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NewMarket (NEU) Stock

Profile

Country:

United States

IPO:

17 March 1980

Indexes:

Not included

Description:

NewMarket Corporation (formerly Albemarle Paper Manufacturing Company) is a holding company that is one of the largest global producers and suppliers in the market of petroleum additives. The company's history dates back to 1887 with paper production. In 2004, the holding NewMarket Corporation was registered, bringing together several major corporations. The headquarters is located in Richmond, Virginia. The NewMarket Corporation holding includes: Afton Chemical - a specialized chemical company that develops, manufactures, and sells complex lubricating materials and fuel additive packages. Ethyl - engages in the production and sale of tetraethyl lead (antiknock compounds) in North America. NewMarket Development - manages the company's properties in Virginia. NewMarket Services - provides various administrative services to the companies within the holding.

Key Details

Price

$531.46

TTM Dividend Yield

1.88%(+18.24% YoY)

Annual Revenue

$2.70 B(-2.40% YoY)

Annual EPS

$40.44(+45.62% YoY)

PE Ratio

11.80(-12.46% YoY)

Beta

0.76

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 23, 2024

Recent annual earnings:

Jan 31, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 16, 2024
Splits

Next split:

N/A

Recent split:

July 01, 2002

Analyst ratings

Recent major analysts updates

01 Apr '19 Buckingham Research
Underperform
01 Apr '19 Buckingham
Underperform
30 Sept '16 BMO Capital
Market Perform
29 July '16 Longbow Research
Neutral
10 Mar '16 Longbow Research
Buy

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Institutional Ownership

NewMarket Announces the Election of Executive Vice President and General Counsel
NewMarket Announces the Election of Executive Vice President and General Counsel
NewMarket Announces the Election of Executive Vice President and General Counsel
NEU
businesswire.com16 December 2024

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) has announced that Bryce D. Jewett III will become the Executive Vice President and General Counsel starting January 1, 2025. He was previously the Vice President and General Counsel of the Company. Before joining NewMarket in 2020, Mr. Jewett worked as a Partner at McGuireWoods LLP, specializing in Mergers and Acquisitions.

NewMarket Corporation Authorizes New Share Repurchase Program
NewMarket Corporation Authorizes New Share Repurchase Program
NewMarket Corporation Authorizes New Share Repurchase Program
NEU
businesswire.com12 December 2024

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) has approved a new share buyback plan that allows management to repurchase up to $500 million of the company's common stock until December 31, 2027, depending on market conditions and existing debt agreements. This new program will take the place of the previous $500 million buyback plan that was also approved by the Board.

NewMarket Corporation Declares Quarterly Dividend
NewMarket Corporation Declares Quarterly Dividend
NewMarket Corporation Declares Quarterly Dividend
NEU
businesswire.com24 October 2024

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) has announced a quarterly dividend of $2.50 per share for its common stock. This dividend will be paid on January 2, 2025, to shareholders who are on record as of the end of business on December 16, 2024. NewMarket Corporation operates through its subsidiaries, which include Afton Chemical Corporation, Ethyl Corporation, and American Pacific Corporation.

NewMarket Corporation Reports Third Quarter and First Nine Months 2024 Results
NewMarket Corporation Reports Third Quarter and First Nine Months 2024 Results
NewMarket Corporation Reports Third Quarter and First Nine Months 2024 Results
NEU
businesswire.com23 October 2024

RICHMOND, Va.--(BUSINESS WIRE)--Thomas E. Gottwald, the Chairman and CEO of NewMarket Corporation (NYSE:NEU), announced the earnings report for the company's performance in the third quarter and the first nine months of 2024. In the third quarter of 2024, the net income reached $132.3 million, which is $13.79 per share, an increase from $111.2 million, or $11.60 per share, during the same time last year. For the first nine months of 2024, the net income totaled $351.7 million, or $36.66 per share.

NewMarket Announces the Retirement of Its Vice President and Chief Financial Officer and the Appointment of Successor
NewMarket Announces the Retirement of Its Vice President and Chief Financial Officer and the Appointment of Successor
NewMarket Announces the Retirement of Its Vice President and Chief Financial Officer and the Appointment of Successor
NEU
businesswire.com03 October 2024

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) has announced that William J. Skrobacz will resign from his position as Vice President and Chief Financial Officer on December 31, 2024, as he plans to retire in 2025. Mr. Skrobacz has been with the Company for more than 13 years, taking on various finance and accounting roles before becoming Vice President and Chief Financial Officer.

NewMarket Corporation Schedules Conference Call and Webcast to Review Third Quarter 2024 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review Third Quarter 2024 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review Third Quarter 2024 Financial Results
NEU
businesswire.com01 October 2024

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) has announced that it plans to release its earnings for the third quarter of 2024 at the end of the business day on Wednesday, October 23, 2024. The earnings report will be available on the company's website, www.NewMarket.com, the next day. A conference call and webcast to discuss the financial results will take place at 3:00 pm ET on Thursday, October 24, 2024, and can be accessed live by calling 1-888-50.

NewMarket Corporation Schedules Conference Call and Webcast to Review Second Quarter 2024 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review Second Quarter 2024 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review Second Quarter 2024 Financial Results
NEU
businesswire.com01 July 2024

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release second quarter 2024 earnings at the close of business on Monday, July 29, 2024. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and internet webcast is scheduled for 3:00 pm ET on Tuesday, July 30, 2024 to review second quarter 2024 financial results. You can access the conference call live by dialing 1-888-50.

NewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2024 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2024 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2024 Financial Results
NEU
Business Wire28 March 2024

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release first quarter 2024 earnings at the close of business on Wednesday, April 24, 2024. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and Internet webcast is scheduled for 3:00 pm ET on Thursday, April 25, 2024 to review first quarter 2024 financial results. You can access the conference call live by dialing 1-88.

NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript
NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript
NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript
NEU
Seeking Alpha01 February 2024

NewMarket Corporation (NEU) Q4 2023 Earnings Call Transcript

NewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter and Full Year 2023 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter and Full Year 2023 Financial Results
NewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter and Full Year 2023 Financial Results
NEU
Business Wire29 December 2023

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release fourth quarter and full year 2023 earnings at the close of business on Wednesday, January 31, 2024. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and Internet webcast is scheduled for 3:00 pm ET on Thursday, February 1, 2024 to review fourth quarter and full year 2023 financial results. You can access the co.

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FAQ

  • What is the primary business of NewMarket?
  • What is the ticker symbol for NewMarket?
  • Does NewMarket pay dividends?
  • What sector is NewMarket in?
  • What industry is NewMarket in?
  • What country is NewMarket based in?
  • When did NewMarket go public?
  • Is NewMarket in the S&P 500?
  • Is NewMarket in the NASDAQ 100?
  • Is NewMarket in the Dow Jones?
  • When was NewMarket's last earnings report?
  • When does NewMarket report earnings?
  • Should I buy NewMarket stock now?

What is the primary business of NewMarket?

NewMarket Corporation (formerly Albemarle Paper Manufacturing Company) is a holding company that is one of the largest global producers and suppliers in the market of petroleum additives. The company's history dates back to 1887 with paper production. In 2004, the holding NewMarket Corporation was registered, bringing together several major corporations. The headquarters is located in Richmond, Virginia. The NewMarket Corporation holding includes: Afton Chemical - a specialized chemical company that develops, manufactures, and sells complex lubricating materials and fuel additive packages. Ethyl - engages in the production and sale of tetraethyl lead (antiknock compounds) in North America. NewMarket Development - manages the company's properties in Virginia. NewMarket Services - provides various administrative services to the companies within the holding.

What is the ticker symbol for NewMarket?

The ticker symbol for NewMarket is NYSE:NEU

Does NewMarket pay dividends?

Yes, NewMarket pays dividends. The last payment was $2.50, with an ex-dividend date on 16 December 2024

What sector is NewMarket in?

NewMarket is in the Basic Materials sector

What industry is NewMarket in?

NewMarket is in the Specialty Chemicals industry

What country is NewMarket based in?

NewMarket is headquartered in United States

When did NewMarket go public?

NewMarket's initial public offering (IPO) was on 17 March 1980

Is NewMarket in the S&P 500?

No, NewMarket is not included in the S&P 500 index

Is NewMarket in the NASDAQ 100?

No, NewMarket is not included in the NASDAQ 100 index

Is NewMarket in the Dow Jones?

No, NewMarket is not included in the Dow Jones index

When was NewMarket's last earnings report?

NewMarket's most recent earnings report was on 23 October 2024

When does NewMarket report earnings?

The next expected earnings date for NewMarket is 31 January 2025

Should I buy NewMarket stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions