Chemours (CC) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chemours in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CC, but not buy additional shares or sell existing shares.
View CC analyst ratings or view top-rated stocks.

9 brokers have issued 12-month price targets for Chemours' stock. Their CC share price forecasts range from $25.00 to $53.00. On average, they anticipate the company's stock price to reach $38.22 in the next year. This suggests a possible upside of 42.4% from the stock's current price.
View analysts price targets for CC or view top-rated stocks among Wall Street analysts.

Chemours' stock was trading at $30.62 at the beginning of 2023. Since then, CC shares have decreased by 12.3% and is now trading at $26.84.
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Chemours saw a drop in short interest in August. As of August 31st, there was short interest totaling 4,840,000 shares, a drop of 10.4% from the August 15th total of 5,400,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the short-interest ratio is currently 3.5 days. Currently, 3.3% of the company's stock are sold short.
View Chemours' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our CC earnings forecast.

The Chemours Company (NYSE:CC) issued its quarterly earnings results on Friday, July, 28th. The specialty chemicals company reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.01. The specialty chemicals company had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.75 billion. Chemours had a positive trailing twelve-month return on equity of 46.14% and a negative net margin of 1.40%. During the same quarter in the prior year, the firm posted $1.89 earnings per share.

Chemours declared a quarterly dividend on Wednesday, July 26th. Investors of record on Tuesday, August 15th will be given a dividend of $0.25 per share on Friday, September 15th. This represents a $1.00 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend is Monday, August 14th.
Read our dividend analysis for CC.

ETFs with the largest weight of Chemours (NYSE:CC) stock in their portfolio include First Trust Materials AlphaDEX Fund (FXZ), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), First Trust Dorsey Wright Momentum & Value ETF (DVLU), JPMorgan Active Value ETF (JAVA), Fidelity Small-Mid Cap Opportunities ETF (FSMO), iShares U.S. Basic Materials ETF (IYM) and Avantis U.S. Small Cap Value ETF (AVUV).

Chemours (NYSE:CC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.60%.
Read our dividend analysis for CC.

Chemours issued an update on its FY 2023 earnings guidance on Friday, July, 28th. The company provided earnings per share (EPS) guidance of $3.27-$3.60 for the period, compared to the consensus earnings per share estimate of $4.02. The company issued revenue guidance of -.

106 employees have rated Chemours Chief Executive Officer Mark Vergnano on Glassdoor.com. Mark Vergnano has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chemours investors own include AT&T (T), Pfizer (PFE), DuPont de Nemours (DD), NVIDIA (NVDA), Cisco Systems (CSCO), Micron Technology (MU), Intel (INTC), AbbVie (ABBV), CVS Health (CVS) and Energy Transfer (ET).

Chemours trades on the New York Stock Exchange (NYSE) under the ticker symbol "CC."

Shares of CC 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.
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One share of CC stock can currently be purchased for approximately $26.84.

Chemours (NYSE:CC) has a market capitalization of $3.97 billion and generates $6.29 billion in revenue each year. The specialty chemicals company earns $578 million in net income (profit) each year or ($0.68) on an earnings per share basis.

The company employs 6,600 workers across the globe.

Chemours' mailing address is 1007 MARKET STREET, WILMINGTON DE, 19801. The official website for the company is www.chemours.com. The specialty chemicals company can be reached via phone at (302) 773-1000 or via email at investor@chemours.com.