Element Solutions - ESI Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Element Solutions in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ESI shares.
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4 Wall Street analysts have issued 12-month target prices for Element Solutions' shares. Their ESI share price forecasts range from $22.00 to $28.00. On average, they predict the company's share price to reach $25.25 in the next year. This suggests a possible upside of 52.0% from the stock's current price.
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Element Solutions' stock was trading at $24.28 on January 1st, 2022. Since then, ESI shares have decreased by 31.6% and is now trading at $16.61.
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Element Solutions saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,370,000 shares, an increase of 19.1% from the August 15th total of 1,990,000 shares. Based on an average trading volume of 1,230,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.1% of the company's stock are sold short.
View Element Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our ESI earnings forecast.

Element Solutions Inc (NYSE:ESI) posted its earnings results on Wednesday, July, 27th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.01. The company had revenue of $677 million for the quarter, compared to analyst estimates of $681.97 million. Element Solutions had a net margin of 6.15% and a trailing twelve-month return on equity of 13.99%. Element Solutions's revenue was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 earnings per share.

Element Solutions announced a quarterly dividend on Thursday, August 18th. Investors of record on Thursday, September 1st will be paid a dividend of $0.08 per share on Thursday, September 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Wednesday, August 31st.
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 1.90%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 49.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESI will have a dividend payout ratio of 18.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESI.

Element Solutions updated its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of $1.52-$1.55 for the period, compared to the consensus EPS estimate of $1.54. The company issued revenue guidance of -.

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

Element Solutions' stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (8.90%), FMR LLC (6.20%), Massachusetts Financial Services Co. MA (2.99%), Glenview Capital Management LLC (1.70%), Vaughan Nelson Investment Management L.P. (1.52%) and State Street Corp (1.44%). Insiders that own company stock include Carey J Dorman, Martin E Franklin, Nichelle Maynard-Elliott, Patricia Mount and Scot Benson.
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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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One share of ESI stock can currently be purchased for approximately $16.61.

Element Solutions (NYSE:ESI) has a market capitalization of $4.07 billion and generates $2.40 billion in revenue each year. The company earns $203.30 million in net income (profit) each year or $0.65 on an earnings per share basis.

The company employs 5,300 workers across the globe.

Element Solutions' mailing address is 500 EAST BROWARD BOULEVARD SUITE 1860, FORT LAUDERDALE FL, 33394. The official website for the company is www.elementsolutionsinc.com. The company can be reached via phone at (561) 207-9600, via email at ir@elementsolutionsinc.com, or via fax at 203-575-7970.