Albemarle Corporation (ALB)
| Market Cap | 17.76B |
| Revenue (ttm) | 3.13B |
| Net Income (ttm) | 375.76M |
| Shares Out | 106.40M |
| EPS (ttm) | 3.52 |
| PE Ratio | 43.60 |
| Forward PE | 41.32 |
| Dividend | $1.54 |
| Dividend Yield | 1.00% |
| Trading Day | February 25 |
| Last Price | $153.48 |
| Previous Close | $160.90 |
| Change ($) | -7.42 |
| Change (%) | -4.61% |
| Day's Open | 161.48 |
| Day's Range | 151.91 - 162.90 |
| Day's Volume | 1,326,347 |
| 52-Week Range | 48.34 - 188.35 |
Shares of the lithium producer declined after it reported earnings, despite a recent warning of what the quarter's results would look like.
Albemarle (ALB) benefits from a recovery in demand following the coronavirus-led slowdown and its cost-saving actions in Q4.
Albemarle (ALB) delivered earnings and revenue surprises of 1.74% and 0.34%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Albemarle Corp, the world's largest lithium producer, reported a lower fourth-quarter profit on Wednesday and forecast a decline in current year earnings as it struggles with lower demand due ...
Shares of Albemarle (NYSE:ALB) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 32.37% year over year to $1.17, which beat the...
CHARLOTTE, N.C., Feb. 17, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 a...
Albemarle Corporation (NYSE: ALB) is poised to benefit from a potential upturn in lithium earnings, according to Deutsche Bank. The Albemarle Analyst: David Begleiter upgraded Albemarle from H...
Albemarle (ALB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
CHARLOTTE, N.C., Feb. 15, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Albemarle CEO Kent Masters has signe...
David Carlson (Trades, Portfolio)'s Elfun Trust sold shares of the following stocks during the fourth quarter, which ended on Dec. 31.
Albemarle (ALB) is likely to have benefited from cost-saving initiatives in Q4. However, weak lithium prices and soft demand in certain markets are likely to have affected performance.
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Albemarle (ALB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ALB #BMW--Lomiko Encouraged by Developments in the North American Battery Materials Supply Chain
Albemarle (ALB) closed at $158.69 in the latest trading session, marking a -1.78% move from the prior day.
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Albemarle (ALB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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CHARLOTTE, N.C., Feb. 3, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced the pricing of a previously announced unde...
Albemarle (ALB) expects adjusted EPS in the range of $1.11-$1.19 for Q4.
In the latest trading session, Albemarle (ALB) closed at $169.25, marking a +1.73% move from the previous day.
Albemarle Corp shares slipped 1.5% in extended trading on Tuesday after the world's largest producer of lithium launched a $1.3 billion share offering to fund its growth plans and pay down debt.
CHARLOTTE, N.C., Feb. 2, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced preliminary results for the fourth quarter...
CHARLOTTE, N.C., Feb. 2, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it has commenced an underwritten publ...
Albemarle hopes to double its lithium production over the next five years. ALB stock appears to have gained on expectations of battery demand.
If you invested in Tesla Inc (NASDAQ:TSLA) one year ago, you would be up by roughly 600%.
VANCOUVER, British-Columbia--(BUSINESS WIRE)---- $ALB #BMW--Lomiko Completes 100% La Loutre Purchase and Sets Targets on Spherical Graphite for Anodes Production Strategy
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Lithium Miners News For The Month Of January 2021
Albemarle (ALB) closed the most recent trading day at $176.92, moving +1.85% from the previous trading session.
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CHARLOTTE, N.C., Jan. 11, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Melissa Anderson has joined the comp...
Albemarle (ALB) to expand production capacity at its Nevada site to meet high demand for domestic lithium supply.
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CHARLOTTE, N.C., Jan. 7, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will expand capacity at the compan...
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Shareholders went on a roller coaster ride in 2020, but by the end it was a pretty phenomenal year.
About ALB
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. The company operates in three segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car ... [Read more...]
| Industry Specialty Chemicals | IPO Date Feb 17, 1994 |
| CEO Jerry Masters | Employees 5,900 |
| Stock Exchange NYSE | Ticker Symbol ALB |
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%.
Analyst Forecasts
According to 22 analysts, the average rating for Albemarle stock is "Hold." The 12-month stock price forecast is 145.97, which is a decrease of -4.89% from the latest price.