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 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Friday, October 26th. View Celanese's Dividend History.

Celanese declared that its board has approved a stock repurchase program on Tuesday, July 18th 2017, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 10.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Celanese Co. (NYSE:CE) posted its earnings results on Thursday, October, 18th. The basic materials company reported $2.96 EPS for the quarter, topping analysts' consensus estimates 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 company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.93 earnings per share. 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.

14 brokers have issued 12-month target prices for Celanese's shares. Their forecasts range from $100.00 to $145.00. On average, they anticipate Celanese's share price to reach $120.4375 in the next year. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for Celanese.

14 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 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Celanese.

Media coverage about CE stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Celanese earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company'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 currently 1.7 days. Currently, 5.7% of the shares of the stock are sold short. View Celanese's Current Options Chain.

Some companies that are related to Celanese include SHOWA DENKO KK/ADR (SHWDY), 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) and POSCO (PKX).

Celanese's stock is owned by many different of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.05%), Retirement Systems of Alabama (0.04%), Nisa Investment Advisors LLC (0.04%), American National Bank (0.03%), State of Alaska Department of Revenue (0.02%) and DNB Asset Management AS (0.02%). 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 Nippon Life Global Investors Americas Inc., 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 bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Bowling Portfolio Management LLC, Nisa Investment Advisors LLC, Highland Capital Management LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers LLC, DNB Asset Management AS and Visionary Asset Management Inc.. 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 $96.16.

Celanese has a market capitalization of $12.66 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]