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 Wednesday, April 18th. Stockholders of record on Monday, April 30th will be paid a dividend of $0.54 per share on Thursday, May 10th. This represents a $2.16 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Friday, April 27th. This is a boost from Celanese's previous quarterly dividend of $0.46. View Celanese's Dividend History.

Celanese declared that its Board of Directors 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 typically an indication that the company's board of directors believes its stock is undervalued.

Celanese Co. (NYSE:CE) announced its quarterly earnings results on Monday, April, 16th. The basic materials company reported $2.79 EPS for the quarter, topping the Thomson Reuters' 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 return on equity of 35.22% and a net margin of 15.69%. The business's quarterly revenue was up 25.8% on a year-over-year basis. During the same period in the previous year, the business 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 brokerages have issued twelve-month price targets for Celanese's shares. Their predictions range from $82.00 to $150.00. On average, they expect Celanese's stock price to reach $121.0127 in the next twelve months. This suggests a possible upside of 11.5% 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).

News coverage about CE stock has trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Celanese earned a daily sentiment score of 0.21 on Accern's scale. They also assigned news stories about the basic materials company an impact score of 46.14 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Celanese's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.13%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), American National Bank (0.03%), Capital One National Association (0.02%), Bank of Montreal Can (0.02%) and State of Alaska Department of Revenue (0.02%). 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 NN Investment Partners Holdings N.V., Gulf International Bank UK Ltd, Scout Investments Inc., Bank of Montreal Can, American National Bank, Fjarde AP Fonden Fourth Swedish National Pension Fund, Winslow Evans & Crocker Inc. and Capital One National Association. 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, 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 $108.57.

Celanese has a market capitalization of $15.05 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]