Albemarle Corporation (ALB)

NYSE: ALB · IEX Real-Time Price · USD
233.67
-1.56 (-0.66%)
At close: Jan 14, 2022 4:00 PM
235.00
1.33 (0.57%)
After-hours:Jan 14, 2022 7:59 PM EST
Market Cap27.33B
Revenue (ttm)3.31B
Net Income (ttm)212.13M
Shares Out116.98M
EPS (ttm)1.87
PE Ratio125.23
Forward PE47.17
Dividend$1.56 (0.67%)
Ex-Dividend DateDec 16, 2021
Volume557,164
Open232.00
Previous Close235.23
Day's Range228.93 - 235.88
52-Week Range133.82 - 291.48
Beta1.54
AnalystsBuy
Price Target261.05 (+11.7%)
Earnings DateNov 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...

IndustryChemicals
IPO DateFeb 17, 1994
CEOJerry Masters
Employees5,900
Stock ExchangeNYSE
Ticker SymbolALB
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$261.05
(11.72% upside)
Analyst Consensus: Buy

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...

Other symbols:LTHMSQM
2 days ago - CNBC Television

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.

2 days ago - Zacks Investment Research

Albemarle and 6K Sign Joint Development Agreement to Develop Novel Lithium Battery Materials

CHARLOTTE, N.C. and NORTH ANDOVER, Mass.

3 days ago - PRNewsWire

Top 5 Momentum Picks for January Despite Market Volatility

We have narrowed our search to five large-cap (market capital > $10 billion) momentum stocks that have solid upside left for 2022. These are: XOM, ALB, SCHW, STM and IBKR.

Other symbols:IBKRSCHWSTMXOM
3 days ago - Zacks Investment Research

Best Momentum Stocks to Buy for January 12th

XOM, ALB, and STM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 12, 2022

Other symbols:STMXOM
4 days ago - Zacks Investment Research

Is Albemarle (ALB) Stock Outpacing Its Basic Materials Peers This Year?

Here is how Albemarle (ALB) and Livent (LTHM) have performed compared to their sector so far this year.

4 days ago - Zacks Investment Research

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.

6 days ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

Why Albemarle Stock Sank in December Despite Record Lithium Prices

Albemarle's growth catalysts remain as strong as ever.

1 week ago - The Motley Fool

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 ...

1 week ago - PRNewsWire

3 Battery Stocks to Watch for Breakthroughs in 2022

Battery stocks are needle-movers for the massive EV revolution for 2022 with Nio, QuantumScape, and Albemarle at the forefront. The post 3 Battery Stocks to Watch for Breakthroughs in 2022 appeared firs...

Other symbols:NIOQS
1 week ago - InvestorPlace

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...

1 week ago - PRNewsWire

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.

1 week ago - Zacks Investment Research

Renewable Energy Stocks Had A Mixed 2021. Will 2022 Be Better?

Our theme on Renewable Energy Stocks – which includes U.S.-based solar panel manufacturers, lithium miners, and hydrogen fuel cell producers – had a relatively tough 2021, declining by about 5% over the...

Other symbols:BEENPHFSLRNEERUN
1 week ago - Forbes

Sell EV Makers And Buy Supplier Stocks In 2022?

Our theme of Electric Vehicle Supplier Stocks has fared well rising by about 34% in 2021, outperforming the S&P 500 which was up by about 27% over the same period. The theme also remains up by about 105...

Other symbols:APHAPTVBWATEL
1 week ago - Forbes

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.

Other symbols:LACLTHM
2 weeks ago - Zacks Investment Research

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.

Other symbols:LACLTHMPLL
2 weeks ago - Zacks Investment Research

How battery stocks could benefit from shifts in the electric vehicle industry

CNBC's Pippa Stevens reports on how companies like Rivian prioritizing bigger batteries could benefit battery stocks.

Other symbols:LTHMSQM
2 weeks ago - CNBC Television

These 10 Stocks Could Be the Market's Biggest Winners in January

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.

2 weeks ago - InvestorPlace

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.

3 weeks ago - Zacks Investment Research

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 weeks ago - Reuters

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...

Other symbols:LACLTHM
3 weeks ago - InvestorPlace

Why Lithium Stock Albemarle Tumbled This Week

Albemarle's lofty valuation is making some market players jittery.

4 weeks ago - The Motley Fool

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.

4 weeks ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research