76.80 0.00 (0.00%)
After hours: 6:08PM EDT
|Bid||76.77 x 800|
|Ask||77.40 x 1000|
|Day's Range||76.68 - 79.68|
|52 Week Range||71.89 - 108.74|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||12.11|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||1.47 (1.79%)|
|1y Target Est||106.21|
After a terrible year in 2018, lithium is about to make a major comeback, and new mining technology is unearthing the precious battery metal faster than ever before
The top three lithium producers lost almost a billion dollars in combined market-value after Umicore SA, a producer of metal products and catalysts used in vehicles, among other uses, warned that it will miss analysts’ profit estimates due to slowing slowing demand for electric vehicles in China and South Korea. Lithium giant Albemarle Corp.’s shares took the largest hit, down as much as 5.5 percent as it counts Umicore among its top three customers. Peer Livent Corp. declined 3.8 percent and Sociedad Quimica y Minera de Chile SA’s ADRs tumbled as much as 3.6 percent.
Albemarle (ALB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The global copper industry will be rocked by more disruptions this year than in 2018, contributing to a supply deficit as demand for the red metal continues to grow, the top executive of Chilean miner Antofagasta told Reuters. Antofagasta CEO Ivan Arriagada said labor strife, extreme weather and unexpected project delays will knock as much as a million tonnes off the year's total copper production, versus 600,000 the previous year. "We think this year there will be bigger disruptions than last, which was unusually tranquil," said Arriagada in an interview on the sidelines of CRU's World Copper Conference in Santiago.
A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Albemarle Corporation (NYSE:ALB) is a stock with outstanding fundamental characteristics. When we build an investmen...
As a value expert, John Buckingham sees opportunities that others might miss; the editor of The Prudent Speculator highlights a chemicals firm with electric vehicle exposure and a cardboard maker that can benefit from e-commerce.
Stocks that generate consistently rising dividends bolster retirement accounts by providing income that keeps pace with inflation. A group of high-quality dividend stocks known as Dividend Aristocrats have delivered on the promise of reliable income growth for quite some time.The most commonly known group of Aristocrats are the S&P; 500 Dividend Aristocrats - Standard & Poor's 500-stock index components that have produced at least 25 consecutive years of annual distribution increases.Dividend Aristocrats offer other benefits, too. Dividend Aristocrats often boast steady financial performance, making them less risky than other equities. The S&P; 500 Dividend Aristocrats also have outperformed the S&P; 500 over time - by almost 2 percentage points annually on average over the past decade. Much of that outperformance comes during market downturns, making them great stocks for riding out periods of turbulence.This reliability comes at a cost. Many Dividend Aristocrats have become overcrowded, trading at premium prices and depressed yields. But investors have another way to capture steadily rising dividends at a more affordable price: Identify companies that are close to joining the Aristocracy - they still boast decades of dividend growth, but haven't grabbed Wall Street's attention quite yet.Here are 11 high-quality dividend stocks that aren't quite yet S&P; 500 Dividend Aristocrats - but could be given a little more time. Some of these are S&P; 500 companies that are within a few years of the 25-year benchmark. Others are smaller stocks that are near, at or even past the 25-year mark, but must ascend to the ranks of the S&P; 500 to qualify. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding in the United States and investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. China already dominates the electric vehicle supply chain. It produces nearly two-thirds of the world's lithium-ion batteries - compared to 5 percent for the United States - and controls most of the world's lithium processing facilities, according to data from Benchmark Minerals Intelligence, which tracks prices for lithium and other commodities and is organizing the Washington, D.C., event.
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 ...
On CNBC's "Mad Money Lightning Round" , Jim Cramer said it seems the supply for lithium is overwhelming the demand so he would take a pass on Albemarle Corporation (NYSE: ALB ). Cramer is a believer ...
Albemarle Corp NYSE:ALBView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderately high for ALB with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding ALB are favorable, with net inflows of $9.77 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Albemarle (ALB) expects adjusted Q1 EPS in the range of $1.20-$1.25. However, the company has reaffirmed its 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.
Lithium stocks have been volatile in recent years, though the electric vehicle revolution means that demand for the metal should be strong for many years.
Interested in lithium stocks? This face-off should help you make investment decisions in this space, whose growth is being driven by the increasing popularity of EVs.
Chile's Antofagasta expects to reach an agreement with miner BHP to help ensure water supply at its Zalidvar copper mine in the country's northern desert, a company official told a Chilean newspaper on Friday. Antofagasta needs access to water for the future development of its Zaldivar copper deposit, which is near BHP's Escondida mine, the world's largest copper mine. Zaldivar's size, however, does not justify investing in its own desalination plant to bring water in from the Pacific ocean, Antofagasta has said.
Albemarle (ALB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.