W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. It operates through two segments, Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment offers fluid catalytic cracking (FCC) catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and petrochemicals; FCC additives; and methanol-to-olefins catalysts for the conversion of methanol into petrochemical feeds, including ethylene and propylene. This segment also provides hydro processing catalysts used in process reactors to upgrade heavy oils into lighter products; polyolefin catalysts and chemical catalyst supports for the production of polypropylene and polyethylene thermoplastic resins; and chemical catalysts, as well as gas-phase polypropylene process technology to manufacture polypropylene products. The Grace Materials Technologies segment offers silica-based and silica-alumina-based materials for use in coatings, consumer, pharmaceutical, and chemical process. W. R. Grace & Co. was founded in 1854 and is headquartered in Columbia, Maryland.
Industry, Sector and Symbol
Industry Chemicals & allied products
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
Phone410-531-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.93 billion
Profitability
Miscellaneous
Employees3,900
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable
W. R. Grace & Co (NYSE:GRA) Frequently Asked Questions
What is W. R. Grace & Co's stock symbol?
W. R. Grace & Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "GRA."
How often does W. R. Grace & Co pay dividends? What is the dividend yield for W. R. Grace & Co?
W. R. Grace & Co announced a quarterly dividend on Thursday, February 7th. Investors of record on Thursday, February 28th will be paid a dividend of $0.27 per share on Thursday, March 21st. This represents a $1.08 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Wednesday, February 27th. This is a positive change from W. R. Grace & Co's previous quarterly dividend of $0.24. View W. R. Grace & Co's Dividend History.
How will W. R. Grace & Co's stock buyback program work?
W. R. Grace & Co declared that its board has authorized a stock buyback program on Saturday, April 8th 2017, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.
How were W. R. Grace & Co's earnings last quarter?
W. R. Grace & Co (NYSE:GRA) released its earnings results on Thursday, February, 7th. The specialty chemicals company reported $1.14 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.03 by $0.11. The specialty chemicals company had revenue of $520 million for the quarter, compared to analysts' expectations of $498.24 million. W. R. Grace & Co had a return on equity of 95.91% and a net margin of 8.67%. The firm's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.98 earnings per share. View W. R. Grace & Co's Earnings History.
When is W. R. Grace & Co's next earnings date?
What guidance has W. R. Grace & Co issued on next quarter's earnings?
W. R. Grace & Co issued an update on its FY19 earnings guidance on Thursday, February, 7th. The company provided EPS guidance of $4.53-4.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.49. The company issued revenue guidance of $2.048-2067.3 billion, compared to the consensus revenue estimate of $2.02 billion.W. R. Grace & Co also updated its FY 2019 guidance to $4.53-4.63 EPS.
What price target have analysts set for GRA?
10 brokers have issued 1-year price objectives for W. R. Grace & Co's stock. Their predictions range from $70.00 to $95.00. On average, they expect W. R. Grace & Co's stock price to reach $84.6667 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for W. R. Grace & Co.
What is the consensus analysts' recommendation for W. R. Grace & Co?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W. R. Grace & Co in the last year. There are currently 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for W. R. Grace & Co.
Has W. R. Grace & Co been receiving favorable news coverage?
News coverage about GRA stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. W. R. Grace & Co earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
Who are some of W. R. Grace & Co's key competitors?
Some companies that are related to W. R. Grace & Co include Koninklijke DSM (RDSMY), ASAHI KASEI COR/ADR (AHKSY), FMC (FMC), Johnson Matthey (JMPLY), Chemours (CC), Huntsman (HUN), Ashland Global (ASH), KURARAY CO LTD/ADR (KURRY), Ingevity (NGVT), Olin (OLN), Univar (UNVR), Balchem (BCPC), GCP Applied Technologies (GCP), PQ Group (PQG) and Innospec (IOSP).
What other stocks do shareholders of W. R. Grace & Co own?
Who are W. R. Grace & Co's key executives?
W. R. Grace & Co's management team includes the folowing people:
- Mr. Hudson La Force III, CEO, Pres, COO & Director (Age 54)
- Mr. Mark A. Shelnitz, Sr. VP, Gen. Counsel & Sec. (Age 60)
- Ms. Elizabeth C. Brown, Sr. VP & Chief HR Officer (Age 55)
- Mr. William C. Dockman, Interim CFO, Chief Accounting Officer, VP & Controller (Age 59)
- Mr. Jeremy F. Rohen, VP, Corp. Devel. & Investor Relations
Who are W. R. Grace & Co's major shareholders?
W. R. Grace & Co's stock is owned by a number of of retail and institutional investors. Top institutional investors include Iridian Asset Management LLC CT (4.33%), Norges Bank (1.26%), Geode Capital Management LLC (0.93%), Geode Capital Management LLC (0.93%), Tocqueville Asset Management L.P. (0.68%) and Bank of New York Mellon Corp (0.49%). Company insiders that own W. R. Grace & Co stock include Alfred E Festa, Elizabeth C Brown, Mark A Shelnitz, North Latitude Fund Lp 40, North Latitude Master Fund 40, Thomas E Blaser and William C Dockman. View Institutional Ownership Trends for W. R. Grace & Co.
Which institutional investors are selling W. R. Grace & Co stock?
GRA stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Bank of New York Mellon Corp, Nomura Holdings Inc., California Public Employees Retirement System, Public Employees Retirement System of Ohio, Rhumbline Advisers, Private Trust Co. NA and Oakbrook Investments LLC. View Insider Buying and Selling for W. R. Grace & Co.
Which institutional investors are buying W. R. Grace & Co stock?
GRA stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Iridian Asset Management LLC CT, Diamond Hill Capital Management Inc., Canada Pension Plan Investment Board, Geode Capital Management LLC, Geode Capital Management LLC, New York State Common Retirement Fund and Amalgamated Bank. Company insiders that have bought W. R. Grace & Co stock in the last two years include Alfred E Festa, Elizabeth C Brown, North Latitude Fund Lp 40, North Latitude Master Fund 40 and Thomas E Blaser. View Insider Buying and Selling for W. R. Grace & Co.
How do I buy shares of W. R. Grace & Co?
Shares of GRA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is W. R. Grace & Co's stock price today?
One share of GRA stock can currently be purchased for approximately $76.64.
How big of a company is W. R. Grace & Co?
W. R. Grace & Co has a market capitalization of $5.11 billion and generates $1.93 billion in revenue each year. The specialty chemicals company earns $167.60 million in net income (profit) each year or $4.14 on an earnings per share basis. W. R. Grace & Co employs 3,900 workers across the globe.
What is W. R. Grace & Co's official website?
How can I contact W. R. Grace & Co?
W. R. Grace & Co's mailing address is 7500 GRACE DRIVE, COLUMBIA MD, 21044. The specialty chemicals company can be reached via phone at 410-531-4000 or via email at [email protected]
MarketBeat Community Rating for W. R. Grace & Co (NYSE GRA)
MarketBeat's community ratings are surveys of what our community members think about W. R. Grace & Co and other stocks. Vote "Outperform" if you believe GRA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GRA will underperform the S&P 500 over the long term. You may vote once every thirty days.
