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. Investors of record on Monday, October 29th will be paid a dividend of $0.54 per share on Thursday, November 8th. This represents a $2.16 annualized dividend and a yield of 2.28%. The ex-dividend date is Friday, October 26th. View Celanese's Dividend History.

Celanese announced that its Board of Directors has approved a stock repurchase plan on Tuesday, July 18th 2017, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Celanese Co. (NYSE:CE) posted its earnings results on Thursday, October, 18th. The basic materials company reported $2.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 return on equity of 39.39% and a net margin of 18.57%. The business's revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.93 EPS. 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.

15 brokers have issued twelve-month target prices for Celanese's stock. Their forecasts range from $100.00 to $145.00. On average, they expect Celanese's stock price to reach $119.8235 in the next year. This suggests a possible upside of 26.5% from the stock's current price. View Analyst Price Targets for Celanese.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 1 sell rating, 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Celanese.

Media stories about CE stock have trended positive on Thursday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Celanese earned a news impact score of 2.6 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the next few days.

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 trading volume of 4,438,853 shares, the short-interest 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 BHP Group (BBL), Ecolab (ECL), SHIN ETSU CHEM/ADR (SHECY), Air Products & Chemicals (APD), LyondellBasell Industries (LYB), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Nutrien (NTR), PPG Industries (PPG), Anglo American (NGLOY), Southern Copper (SCCO), ArcelorMittal (MT), Klabin (KLBAY), Akzo Nobel (AKZOY), POSCO (PKX) and International Paper (IP).

Celanese's stock is owned by a number of of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.05%), Retirement Systems of Alabama (0.04%), American National Bank (0.03%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.02%) and Curbstone Financial Management Corp (0.01%). 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 First Hawaiian Bank, American National Bank, Oakbrook Investments LLC, Private Trust Co. NA, Fruth Investment Management, Curbstone Financial Management Corp and Palisade Asset Management LLC. View Insider Buying and Selling for Celanese.

CE stock was purchased by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Highland Capital Management LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers LLC, DNB Asset Management AS, Visionary Asset Management Inc., State of Alaska Department of Revenue and Cerebellum GP LLC. 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 $94.69.

Celanese has a market capitalization of $12.57 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]