ALB - Albemarle Corporation

NYSE - NYSE Delayed Price. Currency in USD
64.30
+0.62 (+0.97%)
At close: 4:02PM EST
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Previous Close63.68
Open64.29
Bid62.51 x 1000
Ask64.97 x 800
Day's Range63.62 - 64.90
52 Week Range58.63 - 93.14
Volume1200760
Avg. Volume1,523,553
Market Cap6.8B
Beta (3Y Monthly)1.65
PE Ratio (TTM)11.96
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.47 (2.31%)
Ex-Dividend Date2019-12-12
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Kimball Electronics, Inc. Announces Election of Directors

    JASPER, Ind., Nov. 07, 2019 -- Kimball Electronics, Inc. (NASDAQ: KE), (the “Company”), today announced the election of two new directors at its Annual Meeting of Share Owners.

  • PR Newswire

    Albemarle Reports Third Quarter Growth

    CHARLOTTE, N.C. , Nov. 6, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the third quarter ended Sept. 30, 2019 . Third Quarter 2019 Highlights (Based on year-over-year ...

  • PR Newswire

    Albemarle Announces Completion of Lithium Joint Venture with Mineral Resources Limited

    CHARLOTTE, N.C., Oct. 31, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that it has closed its transaction with Mineral Resources Limited ("MRL") (MIN.AX) under the Asset Sale and Share Subscription Agreement that was entered into on December 14, 2018, and subsequently amended on August 1, 2019, and the MRL Kemerton Sale and Purchase Agreement that was entered into on August 1, 2019 ("Agreement"). The 60/40 joint venture between Albemarle and MRL, respectively, is named MARBL Lithium Joint Venture ("MARBL").

  • PR Newswire

    Albemarle Corporation Announces Dividend

    CHARLOTTE, N.C., Oct. 29, 2019 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (ALB) announces that it has declared a dividend of $0.3675 per share. The dividend, which has an annualized rate of $1.47, is payable Jan. 2, 2020, to shareholders of record at the close of business as of Dec. 13, 2019. Albemarle Corporation (ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts.

  • PR Newswire

    Albemarle Corporation Announces Preliminary Third Quarter 2019 Financial Results and Provides Revised Full Year 2019 Guidance and 2020 Update

    CHARLOTTE, N.C., Oct. 24, 2019 /PRNewswire/ -- Albemarle Corporation (ALB) announced today that it expects third quarter 2019 diluted earnings per share to be approximately $1.46 and adjusted earnings per share to be $1.53 on net income of approximately $155 million and adjusted EBITDA of approximately $254 million. The Lithium business performance was impacted by discrete items, which more than offset solid results from both the Bromine and Catalysts businesses. The volume shortfall impacted the third quarter by approximately $15 million in EBITDA but is expected to be fully recovered in the fourth quarter.

  • PR Newswire

    Albemarle Corporation to release third quarter 2019 earnings results on Wednesday, Nov. 6, 2019

    Conference call to be held on Nov. 7, 2019 at 9:00 a.m. ET CHARLOTTE, N.C. , Oct. 10, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced ...

  • PR Newswire

    Albemarle Corporation to Attend S&P Global Platts Battery Metals Conference

    CHARLOTTE, N.C. , Sept. 17, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Glen Merfeld , Chief Technical Officer, Lithium, ...

  • PR Newswire

    Albemarle Corporation to Attend Credit Suisse 32nd Annual Basic Materials Conference

    CHARLOTTE, N.C. , Aug. 29, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Scott Tozier , Albemarle Executive Vice President ...

  • PR Newswire

    Albemarle reports second quarter growth and raises full year EPS guidance

    CHARLOTTE, N.C. , Aug. 7, 2019 /PRNewswire/ -- Second quarter 2019 highlights: Net sales were $885.1 million , an increase of 4% over the prior year; earnings were $1.45 per diluted share Adjusted diluted ...

  • PR Newswire

    Albemarle Corporation to host 2019 Investor Day on Thursday, Dec. 12, 2019

    CHARLOTTE, N.C. , Aug. 6, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today its plans to host an Investor Day on Thursday, Dec. ...

  • PR Newswire

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

    CHARLOTTE, N.C., July 31, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today amendments to its transaction with Mineral Resources Limited (MRL) (MIN.AX) under the Asset Sale and Share Subscription Agreement (Agreement) that was entered into on December 14, 2018. Under the revised arrangements, upon closing of the transaction, Albemarle will acquire 60% ownership of MRL's Wodgina hard rock lithium mine  in Western Australia and form a 60-40 joint venture with MRL to operate the mine and battery grade lithium hydroxide production facilities.

  • PR Newswire

    Glenda Minor, Holly Van Deursen Appointed to Albemarle Corporation Board of Directors

    CHARLOTTE, N.C., July 23, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that its Board of Directors has appointed Glenda Minor and Holly Van Deursen to the Board, effective July 23, 2019. Minor will serve as a member of the Board's Audit & Finance Committee and Nominating & Governance Committee, and Van Deursen will serve as a member of the Board's Executive Compensation Committee and Health, Safety & Environment Committee.

  • PR Newswire

    Albemarle Corporation to release second quarter 2019 earnings results on Wednesday, August 7, 2019

    Conference call to be held on August 8, 2019 at 9:00 a.m. ET CHARLOTTE, N.C. , July 11, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced ...

  • GlobeNewswire

    Sparkhound Helps Albemarle® With Complete Digital Transformation To Cloud-Based Communications

    BATON ROUGE, La., June 04, 2019 -- Sparkhound, a leading digital solutions firm providing trusted implementation of cloud services, custom applications, advanced analytics, and.

  • PR Newswire

    Albemarle continues to deliver year over year revenue growth

    CHARLOTTE, N.C. , May 8, 2019 /PRNewswire/ -- First quarter 2019 highlights: First quarter net sales were $832.1 million ; earnings were $1.26 per diluted share Net sales grew 6% and adjusted diluted EPS ...

  • PR Newswire

    Albemarle Corporation Announces Quarterly Dividend

    CHARLOTTE, N.C., May 8, 2019 /PRNewswire/ -- The board of directors of Albemarle Corporation (ALB) announces that it has declared a quarterly dividend of $0.3675 per share. Albemarle Corporation (ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts.

  • Albemarle Chief Information Officer named as 2019 CIO Hall of Fame member
    PR Newswire

    Albemarle Chief Information Officer named as 2019 CIO Hall of Fame member

    CHARLOTTE, N.C., May 2, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, proudly announces that Chief Information Officer (CIO) Patrick Thompson has been named to the 2019 CIO Hall of Fame from IDG's CIO, the executive-level information technology (IT) media brand. CIO's Hall of Fame celebrates outstanding personal and team achievement in IT, honoring the technology executives who, along with significant accomplishments in the field of IT, have all demonstrated substantial business impact and technology vision within one or more organizations and have built exceptional IT organizations. "All of us at Albemarle are extremely proud of Patrick for this well-deserved recognition.

  • PR Newswire

    Albemarle Corporation to Attend Bernstein's 35th Annual Strategic Decisions Conference

    CHARLOTTE, N.C. , April 30, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today Luke Kissam , Albemarle CEO, Scott Tozier , Executive ...

  • PR Newswire

    Albemarle Corporation to Attend UBS Boston Chemicals Conference

    CHARLOTTE, N.C. , April 29, 2019 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today Scott Tozier , Executive Vice President and Chief ...

  • PR Newswire

    Albemarle Corporation to release first quarter 2019 earnings results on Wednesday, May 8, 2019

    Conference call to be held on May 9, 2019 at 9:00 a.m. ET CHARLOTTE, N.C. , April 4, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced ...

  • PR Newswire

    Albemarle Corporation Expects Lithium Volume Shift from Q1; Reaffirms Full Year Guidance

    CHARLOTTE, N.C., March 28, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that its Lithium segment expects a shift of approximately 3,000 – 3,500 metric tons on an LCE basis in volume from Q1 2019 to subsequent quarters in 2019. The volume shortfall in the quarter was primarily due to the timing of customer qualifications of lithium hydroxide from Xinyu II and lithium carbonate from toll manufacturers, as well as production issues at the company's La Negra, Chile, site due to the disruption in the supply of fresh water as a result of the rain event in Chile earlier in the year. Albemarle expects this volume shortfall to be recovered during the remainder of 2019.  As a result, Albemarle reaffirms its full year guidance provided during its Q4 2018 earnings announcement.  Full year adjusted diluted EPS guidance of $6.10 - $6.50 represents a pro forma growth rate of 12% - 20% over 2018.  The company continues to expect the cadence of earnings to ramp through the year as new lithium capacity comes on line.

  • GlobeNewswire

    Smart Money in the Lithium Sector Betting on Future Global Demand

    POINT ROBERTS, Wash. and DELTA, British Columbia, Feb. 27, 2019 -- Investorideas.com, a leading investor news resource covering AI and lithium stocks issues the first article.

  • PR Newswire

    Albemarle Corporation Raises Dividend for 25th Consecutive Year, Continues Commitment to Returning Shareholder Value

    CHARLOTTE, N.C., Feb. 26, 2019 /PRNewswire/ -- The board of directors of Albemarle Corporation (ALB) announced today that it has declared a dividend of $0.3675 per share, an increase of 10 percent over the previous quarterly dividend and representing a rate of $1.47 on an annualized basis. The dividend is payable April 1, 2019, to shareholders of record at the close of business as of March 15, 2019. This increase marks the 25th consecutive year that Albemarle has raised its quarterly dividend.

  • GlobeNewswire

    Charging Ahead with EV Growth Beyond Cars; Lithium-ion Batteries will Continue to Dominate

    Investorideas.com, a global investor news source covering lithium and cleantech stocks issues a snapshot looking at how the EV market is on an exponential growth curve, fuelled by both policy and consumer demand. “China is charging full speed ahead into electric vehicles, on track to sell over 2 million electric vehicles this year, from 1.1 million in 2018,” says Cleantechnia. IDTechEX says the demand for EV trucks and buses has only just started, especially in China.