NewMarket (NEU) Scheduled to Post Quarterly Earnings on Thursday

NewMarket (NYSE:NEU - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, October 24th. Parties interested in listening to the company's conference call can do so using this link.

NewMarket (NYSE:NEU - Get Free Report) last released its quarterly earnings results on Monday, July 29th. The specialty chemicals company reported $11.63 EPS for the quarter. NewMarket had a net margin of 15.12% and a return on equity of 37.06%. The company had revenue of $710.23 million for the quarter.

NewMarket Stock Performance

Shares of NYSE:NEU traded down $1.13 during trading on Thursday, reaching $528.80. The stock had a trading volume of 13,729 shares, compared to its average volume of 36,703. NewMarket has a 52 week low of $436.90 and a 52 week high of $650.00. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of 12.75 and a beta of 0.49. The company has a quick ratio of 1.48, a current ratio of 2.66 and a debt-to-equity ratio of 0.95. The stock has a fifty day simple moving average of $548.38 and a two-hundred day simple moving average of $549.58.

NewMarket Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th were given a $2.50 dividend. This represents a $10.00 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Monday, September 16th. NewMarket's dividend payout ratio is 24.06%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of NewMarket from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, August 6th.

Insider Activity

In related news, CAO Bruce R. Hazelgrove III sold 1,270 shares of the business's stock in a transaction on Friday, August 9th. The shares were sold at an average price of $544.31, for a total transaction of $691,273.70. Following the transaction, the chief accounting officer now owns 358 shares of the company's stock, valued at approximately $194,862.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 20.40% of the company's stock.

NewMarket Company Profile

NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils.