NEU Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Newmarket Corp, the DDM model, as implemented by StockNews, implies a positive return of 241.35% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Newmarket Corp are:

• Amongst its dividend-issuing peers in the mid-sized market cap category, NEU has a beta lower than 97.12% of them.
• NEU's market cap of approximately $4 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 94.23% of them.

NEU Dividends vs. Peers