ALB - Albemarle Corporation

NYSE - NYSE Delayed Price. Currency in USD
84.97
-2.97 (-3.38%)
At close: 4:02PM EST
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Previous Close87.94
Open87.07
Bid83.25 x 1300
Ask87.46 x 1100
Day's Range84.01 - 87.64
52 Week Range84.01 - 138.67
Volume1,719,894
Avg. Volume1,406,677
Market Cap9.024B
Beta (3Y Monthly)0.80
PE Ratio (TTM)27.25
EPS (TTM)3.12
Earnings DateFeb 25, 2019 - Mar 1, 2019
Forward Dividend & Yield1.34 (1.52%)
Ex-Dividend Date2018-12-13
1y Target Est121.89
Trade prices are not sourced from all markets
  • Zacks2 days ago

    Albemarle (ALB) Well Placed on Lithium Expansion Actions

    Albemarle (ALB) to gain from strength in the lithium business and expansion actions.

  • Chemicals Start Q4 on Soft Note with Sluggish October Growth
    Zacks2 days ago

    Chemicals Start Q4 on Soft Note with Sluggish October Growth

    Global chemical production rose a paltry 0.1% in October following flat growth a month ago.

  • PR Newswire2 days ago

    Albemarle Announces Definitive Agreement with Mineral Resources Limited to Form Lithium Joint Venture in Western Australia

    CHARLOTTE, N.C., Dec. 14, 2018 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today the signing of an Asset Sale and Share Subscription Agreement (Agreement) with Mineral Resources Limited (MIN.AX) for a wholly-owned subsidiary of Albemarle to acquire a 50 percent interest in MRL's Wodgina hard rock lithium project (Wodgina Project) in Western Australia and form a joint venture with MRL to own and operate the Wodgina Project to produce spodumene concentrate and battery grade lithium hydroxide.

  • Reuters2 days ago

    Mineral Resources and Albemarle agree $1.15 bln lithium deal

    Australia's Mineral Resources on Friday signed a binding deal to sell a stake in its Wodgina Lithium Project and form a lithium joint venture with U.S.-based Albemarle Corp for $1.15 billion. The deal allows Albemarle Corp, the world's top lithium producer, to expand its presence in Australia at a time when demand for lithium is expected to boom. Albemarle will take a 50 percent stake in the joint venture that will own and operate the Wodgina mine and develop a plant producing lithium hydroxide.

  • See what the IHS Markit Score report has to say about Albemarle Corp.
    Markit3 days ago

    See what the IHS Markit Score report has to say about Albemarle Corp.

    This means that investors who seek to profit from falling equity prices are currently targeting ALB. The rate of decline is significant relative to the trend shown over the past year, and is accelerating.

  • Now's the Time to Buy These Stocks
    Motley Fool3 days ago

    Now's the Time to Buy These Stocks

    The world's leading lithium producer and a top water and natural gas utility are looking pretty attractive as 2018 draws to a close.

  • Do Hedge Funds Love Albemarle Corporation (ALB)?
    Insider Monkey3 days ago

    Do Hedge Funds Love Albemarle Corporation (ALB)?

    Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying for a while now that the current market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the fourth quarter, […]

  • Barrons.com6 days ago

    Oil, Energy Stocks Fall as the Dow Inches Higher

    Global equities were lower this morning, and U.S. futures were initially weaker too. Yet all three major stock indexes recovered, inching tentatively into the green.

  • Exclusive: Albemarle pushes Chile to reverse lithium quota decision - filings
    Reuters10 days ago

    Exclusive: Albemarle pushes Chile to reverse lithium quota decision - filings

    SANTIAGO/HOUSTON (Reuters) - Albemarle Corp (ALB.N) has launched an aggressive lobbying campaign after Chilean regulators denied its request to boost lithium output, stressing the company's importance to Chile's economy and workers, according to records reviewed by Reuters. The behind-the-scenes moves come even as Albemarle has publicly brushed off worries from analysts and investors about rising regulatory pressure in Chile, home to the world's largest reserves of lithium, a crucial ingredient in electric car batteries and mobile phones. Ellen Lenny-Pessagno, who became Albemarle's Chile country manager in October, met with the Chilean Nuclear Energy Commission (CCHEN) on Nov. 23 to discuss the rejection, according to filings with Chile's lobbyist transparency website that have been previously unreported.

  • Exclusive: Albemarle pushes Chile to reverse lithium quota decision - filings
    Reuters10 days ago

    Exclusive: Albemarle pushes Chile to reverse lithium quota decision - filings

    SANTIAGO/HOUSTON (Reuters) - Albemarle Corp (ALB.N) has launched an aggressive lobbying campaign after Chilean regulators denied its request to boost lithium output, stressing the company's importance to Chile's economy and workers, according to records reviewed by Reuters. The behind-the-scenes moves come even as Albemarle has publicly brushed off worries from analysts and investors about rising regulatory pressure in Chile, home to the world's largest reserves of lithium, a crucial ingredient in electric car batteries and mobile phones. Ellen Lenny-Pessagno, who became Albemarle's Chile country manager in October, met with the Chilean Nuclear Energy Commission (CCHEN) on Nov. 23 to discuss the rejection, according to filings with Chile's lobbyist transparency website that have been previously unreported.

  • Why Should You Add Albemarle (ALB) Stock to Your Portfolio?
    Zacks11 days ago

    Why Should You Add Albemarle (ALB) Stock to Your Portfolio?

    Let's see why Albemarle (ALB) stock is worth buying right now.

  • High Risk-High Reward Lithium Bet Drives Argentina Mining Surge
    Bloomberg11 days ago

    High Risk-High Reward Lithium Bet Drives Argentina Mining Surge

    Rising demand and limited supply have resulted in lithium prices tripling over four years. In response, companies have been scrambling to build new mines, putting Argentina and Chile, two of the world’s largest producers of the mineral, squarely in their sights. Quimica y Minera de Chile SA -- have struggled to obtain licenses to expand.

  • GuruFocus.com11 days ago

    Albemarle: Riding the Lithium Battery Wave

    It's a soft and light metal with unique properties that make it perfect for rechargeable batteries. In addition to playing a crucial role in mobile devices, the element has two relatively new demand drivers in the way of energy storage for electric grids and renewable energy and electric vehicles. The second area is especially interesting considering that an electric vehicle requires roughly 5,000 to 10,000 times as much lithium as a mobile phone and demand for these vehicles is anticipated to increase exponentially in the next 20 years or so.

  • Albemarle: 74% of the Analysts Recommend a ‘Buy’
    Market Realist12 days ago

    Albemarle: 74% of the Analysts Recommend a ‘Buy’

    Analysts’ interest in Albemarle (ALB) has increased compared to the previous three months. Currently, 23 analysts are actively tracking the stock. Among the analysts, 74% recommend a “buy,” 22% recommend a “hold,” and 4% recommend a “sell.” Analysts’ views and recommendations are vital for investors. The recommendations help investors track the stock price movements.

  • Sociedad Quimica y Minera Stock Upgraded: What You Need to Know
    Motley Fool13 days ago

    Sociedad Quimica y Minera Stock Upgraded: What You Need to Know

    To China, a stake in this lithium producer is worth a whole lot more than just $46 a share.

  • Albemarle’s Stock Performance: Can It Rise from Here?
    Market Realist13 days ago

    Albemarle’s Stock Performance: Can It Rise from Here?

    At the beginning of 2018, Albemarle (ALB) reached a high of $137.45 on a closing basis. On a year-to-date basis, Albemarle has declined 24.6% and has underperformed the broader marker S&P 500 (SPY), which has gained 2.4%. FMC (FMC), Sociedad Química y Minera de Chile (SQM), and W.R. Grace (GRA) have declined 12.3%, 25.8%, and 11.1%, respectively.

  • Albemarle: What Institutional Activities Suggest
    Market Realist13 days ago

    Albemarle: What Institutional Activities Suggest

    The 13F filings on September 30 indicate that institutional investors own ~93.4% of Albemarle’s (ALB) outstanding shares. A total of 652 institutions hold Albemarle. Among the institutional holders, 298 increased their positions on Albemarle, 260 reduced their positions, and 94 maintained their positions.

  • Will Albemarle’s Short Interest Come Down?
    Market Realist13 days ago

    Will Albemarle’s Short Interest Come Down?

    On November 15, the short interest data showed that Albemarle’s (ALB) short interest fell marginally compared to the previous report. As of November 15, Albemarle’s short interest as a percentage of its outstanding shares was 11.93%—compared to 12.35% in the previous report. Albemarle’s short interest increased following a report from Morgan Stanley (MS) in February.

  • Better Buy: Albemarle vs. DowDuPont
    Motley Fool14 days ago

    Better Buy: Albemarle vs. DowDuPont

    A strong argument can be made for each specialty-materials leader as a long-term investment. But where's the fun in that?

  • Key Dates: Albemarle’s Fourth-Quarter Dividend
    Market Realist16 days ago

    Key Dates: Albemarle’s Fourth-Quarter Dividend

    On October 30, Albemarle (ALB) announced the key dates for its fourth-quarter dividend. To be eligible for the declared dividend, investors must be shareholders of record at the close on December 14. For the fourth quarter, Albemarle has declared a dividend of $0.335 per share, which indicates no change over the previous quarter.

  • Albemarle’s Dividend Yield Has Risen in 2018
    Market Realist16 days ago

    Albemarle’s Dividend Yield Has Risen in 2018

    At the close on November 29, Albemarle (ALB), one of the biggest lithium producers, had a dividend yield of 1.38%. In comparison, FMC (FMC), W.R. Grace (GRA), and Sociedad Química y Minera de Chile (SQM) have current dividend yields of 0.83%, 1.55%, and 4.6%, respectively. Although Albemarle’s dividend yield rose by 40 basis points compared to the previous year, it still trails its peers including W.R. Grace and Sociedad Química y Minera de Chile.

  • GlobeNewswire16 days ago

    Report: Developing Opportunities within Unifirst, Royal Caribbean Cruises, Albemarle, Tableau Software, Huami, and Johnson & Johnson — Future Expectations, Projections Moving into 2018

    NEW YORK, Nov. 30, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Albemarle Corporation (NYSE:ALB): Immense Growth Potential?
    Simply Wall St.17 days ago

    Albemarle Corporation (NYSE:ALB): Immense Growth Potential?

    On 30 September 2018, Albemarle Corporation (NYSE:ALB) released its earnings update. Generally, analysts seem highly optimistic, with earnings expected to grow by a high double-digit of 93% in the upcoming Read More...

  • Reuters17 days ago

    Albemarle to respect outcome of Chile lithium arbitration -executive

    Albemarle Corp will respect the outcome of an arbitration case Chile is about to file alleging the world's top lithium producer failed to adhere to the terms of a contract drawn up in 2016, an executive said on Wednesday. Chilean state development agency Corfo said earlier this week it will file the arbitration suit by next month. Eric Norris, Albemarle's lithium division president, said the company will abide by the ruling, but added it will not affect the company's growth plans in the country.