NYSE:CECelanese Stock Price, Forecast & News

Celanese's stock was trading at $80.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CE stock has decreased by 6.1% and is now trading at $75.71. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 9 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Celanese.

Celanese is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for Celanese.

Celanese will be holding an earnings conference call on Tuesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Celanese Co. (NYSE:CE) released its quarterly earnings results on Thursday, January, 30th. The basic materials company reported $1.99 EPS for the quarter, missing the Zacks' consensus estimate of $2.09 by $0.10. The basic materials company earned $1.43 billion during the quarter, compared to analyst estimates of $1.52 billion. Celanese had a net margin of 13.53% and a return on equity of 37.36%. The business's quarterly revenue was down 15.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.38 EPS. View Celanese's earnings history.

Celanese announced a quarterly dividend on Wednesday, February 5th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.62 per share on Friday, February 28th. This represents a $2.48 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Friday, February 14th. View Celanese's dividend history.

Celanese issued an update on 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.

19 brokerages have issued 12 month price targets for Celanese's shares. Their forecasts range from $81.00 to $135.00. On average, they anticipate Celanese's share price to reach $108.06 in the next year. This suggests a possible upside of 42.7% from the stock's current price. View analysts' price targets for Celanese.

News headlines about CE stock have trended very negative on Tuesday, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Celanese earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutCelanese.

Celanese saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,954,200 shares, an increase of 16.3% from the February 27th total of 1,680,000 shares. Based on an average daily trading volume, of 911,300 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.7% of the company's stock are short sold. View Celanese's Current Options Chain.

Some companies that are related to Celanese include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Balchem (BCPC), Ashland Global (ASH), W. R. Grace & Co (GRA), Quaker Chemical (KWR), Stepan (SCL), PolyOne (POL), Sensient Technologies (SXT), Innospec (IOSP) and HB Fuller (FUL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Celanese investors own include NVIDIA (NVDA), Alibaba Group (BABA), UnitedHealth Group (UNH), Boeing (BA), Home Depot (HD), AbbVie (ABBV), Micron Technology (MU), JPMorgan Chase & Co. (JPM), Amgen (AMGN) and Bank of America (BAC).

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

Celanese's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%), American National Bank (0.02%) and Fulton Bank N.A. (0.00%). 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 American National Bank. View insider buying and selling activity for Celanese.

CE stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Fulton Bank N.A.. View insider buying and selling activity 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 $75.71.

Celanese has a market capitalization of $9.05 billion and generates $6.30 billion in revenue each year. The basic materials company earns $852 million in net income (profit) each year or $9.53 on an earnings per share basis. Celanese employs 7,714 workers across the globe. View additional information about Celanese.

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]