What is Scotiabank's Forecast for Albemarle Q2 Earnings?

Albemarle Co. (NYSE:ALB - Free Report) - Analysts at Scotiabank issued their Q2 2025 earnings per share (EPS) estimates for shares of Albemarle in a research note issued to investors on Monday, May 5th. Scotiabank analyst B. Isaacson anticipates that the specialty chemicals company will post earnings of ($0.16) per share for the quarter. Scotiabank has a "Sector Perform" rating and a $65.00 price target on the stock. The consensus estimate for Albemarle's current full-year earnings is ($0.04) per share.

Albemarle (NYSE:ALB - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The specialty chemicals company reported ($0.18) earnings per share for the quarter, topping analysts' consensus estimates of ($0.62) by $0.44. The company had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.18 billion. Albemarle had a negative return on equity of 1.72% and a negative net margin of 21.93%. The business's quarterly revenue was down 20.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 earnings per share.

A number of other equities research analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Albemarle from $109.00 to $105.00 in a research report on Wednesday, February 12th. Clarkson Capital assumed coverage on shares of Albemarle in a research report on Tuesday, January 14th. They issued a "buy" rating and a $112.00 price objective for the company. JPMorgan Chase & Co. decreased their price objective on Albemarle from $80.00 to $60.00 and set a "neutral" rating on the stock in a research report on Tuesday. StockNews.com raised Albemarle to a "sell" rating in a research note on Monday. Finally, UBS Group dropped their price objective on Albemarle from $86.00 to $64.00 and set a "neutral" rating for the company in a report on Monday, April 7th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $92.43.

Albemarle Stock Performance

Shares of ALB traded up $0.49 on Wednesday, reaching $57.93. 2,162,897 shares of the stock traded hands, compared to its average volume of 2,763,102. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of -5.17 and a beta of 1.71. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.95 and a quick ratio of 1.19. The stock's 50-day moving average price is $64.62 and its 200-day moving average price is $82.97. Albemarle has a 12 month low of $49.43 and a 12 month high of $137.50.

Institutional Trading of Albemarle

A number of institutional investors have recently modified their holdings of the company. Assetmark Inc. raised its holdings in shares of Albemarle by 340.6% in the fourth quarter. Assetmark Inc. now owns 304 shares of the specialty chemicals company's stock valued at $26,000 after purchasing an additional 235 shares during the last quarter. Trust Co. of Vermont increased its position in shares of Albemarle by 606.5% during the 4th quarter. Trust Co. of Vermont now owns 325 shares of the specialty chemicals company's stock worth $28,000 after purchasing an additional 279 shares during the last quarter. SJS Investment Consulting Inc. bought a new stake in shares of Albemarle during the 1st quarter worth approximately $32,000. First Community Trust NA boosted its holdings in shares of Albemarle by 55.0% in the 4th quarter. First Community Trust NA now owns 400 shares of the specialty chemicals company's stock valued at $34,000 after buying an additional 142 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in shares of Albemarle in the fourth quarter valued at $34,000. 92.87% of the stock is currently owned by institutional investors.

Albemarle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be paid a $0.405 dividend. This represents a $1.62 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date is Friday, June 13th. Albemarle's payout ratio is presently -14.57%.

Albemarle Company Profile

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.