IYM - iShares US Basic Materials ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
85.83
+0.21 (+0.25%)
At close: 3:59PM EST
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Previous Close85.62
Open85.73
Bid83.24 x 1400
Ask89.92 x 1400
Day's Range84.27 - 86.16
52 Week Range84.27 - 108.32
Volume124,142
Avg. Volume113,058
Net Assets453.33M
NAV90.67
PE Ratio (TTM)N/A
Yield1.61%
YTD Return-10.26%
Beta (3Y Monthly)1.22
Expense Ratio (net)0.43%
Inception Date2000-06-12
Trade prices are not sourced from all markets
  • Porsche Approved Axalta’s Three Premium Brands
    Market Realist18 hours ago

    Porsche Approved Axalta’s Three Premium Brands

    On December 6, Axalta (AXTA) announced that it received approval from Porsche AG to use Axalta’s three premium refinish brands. The premium refinish brands will be used by Porsche dealerships and body shops worldwide. The brands include Cromax, Spies Hecker, and Standox.

  • LyondellBasell’s Dividend Yield Peaked
    Market Realist4 days ago

    LyondellBasell’s Dividend Yield Peaked

    As of the close on December 6, LyondellBasell’s (LYB) dividend yield was 4.53%—the highest dividend yield recorded in the past six years on a sequential basis. Eastman Chemical (EMN), Celanese (CE), and Huntsman Chemical (HUN) have current dividend yields of 2.9%, 2.1%, and 3.2%, respectively. In comparison, LyondellBasell’s dividend yield is the best among the selected peers.

  • Is Eastman Chemical Undervalued Compared to Its Peers?
    Market Realist11 days ago

    Is Eastman Chemical Undervalued Compared to Its Peers?

    As of November 28, Eastman Chemical (EMN) was trading at a one-year forward PE multiple of 8.7x, which is well below the two-year average of 10.5x. Celanese (CE) and Westlake Chemical (WLK) were trading at one-year forward PE multiples of 9.0x and 8.3x, respectively. The forward PE multiple is a valuation method that considers a company’s future earnings estimates.

  • Axalta’s General Counsel Stepped Down
    Market Realist15 days ago

    Axalta’s General Counsel Stepped Down

    In a press release of November 21, Axalta (AXTA) announced that Michael Finn, the company’s senior vice president, general counsel, and corporate/government affairs and corporate secretary, stepped down. Axalta said that he’s leaving the company to pursue other career opportunities. Finn has been with Axalta since 2013.

  • APD’s Q4 Adjusted EPS Beat the Estimates, Stock Rose
    Market Realistlast month

    APD’s Q4 Adjusted EPS Beat the Estimates, Stock Rose

    APD's Q4 Adjusted EPS Beat the Estimates, Stock RoseAir Products and Chemicals’ fourth-quarter earnings

  • DowDuPont Stock Rose on Better-than-Expected Earnings
    Market Realistlast month

    DowDuPont Stock Rose on Better-than-Expected Earnings

    DowDuPont (DWDP) announced its Q3 earnings before the market opened on November 1. It reported adjusted EPS of $0.74, an increase of 34.5% over its pro forma adjusted EPS of $0.55 in Q3 2017. The company beat analysts’ adjusted EPS estimate of $0.72. In this series, we’ll look at DowDuPont’s earnings, revenues, and segment-wise performance.

  • APD’s Q4 2018 Earnings Beat Estimates, Revenues Missed
    Market Realistlast month

    APD’s Q4 2018 Earnings Beat Estimates, Revenues Missed

    On November 6, Air Products and Chemicals (APD) reported revenues of $2.30 billion for the fourth quarter, which reflects 4.3% growth compared to the fourth quarter of 2017. The company fell marginally short of Wall Street analysts’ estimates of $2.31 billion. Air Products and Chemical’s revenue growth increased 3% due to higher volumes, 1% due to higher pricing, and 1% due to the favorable energy pass through. However, unfavorable foreign currency had a negative impact on Air Products and Chemicals’ revenues by 1%.

  • Can APD’s Adjusted EPS Beat Wall Street Estimates Again?
    Market Realistlast month

    Can APD’s Adjusted EPS Beat Wall Street Estimates Again?

    Air Products and Chemicals (APD) is expected to report adjusted EPS of $1.99 for the fourth quarter of fiscal 2018—an increase of ~13.1% from the corresponding quarter last year. In the fourth quarter of 2017, Air Products and Chemicals reported adjusted EPS of $1.76. Air Products and Chemicals’ projected growth in adjusted EPS is expected to be driven by higher sales growth and a lower tax rate.

  • DowDuPont Stock Is Positive after Its Q3 Earnings
    Market Realistlast month

    DowDuPont Stock Is Positive after Its Q3 Earnings

    DowDuPont (DWDP) announced its third-quarter earnings on November 1. The company reported revenues of ~$20.12 billion—10.0% growth compared to the pro forma revenues from continuing operations in the third quarter of 2017. The revenues fell marginally short of analysts’ expectations of $20.21 billion.

  • IFF’s Short Interest before Its Third-Quarter Earnings
    Market Realistlast month

    IFF’s Short Interest before Its Third-Quarter Earnings

    The latest short interest report as of October 15 indicates that International Flavors and Fragrances’ (IFF) short interest has started to rise again after showing signs of declining after hitting its 2018 high. According to the latest report, the company’s short interest as a percentage of outstanding shares rose to 4.82% from 4.38% on a sequential basis. The recent sell-off in the US market could result in another increase in the short interest.

  • DowDuPont: Analysts Expect Double-Digit Revenue Growth
    Market Realistlast month

    DowDuPont: Analysts Expect Double-Digit Revenue Growth

    DowDuPont's Q3 Earnings: What Can Investors Expect? Dow Chemical and DuPont have divested several businesses to facilitate the merger. DowDuPont’s projected revenue growth is expected to be driven by improvements in all of its reporting segments.

  • W.R. Grace Declares a Quarterly Dividend
    Market Realistlast month

    W.R. Grace Declares a Quarterly Dividend

    On October 24, W.R. Grace (GRA) announced its regular quarterly dividend. GRA declared a dividend of $0.24 per share, implying dividend growth of 14.30% on a year-over-year basis.

  • LyondellBasell’s Adjusted EPS Expectations
    Market Realistlast month

    LyondellBasell’s Adjusted EPS Expectations

    LyondellBasell (LYB) is expected to report an adjusted EPS of $2.69 in the third quarter, which implies an 11.6% increase on a YoY (year-over-year) basis. In the third quarter of 2017, LyondellBasell reported an adjusted EPS of $2.41. LyondellBasell’s projected adjusted EPS growth is expected to be driven by higher revenue growth, share repurchases, improved SG&A (selling, general, and administrative) expenses as a percentage of sales and an improved cost of goods sold as a percentage of sales.

  • PPG’s Q3 2018 Revenue Rises: Reverse Trend for Third Quarters
    Market Realist2 months ago

    PPG’s Q3 2018 Revenue Rises: Reverse Trend for Third Quarters

    Although it’s a meager revenue growth, PPG had a trend reversal for third-quarter revenues. On the other hand, the slowdown in some of its business and unfavorable foreign currency had an adverse impact on PPG’s revenue. The acquisition will complement its automotive refinishing business and could help improve its revenue growth.

  • PPG Industries’ Earnings Are Expected to Decline
    Market Realist2 months ago

    PPG Industries’ Earnings Are Expected to Decline

    Wall Street analysts expect PPG Industries (PPG) to post an adjusted EPS of $1.45 for the third quarter, which reflects a decline of 4.6% YoY (year-over-year). In the third quarter of 2017, the company’s adjusted EPS was reported at $1.52. The projection indicates the continued decline in PPG Industries’ third-quarter adjusted EPS since 2015.

  • Cabot Will Participate in Vehicle Technologies Research
    Market Realist2 months ago

    Cabot Will Participate in Vehicle Technologies Research

    In a press release on October 10, Cabot (CBT) said that the Department of Energy selected the company to participate in advanced vehicle technologies research. The Department of Energy has initiated 42 projects in advanced vehicle technologies that could help in affordable mobility. The Department of Energy has set aside $80 million to be invested in the field—$32 million is allocated towards battery and electrification. The Department of Energy’s $2.9 million assistance should boost the company’s research.

  • Axalta Appointed an Interim CEO
    Market Realist2 months ago

    Axalta Appointed an Interim CEO

    On October 8, Axalta (AXTA) announced that it appointed an interim CEO. Terrence Hahn resigned as Axalta’s CEO. His resignation was a mutual agreement with the company’s board. There was an investigation into Hahn’s conduct. Axalta thought that his conduct didn’t comply with its policies. Axalta’s board appointed Robert Bryant, the company’s executive vice president and CFO, as the interim CEO.

  • DowDuPont: Key Dates for the Next Quarterly Dividend
    Market Realist2 months ago

    DowDuPont: Key Dates for the Next Quarterly Dividend

    In a press release on October 11, DowDuPont (DWDP) announced the quarterly dividend. DowDupont said that its board approved a quarterly dividend of $0.38 per share. The quarter dividend implies that there isn’t an increase in the dividend rate. DowDuPont might not revise its dividend rate until the spin-off is completed. DowDuPont released its fifth dividend after the merger of Dow Chemical and DuPont.

  • ETF Trends2 months ago

    Materials ETFs Slip as PPG Industries Sounds Warning Bell

    Materials stocks and sector-related ETFs were among the worst performers Tuesday after paint and coatings supplier PPG Industries (PPG) warned it will likely report weak third- and fourth-quarter results due to higher material costs and diminished demand from China. On Tuesday, the Materials Select Sector SPDR (XLB) fell 3.4%, iShares U.S. Basic Materials ETF (IYM) dropped 3.3%,  Vanguard Materials ETF (VAW) declined 3.3% and Fidelity MSCI Materials Index ETF (FMAT) decreased 3.3%. The materials sector was dragged down by PPG Industries after the specialty materials supplier warned it expects to report weak third- and fourth-quarter results.

  • IFF’s Short Interest Has Reached the Highest Point in 2018
    Market Realist2 months ago

    IFF’s Short Interest Has Reached the Highest Point in 2018

    The latest short interest report indicates that International Flavors and Fragrances’ (IFF) short interest is at the highest point in 2018. According to the latest report, the company’s short interest as a percentage of outstanding shares rose to 5.0% from 3.5% on a sequential basis. International Flavors and Fragrances’ acquisition of Frutarom didn’t go well with investors.

  • Cabot Plans to Increase Activated Carbon Prices Globally
    Market Realist3 months ago

    Cabot Plans to Increase Activated Carbon Prices Globally

    On September 21, Cabot (CBT) announced that it plans to increase activated carbon prices. The price increase will be effective on October 1 or as the contract allows. The price increase will be 5%–10% globally.

  • Why Are Analysts Bullish on Celanese Stock?
    Market Realist3 months ago

    Why Are Analysts Bullish on Celanese Stock?

    The overall analyst consensus recommendation for Celanese stock indicates a target price of $131.20 which implies a return potential of 15.7% over its closing price on September 18. In the past three months, analysts have increased CE’s target price from $125.50 to its current target price.

  • Did PPG’s Dividend Increase Help to Improve Its Dividend Yield?
    Market Realist4 months ago

    Did PPG’s Dividend Increase Help to Improve Its Dividend Yield?

    A higher dividend yield with good dividend growth is likely to attract more long-term investors and dividend investors. PPG’s peers Sherwin-Williams (SHW) and RPM International (RPM) have dividend yields of 0.77% and 2.21%, respectively, while Axalta (AXTA) hasn’t paid any dividends. In comparison to its peers’ yields, PPG’s dividend yield is neither better nor worse.

  • Axalta Launches New Glass and Ceramic Coatings—Eleglas
    Market Realist4 months ago

    Axalta Launches New Glass and Ceramic Coatings—Eleglas

    On August 6, Axalta (AXTA) announced the launch of Eleglas, decorative coatings that can be used to protect and enhance glass and ceramic surfaces. These coatings are water-based polymers with anti-shatter technology that keeps the glass and ceramic pieces intact if it breaks. This development marks Axalta’s expansion into the glass coatings market.

  • What Caused IFF’s Flavors Segment’s Margin to Expand in Q2 2018?
    Market Realist4 months ago

    What Caused IFF’s Flavors Segment’s Margin to Expand in Q2 2018?

    International Flavors & Fragrances’ (IFF) Flavors segment saw a fall in its contribution to the company’s overall revenue by 0.2 percentage points in the second quarter. The growth in the segment’s revenue was driven primarily by price increases and higher volume growth across all its categories and regions. The segment reported a net profit of $109.6 million in the second quarter, a rise of 13.2% YoY.