Albemarle Corporation Company Profile (NYSE:ALB)

About Albemarle Corporation

Albemarle Corporation logoAlbemarle Corporation is a developer, manufacturer and marketer of specialty chemicals across a range of end markets, including the petroleum refining, consumer electronics, energy storage, construction, automotive, steel and aerospace, lubricants, pharmaceuticals, crop protection, household appliances, heating, ventilation, aluminum finishing, food safety and custom chemistry services. The Company operates through the segments, including Performance Chemicals and Refining Solutions. The Company's Performance Chemicals segment consists of product categories, including Lithium, Performance Catalyst Solutions and Bromine. The Company's Lithium business develops advanced materials for a range of industries and end markets. The Company's main product lines in the Refining Solutions segment are Clean Fuels Technologies, which is composed of hydroprocessing catalysts (HPC), and Heavy Oil Upgrading (HOU), which is composed of fluidized catalytic cracking (FCC) catalysts and additives.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Specialty Chemicals
  • Exchange: NYSE
  • Symbol: ALB
  • CUSIP: 01265310
Key Metrics:
  • Previous Close: $92.41
  • 50 Day Moving Average: $92.22
  • 200 Day Moving Average: $85.32
  • 52-Week Range: $112,475,000.00 - $50.95
  • Trailing P/E Ratio: 48.13
  • Foreward P/E Ratio: 22.64
  • P/E Growth: 4.02
  • Market Cap: $10.34B
  • Outstanding Shares: 112,475,000
  • Beta: 1.41
  • Net Margins: 6.92%
  • Return on Equity: 14.38%
  • Return on Assets: 5.27%
  • Debt-to-Equity Ratio: 0.88%
  • Current Ratio: 1.45%
  • Quick Ratio: 0.98%
Additional Links:
Companies Related to Albemarle Corporation:

Analyst Ratings

Consensus Ratings for Albemarle Corporation (NYSE:ALB) (?)
Ratings Breakdown: 3 Hold Ratings, 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.85)
Consensus Price Target: $93.64 (1.87% upside)

Analysts' Ratings History for Albemarle Corporation (NYSE:ALB)
DateFirmActionRatingPrice TargetDetails
2/17/2017AegisInitiated CoverageBuy$108.00View Rating Details
1/17/2017Robert W. BairdUpgradeNeutral -> Outperform$81.00 -> $118.00View Rating Details
1/12/2017Goldman Sachs Group, Inc. (The)Reiterated RatingConviction-Buy$116.00View Rating Details
1/6/2017Jefferies Group LLCReiterated RatingBuy$102.00View Rating Details
1/6/2017InstinetBoost Price TargetBuy$92.00 -> $102.00View Rating Details
8/24/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
8/23/2016NomuraSet Price TargetBuy$92.00View Rating Details
8/9/2016Citigroup Inc.Boost Price TargetBuy$95.00 -> $101.00View Rating Details
6/16/2016Morgan StanleyReiterated RatingHoldView Rating Details
5/12/2016SunTrust Banks, Inc.Boost Price TargetBuy$62.00 -> $85.00View Rating Details
4/17/2016KeyCorpReiterated RatingBuyView Rating Details
3/10/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$59.00View Rating Details
2/23/2016J P Morgan Chase & CoBoost Price TargetNeutral$50.00 -> $52.00View Rating Details
8/19/2015MacquarieLower Price TargetOutperform$72.00 -> $63.00View Rating Details
7/8/2015BB&T CorporationInitiated CoverageBuy$72.00View Rating Details
(Data available from 2/19/2015 forward)


Earnings History for Albemarle Corporation (NYSE:ALB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017ListenView Earnings Details
11/7/2016Q316$0.81$0.91$645.81 million$654.00 millionViewListenView Earnings Details
8/3/2016Q216$1.01$1.09$860.40 million$669.30 millionViewListenView Earnings Details
5/10/2016Q116$0.86$1.12$821.64 million$865.40 millionViewListenView Earnings Details
2/17/2016Q415$0.83$1.03$891.88 million$930.40 millionViewListenView Earnings Details
11/4/2015Q315$0.89$0.90$950.25 million$905.10 millionViewListenView Earnings Details
8/5/2015Q215$0.82$0.84$940.65 million$931.50 millionViewListenView Earnings Details
5/6/2015Q115$0.71$1.17$913.20 million$884.40 millionViewListenView Earnings Details
1/28/2015Q414$1.03$0.99$638.76 million$598.00 millionViewListenView Earnings Details
10/22/2014Q314$1.03$1.14$617.70 million$642.40 millionViewListenView Earnings Details
7/30/2014Q214$0.99$1.10$646.75 million$604.70 millionViewListenView Earnings Details
4/16/2014Q114$0.95$0.96$655.87 million$656.70 millionViewListenView Earnings Details
1/29/2014Q413$1.21$1.08$688.58 million$692.00 millionViewListenView Earnings Details
10/17/2013Q313$1.08$1.09$655.97 million$648.80 millionViewListenView Earnings Details
7/17/2013Q2 2013$0.98$0.97$654.31 million$634.20 millionViewListenView Earnings Details
4/17/2013Q1 2013$1.02$0.93$681.09 million$641.60 millionViewListenView Earnings Details
1/22/2013Q4 2012$0.98$1.17$646.83 million$687.60 millionViewListenView Earnings Details
10/17/2012$1.11$1.10ViewN/AView Earnings Details
7/17/2012$1.22$1.24ViewN/AView Earnings Details
4/18/2012$1.16$1.20ViewN/AView Earnings Details
1/23/2012$1.09$1.11ViewN/AView Earnings Details
10/24/2011$1.18$1.28ViewN/AView Earnings Details
7/21/2011$1.12$1.23ViewN/AView Earnings Details
4/19/2011$0.96$1.15ViewN/AView Earnings Details
1/24/2011$0.88$0.92ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Albemarle Corporation (NYSE:ALB)
Current Year EPS Consensus Estimate: $3.52 EPS
Next Year EPS Consensus Estimate: $4.06 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$0.80$0.94$0.87
Q2 20165$0.99$1.06$1.03
Q3 20166$0.70$1.04$0.93
Q4 20166$0.72$1.00$0.81
Q1 20173$0.91$1.00$0.95
Q2 20173$0.99$1.05$1.02
Q3 20173$0.98$1.05$1.02
Q4 20172$0.93$0.98$0.96
Q1 20181$1.04$1.04$1.04
Q2 20181$1.13$1.13$1.13
Q3 20181$1.18$1.18$1.18
Q4 20181$1.11$1.11$1.11
(Data provided by Zacks Investment Research)


Current Dividend Information for Albemarle Corporation (NYSE:ALB)
Annual Dividend:$1.22
Dividend Yield:1.33%
Dividend Growth:9.40% (3 Year Average)
Payout Ratio:63.54% (Based on Trailing 12 Months of Earnings)
34.66% (Based on Current Year Consensus EPS Estimate)
30.05% (Based on Next Year Consensus EPS Estimate)
Track Record:13 Years of Consecutive Dividend Growth

Dividend History for Albemarle Corporation (NYSE:ALB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Albemarle Corporation (NYSE:ALB)
Insider Ownership Percentage: 0.71%
Institutional Ownership Percentage: 86.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/6/2017Karen G NarwoldEVPSell392$90.59$35,511.28View SEC Filing  
1/6/2017Luther C Iv KissamChairmanSell2,542$90.46$229,949.32View SEC Filing  
1/6/2017Scott TozierCFOSell1,057$90.62$95,785.34View SEC Filing  
12/6/2016Karen G NarwoldEVPSell10,000$86.11$861,100.00View SEC Filing  
8/24/2016Luther C Iv KissamCEOSell50,000$83.19$4,159,500.00View SEC Filing  
8/5/2016John Sherman JrDirectorSell4,300$82.09$352,987.00View SEC Filing  
5/12/2016Donald J Jr. LabauveCAOSell3,564$75.34$268,511.76View SEC Filing  
5/12/2016John Sherman JrDirectorSell2,025$75.73$153,353.25View SEC Filing  
5/12/2016Matthew JuneauSVPSell13,174$75.34$992,529.16View SEC Filing  
3/14/2016Karen G NarwoldSVPSell405$60.38$24,453.90View SEC Filing  
3/8/2016Scott TozierCFOSell556$58.89$32,742.84View SEC Filing  
3/1/2016Luther C Iv KissamCEOSell1,048$57.98$60,763.04View SEC Filing  
1/6/2016Karen G NarwoldSVPSell138$52.57$7,254.66View SEC Filing  
1/6/2016Scott TozierCFOSell190$52.55$9,984.50View SEC Filing  
9/1/2015Luther C. Iv KissamCEOBuy4,533$44.01$199,497.33View SEC Filing  
3/2/2015Luther C Iv KissamCEOSell1,075$56.36$60,587.00View SEC Filing  
2/11/2015James J /Ky ObrienDirectorBuy1,000$52.68$52,680.00View SEC Filing  
2/3/2015John Sherman JrDirectorBuy2,500$48.49$121,225.00View SEC Filing  
2/2/2015Jim W NokesDirectorBuy3,000$47.47$142,410.00View SEC Filing  
1/30/2015Douglas L MaineDirectorBuy7,847$48.48$380,422.56View SEC Filing  
9/12/2014Gerald A SteinerDirectorBuy1,000$64.21$64,210.00View SEC Filing  
8/1/2014D Michael WilsonSVPBuy5,000$61.29$306,450.00View SEC Filing  
2/25/2014Karen NarwoldVPSell2,200$64.41$141,702.00View SEC Filing  
2/25/2014Scott TozierCFOSell3,509$64.44$226,119.96View SEC Filing  
1/30/2014John Sherman, Jr.DirectorSell1,000$65.27$65,270.00View SEC Filing  
1/30/2014Matthew JuneauSVPSell5,000$64.84$324,200.00View SEC Filing  
1/8/2014Luther Iv KissamCEOSell3,180$64.41$204,823.80View SEC Filing  
1/8/2014Scott TozierCFOSell1,339$64.35$86,164.65View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Albemarle Corporation (NYSE:ALB)
News IconPODCAST: Albemarle Corporation CEO Luke Kissam on becoming the world's lithium king - Midas Letter (NYSE:ALB) - February 18 at 3:25 PM logoAnalyst Activity – Aegis Initiates Coverage On Albemarle Corporation (NYSE:ALB) With a Buy (NYSE:ALB) - February 17 at 6:42 PM
News IconCrozet company files closure notice; future unclear (NYSE:ALB) - February 16 at 8:29 PM
News IconCrozet company files closure notice; future unclear (NYSE:ALB) - February 16 at 8:29 PM
News IconAlbemarle County Real Estate Company Receives Award (NYSE:ALB) - February 16 at 8:29 PM logoBunge Larger Than S&P 500 Component Albemarle (NYSE:ALB) - February 16 at 8:29 PM logoBunge Larger Than S&P 500 Component Albemarle (NYSE:ALB) - February 16 at 8:29 PM logoThe Growth Forecast For Albemarle Corporation (NYSE:ALB) (NYSE:ALB) - February 16 at 8:29 PM
News IconIs The Sell-Side Predicting That Albemarle Corporation (NYSE:ALB) Will Move Higher? - Winfield Review (NYSE:ALB) - February 16 at 7:37 AM
News IconToday Analysts Focus on Albemarle Corporation (ALB), Automatic Data Processing, Inc. (ADP) - StockNewsJournal (NYSE:ALB) - February 16 at 7:37 AM logoTuesday Sector Laggards: Utilities, Materials (NYSE:ALB) - February 15 at 1:47 AM
News IconLooking at the Levels for Albemarle Corporation (NYSE:ALB) - Rives Journal (NYSE:ALB) - February 14 at 8:44 PM logoCypress Begins Drill Program at Dean Lithium Claystone Project in Clayton Valley, Nevada; Completes Water Solubility Study (NYSE:ALB) - February 14 at 3:44 PM logoSodium Bromide (CAS 7647-15-6) Market 2017 - Chemtura Corporation, Albemarle Corporation, Tetra technologies, ICL, Jordan Bromine Company (NYSE:ALB) - February 14 at 3:44 PM logoPost Earnings Coverage as LyondellBasell's Q4 Top-line Beat Market Estimates (NYSE:ALB) - February 14 at 3:44 PM
News IconPlastic Additives Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022 (NYSE:ALB) - February 14 at 1:59 AM
News IconRepair Construction Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022 (NYSE:ALB) - February 14 at 1:59 AM logoLIT Investors: Don't Forget Your Lithium Pills (NYSE:ALB) - February 13 at 8:56 PM
News IconMonitoring the Levels for Albemarle Corporation (NYSE:ALB) - Providence Standard (NYSE:ALB) - February 13 at 3:54 PM
News IconNorwood Council approves demolition of buildings (NYSE:ALB) - February 11 at 3:26 PM
News IconAlbemarle Supervisors okay two new projects (NYSE:ALB) - February 10 at 1:30 AM
News IconUnited Way eyeing successful year; one donor gives $18K (NYSE:ALB) - February 10 at 1:30 AM
News IconSWIMMING Stanly athletes qualify for 1A/2A state meet (NYSE:ALB) - February 10 at 1:30 AM
News IconAlbemarle supervisors briefed on transit options (NYSE:ALB) - February 10 at 1:30 AM
News IconAlbemarle Co., Charlottesville Students Discuss Education, Economy (NYSE:ALB) - February 10 at 1:30 AM
News IconAlbemarle County Supervisors Approve Oakleigh, Foothills Develop ... - NBC 29 News (NYSE:ALB) - February 9 at 8:29 PM
News IconProtest Held Outside Tom Garrett's Albemarle County Office - NBC29 WVIR Charlottesville, VA News, Sports and Weather - NBC 29 News (NYSE:ALB) - February 9 at 8:29 PM
News IconAlbemarle County Supervisors Discuss Public Transit - NBC29 WVIR Charlottesville, VA News, Sports and Weather - NBC 29 News (NYSE:ALB) - February 9 at 8:29 PM
News IconAlbemarle Co. School Board Approves Budget Request - NBC29 WVIR Charlottesville, VA News, Sports and Weather - NBC 29 News (NYSE:ALB) - February 9 at 8:29 PM
News IconAlbemarle Co. Supervisor Sheffield Not Likely to Seek Reelection - NBC29 WVIR Charlottesville, VA News, Sports and ... - NBC 29 News (NYSE:ALB) - February 9 at 8:29 PM
News IconAlbemarle BOS Approves Oakleigh, Foothills Developments (NYSE:ALB) - February 9 at 3:28 PM logoGlobal Bromine Industry (NYSE:ALB) - February 9 at 3:28 PM logoPPG Industries (PPG) Gets DOE Funding to Develop Agilon (NYSE:ALB) - February 9 at 3:28 PM logoThese 3 Specialty Chemical Stocks Beat the Market in 2016. Should You Buy in 2017? (NYSE:ALB) - February 9 at 3:28 PM logoFMC Corp (FMC) Q4 Earnings, Revenues Trail Estimates (NYSE:ALB) - February 7 at 3:54 PM
News IconBrian Taylor accepts position as assistant state fire marshal, senior deputy commissioner of insurance (NYSE:ALB) - February 4 at 3:31 PM logoCornish lithium dreams may die in South America's salt lakes: Andy Home (NYSE:ALB) - February 3 at 9:38 PM
News IconArmy Vet Adrelle Evans Takes HR VP Role at StrategicHealthSolutions (NYSE:ALB) - February 3 at 3:33 PM logoHoists Direct Announces Executive Hire (NYSE:ALB) - February 3 at 3:33 PM
News IconElectric Cars, Technology Spurs Lithium Demand (NYSE:ALB) - February 2 at 8:29 PM logoFMC Corp (FMC) Q4 Earnings: What's in Store for the Stock? (NYSE:ALB) - February 2 at 3:27 PM
News IconLarge Cap Specialty Chemicals: Albemarle Corporation (NYSE:ALB) (NYSE:ALB) - February 1 at 8:33 PM Benefits of Clean Energy Pushes Lithium Market (NYSE:ALB) - February 1 at 3:32 PM logoLyondellBasell (LYB) Q4 Earnings: What's in the Cards? (NYSE:ALB) - February 1 at 3:32 PM logoLeaders in Manufacturing Analytics to be Featured at 21st Annual ARC Forum (NYSE:ALB) - February 1 at 1:40 AM
News IconFirms & Funds Maintain Significant Positions In Albemarle Corporation (NYSE:ALB) - Wall Street Beacon (NYSE:ALB) - January 31 at 3:37 PM logoAlbemarle Corp. : ALB-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : January 31, 2017 (NYSE:ALB) - January 31 at 3:37 PM logoPotash Corp. (POT) Misses Q4 Earnings, Revenue Estimates (NYSE:ALB) - January 30 at 3:37 PM
News IconSpecialty Chemicals: Albemarle Corporation (NYSE:ALB) Position of the day (NYSE:ALB) - January 30 at 1:28 AM
News IconWhat are Analysts Expecting for Albemarle Corporation (NYSE:ALB) Earnings? - Aiken Advocate (NYSE:ALB) - January 29 at 3:25 PM


What is Albemarle Corporation's stock symbol?

Albemarle Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALB."

How often does Albemarle Corporation pay dividends? What is the dividend yield for Albemarle Corporation?

Albemarle Corporation declared a quarterly dividend on Thursday, November 3rd. Stockholders of record on Thursday, December 15th will be given a dividend of $0.305 per share on Monday, January 2nd. This represents a $1.22 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, December 13th.

Where is Albemarle Corporation's stock going? Where will Albemarle Corporation's stock price be in 2017?

13 equities research analysts have issued 12 month price targets for Albemarle Corporation's stock. Their forecasts range from $52.00 to $118.00. On average, they expect Albemarle Corporation's stock price to reach $93.64 in the next year.

When will Albemarle Corporation announce their earnings?

Albemarle Corporation is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

What are analysts saying about Albemarle Corporation stock?

Here are some recent quotes from research analysts about Albemarle Corporation stock:

  • Robert W. Baird analysts commented, "We believe in the growth of electric vehicles and storage, especially as TSLA ramps production, and think ALB should benefit from market growth. Although additional lithium production will come on-line to support EV and storage growth, we are in a multiyear growth cycle, and ALB shares should benefit until substantial capacity comes on-line. Furthermore, we believe ALB has upside as a potential consolidator after de-levering from the Chemetall sale. We recommend buying shares at current levels." (1/17/2017)
  • According to Zacks Investment Research, "Albemarle Corporation is a major producer of fine and performance chemicals including polymer intermediates, cleaning product intermediates and additives, agricultural chemical intermediates, pharmaceutical intermediates, catalysts, brominated flame retardants, bromine chemicals and potassium and chlorine chemicals. " (1/10/2017)

Who owns Albemarle Corporation stock?

Albemarle Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (7.34%), State Street Corp (5.62%), FMR LLC (1.94%), Iridian Asset Management LLC CT (1.85%), Dimensional Fund Advisors LP (1.23%) and Janus Capital Management LLC (1.19%). Company insiders that own Albemarle Corporation stock include Donald J Jr Labauve, John Sherman Jr, Karen G Narwold, Luther C Iv Kissam, Matthew Juneau and Scott Tozier.

Who sold Albemarle Corporation stock? Who is selling Albemarle Corporation stock?

Albemarle Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Iridian Asset Management LLC CT, Dimensional Fund Advisors LP, Systematic Financial Management LP, Stelliam Investment Management LP, Tide Point Capital Management LP, Royce & Associates LP and Renaissance Technologies LLC. Company insiders that have sold Albemarle Corporation stock in the last year include Donald J Jr Labauve, John Sherman Jr, Karen G Narwold, Luther C Iv Kissam, Matthew Juneau and Scott Tozier.

Who bought Albemarle Corporation stock? Who is buying Albemarle Corporation stock?

Albemarle Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, State Street Corp, Friess Associates LLC, Asset Management One Co. Ltd., AQR Capital Management LLC, Russell Investments Group Ltd., Allianz Asset Management AG and Caxton Associates LP.

How do I buy Albemarle Corporation stock?

Shares of Albemarle Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Albemarle Corporation stock cost?

One share of Albemarle Corporation stock can currently be purchased for approximately $91.92.

Albemarle Corporation (NYSE:ALB) Chart for Sunday, February, 19, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Albemarle Corporation (NYSE:ALB)

Earnings History Chart

Earnings by Quarter for Albemarle Corporation (NYSE:ALB)

Dividend History Chart

Dividend Payments by Quarter for Albemarle Corporation (NYSE:ALB)

Last Updated on 2/19/2017 by Staff