NYSE:NEUNewMarket Stock Price, Forecast & News

NewMarket's stock was trading at $397.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NEU stock has increased by 9.4% and is now trading at $434.54. View which stocks have been most impacted by Coronavirus.

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.

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

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

NewMarket declared a quarterly dividend on Thursday, April 23rd. Stockholders 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 dividend yield of 1.75%. The ex-dividend date is Friday, June 12th. View NewMarket's dividend history.

1 brokerages have issued 12 month price objectives for NewMarket's stock. Their forecasts range from $420.00 to $420.00. On average, they expect NewMarket's share price to reach $420.00 in the next year. This suggests that the stock has a possible downside of 3.3%. View analysts' price targets for NewMarket.

News coverage about NEU stock has trended very positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. NewMarket earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned media stories about the specialty chemicals company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutNewMarket.

NewMarket saw a drop in short interest during the month of 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 volume of 69,700 shares, the short-interest ratio is presently 2.2 days. Approximately 1.8% of the shares of the company are sold short. View NewMarket's Current Options Chain.

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), Quaker Chemical (KWR), Balchem (BCPC), PolyOne (POL), Stepan (SCL), Sensient Technologies (SXT), HB Fuller (FUL) and Innospec (IOSP). View all competitors.

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).

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

NewMarket's stock is owned by a variety of institutional and retail investors. Top institutional shareholders 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.

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.

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.

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.

One share of NEU stock can currently be purchased for approximately $434.54.

NewMarket has a market capitalization of $4.75 billion and generates $2.19 billion in revenue each year. NewMarket employs 2,089 workers across the globe.

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

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]