Element Solutions - ESI Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Element Solutions in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.
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5 brokerages have issued 1 year price objectives for Element Solutions' stock. Their ESI share price forecasts range from $17.50 to $24.00. On average, they predict the company's share price to reach $21.08 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
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Element Solutions' stock was trading at $18.19 at the start of the year. Since then, ESI stock has increased by 6.2% and is now trading at $19.31.
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Element Solutions saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,160,000 shares, an increase of 7.5% from the February 28th total of 2,940,000 shares. Based on an average daily trading volume, of 1,210,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.4% 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 Wednesday, April 26th 2023.
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Element Solutions Inc (NYSE:ESI) released its quarterly earnings data on Tuesday, February, 21st. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The firm earned $573.80 million during the quarter, compared to the consensus estimate of $589.81 million. Element Solutions had a net margin of 7.34% and a trailing twelve-month return on equity of 14.53%. The company's revenue was down 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 EPS.

Element Solutions announced a quarterly dividend on Monday, February 13th. Investors of record on Wednesday, March 1st will be given a dividend of $0.08 per share on Wednesday, March 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Tuesday, February 28th.
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), First Trust Materials AlphaDEX Fund (FXZ), Invesco DWA Basic Materials Momentum ETF (PYZ), Global X Guru Index ETF (GURU), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), iShares U.S. Basic Materials ETF (IYM), Fidelity Small-Mid Cap Opportunities ETF (FSMO) and Vanguard Materials ETF (VAW).

Element Solutions (NYSE:ESI) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.71%. The dividend payout ratio is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESI will have a dividend payout ratio of 21.05% 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 2023 earnings guidance on Tuesday, February, 21st. The company provided EPS guidance of $1.40-$1.43 for the period, compared to the consensus earnings per share estimate of $1.40. 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 a variety of institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (7.08%), Dimensional Fund Advisors LP (5.85%), American Century Companies Inc. (2.24%), Barrow Hanley Mewhinney & Strauss LLC (1.87%), Vaughan Nelson Investment Management L.P. (1.77%) and Price T Rowe Associates Inc. MD (1.74%). Insiders that own company stock include Martin E Franklin, Nichelle Maynard-Elliott and Patricia Mount.
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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 $19.31.

Element Solutions (NYSE:ESI) has a market capitalization of $4.66 billion and generates $2.55 billion in revenue each year. The company earns $187.20 million in net income (profit) each year or $0.76 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.