Previous close | 68.31 |
Open | 68.64 |
Bid | 0.00 x 800 |
Ask | 0.00 x 900 |
Day's range | 67.90 - 69.38 |
52-week range | 60.21 - 115.72 |
Volume | |
Avg. volume | 2,156,398 |
Market cap | 19.552B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 5.07 |
EPS (TTM) | 13.51 |
Earnings date | N/A |
Forward dividend & yield | 10.84 (15.83%) |
Ex-dividend date | 11 May 2023 |
1y target est | 91.53 |
Recently, Zacks.com users have been paying close attention to SQM (SQM). This makes it worthwhile to examine what the stock has in store.
This face-off between two of the major producers of the EV battery metal should help you make investing decisions in this space.
In Q1, the lithium giant's earnings declined 6%, driven by lower lithium sales volume, but management says a recovery is underway.
Sociedad Quimica (SQM) sees lower year over year lithium sales volumes in the first quarter due to softer demand, especially in China.
The merger between the U.S. and Australian companies will create what is forecast to be the world's third-largest lithium producer by capacity by 2027.
Sociedad Quimica (SQM) is likely to have gained from higher realized prices and strong demand in the first quarter.
SQM (SQM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Sociedad Quimica y Minera de Chile, Yara International ASA and ICL Group have been highlighted in this Industry Outlook article.
A retreat in fertilizer prices on softer demand and elevated costs of key raw materials pose headwinds for the Zacks Fertilizers industry. SQM, YARIY and ICL are poised well to tackle the challenges.
Lithium investors are having a bad day Friday, as reports out of Chile that President Gabriel Boric intends to nationalize the Chilean lithium industry devastate shares of lithium companies with interests in the country. This is bad news for investors in lithium stock Albemarle (NYSE: ALB), shares of which are down 10.4% as of 3 p.m. ET on the news. Specifically, the good news is that while Albemarle may be hurt by Chile's action, it won't be hurt as badly as Sociedad Quimica y Minera de Chile (NYSE: SQM), another lithium miner that's seeing its shares devastated today.
Friday dawned bleak for investors in Sociedad Quimica y Minera de Chile (NYSE: SQM). Shares of the Chilean lithium miner tumbled by 14.8% through 12:57 p.m. ET in the wake of the Thursday evening announcement from Chilean President Gabriel Boric that he intends to nationalize the Chilean lithium industry -- which may or may not include SQM itself. At the most basic level, nationalization involves a forced transfer of ownership, with present owners of the property in question required to sell or simply surrender that property to the government.
Recently, Zacks.com users have been paying close attention to SQM (SQM). This makes it worthwhile to examine what the stock has in store.
Lithium stocks are getting clobbered so far in 2023. As is the case with all basic materials and mining companies, the price for the element -- a key ingredient in batteries for smartphones and electric vehicles (EVs) -- is highly sensitive to even small changes in supply and demand. Because of economic uncertainty in the year ahead, and supply of lithium catching up with and perhaps even exceeding demand, the price of lithium has fallen nearly 60% from its all-time highs in recent months.
Sociedad Quimica (SQM) gains from the high pricing environment and strong demand for lithium in the fourth quarter.
Sociedad Quimica (SQM) is likely to have gained from higher realized prices and strong demand in the fourth quarter.
Sociedad Quimica y Minera de Chile, CF Industries Holdings and Intrepid Potash have been highlighted in this Industry Outlook article.
A retreat in fertilizer prices from record highs on softer demand and a spike in key raw material costs pose headwinds for the Zacks Fertilizers industry. SQM, CF and IPI are poised well to tackle the challenges.
Here's how the three largest lithium stocks listed on a major U.S. stock exchange -- Albemarle, SQM, and Livent -- stacked up by 2022 performance.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
DuPont (DD) gains on strong demand in semiconductor, water and industrial end-markets, investment in new product development and pricing actions.
Celanese (CE) benefits from cost and productivity actions, investments in high-return projects and contributions of acquisitions.
Reliance Steel (RS) benefits from the recovery in aerospace and energy and continued strong performance in the semiconductor market.
While CF Industries (CF) faces challenges from higher natural gas costs, it gains on strong global demand for nitrogen fertilizers and higher selling prices.
Air Products (APD) gains on higher pricing in its key segments, improved merchant demand, investments in high-return projects and productivity actions.