Q3 Earnings Estimate for Celanese Issued By KeyCorp

Key Points

• KeyCorp expects Celanese to earn $1.56 per share in Q3 2026 and maintains an “Overweight” rating with a $57 price target. It also forecasts $1.19 EPS for Q4 2026 and $6.10 for full-year 2027.
• Celanese’s latest quarterly results exceeded expectations, with $2.45 EPS versus the $2.23 consensus and revenue of $2.75 billion, up 8.7% year over year. The company’s Q3 2026 guidance is $1.35–$1.75 EPS.
• Analyst sentiment is mixed but leans positive: the stock has a “Moderate Buy” consensus rating and an average price target of $63.27, compared with a recent share price of about $45.83.

Celanese Corporation (NYSE:CE - Free Report) - Equities research analysts at KeyCorp issued their Q3 2026 earnings estimates for Celanese in a research note issued on Thursday, September 10th. KeyCorp analyst S. Tiano expects that the basic materials company will earn $1.56 per share for the quarter. KeyCorp currently has a "Overweight" rating and a $57.00 price target on the stock. The consensus estimate for Celanese's current full-year earnings is $5.99 per share. KeyCorp also issued estimates for Celanese's Q4 2026 earnings at $1.19 EPS, FY2027 earnings at $6.10 EPS and FY2028 earnings at $6.70 EPS.

Celanese (NYSE:CE - Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.23 by $0.22. The firm had revenue of $2.75 billion during the quarter, compared to analysts' expectations of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. Celanese's revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS.

Several other research firms have also commented on CE. Wall Street Zen lowered Celanese from a "buy" rating to a "hold" rating in a research note on Saturday, June 20th. Bank of America decreased their price target on Celanese from $72.00 to $63.00 and set a "buy" rating on the stock in a research note on Tuesday, June 30th. BMO Capital Markets lowered their price target on Celanese from $57.00 to $54.00 and set a "market perform" rating for the company in a report on Wednesday, August 5th. Morgan Stanley dropped their price objective on shares of Celanese from $72.00 to $58.00 and set an "equal weight" rating for the company in a research note on Thursday, July 16th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Celanese in a report on Friday, August 21st. Ten research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $63.27.

Celanese Price Performance

CE stock opened at $45.83 on Friday. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of -4.29, a price-to-earnings-growth ratio of 0.29 and a beta of 0.76. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. Celanese has a 52-week low of $35.13 and a 52-week high of $70.70. The stock's fifty day simple moving average is $45.55 and its 200-day simple moving average is $52.80.

Hedge Funds Weigh In On Celanese

A number of large investors have recently modified their holdings of CE. BlackRock Inc. acquired a new stake in Celanese during the 2nd quarter worth approximately $614,675,000. California State Teachers Retirement System lifted its position in Celanese by 4,519.5% during the second quarter. California State Teachers Retirement System now owns 5,837,354 shares of the basic materials company's stock valued at $268,518,000 after buying an additional 5,710,991 shares in the last quarter. Capital Research Global Investors lifted its position in Celanese by 24.0% during the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company's stock valued at $235,312,000 after buying an additional 1,076,645 shares in the last quarter. Turtle Creek Asset Management Inc. grew its stake in Celanese by 21.0% during the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company's stock worth $215,255,000 after buying an additional 887,600 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its stake in Celanese by 15.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company's stock worth $173,127,000 after buying an additional 558,391 shares during the period. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Mark Murray purchased 2,153 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $45.52 per share, with a total value of $98,004.56. Following the completion of the transaction, the senior vice president owned 30,432 shares in the company, valued at approximately $1,385,264.64. The trade was a 7.61% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.34% of the company's stock.

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were issued a $0.03 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese's dividend payout ratio (DPR) is presently -1.12%.

About Celanese

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.

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