PM
americanbankingnews.com logoNewMarket (NEU) Given Daily News Sentiment Rating of 0.53
www.americanbankingnews.com - April 26 at 3:36 PM
americanbankingnews.com logoZacks: NewMarket Co. (NEU) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 26 at 9:58 AM
americanbankingnews.com logoNewMarket (NEU) Receives Daily News Impact Score of 0.05
www.americanbankingnews.com - April 23 at 7:21 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Affect NewMarket (NEU) Share Price
www.americanbankingnews.com - April 17 at 9:53 PM
americanbankingnews.com logoNewMarket (NEU) Earning Somewhat Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 14 at 11:04 PM
americanbankingnews.com logoZacks: NewMarket Co. (NEU) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 11 at 8:51 PM
finance.yahoo.com logoNewMarket Corp. : NEU-US: Dividend Analysis : March 15th, 2017 (record date) : By the numbers : April 5, 2017
finance.yahoo.com - April 7 at 11:26 AM
finance.yahoo.com logoNewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2017 Financial Results
finance.yahoo.com - March 31 at 6:55 PM
americanbankingnews.com logoZacks: NewMarket Co. (NEU) Receives Consensus Recommendation of "" from Analysts
www.americanbankingnews.com - March 27 at 11:32 AM
thestreet.com logoThese 4 Commodity Stocks Are Showing Bullish Chart Patterns
www.thestreet.com - March 14 at 10:48 AM
us.rd.yahoo.com logo5:02 pm NewMarket increases quarterly dividend to $1.75/share from $1.60/share
us.rd.yahoo.com - February 24 at 7:53 PM
finance.yahoo.com logoNewMarket Corporation Declares a 9% Increase in Quarterly Dividend
finance.yahoo.com - February 23 at 6:50 PM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - February 23 at 6:50 PM
finance.yahoo.com logoNEWMARKET CORP Financials
finance.yahoo.com - February 18 at 6:01 PM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 16 at 6:21 PM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 8 at 7:41 PM
seekingalpha.com logoNewMarket Corporation's (NEU) CEO Thomas Gottwald on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 3 at 7:33 PM
finance.yahoo.com logoEdited Transcript of NEU earnings conference call or presentation 1-Feb-17 3:00pm GMT
finance.yahoo.com - February 2 at 12:52 AM
biz.yahoo.com logoQ4 2016 NewMarket Corp Earnings Release - After Market Close
us.rd.yahoo.com - February 1 at 12:49 AM
capitalcube.com logoNewMarket Corp. : NEU-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : January 31, 2017
us.rd.yahoo.com - February 1 at 12:49 AM
us.rd.yahoo.com logoInvestor Network Invites You to the NewMarket Corporation Fourth Quarter and Year-End 2016 Earnings Conference Call and Webcast Live on Wednesday, February 1, 2017
us.rd.yahoo.com - February 1 at 12:49 AM
finance.yahoo.com logoNewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter 2016 and Year-End Financial Results
finance.yahoo.com - January 10 at 7:40 PM
publicnow.com logoNEUCA stepped down from Intra shares’ purchase
us.rd.yahoo.com - January 6 at 1:27 AM
publicnow.com logoNEUCA invests in the company Telemedycyna Polska
us.rd.yahoo.com - January 6 at 1:27 AM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat
biz.yahoo.com - January 5 at 8:25 PM
finance.yahoo.com logo5:01 pm NewMarket issued $250 million in senior unsecured notes with Prudential Capital Group
finance.yahoo.com - January 4 at 7:35 PM
finance.yahoo.com logoNewMarket Corporation Issues $250 Million Senior Unsecured Notes
finance.yahoo.com - January 4 at 7:35 PM
finance.yahoo.com logoAfton Chemical Announces Acquisition of Aditivos Mexicanos, S.A. de C.V.
finance.yahoo.com - December 20 at 12:47 PM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements and
biz.yahoo.com - December 20 at 12:47 PM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - December 14 at 7:30 PM
cnbc.com logoNewMarket posts 3Q profit
www.cnbc.com - October 28 at 6:10 PM
finance.yahoo.com logoEdited Transcript of NEU earnings conference call or presentation 27-Oct-16 7:00pm GMT
finance.yahoo.com - October 28 at 6:10 PM
seekingalpha.com logoNewMarket Corporation's (NEU) CEO Teddy Gottwald on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 28 at 10:03 AM
finance.yahoo.com logoNewMarket Corporation Declares Quarterly Dividend
finance.yahoo.com - October 27 at 6:28 PM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements
biz.yahoo.com - October 27 at 6:28 PM
finance.yahoo.com logoInvestor Calendar Invites You to the NewMarket Corporation Third Quarter 2016 Earnings Conference Call and Webcast Live on Thursday, October 27, 2016
finance.yahoo.com - October 26 at 6:26 PM
finance.yahoo.com logoNewMarket Corporation Reports Third Quarter and First Nine Months 2016 Results
finance.yahoo.com - October 26 at 6:26 PM

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Chart

NewMarket (NEU) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff