In today’s recent session, 1.13 million shares of the LyondellBasell Industries NV (NYSE:LYB) have been traded, and its beta is 0.81. Most recently the company’s share price was $59.18, and it changed around -$0.41 or -0.68% from the last close, which brings the market valuation of the company to $19.02B. LYB at last check was trading at a discount to its 52-week high of $100.46, offering almost -69.75% off that amount. The share price’s 52-week low was $51.11, which indicates that the recent value has risen by an impressive 13.64% since then. We note from LyondellBasell Industries NV’s average daily trading volume that its 10-day average is 4.69 million shares, with the 3-month average coming to 4.41 million.
LyondellBasell Industries NV stock received a consensus recommendation rating of Hold, based on a mean score of 2.79. If we narrow it down even further, the data shows that 2 out of 23 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 14 recommended LYB as a Hold, whereas 5 deemed it a Buy, and 1 rated it as Underweight.
LyondellBasell Industries NV (NYSE:LYB) trade information
Instantly LYB has been showing red trend so far today with a performance of -0.68% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 61.69 on recent trading dayincreased the stock’s daily price by 4.07%. The company’s shares are currently down -20.31% year-to-date, but still down -3.17% over the last five days. We can see from the shorts that 11.78 million shares have been sold at a short interest cover period of 3.15 day(s).
The consensus price target as assigned by Wall Street analysts is $70, which translates to bulls needing to increase their stock price by 15.46% from its current value. Analyst projections state that LYB is forecast to be at a low of $51 and a high of $85.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -15.40%. LyondellBasell Industries NV earnings are expected to increase by -41.43% in 2025, but the outlook is positive 5.29% per year for the next five years.
LYB Dividends
LyondellBasell Industries NV’s next quarterly earnings report is expected to be released on 2025-Apr-25. The annual dividend yield of the stock is 9.11 percent and its annual dividend per share was 5.39. It is important to note, however, that the 9.11% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.37 per year.
LyondellBasell Industries NV (NYSE:LYB)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 20.50% of LyondellBasell Industries NV shares, and 74.79% of them are in the hands of institutional investors. The stock currently has a share float of 94.08%. LyondellBasell Industries NV stock is held by 1323.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.65% of the shares, which is about 31.46 million shares worth $3.01 billion.
BLACKROCK INC., with 7.0385% or 22.95 million shares worth $2.19 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
