Albemarle Company Profile (NYSE:ALB)

About Albemarle (NYSE:ALB)

Albemarle logoAlbemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. Lithium and Advanced Materials segment consist of two product categories: Lithium and Performance Catalyst Solutions. The bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Company serves various end markets, including petroleum refining, consumer electronics, energy storage, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services. As of December 31, 2016, the Company and its joint ventures operated 31 production and research and development (R&D) facilities, as well as a number of administrative and sales offices, around the world.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Specialty Chemicals
  • Symbol: NYSE:ALB
  • CUSIP: 01265310
  • Web:
  • Market Cap: $12.5 billion
  • Outstanding Shares: 110,752,000
Average Prices:
  • 50 Day Moving Avg: $108.53
  • 200 Day Moving Avg: $97.30
  • 52 Week Range: $74.86 - $113.70
  • Trailing P/E Ratio: 27.43
  • Foreward P/E Ratio: 22.44
  • P/E Growth: 2.84
Sales & Book Value:
  • Annual Revenue: $2.74 billion
  • Price / Sales: 4.56
  • Book Value: $32.85 per share
  • Price / Book: 3.44
  • Annual Dividend: $1.22
  • Dividend Yield: 1.2%
  • EBIDTA: $724.01 million
  • Net Margins: 6.92%
  • Return on Equity: 14.38%
  • Return on Assets: 5.27%
  • Debt-to-Equity Ratio: 0.88%
  • Current Ratio: 1.45%
  • Quick Ratio: 0.98%
  • Average Volume: 1.03 million shs.
  • Beta: 1.41
  • Short Ratio: 3.39

Frequently Asked Questions for Albemarle (NYSE:ALB)

What is Albemarle's stock symbol?

Albemarle trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALB."

How often does Albemarle pay dividends? What is the dividend yield for Albemarle?

Albemarle declared a quarterly dividend on Thursday, May 11th. Investors of record on Thursday, June 15th will be given a dividend of $0.32 per share on Monday, July 3rd. This represents a $1.28 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, June 13th. View Albemarle's Dividend History.

How were Albemarle's earnings last quarter?

Albemarle Co. (NYSE:ALB) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $1.05 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.95 by $0.10. The firm had revenue of $722.06 million for the quarter, compared to analyst estimates of $678.74 million. Albemarle had a return on equity of 14.38% and a net margin of 6.92%. View Albemarle's Earnings History.

When will Albemarle make its next earnings announcement?

Albemarle is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Albemarle.

What guidance has Albemarle issued on next quarter's earnings?

Albemarle updated its FY17 earnings guidance on Monday, February, 27th. The company provided earnings per share (EPS) guidance of $4.00-4.25 for the period, compared to the Thomson Reuters consensus estimate of $4.10. The company issued revenue guidance of $2.80-2.95 billion, compared to the consensus revenue estimate of $2.78 billion.

Where is Albemarle's stock going? Where will Albemarle's stock price be in 2017?

10 brokerages have issued 1 year price objectives for Albemarle's stock. Their predictions range from $72.00 to $136.00. On average, they anticipate Albemarle's share price to reach $112.60 in the next year. View Analyst Ratings for Albemarle.

What are analysts saying about Albemarle stock?

Here are some recent quotes from research analysts about Albemarle stock:

  • 1. According to Zacks Investment Research, "Estimates for Albemarle for first-quarter 2017 have been stable of late. The company has outperformed the Zacks categorized Chemicals-Diversified industry over a year.  Albemarle sees strong growth in 2017, supported by its strategic initiatives. The company remains focused on strengthening its lithium business. It is well placed to leverage strong expected growth in the battery-grade lithium market. Albemarle is also divesting non-core assets to boost growth opportunities and focus on its key businesses. It should also gain from the synergies of Rockwood Holdings acquisition. The company also remains committed to deliver incremental returns to shareholders, leveraging healthy cash flows. However, Albemarle faces headwinds associated with higher expected operational costs and higher tax rate in 2017. The company’s stretched valuation is another concern." (4/24/2017)
  • 2. Robert W. Baird analysts commented, "ALB introduced long-term revenue and EBITDA targets displaying strong lithium growth, and raised lithium market growth expectations given increasing electric vehicle and battery demand. Additionally, ALB remains well positioned in its catalyst and bromine businesses, which should provide cash flow for investment in expanded lithium production. We are confident in ALB's ability to ramp lithium production, and believe ALB is the best option to play a multiyear lithium growth cycle given ALB's resources and technical expertise. We remain buyers." (3/17/2017)
  • 3. Instinet analysts commented, "We see 4Q as confirmation of ALB's significant leverage to rising lithium pricing, with a majority of 30% q-q EBITDA growth in the segment attributed to price. Price will remain an important contributor in 2017 (+10- 15%) based on contracts already locked for 80% of the business. We do not expect price to be a major source of upside to expectations until 2018+. However, with Li contracts now accounting for three to five years of production, volume ramp is being de-risked as well. Management is now looking to extend contract duration to six to seven years where possible. We do not suggest that EBITDA is riskless, but we would argue that ALB's Lithium business now has a high degree of protection vs. a short-term supply/demand disruption. Ultimately, we believe Li demand will surprise to the upside over next 2-3 years. However, ALB has reasonable protection in case of S/D hiccups, such as major slowdown in the China EV market or new supply hitting the market sooner than expected. We raise our target price to $118 from $102. FY17E EPS at $4.20; FY18E EPS at $4.43." (3/1/2017)

Who are some of Albemarle's key competitors?

Who owns Albemarle stock?

Albemarle's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (0.00%), BlackRock Inc. (0.00%), State Street Corp (5.74%), Jennison Associates LLC (5.07%), FMR LLC (0.00%) and Iridian Asset Management LLC CT (0.00%). Company insiders that own Albemarle stock include Donald J Jr Labauve, John Sherman Jr, Karen G Narwold, Luther C Iv Kissam, Matthew Juneau and Scott Tozier. View Institutional Ownership Trends for Albemarle.

Who sold Albemarle stock? Who is selling Albemarle stock?

Albemarle's stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Egerton Capital UK LLP, Teachers Advisors LLC, Ameriprise Financial Inc., Point72 Asia Singapore Pte. Ltd., Janus Capital Management LLC, First Eagle Investment Management LLC and Point72 Asset Management L.P.. Company insiders that have sold Albemarle stock in the last year include John Sherman Jr, Karen G Narwold, Luther C Iv Kissam and Scott Tozier. View Insider Buying and Selling for Albemarle.

Who bought Albemarle stock? Who is buying Albemarle stock?

Albemarle's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Jennison Associates LLC, KAMES CAPITAL plc, Barings LLC, Barometer Capital Management Inc., WINTON GROUP Ltd and Gotham Asset Management LLC. View Insider Buying and Selling for Albemarle.

How do I buy Albemarle stock?

Shares of Albemarle can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Albemarle stock cost?

One share of Albemarle stock can currently be purchased for approximately $112.86.

Analyst Ratings

Consensus Ratings for Albemarle (NYSE:ALB) (?)
Ratings Breakdown: 2 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.90)
Consensus Price Target: $112.60 (0.23% downside)

Analysts' Ratings History for Albemarle (NYSE:ALB)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017Morgan StanleyLower Price TargetEqual Weight$100.00 -> $72.00LowView Rating Details
5/15/2017Royal Bank of CanadaBoost Price TargetOutperform$132.00 -> $136.00N/AView Rating Details
5/15/2017NomuraReiterated RatingBuy$124.00N/AView Rating Details
4/9/2017Robert W. BairdReiterated RatingOutperform$125.00LowView Rating Details
4/4/2017Jefferies Group LLCReiterated RatingBuy$120.00LowView Rating Details
3/6/2017Citigroup IncDowngradeBuy -> Neutral$104.77 -> $112.00N/AView Rating Details
3/1/2017InstinetBoost Price TargetBuy$102.00 -> $118.00N/AView Rating Details
2/17/2017AegisInitiated CoverageBuy$108.00N/AView Rating Details
1/12/2017Goldman Sachs Group IncReiterated RatingConviction-Buy$116.00N/AView Rating Details
8/24/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
5/12/2016SunTrust Banks, Inc.Boost Price TargetBuy$62.00 -> $85.00N/AView Rating Details
4/17/2016KeyCorpReiterated RatingBuyN/AView Rating Details
3/10/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$59.00N/AView Rating Details
2/23/2016JPMorgan Chase & Co.Boost Price TargetNeutral$50.00 -> $52.00N/AView Rating Details
8/19/2015MacquarieLower Price TargetOutperform$72.00 -> $63.00N/AView Rating Details
7/8/2015BB&T Co.Initiated CoverageBuy$72.00N/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Albemarle (NYSE:ALB)
Earnings by Quarter for Albemarle (NYSE:ALB)
Earnings History by Quarter for Albemarle (NYSE:ALB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.95$1.05$678.74 million$722.06 millionViewListenView Earnings Details
2/27/2017Q416$0.73$0.78$642.68 million$696.70 millionViewListenView Earnings Details
11/7/2016Q316$0.81$0.91$645.81 million$654.00 millionViewListenView Earnings Details
8/3/2016Q216$1.00$1.09$860.40 million$669.30 millionViewListenView Earnings Details
5/10/2016Q116$0.86$1.12$821.64 million$865.40 millionViewListenView Earnings Details
2/17/2016Q415$0.83$1.03$891.88 million$930.40 millionViewListenView Earnings Details
11/4/2015Q315$0.89$0.90$950.25 million$905.10 millionViewListenView Earnings Details
8/5/2015Q215$0.82$0.84$940.65 million$931.50 millionViewListenView Earnings Details
5/6/2015Q115$0.71$1.17$913.20 million$884.40 millionViewListenView Earnings Details
1/28/2015Q414$1.01$0.99$638.76 million$598.00 millionViewListenView Earnings Details
10/22/2014Q314$1.02$1.14$617.70 million$642.40 millionViewListenView Earnings Details
7/30/2014Q214$1.09$1.10$646.75 million$604.70 millionViewListenView Earnings Details
4/16/2014Q114$0.95$0.96$655.87 million$656.70 millionViewListenView Earnings Details
1/29/2014Q413$1.21$1.08$688.58 million$692.00 millionViewListenView Earnings Details
10/17/2013Q313$1.08$1.09$655.97 million$648.80 millionViewListenView Earnings Details
7/17/2013Q2 2013$0.98$0.97$654.31 million$634.20 millionViewListenView Earnings Details
4/17/2013Q1 2013$1.02$0.93$681.09 million$641.60 millionViewListenView Earnings Details
1/22/2013Q4 2012$0.98$1.17$646.83 million$687.60 millionViewListenView Earnings Details
10/17/2012$1.11$1.10ViewN/AView Earnings Details
7/17/2012$1.22$1.24ViewN/AView Earnings Details
4/18/2012$1.16$1.20ViewN/AView Earnings Details
1/23/2012$1.09$1.11ViewN/AView Earnings Details
10/24/2011$1.18$1.28ViewN/AView Earnings Details
7/21/2011$1.12$1.23ViewN/AView Earnings Details
4/19/2011$0.96$1.15ViewN/AView Earnings Details
1/24/2011$0.88$0.92ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Albemarle (NYSE:ALB)
2017 EPS Consensus Estimate: $4.22
2018 EPS Consensus Estimate: $4.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.87$1.00$0.95
Q2 20175$1.02$1.18$1.09
Q3 20175$1.09$1.16$1.11
Q4 20175$0.98$1.17$1.07
Q1 20181$1.09$1.09$1.09
Q2 20181$1.21$1.21$1.21
Q3 20181$1.24$1.24$1.24
Q4 20181$1.33$1.33$1.33
(Data provided by Zacks Investment Research)


Current Dividend Information for Albemarle (NYSE:ALB)
Next Dividend:7/3/2017
Annual Dividend:$1.22
Dividend Yield:1.08%
Dividend Growth:9.40% (3 Year Average)
Payout Ratio:63.54% (Trailing 12 Months of Earnings)
27.98% (Based on This Year's Estimates)
24.25% (Based on Next Year's Estimates)
Track Record:13 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Albemarle (NYSE:ALB)

Dividend History by Quarter for Albemarle (NYSE:ALB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Albemarle (NYSE:ALB)
Insider Ownership Percentage: 0.71%
Institutional Ownership Percentage: 86.50%
Insider Trades by Quarter for Albemarle (NYSE:ALB)
Institutional Ownership by Quarter for Albemarle (NYSE:ALB)
Insider Trades by Quarter for Albemarle (NYSE:ALB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/6/2017Karen G NarwoldEVPSell392$90.59$35,511.28View SEC Filing  
1/6/2017Luther C Iv KissamChairmanSell2,542$90.46$229,949.32View SEC Filing  
1/6/2017Scott TozierCFOSell1,057$90.62$95,785.34View SEC Filing  
12/6/2016Karen G NarwoldEVPSell10,000$86.11$861,100.00View SEC Filing  
8/24/2016Luther C Iv KissamCEOSell50,000$83.19$4,159,500.00View SEC Filing  
8/5/2016John Sherman JrDirectorSell4,300$82.09$352,987.00View SEC Filing  
5/12/2016Donald J Jr. LabauveCAOSell3,564$75.34$268,511.76View SEC Filing  
5/12/2016John Sherman JrDirectorSell2,025$75.73$153,353.25View SEC Filing  
5/12/2016Matthew JuneauSVPSell13,174$75.34$992,529.16View SEC Filing  
3/14/2016Karen G NarwoldSVPSell405$60.38$24,453.90View SEC Filing  
3/8/2016Scott TozierCFOSell556$58.89$32,742.84View SEC Filing  
3/1/2016Luther C Iv KissamCEOSell1,048$57.98$60,763.04View SEC Filing  
1/6/2016Karen G NarwoldSVPSell138$52.57$7,254.66View SEC Filing  
1/6/2016Scott TozierCFOSell190$52.55$9,984.50View SEC Filing  
9/1/2015Luther C. Iv KissamCEOBuy4,533$44.01$199,497.33View SEC Filing  
3/2/2015Luther C Iv KissamCEOSell1,075$56.36$60,587.00View SEC Filing  
2/11/2015James J /Ky ObrienDirectorBuy1,000$52.68$52,680.00View SEC Filing  
2/3/2015John Sherman JrDirectorBuy2,500$48.49$121,225.00View SEC Filing  
2/2/2015Jim W NokesDirectorBuy3,000$47.47$142,410.00View SEC Filing  
1/30/2015Douglas L MaineDirectorBuy7,847$48.48$380,422.56View SEC Filing  
9/12/2014Gerald A SteinerDirectorBuy1,000$64.21$64,210.00View SEC Filing  
8/1/2014D Michael WilsonSVPBuy5,000$61.29$306,450.00View SEC Filing  
2/25/2014Karen NarwoldVPSell2,200$64.41$141,702.00View SEC Filing  
2/25/2014Scott TozierCFOSell3,509$64.44$226,119.96View SEC Filing  
1/30/2014John Sherman, Jr.DirectorSell1,000$65.27$65,270.00View SEC Filing  
1/30/2014Matthew JuneauSVPSell5,000$64.84$324,200.00View SEC Filing  
1/8/2014Luther Iv KissamCEOSell3,180$64.41$204,823.80View SEC Filing  
1/8/2014Scott TozierCFOSell1,339$64.35$86,164.65View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Albemarle (NYSE:ALB)
Latest Headlines for Albemarle (NYSE:ALB)
DateHeadline logoAlbemarle Co. (ALB) Rating Reiterated by Morgan Stanley - May 26 at 12:58 AM logoAlbemarle Corporation to present at Deutsche Bank Global Industrials and Materials Summit - May 24 at 8:29 PM logoIs Albemarle (ALB) Stock a Solid Choice Right Now? - May 23 at 3:29 PM logoETFs with exposure to Albemarle Corp. : May 22, 2017 - May 22 at 3:29 PM logoAlbemarle Co. (ALB) Receives Consensus Rating of "Buy" from Brokerages - May 19 at 12:52 PM logoAlbemarle (ALB) Scales New 52-Week High on Bright Prospects - May 16 at 3:28 PM logoAlbemarle Co. to Post Q4 2017 Earnings of $0.98 Per Share, Jefferies Group Forecasts (ALB) - May 12 at 3:26 PM logoAlbemarle Co. Announces Quarterly Dividend of $0.32 (ALB) - May 11 at 8:56 PM logoAlbemarle announces quarterly dividend - May 11 at 8:44 PM logoJefferies Group Comments on Albemarle Co.'s Q2 2017 Earnings (ALB) - May 11 at 9:24 AM logoFY2017 Earnings Estimate for Albemarle Co. Issued By SunTrust Banks (ALB) - May 10 at 9:58 AM logoAlbemarle Target of Unusually Large Options Trading (ALB) - May 10 at 7:20 AM logoETFs with exposure to Albemarle Corp. : May 9, 2017 - May 9 at 8:30 PM logoQ2 2017 EPS Estimates for Albemarle Co. Lifted by Analyst (ALB) - May 9 at 7:28 AM logoAlbemarle Corp. :ALB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017 - May 8 at 3:23 PM logoBrokers Issue Forecasts for Albemarle Co.'s Q2 2017 Earnings (ALB) - May 8 at 8:27 AM logoAlbemarle Co. (ALB) Expected to Announce Quarterly Sales of $706.78 Million - May 7 at 9:40 AM logoAlbemarle's (ALB) "Buy" Rating Reaffirmed at Nomura - May 5 at 5:01 PM logoZacks: Brokerages Expect Albemarle Co. (ALB) Will Post Earnings of $1.03 Per Share - May 5 at 10:38 AM logoAlbemarle reports 10% growth in first quarter 2017 net sales - May 5 at 1:32 AM logoEdited Transcript of ALB earnings conference call or presentation 4-May-17 1:00pm GMT - May 5 at 1:32 AM logoAlbemarle Co. (ALB) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS - May 4 at 3:36 PM logoAlbemarle (ALB) Earnings and Revenues Beat Estimates in Q1 - May 4 at 3:29 PM logoAlbemarle beats Street 1Q forecasts - May 3 at 5:46 PM logoSomewhat Favorable Media Coverage Unlikely to Affect Albemarle (ALB) Share Price - May 3 at 10:18 AM logoShould You Buy Albemarle (ALB) Ahead of Earnings? - May 2 at 3:32 PM logoAlbemarle Co. (ALB) Scheduled to Post Earnings on Wednesday - May 1 at 10:02 AM logoAlbemarle (ALB) Q1 Earnings Preview: A Beat in the Cards? - May 1 at 9:48 AM logoAlbemarle (ALB) Receiving Somewhat Favorable Press Coverage, Analysis Finds - April 30 at 11:16 AM logoBefore and after: The $44M transformation of a downtown Raleigh building - April 27 at 8:53 PM logoSomewhat Negative Press Coverage Somewhat Likely to Affect Albemarle (ALB) Share Price - April 27 at 2:34 PM logoAlbemarle Co. (ALB) Downgraded to Hold at Zacks Investment Research - April 24 at 7:55 PM logoAlbemarle Co. (ALB) Given Average Rating of "Buy" by Brokerages - April 24 at 2:50 PM logoPositive Media Coverage Extremely Unlikely to Impact Albemarle (ALB) Share Price - April 24 at 12:19 PM logoAlbemarle Co. Expected to Earn FY2020 Earnings of $7.05 Per Share (ALB) - April 21 at 6:02 PM logoAlbemarle (ALB) Earns News Impact Score of -0.01 - April 21 at 9:11 AM logoEXCLUSIVE: Albemarle Corp. may reopen King Mountain lithium mines - April 20 at 8:33 PM logoFY2019 EPS Estimates for Albemarle Co. Cut by Jefferies Group (ALB) - April 20 at 4:30 PM logoAlbemarle Corporation to present at Goldman Sachs Basic Materials Conference - April 19 at 8:27 PM logoAlbemarle Co. (ALB) Rating Reiterated by Royal Bank of Canada - April 18 at 9:15 PM logoAlbemarle (ALB) Earns Daily News Impact Rating of -0.12 - April 18 at 11:02 AM logo[$$] Chile seeks to leverage its lithium with manufacturing incentives - April 16 at 3:26 PM logo[$$] Chile seeks to leverage its lithium with manufacturing incentives - April 16 at 3:26 PM logoSomewhat Negative Press Coverage Very Unlikely to Impact Albemarle (ALB) Stock Price - April 15 at 10:54 AM logo Brokerages Expect Albemarle Co. (ALB) to Announce $0.95 Earnings Per Share - April 14 at 11:02 AM logo6 Reasons to Add Albemarle (ALB) Stock to Your Portfolio - April 12 at 12:00 PM logoAlbemarle's (ALB) "Outperform" Rating Reaffirmed at Robert W. Baird - April 9 at 5:02 PM logoAlbemarle Corp. : ALB-US: Dividend Analysis : March 15th, 2017 (record date) : By the numbers : April 5, 2017 - April 7 at 7:49 AM logoAlbemarle Corporation to release first quarter 2017 earnings results on May 3, 2017 - April 7 at 7:49 AM logoNevada Sunrise and Advantage Lithium begin regional drilling program at Neptune Lithium Project, Clayton Valley, Nevada - April 7 at 7:49 AM



Albemarle (ALB) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff