S&P 500   4,600.42 (+0.32%)
DOW   36,229.97 (+0.31%)
QQQ   390.81 (+0.10%)
AAPL   194.51 (+0.12%)
MSFT   371.10 (+0.04%)
META   328.92 (+0.71%)
GOOGL   135.05 (-1.37%)
AMZN   146.33 (-0.37%)
TSLA   243.11 (+0.19%)
NVDA   475.42 (+2.03%)
NIO   7.48 (-0.13%)
BABA   72.15 (-0.25%)
AMD   129.69 (+1.03%)
T   16.91 (-1.05%)
F   11.00 (+1.66%)
MU   74.36 (+0.96%)
CGC   0.76 (+5.54%)
GE   120.34 (+0.72%)
DIS   92.97 (+0.67%)
AMC   6.99 (+2.49%)
PFE   28.72 (+0.31%)
PYPL   59.55 (+1.83%)
XOM   99.42 (+1.02%)
S&P 500   4,600.42 (+0.32%)
DOW   36,229.97 (+0.31%)
QQQ   390.81 (+0.10%)
AAPL   194.51 (+0.12%)
MSFT   371.10 (+0.04%)
META   328.92 (+0.71%)
GOOGL   135.05 (-1.37%)
AMZN   146.33 (-0.37%)
TSLA   243.11 (+0.19%)
NVDA   475.42 (+2.03%)
NIO   7.48 (-0.13%)
BABA   72.15 (-0.25%)
AMD   129.69 (+1.03%)
T   16.91 (-1.05%)
F   11.00 (+1.66%)
MU   74.36 (+0.96%)
CGC   0.76 (+5.54%)
GE   120.34 (+0.72%)
DIS   92.97 (+0.67%)
AMC   6.99 (+2.49%)
PFE   28.72 (+0.31%)
PYPL   59.55 (+1.83%)
XOM   99.42 (+1.02%)
S&P 500   4,600.42 (+0.32%)
DOW   36,229.97 (+0.31%)
QQQ   390.81 (+0.10%)
AAPL   194.51 (+0.12%)
MSFT   371.10 (+0.04%)
META   328.92 (+0.71%)
GOOGL   135.05 (-1.37%)
AMZN   146.33 (-0.37%)
TSLA   243.11 (+0.19%)
NVDA   475.42 (+2.03%)
NIO   7.48 (-0.13%)
BABA   72.15 (-0.25%)
AMD   129.69 (+1.03%)
T   16.91 (-1.05%)
F   11.00 (+1.66%)
MU   74.36 (+0.96%)
CGC   0.76 (+5.54%)
GE   120.34 (+0.72%)
DIS   92.97 (+0.67%)
AMC   6.99 (+2.49%)
PFE   28.72 (+0.31%)
PYPL   59.55 (+1.83%)
XOM   99.42 (+1.02%)
S&P 500   4,600.42 (+0.32%)
DOW   36,229.97 (+0.31%)
QQQ   390.81 (+0.10%)
AAPL   194.51 (+0.12%)
MSFT   371.10 (+0.04%)
META   328.92 (+0.71%)
GOOGL   135.05 (-1.37%)
AMZN   146.33 (-0.37%)
TSLA   243.11 (+0.19%)
NVDA   475.42 (+2.03%)
NIO   7.48 (-0.13%)
BABA   72.15 (-0.25%)
AMD   129.69 (+1.03%)
T   16.91 (-1.05%)
F   11.00 (+1.66%)
MU   74.36 (+0.96%)
CGC   0.76 (+5.54%)
GE   120.34 (+0.72%)
DIS   92.97 (+0.67%)
AMC   6.99 (+2.49%)
PFE   28.72 (+0.31%)
PYPL   59.55 (+1.83%)
XOM   99.42 (+1.02%)

Avient Stock Price, News & Analysis (NYSE:AVNT)

$36.56
+0.34 (+0.94%)
(As of 10:50 AM ET)
Compare
Today's Range
$36.17
$36.78
50-Day Range
$31.19
$36.21
52-Week Range
$27.73
$44.74
Volume
36,927 shs
Average Volume
464,119 shs
Market Capitalization
$3.33 billion
P/E Ratio
5.62
Dividend Yield
2.82%
Price Target
$44.17

Avient MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
22.0% Upside
$44.17 Price Target
Short Interest
Healthy
1.30% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.07
Upright™ Environmental Score
News Sentiment
-0.04mentions of Avient in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$839,703 Bought Last Quarter
Proj. Earnings Growth
11.84%
From $2.28 to $2.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Basic Materials Sector

68th out of 171 stocks

Plastics Materials & Resins Industry

8th out of 10 stocks


AVNT stock logo

About Avient Stock (NYSE:AVNT)

Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks. Its products are used in various markets, including medical, pharmaceutical devices, food packaging, personal care, cosmetics, transportation, building products, recreational, athletic apparel, construction, filtration, outdoor furniture, healthcare, wire, and cable. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology to thermoset and thermoplastic composites. The company sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.

AVNT Stock Price History

AVNT Stock News Headlines

U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
When CEOs Buy Their Own Stock, Pay Attention
Avient Chairman Acquires 2.5% More Stock
Avient Chairman Makes $839K Stock Purchase
Avient's (NYSE:AVNT) Dividend Will Be Increased To $0.2575
U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
Avient Corp AVNT
Stifel Nicolaus Keeps Their Buy Rating on Avient (AVNT)
Deutsche Bank Downgrades Avient (AVNT)
Avient downgraded to Hold at Deutsche Bank
Avient Announces Third Quarter 2023 Results
Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2575
Avient To Hold Third Quarter 2023 Conference Call
Are Investors Undervaluing Avient (AVNT) Right Now?
Here’s What Happened to Avient Corporation (AVNT) in Q2
See More Headlines
Receive AVNT Stock News and Ratings via Email

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

Company Calendar

Ex-Dividend for 10/6 Dividend
9/14/2023
Dividend Payable
10/06/2023
Last Earnings
11/02/2023
Today
12/08/2023
Ex-Dividend for 1/5 Dividend
12/14/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/05/2024
Next Earnings (Estimated)
2/21/2024

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
N/A
Employees
9,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$44.17
High Stock Price Target
$50.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+20.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$703.10 million
Pretax Margin
-0.33%

Debt

Sales & Book Value

Annual Sales
$3.21 billion
Cash Flow
$5.06 per share
Book Value
$25.87 per share

Miscellaneous

Free Float
89,447,000
Market Cap
$3.34 billion
Optionable
Optionable
Beta
1.48
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report














AVNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Avient stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avient in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AVNT shares.
View AVNT analyst ratings
or view top-rated stocks.

What is Avient's stock price target for 2024?

5 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 stock price to reach $44.17 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for AVNT
or view top-rated stocks among Wall Street analysts.

How have AVNT shares performed in 2023?

Avient's stock was trading at $33.76 at the beginning of the year. Since then, AVNT stock has increased by 7.3% and is now trading at $36.21.
View the best growth stocks for 2023 here
.

Are investors shorting Avient?

Avient saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,160,000 shares, an increase of 19.1% from the October 31st total of 973,600 shares. Based on an average trading volume of 439,700 shares, the short-interest ratio is presently 2.6 days. Currently, 1.3% of the shares of the company are sold short.
View Avient's Short Interest
.

When is Avient's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our AVNT earnings forecast
.

How were Avient's earnings last quarter?

Avient Co. (NYSE:AVNT) announced its earnings results on Thursday, November, 2nd. The company reported $0.57 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.57. The firm had revenue of $753.70 million for the quarter, compared to analyst estimates of $783.26 million. Avient had a net margin of 18.41% and a trailing twelve-month return on equity of 8.72%.

How often does Avient pay dividends? What is the dividend yield for Avient?

Avient declared a quarterly dividend on Thursday, October 12th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.257 per share on Friday, January 5th. This represents a $1.03 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Thursday, December 14th. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for AVNT
.

Is Avient a good dividend stock?

Avient (NYSE:AVNT) pays an annual dividend of $1.03 per share and currently has a dividend yield of 2.79%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AVNT will have a dividend payout ratio of 40.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AVNT.

What guidance has Avient issued on next quarter's earnings?

Avient issued an update on its FY23 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $2.30 for the period, compared to the consensus estimate of $2.42. The company issued revenue guidance of $3.13 billion, compared to the consensus revenue estimate of $3.26 billion.

What other stocks do shareholders of Avient own?

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).

Who are Avient's major shareholders?

Avient's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (4.50%), Ameriprise Financial Inc. (2.58%), Channing Capital Management LLC (2.16%), American Century Companies Inc. (2.00%), Massachusetts Financial Services Co. MA (1.57%) and Jennison Associates LLC (1.50%). 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
.

How do I buy shares of Avient?

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

This page (NYSE:AVNT) was last updated on 12/8/2023 by MarketBeat.com Staff

My Account -