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. Stockholders of record on Friday, July 27th will be paid a dividend of $0.54 per share on Monday, August 6th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Thursday, July 26th. View Celanese's Dividend History.

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

Celanese Co. (NYSE:CE) released its earnings results on Monday, April, 16th. The basic materials company reported $2.79 earnings per share for the quarter, topping analysts' consensus estimates of $2.33 by $0.46. The basic materials company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.66 billion. Celanese had a net margin of 15.69% and a return on equity of 35.22%. Celanese's quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.81 EPS. 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 brokerages have issued 12-month price targets for Celanese's shares. Their forecasts range from $82.00 to $150.00. On average, they anticipate Celanese's share price to reach $121.0127 in the next twelve months. This suggests a possible upside of 8.7% 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), Nutrien (NTR), LyondellBasell Industries (LYB), Ecolab (ECL), Linde AG/AKT o.N. (LNAGF), The Linde Group (LNEGY), SHIN ETSU Chem/ADR (SHECY) and Gold Fields (GFI).

Media coverage about CE stock has trended somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Celanese earned a news sentiment score of 0.15 on Accern's scale. They also gave news stories about the basic materials company an impact score of 45.33 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Celanese's stock is owned by many different of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.19%), Scout Investments Inc. (0.13%), Westpac Banking Corp (0.05%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), American National Bank (0.03%) and Pendal Group Ltd (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, American National Bank and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 bought 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 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 $111.35.

Celanese has a market capitalization of $14.75 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]