NL Industries - NL Stock Forecast, Price & News

NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and StealthLock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, integrated inventory and access control secured narcotics boxes, vending and cash containment machines, medical cabinetry, electronic circuit panels, storage compartments, and gas station security. It also offers original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement devices, trim tabs, steering wheels, and other billet aluminum accessories; grab handles, pin cleats, and other accessories; and dash panels, LED indicators, wire harnesses, and other accessories primarily for performance and ski/wakeboard boats. In addition, the company offers insurance brokerage and risk management services. It sells its component products directly to original equipment manufacturers, as well as through distributors. NL Industries, Inc. was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. is a subsidiary of Valhi, Inc.

NL Industries Trading Down 4.2 %

Shares of NYSE:NL traded down $0.37 during mid-day trading on Friday, hitting $8.34. The company had a trading volume of 77,440 shares, compared to its average volume of 37,080. The company has a market capitalization of $407.16 million, a PE ratio of 5.49 and a beta of 0.98. The firm has a 50-day simple moving average of $9.20 and a two-hundred day simple moving average of $7.73. NL Industries has a one year low of $5.51 and a one year high of $10.20.

NL Industries (NYSE:NL - Get Rating) last announced its quarterly earnings data on Wednesday, May 4th. The basic materials company reported $0.38 earnings per share for the quarter. The company had revenue of $42.10 million during the quarter. NL Industries had a return on equity of 18.80% and a net margin of 48.59%.

NL Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 20th. Stockholders of record on Thursday, September 1st will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend is Wednesday, August 31st. NL Industries's payout ratio is 18.42%.

Analyst Ratings Changes

Separately, StockNews.com upgraded NL Industries from a "buy" rating to a "strong-buy" rating in a report on Friday.