Albemarle (ALB) Stock Forecast, Price & News

Albemarle (NYSE:ALB) Frequently Asked Questions

Is Albemarle a buy right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Albemarle in the last year. There are currently 2 sell ratings, 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Albemarle stock.
View analyst ratings for Albemarle or view top-rated stocks.

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) released its quarterly earnings data on Wednesday, May, 4th. The specialty chemicals company reported $2.38 earnings per share (EPS) for the quarter, beating 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 net margin of 7.76% and a trailing twelve-month return on equity of 10.35%. The business's revenue for the quarter was up 36.0% on a year-over-year basis. During the same period last year, the business earned $1.10 EPS.
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. Investors 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 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Thursday, June 9th.
View Albemarle's dividend history.

Is Albemarle a good dividend stock?

Albemarle pays an annual dividend of $1.58 per share and currently has a dividend yield of 0.67%. 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 10.96% 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, May, 9th. The company provided EPS guidance of $9.25-$12.25 for the period, compared to the consensus earnings per share estimate of $6.22. The company issued revenue guidance of $5.20 billion-$5.60 billion, compared to the consensus revenue estimate of $4.40 billion.

What price target have analysts set for ALB?

17 brokers have issued twelve-month price objectives for Albemarle's stock. Their forecasts range from $198.00 to $368.00. On average, they anticipate Albemarle's stock price to reach $277.63 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price.
View analysts' price targets for Albemarle or view top-rated stocks among Wall Street analysts.

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), H.B. Fuller (FUL), Sensient Technologies (SXT), NewMarket (NEU), Innospec (IOSP), Quaker Chemical (KWR), Stepan (SCL), Minerals Technologies (MTX) and Ferro (FOE).
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."

Who are Albemarle's major shareholders?

Albemarle's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.67%), BlackRock Inc. (8.47%), State Street Corp (4.58%), Baillie Gifford & Co. (3.48%), Mirae Asset Global Investments Co. Ltd. (2.25%) and Primecap Management Co. CA (2.22%). Company insiders that own Albemarle stock include Eric Norris, J Kent Masters, John Clarence Barichivich III, Karen G Narwold, Karen G Narwold, Luther C Iv Kissam, Netha N Johnson, Raphael Goszcz Crawford and Scott Tozier.
View institutional ownership trends for Albemarle.

Which major investors are selling Albemarle stock?

ALB stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Discovery Value Fund, First Trust Advisors LP, Cookson Peirce & Co. Inc., Bank of New York Mellon Corp, Main Street Research LLC, American Century Companies Inc., and Group One Trading L.P.. Company insiders that have sold Albemarle company stock in the last year include Eric Norris, John Clarence Barichivich III, Karen G Narwold, Raphael Goszcz Crawford, and Scott Tozier.
View insider buying and selling activity for Albemarle or view top insider-selling stocks.

Which major investors are buying Albemarle stock?

ALB stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FIFTHDELTA Ltd, Wellington Management Group LLP, Invesco Ltd., Twin Tree Management LP, AGF Investments Inc., ProShare Advisors LLC, and Moneta Group Investment Advisors LLC. Company insiders that have bought Albemarle stock in the last two years include J Kent Masters, and Netha N Johnson.
View insider buying and selling activity for Albemarle or or view top insider-buying stocks.

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.
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What is Albemarle's stock price today?

One share of ALB stock can currently be purchased for approximately $236.33.

How much money does Albemarle make?

Albemarle has a market capitalization of $27.68 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..

When was Albemarle founded?

Albemarle was founded in 1994.

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, via email at [email protected], or via fax at 225-388-7686.