Sociedad Química y Minera de Chile S.A. (SQM)
Market Cap | 14.06B |
Revenue (ttm) | 10.71B |
Net Income (ttm) | 3.91B |
Shares Out | 272.42M |
EPS (ttm) | 13.68 |
PE Ratio | 6.98 |
Forward PE | 12.72 |
Dividend | $1.98 (4.04%) |
Ex-Dividend Date | Dec 6, 2023 |
Volume | 784,057 |
Open | 49.10 |
Previous Close | 48.49 |
Day's Range | 48.22 - 49.66 |
52-Week Range | 38.50 - 85.03 |
Beta | 1.09 |
Analysts | Buy |
Price Target | 67.80 (+37.92%) |
Earnings Date | May 15, 2024 |
About SQM
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine derivatives, lithium derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polariz... [Read more]
Financial Performance
In 2022, SQM's revenue was $10.71 billion, an increase of 274.19% compared to the previous year's $2.86 billion. Earnings were $3.91 billion, an increase of 567.23%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for SQM stock is "Buy." The 12-month stock price forecast is $67.8, which is an increase of 37.92% from the latest price.
News
Lithium miner SQM posts profit down 82% as lithium prices slide
Chile's SQM , the world's second-largest lithium producer, on Wednesday posted a fourth-quarter net profit down 82% from a year earlier, below forecasts as prices for the key battery metal continued t...
SQM REPORTS EARNINGS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2023
SANTIAGO, Chile , Feb. 28, 2024 /PRNewswire/ -- Highlights SQM reported net income for the twelve months ended December 31, 2023 of US$2,012.7 million compared to US$3,906.3 million for the same peri...
SQM venture arm invests $9.4 mln in UK EV battery recycling firm Altilium
SQM Lithium Ventures has invested $9.4 million in British electric vehicle battery recycler Altilium to help the company scale up its operations, the two firms said on Wednesday.
Slowing EV sales sent lithium prices down almost 40% last year. What's next.
Not long ago, lithium prices were skyrocketing on fears of a supply shortfall, as growth in the electric-vehicle market lifted demand for the metal used in lithium-ion rechargeable batteries.
Chile's SQM Falls In Love With Australia's Wild West
Mines can't migrate but capital can and that appears to be what's happening at SQM, Chile's world-class producer of lithium for electric vehicles (EVs), but also a business with an increasing focus on...
SQM REPORTS EARNINGS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2023
Highlights SQM reported net income for the nine months ended September 30, 2023 of US$1,809.5 million compared to US$2,755.3 million for the same period last year. Earnings per share totaled US$6.33 f...
5 Best Lithium Stocks to Buy Now
Lithium prices have pulled back, but rising demand for electric vehicle batteries could create tailwinds. These top-rated lithium stocks can help investors capitalize on the growth.
SQM REPORTS EARNINGS FOR THE SIX MONTHS ENDED JUNE 30, 2023
Highlights SQM reported net income for the six months ended June 30, 2023 of US$1,330.1 million compared to US$1,655.4 million for the same period last year. Earnings per share totaled US$4.66 for the...
SQM Announces Long-Term Lithium Supply Agreement with Ford Motor Company
SANTIAGO, Chile , May 22, 2023 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) and Ford Motor Company have announced a long-term strate...
SQM REPORTS EARNINGS FOR THE THREE MONTHS ENDED MARCH 31, 2023
Highlights · SQM reported net income(1) for the three months ended March 31, 2023 of US$749.9 million compared to US$796.1 million for the same period the year before. Earnings per share totaled US...
Lithium stocks rebound strongly as fears around Chile's nationalization strategy recede
Last week, President Gabriel Boric of Chile announced the launch of the country's new national lithium strategy to usher in the age of electrification and decarbonization, ensure environmental sustain...
Chile Plans to Nationalize Lithium Production; Miners' Shares Tank
Producers' shares decline; price impact on recently volatile commodity less clear
Lithium Miners Slump as Chile Unveils State-Led Policy
President Gabriel Boric's plan to create a state-owned lithium company comes as Chile faces pressure for more public spending.
Lithium Stocks Are Getting Crushed Again. Here's Why.
Chile plans to nationalize its lithium industry over time. That's a big deal because the country accounts for roughly 30% of the world's supply of lithium raw materials.
SQM REPORTS EARNINGS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2022
Highlights SQM reported net income(1) for the twelve months ended December 31, 2022 of US$3,906.3 million compared to US$585.5 million for the same period the year before. Earnings per share totaled U...
Albemarle, Lithium Stocks Beat the Market for Years. Until Now.
The lithium sector took a dive on a risk off day for the market. Shares of Livent, SQM, and others dropped a lot.
SQM REPORTS EARNINGS FOR THE THIRD QUARTER OF 2022
Highlights SQM reported net income for the nine months ended September 30, 2022 of US$2,755.3 million compared to US$263.9 million for the same period the year before. Earnings per share totaled US$9....
Profits for Chile's SQM surge more than ten fold in third quarter
Chilean miner SQM, the world's No. 2 lithium producer, posted on Wednesday a ten-fold jump in third-quarter net profit compared to the year-ago period, landing at $1.1 billion and boosted by sky-rocke...
Chile has outperformed other emerging markets and the S&P 500 this year. Here's how
For the most part, stocks around the world have taken a beating this year. But there's one corner of the global market that's bucking that trend: Chile.
GE Healthcare Announces Multi-Year Agreement with SQM to Secure Iodine Supply for Contrast Media
CHALFONT ST GILES, England--(BUSINESS WIRE)--GE Healthcare Announces Multi-Year Agreement with SQM, to Secure Supply of Iodine for its Contrast Media Products and Address Future Demand
Chile's SQM expects lithium sales volumes of at least 145,000 tons in 2022
Chile's SQM expects to reach lithium sales volumes of at least 145,000 tons in 2022, according to a presentation of its second quarter results published on Thursday.
SQM REPORTS EARNINGS FOR THE SIX MONTHS ENDED JUNE 30, 2022
Highlights SQM will hold a hybrid Investor Day virtually and at the New York Stock Exchange on September 15, 2022. For more information or to register please visit https://sqm.connectid.cloud/.
SQM REPORTS EARNINGS FOR THE THREE MONTHS ENDED MARCH 31, 2022
Highlights SQM reported net income for the three months ended March 31, 2022 of US$796.1 million, compared to US$68.0 million in same period of 2021. Revenues for the three months ended March 31, 2022...
SQM REPORTS EARNINGS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2021
SANTIAGO, Chile, March 2, 2022 /PRNewswire/ -- Highlights SQM reported net income for the twelve months ended December 31, 2021 of US$585.5 million. Earnings per share totaled US$2.05 for the twelve m...
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 »...