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). The Company operates through petroleum additives segment, which is primarily represented by Afton. The Company manufactures chemical components that are selected to perform one or more specific functions and combine those chemicals with other chemicals or components to form additive packages for use in specified end user applications. The petroleum additives product applications include lubricant additives and fuel additives. The Company's All other category includes the operations of the TEL business, as well as contract manufacturing and services performed by Ethyl. The Ethyl plant facility is located in Houston, Texas. It is involved in terminal operations related to TEL and other fuel additives.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Commodity Chemicals - NEC
- Sub-Industry: Specialty Chemicals
- Symbol: NYSE:NEU
- CUSIP: 65158710
- Web: www.newmarket.com
Capitalization:- Market Cap: $5.47 billion
- Outstanding Shares: 11,853,000
Average Prices:- 50 Day Moving Avg: $462.11
- 200 Day Moving Avg: $451.03
- 52 Week Range: $386.90 - $483.86
P/E:- Trailing P/E Ratio: 22.56
- Foreward P/E Ratio: 20.36
- P/E Growth: 5.35
Sales & Book Value:- Annual Revenue: $2.08 billion
- Price / Sales: 2.63
- Book Value: $44.80 per share
- Price / Book: 10.30
Dividend:- Annual Dividend: $7.00
- Dividend Yield: 1.5%
Profitability:- EBIDTA: $407.43 million
- Net Margins: 11.79%
- Return on Equity: 51.17%
- Return on Assets: 17.16%
Debt:- Debt-to-Equity Ratio: 1.13%
- Current Ratio: 3.22%
- Quick Ratio: 2.09%
Misc:- Average Volume: 37,698 shs.
- Beta: 0.75
- Short Ratio: 11.52
Frequently Asked Questions for NewMarket Corporation (NYSE:NEU)
What is NewMarket Corporation's stock symbol?
NewMarket Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEU."
How often does NewMarket Corporation pay dividends? What is the dividend yield for NewMarket Corporation?
NewMarket Corporation declared a quarterly dividend on Friday, April 28th. Investors of record on Thursday, June 15th will be given a dividend of $1.75 per share on Monday, July 3rd. This represents a $7.00 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Tuesday, June 13th. View NewMarket Corporation's Dividend History.
How were NewMarket Corporation's earnings last quarter?
NewMarket Corporation (NYSE:NEU) posted its quarterly earnings data on Wednesday, April, 26th. The company reported $5.39 earnings per share for the quarter, beating the Zacks' consensus estimate of $4.04 by $1.35. The business earned $542.80 million during the quarter, compared to the consensus estimate of $509 million. NewMarket Corporation had a return on equity of 51.17% and a net margin of 11.79%. The firm's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $5.42 earnings per share. View NewMarket Corporation's Earnings History.
What are analysts saying about NewMarket Corporation stock?
Here are some recent quotes from research analysts about NewMarket Corporation stock:
- 1. 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)
- 2. 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 are some of NewMarket Corporation's key competitors?
Some companies that are related to NewMarket Corporation include Westlake Chemical Corporation (WLK), Chemours Company (The) (CC), Olin Corporation (OLN), Methanex Corporation (MEOH), Ingevity Corp (NGVT), Quaker Chemical Corporation (KWR), Innophos Holdings (IPHS), Calgon Carbon Corporation (CCC), Koppers Holdings (KOP), A. Schulman (SHLM), Westlake Chemical Partners LP (WLKP), CSW Industrials (CSWI), Trecora Resources (TREC), UFP Technologies (UFPT), Enzymotec (ENZY), Zotefoams plc (ZTF), Applied Graphene Materials PLC (AGM) and Airgas (ARG).
Who are NewMarket Corporation's key executives?
NewMarket Corporation's management team includes the folowing people:
- Thomas E. Gottwald, Chairman of the Board, President, Chief Executive Officer
- Brian D. Paliotti, Chief Financial Officer, Vice President
- Robert A. Shama, President of Afton Chemical Corporation
- Bruce R. Hazelgrove III, Executive Vice President, Chief Administrative Officer
- William J. Skrobacz, Principal Accounting Officer, Controller
- M. Rudolph West, Vice President, General Counsel, Secretary
- Cameron D. Warner Jr., Treasurer
- James E. Rogers, Lead Independent Director
- Bruce C. Gottwald, Director
- Phyllis L. Cothran, Independent Director
Who owns NewMarket Corporation stock?
NewMarket Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Copeland Capital Management LLC (0.41%), Russell Investments Group Ltd. (0.35%), Pennsylvania Trust Co (0.08%), State Treasurer State of Michigan (0.03%), Oregon Public Employees Retirement Fund (0.03%) and Aperio Group LLC (0.03%). Company insiders that own NewMarket Corporation stock include Robert A Shama and Thomas E Gottwald. View Institutional Ownership Trends for NewMarket Corporation.
Who sold NewMarket Corporation stock? Who is selling NewMarket Corporation stock?
NewMarket Corporation's stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Huntington National Bank, Creative Planning, BB&T Corp, Capital One National Association, CENTRAL TRUST Co and Public Employees Retirement Association of Colorado. Company insiders that have sold NewMarket Corporation stock in the last year include Robert A Shama and Thomas E Gottwald. View Insider Buying and Selling for NewMarket Corporation.
Who bought NewMarket Corporation stock? Who is buying NewMarket Corporation stock?
NewMarket Corporation's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Pennsylvania Trust Co, Copeland Capital Management LLC, ING Groep NV, Parametrica Management Ltd, Aperio Group LLC, Oregon Public Employees Retirement Fund and LS Investment Advisors LLC. View Insider Buying and Selling for NewMarket Corporation.
How do I buy NewMarket Corporation stock?
Shares of NewMarket Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is NewMarket Corporation's stock price today?
One share of NewMarket Corporation stock can currently be purchased for approximately $461.44.
MarketBeat Community Rating for NewMarket Corporation (NYSE NEU)MarketBeat's community ratings are surveys of what our community members think about NewMarket Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for NewMarket Corporation (NYSE:NEU) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for NewMarket Corporation (NYSE:NEU)
Show:
| Date | Firm | 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 7/26/2015 forward)
Earnings History for NewMarket Corporation (NYSE:NEU)Earnings History by Quarter for NewMarket Corporation (NYSE NEU)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for NewMarket Corporation (NYSE:NEU)Current Year EPS Consensus Estimate: $20.56 EPS
Next Year EPS Consensus Estimate: $22.66 EPS
Current Dividend Information for NewMarket Corporation (NYSE:NEU)| Most Recent Dividend: | 7/3/2017 |
| Annual Dividend: | $7.00 |
| Dividend Yield: | 1.52% |
| Dividend Growth: | 33.30% (3 Year Average) |
| Payout Ratio: | 33.80% (Trailing 12 Months of Earnings)
34.05% (Based on This Year's Estimates)
30.89% (Based on Next Year's Estimates)
|
| Track Record: | 8 Years of Consecutive Dividend Growth |
Dividend History by Quarter for NewMarket Corporation (NYSE NEU)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 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)
Headline Trends for NewMarket Corporation (NYSE:NEU)
Latest Headlines for NewMarket Corporation (NYSE:NEU)
| Source: |
|
| Date | Headline |
|---|
 | NewMarket Corp. breached its 50 day moving average in a Bullish Manner : NEU-US : July 20, 2017
finance.yahoo.com - July 21 at 3:40 AM |
 | Zacks: NewMarket Corporation (NYSE:NEU) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 11:35 AM |
| Afton Chemical First Additive Company to Receive TOP TIER Diesel Approval
finance.yahoo.com - July 13 at 7:13 AM |
| Afton Chemical Completes Acquisition of Aditivos Mexicanos, S.A. de C.V.
finance.yahoo.com - July 4 at 12:26 AM |
| NewMarket Corporation (NYSE:NEU) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 3 at 11:13 AM |
| NewMarket Corporation Schedules Conference Call and Webcast to Review Second Quarter 2017 Financial Results
finance.yahoo.com - July 1 at 3:38 AM |
| BidaskClub Downgrades NewMarket Corporation (NEU) to Hold
www.americanbankingnews.com - June 24 at 5:32 PM |
| NewMarket Corp. breached its 50 day moving average in a Bearish Manner : NEU-US : June 21, 2017
finance.yahoo.com - June 21 at 8:01 PM |
| Zacks: NewMarket Corporation (NEU) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 16 at 10:44 PM |
| NewMarket Corp. : NEU-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 14 at 10:45 PM |
| NewMarket Co. (NEU) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 31 at 9:22 AM |
| NewMarket Co. (NEU) Insider Sells $105,478.00 in Stock
www.americanbankingnews.com - May 16 at 8:23 PM |
| NewMarket Co. (NEU) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 16 at 6:42 PM |
| Somewhat Favorable News Coverage Likely to Affect NewMarket (NEU) Stock Price
www.americanbankingnews.com - May 9 at 12:51 AM |
| ETFs with exposure to NewMarket Corp. : May 3, 2017
finance.yahoo.com - May 3 at 5:49 PM |
| NewMarket (NEU) Earning Somewhat Favorable Press Coverage, Analysis Shows
www.americanbankingnews.com - May 2 at 11:54 PM |
| NewMarket Corp. :NEU-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017
finance.yahoo.com - May 2 at 7:50 PM |
| Somewhat Favorable Press Coverage Very Likely to Impact NewMarket (NEU) Share Price
www.americanbankingnews.com - April 29 at 3:54 PM |
| Edited Transcript of NEU earnings conference call or presentation 27-Apr-17 7:00pm GMT
finance.yahoo.com - April 29 at 8:14 AM |
| NewMarket Co. (NEU) Plans Quarterly Dividend of $1.75
www.americanbankingnews.com - April 28 at 11:18 PM |
| NewMarket posts 1Q profit
finance.yahoo.com - April 26 at 11:29 PM |
| NewMarket Co. (NEU) Releases Quarterly Earnings Results, Beats Expectations By $1.35 EPS
www.americanbankingnews.com - April 26 at 10:08 PM |
| Investor Network Invites You to the NewMarket Corporation First Quarter 2017 Earnings Conference Call and Webcast Live on Thursday, April 27, 2017
finance.yahoo.com - April 26 at 6:28 PM |
| NewMarket Corporation Reports First Quarter 2017 Results
finance.yahoo.com - April 26 at 6:28 PM |
| NewMarket (NEU) Given Daily News Sentiment Rating of 0.53
www.americanbankingnews.com - April 26 at 3:36 PM |
| Zacks: NewMarket Co. (NEU) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 26 at 9:58 AM |
| NewMarket (NEU) Receives Daily News Impact Score of 0.05
www.americanbankingnews.com - April 23 at 7:21 PM |
| Somewhat Favorable Media Coverage Likely to Affect NewMarket (NEU) Share Price
www.americanbankingnews.com - April 17 at 9:53 PM |
| NewMarket (NEU) Earning Somewhat Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 14 at 11:04 PM |
| Zacks: NewMarket Co. (NEU) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 11 at 8:51 PM |
| NewMarket Corp. : NEU-US: Dividend Analysis : March 15th, 2017 (record date) : By the numbers : April 5, 2017
finance.yahoo.com - April 7 at 11:26 AM |
| NewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2017 Financial Results
finance.yahoo.com - March 31 at 6:55 PM |
| Zacks: NewMarket Co. (NEU) Receives Consensus Recommendation of "" from Analysts
www.americanbankingnews.com - March 27 at 11:32 AM |
 | These 4 Commodity Stocks Are Showing Bullish Chart Patterns
www.thestreet.com - March 14 at 10:48 AM |
 | 5:02 pm NewMarket increases quarterly dividend to $1.75/share from $1.60/share
us.rd.yahoo.com - February 24 at 7:53 PM |
| NewMarket Corporation Declares a 9% Increase in Quarterly Dividend
finance.yahoo.com - February 23 at 6:50 PM |
| NEWMARKET CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - February 23 at 6:50 PM |
| NEWMARKET CORP Financials
finance.yahoo.com - February 18 at 6:01 PM |
| NEWMARKET CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 16 at 6:21 PM |
| NEWMARKET CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 8 at 7:41 PM |
 | NewMarket Corporation's (NEU) CEO Thomas Gottwald on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 3 at 7:33 PM |
| Edited Transcript of NEU earnings conference call or presentation 1-Feb-17 3:00pm GMT
finance.yahoo.com - February 2 at 12:52 AM |
| Q4 2016 NewMarket Corp Earnings Release - After Market Close
us.rd.yahoo.com - February 1 at 12:49 AM |
 | NewMarket Corp. : NEU-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : January 31, 2017
us.rd.yahoo.com - February 1 at 12:49 AM |
| Investor Network Invites You to the NewMarket Corporation Fourth Quarter and Year-End 2016 Earnings Conference Call and Webcast Live on Wednesday, February 1, 2017
us.rd.yahoo.com - February 1 at 12:49 AM |
| NewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter 2016 and Year-End Financial Results
finance.yahoo.com - January 10 at 7:40 PM |
 | NEUCA stepped down from Intra shares’ purchase
us.rd.yahoo.com - January 6 at 1:27 AM |
| NEUCA invests in the company Telemedycyna Polska
us.rd.yahoo.com - January 6 at 1:27 AM |
| NEWMARKET CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat
biz.yahoo.com - January 5 at 8:25 PM |
| 5:01 pm NewMarket issued $250 million in senior unsecured notes with Prudential Capital Group
finance.yahoo.com - January 4 at 7:35 PM |
NewMarket Corporation (NEU) Chart for Wednesday, July, 26, 2017
