Element Solutions Stock Price, News & Analysis (NYSE:ESI)

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Element Solutions in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ESI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESI, but not buy additional shares or sell existing shares.
View ESI analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 12 month target prices for Element Solutions' shares. Their ESI share price targets range from $18.00 to $23.00. On average, they expect the company's stock price to reach $21.40 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for ESI or view top-rated stocks among Wall Street analysts.

Element Solutions' stock was trading at $18.19 at the beginning of 2023. Since then, ESI stock has increased by 15.3% and is now trading at $20.9650.
View the best growth stocks for 2023 here.

Element Solutions saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 3,800,000 shares, a drop of 14.4% from the October 31st total of 4,440,000 shares. Based on an average daily volume of 1,170,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.7% of the company's shares are short sold.
View Element Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our ESI earnings forecast.

Element Solutions Inc (NYSE:ESI) posted its quarterly earnings results on Wednesday, October, 25th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.02. The firm earned $599.30 million during the quarter, compared to the consensus estimate of $624.50 million. Element Solutions had a trailing twelve-month return on equity of 13.15% and a net margin of 2.30%.

Element Solutions announced a quarterly dividend on Thursday, November 16th. Shareholders of record on Friday, December 1st will be given a dividend of $0.08 per share on Friday, December 15th. This represents a $0.32 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for ESI.

Element Solutions (NYSE:ESI) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.54%. The dividend payout ratio is 145.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ESI will have a dividend payout ratio of 21.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESI.

ETFs with the largest weight of Element Solutions (NYSE:ESI) stock in their portfolio include American Century Mid Cap Growth Impact (MID), WisdomTree U.S. AI Enhanced Value Fund (AIVL), First Trust Materials AlphaDEX Fund (FXZ), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Harbor Small Cap Explorer ETF (QWST), iShares U.S. Basic Materials ETF (IYM), Dimensional US Small Cap Value ETF (DFSV) and Fidelity MSCI Materials Index ETF (FMAT).

Element Solutions updated its FY23 earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of ~$1.30 for the period, compared to the consensus EPS estimate of $1.30.

37 employees have rated Element Solutions Chief Executive Officer Kevin M. Modany on Glassdoor.com. Kevin M. Modany has an approval rating of 22% among the company's employees. This puts Kevin M. Modany in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Element Solutions investors own include Freeport-McMoRan (FCX), Yamana Gold (AUY), Glu Mobile (GLUU), Sangamo Therapeutics (SGMO), Cleveland-Cliffs (CLF), Devon Energy (DVN), Energy Transfer (ET), Corning (GLW), Harmony Gold Mining (HMY) and NeoPhotonics (NPTN).

Element Solutions' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (7.96%), Gates Capital Management Inc. (3.36%), American Century Companies Inc. (2.21%), Massachusetts Financial Services Co. MA (2.03%), Vaughan Nelson Investment Management L.P. (1.86%) and Invesco Ltd. (1.82%). Insiders that own company stock include Benjamin Gliklich, Carey J Dorman, Martin E Franklin, Michael Goralski, Michael Goralski and Nichelle Maynard-Elliott.
View institutional ownership trends.

Shares of ESI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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