Celanese Corporation (CE)

NYSE: CE · IEX Real-Time Price · USD
150.13
+0.75 (0.50%)
Feb 26, 2024, 4:00 PM EST - Market closed
0.50%
Market Cap 16.35B
Revenue (ttm) 10.94B
Net Income (ttm) 1.96B
Shares Out 108.86M
EPS (ttm) 17.92
PE Ratio 8.38
Forward PE 13.17
Dividend $2.80 (1.87%)
Ex-Dividend Date Feb 16, 2024
Volume 1,355,262
Open 151.42
Previous Close 149.38
Day's Range 147.93 - 151.01
52-Week Range 97.12 - 159.06
Beta 1.35
Analysts Hold
Price Target 132.42 (-11.8%)
Earnings Date Feb 20, 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]

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 19 analysts, the average rating for CE stock is "Hold." The 12-month stock price forecast is $132.42, which is a decrease of -11.80% from the latest price.

Price Target
$132.42
(-11.80% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

6 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.

14 days 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.

19 days 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.

5 weeks 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.

6 weeks 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 (...

6 weeks 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.

6 weeks 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.

3 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.

3 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.

4 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.

5 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.

5 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.

6 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.

6 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...

7 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.

8 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'.

8 months ago - Business Wire

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.

8 months ago - Business Wire

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.

Other symbols: AEEDTEESEVRGHPEMKCNI
9 months ago - Market Watch