92.59 -0.97 -1.04%
09:33:25 AM BTT
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On Tuesday morning 07/23/2024 the Albemarle Corp. share started trading at the price of $93.59. Compared to the closing price on Monday 07/22/2024 on BTT of $93.56, this is a gain of 0.03%. There are 117.53 M shares outstanding in Albemarle Corp., which values the company at $10.80 B.
Is Albemarle stock a Buy, Sell or Hold? Albemarle stock has received a consensus rating of buy. The average rating score is and is based on 46 buy ratings, 34 hold ratings, and 13 sell ratings.
What was the 52-week low for Albemarle stock? The low in the last 52 weeks of Albemarle stock was 90.09. According to the current price, Albemarle is 102.78% away from the 52-week low.
What was the 52-week high for Albemarle stock? The high in the last 52 weeks of Albemarle stock was 217.67. According to the current price, Albemarle is 42.54% away from the 52-week high.
What are analysts forecasts for Albemarle stock? The 93 analysts offering price forecasts for Albemarle have a median target of 222.11, with a high estimate of 498.00 and a low estimate of 81.00. The median estimate represents a 41.69 difference from the last price of 92.59.

Albemarle Stock Snapshot

92.48
Bid
10.00
Bid Size
92.59
Ask
5.00
Ask Size
7/23/2024
Date
9:33 AM
Time
490.00
Volume
93.56
Prev. Close
93.59
Open
10.81 B
Market Cap in USD
117.53 M
Number of Shares
92.22
Day Low
93.59
Day High
92.59
90.09
52 Week Low
217.67
52 Week High
92.59
1.60
Dividend in USD
1.11
Dividend Yield
10.81
P/E Ratio
99.56
Free Float in %
13.41
EPS in USD
80.20
Book Value per Share in USD
11.25
Cash Flow per Share in USD

Historical Prices for Albemarle

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Date Open Close Daily High Daily Low
Price change over selected period: 0% 0

Albemarle Analyst Data

Total Analysts: 93
Buy Ratings: 46 Neutral Ratings: 34 Sell Ratings: 13
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 81.00 Median: 222.11 Highest: 498.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Albemarle Analyst Opinions

Date Analyst Rating Price
07/17/24 HSBC
Downgraded to Sell $95
07/12/24 Citigroup Corp.
Maintained Hold $100
07/11/24 Wells Fargo & Co
Downgraded to Hold $100
07/09/24 UBS
Maintained Hold $109
07/09/24 Oppenheimer & Co. Inc.
Maintained Buy $178
07/09/24 Baird Patrick & Co
Maintained Buy $127
06/25/24 Piper Sandler
Maintained Sell $95
06/13/24 UBS
Maintained Hold $124
05/24/24 RBC Capital Markets
Maintained Buy $157
05/07/24 Deutsche Bank
Maintained Hold $140
05/06/24 RBC Capital Markets
Maintained Buy $157
05/02/24 Mizuho
Maintained Hold $128
04/11/24 Wells Fargo & Co
Maintained Buy $145
04/11/24 Berenberg
Upgraded to Buy $160
04/10/24 Citigroup Corp.
Maintained Hold $135
04/10/24 Bank of America Merrill Lynch
Upgraded to Buy $156
03/15/24 Loop Capital
Maintained Buy $162
03/11/24 Morgan Stanley
Maintained Sell $81
03/08/24 Vertical Research
Downgraded to Hold $145
03/07/24 Mizuho
Maintained Hold $112
03/01/24 Wolfe Research
Maintained Hold
02/27/24 Mizuho
Maintained Hold $115
02/16/24 Wells Fargo & Co
Maintained Buy $135
02/16/24 RBC Capital Markets
Maintained Buy $138
02/16/24 Oppenheimer & Co. Inc.
Maintained Buy $188
02/15/24 UBS
Maintained Hold $125
02/09/24 Citigroup Corp.
Downgraded to Hold $120
01/30/24 UBS
Maintained Hold $137
01/23/24 Mizuho
Maintained Hold $130
01/17/24 Oppenheimer & Co. Inc.
Maintained Buy $191
01/11/24 UBS
Maintained Hold $142
01/11/24 Deutsche Bank
Downgraded to Hold $135
12/12/23 Bank of America Merrill Lynch
Upgraded to Hold $149
12/05/23 Piper Sandler
Downgraded to Sell $128
11/07/23 BMO Capital Markets
Maintained Buy $180
11/06/23 RBC Capital Markets
Maintained Buy $163
11/06/23 UBS
Downgraded to Hold $140
11/03/23 Oppenheimer & Co. Inc.
Maintained Buy $308
10/25/23 Piper Sandler
Downgraded to Hold $155
10/18/23 Bank of America Merrill Lynch
Downgraded to Sell $161
10/09/23 RBC Capital Markets
Maintained Buy $260
10/09/23 Wells Fargo & Co
Maintained Buy $210
10/04/23 Citigroup Corp.
Maintained Buy $215
09/08/23 Evercore
Maintained Buy $280
09/01/23 Piper Sandler
Maintained Buy $255
08/08/23 RBC Capital Markets
Maintained Buy $260
08/07/23 Deutsche Bank
Maintained Buy $250
08/04/23 Bank of America Merrill Lynch
Maintained Hold $212
08/04/23 Wells Fargo & Co
Maintained Buy $260
08/04/23 Mizuho
Maintained Hold $227

Albemarle Estimates* in USD

  2024 2025 2026 2027 2028
Revenue 5,721 6,620 7,646 9,757 12,247
Dividend 1.57 1.58 1.69 - -
Dividend Yield (in %) 1.69 % 1.69 % 1.81 % 1.54 % -
EPS 2.51 5.72 7.64 15.94 28.10
P/E Ratio 37.12 16.28 12.18 5.84 3.31
EBIT -372 581 895 2,117 3,597
EBITDA 1,235 1,695 2,100 3,345 4,463
Net Profit 306 757 1,107 1,929 3,296
Net Profit Adjusted 303 720 969 1,929 3,296
Pre-Tax Profit -144 372 679 1,796 3,346
Net Profit (Adjusted) -297 419 894 - -
EPS (Non-GAAP) ex. SOE 2.51 5.72 7.64 15.94 28.10
EPS (GAAP) 3.28 6.24 - 14.31 23.80
Gross Income 755 1,399 1,632 2,846 4,052
Cash Flow from Investing 1,117 -80 6 1,000 -
Cash Flow from Operations 950 1,234 1,792 2,398 3,659
Cash Flow from Financing 1,117 -80 6 1,000 -
Cash Flow per Share 7.59 6.70 8.00 -3.79 -
Free Cash Flow -727 -240 254 1,290 1,659
Free Cash Flow per Share -7.59 -2.68 0.82 - -
Book Value per Share 91.08 91.40 94.96 89.26 -
Net Debt 2,978 3,865 4,324 6,099 -
Research & Development Exp. 80 89 99 110 122
Capital Expenditure 1,701 1,431 1,492 2,011 2,000
Selling, General & Admin. Exp. 655 681 754 938 -
Shareholder’s Equity 11,038 11,555 12,374 14,990 20,831
Total Assets 18,836 19,496 21,491 25,649 -
  Previous Quarter
ending 06/30/24
Current Quarter
ending 09/30/24
Next Quarter
ending 12/31/24
Current Year
ending 12/31/24
Next Year
ending 12/31/25
Earnings Estimates
No. of Analysts 20 19 19 23 23
Average Estimate 0.457 USD 0.411 USD 0.641 USD 2.508 USD 5.717 USD
Year Ago 5.540 USD 2.578 USD -5.263 USD 13.412 USD -
Publish Date 7/31/2024 10/30/2024 2/12/2025 - -
Revenue Estimates
No. of Analysts 17 16 16 23 23
Average Estimate 1,342 USD 1,427 USD 1,589 USD 5,721 USD 6,620 USD
Year Ago 2,370 USD 2,311 USD 2,356 USD 9,617 USD -
Publish Date 7/31/2024 10/30/2024 2/12/2025 - -
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. USD

2023 2022 2021 2020 2019 2018 2017
Sales 9,617.20 7,320.10 3,327.96 3,128.91 3,589.43 3,374.95 3,071.98
Change of sales in % 31.38 119.96 6.36 -12.83 6.35 9.86 14.75
Gross profit on sales 1,201.01 3,085.59 1,008.47 995.55 1,258.78 1,221.06 1,127.18
Gross profit on sales change in % -61.08 205.97 1.30 -20.91 3.09 8.33 16.14
Operating income 241.12 2,501.46 532.66 525.71 685.32 724.31 638.65
Operating income change in % -90.36 369.62 1.32 -23.29 -5.38 13.41 25.31
Income before tax 246.74 2,433.44 133.62 373.52 562.95 794.70 446.80
Income before tax change in % -89.86 1,721.19 -64.23 -33.65 -29.16 77.87 -13.29
Income after tax 1,573.48 2,689.82 123.67 375.76 533.23 693.56 54.85
Income after tax change in % -41.50 2,074.96 -67.09 -29.53 -23.12 1,164.47 -89.22

Balance Sheet in Mio. USD

2023 2022 2021 2020 2019 2018 2017
Total liabilities 8,605.55 7,265.68 5,168.51 5,982.35 5,767.28 3,822.57 3,933.08
Long-term liabilities per share 42.99 38.62 28.15 39.13 41.10 24.99 24.71
Equity 9,665.10 8,190.85 5,805.61 4,468.59 4,093.58 3,759.11 3,817.70
Equity change in % 17.91 41.91 31.79 8.54 9.68 -2.43 -3.18
Balance sheet total 18,270.65 15,456.52 10,974.12 10,450.95 9,860.86 7,581.67 7,750.77
Balance sheet total change in % 18.21 40.85 5.01 5.98 30.06 -2.18 -5.03

Key Data in USD

2023 2022 2021 2020 2019 2018 2017
Sales per share 81.66 62.14 28.56 29.29 33.76 30.83 27.34
P/E ratio (year end quote, basic EPS) 10.81 9.50 220.29 41.93 14.56 12.16 262.02
P/E ratio (year end quote, diluted EPS) 10.81 9.50 220.29 41.93 14.56 12.16 262.02
P/E ratio (year end quote) 10.81 9.50 220.29 41.93 14.56 12.16 262.02
Dividend yield in % 1.11 0.73 0.67 1.04 2.01 1.74 1.00
Equity ratio in % 51.52 51.65 51.26 40.84 39.88 47.29 47.41
Debt ratio in % 47.10 47.01 47.10 57.24 58.49 50.42 50.74

Albemarle Insider Activity

Name Date shares traded shares held Price type (sell/buy) option
OBRIEN JAMES J /KY 06/30/2024 10.00 5,323.00 n/a Buy No
OBRIEN JAMES J /KY 06/30/2024 1,750.00 5,313.00 n/a Buy No
Mummert Mark Richard 05/13/2024 843.00 6,802.00 135.53 Sell No
Sheorey Neal Ravi 02/25/2024 151.00 153.00 121.52 Sell No
Masters J Kent 02/25/2024 3,496.00 76,272.00 121.52 Sell No
Norris Eric 02/25/2024 387.00 33,905.00 121.52 Sell No
Norris Eric 02/25/2024 881.00 33,417.00 121.52 Sell No
Sheorey Neal Ravi 02/25/2024 304.00 304.00 n/a Buy No
Masters J Kent 02/25/2024 7,908.00 79,768.00 n/a Buy No
Norris Eric 02/25/2024 875.00 34,292.00 n/a Buy No
Norris Eric 02/25/2024 1,993.00 34,298.00 n/a Buy No
Johnson Netha N. 02/21/2024 737.00 29,323.00 118.18 Sell No
Fourie Jacobus G. 02/21/2024 280.00 14,490.00 118.18 Sell No
Masters J Kent 02/21/2024 6,464.00 71,860.00 118.18 Sell No
Johnson Netha N. 02/21/2024 1,750.00 30,060.00 n/a Buy No
Fourie Jacobus G. 02/21/2024 956.00 14,770.00 n/a Buy No
Masters J Kent 02/21/2024 17,496.00 78,324.00 n/a Buy No
Coleman Kristin M. 11/06/2023 1,373.00 2,746.00 121.86 Buy No
Seavers Dean 07/02/2023 750.00 7,499.00 n/a Buy No
OConnell Diarmuid B. 07/02/2023 750.00 7,431.00 n/a Buy No
BRLAS LAURIE 07/02/2023 750.00 1,481.00 n/a Buy No
Cramer Ralf Hans 07/02/2023 750.00 1,731.00 n/a Buy No
Wolff Alejandro Daniel 07/02/2023 750.00 10,742.00 n/a Buy No
OBRIEN JAMES J /KY 07/02/2023 750.00 3,563.00 n/a Buy No
Norris Eric 05/09/2023 1,260.00 26,596.00 195.49 Buy No

Albemarle Dividend Calendar

Date Name Dividend *yield Currency
2023 Albemarle Corp. 1.60 1.11 USD
2022 Albemarle Corp. 1.58 0.73 USD
2021 Albemarle Corp. 1.56 0.67 USD
2020 Albemarle Corp. 1.54 1.04 USD
2019 Albemarle Corp. 1.47 2.01 USD
2018 Albemarle Corp. 1.34 1.74 USD
2017 Albemarle Corp. 1.28 1.00 USD
2016 Albemarle Corp. 1.22 1.42 USD
2015 Albemarle Corp. 1.16 2.07 USD
2014 Albemarle Corp. 1.10 1.83 USD
2013 Albemarle Corp. 0.96 1.51 USD
2012 Albemarle Corp. 0.80 1.29 USD
2011 Albemarle Corp. 0.67 1.30 USD
2010 Albemarle Corp. 0.56 1.00 USD
2009 Albemarle Corp. 0.50 1.37 USD
*Yield of the Respective Date

Albemarle Corp. Calendar

Event Estimate Info Date
Earnings Report 0.457 USD Q2 2024 Earnings Release 07/31/2024
Press Conference - 08/01/2024
Earnings Report 0.411 USD Q3 2024 Earnings Release 10/30/2024
Earnings Report 0.641 USD Q4 2024 Earnings Release 02/12/2025
Earnings Report 1.142 USD Q1 2025 Earnings Release 04/30/2025
Earnings Report 1.417 USD Q2 2025 Earnings Release 07/30/2025

Albemarle Corp. Past Events

Event Actual EPS Info Date
Annual General Meeting - Annual General Meeting 05/07/2024

Albemarle Profile

Albemarle Corp. engages in the development, manufacture, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Energy Storage, Specialties, Ketjen, and All Other. The Energy Storage segment develops and manufactures a broad range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. The Specialties segment focuses on optimizing a portfolio of bromine and specialized lithium solutions. The Ketjen segment consists of clean fuels technologies, fluidized catalytic cracking catalysts and additives, and performance catalyst solutions, which is primarily composed of organometallics and curatives. The All Other segment refers only to the FCS business that did not fit into any of the company’s core businesses. The company was founded in 1993 and is headquartered in Charlotte, NC.

Moody’s Daily Credit Risk Score

Risk
  • Low
  • Medium
  • High
4
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Albemarle Shareholder

Owner in %
Freefloat 99.56
The Vanguard Group, Inc. 11.98
Vanguard Group, Inc. (Subfiler) 11.58
Capital Research & Management Co. (Global Investors) 6.02
Capital Research & Management Co. (Global Investors) 5.88
Capital Research & Management Co. (International Investors) 5.06
State Street Corp. 5.05
PRIMECAP Management Co. 3.17
BlackRock Fund Advisors 3.14
Vanguard Total Stock Market ETF 3.14
Templeton Global Advisors Ltd. 3.02
Vanguard 500 Index Fund 2.57
Geode Capital Management LLC 2.29
Norges Bank (13F) 2.22
Government Pension Fund - Global (The) 2.20
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Albemarle Management

Name Job
Jerry Kent Masters Chairman, President & Chief Executive Officer
John Clarence Barichivich Chief Accounting Officer, VP & Controller
Neal R. Sheorey Chief Financial Officer & Executive Vice President
Melissa H. Anderson Chief Human Resources Officer & Senior VP
Maria Brennan Chief Supply Chain Officer
Glen Merfeld Chief Technology Officer & VP-Energy Storage
Glenda J. Minor Independent Director
Mary Lauren Brlas Independent Director
Dean L. Seavers Independent Director
Ralf H. Cramer Independent Director
Holly Ann van Deursen Independent Director
Alejandro D. Wolff Independent Director
Diarmuid B. O'Connell Independent Director
Gerald A. Steiner Independent Director
James J. O'Brien Lead Independent Director
Netha N. Johnson President-Bromine Specialties
Raphael Crawford President-Catalysts
Eric W. Norris President-Lithium
Kristin M. Coleman Secretary, Executive VP & General Counsel
Amy Dunbar Treasurer & Vice President
Meredith H. Bandy VP-Investor Relations & Sustainability