NewMarket - NEU Stock Forecast, Price & News

NewMarket's stock was trading at $342.72 at the beginning of the year. Since then, NEU stock has decreased by 12.4% and is now trading at $300.30.
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NewMarket is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our earnings forecast for NewMarket.

NewMarket Co. (NYSE:NEU) posted its quarterly earnings data on Wednesday, October, 28th. The specialty chemicals company reported $8.77 earnings per share for the quarter, topping analysts' consensus estimates of $6.97 by $1.80. The specialty chemicals company earned $512.87 million during the quarter. NewMarket had a trailing twelve-month return on equity of 26.65% and a net margin of 7.54%.

NewMarket declared a quarterly dividend on Thursday, August 4th. Investors of record on Thursday, September 15th will be given a dividend of $2.10 per share on Monday, October 3rd. This represents a $8.40 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Wednesday, September 14th.
View NewMarket's dividend history.

NewMarket(NYSE:NEU) pays an annual dividend of $8.40 per share and currently has a dividend yield of 2.80%. NewMarket does not yet have a strong track record of dividend growth. The dividend payout ratio of NewMarket is 44.82%. This payout ratio is at a healthy, sustainable level, below 75%.
View NewMarket's dividend history.

6 employees have rated NewMarket CEO Teddy Gottwald on Glassdoor.com. Teddy Gottwald has an approval rating of 100% among NewMarket's employees. This puts Teddy Gottwald in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other NewMarket investors own include Exxon Mobil (XOM), Caterpillar (CAT), Illinois Tool Works (ITW), Altria Group (MO), Carnival Co. & (CCL), Colgate-Palmolive (CL), Cummins (CMI), Eastman Chemical (EMN), Gilead Sciences (GILD) and Corning (GLW).

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

NewMarket's stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.38%), DAVENPORT & Co LLC (1.35%), Retirement Systems of Alabama (0.35%), Los Angeles Capital Management LLC (0.13%), Envestnet Asset Management Inc. (0.13%) and M&T Bank Corp (0.11%). Company insiders that own NewMarket stock include Bruce R Hazelgrove III and James E Rogers.
View institutional ownership trends for NewMarket.

Shares of NEU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NEU stock can currently be purchased for approximately $300.30.

NewMarket (NYSE:NEU) has a market capitalization of $3.08 billion and generates $2.36 billion in revenue each year. The specialty chemicals company earns $190.91 million in net income (profit) each year or $18.74 on an earnings per share basis.

NewMarket employs 2,104 workers across the globe.

NewMarket was founded in 1887.

NewMarket's mailing address is 330 SOUTH FOURTH STREET, RICHMOND VA, 23219. The official website for NewMarket is www.newmarket.com. The specialty chemicals company can be reached via phone at (804) 788-5000, via email at investorrelations@newmarket.com, or via fax at 804-788-5688.