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Modern Day Options Trading For Beginners! (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
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Modern Day Options Trading For Beginners! (Ad)pixel
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'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
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Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Modern Day Options Trading For Beginners! (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Modern Day Options Trading For Beginners! (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
OTCMKTS:COVTY

Covestro - COVTY Stock Forecast, Price & News

$19.61
-0.62 (-3.06%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$19.38
$19.64
50-Day Range
$18.86
$23.85
52-Week Range
$13.70
$27.50
Volume
41,160 shs
Average Volume
123,012 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
6.73%
Price Target
$42.56

Covestro MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
117.0% Upside
$42.56 Price Target
Short Interest
Bearish
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.23mentions of Covestro in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-63.01%
From $0.73 to $0.27 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars


COVTY stock logo

About Covestro (OTCMKTS:COVTY) Stock

Covestro AG supplies high-tech polymer materials and related 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 precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. 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.

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COVTY Stock News Headlines

"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Blackpool v Coventry City
See More Headlines
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COVTY Company Calendar

Today
3/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:COVTY
CIK
N/A
Fax
N/A
Employees
17,557
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$42.56
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$31.00
Forecasted Upside/Downside
+117.0%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

Net Income
$-286,630,000.00
Pretax Margin
7.28%

Debt

Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$7.13 per share
Book Value
$23.77 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.25

Key Executives

  • Dr. Markus Steilemann (Age 53)
    CEO & Chairman of Management Board
    Comp: $3.63M
  • Dr. Thomas Toepfer (Age 51)
    CFO, Labor Director & Member of Management Board
    Comp: $2.13M
  • Dr. Klaus Schäfer (Age 61)
    CTO & Member of Management Board
    Comp: $1.74M
  • Ms. Sucheta Govil (Age 60)
    Chief Commercial Officer & Member of Management Board
    Comp: $1.7M
  • Mr. Ronald Koehler
    Head of Investor Relations
  • Dr. Joachim H. Wolff (Age 71)
    Head of Polyurethanes Bus. Unit
  • Mr. Daniel Meyer (Age 56)
    Head of Polyurethanes (PU) Segment
  • Ms. Michelle B. B. Jou (Age 54)
    Head of Polycarbonates Segment
  • Mr. Michael Friede
    Head of S Coatings, Adhesives, Specialties Segment
  • Mr. Uwe Arndt
    Head of MDI Site













COVTY Stock - Frequently Asked Questions

Should I buy or sell Covestro stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covestro in the last year. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" COVTY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COVTY, but not buy additional shares or sell existing shares.
View COVTY analyst ratings
or view top-rated stocks.

What is Covestro's stock price forecast for 2023?

14 Wall Street analysts have issued twelve-month price targets for Covestro's shares. Their COVTY share price forecasts range from $31.00 to $60.00. On average, they anticipate the company's share price to reach $42.56 in the next year. This suggests a possible upside of 117.0% from the stock's current price.
View analysts price targets for COVTY
or view top-rated stocks among Wall Street analysts.

How have COVTY shares performed in 2023?

Covestro's stock was trading at $19.45 on January 1st, 2023. Since then, COVTY shares have increased by 0.8% and is now trading at $19.61.
View the best growth stocks for 2023 here
.

Are investors shorting Covestro?

Covestro saw a increase in short interest in February. As of February 28th, there was short interest totaling 3,400 shares, an increase of 277.8% from the February 13th total of 900 shares. Based on an average trading volume of 38,500 shares, the short-interest ratio is presently 0.1 days.
View Covestro's Short Interest
.

How often does Covestro pay dividends? What is the dividend yield for Covestro?

Covestro announced a dividend on Tuesday, April 19th. Investors of record on Monday, April 25th will be given a dividend of $1.3605 per share on Friday, May 6th. This represents a dividend yield of 5.92%. The ex-dividend date is Friday, April 22nd.
Read our dividend analysis for COVTY
.

Is Covestro a good dividend stock?

Covestro (OTCMKTS:COVTY) pays an annual dividend of $1.32 per share and currently has a dividend yield of 6.41%. COVTY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for COVTY.

What is Covestro's stock symbol?

Covestro trades on the OTCMKTS under the ticker symbol "COVTY."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Covestro's stock price today?

One share of COVTY stock can currently be purchased for approximately $19.61.

How many employees does Covestro have?

The company employs 17,557 workers across the globe.

How can I contact Covestro?

Covestro's mailing address is Kaiser-Wilhelm-Allee 60, Leverkusen 2M, 51373. The official website for the company is www.covestro.com. The company can be reached via phone at 49-2146-009-2000 or via email at ir@covestro.com.

This page (OTCMKTS:COVTY) was last updated on 3/25/2023 by MarketBeat.com Staff