NYSE:NEUNewMarket Stock Price, Forecast & News

$431.93

+3.17 (+0.74 %)

(As of 06/3/2020 10:58 AM ET)

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Today's Range

$428.72

Now: $431.93▼

$431.93

50-Day Range

$391.57

MA: $418.76▼

$451.01

52-Week Range

$304.65

Now: $431.93▼

$505.16

Volume1,918 shs

Average Volume47,238 shs

Market Capitalization$4.73 billion

P/E Ratio17.39

Dividend Yield1.77%

Beta0.54

NewMarket Corporation, through its subsidiaries, engages in the petroleum additives businesses. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, metalworking fluids, and other applications where metal-to-metal moving parts are utilized; and engine oil, driveline, and industrial additives. It 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, and individual customers. The company has operations in the United States, Europe, the Asia Pacific, India, Latin America, Canada, and the Middle East. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
NewMarket has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $420.00, NewMarket has a potential downside of 2.8% from its current price of $431.93.
Amount of Analyst Coverage
NewMarket has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
NewMarket has received 191 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NewMarket has received 244 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NewMarket has received 56.09% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
NewMarket is a leading dividend payer. It pays a dividend yield of 1.77%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
NewMarket has been increasing its dividend for 11 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NewMarket insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 16.94% of the stock of NewMarket is held by insiders.
Percentage Held by Institutions
55.28% of the stock of NewMarket is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NewMarket is 17.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of NewMarket is 17.39, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.45.
Price to Book Value per Share Ratio
NewMarket has a P/B Ratio of 7.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.63 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial organic chemicals

Sub-IndustrySpecialty Chemicals

SectorBasic Materials

Current SymbolNYSE:NEU

Previous Symbol

CUSIP65158710

CIK1282637

Webwww.newmarket.com

Phone804-788-5000

Debt

Debt-to-Equity Ratio1.23

Current Ratio2.98

Quick Ratio1.79

Price-To-Earnings

Trailing P/E Ratio17.39

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.19 billion

Price / Sales2.16

Cash Flow$30.68 per share

Price / Cash Flow14.08

Book Value$61.05 per share

Price / Book7.08

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$254.29 million

Net Margins12.55%

Return on Equity43.71%

Return on Assets15.10%

Miscellaneous

Employees2,089

Outstanding Shares10,940,000

Market Cap$4.73 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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NewMarket (NYSE:NEU) Frequently Asked Questions

How has NewMarket's stock been impacted by COVID-19 (Coronavirus)?

NewMarket's stock was trading at $397.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NEU shares have increased by 8.7% and is now trading at $431.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of NewMarket?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NewMarket in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for NewMarket.

When is NewMarket's next earnings date?

NewMarket is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for NewMarket.

How were NewMarket's earnings last quarter?

NewMarket Co. (NYSE:NEU) announced its quarterly earnings results on Wednesday, April, 22nd. The specialty chemicals company reported $7.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $6.11 by $1.56. The specialty chemicals company earned $559.42 million during the quarter. NewMarket had a net margin of 12.55% and a return on equity of 43.71%. View NewMarket's earnings history.

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

NewMarket declared a quarterly dividend on Thursday, April 23rd. Investors of record on Monday, June 15th will be given a dividend of $1.90 per share on Wednesday, July 1st. This represents a $7.60 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Friday, June 12th. View NewMarket's dividend history.

What price target have analysts set for NEU?

1 brokerages have issued 1-year target prices for NewMarket's shares. Their forecasts range from $420.00 to $420.00. On average, they anticipate NewMarket's share price to reach $420.00 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. View analysts' price targets for NewMarket.

Has NewMarket been receiving favorable news coverage?

News articles about NEU stock have trended somewhat positive on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NewMarket earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave media stories about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutNewMarket.

Are investors shorting NewMarket?

NewMarket saw a drop in short interest in May. As of May 15th, there was short interest totaling 153,900 shares, a drop of 16.9% from the April 30th total of 185,100 shares. Based on an average daily trading volume, of 69,700 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.8% of the company's stock are short sold. View NewMarket's Current Options Chain.

Who are some of NewMarket's key competitors?

Some companies that are related to NewMarket include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Albemarle (ALB), Ashland Global (ASH), W. R. Grace & Co (GRA), Balchem (BCPC), Quaker Chemical (KWR), PolyOne (POL), Stepan (SCL), Sensient Technologies (SXT), HB Fuller (FUL) and Innospec (IOSP). View all competitors.

What other stocks do shareholders of NewMarket own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NewMarket investors own include Walgreens Boots Alliance (WBA), Exxon Mobil (XOM), Caterpillar (CAT), Carnival (CCL), Illinois Tool Works (ITW), Occidental Petroleum (OXY), Air Lease (AL), American Express (AXP), Franklin Resources (BEN) and Colgate-Palmolive (CL).

Who are NewMarket's key executives?

NewMarket's management team includes the following people:

Mr. Thomas E. Gottwald, Chairman, Pres & CEO (Age 58)
Mr. Brian D. Paliotti, VP & CFO (Age 42)
Mr. Bruce R. Hazelgrove III, Exec. VP & Chief Admin. Officer (Age 58)
Mr. M. Rudolph West, VP, Gen. Counsel & Sec. (Age 65)
Ms. Regina Anne Harm, Pres of Afton Chemical Corp. (Age 54)

What is NewMarket's stock symbol?

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

Who are NewMarket's major shareholders?

NewMarket's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.11%), London Co. of Virginia (5.00%), Janus Henderson Group PLC (2.98%), State Street Corp (1.76%), AQR Capital Management LLC (1.64%) and Invesco Ltd. (1.01%). Company insiders that own NewMarket stock include Bruce R Hazelgrove III, James E Rogers and Thomas E Gottwald. View institutional ownership trends for NewMarket.

Which institutional investors are selling NewMarket stock?

NEU stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Invesco Ltd., BlackRock Inc., AJO LP, WINTON GROUP Ltd, Nuveen Asset Management LLC, Principal Financial Group Inc., and UBS Group AG. View insider buying and selling activity for NewMarket.

Which institutional investors are buying NewMarket stock?

NEU stock was bought by a variety of institutional investors in the last quarter, including London Co. of Virginia, Janus Henderson Group PLC, Aperio Group LLC, Deutsche Bank AG, Bessemer Group Inc., Retirement Systems of Alabama, AQR Capital Management LLC, and Citigroup Inc.. View insider buying and selling activity for NewMarket.

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, Robinhood, Fidelity, and Charles Schwab.

What is NewMarket's stock price today?

One share of NEU stock can currently be purchased for approximately $431.93.

How big of a company is NewMarket?

NewMarket has a market capitalization of $4.73 billion and generates $2.19 billion in revenue each year. NewMarket employs 2,089 workers across the globe.

What is NewMarket's official website?

The official website for NewMarket is www.newmarket.com.

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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff