Chemours Stock Price, Forecast & Analysis (NYSE:CC)

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

Chemours declared a quarterly dividend on Wednesday, October 30th. Shareholders of record on Friday, November 15th will be given a dividend of $0.25 per share on Monday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date is Thursday, November 14th. View Chemours' Dividend History.

Chemours declared that its Board of Directors has authorized a share repurchase program on Monday, December 4th 2017, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Chemours Co (NYSE:CC) released its quarterly earnings data on Monday, November, 4th. The specialty chemicals company reported $0.59 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.03. The specialty chemicals company earned $1.39 billion during the quarter, compared to analysts' expectations of $1.40 billion. Chemours had a net margin of 7.24% and a return on equity of 58.38%. The business's revenue was down 14.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.49 EPS. View Chemours' Earnings History.

Chemours is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Chemours.

Chemours issued an update on its FY19 earnings guidance on Monday, November, 4th. The company provided EPS guidance of $2.37-3.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.47.

13 brokerages have issued twelve-month price objectives for Chemours' shares. Their forecasts range from $14.50 to $52.00. On average, they expect Chemours' share price to reach $27.14 in the next year. This suggests a possible upside of 46.3% from the stock's current price. View Analyst Price Targets for Chemours.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemours in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chemours.

Media coverage about CC stock has been trending somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Chemours earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media stories about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Chemours.

Chemours saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 13,710,000 shares, an increase of 9.2% from the September 15th total of 12,560,000 shares. Based on an average trading volume of 3,460,000 shares, the short-interest ratio is presently 4.0 days. Currently, 8.5% of the shares of the stock are sold short. View Chemours' Current Options Chain.

Some companies that are related to Chemours include Johnson Matthey (JMPLY), Huntsman (HUN), Ashland Global (ASH), W. R. Grace & Co (GRA), KURARAY CO LTD/ADR (KURRY), Univar (UNVR), Ingevity (NGVT), Balchem (BCPC), Olin (OLN), Innospec (IOSP), PQ Group (PQG), GCP Applied Technologies (GCP), Livent (LTHM), Innophos (IPHS) and Hawkins (HWKN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Chemours investors own include E I Du Pont De Nemours And Co (DD), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), DowDuPont (DWDP), AT&T (T), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Intel (INTC) and Pfizer (PFE).

Chemours' stock is owned by many different of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (0.39%), Retirement Systems of Alabama (0.36%), Selz Capital LLC (0.34%), Alberta Investment Management Corp (0.30%), Rhumbline Advisers (0.26%) and California Public Employees Retirement System (0.21%). Company insiders that own Chemours stock include Amy Trojanowski, Bradley J Bell, Christian W Siemer, David C Shelton, E Bryan Snell, Erich Parker, Mark Newman, Mark P Vergnano, Mary B Cranston, Paul Kirsch, Richard H Brown and Susan M Kelliher. View Institutional Ownership Trends for Chemours.

CC stock was sold by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Gateway Investment Advisers LLC, Selz Capital LLC, Great West Life Assurance Co. Can, Zurcher Kantonalbank Zurich Cantonalbank, Nisa Investment Advisors LLC, Brookstone Capital Management and Dupont Capital Management Corp. Company insiders that have sold Chemours company stock in the last year include Amy Trojanowski, Mark Newman and Paul Kirsch. View Insider Buying and Selling for Chemours.

CC stock was purchased by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Traynor Capital Management Inc., WBI Investments Inc., State of New Jersey Common Pension Fund D, DNB Asset Management AS, Railway Pension Investments Ltd, Investors Research Corp and Pacer Advisors Inc.. Company insiders that have bought Chemours stock in the last two years include Bradley J Bell, David C Shelton, E Bryan Snell, Mark Newman, Mark P Vergnano, Mary B Cranston, Richard H Brown and Susan M Kelliher. View Insider Buying and Selling for Chemours.

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

One share of CC stock can currently be purchased for approximately $18.55.

Chemours has a market capitalization of $3.03 billion and generates $6.64 billion in revenue each year. The specialty chemicals company earns $995 million in net income (profit) each year or $5.67 on an earnings per share basis. Chemours employs 7,000 workers across the globe.View Additional Information About Chemours.

The official website for Chemours is http://www.chemours.com/.

Chemours' mailing address is 1007 MARKET STREET, WILMINGTON DE, 19801. The specialty chemicals company can be reached via phone at 302-773-1000 or via email at [email protected]