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NYSE:ALB

Albemarle Stock Forecast, Price & News

$93.21
-0.56 (-0.60 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$90.86
Now: $93.21▼
$94.06
50-Day Range
$80.42
MA: $93.21▼
$100.45
52-Week Range
$48.89
Now: $93.21▼
$101.00
Volume1.27 million shs
Average Volume966,755 shs
Market Capitalization$9.91 billion
P/E Ratio22.62
Dividend Yield1.70%
Beta1.4
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. The company operates in three segments: Lithium, Bromine Specialties, and Catalysts. The 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. It also offers cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for various pyrotechnical applications; technical services, such as the handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Bromine Specialties segment offers bromine and bromine-based solutions for fire safety, chemical synthesis, mercury control, water purification, beef and poultry processing, and other industrial applications, as well as oil and gas well drilling, and completion fluids applications; and tertiary amines, biocides, disinfectants, and sanitizers. The Catalysts segment offers hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. The company serves energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection, and custom chemistry services markets. Albemarle Corporation was founded in 1994 and is headquartered in Charlotte, North Carolina.
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Albemarle logo

Beat the Market (BTM) Rank™

Analyst Opinion: 2.1Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.90 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Plastics materials & resins
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
Current SymbolNYSE:ALB
Previous Symbol
CUSIP01265310
CIK915913
Webwww.albemarle.com
Phone980-299-5700
Employees6,000

Debt

Debt-to-Equity Ratio0.74
Current Ratio1.61
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio22.62
Forward P/E Ratio26.78
P/E Growth2.61

Sales & Book Value

Annual Sales$3.59 billion
Price / Sales2.76
Cash Flow$8.29 per share
Price / Cash Flow11.24
Book Value$38.61 per share
Price / Book2.41

Profitability

EPS (Most Recent Fiscal Year)$6.04
Net Income$533.23 million
Net Margins12.99%
Return on Equity13.33%
Return on Assets5.73%

Miscellaneous

Outstanding Shares106,360,000
Market Cap$9.91 billion
Next Earnings Date11/4/2020 (Confirmed)
OptionableOptionable
$93.21
-0.56 (-0.60 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Albemarle (NYSE:ALB) Frequently Asked Questions

How has Albemarle's stock price been impacted by COVID-19 (Coronavirus)?

Albemarle's stock was trading at $70.07 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALB shares have increased by 33.0% and is now trading at $93.21.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Albemarle?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albemarle in the last year. There are currently 6 sell ratings, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Albemarle.

When is Albemarle's next earnings date?

Albemarle is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Albemarle.

How can I listen to Albemarle's earnings call?

Albemarle will be holding an earnings conference call on Wednesday, November 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Albemarle's earnings last quarter?

Albemarle Co. (NYSE:ALB) issued its quarterly earnings data on Wednesday, August, 5th. The specialty chemicals company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.14. The specialty chemicals company earned $764.05 million during the quarter, compared to analyst estimates of $704.31 million. Albemarle had a net margin of 12.99% and a return on equity of 13.33%.
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, October 27th. Investors of record on Friday, December 11th will be given a dividend of $0.385 per share on Monday, January 4th. This represents a $1.54 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Thursday, December 10th.
View Albemarle's dividend history.

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

Albemarle updated its third quarter 2020 After-Hours earnings guidance on Wednesday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $700-775 million, compared to the consensus revenue estimate of $717.55 million.

What price target have analysts set for ALB?

24 brokers have issued twelve-month target prices for Albemarle's shares. Their forecasts range from $40.00 to $121.00. On average, they expect Albemarle's stock price to reach $83.88 in the next twelve months. This suggests that the stock has a possible downside of 10.0%.
View analysts' price targets for Albemarle.

Who are some of Albemarle's key competitors?

Some companies that are related to Albemarle include The Sherwin-Williams (SHW), Ecolab (ECL), Valaris (VAL), Celanese (CE), RPM International (RPM), International Flavors & Fragrances (IFF), Ashland Global (ASH), NewMarket (NEU), Quaker Chemical (KWR), Balchem (BCPC), W. R. Grace & Co. (GRA), PolyOne (POL), Sensient Technologies (SXT), Stepan (SCL) and H.B. Fuller (FUL).
View all 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 Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals Corp. (WPM.TO) (WPM), NVIDIA (NVDA), Rogers Communications (RCI) and Alibaba Group (BABA).

Who are Albemarle's key executives?

Albemarle's management team includes the following people:
  • Mr. Jerry Kent Masters Jr., Pres, CEO & Chairman (Age 59, Pay $150k)
  • Mr. Scott A. Tozier, Exec. VP & CFO (Age 54, Pay $974.29k)
  • Ms. Karen G. Narwold Esq., Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 60, Pay $861.02k)
  • Mr. Luther C. Kissam IV, Director (Age 55, Pay $2M)
  • Mr. Raphael Goszcz Crawford, Pres of Catalysts Global Bus. Unit (Age 44, Pay $1.01M)
  • Mr. Netha N. Johnson Jr., Pres of Bromine Specialties Global Bus. Unit (Age 49, Pay $1.51M)
  • Mr. John Clarence Barichivich III, VP, Corp. Controller & Chief Accounting Officer (Age 52)
  • Mr. Patrick Thompson, Chief Information Officer
  • Ms. Sharon B. McGee, VP of Corp. Devel. & Investor Relations
  • Ms. DeeAnne J. Marlow, Sr. VP & Chief HR Officer (Age 54)

What is Albemarle's stock symbol?

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

Who are Albemarle's major shareholders?

Albemarle's stock is owned by a variety of retail and institutional investors. Top institutional investors include KAMES CAPITAL plc (1.06%), DAVENPORT & Co LLC (0.22%), Scout Investments Inc. (0.19%), Clifford Swan Investment Counsel LLC (0.18%), Standard Life Aberdeen plc (0.13%) and Envestnet Asset Management Inc. (0.11%). 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 Hahn Capital Management LLC, Livingston Group Asset Management CO operating as Southport Capital Management, State of Alaska Department of Revenue, DekaBank Deutsche Girozentrale, Red Spruce Capital LLC, State of New Jersey Common Pension Fund D, Eastern Bank, and Adams Natural Resources Fund Inc.. 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 activity for Albemarle.

Which institutional investors are buying Albemarle stock?

ALB stock was purchased by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Axel Capital Management LLC, KAMES CAPITAL plc, Sicart Associates LLC, KBC Group NV, BNP Paribas Arbitrage SA, Scout Investments Inc., and Patton Fund Management Inc.. Company insiders that have bought Albemarle stock in the last two years include Deeanne J Marlow, and Eric Norris.
View insider buying and selling activity 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 $93.21.

How big of a company is Albemarle?

Albemarle has a market capitalization of $9.91 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 6,000 workers across the globe.

What is Albemarle's official website?

The official website for Albemarle is 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]

This page was last updated on 10/31/2020 by MarketBeat.com Staff
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