Covestro (COVTY) Stock Price, News & Analysis

+0.28 (+1.08%)
(As of 05/17/2024 ET)
Today's Range
50-Day Range
52-Week Range
8,913 shs
Average Volume
10,401 shs
Market Capitalization
$9.91 billion
P/E Ratio
Dividend Yield
Price Target
COVTY stock logo

About Covestro Stock (OTCMKTS:COVTY)

Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including polycarbonates, precursors for coatings and adhesives, MDI specialties and polyols, thermoplastic polyurethanes, specialty films, and elastomers that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for solar panel frames, laptops, floodlights, and electric vehicle batteries. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

COVTY Stock Price History

COVTY Stock News Headlines

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Company Calendar

Last Earnings
Fiscal Year End

Industry, Sector and Symbol

Private households
Current Symbol
Year Founded


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$7.54 per share


Free Float
Market Cap
$9.91 billion
Not Optionable
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Key Executives

  • Dr. Markus Steilemann (Age 54)
    CEO & Chairman of Management Board
    Comp: $3.17M
  • Mr. Christian Baier (Age 48)
    CFO & Member of Management Board
    Comp: $5.04M
  • Ms. Sucheta Govil (Age 61)
    Chief Commercial Officer & Member of Management Board
    Comp: $1.65M
  • Dr. Thorsten Dreier
    CTO & Member of Management Board
  • Mr. Ronald Koehler
    Head of Investor Relations
  • Mr. Uwe Arndt
    Head of MDI Site
  • Mr. Nils Janus
    Head of Artificial Intelligence
  • Ms. Sophie von Saldern
    Global Head of Human Resources

COVTY Stock Analysis - Frequently Asked Questions

Should I buy or sell Covestro stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Covestro in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" COVTY shares.
View COVTY analyst ratings
or view top-rated stocks.

How have COVTY shares performed in 2024?

Covestro's stock was trading at $29.2160 at the beginning of the year. Since then, COVTY shares have decreased by 10.2% and is now trading at $26.23.
View the best growth stocks for 2024 here

Are investors shorting Covestro?

Covestro saw a increase in short interest in April. As of April 30th, there was short interest totaling 300 shares, an increase of 50.0% from the April 15th total of 200 shares. Based on an average daily volume of 21,100 shares, the days-to-cover ratio is currently 0.0 days.
View Covestro's Short Interest

How were Covestro's earnings last quarter?

Covestro AG (OTCMKTS:COVTY) posted its quarterly earnings data on Tuesday, April, 30th. The company reported ($0.10) EPS for the quarter. The firm earned $3.81 billion during the quarter. Covestro had a negative trailing twelve-month return on equity of 8.62% and a negative net margin of 5.81%.

How do I buy shares of Covestro?

Shares of COVTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:COVTY) was last updated on 5/19/2024 by MarketBeat.com Staff

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