NewMarket Company Profile (NYSE:NEU)

About NewMarket

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). 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
Key Metrics:
  • 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
Profitability:
  • 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%
Additional Links:
Companies Related to NewMarket:

Analyst Ratings

Consensus Ratings for NewMarket (NYSE:NEU) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $440.00 (0.29% downside)

Analysts' Ratings History for NewMarket (NYSE:NEU)
Show:
DateFirmActionRatingPrice TargetDetails
9/30/2016BMO Capital MarketsDowngradeOutperform -> Market PerformView Rating Details
7/29/2016Longbow ResearchDowngradeBuy -> NeutralView Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for NewMarket (NYSE:NEU)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/31/2017Q416$4.15$3.86$473.90 million$501.60 millionViewN/AView Earnings Details
10/26/2016Q316$5.22$6.00$521.10 million$516.09 millionViewN/AView Earnings Details
7/27/2016Q216$5.45$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$3.94$4.30$559.25 million$548.90 millionViewN/AView Earnings Details
10/29/2014Q314$4.88$4.52$599.50 million$589.70 millionViewN/AView Earnings Details
7/29/2014Q214$5.02$5.24$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: $20.11 EPS
Next Year EPS Consensus Estimate: $21.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$4.63$4.63$4.63
Q2 20161$5.46$5.46$5.46
Q3 20161$5.09$5.09$5.09
Q4 20161$3.89$3.89$3.89
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for NewMarket (NYSE:NEU)
Annual Dividend:$6.40
Dividend Yield:1.45%
Dividend Growth:33.30% (3 Year Average)
Payout Ratio:31.16% (Based on Trailing 12 Months of Earnings)
31.82% (Based on Current Year Consensus EPS Estimate)
29.12% (Based on Next Year Consensus EPS Estimate)
Track Record:8 Years of Consecutive Dividend Growth

Dividend History for NewMarket (NYSE:NEU)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for NewMarket (NYSE:NEU)
Insider Ownership Percentage: 16.84%
Institutional Ownership Percentage: 56.72%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for NewMarket (NYSE:NEU)
DateHeadline
finance.yahoo.com logoNEWMARKET CORP Financials (NYSE:NEU)
finance.yahoo.com - February 18 at 6:01 PM
biz.yahoo.com logoNEWMARKET CORP Files SEC form 10-K, Annual Report (NYSE:NEU)
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 (NYSE:NEU)
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 (NYSE:NEU)
seekingalpha.com - February 3 at 7:33 PM
capitalcube.com logoNewMarket Corp. :NEU-US: Earnings Analysis: Q4, 2016 By the Numbers : February 2, 2017 (NYSE:NEU)
www.capitalcube.com - February 2 at 7:40 PM
capitalcube.com logoNewMarket Corp. :NEU-US: Earnings Analysis: 2016 By the Numbers : February 2, 2017 (NYSE:NEU)
www.capitalcube.com - February 2 at 7:40 PM
finance.yahoo.com logoEdited Transcript of NEU earnings conference call or presentation 1-Feb-17 3:00pm GMT (NYSE:NEU)
finance.yahoo.com - February 2 at 12:52 AM
biz.yahoo.com logoQ4 2016 NewMarket Corp Earnings Release - After Market Close (NYSE:NEU)
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 (NYSE:NEU)
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 (NYSE:NEU)
us.rd.yahoo.com - February 1 at 12:49 AM
News IconSADIF Analytics releases new summary due diligence report for NewMarket Corp ($NEU). (NYSE:NEU)
reports.pr-inside.com - January 31 at 7:46 PM
4-traders.com logoNewMarket : posts 4Q profit (NYSE:NEU)
www.4-traders.com - January 31 at 7:46 PM
News IconNewMarket Corporation Reports Fourth Quarter and Full Year 2016 Results (NYSE:NEU)
www.enhancedonlinenews.com - January 31 at 7:46 PM
sg.finance.yahoo.com logoNewMarket posts 4Q profit (NYSE:NEU)
sg.finance.yahoo.com - January 31 at 7:46 PM
finance.yahoo.com logoNewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter 2016 and Year-End Financial Results (NYSE:NEU)
finance.yahoo.com - January 10 at 7:40 PM
publicnow.com logoNEUCA stepped down from Intra shares’ purchase (NYSE:NEU)
us.rd.yahoo.com - January 6 at 1:27 AM
publicnow.com logoNEUCA invests in the company Telemedycyna Polska (NYSE:NEU)
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 (NYSE:NEU)
biz.yahoo.com - January 5 at 8:25 PM
News IconBRIEF-Newmarket Corp says issued $250 mln in senior unsecured notes with Prudential Capital Group (NYSE:NEU)
fixedincome.fidelity.com - January 5 at 12:38 AM
finance.yahoo.com logo5:01 pm NewMarket issued $250 million in senior unsecured notes with Prudential Capital Group (NYSE:NEU)
finance.yahoo.com - January 4 at 7:35 PM
finance.yahoo.com logoNewMarket Corporation Issues $250 Million Senior Unsecured Notes (NYSE:NEU)
finance.yahoo.com - January 4 at 7:35 PM
marketexclusive.com logoNEWMARKET CORPORATION (NYSE:NEU) Files An 8-K Entry into a Material Definitive Agreement (NYSE:NEU)
marketexclusive.com - December 21 at 11:08 AM
kcregister.com logoNewMarket Corporation (NYSE:NEU) entry into a definitive purchase agreement to acquire Aditivos Mexicanos (NYSE:NEU)
www.kcregister.com - December 20 at 12:47 PM
finance.yahoo.com logoAfton Chemical Announces Acquisition of Aditivos Mexicanos, S.A. de C.V. (NYSE:NEU)
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 (NYSE:NEU)
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 (NYSE:NEU)
biz.yahoo.com - December 14 at 7:30 PM
News IconIs NewMarket Corporation (NEU) A Good Stock To Buy? (NYSE:NEU)
feedproxy.google.com - December 14 at 1:13 AM
capitalcube.com logoNewMarket Corp. breached its 50 day moving average in a Bearish Manner : NEU-US : November 23, 2016 (NYSE:NEU)
www.capitalcube.com - November 23 at 9:35 AM
publicnow.com logoDariusz Drewnicki a New Member of the NEUCA’s Board (NYSE:NEU)
www.publicnow.com - November 21 at 11:40 AM
publicnow.com logoParkiet: NEUCA share price record high (NYSE:NEU)
www.publicnow.com - November 21 at 11:40 AM
capitalcube.com logoETF’s with exposure to NewMarket Corp. : October 31, 2016 (NYSE:NEU)
www.capitalcube.com - October 31 at 8:12 PM
4-traders.com logoNewMarket Corporation : Reports Third Quarter and First Nine Months 2016 Results (NYSE:NEU)
www.4-traders.com - October 31 at 1:08 PM
cnbc.com logoNewMarket posts 3Q profit (NYSE:NEU)
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 (NYSE:NEU)
finance.yahoo.com - October 28 at 6:10 PM
capitalcube.com logoNewMarket Corp. :NEU-US: Earnings Analysis: Q3, 2016 By the Numbers : October 28, 2016 (NYSE:NEU)
www.capitalcube.com - October 28 at 6:10 PM
4-traders.com logoNewMarket : posts 3Q profit (NYSE:NEU)
www.4-traders.com - October 28 at 10:03 AM
seekingalpha.com logoNewMarket Corporation's (NEU) CEO Teddy Gottwald on Q3 2016 Results - Earnings Call Transcript (NYSE:NEU)
seekingalpha.com - October 28 at 10:03 AM
finance.yahoo.com logoNewMarket Corporation Declares Quarterly Dividend (NYSE:NEU)
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 (NYSE:NEU)
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 (NYSE:NEU)
finance.yahoo.com - October 26 at 6:26 PM
finance.yahoo.com logoNewMarket Corporation Reports Third Quarter and First Nine Months 2016 Results (NYSE:NEU)
finance.yahoo.com - October 26 at 6:26 PM
biz.yahoo.com logoQ3 2016 NewMarket Corp Earnings Release - After Market Close (NYSE:NEU)
biz.yahoo.com - October 26 at 9:47 AM
capitalcube.com logoNewMarket Corp. : NEU-US: Dividend Analysis : September 15th, 2016 (record date) : By the numbers : October 21, 2016 (NYSE:NEU)
www.capitalcube.com - October 21 at 6:25 PM
News IconUpdate on NewMarket Corporation (NYSE:NEU) for the day (NYSE:NEU)
twincountynews.com - October 14 at 6:11 PM
finance.yahoo.com logo6 Stocks With Growing Yield and Strong Returns (NYSE:NEU)
finance.yahoo.com - October 10 at 5:57 PM
finance.yahoo.com logoNewMarket Corporation Schedules Conference Call and Webcast to Review Third Quarter 2016 Financial Results (NYSE:NEU)
finance.yahoo.com - October 6 at 6:12 PM
capitalcube.com logoETF’s with exposure to NewMarket Corp. : October 3, 2016 (NYSE:NEU)
www.capitalcube.com - October 3 at 6:00 PM
capitalcube.com logoNewMarket Corp. breached its 50 day moving average in a Bullish Manner : NEU-US : October 3, 2016 (NYSE:NEU)
www.capitalcube.com - October 3 at 10:56 AM
bloomberg.com logoKirkland CEO: Newmarket Deal to Create Significant Value (NYSE:NEU)
www.bloomberg.com - September 30 at 11:36 AM
publicnow.com logoParkiet: The companies improving the results are assessed higher (NYSE:NEU)
www.publicnow.com - September 26 at 6:25 PM

Social

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.

NewMarket (NYSE:NEU) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for NewMarket (NYSE:NEU)

Earnings History Chart

Earnings by Quarter for NewMarket (NYSE:NEU)

Dividend History Chart

Dividend Payments by Quarter for NewMarket (NYSE:NEU)

Last Updated on 2/20/2017 by MarketBeat.com Staff