Skip to main content

Covestro Stock Forecast, Price & News

-0.48 (-0.85 %)
(As of 05/17/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume823,022 shs
Average Volume917,794 shs
Market Capitalization$10.79 billion
P/E Ratio12.61
Dividend Yield2.26%
30 days | 90 days | 365 days | Advanced Chart
Receive 1COV News and Ratings via Email

Sign-up to receive the latest news and ratings for Covestro and its competitors with MarketBeat's FREE daily newsletter.

Covestro logo

About Covestro

Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties (CAS). The Polyurethanes segment develops, produces, and markets chemical precursors, such as diphenylmethane diisocyanate, toluene diisocyanate, and polyether polyol, which are used primarily in the furniture, construction, and automotive industries. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The CAS segment offers precursors for coatings, adhesives, and sealants, as well as specialties. This segment also provides polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. The company markets its products through trading houses and distributors. Covestro AG was founded in 1863 and is headquartered in Leverkusen, Germany.


See More Headlines

Industry, Sector and Symbol

Industry Specialty Chemicals
Year FoundedN/A

Sales & Book Value

Annual Sales$11.23 billion
Cash Flow€14.57 per share
Book Value€33.10 per share





Market Cap$10.79 billion
Next Earnings Date8/6/2021 (Estimated)
OptionableNot Optionable


Overall MarketRank

1.99 out of 5 stars

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles

Covestro (ETR:1COV) Frequently Asked Questions

Is Covestro a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Covestro in the last year. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Covestro stock.
View analyst ratings for Covestro
or view top-rated stocks.

What stocks does MarketBeat like better than Covestro?

Wall Street analysts have given Covestro a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Covestro wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Covestro's next earnings date?

Covestro is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Covestro

How has Covestro's stock been impacted by Coronavirus?

Covestro's stock was trading at €29.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, 1COV stock has increased by 87.9% and is now trading at €55.88.
View which stocks have been most impacted by COVID-19

Is Covestro a good dividend stock?

Covestro pays an annual dividend of €1.30 per share and currently has a dividend yield of 2.26%. The dividend payout ratio of Covestro is 29.35%. This payout ratio is at a healthy, sustainable level, below 75%.
View Covestro's dividend history.

What price target have analysts set for 1COV?

13 brokers have issued 1-year price targets for Covestro's stock. Their forecasts range from €40.00 to €76.00. On average, they expect Covestro's stock price to reach €65.25 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
View analysts' price targets for Covestro
or view top-rated stocks among Wall Street analysts.

Who are Covestro's key executives?

Covestro's management team includes the following people:
  • Dr. Markus Steilemann, CEO & Chairman of Management Board (Age 51, Pay $3.15M)
  • Dr. Thomas Toepfer, CFO, Labor Director & Member of Management Board (Age 49, Pay $1.8M)
  • Dr. Klaus Schäfer, CTO & Member of Management Board (Age 59, Pay $1.53M)
  • Ms. Sucheta Govil, Chief Commercial Officer & Member of Management Board (Age 58, Pay $1.42M)
  • Mr. Ronald Koehler, Head of Investor Relations
  • Dr. Joachim H. Wolff, Head of Polyurethanes Bus. Unit (Age 69)
  • Mr. Daniel Meyer, Head of Polyurethanes (PU) Segment (Age 54)
  • Ms. Michelle B. B. Jou, Head of Polycarbonates Segment (Age 52)
  • Michael Friede, Head of S Coatings, Adhesives, Specialties Segment
  • Mr. Uwe Arndt, Head of MDI Site

Who are some of Covestro's key competitors?

What other stocks do shareholders of Covestro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Covestro investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Allianz (ALV), Aegean Marine Petroleum Network (ANW), Honeywell International (HON) and Micron Technology (MU).

What is Covestro's stock symbol?

Covestro trades on the ETR under the ticker symbol "1COV."

What is Covestro's stock price today?

One share of 1COV stock can currently be purchased for approximately €55.88.

How much money does Covestro make?

Covestro has a market capitalization of $10.79 billion and generates $11.23 billion in revenue each year.

How many employees does Covestro have?

Covestro employs 14,539 workers across the globe.

What is Covestro's official website?

The official website for Covestro is

Where are Covestro's headquarters?

Covestro is headquartered at Kaiser-Wilhelm-Allee 60, LEVERKUSEN, 51373, Germany.

How can I contact Covestro?

Covestro's mailing address is Kaiser-Wilhelm-Allee 60, LEVERKUSEN, 51373, Germany. The company can be reached via phone at +49-214-60092000.

This page was last updated on 5/18/2021 by Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.