$91
Albemarle is a specialty chemicals business based in the US. Albemarle shares (ALB) are listed on the NYSE and all prices are listed in US Dollars. Albemarle employs 9,000 staff and has a trailing 12-month revenue of around $8.4 billion.
Our top picks for where to buy Albemarle stock
How to buy Albemarle stock
- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – ALB. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Buy Albemarle stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Albemarle stock price (NYSE: ALB)
Use our graph to track the performance of ALB stocks over time.Albemarle shares at a glance
Latest market close | $90.88 |
---|---|
52-week range | $90.32 - $215.19 |
50-day moving average | $111.64 |
200-day moving average | $124.55 |
Wall St. target price | $135.25 |
PE ratio | 33.9891 |
Dividend yield | $1.6 (1.73%) |
Earnings per share (TTM) | $2.76 |
Is it a good time to buy Albemarle stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Albemarle price performance over time
Historical closes compared with the close of $90.88 from 2024-07-24
1 week (2024-07-18) | -3.12% |
---|---|
1 month (2024-06-25) | -2.04% |
3 months (2024-04-25) | -20.96% |
6 months (2024-01-25) | -23.28% |
1 year (2023-07-25) | -57.23% |
---|---|
2 years (2022-07-25) | -60.07% |
3 years (2021-07-25) | 167.91 |
5 years (2019-07-25) | 25.83% |
Is Albemarle stock undervalued or overvalued?
Valuing Albemarle stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Albemarle's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Albemarle's P/E ratio
Albemarle's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, Albemarle shares trade at around 34x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Albemarle's PEG ratio
Albemarle's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5081. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Albemarle's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Albemarle financials
Revenue TTM | $8.4 billion |
---|---|
Gross profit TTM | $3.1 billion |
Return on assets TTM | -2.68% |
Return on equity TTM | 3.86% |
Profit margin | 4.02% |
Book value | $79.11 |
Market Capitalization | $11 billion |
TTM: trailing 12 months
Albemarle share dividends
Dividend payout ratio: 13.14% of net profits
Recently Albemarle has paid out, on average, around 13.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.73% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Albemarle shareholders could enjoy a 1.73% return on their shares, in the form of dividend payments. In Albemarle's case, that would currently equate to about $1.6 per share.
While Albemarle's payout ratio might seem low, this can signify that Albemarle is investing more in its future growth.
Albemarle's most recent dividend payout was on 30 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 September 2024 (the "ex-dividend date").
Have Albemarle's shares ever split?
Albemarle's shares were split on a 2:1 basis on 1 March 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Albemarle shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Albemarle shares which in turn could have impacted Albemarle's share price.
Albemarle share price volatility
Over the last 12 months, Albemarle's shares have ranged in value from as little as $90.32 up to $215.1949. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Albemarle's is 1.575. This would suggest that Albemarle's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Albemarle overview
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Specialties segment provides bromine-based specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; develops and manufactures cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. The Ketjen segment offers clean fuels technologies (CFT), which is composed of hydroprocessing catalysts (HPC) together with isomerization and akylation catalysts; fluidized catalytic cracking (FCC) catalysts and additives; and performance catalyst solutions (PCS), which is composed of organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Frequently asked questions
What percentage of Albemarle is owned by insiders or institutions?Currently 0.336% of Albemarle shares are held by insiders and 96.509% by institutions. How many people work for Albemarle?
Latest data suggests 9,000 work at Albemarle. When does the fiscal year end for Albemarle?
Albemarle's fiscal year ends in December. Where is Albemarle based?
Albemarle's address is: 4250 Congress Street, Charlotte, NC, United States, 28209 What is Albemarle's ISIN number?
Albemarle's international securities identification number is: US0126531013 What is Albemarle's CUSIP number?
Albemarle's Committee on Uniform Securities Identification Procedures number is: 012653101
More guides on Finder
-
How to buy Uranium Energy stock (UEC)
Steps to owning and managing UEC, with 24-hour and historical pricing before you buy.
-
How to buy BHP Group stock (BHP Group Limited)
Steps to owning and managing BHP stock, with 24-hour and historical pricing before you buy.
-
How to buy Sibanye Gold Ltd ADR stock (SBSW)
Steps to owning and managing SBSW, with 24-hour and historical pricing before you buy.
-
How to buy Piedmont Lithium Ltd ADR stock (PLL)
Steps to owning and managing PLL, with 24-hour and historical pricing before you buy.
-
How to buy Hycroft Mining Holding Corporation stock (HYMC)
Steps to owning and managing HYMC, with 24-hour and historical pricing before you buy.
-
How to buy Franco-Nevada Corporation stock (FNV)
Steps to owning and managing FNV, with 24-hour and historical pricing before you buy.
-
How to buy NexGen Energy stock (NXE)
Steps to owning and managing NXE, with 24-hour and historical pricing before you buy.
-
How to buy Uranium Energy stock (UEC)
Steps to owning and managing UEC, with 24-hour and historical pricing before you buy.
-
How to buy POSCO stock (PKX)
Steps to owning and managing PKX, with 24-hour and historical pricing before you buy.
Ask a question