Sociedad Química y Minera de Chile - SQM Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sociedad Química y Minera de Chile in the last year. There are currently 2 sell ratings, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SQM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SQM, but not buy additional shares or sell existing shares.
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7 analysts have issued twelve-month target prices for Sociedad Química y Minera de Chile's stock. Their SQM share price forecasts range from $50.00 to $130.00. On average, they expect the company's stock price to reach $97.14 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price.
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Sociedad Química y Minera de Chile's stock was trading at $50.43 at the start of the year. Since then, SQM shares have increased by 87.5% and is now trading at $94.57.
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Sociedad Química y Minera de Chile saw a decrease in short interest in November. As of November 15th, there was short interest totaling 1,530,000 shares, a decrease of 32.0% from the October 31st total of 2,250,000 shares. Based on an average daily volume of 1,680,000 shares, the days-to-cover ratio is presently 0.9 days.
View Sociedad Química y Minera de Chile's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our SQM earnings forecast.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) posted its quarterly earnings results on Wednesday, November, 17th. The basic materials company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.50 by $0.13. The basic materials company had revenue of $661.60 million for the quarter, compared to analyst estimates of $672.17 million. Sociedad Química y Minera de Chile had a trailing twelve-month return on equity of 83.91% and a net margin of 35.53%. During the same period in the previous year, the firm earned $0.28 EPS.

Sociedad Química y Minera de Chile announced a quarterly dividend on Monday, August 22nd. Shareholders of record on Friday, September 30th will be paid a dividend of $1.202 per share on Thursday, September 29th. This represents a $4.81 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for SQM.

Sociedad Química y Minera de Chile (NYSE:SQM) pays an annual dividend of $4.82 per share and currently has a dividend yield of 5.29%. SQM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SQM will have a dividend payout ratio of 31.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SQM.

7 employees have rated Sociedad Química y Minera de Chile Chief Executive Officer Patricio Contesse González on Glassdoor.com. Patricio Contesse González has an approval rating of 59% among the company's employees. This puts Patricio Contesse González in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sociedad Química y Minera de Chile investors own include Albemarle (ALB), Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Energy Transfer (ET), Intel (INTC), Advanced Micro Devices (AMD), QUALCOMM (QCOM) and Tesla (TSLA).

Sociedad Química y Minera de Chile trades on the New York Stock Exchange (NYSE) under the ticker symbol "SQM."

Sociedad Química y Minera de Chile's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.34%), Alliancebernstein L.P. (0.52%), State Street Corp (0.50%), Renaissance Technologies LLC (0.44%), Macquarie Group Ltd. (0.39%) and Vanguard Group Inc. (0.30%).

Shares of SQM stock 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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One share of SQM stock can currently be purchased for approximately $94.57.

Sociedad Química y Minera de Chile (NYSE:SQM) has a market capitalization of $27.01 billion and generates $2.86 billion in revenue each year. The basic materials company earns $585.45 million in net income (profit) each year or $10.78 on an earnings per share basis.

The company employs 6,081 workers across the globe.

Sociedad Química y Minera de Chile's mailing address is EL TROVADOR 4285 6TH FLOOR, SANTIAGO F3, . The official website for the company is www.sqm.com. The basic materials company can be reached via phone at (622) 425-2000, via email at ir@sqm.com, or via fax at 56-22425-2268.