FY2026 Earnings Forecast for Celanese Issued By KeyCorp

Celanese Co. (NYSE:CE) – Investment analysts at KeyCorp issued their FY2026 earnings estimates for Celanese in a research note issued to investors on Thursday, March 20th. KeyCorp analyst A. Yefremov forecasts that the basic materials company will earn $7.61 per share for the year. KeyCorp has a “Overweight” rating and a $76.00 price objective on the stock. The consensus estimate for Celanese’s current full-year earnings is $8.79 per share.

A number of other research firms have also issued reports on CE. Morgan Stanley dropped their target price on Celanese from $100.00 to $80.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Citigroup upgraded shares of Celanese to a “neutral” rating and raised their target price for the stock from $73.00 to $76.00 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Celanese from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Royal Bank of Canada downgraded Celanese from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $84.00 to $56.00 in a research note on Thursday, February 20th. Finally, Piper Sandler decreased their price target on Celanese from $77.00 to $50.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 25th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Celanese has an average rating of “Hold” and an average price target of $66.67.

Celanese Price Performance

Shares of NYSE:CE opened at $59.54 on Monday. Celanese has a one year low of $45.94 and a one year high of $172.16. The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of -4.27, a PEG ratio of 1.05 and a beta of 1.23. The company has a 50-day simple moving average of $62.68 and a 200-day simple moving average of $85.82. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.76 and a current ratio of 1.34.

Celanese (NYSE:CE) last announced its earnings results on Tuesday, February 18th. The basic materials company reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.20. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. Celanese had a negative net margin of 14.81% and a positive return on equity of 12.86%.

Institutional Investors Weigh In On Celanese

Several hedge funds have recently modified their holdings of CE. Dodge & Cox grew its stake in Celanese by 100.3% during the fourth quarter. Dodge & Cox now owns 13,618,062 shares of the basic materials company’s stock worth $942,506,000 after buying an additional 6,818,993 shares during the period. Norges Bank purchased a new position in Celanese in the fourth quarter valued at about $222,815,000. Turtle Creek Asset Management Inc. lifted its stake in shares of Celanese by 266.7% during the fourth quarter. Turtle Creek Asset Management Inc. now owns 3,506,440 shares of the basic materials company’s stock worth $242,681,000 after purchasing an additional 2,550,334 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Celanese by 4,506.7% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,344,661 shares of the basic materials company’s stock valued at $162,274,000 after buying an additional 2,293,764 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in Celanese by 27.4% in the 3rd quarter. Wellington Management Group LLP now owns 9,460,353 shares of the basic materials company’s stock worth $1,286,230,000 after acquiring an additional 2,036,362 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 25th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.20%. The ex-dividend date was Tuesday, February 25th. Celanese’s dividend payout ratio (DPR) is -0.86%.

Celanese Company Profile

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.