ALB - Albemarle Corporation

NYSE - NYSE Delayed Price. Currency in USD
89.26
+6.45 (+7.79%)
At close: 4:02PM EST

89.26 0.00 (0.00%)
After hours: 6:08PM EST

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Previous Close82.81
Open88.59
Bid88.20 x 800
Ask89.97 x 800
Day's Range85.83 - 92.00
52 Week Range71.89 - 118.83
Volume5,503,529
Avg. Volume1,526,915
Market Cap9.48B
Beta (3Y Monthly)1.11
PE Ratio (TTM)28.63
EPS (TTM)3.12
Earnings DateFeb 25, 2019 - Mar 1, 2019
Forward Dividend & Yield1.34 (1.61%)
Ex-Dividend Date2018-12-13
1y Target Est109.25
Trade prices are not sourced from all markets
  • Stock Market Today: Lithium Lifts Albemarle and Boston Beer Bubbles Higher
    Motley Fool2 hours ago

    Stock Market Today: Lithium Lifts Albemarle and Boston Beer Bubbles Higher

    Major benchmarks fell on concerns about economic growth.

  • Associated Press2 hours ago

    Avis and Jack in the Box rise as Navient, Dominos dip

    Stocks that moved substantially or traded heavily on Thursday: Avis Budget Group Inc., up $5.04 to $34.45 Higher pricing helped boost revenue for the car rental company and its quarterly profit beat forecasts. ...

  • Albemarle Corporation (ALB) Q4 2018 Earnings Conference Call Transcript
    Motley Fool3 hours ago

    Albemarle Corporation (ALB) Q4 2018 Earnings Conference Call Transcript

    ALB earnings call for the period ending December 31, 2018.

  • Lithium Market Cheers as Top Supplier Sees Demand Driving Higher
    Bloomberg4 hours ago

    Lithium Market Cheers as Top Supplier Sees Demand Driving Higher

    Albemarle Corp.’s fourth-quarter earnings topped analysts’ estimates, and it expects global lithium demand to grow 21 percent annually, with the market remaining tight for years as manufacturing of electric cars and large-scale batteries soars. Albemarle said it sees no evidence of a slowdown, with sales of new-energy vehicles doubling in China last year and indications that demand for electric cars will continue to benefit from government incentive programs in the Asian nation. Shares of Tianqi Lithium Corp., the third-largest, posted their highest closing price this year.

  • TheStreet.com6 hours ago

    Albemarle Climbs as Lithium Producer Beats Forecasts

    climbed 5.98% to $87.76 Thursday after the lithium producer beat Wall Street's fourth-quarter earnings and revenue expectations. The company said revenue growth was driven by increased sales volumes and the favorable impact of sales pricing in each of Albemarle's reportable segments. For the year, Albemarle reported profit of $693.6 million, or $6.34 a share, and revenue totaled $3.37 billion.

  • Here's Why Albemarle Rose as Much as 11.1% Today
    Motley Fool6 hours ago

    Here's Why Albemarle Rose as Much as 11.1% Today

    The world's largest lithium producer announced full-year 2018 earnings and provided guidance for the year ahead.

  • Albemarle's (ALB) Earnings & Sales Trounce Estimates in Q4
    Zacks12 hours ago

    Albemarle's (ALB) Earnings & Sales Trounce Estimates in Q4

    Higher sales volumes and favorable pricing drove Albemarle's (ALB) results in Q4. The company provided an upbeat outlook for 2019.

  • Albemarle (ALB) Tops Q4 Earnings and Revenue Estimates
    Zacksyesterday

    Albemarle (ALB) Tops Q4 Earnings and Revenue Estimates

    Albemarle (ALB) delivered earnings and revenue surprises of 4.79% and 3.57%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Pressyesterday

    Albemarle: 4Q Earnings Snapshot

    On a per-share basis, the Charlotte, North Carolina-based company said it had net income of $1.21. Earnings, adjusted for non-recurring costs, came to $1.53 per share. The results beat Wall Street expectations. ...

  • MarketWatchyesterday

    Albemarle stock rises 5% as lithium producer beats forecasts, sees steady demand

    Shares of Albemarle Corp. rose more than 5% in the extended session Wednesday after the lithium producer beat Wall Street expectations for its fourth quarter and called for sales and profit growth this year. Albemarle earned $129.6 million, or $1.21 a share, versus a loss of $218.4 million, or $1.95 a share, in the fourth quarter of 2017. Adjusted for one-time items, Albemarle earned $163.7 million, or $1.53 a share, compared with $149.8 million, or $1.34 a share, a year ago. Revenue rose to $921.7 million, compared with $857.8 million a year ago. Analysts polled by FactSet had expected adjusted earnings of $1.47 a share on sales of $895 million. Albemarle said it expects sales between $3.65 billion and $3.85 billion, and adjusted profit between $6.10 a share and $6.50 a share for 2019. "Our growth will be driven by increased volume in our core lithium business," while other businesses will be flat, the company said. "We are not forecasting any significant macroeconomic headwinds and have not seen any decline in our customer demand forecasts."

  • Reutersyesterday

    Albemarle bullish on lithium outlook after 4th quarter profit

    Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries. The forecast for sales growth of up to 14 percent this year comes as anxiety grows among some investors that the race to supply lithium for batteries and other materials could flood the market, hurting profits by decreasing prices. Albemarle said it expects 2019 sales of $3.65 billion to $3.85 billion.

  • Reutersyesterday

    Albemarle swings to quarterly profit on rising lithium sales

    Albemarle Corp, the world's largest lithium producer, said on Wednesday it swung to a quarterly profit due to rising sales and prices for the white metal used to make electric car batteries. The company ...

  • PR Newswireyesterday

    Albemarle ends 2018 strong; projecting continued growth in 2019

    CHARLOTTE, N.C. , Feb. 20, 2019 /PRNewswire/ -- Fourth quarter 2018 highlights: Fourth quarter net sales were $921.7 million , an increase of 7% over the prior year; earnings were $129.6 million , or $1.21 ...

  • Benzingayesterday

    A Preview Of Albemarle's Q4 Earnings

    On Wednesday, Albemarle (NYSE: ALB ) will release its latest earnings report. Benzinga's outlook for Albemarle is included in the following report. Earnings and Revenue Analysts covering Albemarle modeled ...

  • Praxair to Double the Neosho Plant’s Capacity
    Market Realist2 days ago

    Praxair to Double the Neosho Plant’s Capacity

    Update on Chemical Companies Last Week(Continued from Prior Part)Praxair announced an expansionOn February 11, Praxair, the wholly owned subsidiary of Linde (LIN), announced that it will double the capacity of the plant in Neosho, Missouri. The

  • Can Albemarle (ALB) Maintain Earnings Beat Streak in Q4?
    Zacks3 days ago

    Can Albemarle (ALB) Maintain Earnings Beat Streak in Q4?

    Albemarle (ALB) will likely gain from higher expected volumes and pricing in its lithium business in Q4.

  • FOMC minutes, Walmart earnings – What to know in the week ahead
    Yahoo Finance4 days ago

    FOMC minutes, Walmart earnings – What to know in the week ahead

    The release of the Federal Reserve's meeting minutes Wednesday will be a focal point this week.

  • Could Albemarle Corporation Be a Millionaire Maker Stock?
    Motley Fool5 days ago

    Could Albemarle Corporation Be a Millionaire Maker Stock?

    Lithium is driving the price of Albemarle lower, but it could still end up turning the stock into a millionaire maker

  • Charlotte's Women In Business: Tina Craft
    American City Business Journals7 days ago

    Charlotte's Women In Business: Tina Craft

    Tina Craft, vice president of commercial operations at Albemarle Corp., is a 2019 honoree in the CBJ’s Women in Business awards program.

  • How Financially Strong Is Allgäuer Brauhaus AG (MUN:ALB)?
    Simply Wall St.7 days ago

    How Financially Strong Is Allgäuer Brauhaus AG (MUN:ALB)?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! While small-cap stocks, such as Allgäuer BrauhausRead More...

  • Albemarle (ALB) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks8 days ago

    Albemarle (ALB) Reports Next Week: Wall Street Expects Earnings Growth

    Albemarle (ALB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Albemarle (ALB) Stock Sinks As Market Gains: What You Should Know
    Zacks10 days ago

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

    Albemarle (ALB) closed at $80.86 in the latest trading session, marking a -0.19% move from the prior day.

  • Intrinsic Calculation For Albemarle Corporation (NYSE:ALB) Shows Investors Are Overpaying
    Simply Wall St.10 days ago

    Intrinsic Calculation For Albemarle Corporation (NYSE:ALB) Shows Investors Are Overpaying

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! I am going to run you throughRead More...

  • Albemarle: Citibank Downgraded It to ‘Neutral’
    Market Realist15 days ago

    Albemarle: Citibank Downgraded It to ‘Neutral’

    Albemarle: Citibank Downgraded It to 'Neutral'Citibank downgraded Albemarle On February 5, Citibank downgraded Albemarle (ALB) from “buy” to “neutral” and reduced the target price to $81 from the previous target price of $90. Citibank stated

  • GlobeNewswire15 days ago

    The Battery Race in the US and How Lithium Plays a Leading Role  

    On Monday, February 4th, investors were charged up as Maxwell Technologies, Inc. (Nasdaq:MXWL), a developer and manufacturer of energy solutions announced it has entered into an agreement to be acquired at $4.75 per share by electric car company, Tesla, Inc. (Nasdaq:TSLA). "We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Dr. Franz Fink, President and Chief Executive Officer of Maxwell.