Celanese Corporation (CE)

NYSE: CE · IEX Real-Time Price · USD
162.31
+2.26 (1.41%)
At close: Mar 18, 2024, 4:00 PM
163.54
+1.23 (0.76%)
After-hours: Mar 18, 2024, 7:59 PM EDT
1.41%
Market Cap 17.68B
Revenue (ttm) 10.94B
Net Income (ttm) 1.96B
Shares Out 108.91M
EPS (ttm) 17.92
PE Ratio 9.06
Forward PE 13.89
Dividend $2.80 (1.73%)
Ex-Dividend Date Feb 16, 2024
Volume 1,140,793
Open 161.25
Previous Close 160.05
Day's Range 160.80 - 163.82
52-Week Range 97.12 - 163.82
Beta 1.34
Analysts Hold
Price Target 133.06 (-18.02%)
Earnings Date May 7, 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. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, ... [Read more]

Industry Chemicals
Sector Materials
IPO Date Jan 21, 2005
Employees 12,410
Stock Exchange NYSE
Ticker Symbol CE
Full Company Profile

Financial Performance

In 2023, Celanese's revenue was $10.94 billion, an increase of 13.10% compared to the previous year's $9.67 billion. Earnings were $1.96 billion, an increase of 3.48%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for CE stock is "Hold." The 12-month stock price forecast is $133.06, which is a decrease of -18.02% from the latest price.

Price Target
$133.06
(-18.02% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Celanese Announces Commercial Launch of Glaukos' iDose® TR (Travoprost Intracameral Implant) Using Celanese's VitalDose® Ethylene Vinyl Acetate (EVA)

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces Commercial Launch of Glaukos' iDose® TR (Travoprost Intracameral Implant) using Celanese's VitalDose® Ethylene Vinyl Acetate (EVA).

18 days ago - Business Wire

Timothy Go Elected to Celanese Board of Directors

DALLAS--(BUSINESS WIRE)--Timothy Go Elected to Celanese Board of Directors.

19 days ago - Business Wire

Celanese Corporation Reports Full Year 2023 and Fourth Quarter Earnings

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported full year 2023 GAAP diluted earnings per share of $18.00 and adjusted earnin...

27 days ago - Business Wire

Celanese Low-Carbon ECO-CC Products Available Through U.S. Department of Energy Procurement Grant Program

DALLAS--(BUSINESS WIRE)---- $CE--CELANESE LOW-CARBON ECO-CC PRODUCTS AVAILABLE THROUGH U.S. DEPARTMENT OF ENERGY PROCUREMENT GRANT PROGRAM.

5 weeks ago - Business Wire

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

DALLAS--(BUSINESS WIRE)--Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share.

5 weeks ago - Business Wire

Celanese and Under Armour Develop Innovative New NEOLAST™ Fiber for Use in Performance Stretch Fabrics

DALLAS & BALTIMORE--(BUSINESS WIRE)---- $CE--CELANESE AND UNDER ARMOUR DEVELOP INNOVATIVE NEW NEOLAST™ FIBER FOR USE IN PERFORMANCE STRETCH FABRICS.

2 months ago - Business Wire

Celanese to Hold Fourth Quarter Earnings Conference Call on February 21, 2024

DALLAS--(BUSINESS WIRE)--Celanese To Hold Fourth Quarter Earnings Conference Call on February 21, 2024.

2 months ago - Business Wire

Cognite Announces Beta Launch of Generative AI-Powered Remote Operations Control Room for Celanese Clear Lake Facility

OSLO, Norway & AUSTIN, Texas--(BUSINESS WIRE)--Cognite, a globally recognized leader in industrial software, today announced the beta launch of a generative AI-powered Remote Operations Control Room (...

2 months ago - Business Wire

Celanese Begins Carbon Capture and Utilization Operations at Clear Lake, Texas, Facility

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Begins Carbon Capture and Utilization Operations at Clear Lake, Texas, Facility.

2 months ago - Business Wire

14 Stocks Warren Buffett Is Selling (and 1 He's Buying)

Warren Buffett dumped GM, Procter & Gamble and a number of other blue chip names in Q3.

4 months ago - Kiplinger

8 Stocks That Hit the Trifecta: Growth, Value, and Momentum

Upstream oil and gas producers, Charter Communications, and Jabil pass a Barron's stock screen.

4 months ago - Barrons

Celanese Corporation Reports Third Quarter 2023 Earnings

DALLAS--(BUSINESS WIRE)--Celanese Corporation Reports Third Quarter 2023 Earnings.

4 months ago - Business Wire

Celanese Announces New Leadership Appointments to Enhance Value Creation

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Announces New Leadership Appointments to Enhance Value Creation.

4 months ago - Business Wire

Ganesh Moorthy Elected to Celanese Board of Directors

DALLAS--(BUSINESS WIRE)---- $CE--Ganesh Moorthy Elected to Celanese Board of Directors.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

6 months ago - Business Wire

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.

6 months ago - Business Wire

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.

7 months ago - Business Wire

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.

7 months ago - Business Wire

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.

Other symbols: ATVICVXDHIGLGMLENMCK
7 months ago - Business Insider

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.

7 months ago - Business Wire

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.

7 months ago - Business Wire

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...

8 months ago - Business Wire

Celanese to Hold Second Quarter Earnings Conference Call on August 8, 2023

DALLAS--(BUSINESS WIRE)--CE Q2 2023 Earnings date Press Release - August 2023.

9 months ago - Business Wire

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'.

9 months ago - Business Wire