About Albemarle Corporation
Albemarle Corporation is a developer, manufacturer and marketer of specialty chemicals across a range of end markets, including the petroleum refining, consumer electronics, energy storage, construction, automotive, steel and aerospace, lubricants, pharmaceuticals, crop protection, household appliances, heating, ventilation, aluminum finishing, food safety and custom chemistry services. The Company operates through the segments, including Performance Chemicals and Refining Solutions. The Company's Performance Chemicals segment consists of product categories, including Lithium, Performance Catalyst Solutions and Bromine. The Company's Lithium business develops advanced materials for a range of industries and end markets. The Company's main product lines in the Refining Solutions segment are Clean Fuels Technologies, which is composed of hydroprocessing catalysts (HPC), and Heavy Oil Upgrading (HOU), which is composed of fluidized catalytic cracking (FCC) catalysts and additives.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Specialty Chemicals
- Sub-Industry: Specialty Chemicals
- Exchange: NYSE
- Symbol: ALB
- CUSIP: 01265310
- Previous Close: $92.41
- 50 Day Moving Average: $93.27
- 200 Day Moving Average: $85.91
- 52-Week Range: $112,475,000.00 - $55.55
- Trailing P/E Ratio: 48.65
- Foreward P/E Ratio: 22.79
- P/E Growth: 4.92
- Market Cap: $10.45B
- Outstanding Shares: 112,475,000
- Beta: 1.41
- Net Margins: 6.92%
- Return on Equity: 14.38%
- Return on Assets: 5.27%
Companies Related to Albemarle Corporation:
- Debt-to-Equity Ratio: 0.88%
- Current Ratio: 1.45%
- Quick Ratio: 0.98%
What is Albemarle Corporation's stock symbol?
Albemarle Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALB."
How often does Albemarle Corporation pay dividends? What is the dividend yield for Albemarle Corporation?
Albemarle Corporation declared a quarterly dividend on Thursday, February 23rd. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.32 per share on Monday, April 3rd. This represents a $1.28 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Monday, March 13th. This is a positive change from Albemarle Corporation's previous quarterly dividend of $0.31.
Where is Albemarle Corporation's stock going? Where will Albemarle Corporation's stock price be in 2017?
14 equities research analysts have issued 12 month price objectives for Albemarle Corporation's shares. Their forecasts range from $59.00 to $118.00. On average, they expect Albemarle Corporation's stock price to reach $100.50 in the next twelve months.
When will Albemarle Corporation announce their earnings?
Albemarle Corporation is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.
What are analysts saying about Albemarle Corporation stock?
Here are some recent quotes from research analysts about Albemarle Corporation stock:
- Robert W. Baird analysts commented, "We believe in the growth of electric vehicles and storage, especially as TSLA ramps production, and think ALB should benefit from market growth. Although additional lithium production will come on-line to support EV and storage growth, we are in a multiyear growth cycle, and ALB shares should benefit until substantial capacity comes on-line. Furthermore, we believe ALB has upside as a potential consolidator after de-levering from the Chemetall sale. We recommend buying shares at current levels." (1/17/2017)
According to Zacks Investment Research, "Albemarle Corporation is a major producer of fine and performance chemicals including polymer intermediates, cleaning product intermediates and additives, agricultural chemical intermediates, pharmaceutical intermediates, catalysts, brominated flame retardants, bromine chemicals and potassium and chlorine chemicals. " (1/10/2017)
Who owns Albemarle Corporation stock?
Albemarle Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (7.34%), State Street Corp (5.62%), FMR LLC (1.94%), Iridian Asset Management LLC CT (1.85%), Dimensional Fund Advisors LP (1.23%) and Janus Capital Management LLC (1.19%). Company insiders that own Albemarle Corporation stock include Donald J Jr Labauve, John Sherman Jr, Karen G Narwold, Luther C Iv Kissam, Matthew Juneau and Scott Tozier.
Who sold Albemarle Corporation stock? Who is selling Albemarle Corporation stock?
Albemarle Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Iridian Asset Management LLC CT, Dimensional Fund Advisors LP, Systematic Financial Management LP, Stelliam Investment Management LP, I.G. Investment Management LTD., Tide Point Capital Management LP and Royce & Associates LP. Company insiders that have sold Albemarle Corporation stock in the last year include Donald J Jr Labauve, John Sherman Jr, Karen G Narwold, Luther C Iv Kissam, Matthew Juneau and Scott Tozier.
Who bought Albemarle Corporation stock? Who is buying Albemarle Corporation stock?
Albemarle Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, State Street Corp, Friess Associates LLC, Asset Management One Co. Ltd., AQR Capital Management LLC, Russell Investments Group Ltd., Putnam Investments LLC and Allianz Asset Management AG.
How do I buy Albemarle Corporation stock?
Shares of Albemarle Corporation 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 Corporation stock cost?
One share of Albemarle Corporation stock can currently be purchased for approximately $92.77.