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NYSE:ALB - Albemarle Stock Price, Forecast & News

$85.65
-0.18 (-0.21 %)
(As of 02/27/2020 09:21 AM ET)
Today's Range
$84.31
Now: $85.65
$87.78
50-Day Range
$71.18
MA: $83.07
$94.31
52-Week Range
$58.63
Now: $85.65
$99.40
Volume1.58 million shs
Average Volume2.26 million shs
Market Capitalization$9.08 billion
P/E Ratio17.06
Dividend Yield1.71%
Beta1.57
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Its Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes, life science, pharmaceutical, and other markets. Read More…

Industry, Sector and Symbol

Industry Plastics materials & resins
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
CUSIP01265310
Phone980-299-5700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.59 billion
Cash Flow$8.06 per share
Book Value$38.61 per share

Profitability

Net Income$533.23 million

Miscellaneous

Employees5,900
Market Cap$9.08 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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Albemarle (NYSE:ALB) Frequently Asked Questions

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 Tuesday, October 29th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.368 per share on Thursday, January 2nd. This represents a $1.47 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Thursday, December 12th. This is an increase from Albemarle's previous quarterly dividend of $0.37. View Albemarle's Dividend History.

How were Albemarle's earnings last quarter?

Albemarle Co. (NYSE:ALB) posted its earnings results on Wednesday, February, 19th. The specialty chemicals company reported $1.73 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.75 by $0.02. The specialty chemicals company earned $992.60 million during the quarter, compared to analyst estimates of $1.01 billion. Albemarle had a return on equity of 16.12% and a net margin of 14.86%. The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business posted $1.53 EPS. View Albemarle's Earnings History.

When is Albemarle's next earnings date?

Albemarle is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Albemarle.

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

Albemarle issued an update on its FY20 earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of $4.80-5.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.96. The company issued revenue guidance of $3.48-3.53, compared to the consensus revenue estimate of $3.53 billion.

What price target have analysts set for ALB?

25 brokers have issued twelve-month target prices for Albemarle's shares. Their forecasts range from $39.50 to $116.00. On average, they anticipate Albemarle's stock price to reach $86.41 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Price Targets for Albemarle.

What is the consensus analysts' recommendation for Albemarle?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albemarle in the last year. There are currently 4 sell ratings, 11 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Albemarle.

Has Albemarle been receiving favorable news coverage?

Press coverage about ALB stock has trended negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Albemarle earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news articles about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Albemarle.

Are investors shorting Albemarle?

Albemarle saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 17,690,000 shares, an increase of 6.1% from the January 30th total of 16,680,000 shares. Based on an average daily volume of 1,670,000 shares, the short-interest ratio is currently 10.6 days. Currently, 16.8% of the company's shares are sold short. View Albemarle's Current Options Chain.

Who are some of Albemarle's key competitors?

What other stocks do shareholders of Albemarle own?

Who are Albemarle's key executives?

Albemarle's management team includes the folowing people:
  • Mr. Luther C. Kissam IV, Chairman, Pres & CEO (Age 54)
  • Mr. Scott A. Tozier, Exec. VP & CFO (Age 53)
  • Mr. Donald J. LaBauve Jr., VP, Corp. Controller & Chief Accounting Officer (Age 52)
  • Ms. Karen G. Narwold, Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 59)
  • Mr. David Ryan, VP of Corp. Strategy & Investor Relations

Who are Albemarle's major shareholders?

Albemarle's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (8.81%), State Street Corp (7.04%), Baillie Gifford & Co. (4.19%), Bank of New York Mellon Corp (2.32%), Geode Capital Management LLC (1.58%) and Bank of America Corp DE (1.49%). Company insiders that own Albemarle stock include Deeanne J Marlow, Eric Norris, Karen G Narwold, Luther C Iv Kissam and Scott Tozier. View Institutional Ownership Trends for Albemarle.

Which institutional investors are selling Albemarle stock?

ALB stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Bank of America Corp DE, AXA, CIBC Private Wealth Group LLC, Janus Henderson Group PLC, Franklin Resources Inc., Handelsbanken Fonder AB and Raymond James & Associates. Company insiders that have sold Albemarle company stock in the last year include Karen G Narwold, Luther C Iv Kissam and Scott Tozier. View Insider Buying and Selling for Albemarle.

Which institutional investors are buying Albemarle stock?

ALB stock was purchased by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., State Street Corp, Bank of New York Mellon Corp, Amundi Pioneer Asset Management Inc., Baillie Gifford & Co., Westwood Holdings Group Inc., New York State Common Retirement Fund and DekaBank Deutsche Girozentrale. Company insiders that have bought Albemarle stock in the last two years include Deeanne J Marlow and Eric Norris. View Insider Buying and Selling for Albemarle.

How do I buy shares of Albemarle?

Shares of ALB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Albemarle's stock price today?

One share of ALB stock can currently be purchased for approximately $85.65.

How big of a company is Albemarle?

Albemarle has a market capitalization of $9.08 billion and generates $3.59 billion in revenue each year. The specialty chemicals company earns $533.23 million in net income (profit) each year or $6.04 on an earnings per share basis. Albemarle employs 5,900 workers across the globe.View Additional Information About Albemarle.

What is Albemarle's official website?

The official website for Albemarle is http://www.albemarle.com/.

How can I contact Albemarle?

Albemarle's mailing address is 4250 CONGRESS STREET SUITE 900, CHARLOTTE NC, 28209. The specialty chemicals company can be reached via phone at 980-299-5700 or via email at [email protected]


MarketBeat Community Rating for Albemarle (NYSE ALB)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  667 (Vote Outperform)
Underperform Votes:  551 (Vote Underperform)
Total Votes:  1,218
MarketBeat's community ratings are surveys of what our community members think about Albemarle and other stocks. Vote "Outperform" if you believe ALB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/27/2020 by MarketBeat.com Staff

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