Should I buy or sell Stepan stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stepan in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SCL shares. View SCL analyst ratings or view top-rated stocks .

What is Stepan's stock price target for 2024?

1 Wall Street research analysts have issued 12-month target prices for Stepan's stock. Their SCL share price targets range from $89.00 to $89.00. On average, they predict the company's share price to reach $89.00 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View analysts price targets for SCL or view top-rated stocks among Wall Street analysts .

How have SCL shares performed in 2023?

Stepan's stock was trading at $106.46 at the beginning of 2023. Since then, SCL stock has decreased by 17.2% and is now trading at $88.18. View the best growth stocks for 2023 here .

When is Stepan's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our SCL earnings forecast .

How were Stepan's earnings last quarter?

Stepan (NYSE:SCL) issued its quarterly earnings data on Wednesday, October, 18th. The basic materials company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.76 by $0.12. The basic materials company earned $562.20 million during the quarter, compared to the consensus estimate of $603.73 million. Stepan had a trailing twelve-month return on equity of 4.75% and a net margin of 2.16%. The firm's revenue for the quarter was down 21.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.01 earnings per share.

How often does Stepan pay dividends? What is the dividend yield for Stepan?

Stepan declared a quarterly dividend on Tuesday, October 17th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.375 per share on Friday, December 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Wednesday, November 29th. This is a boost from the stock's previous quarterly dividend of $0.37. Read our dividend analysis for SCL .

Is Stepan a good dividend stock?

Stepan (NYSE:SCL) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.68%. The company has been increasing its dividend for 55 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 66.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCL will have a dividend payout ratio of 39.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SCL .

What ETFs hold Stepan's stock?

ETFs with the largest weight of Stepan (NYSE:SCL) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM) , AdvisorShares Focused Equity ETF (CWS) , JPMorgan Active Small Cap Value ETF (JPSV) , Harbor Corporate Culture Small Cap ETF (HAPS) and SPDR S&P 600 Small Cap ETF (SLY) . Pacer BioThreat Strategy ETF (VIRS) .

What is F. Quinn Stepan Jr.'s approval rating as Stepan's CEO?

49 employees have rated Stepan Chief Executive Officer F. Quinn Stepan Jr. on Glassdoor.com . F. Quinn Stepan Jr. has an approval rating of 59% among the company's employees. This puts F. Quinn Stepan Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Stepan own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Stepan investors own include AbbVie (ABBV) , PepsiCo (PEP) , Visa (V) , Boeing (BA) , CVS Health (CVS) , Sherwin-Williams (SHW) , Stryker (SYK) , Walgreens Boots Alliance (WBA) , A. O. Smith (AOS) and Church & Dwight (CHD) .

Who are Stepan's major shareholders?

Stepan's stock is owned by a variety of retail and institutional investors. Top institutional investors include HighTower Advisors LLC (9.68%), Morgan Stanley (2.07%), Bank of New York Mellon Corp (1.45%), Charles Schwab Investment Management Inc. (1.33%), Northern Trust Corp (1.25%) and Allspring Global Investments Holdings LLC (0.79%). Insiders that own company stock include Arthur W Mergner, Debra Stefaniak , Edward J Wehmer, F Quinn Stepan Jr, Gregory E Lawton, Janet Anne Catlett, Jason Scott Keiper, Luis Rojo , Randall S Dearth, Richard Finn Stepan and Scott R Behrens. View institutional ownership trends .

How do I buy shares of Stepan?

Shares of SCL 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. Compare Top Brokerages Here .

Does Stepan have any subsidiaries?

The following companies are subsidiares of Stepan: Nanjing Stepan Jinling Chemical Limited Liability Company, PBC Industria Quimica Ltda., Stepan (India) Private Limited, Stepan (Nanjing) Chemical R&D Co. Ltd.., Stepan Asia Pte. Ltd., Stepan CDMX S. de R.L. de C.V., Stepan Canada Inc., Stepan Chemical (Nanjing) Co. Ltd., Stepan Chemical (Shanghai) Co. Ltd., Stepan Colombia S.A.S., Stepan Deutschland GmbH, Stepan Europe S.A.S., Stepan Holdings Asia Pte. Ltd., Stepan Holdings LLC, Stepan International Trading (Shanghai) Co. Ltd., Stepan Mexico Holdings LLC, Stepan Mexico S.A. de C.V., Stepan Philippines Inc., Stepan Philippines Quaternaries Inc., Stepan Polska Sp. z o.o., Stepan Quimica Ltda., Stepan Specialty Products B.V., Stepan Specialty Products LLC, Stepan Surfactants Holdings LLC, Stepan UK Limited, and Tebras Tensoativos Do Brasil Ltda.. Read More

Stepan Stock Price, News & Analysis (NYSE:SCL)

$88.30

-1.04 (-1.16%)

(As of 12/8/2023 ET)

Compare

Today's Range: $86.59
▼
$90.58
50-Day Range: $63.65
▼
$89.34
52-Week Range: $63.60
▼
$114.97

Volume: 93,559 shs
Average Volume: 97,375 shs
Market Capitalization: $1.98 billion

P/E Ratio: 38.85
Dividend Yield: 1.70%
Price Target: $89.00

Stepan MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 0.9% Upside
$89.00 Price Target
Short Interest: Healthy
1.34% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -4.18
Upright™ Environmental Score
News Sentiment: -0.08
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 69.47%
From $2.26 to $3.83 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Basic Materials Sector

57th out of 167 stocks

Soap, Detergents, & Cleaning Preparations; Perfumes, & Cosmetics Industry

4th out of 5 stocks

1.5

Analyst's Opinion

Consensus Rating
Stepan has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $89.00, Stepan has a forecasted upside of 0.9% from its current price of $88.18.
Amount of Analyst Coverage
Stepan has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.34% of the float of Stepan has been sold short.
Short Interest Ratio / Days to Cover
Stepan has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Stepan has recently decreased by 8.87%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Stepan pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Stepan has been increasing its dividend for 55 years.
Dividend Coverage
The dividend payout ratio of Stepan is 66.08%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Stepan will have a dividend payout ratio of 39.16% next year. This indicates that Stepan will be able to sustain or increase its dividend.

1.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Stepan has received a -37.45% net impact score from Upright. The largest negative impact of Stepan in category "GHG emissions" seems to be driven mostly by its "Dispersants", "Rinse-aids", "Degreasing detergents", "Biocides", "Disinfectants", and "Solvents" products. See details.
Environmental Sustainability
The Environmental Impact score for Stepan is -4.18.

1.1

News and Social Media Coverage

News Sentiment
Stepan has a news sentiment score of -0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Stepan this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for SCL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stepan insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.90% of the stock of Stepan is held by insiders.
Percentage Held by Institutions
79.64% of the stock of Stepan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Stepan are expected to grow by 69.47% in the coming year, from $2.26 to $3.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stepan is 38.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stepan is 38.85, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 83.91.
Price to Book Value per Share Ratio
Stepan has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Stepan Stock (NYSE:SCL)

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning and disinfection products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients. Its surfactants are also used in various applications, including emulsifiers for spreading agricultural products; and industrial applications comprising latex systems, plastics, and composites. The Polymers segment provides polyurethane polyols that are used in the manufacture of rigid foam for thermal insulation in the construction industry, as well as a base raw material for coatings, adhesives, sealants, and elastomers (CASE); polyester resins, including liquid and powdered products, which are used in CASE applications; and phthalic anhydride that is used in unsaturated polyester resins, alkyd resins, and plasticizers for applications in construction materials, as well as components of automotive, boating, and other consumer products. The Specialty Products segment offers flavors, emulsifiers, and solubilizers for use in food, flavoring, nutritional supplement, and pharmaceutical applications. Stepan Company was founded in 1932 and is headquartered in Northbrook, Illinois.

SCL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCL Stock News Headlines

December 3, 2023 | seekingalpha.com

Stepan Company: An Unfortunate Development Resulting In An Upside

December 2, 2023 | finance.yahoo.com

With 82% ownership, Stepan Company (NYSE:SCL) boasts of strong institutional backing

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November 30, 2023 | benzinga.com

Stepan Stock (NYSE:SCL) Insider Trades

November 4, 2023 | finance.yahoo.com

Stepan (NYSE:SCL) Will Want To Turn Around Its Return Trends

November 2, 2023 | morningstar.com

Stepan Co SCL

October 21, 2023 | finance.yahoo.com

Stepan (NYSE:SCL) Is Increasing Its Dividend To $0.375

October 20, 2023 | msn.com

CL King Upgrades Stepan (SCL)

December 9, 2023 | DTI Trader (Ad)

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October 19, 2023 | finance.yahoo.com

Stepan Company (NYSE:SCL) Q3 2023 Earnings Call Transcript

October 19, 2023 | finance.yahoo.com

Q3 2023 Stepan Co Earnings Call

October 19, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: KBR (KBR) and Stepan Company (SCL)

October 18, 2023 | marketwatch.com

Stepan Shares Rise 7% as Chemical Maker Eyes 2024 Recovery

October 18, 2023 | markets.businessinsider.com

Stepan Company Q3: Earnings Miss, Lower Sales Volume, Dividend Hike & More

October 18, 2023 | msn.com

Stepan shares rise after higher dividend, co sees better margins in 2024