Analysts expect over 2021 rising revenue Covestro, relatively high dividend

Tomorrow the German Covestro will publish its past quarters figures. For this year Covestro 's (located in Leverkusen) revenue will be around 13.04 billion euros. This is according to the average of the analysts' estimates. This is rather significant more than 2020's revenue of 10.71 billion euros.

Historical revenues and results Covestro plus estimates 2020

The analysts expect for 2021 a net profit of 1.05 billion euros. The majority of the analysts expects for this year a profit per share of 5.3 euros. So the price/earnings-ratio equals 10.62.

Huge dividend Covestro

Analysts expect a dividend of 1.96 euros per share. The dividend yield is then 3.48 percent. The average dividend yield of the chemical companies equals a good 1.75 percent.

Most recent target prices around 68 euros

The most recent recommendations for the chemical company are from Goldman Sachs , Nord Landesbank and Independent Research.

Based on the current number of shares Covestro 's market capitalization equals 10.3 billion euros. The Covestro stock was the past 12 months quite unstable. Since last April the stock is even 98 percent higher. This year the stock price moved between 28 and 63 euro.

Historical stock prices Covestro2007-2021

On Monday the stock closed at 56.3 euros.

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