NYSE:CE - Celanese Stock Price, News, & Analysis

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

Celanese declared a quarterly dividend on Thursday, October 18th. Stockholders of record on Monday, October 29th will be given a dividend of $0.54 per share on Thursday, November 8th. This represents a $2.16 annualized dividend and a dividend yield of 2.31%. The ex-dividend date is Friday, October 26th. View Celanese's Dividend History.

Celanese announced that its board has approved a stock repurchase program on Tuesday, July 18th 2017, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Celanese Co. (NYSE:CE) released its earnings results on Thursday, October, 18th. The basic materials company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.22. The basic materials company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.81 billion. Celanese had a net margin of 18.57% and a return on equity of 39.39%. Celanese's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.93 earnings per share. View Celanese's Earnings History.

Celanese is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for Celanese.

Celanese will be holding an earnings conference call on Tuesday, January 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8662359919.

14 analysts have issued 1-year target prices for Celanese's stock. Their forecasts range from $100.00 to $145.00. On average, they anticipate Celanese's stock price to reach $120.4375 in the next year. This suggests a possible upside of 29.0% from the stock's current price. View Analyst Price Targets for Celanese.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Celanese.

Headlines about CE stock have been trending positive on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring 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 daily sentiment score of 2.8 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the near term.

Celanese saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,625,889 shares, an increase of 209.7% from the December 14th total of 2,462,356 shares. Based on an average daily trading volume, of 4,438,853 shares, the days-to-cover ratio is presently 1.7 days. Currently, 5.7% of the company's shares are sold short. View Celanese's Current Options Chain.

Some companies that are related to Celanese include AIR LIQUIDE/ADR (AIQUY), SHOWA DENKO KK/ADR (SHWDY), Ecolab (ECL), BHP Group (BBL), Air Products & Chemicals (APD), SHIN ETSU CHEM/ADR (SHECY), LyondellBasell Industries (LYB), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Nutrien (NTR), PPG Industries (PPG), Southern Copper (SCCO), Anglo American (NGLOY), Akzo Nobel (AKZOY), ArcelorMittal (MT) and Klabin (KLBAY).

Celanese's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include James Investment Research Inc. (0.20%), Steigerwald Gordon & Koch Inc. (0.07%), Bank of Montreal Can (0.07%), Gateway Investment Advisers LLC (0.05%), Retirement Systems of Alabama (0.04%) and Nisa Investment Advisors LLC (0.04%). Company insiders that own Celanese stock include Benjamin Jones, Christopher W Jensen, John K Wulff, Kevin S Oliver 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 James Investment Research Inc., Assenagon Asset Management S.A., Nippon Life Global Investors Americas Inc., Strs Ohio, First Hawaiian Bank, American National Bank, Oakbrook Investments LLC and Private Trust Co. NA. View Insider Buying and Selling for Celanese.

CE stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Bank of Montreal Can, Bowling Portfolio Management LLC, Nisa Investment Advisors LLC, Highland Capital Management LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers LLC and DNB Asset Management AS. 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, Scottrade, Fidelity and Charles Schwab.

One share of CE stock can currently be purchased for approximately $93.37.

Celanese has a market capitalization of $12.49 billion and generates $6.14 billion in revenue each year. The basic materials company earns $843 million in net income (profit) each year or $7.51 on an earnings per share basis. Celanese employs 7,592 workers across the globe.

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]