NYSE:CECelanese Stock Price, Forecast & News

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 7.2% and is now trading at $86.45. View which stocks have been most impacted by Coronavirus.

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

Celanese is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Celanese.

Celanese will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Celanese Co. (NYSE:CE) released its earnings results on Monday, April, 27th. The basic materials company reported $2.29 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.19 by $0.10. The basic materials company earned $1.46 billion during the quarter, compared to the consensus estimate of $1.54 billion. Celanese had a net margin of 12.08% and a return on equity of 37.21%. The firm's revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.62 earnings per share. View Celanese's earnings history.

Celanese declared a quarterly dividend on Wednesday, April 15th. Stockholders of record on Monday, April 27th will be paid a dividend of $0.62 per share on Thursday, May 7th. This represents a $2.48 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Friday, April 24th. View Celanese's dividend history.

20 equities research analysts have issued 12-month price targets for Celanese's shares. Their forecasts range from $81.00 to $135.00. On average, they anticipate Celanese's share price to reach $99.39 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View analysts' price targets for Celanese.

Media stories about CE stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Celanese earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Celanese.

Celanese saw a decrease in short interest in June. As of June 30th, there was short interest totaling 2,170,000 shares, a decrease of 21.9% from the June 15th total of 2,780,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.9% of the company's shares are short sold. View Celanese's Current Options Chain.

Some companies that are related to Celanese include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Ashland Global (ASH), Quaker Chemical (KWR), W. R. Grace & Co (GRA), Balchem (BCPC), PolyOne (POL), HB Fuller (FUL), Sensient Technologies (SXT), Stepan (SCL) and Innospec (IOSP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Celanese investors own include NVIDIA (NVDA), AbbVie (ABBV), Alibaba Group (BABA), Home Depot (HD), UnitedHealth Group (UNH), Boeing (BA), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Citigroup (C) and Walt Disney (DIS).

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

Celanese's stock is owned by a number of institutional and retail investors. Top institutional investors include Hexavest Inc. (0.09%), Wedge Capital Management L L P NC (0.06%), State of Alaska Department of Revenue (0.03%), Envestnet Asset Management Inc. (0.03%), DNB Asset Management AS (0.02%) and Curbstone Financial Management Corp (0.01%). View institutional ownership trends for Celanese.

CE stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., American National Bank, State of Alaska Department of Revenue, and DNB Asset Management AS. View insider buying and selling activity for Celanese.

CE stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Wedge Capital Management L L P NC, and Curbstone Financial Management Corp. View insider buying and selling activity for Celanese.

Shares of CE 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 CE stock can currently be purchased for approximately $86.45.

Celanese has a market capitalization of $10.22 billion and generates $6.30 billion in revenue each year. The basic materials company earns $852 million in net income (profit) each year or $9.53 on an earnings per share basis. Celanese employs 7,714 workers across the globe.

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

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]