Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as insulating material in the construction industry and in refrigeration chains. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The Coatings, Adhesives, Specialties segment offers precursors for coatings, adhesives, and sealants, as well as specialties. This segment also provides polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. It markets its products through trading houses and distributors. The company has partnership with Genomatica, Inc. to research and develop high-performance materials based on renewable feed-stocks. Covestro AG was founded in 2005 and is headquartered in Leverkusen, Germany.
Industry, Sector and Symbol
Industry Private households
Sub-IndustryN/A
SectorBasic Materials
CIKN/A
Phone49-2146-009-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$17.26 billion
Profitability
Miscellaneous
Employees17,000
Next Earnings Date2/24/2020 (Estimated)
OptionableNot Optionable
COVESTRO AG/S (OTCMKTS:COVTY) Frequently Asked Questions
What is COVESTRO AG/S's stock symbol?
COVESTRO AG/S trades on the OTCMKTS under the ticker symbol "COVTY."
How often does COVESTRO AG/S pay dividends? What is the dividend yield for COVESTRO AG/S?
COVESTRO AG/S announced an annual dividend on Friday, April 5th. Shareholders of record on Tuesday, April 16th will be paid a dividend of $0.971 per share on Monday, April 29th. This represents a yield of 3.31%. The ex-dividend date of this dividend is Monday, April 15th. View COVESTRO AG/S's Dividend History.
When is COVESTRO AG/S's next earnings date?
What is the consensus analysts' recommendation for COVESTRO AG/S?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for COVESTRO AG/S in the last year. There are currently 2 sell ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for COVESTRO AG/S.
Has COVESTRO AG/S been receiving favorable news coverage?
News stories about COVTY stock have been trending very positive on Saturday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. COVESTRO AG/S earned a coverage optimism score of 3.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for COVESTRO AG/S.
Who are some of COVESTRO AG/S's key competitors?
Some companies that are related to COVESTRO AG/S include UniCredit (UNCFF), SMC CORP JAPAN/S (SMCAY), HENNES & MAURIT/ADR (HNNMY), EXPERIAN PLC/ADR (EXPGY), ASSD BRIT FOODS/ADR (ASBFY), CHINA CITIC BK/ADR (CHCJY), ASSA ABLOY AB/S (ASAZY), A P MOLLER-MAER/ADR (AMKBY), BAE SYS PLC/S (BAESY), SAMPO OYJ/ADR (SAXPY), SANDVIK AB/ADR (SDVKY), FERROVIAL S A/ADR (FRRVY), KERRY GRP PLC/S (KRYAY), SUZUKI MTR CORP/ADR (SZKMY) and MICHELIN COMPAG/ADR (MGDDY).
What other stocks do shareholders of COVESTRO AG/S own?
Who are COVESTRO AG/S's key executives?
COVESTRO AG/S's management team includes the folowing people:
- Dr. Markus Steilemann, CEO, Chief Commercial Officer & Chairman of Management Board (Age 49)
- Dr. Thomas Toepfer, CFO, Labor Director & Member of Management Board (Age 47)
- Dr. Klaus Schäfer, CTO & Member of Management Board (Age 57)
- Mr. Ronald Kohler, Head of Investor Relations
- Dr. Joachim H. Wolff, Head of Polyurethanes Bus. Unit (Age 67)
How do I buy shares of COVESTRO AG/S?
Shares of COVTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is COVESTRO AG/S's stock price today?
One share of COVTY stock can currently be purchased for approximately $22.68.
How big of a company is COVESTRO AG/S?
COVESTRO AG/S has a market capitalization of $8.29 billion and generates $17.26 billion in revenue each year. The company earns $2.15 billion in net income (profit) each year or $5.59 on an earnings per share basis. COVESTRO AG/S employs 17,000 workers across the globe.View Additional Information About COVESTRO AG/S.
What is COVESTRO AG/S's official website?
How can I contact COVESTRO AG/S?
COVESTRO AG/S's mailing address is Kaiser-Wilhelm-Allee 60, Leverkusen 2M, 51373. The company can be reached via phone at 49-2146-009-2000 or via email at [email protected]
MarketBeat Community Rating for COVESTRO AG/S (OTCMKTS COVTY)
MarketBeat's community ratings are surveys of what our community members think about COVESTRO AG/S and other stocks. Vote "Outperform" if you believe COVTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COVTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
