ALB - Albemarle Corporation

NYSE - NYSE Delayed Price. Currency in USD
99.20
+1.13 (+1.15%)
At close: 4:02PM EST

99.65 +0.45 (0.45%)
After hours: 4:33PM EST

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Previous Close98.07
Open98.38
Bid97.15 x 800
Ask101.30 x 1200
Day's Range98.33 - 100.93
52 Week Range86.75 - 139.62
Volume1,448,529
Avg. Volume1,445,515
Market Cap10.536B
Beta (3Y Monthly)0.83
PE Ratio (TTM)31.82
EPS (TTM)3.12
Earnings DateNov 6, 2018 - Nov 12, 2018
Forward Dividend & Yield1.34 (1.31%)
Ex-Dividend Date2018-12-13
1y Target Est125.45
Trade prices are not sourced from all markets
  • Reuters3 minutes ago

    Chilean regulators reject Albemarle's plans to boost lithium output

    Chilean environmental regulators have rejected plans by Albemarle Corp (ALB.N), the world's top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile's Environmental Assessment Service (SEA). SEA said in a resolution on Monday that Albemarle's environmental impact statement, which included plans to build a new plant to produce 42,500 tonnes of lithium carbonate in northern Chile, lacked key information to gauge the project's impact, prompting an "early termination" of its review. "The applicant [Albemarle] does not present the details necessary to rule out significant adverse impacts on the quantity and quality of renewable natural resources, including the soil, water and air," the regulator concluded in the Nov. 12 resolution, which was first reported by Reuters.

  • Reuters7 minutes ago

    Chilean regulators reject Albemarle's plans to boost lithium output

    Chilean environmental regulators have rejected plans by Albemarle Corp, the world's top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile's Environmental Assessment Service (SEA). SEA said in a resolution on Monday that Albemarle's environmental impact statement, which included plans to build a new plant to produce 42,500 tonnes of lithium carbonate in northern Chile, lacked key information to gauge the project's impact, prompting an "early termination" of its review.

  • What Drove APD’s Industrial Gases–Asia Segment’s Revenues?
    Market Realistyesterday

    What Drove APD’s Industrial Gases–Asia Segment’s Revenues?

    Air Products and Chemicals’ (APD) Industrial Gases–Asia segment accounted for 27.5% of the company’s total revenues in the fourth quarter. The segment expanded by 2.4 percentage points YoY (year-over-year) from 25.1% in the fourth quarter of 2017. The segment reported revenues of $633 million in the fourth quarter compared to $552.2 million in the fourth quarter of 2017—14.6% growth YoY.

  • APD’s Industrial Gases–Americas Segment’s Margins Fell
    Market Realist4 days ago

    APD’s Industrial Gases–Americas Segment’s Margins Fell

    Air Products and Chemicals’ (APD) Industrial Gases–Americas segment was the company’s largest revenue contributor in the fourth quarter. The Industrial Gases–Americas segment’s revenues continued to increase on a sequential basis for the third consecutive quarter. In the fourth quarter, Air Products and Chemicals’ Industrial Gases–Americas segment reported an operating income of $251.3 million, which implies a decline of ~5.1% YoY.

  • Lithium Giant Staying Nimble in Fickle Car-Battery Market
    Bloomberg5 days ago

    Lithium Giant Staying Nimble in Fickle Car-Battery Market

    Albemarle Corp. will halt plans to expand its lithium carbonate production in Chile, the company said on Thursday. Instead, it will plow funding into a Western Australia project that produces lithium hydroxide, a rarer form of the metal that’s growing in use and currently sells for higher prices than the carbonate form. Lithium hydroxide works better with cathodes containing higher levels of nickel, helping cars go further on a single charge.

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of ALB earnings conference call or presentation 8-Nov-18 2:00pm GMT

    Q3 2018 Albemarle Corp Earnings Call

  • Reuters5 days ago

    Albemarle freezes Chile expansion plans in wake of lithium tech scrutiny

    Albemarle Corp on Thursday defended a previously announced process it has said could boost lithium production in Chile but at the same time postponed two expansion projects in the country that would have needed the new technology to be successful. The move raises further questions about just what Albemarle, the world's largest lithium producer, has developed and how it could work. Albemarle said last year it had developed a process that would more than triple its lithium output in Chile without using more water, in what would be a tantalizing development for the arid region where the white metal is produced.

  • Albemarle Corp (ALB) Q3 2018 Earnings Conference Call Transcript
    Motley Fool5 days ago

    Albemarle Corp (ALB) Q3 2018 Earnings Conference Call Transcript

    ALB earnings call for the period ending September 30, 2018.

  • Albemarle’s Q3 Earnings Beat the Expectations, Top Line Missed
    Market Realist5 days ago

    Albemarle’s Q3 Earnings Beat the Expectations, Top Line Missed

    Albemarle (ALB) announced its third-quarter earnings after the market closed on November 7. The company reported an adjusted EPS of $1.31 in the third quarter—an increase of 21.3% on a year-over-year basis. In the third quarter of 2017, Albemarle reported an adjusted EPS of $1.08. The adjusted EPS excluded non-recurring and other unusual items amounting to $0.13 per share and $0.02 per share related to the pension.

  • Benzinga5 days ago

    Jim Cramer Shares His Thoughts On Albermarle, Cisco And More

    Jim Cramer said on CNBC's "Mad Money Lightning Round"  he likes Albemarle Corporation (NYSE: ALB ), even after it moved higher. He added that the numbers were terrific. Cramer can't say if the ...

  • Albemarle (ALB) Q3 Earnings Top Estimates, Revenues Lag
    Zacks5 days ago

    Albemarle (ALB) Q3 Earnings Top Estimates, Revenues Lag

    Higher lithium prices and gains across Bromine Specialties and Catalysts units drove Albemarle's (ALB) Q3 earnings.

  • Albemarle (ALB) Surpasses Q3 Earnings Estimates
    Zacks6 days ago

    Albemarle (ALB) Surpasses Q3 Earnings Estimates

    Albemarle (ALB) delivered earnings and revenue surprises of 4.80% and -3.31%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Reuters6 days ago

    Albemarle profit rise beats forecasts on lithium price hikes

    Albemarle Corp, the world's largest lithium producer, on Wednesday posted quarterly profit that rose more than expected due in part to price hikes, though unexpected production problems cut its output of the white metal. Albemarle has been striving to boost production and prices of lithium, a vital material in making electric vehicle batteries. It has dedicated profit from its two other chemical divisions to bolster lithium operations.

  • Associated Press6 days ago

    Albemarle: 3Q Earnings Snapshot

    The Charlotte, North Carolina-based company said it had profit of $1.20 per share. Earnings, adjusted for non-recurring costs, came to $1.31 per share. The results surpassed Wall Street expectations. The ...

  • Reuters6 days ago

    Albemarle quarterly profit up 9 pct on lithium price hikes

    Albemarle Corp, the world's largest lithium producer, said on Wednesday its quarterly profit rose 9 percent due in part to price hikes. The company posted third-quarter net income of $129.7 million, or ...

  • PR Newswire6 days ago

    Albemarle delivers revenue growth for the 11th consecutive quarter

    CHARLOTTE, N.C. , Nov. 7, 2018 /PRNewswire/ -- Third quarter 2018 highlights: Third quarter net sales were $777.7 million , an increase of 3% over the prior year; earnings were $129.7 million , or $1.20 ...

  • Benzinga6 days ago

    Q3 Earnings Preview For Albemarle

    On Wednesday, Nov. 7, Albemarle (NYSE: ALB ) will release its latest earnings report. Benzinga's outlook for Albemarle is included in the following report. Earnings and Revenue Wall Street analysts see ...

  • DowDuPont’s Specialty Products Segment EBITDA Rose in Q3
    Market Realist6 days ago

    DowDuPont’s Specialty Products Segment EBITDA Rose in Q3

    The segment reported revenue of $5.68 billion as compared to $5.27 billion in Q3 2017. The reported revenue implies growth of 7.8% on a year-over-year basis. The segment’s revenue growth was driven by higher volumes, which grew 3%, and positive pricing pushed the segment’s revenue by 2%, while the portfolio mix pushed the segment’s revenue growth by 3%.

  • Reuters6 days ago

    Albemarle's claim to unique lithium technology draws scrutiny

    NEWPORT BEACH, Calif./SANTIAGO, Nov 7 (Reuters) - Albemarle Corp's claim to have developed a unique process that would more than triple its lithium production from Chile's Atacama desert without using more water is drawing increased scrutiny from regulators and investors pushing for more details. The development could help Albemarle cement its position as the world's largest lithium company, just as global demand for the light metal is spiking for use in batteries that power electric vehicles and consumer goods. The lack of clarity over the issue prompted Chile's nuclear commission, which oversees the sale and export of lithium in Chile, to deny Albemarle's request to increase its production quota for the white metal.

  • Simply Wall St.7 days ago

    Why Albemarle Corporation’s (NYSE:ALB) High P/E Ratio Isn’t Necessarily A Bad Thing

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Albemarle Corporation’s (NYSE:ALB) P/E ratio and reflect on what Read More...

  • Investopedia8 days ago

    3 Specialty Chemical Stocks for the Trader's Lab

    Learn why the U.S. chemical industry has a favorable outlook, and explore three specialty chemical stocks that offer current trading opportunities.

  • Can Albemarle (ALB) Beat Earnings in Q3 on Lithium Strength?
    Zacks8 days ago

    Can Albemarle (ALB) Beat Earnings in Q3 on Lithium Strength?

    Albemarle (ALB) is likely to gain from favorable pricing and volume trends in its Lithium segment in Q3.

  • Albemarle (ALB) Gains As Market Dips: What You Should Know
    Zacks11 days ago

    Albemarle (ALB) Gains As Market Dips: What You Should Know

    In the latest trading session, Albemarle (ALB) closed at $106.44, marking a +0.97% move from the previous day.