Celanese (NYSE:CE – Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 2.000-2.400 for the period, compared to the consensus EPS estimate of 1.540. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the company. Citigroup boosted their price objective on Celanese from $81.00 to $84.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Bank of America lifted their price objective on Celanese from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Mizuho lifted their price objective on Celanese from $55.00 to $58.00 and gave the company a “neutral” rating in a report on Tuesday, March 31st. Finally, Jefferies Financial Group raised Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $66.00.
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Celanese Price Performance
Celanese (NYSE:CE – Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.25 billion. Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.Celanese’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. As a group, equities analysts anticipate that Celanese will post 5.16 earnings per share for the current fiscal year.
Celanese Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Monday, April 27th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s payout ratio is currently -1.13%.
Hedge Funds Weigh In On Celanese
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its stake in Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 270 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Celanese by 1.3% during the fourth quarter. Bank of Montreal Can now owns 22,723 shares of the basic materials company’s stock valued at $961,000 after acquiring an additional 288 shares during the period. State of Tennessee Department of Treasury lifted its stake in shares of Celanese by 0.7% during the fourth quarter. State of Tennessee Department of Treasury now owns 42,083 shares of the basic materials company’s stock valued at $1,870,000 after acquiring an additional 313 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Celanese by 100.0% during the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 331 shares during the period. Finally, Maryland State Retirement & Pension System lifted its stake in shares of Celanese by 1.7% during the fourth quarter. Maryland State Retirement & Pension System now owns 21,196 shares of the basic materials company’s stock valued at $896,000 after acquiring an additional 355 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.
Celanese Company Profile
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
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