Celanese Corporation (CE)
| Market Cap | 16.91B |
| Revenue (ttm) | 10.72B |
| Net Income (ttm) | 2.03B |
| Shares Out | 108.86M |
| EPS (ttm) | 18.55 |
| PE Ratio | 8.38 |
| Forward PE | 13.40 |
| Dividend | $2.80 (1.80%) |
| Ex-Dividend Date | Oct 27, 2023 |
| Volume | 447,165 |
| Open | 157.01 |
| Previous Close | 157.33 |
| Day's Range | 155.32 - 157.64 |
| 52-Week Range | 97.12 - 159.06 |
| Beta | 1.32 |
| Analysts | Hold |
| Price Target | 129.39 (-16.72%) |
| Earnings Date | Feb 22, 2024 |
About CE
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. It also offers acesulfame potassium for the food and beverage industry, and food protection ingredients, such as potassium sorbat... [Read more]
Financial Performance
In 2022, Celanese's revenue was $9.67 billion, an increase of 13.31% compared to the previous year's $8.54 billion. Earnings were $1.89 billion, an increase of 0.21%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CE stock is "Hold." The 12-month stock price forecast is $129.39, which is a decrease of -16.72% from the latest price.
News
Celanese Corporation Reports Third Quarter 2023 Earnings
DALLAS--(BUSINESS WIRE)--Celanese Corporation Reports Third Quarter 2023 Earnings.
Celanese Announces New Leadership Appointments to Enhance Value Creation
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces New Leadership Appointments to Enhance Value Creation.
Ganesh Moorthy Elected to Celanese Board of Directors
DALLAS--(BUSINESS WIRE)---- $CE--Ganesh Moorthy Elected to Celanese Board of Directors.
Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share
DALLAS--(BUSINESS WIRE)--Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share.
Celanese to Hold Third Quarter Earnings Conference Call on November 7, 2023
DALLAS--(BUSINESS WIRE)--Celanese to Hold Third Quarter Earnings Conference Call on November 7, 2023.
Celanese Completes the Formation of Nutrinova, a Food Ingredients Joint Venture with Mitsui
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Completes the Formation of Nutrinova, a Food Ingredients Joint Venture with Mitsui.
Celanese Announces Agreement with the Population Council for Sustained Release Dual-API Therapeutic
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Agreement with the Population Council for Sustained Release Dual-API Therapeutic.
Celanese Announces Pricing Terms Of Cash Tender Offer For Certain Celanese US Holdings LLC Debt Securities
DALLAS--(BUSINESS WIRE)--Celanese Announces Pricing Terms Of Cash Tender Offer For Certain Celanese US Holdings LLC Debt Securities.
Celanese Announces Early Results And Upsizing Of Cash Tender Offer Of Certain Celanese US Holdings LLC Debt Securities
DALLAS--(BUSINESS WIRE)--Celanese Announces Early Results And Upsizing Of Cash Tender Offer Of Certain Celanese US Holdings LLC Debt Securities.
Warren Buffett's Berkshire Hathaway bet on 3 homebuilders - and sold and slashed a bunch of stocks last quarter
Warren Buffett's Berkshire Hathaway added a trio of homebuilders to its portfolio last quarter. The investor's company exited three stocks and slashed several of its positions, SEC filings show.
Celanese Corporation Executes Series of Transactions to Extend Debt Maturity Profile and Lower Net Borrowing Rate
DALLAS--(BUSINESS WIRE)--Celanese Corporation Executes Series of Transactions to Extend Debt Maturity Profile and Lower Net Borrowing Rate.
Celanese Announces Cash Tender Offer For Up To $1.75 Billion Aggregate Purchase Price Of Celanese US Holdings LLC's Debt Securities
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Cash Tender Offer For Up To $1.75 billion Aggregate Purchase Price Of Celanese US Holdings LLC's Debt Securities.
Celanese Corporation Reports Second Quarter 2023 Earnings
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported second quarter 2023 GAAP diluted earnings per share of $2.00 and adjusted ea...
Celanese to Hold Second Quarter Earnings Conference Call on August 8, 2023
DALLAS--(BUSINESS WIRE)--CE Q2 2023 Earnings date Press Release - August 2023.
Manufacturing Leadership Council Honors Celanese for its Strategy to Enable ‘Digital Plant of the Future'
DALLAS--(BUSINESS WIRE)---- $CE--Manufacturing Leadership Council Honors Celanese for its Strategy to Enable ‘Digital Plant of the Future'.
Celanese and Mitsui Sign Definitive Agreement to Form Nutrinova, a Food Ingredients Joint Venture
DALLAS--(BUSINESS WIRE)---- $CE--Celanese and Mitsui Sign Definitive Agreement to Form Nutrinova, a Food Ingredients Joint Venture.
Too much debt coming due and not much cash on hand: These 10 companies face a rough year ahead
Jefferies & Co. offered a list of the top 10 companies with low cash and high near-term debt maturities this week that it's advising investors to avoid.
Celanese Announces Vamac® AEM Price Increases
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Vamac® AEM Price Increases.
Celanese Corporation Reports First Quarter 2023 Earnings
DALLAS--(BUSINESS WIRE)--1Q23 NON-GAAP FINANCIAL MEASURES.
Celanese to Hold First Quarter Earnings Conference Call on May 10, 2023
DALLAS--(BUSINESS WIRE)--Copy Headline of PR
Celanese Announces Agreement with Glaukos Corporation for Sustained Release Glaucoma Treatment
DALLAS--(BUSINESS WIRE)--Celanese Announces Agreement with Glaukos Corporation for Sustained Release Glaucoma Treatment
Celanese Announces Collaboration with Alessa Therapeutics for the Advancement of Oncology Treatments
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Collaboration with Alessa Therapeutics for the Advancement of Oncology Treatments
Celanese Announces Hytrel® Price Increases
DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Hytrel® Price Increases