NYSE:ALB - Albemarle Stock Price, Price Target & More

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

Albemarle declared a quarterly dividend on Tuesday, May 8th. Stockholders of record on Friday, June 15th will be given a dividend of $0.335 per share on Monday, July 2nd. This represents a $1.34 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Thursday, June 14th. View Albemarle's Dividend History.

Albemarle Co. (NYSE:ALB) released its earnings results on Wednesday, May, 9th. The specialty chemicals company reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.20 by $0.10. The specialty chemicals company had revenue of $821.60 million for the quarter, compared to analysts' expectations of $798.20 million. Albemarle had a net margin of 4.27% and a return on equity of 13.80%. The firm's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 EPS. View Albemarle's Earnings History.

Albemarle is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Albemarle.

Albemarle issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $5.10-5.40 for the period, compared to the Thomson Reuters consensus estimate of $5.17. The company issued revenue guidance of $3.2-3.4 billion, compared to the consensus revenue estimate of $3.30 billion.

25 equities research analysts have issued twelve-month price targets for Albemarle's shares. Their predictions range from $36.00 to $157.00. On average, they anticipate Albemarle's stock price to reach $124.5686 in the next year. View Analyst Ratings for Albemarle.

Some companies that are related to Albemarle include Eastman Chemical (EMN), Sinopec Shanghai Petrochemical Co. ADR Class H (SHI), Hexcel (HXL), PolyOne (POL), Trinseo (TSE), Rogers (ROG), Kraton (KRA), A Schulman (SHLM), AdvanSix (ASIX), ForceField Energy (FNRG) and Cereplast (CERPQ).

Headlines about ALB stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Albemarle earned a daily sentiment score of 0.14 on Accern's scale. They also gave media coverage about the specialty chemicals company an impact score of 45.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Albemarle's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (8.17%), BlackRock Inc. (7.65%), Iridian Asset Management LLC CT (1.79%), Global X Management Co. LLC (1.47%), Artisan Partners Limited Partnership (1.41%) and Northern Trust Corp (1.11%). Company insiders that own Albemarle stock include Douglas L Maine, John Sherman Jr, Karen G Narwold, Luther C Iv Kissam, Matthew Juneau and Scott Tozier. View Institutional Ownership Trends for Albemarle.

ALB stock was sold by a variety of institutional investors in the last quarter, including AGF Investments Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH, Lord Abbett & CO. LLC, OppenheimerFunds Inc., Sei Investments Co., Handelsbanken Fonder AB and Handelsbanken Fonder AB. Company insiders that have sold Albemarle company stock in the last year include Karen G Narwold, Luther C Iv Kissam, Matthew Juneau and Scott Tozier. View Insider Buying and Selling for Albemarle.

ALB stock was purchased by a variety of institutional investors in the last quarter, including Carmignac Gestion, Iridian Asset Management LLC CT, Principal Financial Group Inc., Principal Financial Group Inc., BlackRock Inc., Artisan Partners Limited Partnership, Summit Trail Advisors LLC and Robecosam AG. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of ALB stock can currently be purchased for approximately $92.32.

Albemarle has a market capitalization of $10.35 billion and generates $3.07 billion in revenue each year. The specialty chemicals company earns $54.85 million in net income (profit) each year or $4.59 on an earnings per share basis. Albemarle employs 5,400 workers across the globe.

Albemarle's mailing address is 4350 CONGRESS STREET SUITE 700, CHARLOTTE NC, 28209. The specialty chemicals company can be reached via phone at 980-299-5700.