Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. The company operates through Engineered Materials, Acetate Tow, and Acetyl Chain segments. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.
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Industry, Sector and Symbol
Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
Phone972-443-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$7.16 billion
Profitability
Miscellaneous
Employees7,684
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable
Celanese (NYSE:CE) Frequently Asked Questions
What is Celanese's stock symbol?
Celanese trades on the New York Stock Exchange (NYSE) under the ticker symbol "CE."
How often does Celanese pay dividends? What is the dividend yield for Celanese?
Celanese announced a quarterly dividend on Monday, July 15th. Stockholders of record on Friday, July 26th will be paid a dividend of $0.62 per share on Monday, August 5th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date is Thursday, July 25th. View Celanese's Dividend History.
How were Celanese's earnings last quarter?
Celanese Co. (NYSE:CE) released its quarterly earnings results on Monday, July, 22nd. The basic materials company reported $2.38 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.36 by $0.02. The basic materials company had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.64 billion. Celanese had a net margin of 15.52% and a return on equity of 38.56%. Celanese's quarterly revenue was down 13.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.90 EPS. View Celanese's Earnings History.
When is Celanese's next earnings date?
What guidance has Celanese issued on next quarter's earnings?
Celanese updated its FY19 earnings guidance on Monday, July, 22nd. The company provided EPS guidance of $10.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $10.22.
What price target have analysts set for CE?
16 analysts have issued 12-month price objectives for Celanese's stock. Their forecasts range from $100.00 to $126.00. On average, they anticipate Celanese's share price to reach $118.5333 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. View Analyst Price Targets for Celanese.
What is the consensus analysts' recommendation for Celanese?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Celanese.
Has Celanese been receiving favorable news coverage?
News headlines about CE stock have trended somewhat positive this week, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Celanese earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Celanese.
Are investors shorting Celanese?
Celanese saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 3,764,900 shares, an increase of 30.1% from the July 31st total of 2,892,800 shares. Based on an average daily trading volume, of 969,700 shares, the short-interest ratio is presently 3.9 days. Currently, 3.1% of the company's shares are short sold. View Celanese's Current Options Chain.
Who are some of Celanese's key competitors?
Some companies that are related to Celanese include Tc Pipelines (TRP), AIR LIQUIDE/ADR (AIQUY), Basf (BAS), Ecolab (ECL), Rio Tinto (RIO), Linde (LIN), Air Products & Chemicals (APD), BHP Group (BBL), GLENCORE PLC/ADR (GLNCY), SHIN ETSU CHEM/ADR (SHECY), Barrick Gold (ABX), Nutrien (NTR), BHP Group (BHP), GMK Noril'skiy nikel' PAO (GDR) (NILSY) and SHOWA DENKO KK/ADR (SHWDY).
What other stocks do shareholders of Celanese own?
Who are Celanese's key executives?
Celanese's management team includes the folowing people:
- Mr. Mark C. Rohr, Chairman, CEO & Pres (Age 68)
- Mr. Scott A. Richardson, Sr. VP & CFO (Age 42)
- Ms. Shannon L. Jurecka, Sr. VP & Chief HR Officer (Age 49)
- Mr. Kevin S. Oliver, Chief Financial Officer for European Headquarters (Age 47)
- Ms. Benita M. Casey, Chief Accounting Officer, VP of Fin. & Controller
Who are Celanese's major shareholders?
Celanese's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.38%), BlackRock Inc. (7.19%), BlackRock Inc. (7.19%), Lyrical Asset Management LP (2.78%), LSV Asset Management (2.41%) and Wells Fargo & Company MN (2.35%). Company insiders that own Celanese stock include Christopher W Jensen, John K Wulff and Peter G Edwards. View Institutional Ownership Trends for Celanese.
Which institutional investors are selling Celanese stock?
CE stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, JPMorgan Chase & Co., Canada Pension Plan Investment Board, D. E. Shaw & Co. Inc., Vanguard Group Inc., Wells Fargo & Company MN, Amundi Pioneer Asset Management Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Celanese.
Which institutional investors are buying Celanese stock?
CE stock was acquired by a variety of institutional investors in the last quarter, including Holocene Advisors LP, Nuveen Asset Management LLC, DekaBank Deutsche Girozentrale, Artemis Investment Management LLP, LSV Asset Management, Jacobs Levy Equity Management Inc., PGGM Investments and Invesco Ltd.. View Insider Buying and Selling for Celanese.
How do I buy shares of 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.
What is Celanese's stock price today?
One share of CE stock can currently be purchased for approximately $124.68.
How big of a company is Celanese?
Celanese has a market capitalization of $15.43 billion and generates $7.16 billion in revenue each year. The basic materials company earns $1.21 billion in net income (profit) each year or $11.00 on an earnings per share basis. Celanese employs 7,684 workers across the globe.View Additional Information About Celanese.
What is Celanese's official website?
How can I contact Celanese?
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]
MarketBeat Community Rating for Celanese (NYSE CE)
MarketBeat's community ratings are surveys of what our community members think about Celanese and other stocks. Vote "Outperform" if you believe CE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CE will underperform the S&P 500 over the long term. You may vote once every thirty days.
