Albemarle Corp. Company Profile (NYSE:ALB)

About Albemarle Corp.

Albemarle Corp. 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, heating, ventilation, and aluminum finishing. The Company operates through three segments: Performance Chemicals, Refining Solutions and Chemetall Surface Treatment. Its Performance Chemicals segment consists of three product categories: Lithium, Performance Catalyst Solutions and Bromine. Its Refining Solutions Segment offers two product lines, including Clean Fuels Technologies, which is composed of hydroprocessing catalysts, and Heavy Oil Upgrading, which is composed of fluidized catalytic cracking (FCC) catalysts and additives. Its Chemetall Surface Treatment segment operates under the Chemetall brand name and is a supplier of applied surface treatments and services for metal, plastic and glass substrates.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Specialty Chemicals
  • Exchange: NYSE
  • Symbol: ALB
  • CUSIP: 01265310
Key Metrics:
  • Previous Close: $83.15
  • 50 Day Moving Average: $80.98
  • 200 Day Moving Average: $76.34
  • 52-Week Range: $44.32 - $87.29
  • Trailing P/E Ratio: 63.06
  • Foreward P/E Ratio: 21.48
  • P/E Growth: 2.64
  • Market Cap: $9.63B
  • Outstanding Shares: 112,403,000
  • Beta: 1.87
Profitability:
  • Net Margins: 4.54%
  • Return on Equity: 14.52%
  • Return on Assets: 5.22%
Debt:
  • Debt-to-Equity Ratio: 0.91%
  • Current Ratio: 1.32%
  • Quick Ratio: 0.87%
Additional Links:
Companies Related to Albemarle Corp.:

Analyst Ratings

Consensus Ratings for Albemarle Corp. (NYSE:ALB) (?)
Ratings Breakdown: 4 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.64)
Consensus Price Target: $79.11 (7.46% downside)
Analysts' Ratings History for Albemarle Corp. (NYSE:ALB)
Show:
DateFirmActionRatingPrice TargetDetails
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
5/12/2016Jefferies GroupBoost Price TargetBuy$75.00 -> $90.00View Rating Details
4/25/2016Goldman Sachs Group Inc.Reiterated RatingBuy$67.00View Rating Details
4/17/2016KeyCorpReiterated RatingBuyView Rating Details
4/13/2016Robert W. BairdReiterated RatingHold$54.00 -> $71.00View Rating Details
3/10/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$59.00View Rating Details
2/23/2016JPMorgan Chase & Co.Boost Price TargetNeutral$50.00 -> $52.00View Rating Details
8/19/2015MacquarieLower Price TargetOutperform$72.00 -> $63.00View Rating Details
7/8/2015BB&T Corp.Initiated CoverageBuy$72.00View Rating Details
2/12/2015Topeka Capital MarketsLower Price TargetBuy$74.00 -> $66.00View Rating Details
2/2/2015Cowen and CompanyInitiated CoverageMarket Perform$54.00View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Albemarle Corp. (NYSE:ALB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
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)

Estimates

Earnings Estimates for Albemarle Corp. (NYSE:ALB)
Current Year EPS Consensus Estimate: $3.47 EPS
Next Year EPS Consensus Estimate: $3.98 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$0.75$1.00$0.90
Q1 20172$0.86$1.03$0.95
Q2 20172$0.97$1.06$1.02
Q3 20171$1.12$1.12$1.12
Q4 20171$1.08$1.08$1.08
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Albemarle Corp. (NYSE:ALB)
Annual Dividend:$1.22
Dividend Yield:1.43%
Dividend Growth:13.90% (3 Year Average)
Payout Ratio:89.05% (Based on Trailing 12 Months of Earnings)
35.16% (Based on Current Year Consensus EPS Estimate)
30.65% (Based on Next Year Consensus EPS Estimate)
Track Record:12 Years of Consecutive Dividend Growth
Dividend History for Albemarle Corp. (NYSE:ALB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/11/2016quarterly$0.311.43%9/13/20169/15/201610/3/2016
5/10/2016quarterly$0.311.63%6/13/20166/15/20167/1/2016
2/26/2016quarterly$0.312.17%3/14/20163/16/20164/1/2016
10/5/2015quarterly$0.292.44%12/11/201512/15/20151/4/2016
7/9/2015quarterly$0.292.15%9/14/20159/16/201510/1/2015
5/6/2015quarterly$0.291.93%6/12/20156/16/20157/1/2015
5/5/2015quarterly$0.296/16/20156/1/2015
2/24/2015quarterly$0.292.06%3/12/20153/16/20154/1/2015
10/14/2014quarterly$0.282.04%12/11/201412/15/20141/2/2015
7/14/2014quarterly$0.281.57%9/11/20149/15/201410/1/2014
5/13/2014quarterly$0.281.59%6/11/20146/13/20147/1/2014
2/25/2014quarterly$0.281.68%3/12/20143/14/20144/1/2014
10/8/2013quarterly$0.241.52%12/11/201312/13/20131/2/2014
7/10/2013quarterly$0.241.48%9/11/20139/13/201310/1/2013
5/7/2013quarterly$0.241.51%6/12/20136/14/20137/1/2013
2/12/2013quarterly$0.241.45%3/13/20133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Albemarle Corp. (NYSE:ALB)
Insider Ownership Percentage: 0.71%
Institutional Ownership Percentage: 88.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Albemarle Corp. (NYSE:ALB)
DateHeadline
News IconAmfuel indicates jobs stay into '17 - Arkansas Democrat-Gazette - Arkansas Online (NYSE:ALB)
www.arkansasonline.com - September 30 at 8:36 AM
News Icon2 Stocks Attracting Analyst Attention: Albemarle (NYSE:ALB), Syntel ... - The Voice Registrar (NYSE:ALB)
voiceregistrar.com - September 29 at 3:41 PM
News IconAlbemarle Corporation's (ALB): Watch List Stock - Hot Stocks Point (NYSE:ALB)
www.hotstockspoint.com - September 29 at 3:41 PM
realistinvestor.com logoAlbemarle Corporation (NYSE:ALB) Mean Price Target At $85.777 - RealistInvestor.com (NYSE:ALB)
www.realistinvestor.com - September 28 at 3:23 PM
seekingalpha.com logoLithium Miners News For The Month Of September 2016 (NYSE:ALB)
seekingalpha.com - September 28 at 8:10 AM
News IconLanxess to buy Chemtura for $2.1 billion - Pittsburgh Post-Gazette (NYSE:ALB)
www.post-gazette.com - September 26 at 3:26 PM
News IconLanxess to buy Chemtura for $2.1 billion (NYSE:ALB)
www.post-gazette.com - September 26 at 9:54 AM
News IconAnalysts Valuations For Two Stocks: Albemarle Corporation (NYSE:ALB), Whole Foods Market, Inc. (NASDAQ:WFM) - The Voice Registrar (NYSE:ALB)
voiceregistrar.com - September 23 at 3:50 PM
realistinvestor.com logoAlbemarle Corporation (NYSE:ALB)'s Accounts Payable Is $253.067 - RealistInvestor.com (NYSE:ALB)
www.realistinvestor.com - September 22 at 9:20 AM
finance.yahoo.com logoMulti Billion Dollar Lithium Mining Projects Boosting Gains Fueled by Increased Global Demand (NYSE:ALB)
finance.yahoo.com - September 22 at 9:20 AM
businesswire.com logoGlobal Catalyst Regeneration Market Report 2014-2020 - Analysis, Technologies & Forecasts - Key Vendors: Albemarle Corp, Axens, BASF - Research and Markets (NYSE:ALB)
www.businesswire.com - September 21 at 4:21 PM
realistinvestor.com logoAlbemarle Corporation (NYSE:ALB)’s Accounts Payable Is $253.067 (NYSE:ALB)
www.realistinvestor.com - September 21 at 4:21 PM
News IconAnalysts Valuations For Two Stocks: Albemarle Corporation (NYSE:ALB), ACADIA Pharmaceuticals Inc. (NASDAQ ... - The Voice Registrar (NYSE:ALB)
voiceregistrar.com - September 20 at 3:24 PM
4-traders.com logoAlbemarle : signs agreement for exclusive exploration and acquisition rights to lithium resource in Argentina (NYSE:ALB)
www.4-traders.com - September 15 at 12:18 PM
finance.yahoo.com logoPlatinum portfolio picks: Pro (NYSE:ALB)
finance.yahoo.com - September 14 at 8:59 AM
nasdaq.com logoAlbemarle Corporation (ALB) Ex-Dividend Date Scheduled for September 13, 2016 - Nasdaq (NYSE:ALB)
www.nasdaq.com - September 13 at 8:13 AM
prnewswire.com logoAlbemarle signs agreement for exclusive exploration and acquisition ... - PR Newswire (press release) (NYSE:ALB)
www.prnewswire.com - September 13 at 8:13 AM
publicnow.com logoAlbemarle signs agreement for exclusive exploration and acquisition rights to lithium resource in Argentina (NYSE:ALB)
www.publicnow.com - September 13 at 8:13 AM
News IconStock on the Rise Over the Last Half Year: Albemarle Corporation (NYSE:ALB) - Post News (NYSE:ALB)
www.kentuckypostnews.com - September 11 at 3:24 PM
News IconThe Sell-side Consensus is in on Albemarle Corporation (NYSE:ALB); Earnings & Target Updates (NYSE:ALB)
www.nationaldailypress.com - September 9 at 3:23 PM
forbes.com logoEx-Dividend Reminder: Albemarle, US Silica Holdings and EnCana (NYSE:ALB)
www.forbes.com - September 9 at 10:43 AM
News IconThe Sell-side Consensus is in on Albemarle Corporation (NYSE:ALB); Earnings & Target Updates - National Daily Press (NYSE:ALB)
www.nationaldailypress.com - September 9 at 8:12 AM
capitalcube.com logoAlbemarle Corp. – Value Analysis (NYSE:ALB) : September 8, 2016 (NYSE:ALB)
www.capitalcube.com - September 8 at 11:26 AM
capitalcube.com logoAlbemarle Corp. breached its 50 day moving average in a Bullish Manner : ALB-US : September 7, 2016 (NYSE:ALB)
www.capitalcube.com - September 7 at 12:22 PM
investingnews.com logoNevada Lithium Juniors That Could Be Acquired By Albemarle (NYSE:ALB)
investingnews.com - September 5 at 8:11 AM
investopedia.com logoTop 5 Petrochemical Stocks of 2016 (ALB, CBT) (NYSE:ALB)
www.investopedia.com - September 4 at 3:23 PM
News IconAnalysts Valuations For Two Stocks: Swift Transportation Co (NYSE:SWFT), Albemarle Corporation (NYSE:ALB) - The Voice Registrar (NYSE:ALB)
voiceregistrar.com - September 2 at 3:26 PM
News IconAlbemarle Downtown Development committee pays tribute to Hatley (NYSE:ALB)
www.thesnaponline.com - August 29 at 4:04 PM
News IconAlbemarle Corporation Valuation – August 2016 $ALB (NYSE:ALB)
www.moderngraham.com - August 26 at 11:35 AM
prnewswire.com logoAlbemarle Corporation to present at the KeyBanc Capital Markets Basic ... (NYSE:ALB)
www.prnewswire.com - August 25 at 8:51 PM
finance.yahoo.com logoAlbemarle Corporation to present at the KeyBanc Capital Markets Basic Materials & Packaging Conference … (NYSE:ALB)
finance.yahoo.com - August 25 at 8:51 PM
News IconAlbemarle Corporation to present at the ... (NYSE:ALB)
ih.advfn.com - August 25 at 8:51 PM
publicnow.com logoAlbemarle Corporation to present at the KeyBanc Capital Markets Basic Materials & Packaging Conference on September 13, 2016 (NYSE:ALB)
www.publicnow.com - August 25 at 8:51 PM
finance.yahoo.com logoAlbemarle to Acquire Lithium Salts Production Assets (NYSE:ALB)
finance.yahoo.com - August 25 at 8:12 AM
News IconAlbemarle to acquire lithium salts assets in China (NYSE:ALB)
www.chemweek.com - August 23 at 8:44 PM
prnewswire.com logoAlbemarle signs definitive agreement to acquire lithium salts production assets in Asia - PR Newswire (press release) (NYSE:ALB)
www.prnewswire.com - August 23 at 3:27 PM
streetinsider.com logoAlbemarle (ALB) to Acquire Certain Lithium Assets from Jiangli New Materials (NYSE:ALB)
www.streetinsider.com - August 23 at 8:43 AM
News IconAlbemarle to acquire lithium conversion assets from Chinese partner (NYSE:ALB)
www.indmin.com - August 23 at 8:43 AM
publicnow.com logoAlbemarle signs definitive agreement to acquire lithium salts production assets in Asia (NYSE:ALB)
www.publicnow.com - August 23 at 8:43 AM
feeds.reuters.com logoBRIEF-Albemarle to acquire lithium salts production assets in Asia (NYSE:ALB)
feeds.reuters.com - August 23 at 7:40 AM
News IconSexual Assault Case Delayed for Former Albemarle County Teacher - NBC 29 News (NYSE:ALB)
www.nbc29.com - August 22 at 3:26 PM
forbes.com logoNoteworthy Monday Option Activity: ALB, GGP, COST (NYSE:ALB)
www.forbes.com - August 22 at 2:48 PM
News IconAlbemarle County PD Investigating Fatal Pedestrian Accident at Stonefield - NBC 29 News (NYSE:ALB)
www.nbc29.com - August 22 at 8:12 AM
News IconAlbemarle Co. Cousins Inspired to be First in Family to Graduate College - NBC 29 News (NYSE:ALB)
www.nbc29.com - August 22 at 8:12 AM
prnewswire.com logoAlbemarle Reinforces Its Commitment to Hydroprocessing - PR Newswire (press release) (NYSE:ALB)
www.prnewswire.com - August 19 at 11:50 AM
finance.yahoo.com logo5:34 pm Albemarle reinforces its commitment to hydroprocessing; is ending its alliance with Honeywell (HON (NYSE:ALB)
finance.yahoo.com - August 18 at 8:55 PM
publicnow.com logoAlbemarle Reinforces Its Commitment to Hydroprocessing (NYSE:ALB)
www.publicnow.com - August 18 at 8:55 PM
capitalcube.com logoETF’s with exposure to Albemarle Corp. : August 18, 2016 (NYSE:ALB)
www.capitalcube.com - August 18 at 8:55 PM
capitalcube.com logoAlbemarle Corp. breached its 50 day moving average in a Bearish Manner : ALB-US : August 17, 2016 (NYSE:ALB)
www.capitalcube.com - August 17 at 11:39 AM
stocksdaily.net logoWill Albemarle Corporation (NYSE:ALB) Surprise Analysts This Quarter? (NYSE:ALB)
www.stocksdaily.net - August 15 at 3:28 PM

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Albemarle Corp. (NYSE:ALB) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff