NewMarket - NEU Stock Forecast, Price & News

NewMarket's stock was trading at $311.11 at the beginning of 2023. Since then, NEU stock has increased by 10.7% and is now trading at $344.51.
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NewMarket saw a increase in short interest in January. As of January 15th, there was short interest totaling 98,800 shares, an increase of 21.7% from the December 31st total of 81,200 shares. Based on an average daily volume of 51,600 shares, the short-interest ratio is currently 1.9 days. Approximately 1.6% of the company's stock are short sold.
View NewMarket's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our NEU earnings forecast.

NewMarket will be holding an earnings conference call on Wednesday, February 1st at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "47385".

NewMarket Co. (NYSE:NEU) issued its quarterly earnings data on Wednesday, October, 28th. The specialty chemicals company reported $8.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.97 by $1.80. The specialty chemicals company had revenue of $512.87 million for the quarter. NewMarket had a trailing twelve-month return on equity of 29.16% and a net margin of 7.76%.

NewMarket declared a quarterly dividend on Thursday, October 27th. Shareholders of record on Thursday, December 15th will be given a dividend of $2.10 per share on Tuesday, January 3rd. This represents a $8.40 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for NEU.

NewMarket (NYSE:NEU) pays an annual dividend of $8.40 per share and currently has a dividend yield of 2.47%. The dividend payout ratio is 41.46%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NEU.

6 employees have rated NewMarket Chief Executive Officer Teddy Gottwald on Glassdoor.com. Teddy Gottwald has an approval rating of 100% among the company's employees. This puts Teddy Gottwald in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other NewMarket investors own include Exxon Mobil (XOM), Caterpillar (CAT), Illinois Tool Works (ITW), Altria Group (MO), Carnival Co. & (CCL), Colgate-Palmolive (CL), Cummins (CMI), Eastman Chemical (EMN), Gilead Sciences (GILD) and Corning (GLW).

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

NewMarket's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (3.66%), DAVENPORT & Co LLC (1.54%), New York State Common Retirement Fund (0.43%), HB Wealth Management LLC (0.14%), RK Asset Management LLC (0.12%) and State of Alaska Department of Revenue (0.10%).
View institutional ownership trends.

Shares of NEU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NEU stock can currently be purchased for approximately $344.51.

NewMarket (NYSE:NEU) has a market capitalization of $3.40 billion and generates $2.36 billion in revenue each year. The specialty chemicals company earns $190.91 million in net income (profit) each year or $20.26 on an earnings per share basis.

The company employs 2,104 workers across the globe.

NewMarket's mailing address is 330 SOUTH FOURTH STREET, RICHMOND VA, 23219. The official website for the company is www.newmarket.com. The specialty chemicals company can be reached via phone at (804) 788-5000, via email at investorrelations@newmarket.com, or via fax at 804-788-5688.