About NewMarket (NYSE:NEU)
NewMarket Corporation, through its subsidiaries, engages in the petroleum additives businesses. It offers lubricant additives for use in various vehicle and industrial applications, such as engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, metalworking fluids, and in other applications where metal-to-metal moving parts are utilized; and engine oil, driveline, and industrial additives. The company also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers (OEMs), and individual customers. It has operations in the United States, Canada, Europe, the Asia Pacific, India, Latin America, and the Middle East. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.
Industry, Sector and Symbol
Industry Industrial organic chemicals
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
SymbolNYSE:NEU
CUSIP65158710
Phone804-788-5000
Debt
Debt-to-Equity Ratio1.00%
Current Ratio2.63%
Quick Ratio1.42%
Price-To-Earnings
Trailing P/E Ratio21.36
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.20 billion
Price / Sales2.16
Cash Flow$23.5298 per share
Price / Cash17.14
Book Value$50.76 per share
Price / Book7.95
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$190.50 million
Net Margins8.67%
Return on Equity37.86%
Return on Assets13.43%
Miscellaneous
Employees2,223
Outstanding Shares11,780,000
NewMarket (NYSE:NEU) Frequently Asked Questions
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 Thursday, February 22nd. Stockholders of record on Thursday, March 15th will be paid a dividend of $1.75 per share on Monday, April 2nd. This represents a $7.00 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Wednesday, March 14th. View NewMarket's Dividend History.
How were NewMarket's earnings last quarter?
NewMarket Co. (NYSE:NEU) released its earnings results on Tuesday, February, 6th. The specialty chemicals company reported $3.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $3.62 by $0.57. The specialty chemicals company earned $559.98 million during the quarter, compared to the consensus estimate of $522.10 million. NewMarket had a net margin of 8.67% and a return on equity of 37.86%. NewMarket's revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the company earned $3.86 earnings per share. View NewMarket's Earnings History.
When is NewMarket's next earnings date?
Who are some of NewMarket's key competitors?
Some companies that are related to NewMarket include Westlake Chemical (WLK), International Flavors & Fragrances (IFF), Braskem (BAK), Methanex (MEOH), Sensient Technologies (SXT), Westlake Chemical (WLKP), Green Plains (GPRE), Codexis (CDXS), Green Plains Partners (GPP), FutureFuel (FF), Renewable Energy Group (REGI), REX American Resources (REX), Amyris Biotechnologies (AMRS), Sino United Worldwide Consolidated (SUIC) and Pacific Ethanol (PEIX).
Who are NewMarket's key executives?
NewMarket's management team includes the folowing people:
- Mr. Thomas E. Gottwald, Chairman, Pres & CEO (Age 57)
- Mr. Brian D. Paliotti, VP & CFO (Age 41)
- Mr. Bruce R. Hazelgrove III, Exec. VP & Chief Admin. Officer (Age 57)
- Mr. M. Rudolph West, VP, Gen. Counsel & Sec. (Age 64)
- Mr. Robert A. Shama, Pres of Afton Chemical Corp. (Age 57)
Has NewMarket been receiving favorable news coverage?
News stories about NEU stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. NewMarket earned a coverage optimism score of 0.08 on Accern's scale. They also assigned headlines about the specialty chemicals company an impact score of 45.75 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
How do I buy shares of NewMarket?
Shares of NEU 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, Scottrade, Fidelity and Charles Schwab.
What is NewMarket's stock price today?
One share of NEU stock can currently be purchased for approximately $403.30.
How big of a company is NewMarket?
NewMarket has a market capitalization of $4.72 billion and generates $2.20 billion in revenue each year. NewMarket employs 2,223 workers across the globe.
How can I contact NewMarket?
NewMarket's mailing address is 330 SOUTH FOURTH STREET, RICHMOND VA, 23219. The specialty chemicals company can be reached via phone at 804-788-5000 or via email at [email protected]
MarketBeat Community Rating for NewMarket (NEU)
MarketBeat's community ratings are surveys of what our community members think about NewMarket and other stocks. Vote "Outperform" if you believe NEU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEU will underperform the S&P 500 over the long term. You may vote once every thirty days.
NewMarket (NYSE:NEU) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | N/A | N/A | N/A | N/A |
| Consensus Rating Score: | N/A | N/A | N/A | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | N/A | N/A | N/A | N/A |
| Price Target Upside: | N/A | N/A | N/A | N/A |
NewMarket (NYSE:NEU) Consensus Price Target History
NewMarket (NYSE:NEU) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/30/2016 | BMO Capital Markets | Downgrade | Outperform -> Market Perform | | N/A |  |
| 7/29/2016 | Longbow Research | Downgrade | Buy -> Neutral | | N/A | |
(Data available from 4/24/2016 forward)
NewMarket (NYSE:NEU) Earnings History and Estimates Chart
NewMarket (NYSE NEU) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/25/2018 | | | | | | | N/A | |
| 2/6/2018 | Q4 2017 | $3.62 | $3.0470 | $522.10 million | $559.98 million | View | N/A | |
| 10/25/2017 | Q3 2017 | $5.70 | $5.04 | $546.40 million | $584.41 million | View | N/A | |
| 8/2/2017 | Q2 2017 | $5.73 | $5.29 | $570.10 million | $547.20 million | View | Listen | |
| 4/26/2017 | Q1 2017 | $4.04 | $5.39 | $509.00 million | $542.80 million | View | N/A | |
| 1/31/2017 | Q416 | $4.15 | $3.86 | $473.90 million | $501.60 million | View | N/A | |
| 10/26/2016 | Q316 | $5.09 | $6.00 | $521.10 million | $516.09 million | View | N/A | |
| 7/27/2016 | Q216 | $5.46 | $5.50 | $556.60 million | $521.80 million | View | N/A | |
| 4/27/2016 | Q116 | $4.86 | $5.42 | $525.03 million | $509.90 million | View | N/A | |
| 2/1/2016 | Q415 | $4.16 | $4.44 | $511.12 million | $479.60 million | View | N/A | |
| 10/26/2015 | Q315 | $4.54 | $5.25 | $559.74 million | $540.90 million | View | Listen | |
| 7/28/2015 | Q215 | $5.27 | $4.65 | $581.95 million | $560.70 million | View | Listen | |
| 4/22/2015 | Q115 | $4.87 | $5.26 | $549.40 million | $559.57 million | View | N/A | |
| 1/29/2015 | Q414 | $3.92 | $4.30 | $559.25 million | $548.90 million | View | N/A | |
| 10/29/2014 | Q314 | $4.85 | $4.52 | $599.50 million | $589.70 million | View | N/A | |
| 7/29/2014 | Q214 | $4.96 | $5.35 | $613.17 million | $620.44 million | View | N/A | |
| 4/23/2014 | Q114 | $5.32 | $4.54 | $593.10 million | $576.42 million | View | N/A | |
| 1/31/2014 | Q413 | $3.55 | $4.01 | $529.92 million | $556.40 million | View | N/A | |
| 10/28/2013 | Q313 | $4.65 | $4.32 | $562.49 million | $580.50 million | View | N/A | |
| 7/30/2013 | Q2 2013 | $4.87 | $4.81 | $612.17 million | $583.80 million | View | N/A | |
| 4/24/2013 | Q1 2013 | $4.82 | $5.04 | $574.82 million | $562.60 million | View | N/A | |
| 1/28/2013 | Q4 2012 | $4.11 | $3.47 | $538.90 million | $516.20 million | View | N/A | |
| 10/25/2012 | | $4.36 | $4.91 | | | View | N/A | |
| 7/30/2012 | | $4.55 | $4.12 | | | View | N/A | |
| 4/25/2012 | | $3.50 | $5.03 | | | View | N/A | |
| 2/1/2012 | | $3.42 | $2.57 | | | View | N/A | |
| 11/1/2011 | | $3.78 | $5.22 | | | View | N/A | |
| 8/3/2011 | | $3.64 | $3.77 | | | View | N/A | |
| 4/20/2011 | Q1 2011 | $2.98 | $3.53 | | | View | N/A | |
| 2/3/2011 | Q4 2010 | $3.15 | $3.16 | | | View | N/A | |
| 10/28/2010 | Q3 2010 | $3.25 | $3.41 | | | View | N/A | |
| 8/3/2010 | Q2 2010 | $2.95 | $2.69 | | | View | N/A | |
| 4/21/2010 | Q1 2010 | $2.62 | $2.78 | | | View | N/A | |
| 1/28/2010 | Q4 2009 | $2.83 | $2.85 | | | View | N/A | |
| 10/22/2009 | Q3 2009 | $2.14 | $3.88 | | | View | N/A | |
| 7/28/2009 | Q2 2009 | $1.59 | $2.50 | | | View | N/A | |
| 4/22/2009 | Q1 2009 | $1.10 | $1.88 | | | View | N/A | |
| 2/4/2009 | Q4 2008 | $1.14 | $1.27 | | | View | N/A | |
| 10/30/2008 | Q3 2008 | $1.37 | $1.07 | | | View | N/A | |
| 7/31/2008 | Q2 2008 | $1.26 | $1.13 | | | View | N/A | |
| 4/23/2008 | Q1 2008 | $0.97 | $1.27 | | | View | N/A | |
| 1/31/2008 | Q4 2007 | | $0.96 | | | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
NewMarket (NYSE:NEU) Dividend Information
NewMarket pays an annual dividend of $7.00 per share, with a dividend yield of 1.74%. NEU's most recent quarterly dividend payment was Monday, April 2. The company has grown its dividend for the last 9 consecutive years and is increasing its dividend by an average of 5.00% each year.
| Most Recent Dividend: | 4/2/2018 |
| Annual Dividend: | $7.00 |
| Dividend Yield: | 1.74% |
| Dividend Growth: | 5.00% (3 Year Average) |
| Payout Ratio: | N/A |
| Track Record: | 9 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
NewMarket (NYSE:NEU) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2018 | Quarterly | $1.75 | 1.64% | 3/14/2018 | 3/15/2018 | 4/2/2018 |
| 10/27/2017 | quarterly | $1.75 | 1.74% | 12/14/2017 | 12/15/2017 | 1/2/2018 |
| 8/4/2017 | quarterly | $1.75 | 1.61% | 9/14/2017 | 9/15/2017 | 10/2/2017 |
| 4/28/2017 | quarterly | $1.75 | 1.49% | 6/13/2017 | 6/15/2017 | 7/3/2017 |
| 2/24/2017 | quarterly | $1.75 | 1.58% | 3/13/2017 | 3/15/2017 | 4/3/2017 |
| 10/28/2016 | quarterly | $1.60 | 1.59% | 12/13/2016 | 12/15/2016 | 1/2/2017 |
| 8/12/2016 | quarterly | $1.60 | 1.49% | 9/13/2016 | 9/15/2016 | 10/1/2016 |
| 4/29/2016 | quarterly | $1.60 | 1.58% | 6/13/2016 | 6/15/2016 | 7/1/2016 |
| 2/26/2016 | quarterly | $1.60 | 1.72% | 3/11/2016 | 3/15/2016 | 4/1/2016 |
| 10/22/2015 | quarterly | $1.60 | 1.68% | 12/11/2015 | 12/15/2015 | 1/1/2016 |
| 8/7/2015 | quarterly | $1.40 | 1.44% | 9/11/2015 | 9/15/2015 | 10/1/2015 |
| 4/24/2015 | quarterly | $1.40 | 1.21% | 6/11/2015 | 6/15/2015 | 7/1/2015 |
| 2/27/2015 | quarterly | $1.40 | 1.19% | 3/12/2015 | 3/16/2015 | 4/1/2015 |
| 10/23/2014 | quarterly | $1.40 | 1.45% | 12/11/2014 | 12/15/2014 | 1/1/2015 |
| 7/29/2014 | quarterly | $1.10 | 1.12% | 9/11/2014 | 9/15/2014 | 10/1/2014 |
| 4/24/2014 | quarterly | $1.10 | 1.18% | 6/12/2014 | 6/16/2014 | 7/1/2014 |
| 2/27/2014 | quarterly | $1.10 | 1.19% | 3/13/2014 | 3/17/2014 | 4/1/2014 |
| 10/24/2013 | quarterly | $1.10 | 1.43% | 12/12/2013 | 12/16/2013 | 1/1/2014 |
| 7/18/2013 | quarterly | $0.90 | 1.31% | 9/12/2013 | 9/16/2013 | 10/1/2013 |
| 4/25/2013 | quarterly | $0.90 | 1.36% | 6/13/2013 | 6/17/2013 | 7/1/2013 |
| 2/28/2013 | quarterly | $0.90 | 1.43% | 3/13/2013 | 3/15/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
NewMarket (NYSE NEU) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 16.91%
Institutional Ownership Percentage: 55.69%
NewMarket (NYSE NEU) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/15/2017 | Robert A Shama | Insider | Sell | 230 | $458.60 | $105,478.00 | 1,850 | |
| 2/28/2017 | Thomas E Gottwald | Chairman | Sell | 5,000 | $438.89 | $2,194,450.00 | 89,927 | |
| 8/26/2014 | Thomas E Gottwald | CEO | Sell | 10,000 | $406.83 | $4,068,300.00 | | |
| 11/11/2013 | David Fiorenza | CFO | Sell | 1,000 | $312.09 | $312,090.00 | 569 | |
(Data available from 1/1/2013 forward)
NewMarket (NYSE NEU) News Headlines
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NewMarket (NYSE:NEU) SEC Filings
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NewMarket (NYSE:NEU) Income Statement, Balance Sheet and Cash Flow Statement
NewMarket (NYSE NEU) Stock Chart for Tuesday, April, 24, 2018
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