NYSE:CE

Celanese Stock Forecast, Price & News

$149.37
+2.90 (+1.98 %)
(As of 06/21/2021 12:00 AM ET)
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Today's Range
$148.35
$150.67
50-Day Range
$146.47
$169.03
52-Week Range
$81.63
$171.00
Volume604,794 shs
Average Volume817,751 shs
Market Capitalization$16.82 billion
P/E Ratio8.31
Dividend Yield1.86%
Beta1.24
30 days | 90 days | 365 days | Advanced Chart
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Celanese logo

About Celanese

Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. The company operates through Engineered Materials, Acetate Tow, and Acetyl Chain segments. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It also offers acesulfame potassium, a sweetener for use in various beverages, confections, and dairy products; and food protection ingredients, such as potassium sorbate and sorbic acid for use in foods, beverages, and personal care products. The Acetate Tow segment provides acetate tows and flakes for use in filter products applications. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals; and organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It also offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. In addition, it manufactures ultra-high molecular weight polyethylene. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.

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MarketRank

Overall MarketRank

2.31 out of 5 stars

Basic Materials Sector

16th out of 900 stocks

Plastics Materials & Synthetic Resins, Synthetic Rubber, Cellulosic Industry

1st out of 4 stocks

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Celanese (NYSE:CE) Frequently Asked Questions

Is Celanese a buy right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Celanese stock.
View analyst ratings for Celanese
or view top-rated stocks.

What stocks does MarketBeat like better than Celanese?

Wall Street analysts have given Celanese 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 Celanese wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Celanese's next earnings date?

Celanese is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Celanese
.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) released its earnings results on Wednesday, April, 21st. The basic materials company reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $2.96 by $0.50. The basic materials company earned $1.80 billion during the quarter, compared to the consensus estimate of $1.72 billion. Celanese had a net margin of 34.86% and a trailing twelve-month return on equity of 30.19%. The company's revenue was up 23.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.29 EPS.
View Celanese's earnings history
.

How has Celanese's stock been impacted by Coronavirus?

Celanese's stock was trading at $80.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CE shares have increased by 85.2% and is now trading at $149.37.
View which stocks have been most impacted by COVID-19
.

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

Celanese declared a quarterly dividend on Friday, April 16th. Investors of record on Monday, April 26th will be paid a dividend of $0.68 per share on Monday, May 10th. This represents a $2.72 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date is Friday, April 23rd.
View Celanese's dividend history
.

Is Celanese a good dividend stock?

Celanese pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.86%. Celanese does not yet have a strong track record of dividend growth. The dividend payout ratio of Celanese is 35.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Celanese will have a dividend payout ratio of 21.42% next year. This indicates that Celanese will be able to sustain or increase its dividend.
View Celanese's dividend history.

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

Celanese updated its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share guidance of 4.000-4.000 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.970. The company issued revenue guidance of -.

What price target have analysts set for CE?

19 brokerages have issued 1 year target prices for Celanese's stock. Their forecasts range from $104.00 to $200.00. On average, they expect Celanese's stock price to reach $158.38 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
View analysts' price targets for Celanese
or view top-rated stocks among Wall Street analysts.

Who are Celanese's key executives?

Celanese's management team includes the following people:
  • Ms. Lori J. Ryerkerk, Chairman, Pres & CEO (Age 58, Pay $2.57M)
  • Mr. Scott A. Richardson, Exec. VP & CFO (Age 44, Pay $1.35M)
  • Ms. A. Lynne Puckett, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58, Pay $925.68k)
  • Mr. Thomas Francis Kelly, Sr. VP of Engineered Materials (Age 56, Pay $1.17M)
  • Ms. Benita M. Casey, Chief Accounting Officer, VP of Fin. & Controller
  • Verghese Thomas, VP and Chief Technology & Innovation Officer
  • Mr. Sameer Purao, VP & Chief Information Officer
  • Ms. Vanessa Dupuis, Sr. VP & Chief HR Officer
  • Mr. Jon Mortimer, Sr. VP of Global Manufacturing
  • Mr. John G. Fotheringham, Sr. VP of Acetyls (Age 52)

What is Mark C. Rohr's approval rating as Celanese's CEO?

103 employees have rated Celanese CEO Mark C. Rohr on Glassdoor.com. Mark C. Rohr has an approval rating of 66% among Celanese's employees.

Who are some of Celanese's key competitors?

What other stocks do shareholders of Celanese own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Celanese investors own include AbbVie (ABBV), NVIDIA (NVDA), Micron Technology (MU), UnitedHealth Group (UNH), Amgen (AMGN), Bank of America (BAC), AT&T (T), The Boeing (BA), Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM).

What is Celanese's stock symbol?

Celanese trades on the New York Stock Exchange (NYSE) under the ticker symbol "CE."

Who are Celanese's major shareholders?

Celanese's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.77%), Capital International Investors (5.74%), JPMorgan Chase & Co. (2.71%), Bank of New York Mellon Corp (1.83%), Geode Capital Management LLC (1.68%) and Goldman Sachs Group Inc. (1.62%).
View institutional ownership trends for Celanese
.

Which institutional investors are selling Celanese stock?

CE stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Allianz Asset Management GmbH, Millennium Management LLC, LSV Asset Management, Sumitomo Mitsui Trust Holdings Inc., Janus Henderson Group PLC, Artisan Partners Limited Partnership, and Bank of New York Mellon Corp.
View insider buying and selling activity for Celanese
or view top insider-selling stocks.

Which institutional investors are buying Celanese stock?

CE stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., NFJ Investment Group LLC, AQR Capital Management LLC, Bank of Nova Scotia, Voloridge Investment Management LLC, Teacher Retirement System of Texas, Ceredex Value Advisors LLC, and Prudential Financial Inc..
View insider buying and selling activity for Celanese
or or view top insider-buying stocks.

How do I buy shares of Celanese?

Shares of CE 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.

What is Celanese's stock price today?

One share of CE stock can currently be purchased for approximately $149.37.

How much money does Celanese make?

Celanese has a market capitalization of $16.82 billion and generates $5.66 billion in revenue each year. The basic materials company earns $1.99 billion in net income (profit) each year or $7.64 on an earnings per share basis.

How many employees does Celanese have?

Celanese employs 7,658 workers across the globe.

Does Celanese have any subsidiaries?

The following companies are subsidiares of Celanese: Acetate Belgium Holdings B.V., Acetate Belgium Holdings LLC, Acetate Europe Coöperatief U.A., Acetate Holding Company Limited, Acetate Holdings LLC, Acetate Hong Kong Holdings LLC, Acetate Intermediate Holdings LLC, Acetate International LLC, Acetate Luxembourg S.à r.l., Acetate Sales U.S. Ltd., Acetate UTP Holdings LLC, Acetex (Cyprus) Ltd., Acetex Chimie S.A.S., Acetex Corporation, CCC Environmental Management and Solutions GmbH & Co. KG, CCC Environmental Management and Solutions Verwaltungs-GmbH, CE Mexico Holdings LLC, CE Receivables LLC, CELX Investments S.à r.l., CEMX Holdings LLC, CNA Holdings LLC, CdwllMex S. de R.L. de C.V., Celanese (China) Holding Co. Ltd., Celanese (Nanjing) Chemical Co. Ltd., Celanese (Shanghai) International Trading Co. Ltd., Celanese (Suzhou) Engineering Plastics Co. Ltd., Celanese (Thailand) Limited, Celanese Acetate C.V., Celanese Acetate Holdings LLC, Celanese Acetate LLC, Celanese Alpine S.à r.l. & Co. KG, Celanese Americas LLC, Celanese BVBA, Celanese Canada ULC, Celanese Chemicals Inc., Celanese Chemicals India Private Limited, Celanese Chemicals S.A. (Pty) Ltd., Celanese Comercial S. de R.L. de C.V., Celanese Deutschland Holding GmbH, Celanese EVA Performance Polymers LLC, Celanese Emulsions Ltd., Celanese Emulsions Pension Plan Trustees Limited, Celanese Europe B.V., Celanese Europe Holdings LLC, Celanese Far East Limited, Celanese Finance Company Limited, Celanese Finance Holdings 1 LLC, Celanese Finance Holdings 2 LLC, Celanese Foreign Holdings U.K. Limited, Celanese France Holdings S.à r.l., Celanese Global Relocation LLC, Celanese Holding 1 S. de R.L. de C.V., Celanese Holding Company Limited, Celanese Holdings B.V., Celanese Hong Kong Holdings LLC, Celanese Hungary Kft., Celanese IP Germany GmbH, Celanese IP Hungary Bt., Celanese Iberica Holdings LLC, Celanese India Holdings B.V., Celanese Internal Finance Limited, Celanese International Corporation, Celanese International Holdings LLC, Celanese Japan Limited, Celanese Korea Ltd., Celanese Ltd., Celanese Materials Mexico S. de R.L. de C.V., Celanese Mexico Holdings LLC, Celanese Operations Mexico S. de R.L. de C.V., Celanese PTE. LTD., Celanese Production Belgium BVBA, Celanese Production Germany GmbH & Co. KG, Celanese Production Italy S.r.l., Celanese Production Netherlands B.V., Celanese Production Sweden AB, Celanese Production UK Limited, Celanese Property Germany GmbH & Co. KG, Celanese S.A., Celanese Sales Austria GmbH, Celanese Sales Czech Republic s.r.o., Celanese Sales France S.A.S., Celanese Sales Germany GmbH, Celanese Sales Ibérica S.L.U., Celanese Sales Italy S.r.l., Celanese Sales Netherlands B.V., Celanese Sales Rus AO, Celanese Sales U.S. Ltd., Celanese Sales UK Limited, Celanese Services Germany GmbH, Celanese Services Italy S.r.l., Celanese Services UK Limited, Celanese Singapore Acetyls Holding PTE. LTD., Celanese Singapore Chemical Holding PTE. LTD., Celanese Singapore Emulsions PTE. LTD., Celanese Singapore Holdings LLC, Celanese Singapore PTE. LTD., Celanese Singapore VAM PTE. LTD., Celanese US Holdings LLC, Celanese Ventas Mexico S. de R.L. de C.V., Celanese do Brasil Ltda., Celtran Inc., Celwood Insurance Company, Cool Polymers Inc, Elwood Limited, FKAT LLC, Grupo Celanese S. de R.L. de C.V., HNA Acquisition ULC, Holding Softer America S.A. de C.V, Infraserv Verwaltungs GmbH, KEP Americas Engineering Plastics LLC, KEP Europe GmbH, Next Polymers Limited, Next Polymers Ltd., Nilit Plastics, PT Celanese Indonesia Operations, PT Celanese Indonesia Services, RIOMAVA GmbH, SO.F.TER. GROUP, Servicios Acetato Mexico S. de R.L. de C.V., Servicios Corporativos Celanese S. de R.L. de C.V., So.F.teR Brasil Compostos Termoplasticos Ltda., Tenedora Tercera de Toluca S. de R.L. de C.V., Ticona Fortron Inc., Ticona LLC, Ticona Polymers Inc., Ticona Polymers Ltda., and Vinamul Polymers.

When was Celanese founded?

Celanese was founded in 1918.

What is Celanese's official website?

The official website for Celanese is www.celanese.com.

Where are Celanese's headquarters?

Celanese is headquartered at 222 West Las Colinas Blvd. Suite 900 North, Irving TX, 75039.

How can I contact Celanese?

Celanese's mailing address is 222 West Las Colinas Blvd. Suite 900 North, Irving TX, 75039. The basic materials company can be reached via phone at 972-443-4000 or via email at [email protected]


This page was last updated on 6/22/2021 by MarketBeat.com Staff
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