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. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.62 per share on Friday, February 28th. This represents a $2.48 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Friday, February 14th. View Celanese's Dividend History.

Celanese Co. (NYSE:CE) issued its earnings results on Thursday, January, 30th. The basic materials company reported $1.99 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.09 by $0.10. The basic materials company earned $1.43 billion during the quarter, compared to analysts' expectations of $1.52 billion. The firm's revenue for the quarter was down 15.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.38 earnings per share. 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 EPS guidance of 11.00-11.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $11.00.

17 equities research analysts have issued 1-year price objectives for Celanese's stock. Their forecasts range from $105.00 to $139.00. On average, they expect Celanese's share price to reach $120.13 in the next year. This suggests a possible upside of 9.2% 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 trended somewhat positive on Sunday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Celanese earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news articles about the basic materials 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 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 volume of 734,100 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.2% of the shares of the company are short sold. View Celanese's Current Options Chain.

Some companies that are related to Celanese include Ashland Global (ASH), Chase (CCF), Innophos (IPHS), Advanced Emissions Solutions (ADES), Albemarle (ALB), Balchem (BCPC), Ecolab (ECL), Ferro (FOE), Flotek Industries (FTK), FutureFuel (FF), GSE (GSEH), HB Fuller (FUL), Innospec (IOSP), International Flavors & Fragrances (IFF) and Kraton (KRA).

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 retail and institutional investors. Top institutional shareholders include State Street Corp (4.70%), Lyrical Asset Management LP (2.57%), LSV Asset Management (2.41%), Bank of New York Mellon Corp (1.77%), Artisan Partners Limited Partnership (1.68%) and Franklin Resources Inc. (1.08%). 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 PNC Financial Services Group Inc., Lord Abbett & CO. LLC, State Street Corp, Goldman Sachs Group Inc., UBS Group AG, Charles Schwab Investment Management Inc., PGGM Investments and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Celanese.

CE stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Public Sector Pension Investment Board, Amundi Pioneer Asset Management Inc., MUFG Securities EMEA plc, Robeco Institutional Asset Management B.V., Pinebridge Investments L.P., AustralianSuper Pty Ltd and State of Tennessee Treasury Department. 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 $110.02.