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Realtime updates for Albemarle Corp [ALB]

Exchange: NYSE Sector: Basic Materials Industry: Chemicals - Specialty
Upcoming Earnings Alert

5 days till quarter result
(amc 2024-05-01)

Expected move: +/- 3.23%

Last Updated26 Apr 2024 @ 10:41

1.35% $ 116.54

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 10:41):

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts...

Stats
Today's Volume 385 694
Average Volume 3.43M
Market Cap 13.70B
EPS $0 ( 2024-02-14 )
Next earnings date ( $0.360 ) 2024-05-01
Last Dividend $0.400 ( 2024-03-14 )
Next Dividend $0 ( N/A )
P/E 8.72
ATR14 $0.217 (0.19%)
Insider Trading
Date Person Action Amount type
2024-02-28 Barichivich John Clarence Iii Buy 535 Common Stock
2024-02-28 Barichivich John Clarence Iii Sell 157 Common Stock
2024-02-28 Barichivich John Clarence Iii Sell 535 Restricted Stock Units
2024-02-28 Norris Eric Buy 1 680 Common Stock
2024-02-28 Norris Eric Sell 743 Common Stock
INSIDER POWER
42.03
Last 100 transactions
Buy: 222 415 | Sell: 92 558

Volume Correlation

Long: -0.20 (neutral)
Short: -0.59 (weak negative)
Signal:(31.632) Neutral

Albemarle Corp Correlation

10 Most Positive Correlations
LUV0.96
GLW0.954
CHPT0.954
FMC0.951
IRT0.95
HCA0.949
WEI0.948
AEVA0.947
VSH0.943
IGN0.941
10 Most Negative Correlations
ANAC-0.966
ACDI-0.964
FPAC-0.959
ESM-UN-0.959
RJAC-0.958
FTEV-0.956
LBRT-0.956
SGG-0.951
AIW-0.95
NFYS-0.95

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Albemarle Corp Correlation - Currency/Commodity

The country flag -0.27
( neutral )
The country flag 0.20
( neutral )
The country flag 0.00
( neutral )
The country flag 0.52
( weak )
The country flag 0.50
( neutral )
The country flag -0.52
( weak negative )

Albemarle Corp Financials

Annual 2023
Revenue: $9.62B
Gross Profit: $1.20B (12.49 %)
EPS: $13.41
FY 2023
Revenue: $9.62B
Gross Profit: $1.20B (12.49 %)
EPS: $13.41
FY 2022
Revenue: $7.32B
Gross Profit: $3.07B (42.00 %)
EPS: $17.44
FY 2021
Revenue: $3.33B
Gross Profit: $997.97M (29.99 %)
EPS: $1.070

Financial Reports:

No articles found.

Albemarle Corp Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.395
(N/A)
$0.395
(N/A)
$0.400
(N/A)
$0.400
(N/A)
$0.400
(N/A)
$0.400
(N/A)
$0.400
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Albemarle Corp Dividend Information - Dividend Knight

Dividend Sustainability Score: 8.76 - good (87.55%) | Divividend Growth Potential Score: 4.96 - Stable (0.77%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.0250 1994-03-17
Last Dividend $0.400 2024-03-14
Next Dividend $0 N/A
Payout Date 2024-04-01
Next Payout Date N/A
# dividends 122 --
Total Paid Out $21.70 --
Avg. Dividend % Per Year 0.70% --
Score 4.84 --
Div. Sustainability Score 8.76
Div.Growth Potential Score 4.96
Div. Directional Score 6.86 --
Next Divdend (Est)
(2024-07-01)
$0.404 Estimate 62.50 %
Dividend Stability
1.00 Excellent
Dividend Score
4.84
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1994 $0.100 1.38%
1995 $0.105 1.51%
1996 $0.125 1.31%
1997 $0.160 1.67%
1998 $0.380 3.16%
1999 $0.200 1.66%
2000 $0.230 2.56%
2001 $0.260 2.22%
2002 $0.270 2.26%
2003 $0.283 1.98%
2004 $0.293 1.93%
2005 $0.310 1.63%
2006 $0.345 1.68%
2007 $0.420 1.17%
2008 $0.480 1.18%
2009 $0.500 2.16%
2010 $0.560 1.47%
2011 $0.670 1.20%
2012 $0.800 1.52%
2013 $0.960 1.49%
2014 $1.100 1.74%
2015 $1.160 1.92%
2016 $1.220 2.20%
2017 $1.280 1.45%
2018 $1.340 1.02%
2019 $1.472 1.88%
2020 $1.540 2.12%
2021 $1.560 1.02%
2022 $1.580 0.67%
2023 $1.600 0.75%
2024 $0.400 0.27%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for NYSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
LOMA Dividend Knight 2023-06-30 Quarterly 2 5.23% 8.53
KIO Dividend Royal 2023-12-14 Monthly 12 7.05% 8.50
NCZ Dividend Royal 2024-02-09 Monthly 22 7.79% 8.50
SCM Dividend King 2023-12-15 Monthly 13 7.08% 8.50
SJT Dividend Royal 2023-11-29 Monthly 39 12.52% 8.50
SRV Dividend Royal 2023-12-04 Monthly 18 7.53% 8.50
VGI Dividend Royal 2024-02-09 Monthly 13 7.36% 8.50
PHK Dividend Royal 2023-11-10 Monthly 22 6.88% 8.50
JQC Dividend Royal 2023-11-14 Monthly 22 6.56% 8.50
PCF Dividend King 2023-12-18 Monthly 38 7.05% 8.50

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1261.5007.4710.00[0 - 0.5]
returnOnAssetsTTM0.06651.2007.789.34[0 - 0.3]
returnOnEquityTTM0.1271.5009.7010.00[0.1 - 1]
payoutRatioTTM0.154-1.0008.46-8.46[0 - 1]
currentRatioTTM1.4650.8007.676.14[1 - 3]
quickRatioTTM0.7650.800-0.204-0.163[0.8 - 2.5]
cashRatioTTM0.2501.5009.7210.00[0.2 - 2]
debtRatioTTM0.224-1.5006.27-9.40[0 - 0.6]
interestCoverageTTM1.7891.000-0.449-0.449[3 - 30]
operatingCashFlowPerShareTTM11.292.006.2410.00[0 - 30]
freeCashFlowPerShareTTM-7.022.00-3.51-7.02[0 - 20]
debtEquityRatioTTM0.435-1.5008.26-10.00[0 - 2.5]
grossProfitMarginTTM0.1251.000-1.255-1.255[0.2 - 0.8]
operatingProfitMarginTTM0.02161.000-1.568-1.568[0.1 - 0.6]
cashFlowToDebtRatioTTM0.3241.0009.319.31[0.2 - 2]
assetTurnoverTTM0.5260.8009.827.86[0.5 - 2]
Total Score8.76

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM11.101.0008.980[1 - 100]
returnOnEquityTTM0.1272.509.8110.00[0.1 - 1.5]
freeCashFlowPerShareTTM-7.022.00-2.34-7.02[0 - 30]
dividendYielPercentageTTM1.3921.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM11.292.006.2410.00[0 - 30]
payoutRatioTTM0.1541.5008.46-8.46[0 - 1]
pegRatioTTM0.1261.500-2.490[0.5 - 2]
operatingCashFlowSalesRatioTTM0.1381.0009.050[0.1 - 0.5]
Total Score4.96

Albemarle Corp

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and 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.

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