Q2 Earnings Forecast for Albemarle Issued By Scotiabank

Albemarle Co. (NYSE:ALB) – Equities researchers at Scotiabank issued their Q2 2025 earnings per share estimates for shares of Albemarle in a research note issued to investors on Monday, May 5th. Scotiabank analyst B. Isaacson expects that the specialty chemicals company will post earnings of ($0.16) per share for the quarter. Scotiabank has a “Sector Perform” rating and a $65.00 price objective on the stock. The consensus estimate for Albemarle’s current full-year earnings is ($0.04) per share.

Albemarle (NYSE:ALB) last issued its quarterly earnings results on Wednesday, April 30th. The specialty chemicals company reported ($0.18) earnings per share for the quarter, topping the consensus estimate of ($0.62) by $0.44. Albemarle had a negative return on equity of 1.72% and a negative net margin of 21.93%. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period in the prior year, the firm earned $0.26 earnings per share. The firm’s revenue for the quarter was down 20.9% on a year-over-year basis.

ALB has been the topic of a number of other reports. UBS Group dropped their price target on Albemarle from $86.00 to $64.00 and set a “neutral” rating on the stock in a research report on Monday, April 7th. Royal Bank of Canada dropped their price target on shares of Albemarle from $133.00 to $114.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Wells Fargo & Company decreased their target price on shares of Albemarle from $80.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, April 9th. Clarkson Capital initiated coverage on shares of Albemarle in a report on Tuesday, January 14th. They set a “buy” rating and a $112.00 price target on the stock. Finally, Evercore ISI lowered shares of Albemarle from an “outperform” rating to an “inline” rating in a report on Wednesday, February 5th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $92.43.

Albemarle Trading Down 2.4 %

NYSE:ALB opened at $56.11 on Wednesday. Albemarle has a one year low of $49.43 and a one year high of $137.50. The company’s 50-day simple moving average is $65.16 and its 200 day simple moving average is $83.49. The firm has a market capitalization of $6.60 billion, a P/E ratio of -5.01 and a beta of 1.71. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.95 and a quick ratio of 1.19.

Hedge Funds Weigh In On Albemarle

Several large investors have recently made changes to their positions in the business. Pacer Advisors Inc. lifted its holdings in Albemarle by 71.5% in the 4th quarter. Pacer Advisors Inc. now owns 14,948 shares of the specialty chemicals company’s stock worth $1,287,000 after purchasing an additional 6,234 shares in the last quarter. Bristlecone Advisors LLC boosted its position in shares of Albemarle by 20.5% during the fourth quarter. Bristlecone Advisors LLC now owns 28,824 shares of the specialty chemicals company’s stock worth $2,481,000 after acquiring an additional 4,899 shares during the last quarter. Waldron Private Wealth LLC grew its stake in Albemarle by 172.1% during the fourth quarter. Waldron Private Wealth LLC now owns 6,405 shares of the specialty chemicals company’s stock valued at $554,000 after acquiring an additional 4,051 shares in the last quarter. Leibman Financial Services Inc. increased its holdings in Albemarle by 50.5% in the 4th quarter. Leibman Financial Services Inc. now owns 38,964 shares of the specialty chemicals company’s stock valued at $3,354,000 after acquiring an additional 13,075 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of Albemarle during the 4th quarter valued at about $218,000. 92.87% of the stock is currently owned by hedge funds and other institutional investors.

Albemarle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be paid a $0.405 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.62 dividend on an annualized basis and a yield of 2.89%. Albemarle’s payout ratio is presently -14.57%.

Albemarle Company Profile

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.