Albemarle Corporation (ALB)
| Market Cap | 27.33B |
| Revenue (ttm) | 3.31B |
| Net Income (ttm) | 212.13M |
| Shares Out | 116.98M |
| EPS (ttm) | 1.87 |
| PE Ratio | 125.23 |
| Forward PE | 47.17 |
| Dividend | $1.56 (0.67%) |
| Ex-Dividend Date | Dec 16, 2021 |
| Volume | 557,164 |
| Open | 232.00 |
| Previous Close | 235.23 |
| Day's Range | 228.93 - 235.88 |
| 52-Week Range | 133.82 - 291.48 |
| Beta | 1.54 |
| Analysts | Buy |
| Price Target | 261.05 (+11.7%) |
| 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
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for Albemarle stock is "Buy." The 12-month stock price forecast is 261.05, which is an increase of 11.72% from the latest price.
News
Rising EV adoption spurs record demand for lithium in 2021
CNBC's Pippa Stevens reports on the rising demand for lithium as electric vehicles grow in popularity. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » S...
Albemarle (ALB) Stock Sinks As Market Gains: What You Should Know
Albemarle (ALB) closed the most recent trading day at $233.67, moving -0.66% from the previous trading session.
Albemarle and 6K Sign Joint Development Agreement to Develop Novel Lithium Battery Materials
CHARLOTTE, N.C. and NORTH ANDOVER, Mass.
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Albemarle (ALB) Hikes Catalyst Unit Prices on Higher Costs
Driven by a global surge in energy and raw materials costs, Albemarle (ALB) decides to increase the prices of Catalyst Products.
Albemarle (ALB) Gains As Market Dips: What You Should Know
Albemarle (ALB) closed the most recent trading day at $236.02, moving +1.13% from the previous trading session.
Why Albemarle Stock Sank in December Despite Record Lithium Prices
Albemarle's growth catalysts remain as strong as ever.
Albemarle Announces Global Price Increase for Catalyst Products
CHARLOTTE, N.C., Jan. 6, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced a price increase for Catalysts global business unit ...
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Albemarle Corporation to Release Fourth-Quarter 2021 Earnings Results on Wednesday, Feb. 16, 2022
CHARLOTTE, N.C., Jan. 4, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its fourth-quarter 2021 earnin...
Albemarle (ALB) Up 39% in 6 Months: What's Driving the Stock?
Albemarle (ALB) benefits from higher lithium prices and volumes, capacity expansion and cost-saving actions.
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Bet on These 3 Stocks to Cash in on Soaring Lithium Prices
Rising demand for lithium and scarce supply are driving the price of the silver-grey metal. Amid the upbeat scenario, stocks like ALB, LAC and LTHM are worth investing in.
4 Lithium Stocks to Power Your Portfolio in 2022
Thanks to the accelerated adoption of green vehicles, demand for lithium is likely to continue escalating. Stay invested in ALB, LAC and LTHM and PLL to capitalize on the robust lithium market.
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When investors sell their stocks at year-end, it has nothing to do with whether they like the company or if they believe a turnaround is coming. Instead, it has everything to do with taxes.
Albemarle (ALB) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Albemarle (ALB) closed at $227.90, marking a +1.19% move from the previous day.
Albemarle unfazed by Chilean election, cites 'unique' lithium contract
Albemarle Corp does not expect its Chilean lithium operations to be affected by President-elect Gabriel Boric's administration due to its long history in the country and "unique" contract to produce the...
3 of the Best Lithium Stocks for 2022 to Buy Now
Lithium stocks are becoming profitable investments as demand surges on the back of the rapid adoption of electric vehicles. The post 3 of the Best Lithium Stocks for 2022 to Buy Now appeared first on In...
Why Lithium Stock Albemarle Tumbled This Week
Albemarle's lofty valuation is making some market players jittery.
Here's Why You Should Buy Albemarle (ALB) Stock Right Now
Albemarle (ALB) gains on higher volumes and prices in its lithium business, productivity initiatives and actions to boost its global lithium derivative capacity.
Is Albemarle (ALB) Outperforming Other Basic Materials Stocks This Year?
Here is how Albemarle (ALB) and Commercial Metals (CMC) have performed compared to their sector so far this year.