Celanese (NYSE:CE – Get Free Report) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.350-1.750 for the period, compared to the consensus EPS estimate of 1.790. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
CE has been the subject of a number of research analyst reports. Zacks Research upgraded Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Wells Fargo & Company set a $65.00 target price on Celanese in a research report on Thursday. Deutsche Bank Aktiengesellschaft set a $50.00 price objective on Celanese in a report on Thursday. Bank of America reduced their price target on shares of Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Finally, Wall Street Zen lowered shares of Celanese from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Ten equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $63.88.
View Our Latest Report on Celanese
Celanese Stock Performance
Celanese (NYSE:CE – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.23 by $0.22. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.15%. The business had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same quarter last year, the business earned $1.44 earnings per share. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, research analysts anticipate that Celanese will post 6.01 earnings per share for the current fiscal year.
Celanese Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th will be issued a dividend of $0.03 per share. The ex-dividend date is Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s payout ratio is currently -1.20%.
Institutional Trading of Celanese
Hedge funds have recently modified their holdings of the business. Invesco Ltd. grew its holdings in shares of Celanese by 1.2% during the fourth quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock valued at $22,850,000 after buying an additional 6,390 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Celanese by 154.3% during the fourth quarter. Corient Private Wealth LLC now owns 31,793 shares of the basic materials company’s stock worth $1,344,000 after purchasing an additional 19,289 shares during the period. Alberta Investment Management Corp purchased a new position in Celanese during the fourth quarter valued at approximately $1,501,000. State of Tennessee Department of Treasury grew its holdings in shares of Celanese by 0.7% during the 4th 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 in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its stake in Celanese by 15.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock valued at $173,127,000 after purchasing an additional 558,391 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.
About Celanese
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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