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Albemarle Corporation (ALB)

Stock Price: $162.72 USD 9.87 (6.46%)
Updated May 7, 2021 4:00 PM EDT - Market closed
After-hours: $162.75 +0.03 (0.02%) May 7, 7:59 PM
Market Cap 17.84B
Revenue (ttm) 3.22B
Net Income (ttm) 364.24M
Shares Out 112.59M
EPS (ttm) 3.52
PE Ratio 46.23
Forward PE 48.54
Dividend $1.54
Dividend Yield 0.95%
Trading Day May 7
Last Price $162.72
Previous Close $152.85
Change ($) 9.87
Change (%) 6.46%
Day's Open 154.46
Day's Range 154.00 - 163.13
Day's Volume 1,115,906
52-Week Range 55.40 - 187.87

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CHARLOTTE, N.C., May 6, 2021 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Kent Masters, Albemarle CEO, and Scott Tozier, ...

1 day ago - PRNewsWire

What's good (or bad) news for Albemarle is good (or bad) news for all the lithium stocks.

Other stocks mentioned: LAC, LTHM
2 days ago - The Motley Fool

Albemarle (ALB) benefits from higher sales across all of its core segments and cost-savings initiatives in Q1.

2 days ago - Zacks Investment Research

Albemarle (ALB) delivered earnings and revenue surprises of 39.24% and 9.98%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 days ago - Zacks Investment Research

Shares of Albemarle (NYSE:ALB) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 10.00% year over year to $1.10, which beat the estimate of...

2 days ago - Benzinga

Albemarle Corp reported a 12% drop in quarterly profit on Wednesday as weakness in a division that supplies crude oil refineries offset a surge in sales of lithium, a key metal used to make electric veh...

2 days ago - Reuters

CHARLOTTE, N.C., May 5, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the first quarter ended March 31, 2021.

2 days ago - PRNewsWire

CHARLOTTE, N.C., May 4, 2021 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.39 per share.

3 days ago - PRNewsWire

4 Diversified Chemical Stocks Set to Ride the Industry's Upswing

Other stocks mentioned: APD, CBT, DD, DOW, EMN, FMC, LYB ...
4 days ago - Zacks Investment Research

Benefits of Albemarle's (ALB) cost-saving initiatives are expected to get reflected in Q1 results.

5 days ago - Zacks Investment Research

Albemarle (ALB) closed at $168.17 in the latest trading session, marking a +0.33% move from the prior day.

1 week ago - Zacks Investment Research

Battery stocks are a safe way to play the red-hot EV trend since batteries are the main cost-driver for electric vehicles. The post 7 Battery Stocks Powering a Green Road Trip appeared first on Investor...

Other stocks mentioned: GLNCY, PCRFY, QS, RMO, SQM, VALE
1 week ago - InvestorPlace

Investors are optimistic about the company's lithium operations.

1 week ago - The Motley Fool

Albemarle (ALB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

MONTREAL--(BUSINESS WIRE)---- $ALB #Batteries--Lomiko Options Bourier Property from Critical Elements for Lithium Exploration

1 week ago - Business Wire

Albemarle stock, a chemicals company that is also one of the largest lithium producers, has seen its stock rise by about 6% year-to-date to about $160 per share and by about 2.5x over the last 12 months...

1 week ago - Forbes

Final Trades: ORLY, GE, ALB & PSX

YouTube video

The traders offer their final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Brian Kelly, Steve Grasso and James McDonald.

Other stocks mentioned: GE, ORLY, PSX
2 weeks ago - CNBC Television

Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspe...

2 weeks ago - Reuters

Lithium stocks are a great way to play the EV trend because it aims to solve issues of limited battery life and slow charging times. The post 5 Lithium Stocks Supporting the Future of Tech appeared firs...

Other stocks mentioned: ENR, LAC, LTHM, PLL
2 weeks ago - InvestorPlace

CHARLOTTE, N.C., April 22, 2021 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has joined the United Nations (UN) Global...

2 weeks ago - PRNewsWire

ARKAY vs. ALB: Which Stock Is the Better Value Option?

3 weeks ago - Zacks Investment Research

Don't count on lithium company Albemarle Corporation (NYSE: ALB) returning to its recent highs anytime soon: significant resistance has formed in the market. Resistance is a significant number of seller...

3 weeks ago - Benzinga

Our indicative theme of Electric Vehicle Component Supplier Stocks - which includes stocks of companies that make EV components and raw materials for batteries - has fared reasonably well in recent week...

Other stocks mentioned: BWA
3 weeks ago - Forbes

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.

4 weeks ago - Zacks Investment Research

CHARLOTTE, N.C., April 7, 2021 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its first-quarter 2021 earnin...

1 month ago - PRNewsWire

So what did the stock market do today? Investors bid up ACY stock after its bankruptcy filing and searched for clean energy stocks winners.

Other stocks mentioned: LTHM, UEC
1 month ago - InvestorPlace

Lithium stocks got a boost on Thursday following the release of President Joe Biden's plans to upgrade the U.S.'s infrastructure. The post Lithium Stocks: Why Shares of LTHM, ALB and SQM Are Looking Str...

Other stocks mentioned: CREE, LTHM, SQM, SUNW, UEC
1 month ago - InvestorPlace

Lithium stocks are a hot commodity as the EV revolution continues to develop. And that makes these seven picks worth considering.

Other stocks mentioned: FMC, GALXF, LTHM, NEE, NGLOY, RMO
1 month ago - InvestorPlace

VANCOUVER, BC / ACCESSWIRE / March 31, 2021 / Scotch Creek Ventures Inc. (the "Company") (CSE:SCV)(FSE:7S2) ("Scotch Creek" or the "Company") is pleased to announce the expansion of its Highlands West p...

1 month ago - Accesswire

These quantum glass stocks are the frontrunners in the emerging solid-state battery industry which could revolutionize the EV industry The post 3 Quantum Glass Stocks You Should Know to Diversify Your E...

Other stocks mentioned: PCRFY, QS
1 month ago - InvestorPlace

Investors are most likely to see upward moves in battery stocks in the coming months due to soaring risk appetite for EV-related businesses. The post 7 of the Hottest Battery Stocks That Electric Vehicl...

Other stocks mentioned: GLNCY, PCRFY, QS, RMO, SQM, VALE
1 month ago - InvestorPlace

With 2021 and beyond shaping up to be a pivotal year for electric vehicles, keeping an eye on stocks like Tesla (TSLA), General Motors (GM), Toyota Motor (TM), Albemarle (ALB) & Xcel Energy (XEL) seems ...

Other stocks mentioned: GM, TM, TSLA, XEL
1 month ago - Zacks Investment Research

Our indicative theme of Electric Vehicle Component Supplier Stocks - which includes stocks of companies that make EV components and raw materials for batteries - is up by about 4% year to date, roughly ...

Other stocks mentioned: APH, TEL
1 month ago - Forbes

Albemarle (ALB) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

When looking for potential investment options, I always consider the company's leadership position within the sector that it operates. Companies that have the top spot in its area of business stand out ...

1 month ago - GuruFocus

CHARLOTTE, N.C., March 15, 2021 /PRNewswire/ -- Albemarle Corporation (the "Company") (NYSE: ALB) today announced the upsize and early results of the previously announced cash tender offers by the Compa...

1 month ago - PRNewsWire

U.S. m arkets

Other stocks mentioned: BA, CCL, F, LB, LEN, LUV, NOW ...
1 month ago - GuruFocus

CHARLOTTE, N.C., March 12, 2021 /PRNewswire/ -- Albemarle Corporation (the "Company") (NYSE: ALB) today announced the pricing of the previously announced cash tender offers by the Company and two of its...

1 month ago - PRNewsWire

HUN vs. ALB: Which Stock Is the Better Value Option?

Other stocks mentioned: HUN
1 month ago - Zacks Investment Research

CHARLOTTE, N.C., March 4, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Eric Norris, President, Lithium, will present ...

2 months ago - PRNewsWire

The Electric Vehicle market is starting to register some huge growth estimates among analyst and research firms that sell intel to investment managers. For family offices, hedge funds, private equity ma...

Other stocks mentioned: QS, RMO, KULR
2 months ago - OTC PR Wire

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ALB #BMW--Lomiko Renames Untested Zone the 'EV' Zone

2 months ago - Business Wire

Albemarle's (ALB) sale of its Fine Chemistry Services business reflects on its commitment to refine its portfolio.

Other stocks mentioned: GRA
2 months ago - Zacks Investment Research

The Elfun Trusts (Trades, Portfolio) disclosed its fourth-quarter portfolio in February.

Other stocks mentioned: AMAT, APD, COP, CVX, QCOM, ROST
2 months ago - GuruFocus

Our indicative theme of Electric Vehicle Component Supplier Stocks - which includes stocks of companies that make EV components and raw materials for batteries - has outperformed rising by 8.3% year-to-...

Other stocks mentioned: APTV
2 months ago - Forbes

The market is getting excited about the company's exposure to the electric vehicle market via its lithium operations.

2 months ago - The Motley Fool

CHARLOTTE, N.C., Feb. 25, 2021 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.39 per share. The dividend, which has...

2 months ago - PRNewsWire

CHARLOTTE, N.C., Feb. 25, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it has signed a definitive agreement to sell i...

2 months ago - PRNewsWire

The Electric Vehicle theme has been at the heart of the bull market we have seen in stocks over the past 10 months, and for good reason. Tesla's remarkable success in scaling production with margins and...

Other stocks mentioned: BYDDF, QS
2 months ago - OTC PR Wire

HUN vs. ALB: Which Stock Is the Better Value Option?

Other stocks mentioned: HUN
2 months ago - Zacks Investment Research

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... [Read more...]

Industry
Specialty Chemicals
IPO Date
Feb 17, 1994
CEO
Jerry Masters
Employees
5,900
Stock Exchange
NYSE
Ticker Symbol
ALB
Full Company Profile

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 Statements

Analyst Forecasts

According to 22 analysts, the average rating for Albemarle stock is "Hold." The 12-month stock price forecast is 153.72, which is a decrease of -5.53% from the latest price.

Price Target
$153.72
(-5.53% downside)
Analyst Consensus: Hold