Element Solutions Inc (NYSE:ESI – Free Report) – Seaport Res Ptn lowered their Q4 2024 earnings per share estimates for Element Solutions in a research report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now expects that the company will post earnings per share of $0.35 for the quarter, down from their prior estimate of $0.36. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Element Solutions’ current full-year earnings is $1.45 per share. Seaport Res Ptn also issued estimates for Element Solutions’ Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.37 EPS and FY2026 earnings at $1.70 EPS.
Element Solutions (NYSE:ESI – Get Free Report) last released its quarterly earnings results on Monday, October 28th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01. Element Solutions had a return on equity of 14.42% and a net margin of 11.08%. The company had revenue of $645.00 million for the quarter, compared to analysts’ expectations of $626.52 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year.
Read Our Latest Stock Report on Element Solutions
Element Solutions Trading Up 0.2 %
Shares of ESI stock opened at $26.19 on Thursday. The firm has a market capitalization of $6.34 billion, a PE ratio of 23.59, a price-to-earnings-growth ratio of 1.92 and a beta of 1.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.77 and a current ratio of 3.52. Element Solutions has a 1 year low of $21.42 and a 1 year high of $29.78. The stock has a fifty day moving average of $26.73 and a two-hundred day moving average of $26.49.
Element Solutions Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Monday, December 2nd. Element Solutions’s payout ratio is currently 28.83%.
Institutional Investors Weigh In On Element Solutions
Institutional investors have recently made changes to their positions in the company. Cubist Systematic Strategies LLC bought a new stake in Element Solutions in the second quarter worth approximately $5,668,000. Cerity Partners LLC lifted its position in shares of Element Solutions by 40.4% in the third quarter. Cerity Partners LLC now owns 172,000 shares of the company’s stock worth $4,672,000 after buying an additional 49,466 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Element Solutions during the 3rd quarter worth about $1,161,000. Park Avenue Securities LLC raised its stake in shares of Element Solutions by 79.0% in the 4th quarter. Park Avenue Securities LLC now owns 60,612 shares of the company’s stock valued at $1,541,000 after acquiring an additional 26,753 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Element Solutions by 96.0% in the 3rd quarter. Barclays PLC now owns 108,174 shares of the company’s stock worth $2,938,000 after purchasing an additional 52,973 shares during the last quarter. 92.32% of the stock is currently owned by institutional investors and hedge funds.
About Element Solutions
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products.
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