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
- Market Cap: $5.46927 billion
- Outstanding Shares: 11,853,000
- 50 Day Moving Avg: $462.11
- 200 Day Moving Avg: $451.03
- 52 Week Range: $386.90 - $483.86
Sales & Book Value:
- Trailing P/E Ratio: 22.27
- P/E Growth: 5.35
- Annual Revenue: $2.08 billion
- Price / Sales: 2.64
- Book Value: $44.80 per share
- Price / Book: 10.36
- Annual Dividend: $7.00
- Dividend Yield: 1.5%
- EBIDTA: $407.43 million
- Net Margins: 11.79%
- Return on Equity: 51.17%
- Return on Assets: 17.16%
- Debt-to-Equity Ratio: 1.13%
- Current Ratio: 3.22%
- Quick Ratio: 2.09%
- Average Volume: 37,898 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. Stockholders 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 dividend yield of 1.51%. 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) released its earnings results on Wednesday, April, 26th. The company reported $5.39 EPS for the quarter, beating the consensus estimate of $4.04 by $1.35. The company had revenue of $542.80 million for the quarter, compared to analysts' expectations of $509 million. NewMarket Corporation had a net margin of 11.79% and a return on equity of 51.17%. The company's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm earned $5.42 earnings per share. View NewMarket Corporation's Earnings History.
When will NewMarket Corporation make its next earnings announcement?
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 Braskem S.A. (BAK), 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) and Applied Graphene Materials PLC (AGM).
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 many different of institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (0.41%), Russell Investments Group Ltd. (0.35%), Pennsylvania Trust Co (0.08%), Spark Investment Management LLC (0.07%), Great West Life Assurance Co. Can (0.05%) and State Treasurer State of Michigan (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, Municipal Employees Retirement System of Michigan, 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 Great West Life Assurance Co. Can. 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?
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.
One share of NewMarket Corporation stock can currently be purchased for approximately $463.96.
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)
(Data available from 7/28/2015 forward)
|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|
Earnings History for NewMarket Corporation (NYSE:NEU)Earnings History by Quarter for NewMarket Corporation (NYSE NEU)
(Data available from 1/1/2011 forward)
|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|
Earnings Estimates for NewMarket Corporation (NYSE:NEU)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for NewMarket Corporation (NYSE:NEU)
|Most Recent Dividend:||7/3/2017|
|Dividend Growth:||33.30% (3 Year Average)|
|Payout Ratio:||33.80% (Trailing 12 Months of Earnings) |
|Track Record:||8 Years of Consecutive Dividend Growth|
Dividend History by Quarter for NewMarket Corporation (NYSE NEU)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for NewMarket Corporation (NYSE:NEU)
Latest Headlines for NewMarket Corporation (NYSE:NEU)
|NewMarket Corporation (NEU) to Release Earnings on Wednesday|
www.americanbankingnews.com - July 27 at 1:47 PM
|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
NewMarket Corporation (NEU) Chart for Friday, July, 28, 2017