FY2026 Earnings Forecast for Celanese Issued By KeyCorp

Celanese Co. (NYSE:CE) – Research analysts at KeyCorp issued their FY2026 earnings per share estimates for shares of Celanese in a research report issued on Thursday, March 20th. KeyCorp analyst A. Yefremov anticipates that the basic materials company will post earnings per share of $7.61 for the year. KeyCorp has a “Overweight” rating and a $76.00 price objective on the stock. The consensus estimate for Celanese’s current full-year earnings is $8.79 per share.

Several other research analysts have also commented on the company. Vertical Research upgraded Celanese from a “sell” rating to a “hold” rating and set a $66.00 price target on the stock in a report on Thursday, March 6th. Jefferies Financial Group reduced their target price on shares of Celanese from $102.00 to $82.00 in a research note on Thursday, December 5th. Alembic Global Advisors upgraded shares of Celanese from a “neutral” rating to an “overweight” rating and set a $70.00 target price on the stock in a report on Monday, March 17th. Robert W. Baird cut their price target on shares of Celanese from $110.00 to $67.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Finally, Mizuho decreased their price objective on Celanese from $120.00 to $86.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Celanese currently has a consensus rating of “Hold” and a consensus price target of $66.67.

Celanese Trading Down 0.5 %

Shares of Celanese stock opened at $59.14 on Monday. Celanese has a 1-year low of $45.94 and a 1-year high of $172.16. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.34 and a quick ratio of 0.76. The stock has a market cap of $6.47 billion, a P/E ratio of -4.25, a P/E/G ratio of 1.05 and a beta of 1.23. The stock’s 50 day simple moving average is $62.68 and its 200-day simple moving average is $85.82.

Celanese (NYSE:CE) last posted its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.20. Celanese had a negative net margin of 14.81% and a positive return on equity of 12.86%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.36 billion.

Celanese Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 25th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.20%. The ex-dividend date was Tuesday, February 25th. Celanese’s dividend payout ratio is currently -0.86%.

Institutional Trading of Celanese

Hedge funds have recently made changes to their positions in the business. Dodge & Cox raised its stake in shares of Celanese by 100.3% in the fourth quarter. Dodge & Cox now owns 13,618,062 shares of the basic materials company’s stock valued at $942,506,000 after acquiring an additional 6,818,993 shares in the last quarter. Norges Bank acquired a new stake in Celanese in the 4th quarter valued at about $222,815,000. Turtle Creek Asset Management Inc. boosted its stake in shares of Celanese by 266.7% in the 4th quarter. Turtle Creek Asset Management Inc. now owns 3,506,440 shares of the basic materials company’s stock valued at $242,681,000 after buying an additional 2,550,334 shares during the period. Fuller & Thaler Asset Management Inc. grew its position in shares of Celanese by 4,506.7% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,344,661 shares of the basic materials company’s stock worth $162,274,000 after buying an additional 2,293,764 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Celanese by 27.4% during the third quarter. Wellington Management Group LLP now owns 9,460,353 shares of the basic materials company’s stock worth $1,286,230,000 after buying an additional 2,036,362 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

About Celanese

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.