If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,400 Today

7/11/24 12:32:06 PM ET

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Albemarle (NYSE:ALB) has outperformed the market over the past 20 years by 1.3% on an annualized basis producing an average annual return of 9.67%. Currently, Albemarle has a market capitalization of $11.44 billion.

Buying $1000 In ALB: If an investor had bought $1000 of ALB stock 20 years ago, it would be worth $6,381.64 today based on a price of $97.32 for ALB at the time of writing.

Albemarle's Performance Over Last 20 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Recent Analyst Ratings for
$ALB

Date	Price Target	Rating	Analyst
8/5/2024	$102.00 → $85.00	Outperform → Neutral	Robert W. Baird
7/31/2024	$160.00 → $83.00	Buy → Hold	Berenberg
7/17/2024	$95.00	Buy → Hold	HSBC Securities
7/11/2024	$145.00 → $100.00	Overweight → Equal Weight	Wells Fargo
5/22/2024	$150.00 → $135.00	Sector Outperform → Sector Perform	Scotiabank
4/11/2024	$130.00 → $160.00	Hold → Buy	Berenberg
4/10/2024	$137.00 → $156.00	Neutral → Buy	BofA Securities
3/8/2024	$145.00	Buy → Hold	Vertical Research

More analyst ratings

Albemarle Reports Third Quarter 2024 Results
CHARLOTTE, N.C., Nov. 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2024. Third-Quarter 2024 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion, with volumes in Energy Storage and Specialties up 16% and 4%, respectivelyNet loss of ($1.1) billion, or ($9.45) per diluted share attributable to common shareholders, which incl
11/6/24 4:15:00 PM ET
$ALB
Major Chemicals
Industrials
Albemarle Announces Quarterly Common Stock Dividend
CHARLOTTE, N.C., Oct. 28, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that its board of directors has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62, is payable Jan. 2, 2025, to shareholders of record at the close of business as of Dec. 13, 2024. About AlbemarleAlbemarle Corporation (NYSE:ALB) leads the world in transforming essential resources into critical ingredients for mobility, energ
10/28/24 4:30:00 PM ET
$ALB
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Grid Battery Metals Update - Drilling Completed on its Clayton Valley Lithium Project
COQUITLAM, BC / ACCESSWIRE / October 28, 2024 / Grid Battery Metals Inc. (the "Company" or "Grid") (TSXV:CELL)(OTCQB:EVKRF)(FRA:W47) is pleased to announce that its reverse circulation drilling program has now been completed on the Company's claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins the western portion of lithium producer Albemarle's (NYSE:ALB) evaporation ponds and is nearby Century Lithium Corp.'s (TSXV:LCE)(OTCQB:CYDVF) proposed 5,430-acre Angel Island Lithium Mine, which recently released a Positive Feasibility Study detailing a 40-year mine life and an after-tax NPV8 of
10/28/24 7:30:00 AM ET
$ALB
$CGAU
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Albemarle Reports Third Quarter 2024 Results
CHARLOTTE, N.C., Nov. 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2024. Third-Quarter 2024 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion, with volumes in Energy Storage and Specialties up 16% and 4%, respectivelyNet loss of ($1.1) billion, or ($9.45) per diluted share attributable to common shareholders, which incl
11/6/24 4:15:00 PM ET
$ALB
Major Chemicals
Industrials
Albemarle Announces Quarterly Common Stock Dividend
CHARLOTTE, N.C., Oct. 28, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that its board of directors has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62, is payable Jan. 2, 2025, to shareholders of record at the close of business as of Dec. 13, 2024. About AlbemarleAlbemarle Corporation (NYSE:ALB) leads the world in transforming essential resources into critical ingredients for mobility, energ
10/28/24 4:30:00 PM ET
$ALB
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Albemarle Announces New Operating Structure to Increase Agility, Drive Cost Efficiencies and Maintain Long-Term Competitiveness
Decision marks next step in comprehensive review of cost and operating structure CHARLOTTE, N.C., Oct. 7, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the company's new operating structure to adapt to dynamic market conditions. Albemarle's operating structure will transition from two core global business units – Energy Storage and Specialties – to a fully integrated functional model designed to increase agility, deliver significant cost savings and maintain
10/7/24 6:45:00 AM ET
$ALB
Major Chemicals
Industrials

Ketjen Announces the Appointment of Henri Tausch as Chief Commercial Officer
Ketjen Corporation, a leader in catalyst and specialty chemicals manufacturing, today announces the appointment of Henri Tausch to Chief Commercial Officer (CCO) effective June 24, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240619765799/en/Henri Tausch, Ketjen Chief Commercial Officer (Photo: Business Wire) In his role as Chief Commercial Officer, Tausch will oversee and advance the company's commercial strategy, and foster key partnerships to accelerate the company's global growth trajectory. "I am honored to join Ketjen and contribute to its continued success," said Henri Tausch "It's inspiring to see Ketjen's dedi
6/19/24 7:00:00 AM ET
$ALB
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International Paper Announces Changes to Its Board of Directors
Jamie A. Beggs and Scott A. Tozier to Join as Newest Board Members Ilene S. Gordon to Retire from the Board MEMPHIS, Tenn., May 22, 2024 /PRNewswire/ -- International Paper ("IP") (NYSE:IP) announced that Jamie A. Beggs and Scott A. Tozier have been elected to IP's Board of Directors, effective May 21, 2024. The company also announced that Ilene S. Gordon has retired from the Board citing personal and health reasons, effective May 21, 2024. Ms. Beggs, age 47, currently serves as Senior Vice President and Chief Financial Officer of Avient Corporation (NYSE:AVNT), a premier pr
5/23/24 10:51:00 AM ET
$ALB
$AVNT
$IP
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Paper
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Albemarle Reports Net Sales Increase of 60% for Second Quarter 2023
CHARLOTTE, N.C., Aug. 2, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the second quarter ended June 30, 2023. Second-Quarter 2023 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $2.4 billion, an increase of 60%Net income of $650.0 million, or $5.52 per diluted share, an increase of 60%Adjusted diluted EPS of $7.33, an increase of 112%Adjusted EBITDA of $1.0 billion, an i
8/2/23 4:15:00 PM ET
$ALB
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If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,400 Today

Albemarle's Performance Over Last 20 Years

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Recent Analyst Ratings for $ALB

$ALB Large Ownership Changes

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SEC Form SC 13G filed by Albemarle Corporation

Amendment: SEC Form SC 13G/A filed by Albemarle Corporation

Amendment: SEC Form SC 13G/A filed by Albemarle Corporation

$ALB SEC Filings

SEC Form 10-Q filed by Albemarle Corporation

Albemarle Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Albemarle Corporation filed SEC Form 8-K: Leadership Update

$ALB Insider Trading

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$ALB Press Releases

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Chief Operations Officer Johnson Netha N. sold $112,403 worth of shares (1,060 units at $106.04), decreasing direct ownership by 3% to 30,360 units (SEC Form 4)

New insider Labauve Donald J. Jr. claimed ownership of 17,630 shares (SEC Form 3)

Chief Financial Officer Sheorey Neal Ravi converted options into 1,954 shares and covered exercise/tax liability with 864 shares, increasing direct ownership by 712% to 1,243 units (SEC Form 4)

Albemarle Reports Third Quarter 2024 Results

Albemarle Announces Quarterly Common Stock Dividend

Grid Battery Metals Update - Drilling Completed on its Clayton Valley Lithium Project

$ALB Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Coleman Kristin M. bought $167,314 worth of shares (1,373 units at $121.86) (SEC Form 4)

$ALB Analyst Ratings

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Albemarle downgraded by Robert W. Baird with a new price target

Albemarle downgraded by Berenberg with a new price target

Albemarle downgraded by HSBC Securities with a new price target

$ALB Market Insights

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$ALB Leadership Updates

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HSBC Downgrades Albemarle to Hold, Announces $95 Price Target

Citigroup Maintains Neutral on Albemarle, Lowers Price Target to $100