Albemarle Corporation (ALB)
| 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 |
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, ...
What's good (or bad) news for Albemarle is good (or bad) news for all the lithium stocks.
Albemarle (ALB) benefits from higher sales across all of its core segments and cost-savings initiatives in Q1.
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?
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...
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...
CHARLOTTE, N.C., May 5, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the first quarter ended March 31, 2021.
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.
Benefits of Albemarle's (ALB) cost-saving initiatives are expected to get reflected in Q1 results.
Albemarle (ALB) closed at $168.17 in the latest trading session, marking a +0.33% move from the prior day.
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...
Investors are optimistic about the company's lithium operations.
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.
MONTREAL--(BUSINESS WIRE)---- $ALB #Batteries--Lomiko Options Bourier Property from Critical Elements for Lithium Exploration
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...
Final Trades: ORLY, GE, ALB & PSX
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.
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...
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...
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...
ARKAY vs. ALB: Which Stock Is the Better Value Option?
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...
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...
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.
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...
So what did the stock market do today? Investors bid up ACY stock after its bankruptcy filing and searched for clean energy stocks winners.
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...
Lithium stocks are a hot commodity as the EV revolution continues to develop. And that makes these seven picks worth considering.
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...
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...
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...
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 ...
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 ...
Albemarle (ALB) reported earnings 30 days ago. What's next for the stock?
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 ...
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...
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...
HUN vs. ALB: Which Stock Is the Better Value Option?
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 ...
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...
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ALB #BMW--Lomiko Renames Untested Zone the 'EV' Zone
Albemarle's (ALB) sale of its Fine Chemistry Services business reflects on its commitment to refine its portfolio.
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-...
The market is getting excited about the company's exposure to the electric vehicle market via its lithium operations.
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...
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...
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...
HUN vs. ALB: Which Stock Is the Better Value Option?
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 |
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 153.72, which is a decrease of -5.53% from the latest price.