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LyondellBasell Industries N.V. LYB, +0.99% said Friday that it raised its quarterly dividend by 5.0%, to $1.25 a share from $1.19 a share. HOUSTON and LONDON , Aug. 18, 2023 /PRNewswire/ — LyondellBasell today announced it has declared a dividend of $1.25 per share, to be paid September 5, 2023, to shareholders of record on August 28, 2… HOUSTON and LONDON, Sept. 11, 2023 /PRNewswire/ — LyondellBasell, a leader in the global chemical industry, today announced Michael McMurray, executive vice president and chief financial officer, wil… LyondellBasell’s stock performance turned sharply upward in June, with improving investor sentiment backed by a late-month update. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

LyondellBasell Named in U.S. News & World Report’s 2023-2024 Best Companies to Work For List

We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. On the whole, we do feel that LyondellBasell Industries has some positive attributes. However, given the high ROE and high profit retention, we would expect the company to be delivering strong earnings growth, but that isn’t the case here.

ROTTERDAM, Netherlands , July 19, 2023 /PRNewswire/ — LyondellBasell today announced it has acquired a 50% stake in Stiphout Industries B.V. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. LYB earnings call for the period ending September 30, 2021. LYB earnings call for the period ending November 30, 2021. Interest rates may be at rock-bottom levels, but that doesn’t mean income investors can’t step into some nice payouts. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

• For instance, the company’s business may be deteriorating.
• However, given the high ROE and high profit retention, we would expect the company to be delivering strong earnings growth, but that isn’t the case here.
• This puts Bhavesh V. “Bob” Patel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
• 17 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for LyondellBasell Industries in the last twelve months.

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

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Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. Despite having a normal three-year median payout ratio of 40% (where it is retaining 60% of its profits), LyondellBasell Industries has seen a decline in earnings as we saw above. For instance, the company’s business may be deteriorating. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company’s success at turning shareholder investments into profits.

Compare

LYB’s historical performance

against its industry peers and the overall market. Morningstar analysts hand-select direct competitors or comparable companies to

provide context on the strength and durability of LYB’s

competitive advantage. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Click the link below and we’ll send you MarketBeat’s guide to pot stock investing and which pot companies show the most promise. Sign-up to receive the latest news and ratings for LyondellBasell Industries and its competitors with MarketBeat’s FREE daily newsletter. Chemical maker LyondellBasell Industries said on Thursday it would evaluate a new electric furnace technology in olefins production, along with Technip Energies and Chevron Phillips Chemical, as it se…

These are established companies that reliably pay dividends. In the third quarter, LyondellBasell expects soft demand due to ongoing economic uncertainty to offset the usual benefits from summer seasonality. LyondellBasell is focused on advancing in Circular & Low Carbon Solutions. 17 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for LyondellBasell Industries in the last twelve months.

Zacks’ 7 Strongest Buy Stocksfor September, 2023

The ex-dividend date of this dividend is Friday, August 25th. CRS beat the Zacks Consensus Estimate in three of the last four quarters and matched once. It delivered a trailing four-quarter earnings surprise of 9.8%, on average.

• The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
• Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested.
• Interest rates may be at rock-bottom levels, but that doesn’t mean income investors can’t step into some nice payouts.
• LyondellBasell is focused on advancing in Circular & Low Carbon Solutions.
• 136 employees have rated LyondellBasell Industries Chief Executive Officer Bhavesh V. “Bob” Patel on Glassdoor.com.
• To know more about the company’s future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.

There are currently 3 sell ratings, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” LYB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LYB, but not buy additional shares or sell existing shares. Some of the company’s employees may be affected by the planned closure. It is committed to discussing solutions with unions and social parties to effectively serve them. Customers of the company will continue to be serviced.This unit is the world’s oldest of its kind, and it has become uncompetitive, LYB noted.

Financials

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023. If you are an index-fund investor, you’re probably feeling pretty good right now — the S&P 500 has returned 12.1% so far this year, with dividends reinvested, following its 18% decline in 2022. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

The company’s shares are currently priced at $94.38, with a ma… Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia.

Sank 5.2% in premarket trading Friday, after the chemical company reported third-quarter profit that fell well below expectations, as higher energy costs, new supply and weaker mar… Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or “retains” for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don’t have the same features. According to 17 analysts, the average rating for LYB stock is “Hold.” The 12-month stock price forecast is $100.0, which is a decrease of -0.18% from the latest price.

It reflects how much an investor will earn aside from any capital gains in the stock. HOUSTON and LONDON , May 19, 2023 /PRNewswire/ — LyondellBasell today announced its Board of Directors has declared a quarterly dividend of $1.25 per share, representing a 5 percent increase over the… The https://bigbostrade.com/ technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.

At first glance, LyondellBasell Industries seems to have a decent ROE. Further, the company’s ROE is similar to the industry average of 14%. However, while LyondellBasell Industries has a pretty respectable ROE, its five year net income decline rate was 3.2% .

It’s important for an investor to know whether the market has priced in the company’s expected earnings growth (or decline). Doing so will help share consolidation them establish if the stock’s future looks promising or ominous. You can find out in our latest intrinsic value infographic research report.

You can see the complete list of today’s Zacks #1 Rank stocks here.Denison Mines currently carries a Zacks Rank #1. DNN beat the Zacks Consensus Estimate in three of the last four quarters and met once. It delivered a trailing four-quarter earnings surprise of 75%, on average.Veritiv currently carries a Zacks Rank #2 (Buy). VRTV beat the Zacks Consensus Estimate in three of the last four quarters and missed once. It delivered a trailing four-quarter earnings surprise of 6%, on average. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.

This suggests that there might be some external threat to the business, that’s hampering its growth. Having said that, looking at current analyst estimates, we found that the company’s earnings growth rate is expected to see a huge improvement. To know more about the company’s future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Earnings growth is an important metric to consider when valuing a stock.