Albemarle (ALB) Gets a Hold from Wells Fargo
TipRanks (Wed, 9-Apr 6:48 AM ET)
Chile has 28% more lithium than previous estimates, new study says
Seeking Alpha News (Tue, 8-Apr 6:18 PM ET)
Analysts Offer Insights on Materials Companies: Albemarle (ALB) and Methanex (MEOH)
TipRanks (Mon, 7-Apr 9:00 AM ET)
Albemarle Corporation to Release First Quarter 2025 Earnings Results on Wednesday, April 30, 2025
PRNewswire (Wed, 2-Apr 4:15 PM ET)
Albemarle Announces Quarterly Common Stock Dividend
PRNewswire (Thu, 27-Feb 4:35 PM ET)
China Leverages Rare Metals Monopoly Amid Tech Trade Tensions
Yolowire (Thu, 27-Feb 1:00 PM ET)
Albemarle Corporation to Participate in February 2025 Investor Conferences
PRNewswire (Mon, 17-Feb 4:15 PM ET)
Albemarle Reports Fourth Quarter and Full Year 2024 Results
PRNewswire (Wed, 12-Feb 4:15 PM ET)
Grid Battery Metals Update - Fall 2024 Drilling Results on Its Clayton Valley Lithium Project
ACCESSWIRE (Tue, 21-Jan 7:32 AM ET)
PRNewswire (Thu, 9-Jan 4:15 PM ET)
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
Albemarle trades on the NYSE stock market under the symbol ALB.
As of April 9, 2025, ALB stock price climbed to $51.10 with 1,837,109 million shares trading.
ALB has a beta of 1.75, meaning it tends to be more sensitive to market movements. ALB has a correlation of 0.34 to the broad based SPY ETF.
ALB has a market cap of $6.01 billion. This is considered a Mid Cap stock.
Last quarter Albemarle reported $1 billion in Revenue and -$1.09 earnings per share. This fell short of revenue expectation by $-108 million and missed earnings estimates by -$.42.
In the last 3 years, ALB traded as high as $334.55 and as low as $49.43.
The top ETF exchange traded funds that ALB belongs to (by Net Assets): VTI, VOO, VB, VBR, RSP.
ALB has underperformed the market in the last year with a price return of -60.0% while the SPY ETF lost -2.5%. ALB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -41.1% and -34.2%, respectively, while the SPY returned -15.1% and -13.4%, respectively.
ALB support price is $48.78 and resistance is $52.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALB shares will trade within this expected range on the day.