NYSE:CE - Celanese Stock Price, Forecast & News

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

Celanese declared a quarterly dividend on Wednesday, February 5th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.62 per share on Friday, February 28th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Friday, February 14th. View Celanese's Dividend History.

Celanese Co. (NYSE:CE) posted its quarterly earnings results on Thursday, January, 30th. The basic materials company reported $1.99 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.09 by $0.10. The basic materials company had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.52 billion. Celanese had a net margin of 13.53% and a return on equity of 37.36%. The firm's quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.38 EPS. View Celanese's Earnings History.

Celanese is scheduled to release their next quarterly earnings announcement on Monday, April 27th 2020. View Earnings Estimates for Celanese.

Celanese updated its FY 2020 After-Hours earnings guidance on Thursday, January, 30th. The company provided earnings per share (EPS) guidance of 11.00-11.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $11.00.

17 brokerages have issued 12 month price targets for Celanese's shares. Their forecasts range from $105.00 to $139.00. On average, they anticipate Celanese's stock price to reach $120.13 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for Celanese.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Celanese.

News headlines about CE stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Celanese earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Celanese.

Celanese saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,470,000 shares, a decrease of 5.2% from the January 15th total of 1,550,000 shares. Based on an average daily trading volume, of 734,100 shares, the short-interest ratio is presently 2.0 days. Currently, 1.2% of the shares of the company are sold short. 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), Ashland Global (ASH), NewMarket (NEU), W. R. Grace & Co (GRA), Balchem (BCPC), Quaker Chemical (KWR), Innospec (IOSP), HB Fuller (FUL), PolyOne (POL), Sensient Technologies (SXT) and Stepan (SCL).

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

Celanese's stock is owned by many different of institutional and retail investors. Top institutional investors include Capital International Investors (5.93%), State Street Corp (4.70%), Lyrical Asset Management LP (2.57%), LSV Asset Management (2.41%), Bank of New York Mellon Corp (1.77%) and Artisan Partners Limited Partnership (1.68%). Company insiders that own Celanese stock include John K Wulff and Peter G Edwards. View Institutional Ownership Trends for Celanese.

CE stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, PNC Financial Services Group Inc., Lord Abbett & CO. LLC, State Street Corp, Goldman Sachs Group Inc., UBS Group AG, Charles Schwab Investment Management Inc. and PGGM Investments. View Insider Buying and Selling for Celanese.

CE stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Point72 Asset Management L.P., Public Sector Pension Investment Board, Amundi Pioneer Asset Management Inc., MUFG Securities EMEA plc, Janus Henderson Group PLC, Robeco Institutional Asset Management B.V. and Pinebridge Investments L.P.. View Insider Buying and Selling 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 $107.75.

Celanese has a market capitalization of $12.88 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.View Additional Information About Celanese.

The official website for Celanese is http://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]