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Albemarle Stock Price, News & Analysis (NYSE:ALB)

$68.14
+0.56 (+0.83 %)
(As of 10/18/2019 06:00 AM ET)
Today's Range
$67.76
Now: $68.14
$69.07
50-Day Range
$59.47
MA: $66.27
$69.75
52-Week Range
$58.63
Now: $68.14
$108.74
Volume518,164 shs
Average Volume1.27 million shs
Market Capitalization$7.22 billion
P/E Ratio12.08
Dividend Yield2.17%
Beta1.64
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$3.37 billion
Cash Flow$7.57 per share
Book Value$35.40 per share

Profitability

Net Income$693.56 million

Miscellaneous

Employees5,900
Market Cap$7.22 billion
Next Earnings Date11/6/2019 (Confirmed)
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 Wednesday, July 24th. Stockholders of record on Friday, September 13th will be given a dividend of $0.3675 per share on Tuesday, October 1st. This represents a $1.47 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Thursday, September 12th. View Albemarle's Dividend History.

How were Albemarle's earnings last quarter?

Albemarle Co. (NYSE:ALB) posted its earnings results on Wednesday, August, 7th. The specialty chemicals company reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.14. The specialty chemicals company earned $885.05 million during the quarter, compared to analysts' expectations of $893.50 million. Albemarle had a return on equity of 15.71% and a net margin of 16.01%. Albemarle's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.36 earnings per share. View Albemarle's Earnings History.

When is Albemarle's next earnings date?

Albemarle is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Albemarle.

How can I listen to Albemarle's earnings call?

Albemarle will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Albemarle updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $6.25-6.65 for the period, compared to the Thomson Reuters consensus estimate of $6.18. The company issued revenue guidance of $3.65-3.85 billion, compared to the consensus revenue estimate of $3.67 billion.

What price target have analysts set for ALB?

19 brokers have issued 12 month price targets for Albemarle's shares. Their predictions range from $39.50 to $128.00. On average, they anticipate Albemarle's stock price to reach $88.00 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets for Albemarle.

What is the consensus analysts' recommendation for Albemarle?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albemarle in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Albemarle.

Has Albemarle been receiving favorable news coverage?

News articles about ALB stock have been trending somewhat negative recently, according to InfoTrie. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Albemarle earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news stories about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Albemarle.

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 number of of institutional and retail investors. Top institutional investors include Commerzbank Aktiengesellschaft FI (0.34%), CIBC Private Wealth Group LLC (0.24%), Robeco Institutional Asset Management B.V. (0.20%), Miller Howard Investments Inc. NY (0.13%), Envestnet Asset Management Inc. (0.07%) and State of Alaska Department of Revenue (0.05%). 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 major investors are selling Albemarle stock?

ALB stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Rothschild Investment Corp IL and Sumitomo Mitsui DS Asset Management Company Ltd. 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 major investors are buying Albemarle stock?

ALB stock was bought by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Commerzbank Aktiengesellschaft FI, CIBC Private Wealth Group LLC, State of Alaska Department of Revenue, Kempner Capital Management Inc., Envestnet Asset Management Inc., Fox Run Management L.L.C. and DNB Asset Management AS. 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 $68.14.

How big of a company is Albemarle?

Albemarle has a market capitalization of $7.22 billion and generates $3.37 billion in revenue each year. The specialty chemicals company earns $693.56 million in net income (profit) each year or $5.48 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:  2.8 out of 5 (star star)
Outperform Votes:  638 (Vote Outperform)
Underperform Votes:  516 (Vote Underperform)
Total Votes:  1,154
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 10/18/2019 by MarketBeat.com Staff

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