Avient (AVNT) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avient in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AVNT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVNT, but not buy additional shares or sell existing shares.
View AVNT analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12-month target prices for Avient's stock. Their AVNT share price targets range from $37.00 to $50.00. On average, they predict the company's share price to reach $42.33 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price.
View analysts price targets for AVNT or view top-rated stocks among Wall Street analysts.

Avient's stock was trading at $41.57 at the beginning of the year. Since then, AVNT stock has increased by 0.8% and is now trading at $41.90.
View the best growth stocks for 2024 here.

Avient saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,050,000 shares, a drop of 10.3% from the March 15th total of 1,170,000 shares. Based on an average daily volume of 422,200 shares, the short-interest ratio is currently 2.5 days. Currently, 1.2% of the company's stock are short sold.
View Avient's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our AVNT earnings forecast.

Avient will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Avient Co. (NYSE:AVNT) issued its earnings results on Wednesday, February, 14th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. The company earned $719 million during the quarter, compared to analysts' expectations of $711.87 million. Avient had a net margin of 2.41% and a trailing twelve-month return on equity of 9.26%. The business's revenue was down 9.0% on a year-over-year basis. During the same quarter last year, the business posted $0.39 earnings per share.

Avient announced a quarterly dividend on Monday, February 12th. Shareholders of record on Tuesday, March 19th will be given a dividend of $0.257 per share on Friday, April 5th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Monday, March 18th.
Read our dividend analysis for AVNT.

Avient (NYSE:AVNT) pays an annual dividend of $1.03 per share and currently has a dividend yield of 2.50%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 124.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AVNT will have a dividend payout ratio of 34.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AVNT.

ETFs with the largest weight of Avient (NYSE:AVNT) stock in their portfolio include American Century Mid Cap Growth Impact (MID), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Nuveen Small Cap Select ETF (NSCS), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), ProShares Russell 2000 Dividend Growers ETF (SMDV), WisdomTree U.S. SmallCap Dividend Fund (DES) and iShares Russell 2000 Value ETF (IWN).3D Printing ETF (PRNT).

Avient updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of 0.680-0.680 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avient investors own include Advanced Micro Devices (AMD), Boeing (BA), eHealth (EHTH), GrowGeneration (GRWG), Itron (ITRI), Nikola (NKLA), Sorrento Therapeutics (SRNE), Alaska Air Group (ALK), AAR (AIR) and Airbus (AIR).

Avient's stock is owned by a number of retail and institutional investors. Top institutional shareholders include NBC Securities Inc. (0.00%). Insiders that own company stock include Cathy Dodd, Joel R Rathbun, Lisa K Kunkle, Michael A Garratt and Robert M Patterson.
View institutional ownership trends.

Shares of AVNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.