After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
Albemarle Corp. is listed on the NYSE as a member of the Basic Materials sector and is a part of the Specialty Chemicals industry. The current market capitalization of Albemarle Corp. is $13.42B. A total of 1.78 million shares were traded on the day, compared to an average of 3.42M shares.
In the most recent transaction, Coleman Kristin M. bought 1,373 shares of ALB for 121.86 per share on Nov 07 ’23. After the transaction, the EVP, General Counsel now owns 2,746 company shares. In a previous transaction on May 10 ’23, Norris Eric bought 1,260 shares at 195.49 per share. ALB shares that President, Energy Storage owns now total 26,596.
Among the insiders who bought shares, Masters J Kent acquired of 5,470 shares on May 05 ’23 at a per-share price of $181.64. This resulted in the Chairman & CEO holding 51,466 shares of ALB after the transaction. In another insider transaction, Coleman Kristin M. bought 1,373 shares at $182.00 per share on May 05 ’23. Company shares held by the EVP, General Counsel now total 1,373.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Albemarle Corp. pays an annual dividend of $1.60, resulting in a dividend yield of 1.40%, and it has a price to earnings (P/E) ratio of 8.56. ALB’s most recent ex-dividend date was 3/14/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 4/1/2024. Previously, the company paid the dividend on 1/2/2024 with an ex-dividend date of 12/14/2023. The ALB stock dividend was $0.40 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ALB has a high of $247.44 and a low of $106.69.
As of this writing, ALB has an earnings estimate of $0.27 per share for the current quarter. EPS was calculated based on a consensus of 20.0 estimates, with a high estimate of $2.32 per share and a lower estimate of -$0.66. The company reported an EPS of $10.32 in the last quarter
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ALB’s latest balance sheet shows that the firm has $439.27M in Cash & Short Term Investments as of fiscal 2021. There were $2.52B in debt and $1.87B in liabilities at the time. Its Book Value Per Share was $80.20, while its Total Shareholder’s Equity was $5.81B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALB is Buy with a score of 4.00.
