NYSE:ALB

Albemarle Stock Forecast, Price & News

$205.15

-3.83 (-1.83%)

(As of 07/1/2022 12:00 AM ET)

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Today's Range: $200.45
▼
$208.78
50-Day Range: $187.76
▼
$270.92
52-Week Range: $163.20
▼
$291.48

Volume: 1.00 million shs
Average Volume: 1.27 million shs
Market Capitalization: $24.03 billion

P/E Ratio: 86.20
Dividend Yield: 0.76%
Price Target: $276.40

Albemarle Stock Forecast (MarketRank)

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 34.7% Upside
$276.40 Price Target
Short Interest: Healthy
1.76% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -6.52
Upright™ Environmental Score
News Sentiment: 0.61
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 15.97%
From $13.40 to $15.54 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.80 out of 5 stars

Basic Materials Sector

11th out of 248 stocks

Plastics Materials & Resins Industry

3rd out of 16 stocks

4.3 Analyst's Opinion

Consensus Rating
Albemarle has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 12 buy ratings, 3 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $276.40, Albemarle has a forecasted upside of 34.7% from its current price of $205.15.
Amount of Analyst Coverage
Albemarle has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Short Interest

Percentage of Shares Shorted
1.76% of the outstanding shares of Albemarle have been sold short.
Short Interest Ratio / Days to Cover
Albemarle has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Albemarle has recently increased by 10.16%, indicating that investor sentiment is decreasing significantly.

3.3 Dividend Strength

Dividend Yield
Albemarle has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Albemarle has been increasing its dividend for 29 years.
Dividend Coverage
The dividend payout ratio of Albemarle is 66.39%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Albemarle will have a dividend payout ratio of 10.17% next year. This indicates that Albemarle will be able to sustain or increase its dividend.

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Albemarle has received a -70.37% net impact score from Upright. The largest negative impact of Albemarle in category "GHG emissions" seems to be driven mostly by its "Battery additives", "Oil and gas industry chemicals", "Water purification chemicals", and "Lithium" products. See details.
Environmental Sustainability
The Environmental Impact score for Albemarle is -6.52.

2.0 News and Social Media Coverage

News Sentiment
Albemarle has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.32 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Albemarle this week, compared to 2 articles on an average week.
Search Interest
Only 56 people have searched for ALB on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
MarketBeat Follows
Only 35 people have added Albemarle to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Albemarle insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.25% of the stock of Albemarle is held by insiders.
Percentage Held by Institutions
80.03% of the stock of Albemarle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Albemarle are expected to grow by 15.97% in the coming year, from $13.40 to $15.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Albemarle is 86.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 47.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Albemarle is 86.20, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 30.35.
Price to Earnings Growth Ratio
Albemarle has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Albemarle has a P/B Ratio of 4.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Albemarle (NYSE:ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use 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 in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

June 19, 2022 | americanbankingnews.com

Albemarle Co. (NYSE:ALB) Receives $281.21 Consensus Target Price from Analysts

June 2, 2022 | finance.yahoo.com

Albemarle 2021 Sustainability Report Highlights Advancements in New and Existing Targets

May 30, 2022 | finance.yahoo.com

At US$271, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?

May 23, 2022 | finance.yahoo.com

Albemarle Announces Further Improved Full-Year 2022 Guidance

May 14, 2022 | finance.yahoo.com

Albemarle Corporation Announces Redemption of All Outstanding 4.150% Senior Notes Due 2024 - Yahoo Finance

May 13, 2022 | finance.yahoo.com

Albemarle Corporation Announces Redemption of All Outstanding 4.150% Senior Notes Due 2024

May 11, 2022 | finance.yahoo.com

Albemarle Corporation to Present at 2022 Jefferies Renewable Energy Conference

May 11, 2022 | finance.yahoo.com

Albemarle Announces Pricing of Public Offering of Senior Notes

May 10, 2022 | forbes.com

What's Happening With Albemarle Stock? - Forbes

May 10, 2022 | finance.yahoo.com

Analysts Just Made A Huge Upgrade To Their Albemarle Corporation (NYSE:ALB) Forecasts

May 6, 2022 | fool.com

Why Albemarle Stock Sizzled on a Down Market Day - The Motley Fool

May 5, 2022 | finance.yahoo.com

Albemarle (ALB) Q1 2022 Earnings Call Transcript

April 29, 2022 | finance.yahoo.com

Albemarle Announces New Supply Chain Leadership

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Plastics materials & resins
Sub-Industry: Specialty Chemicals
Sector: Basic Materials
Current Symbol: NYSE:ALB
CUSIP: 01265310
CIK: 915913
Web: www.albemarle.com
Phone: (980) 299-5700
Fax: 225-388-7686
Employees: 6,000
Year Founded: 1994

Company Calendar

Last Earnings: 5/04/2022
Ex-Dividend for 7/1 Dividend: 6/09/2022
Today: 7/01/2022
Dividend Payable: 7/01/2022
Next Earnings (Estimated): 8/03/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $276.40
High Stock Price Forecast: $368.00
Low Stock Price Forecast: $185.00
Forecasted Upside/Downside: +34.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.5
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.38
Trailing P/E Ratio: 86.20
Forward P/E Ratio: 15.31
P/E Growth: 0.66
Net Income: $123.67 million
Net Margins: 7.76%
Pretax Margin: 8.55%
Return on Equity: 10.35%
Return on Assets: 5.66%

Debt

Debt-to-Equity Ratio: 0.33
Current Ratio: 1.11
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $3.33 billion
Price / Sales: 7.22
Cash Flow: $5.65 per share
Price / Cash Flow: 36.30
Book Value: $49.63 per share
Price / Book: 4.13

Miscellaneous

Outstanding Shares: 117,113,000
Free Float: 116,820,000
Market Cap: $24.03 billion
Optionable: Optionable
Beta: 1.52

Social Links

Albemarle Frequently Asked Questions

Should I buy or sell Albemarle stock right now?: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Albemarle in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Albemarle stock.
View analyst ratings for Albemarle or view top-rated stocks.
What is Albemarle's stock price forecast for 2022?: 18 equities research analysts have issued 1-year target prices for Albemarle's shares. Their ALB stock forecasts range from $185.00 to $368.00. On average, they predict Albemarle's share price to reach $276.40 in the next year. This suggests a possible upside of 34.7% from the stock's current price.
View analysts' price targets for Albemarle or view top-rated stocks among Wall Street analysts.
How has Albemarle's stock performed in 2022?: Albemarle's stock was trading at $233.77 at the beginning of the year. Since then, ALB stock has decreased by 12.2% and is now trading at $205.15.
View the best growth stocks for 2022 here.
When is Albemarle's next earnings date?: Albemarle is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Albemarle.
How were Albemarle's earnings last quarter?: Albemarle Co. (NYSE:ALB) posted its quarterly earnings results on Wednesday, May, 4th. The specialty chemicals company reported $2.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.65. The specialty chemicals company earned $1.13 billion during the quarter, compared to analysts' expectations of $1.03 billion. Albemarle had a trailing twelve-month return on equity of 10.35% and a net margin of 7.76%. The business's revenue was up 36.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.10 earnings per share.
View Albemarle's earnings history.
How often does Albemarle pay dividends? What is the dividend yield for Albemarle?: Albemarle announced a quarterly dividend on Tuesday, May 3rd. Shareholders of record on Friday, June 10th will be paid a dividend of $0.395 per share on Friday, July 1st. This represents a $1.58 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, June 9th.
View Albemarle's dividend history.
Is Albemarle a good dividend stock?: Albemarle(NYSE:ALB) pays an annual dividend of $1.58 per share and currently has a dividend yield of 0.76%. Albemarle has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Albemarle is 66.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Albemarle will have a dividend payout ratio of 10.17% next year. This indicates that Albemarle will be able to sustain or increase its dividend.
View Albemarle's dividend history.
What guidance has Albemarle issued on next quarter's earnings?: Albemarle updated its FY 2022 earnings guidance on Monday, June, 20th. The company provided earnings per share (EPS) guidance of $12.30-$15.00 for the period, compared to the consensus estimate of $10.88. The company issued revenue guidance of $5.80 billion-$6.20 billion, compared to the consensus revenue estimate of $5.44 billion.
Who are Albemarle's key executives?: Albemarle's management team includes the following people:
Mr. Jerry Kent Masters Jr., Chairman, Pres & CEO (Age 61, Pay $3.49M)
Mr. Scott A. Tozier, Exec. VP & CFO (Age 56, Pay $1.55M) (LinkedIn Profile)
Ms. Karen G. Narwold Esq., Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 62, Pay $1.32M) (LinkedIn Profile)
Mr. Eric W. Norris, Pres of Lithium Global Bus. Unit (Age 55, Pay $1.47M) (LinkedIn Profile)
Mr. Netha N. Johnson Jr., Pres of Bromine Specialties Global Bus. Unit (Age 51, Pay $1.28M) (LinkedIn Profile)
Mr. John Clarence Barichivich III, VP, Corp. Controller & Chief Accounting Officer (Age 54) (LinkedIn Profile)
Mr. Patrick Thompson, Chief Information Officer
Ms. Melissa H. Anderson, Sr. VP & Chief HR Officer (Age 57)
Mr. Ahmad Khalifeh, Managing Director of Middle East Office
Mr. Raphael Goszcz Crawford, Pres of Catalysts Global Bus. Unit (Age 46) (LinkedIn Profile)

What is Luther C. Kissam, IV's approval rating as Albemarle's CEO?: 63 employees have rated Albemarle CEO Luther C. Kissam, IV on Glassdoor.com. Luther C. Kissam, IV has an approval rating of 75% among Albemarle's employees.
Who are some of Albemarle's key competitors?: Some companies that are related to Albemarle include Sherwin-Williams (SHW), Ecolab (ECL), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Ashland Global (ASH), Balchem (BCPC), Sensient Technologies (SXT), H.B. Fuller (FUL), NewMarket (NEU), Quaker Chemical (KWR), Innospec (IOSP), Stepan (SCL), Minerals Technologies (MTX) and Chase (CCF).
View all of ALB's competitors.
What other stocks do shareholders of Albemarle own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Albemarle investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), NVIDIA (NVDA), Rogers Communications (RCI) and Alibaba Group (BABA).
What is Albemarle's stock symbol?: Albemarle trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALB."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Albemarle's stock price today?: One share of ALB stock can currently be purchased for approximately $205.15.
How much money does Albemarle make?: Albemarle (NYSE:ALB) has a market capitalization of $24.03 billion and generates $3.33 billion in revenue each year. The specialty chemicals company earns $123.67 million in net income (profit) each year or $2.38 on an earnings per share basis.
How many employees does Albemarle have?: Albemarle employs 6,000 workers across the globe.
Does Albemarle have any subsidiaries?: The following companies are subsidiares of Albemarle: ACI Cyprus L.L.C., Albemarle (Thailand) Co. Ltd., Albemarle Argentina SRL, Albemarle Brazil Holdings LTDA., Albemarle Care Fund, Albemarle Catalysts Company B.V., Albemarle Chemical Canada Ltd., Albemarle Chemicals (Shanghai) Co. Ltd., Albemarle Chemicals Ltd., Albemarle Chemicals Private Limited, Albemarle Chemicals S.A.S., Albemarle Chemicals South Africa (Proprietary) Limited, Albemarle Delaware Holdings 1 LLC, Albemarle Delaware Holdings 2 LLC, Albemarle Dutch Holdings 2 B.V., Albemarle Dutch Holdings B.V., Albemarle Europe SRL, Albemarle Finance Company B.V., Albemarle Foundation, Albemarle Germany Gmbh, Albemarle Hilfe GmbH Unterstützungskasse, Albemarle Holdings Company Limited, Albemarle Holdings Limited, Albemarle Hungary Ltd., Albemarle Italy S.R.L., Albemarle Japan Corporation, Albemarle Japan Holdings B.V., Albemarle Knight Lux 1 Holdings Corporation, Albemarle Korea Corporation, Albemarle Limitada, Albemarle Lithium Holding Corporation, Albemarle Lithium Holding GmbH, Albemarle Lithium Pty Ltd, Albemarle Malaysia Sdn Bhd, Albemarle Management (Shanghai) Co. Ltd., Albemarle Middle East FZE, Albemarle Netherlands B.V., Albemarle New Holding GmbH, Albemarle Overseas Employment Corporation, Albemarle Quimica LTDA, Albemarle Saudi Trading Company, Albemarle Singapore Pte. Ltd., Albemarle Spain S.L., Albemarle Taiwan Limited, Albemarle U.S. Inc., Albemarle Vietnam Limited Liability Company, Albemarle Wodgina Pty Ltd, Albemarle de Venezuela C.A., Dynamit Nobel GmbH, Dynamit Nobel Unterstützungsfonds GmbH, Excalibur II Realty Company, Excalibur Realty Company, Foote Chile Holding Company, Foote Minera e Inversiones Ltda., Jiangxi Albemarle Lithium Co. Ltd., Jordan Bromine Company Limited, Knight Lux 1 S.à r.l., Knight Lux 2 S.à r.l., MARBL Lithium Operations Pty Ltd, Metalon Environmental Management & Solutions GmbH, PT Albemarle Chemicals Indonesia, RSG Immobilien GmbH, RT Lithium Limited, Rockwood Holdings, Rockwood Holdings Inc., Rockwood Lithium (Shanghai) Co. Ltd., Rockwood Lithium India Pvt. Ltd., Rockwood Lithium Japan K.K., Rockwood Lithium Korea LLC, Rockwood Lithium Taiwan Co. Ltd., Rockwood Specialties GmbH, Rockwood Specialties Group LLC, Rockwood Specialties LLC, Rockwood Specialties Limited, Sales de Magnesio Limitada, Shandong Sinobrom Albemarle Bromine Chemicals Company Limited, and Sichuan Guorun New Material Co. Ltd..
Read More
When was Albemarle founded?: Albemarle was founded in 1994.
How can I contact Albemarle?: Albemarle's mailing address is 4250 CONGRESS STREET SUITE 900, CHARLOTTE NC, 28209. The official website for Albemarle is www.albemarle.com. The specialty chemicals company can be reached via phone at (980) 299-5700, via email at [email protected], or via fax at 225-388-7686.

This page (NYSE:ALB) was last updated on 7/2/2022 by MarketBeat.com Staff

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Albemarle Stock Forecast, Price & News

Albemarle Stock Forecast (MarketRank)

Overall MarketRank™

4.3 Analyst's Opinion

3.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

3.3 Dividend Strength

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

2.0 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

1.7 Company Ownership

3.1 Earnings and Valuation

Receive ALB Stock News and Ratings via Email

About Albemarle (NYSE:ALB)

ALB Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Albemarle Frequently Asked Questions

Should I buy or sell Albemarle stock right now?

What is Albemarle's stock price forecast for 2022?

How has Albemarle's stock performed in 2022?

When is Albemarle's next earnings date?

How were Albemarle's earnings last quarter?

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

Is Albemarle a good dividend stock?

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

Who are Albemarle's key executives?

What is Luther C. Kissam, IV's approval rating as Albemarle's CEO?

Who are some of Albemarle's key competitors?

What other stocks do shareholders of Albemarle own?

What is Albemarle's stock symbol?

How do I buy shares of Albemarle?

What is Albemarle's stock price today?

How much money does Albemarle make?

How many employees does Albemarle have?

Does Albemarle have any subsidiaries?

When was Albemarle founded?

How can I contact Albemarle?

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