Albemarle/ALB

$111.99

-2.1%
-
1D1W1MYTD1YMAX

About Albemarle

Albemarle Corporation is engaged in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. The Company is a global developer, manufacturer, and marketer of specialty chemicals. Its segments include Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. Its Specialties business optimizes its portfolio of bromine and highly specialized lithium solutions. Its Specialties business serves a variety of industries, including energy, mobility, connectivity, and health. Specialty products are essential in both internal combustion and electric vehicles, from high-voltage cables and powertrains to airbags and tires. Its three main product lines in its Ketjen segment are clean fuels technologies (CFT), fluidized catalytic cracking (FCC) catalysts and additives, and performance catalyst solutions (PCS).

Ticker

ALB

Sector

Basic Materials

Trading on

NYSE

Industry

Chemical Manufacturing

CEO

Jerry Masters

Employees

9,000

Headquarters

Charlotte, United States

Albemarle Metrics

BasicAdvanced
$14.16B
Market cap
9.04
P/E ratio
$13.34
EPS
1.65
Beta
$2.00
Dividend rate
1.33%
Dividend yield
$14.16B
1.65303
$247.44
$106.69
3.51M
$2.00
1.465
0.858
37.621
44.27
11.93%
4.08%
-1.09%
18.09%
-1.36%
9.036
1.473
1.502
1.883
0.99%
1.66%
1.33%
31.38%
-41.57%
45.4%
56.02%
9.43%

What the Analysts think about Albemarle

Analyst Ratings

Majority rating from 28 analysts.
Buy

Price Targets

Average projection from 24 analysts.
33.35% upside
High $216.00
Low $81.00
$111.99
Current price
$149.34
Average price target

Albemarle Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-26.21% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$2.36B
1.97%
Net income
$-617.6M
-304.17%
Profit margin
-26.21%
-300.23%

Albemarle Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 83.45%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$10.32
$7.33
$2.74
$1.85
-
Expected
$7.03
$4.44
$3.99
$1.01
$0.26
Surprise
46.86%
65.2%
-31.3%
83.45%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Albemarle stock?

Albemarle (ALB) has a market cap of $14.16B as of April 19, 2024.

What is the P/E ratio for Albemarle stock?

The price to earnings (P/E) ratio for Albemarle (ALB) stock is 9.04 as of April 19, 2024.

Does Albemarle stock pay dividends?

Yes, the Albemarle (ALB) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $1.995 and the yield is 1.33%. Albemarle has a payout ratio of 11.93% on a trailing twelve-month basis.

When is the next Albemarle dividend payment date?

The next Albemarle (ALB) dividend payment date is unconfirmed.

What is the beta indicator for Albemarle?

Albemarle (ALB) has a beta rating of 1.65. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Albemarle stock price target?

The target price for Albemarle (ALB) stock is $149.34, which is 33.58% above the current price of $111.8. This is an average based on projections from 24 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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