NYSE:CE - Celanese Stock Price, Price Target & More

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

Celanese declared a quarterly dividend on Tuesday, July 17th. Shareholders of record on Friday, July 27th will be given a dividend of $0.54 per share on Monday, August 6th. This represents a $2.16 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Thursday, July 26th. View Celanese's Dividend History.

Celanese announced that its board has authorized a share buyback plan on Tuesday, July 18th 2017, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 10.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Celanese Co. (NYSE:CE) posted its quarterly earnings results on Monday, April, 16th. The basic materials company reported $2.79 EPS for the quarter, beating the Zacks' consensus estimate of $2.33 by $0.46. The basic materials company earned $1.85 billion during the quarter, compared to the consensus estimate of $1.66 billion. Celanese had a net margin of 15.69% and a return on equity of 35.22%. The business's revenue was up 25.8% on a year-over-year basis. During the same period last year, the company earned $1.81 earnings per share. View Celanese's Earnings History.

Celanese is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Celanese.

17 brokers have issued 12-month price targets for Celanese's stock. Their predictions range from $82.00 to $150.00. On average, they anticipate Celanese's stock price to reach $121.0127 in the next year. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Ratings for Celanese.

17 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 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Celanese include GLENCORE PLC/ADR (GLNCY), Monsanto (MON), Glencore (GLEN), AIR LIQUIDE/ADR (AIQUY), TC PIPELINES LP Common Stock (TRP), Praxair (PX), BHP Billiton (BBL), Air Liquide (AI), LyondellBasell Industries (LYB), Nutrien (NTR), Ecolab (ECL), Linde AG/AKT o.N. (LNAGF), The Linde Group (LNEGY), SHIN ETSU Chem/ADR (SHECY) and Gold Fields (GFI).

News headlines about CE stock have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Celanese earned a media sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the basic materials company an impact score of 46.38 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Celanese's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.19%), Scout Investments Inc. (0.13%), Smith Graham & Co. Investment Advisors LP (0.05%), Westpac Banking Corp (0.05%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%) and American National Bank (0.03%). Company insiders that own Celanese stock include Benjamin Jones, Christopher W Jensen, Gjon N Nivica Jr, John K Wulff, Kevin S Oliver, Lori A Johnston 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 Pendal Group Ltd, NN Investment Partners Holdings N.V., Gulf International Bank UK Ltd, Scout Investments Inc., Westpac Banking Corp, Bank of Montreal Can, Nippon Life Global Investors Americas Inc. and American National Bank. Company insiders that have sold Celanese company stock in the last year include Christopher W Jensen, John K Wulff and Peter G Edwards. View Insider Buying and Selling for Celanese.

CE stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Fox Run Management L.L.C., Alpha Windward LLC, Xact Kapitalforvaltning AB, IFM Investors Pty Ltd, Atria Investments LLC and Amalgamated Bank. 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 $110.96.

Celanese has a market capitalization of $14.96 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.

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]