Albemarle Corporation (ALB)
| Market Cap | 26.88B |
| Revenue (ttm) | 3.23B |
| Net Income (ttm) | 703.21M |
| Shares Out | 116.81M |
| EPS (ttm) | 6.33 |
| PE Ratio | 35.99 |
| Forward PE | 45.25 |
| Dividend | $1.55 (0.68%) |
| Ex-Dividend Date | Sep 16, 2021 |
| Volume | 367,107 |
| Open | 227.47 |
| Previous Close | 229.15 |
| Day's Range | 224.72 - 229.67 |
| 52-Week Range | 81.79 - 252.67 |
| Beta | 1.58 |
| Analysts | Hold |
| Price Target | 229.81 (+1.0%) |
| Est. Earnings Date | Nov 3, 2021 |
About ALB
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bot...
Financial Performance
In 2020, Albemarle's revenue was $3.13 billion, a decrease of -12.83% compared to the previous year's $3.59 billion. Earnings were $375.76 million, a decrease of -29.53%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for Albemarle stock is "Hold." The 12-month stock price forecast is 229.81, which is an increase of 0.95% from the latest price.
News
Albemarle Corporation to Release Third-Quarter 2021 Earnings Results on Wednesday, Nov. 3, 2021
CHARLOTTE, N.C., Sept. 21, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its third-quarter 2021 earnin...
Why This Albemarle Analyst Is Lifting Their Price Target
Albemarle Corporation (NYSE:ALB) will benefit as electric vehicle production growth accelerates, according to a RBC Capital Markets analyst. The Albemarle Analyst: Arun Viswanathan maintained a Perform...
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Bourier Lithium Project Update: Lomiko Metals and Critical Elements Report Discoveries and Identify Lithium Targets f...
MONTREAL--(BUSINESS WIRE)---- $ALB #Cobalt--Gold Spot and Critical Elements Uses AI to Identify Significant Lithium Targets at Lomiko's Bourier Project
ALB Stock: Why Albemarle and Other Lithium Stocks Are Slipping Today
Today, shares of Albermarle and ALB stock are more than 6% lower as the company battles various union-related concerns. The post ALB Stock: Why Albemarle and Other Lithium Stocks Are Slipping Today appe...
Union at Albemarle Atacama plant rejects new contract offer, strike continues
A Chilean union at Albemarle Corp, the world's top lithium producer, said on Monday it had rejected the company's latest labor contract offer, leaving workers to continue a walk off that has extended fo...
Albemarle expects up to 35% EBITDA growth in 2022 on strong lithium demand
(Kitco News) - The company's full-year 2022 adjusted EBITDA is expected to be up 25% to 35% versus 2021 primarily due to higher pricing and volumes for lithium.
Albemarle to Provide Strategic Update at Investor Day
CHARLOTTE, N.C., Sept. 10, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, will host its 2021 Investor Day event today at 8:30 a.m.
Lomiko Metals Inc. Launches New Bilingual Web Site to Communicate with Investors and Stakeholders on Positive PEA for...
MONTREAL--(BUSINESS WIRE)---- $ALB #Cobalt--Lomiko Metals launches new www.lomiko.com web site and reviews PEA highlights.
Why Is Albemarle (ALB) Up 11.6% Since Last Earnings Report?
Albemarle (ALB) reported earnings 30 days ago. What's next for the stock?
Albemarle Begins Third-Party Audit in Chile Using IRMA's Standard for Responsible Mining
CHARLOTTE, N.C., Sept. 2, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry and in lithium extraction and production, announced today that it ha...
Lithium Stocks: Is a Big Boost Coming for ‘New Oil' Plays ALB, LAC and LTHM?
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Lomiko Retains Hemmera for Environmental Base-line Studies and Bridge © for Community Consultation Meetings on La Lou...
MONTREAL--(BUSINESS WIRE)---- $ALB #Cobalt--Lomiko Hires Hemmera for Environmental Baseline and Bridge for Community Relations
Analyst Says Lithium Stocks Pricing In 'Unreasonable Growth'
Lithium prices have been red hot, sparking big rallies in Albemarle Corporation (NYSE:ALB) and Livent Corp (NYSE:LTHM) in the past year. Prices have started to stabilize as of late and one analyst said ...
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DOW vs. ALB: Which Stock Is the Better Value Option?
DOW vs. ALB: Which Stock Is the Better Value Option?
Albemarle (ALB) Earnings Surpass Estimates in Q2, Sales Lag
Albemarle (ALB) benefits from higher sales from its Lithium and Bromine business segments in the second quarter.
Albemarle (ALB) Q2 Earnings Top Estimates
Albemarle (ALB) delivered earnings and revenue surprises of 7.23% and -1.68%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Albemarle net income jumps 396% in Q2 on one-time sale gain
(Kitco News) - The company said its net income was $424.6 million in Q2 2021, or $3.62 per diluted share, which increased by $339.0 million or 396% over Q2 2020.
Albemarle: Q2 Earnings Insights
Shares of Albemarle (NYSE:ALB) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 3.49% year over year to $0.89, which beat the estimat...
Albemarle Reports Second-Quarter Results
CHARLOTTE, N.C., Aug. 4, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the second quarter ended June 30, 2021.
Why Shares of Albemarle Jumped 22% in July
Wall Street had nice things to say about this lithium stock, and investors were listening.
Up 8% Last Week, Will Albemarle Stock Continue To Rally?
Albemarle stock, a chemicals company that is also one of the largest producers of lithium - a key raw material for electric vehicle batteries - has seen its stock rise by about 8% over the last week (fi...
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