how to buy albemarle stock

How to buy shares in Albemarle Corporation.

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• Research the stock. Find the stock by name or ticker symbol – ALB – and research it before deciding if it's a good investment for you.
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Full Answer

Should you hold Albemarle stock?

The consensus among Wall Street equities research analysts is that investors should "hold" Albemarle stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALB, but not buy additional shares or sell existing shares. View analyst ratings for Albemarle or view top-rated stocks.

What is the stock symbol for Albemarle?

Albemarle trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALB.". Albemarle announced a quarterly dividend on Tuesday, October 30th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.335 per share on Wednesday, January 2nd.

What is driving the Albemarle share price higher?

The biggest driving force behind Albemarle is that lithium prices remain near an all-time high, with lithium-ion battery demand remaining very high. Near-term this will continue to add support to its very high lithium prices.

Did Albemarle Corporation stock declare a dividend?

Albemarle declared a quarterly dividend on Monday, October 25th. Investors of record on Friday, December 17th will be given a dividend of $0.39 per share on Monday, January 3rd. This represents a $1.56 annualized dividend and a yield of 0.73%. The ex-dividend date is Thursday, December 16th. View Albemarle's dividend history.

Is Albemarle a publicly traded company?

Albemarle Corporation is a specialty chemicals manufacturing company based in Charlotte, North Carolina....Albemarle Corporation.TypePublic companyTraded asNYSE: ALB S&P 500 componentIndustryChemical industryFounded1994HeadquartersCharlotte, North Carolina , U.S.13 more rows

Is Albemarle a buy or sell?

Albemarle has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 12 buy ratings, 3 hold ratings, and 2 sell ratings.

Is Albemarle Corp a good investment?

Albemarle has a strong track record of revenue growth. Its revenue has grown steadily over more than two and a half decades. Albemarle also generates loads of cash from its operations. Based on its peer-leading performance, its valuation looks attractive.

Why is Albemarle stock dropping?

With a market cap of $6.54 billion, shares of the lithium mining giant have fallen by 33.1% over the past few six months and 55% from its 2017 high. This drop isn't due to investors having a problem with Albemarle as a company but rather was caused by falling lithium prices.

Is Albemarle overvalued?

Because of the relatively depressed year, based on the current TTM valuation metrics, the company will still appear to be overvalued.

What is the best lithium stock?

The Best Lithium Stocks of June 2022Albemarle (ALB) Albemarle is a specialty chemicals company and a leading producer of lithium, bromine and refining catalysts. ... Sociedad Química y Minera de Chile (SQM) ... Lithium Americas Corporation (LAC) ... Piedmont Lithium Limited (PLL) ... Livent Corporation (LTHM) ... Ganfeng Lithium (GNENF)

Is Albemarle a buy Zacks?

See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows

Why is Albemarle stock going up?

Higher lithium prices due to tight market conditions are also supporting its performance. Its bromine business is also gaining from higher demand, a rebound in certain end markets, higher pricing and cost-saving actions. Albemarle is seeing strong demand for flame retardants.

What does the company Albemarle do?

With a history that extends back to 1887, today's Albemarle is a leading global producer of Lithium, Bromine and Catalyst solutions. We think beyond business-as-usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation.

Is lithium a good investment?

When it comes to batteries, lithium is currently the best material available on the market. However, that's not going to last forever. While it might be worth investing in now, new kinds of batteries are already being developed, which will be a better option in the future.

How do I invest in lithium in Nevada?

Investors can't directly invest in lithium since it isn't traded on a stock market exchange and there isn't a futures market with individual investor access. Long-term investors can invest in lithium producers' stocks directly and through exchange-traded funds.

What is lithium price today?

Lithium PriceYearPriceChange2018$16,500.0045%2017$9,100.0018%2016$7,475.0013%2015$6,500.0022%13 more rows

Steps To Buying Or Selling Albemarle Corporation Stocks and Shares

Decide how you want to buy, sell or trade Albemarle Corporation ALB stocks and shares. Do you want to to trade in Albemarle Corporation CFD Stocks, Fractional Albemarle Corporation shares or traditional Albemarle Corporation Stocks.

Buy or Sell Albemarle Corporation (ALB) Stock for 235.17 USD

The highest price Albemarle Corporation stock has been at in the last year is 253.10 USD and its lowest price the last year was 90.07 USD.

How To Buy Or Sell Albemarle Corporation ALB Stocks & Shares

You can purchase Albemarle Corporation shares directly through a brokerage account or one of the various investment applications available. These systems allow you to buy, trade, and keep Albemarle Corporation stocks from the comfort of your own home or smartphone.

Choosing An Albemarle Corporation Stock Broker

When choosing a Albemarle Corporation stock broker, make sure you consider the variety of exchanges that the broker offers through which to buy and sell individual Albemarle Corporation stocks and securities, the commissions and fees charged by the broker for conducting trading in Albemarle Corporation, and what margin rates the broker offers.

Steps to Trading Albemarle Corporation ALB Stocks & Shares

You've opted to purchase Albemarle Corporation ALB stocks and shares. Let's explore what's in store for you before you can declare yourself an Albemarle Corporation ALB stock shareholder. The procedure is same for any company's stock, and we'll use Albemarle Corporation ALB as an example.

How To Buy Sell Or Trade Albemarle Corporation Stock Guide

When it comes to trading, risk is the potential that your Albemarle Corporation investment might fail to deliver any anticipated monetary gains. This could mean receiving lower returns than expected, or losing the original Albemarle Corporation investment itself.

Albemarle Corporation ALB Trading Fees

some Albemarle Corporation stock brokers are currently offering low or no trading fees for trading Albemarle Corporation. There is also no account minimum, but there are a variety of promotional offers that you should be aware of before investing in Albemarle Corporation stock.

What sets Albemarle apart from other lithium producers?

What sets Albemarle apart from some of the more-focused lithium producers is the diversity in its operations. Lithium currently accounts for 37% of its revenue and 46% of its adjusted EBITDA. Its bromine specialties business provides products for fire safety solutions as well as other specialty chemicals.

What is the EBITDA margin of lithium?

Its lithium segment earns an EBITDA margin of 34% for the company, which is high compared to some of its other businesses. So, a growing lithium business can boost the company's margins.

Does Albemarle generate cash?

Albemarle also generates loads of cash from its operations.

Is Albemarle a diversified company?

Albemarle's operations are also geographically diversified. North America accounts for 26% of its revenue, Asia provides 48%, and the Europe/Middle East/Africa region accounts for 24%. This diversification provides it with some cushion when lithium prices are unfavorable or one region is experiencing weakness.

Does Albemarle pay dividends?

Albemarle also pays a modest dividend that at current share prices yields nearly 1%, and has consistently increased its payouts over the years. The recent rise in the stock price has pushed the yield below its historical average level.

How much does Albemarle pay dividends?

Albemarle pays an annual dividend of $1.56 per share and currently has a dividend yield of 0.81%. Albemarle has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Albemarle is 37.86%.

When is Albemarle's dividend?

This represents a $1.56 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, September 16th.

What is Albemarle Corp?

Albemarle Corp. engages in developing, manufacturing, 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: Lithium, Bromine Specialties, and Catalysts. The Lithium segment engages in developing and manufacture of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Catalysts segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC.

What is the dividend payout ratio for Albemarle?

Based on earnings estimates, Albemarle will have a dividend payout ratio of 30.89% next year. This indicates that Albemarle will be able to sustain or increase its dividend. View Albemarle's dividend history.

What is the official website of Albemarle?

The official website for Albemarle is www.albemarle.com.

What is the symbol for Albemarle?

Albemarle trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALB."

What is the P/E ratio of Albemarle?

The P/E ratio of Albemarle is 150.16, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 16.77.

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Albemarle Corp

Albemarle Corp. engages in developing, manufacturing, 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: Lithium, Bromine Specialties, and Catalysts.