NewMarket 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). It operates in petroleum additives segment, which is primarily represented by Afton. The tetraethyl lead (TEL) business of Ethyl is reflected in the All other category. Each of its subsidiaries manages its own assets and liabilities. Afton encompasses the petroleum additives business, while Ethyl represents the sale of TEL in North America and certain petroleum additives manufacturing operations. NewMarket Development manages the property that the Company owns in Richmond, Virginia consisting of approximately 60 acres. NewMarket Services provides various administrative services to NewMarket, Afton, Ethyl and NewMarket Development. It has operations in the United States, Canada, Europe, India and Latin America, among others.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Specialty Chemicals
- Sub-Industry: Specialty Chemicals
- Exchange: NYSE
- Symbol: NEU
- CUSIP: 65158710
- Previous Close: $441.27
- 50 Day Moving Average: $431.87
- 200 Day Moving Average: $422.18
- 52-Week Range: $334.99 - $447.97
- Trailing P/E Ratio: 21.48
- Foreward P/E Ratio: 20.08
- P/E Growth: 5.24
- Market Cap: $5.23B
- Outstanding Shares: 11,852,000
- Beta: 0.62
- Net Margins: 11.88%
- Return on Equity: 55.27%
- Return on Assets: 17.94%
Companies Related to NewMarket:
- Debt-to-Equity Ratio: 1.05%
- Current Ratio: 2.84%
- Quick Ratio: 1.78%
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 announced a quarterly dividend on Friday, October 28th. Shareholders of record on Thursday, December 15th will be paid a dividend of $1.60 per share on Monday, January 2nd. This represents a $6.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Tuesday, December 13th.
Where is NewMarket's stock going? Where will NewMarket's stock price be in 2017?
2 brokerages have issued 1-year price targets for NewMarket's shares. Their forecasts range from $440.00 to $440.00. On average, they anticipate NewMarket's stock price to reach $440.00 in the next year.
When will NewMarket announce their earnings?
NewMarket is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about NewMarket stock?
Here are some recent quotes from research analysts about NewMarket stock:
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)
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 owns NewMarket stock?
NewMarket's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Shelton Capital Management (16.04%), State Street Corp (1.88%), Dimensional Fund Advisors LP (0.53%), Renaissance Technologies LLC (0.35%), Burney Co. (0.33%) and Archon Partners LLC (0.25%).
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 State Street Corp, Renaissance Technologies LLC, Burney Co., Cantab Capital Partners LLP, State Board of Administration of Florida Retirement System, Raymond James Financial Services Advisors Inc., Zebra Capital Management LLC and New York State Teachers Retirement System.
Who bought NewMarket stock? Who is buying NewMarket stock?
NewMarket's stock was bought by a variety of institutional investors in the last quarter, including Shelton Capital Management, Russell Investments Group Ltd., AQR Capital Management LLC, Royce & Associates LP, Round Hill Asset Management, Dimensional Fund Advisors LP, First Interstate Bank and Guggenheim Capital LLC.
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 $441.27.