Avient logo

AvientNYSE: AVNT

Profile

Country:

United States

IPO:

13 September 1999

Next earnings report:

14 February 2025

Last dividends:

13 September 2024

Next dividends:

13 December 2024
$4.63 B
-16%vs. 3y high
74%vs. sector
-40%vs. 3y high
73%vs. sector
-37%vs. 3y high
62%vs. sector
-2%vs. 3y high
50%vs. sector

Price

after hours | Mon, 18 Nov 2024 23:15:11 GMT
$50.73+$0.09(+0.18%)
$815.20 M$759.64 M
$815.20 M$38.20 M

Analysts recommendations

Institutional Ownership

AVNT Latest News

Avient: Specialization Strategy Is Growing Margins And Driving The Bottom-Line Growth
seekingalpha.com13 November 2024 Sentiment: POSITIVE

AVNT's gross profit margins have improved by over 70% in the last decade, indicating a shift to higher-margin specialty services. The company is focused on deleveraging, with share repurchases on hold until net debt-to-EBITDA reaches 2.5x, despite recent acquisitions. AVNT announced its 14th consecutive annual dividend increase, with a 5% hike, and aims to return to a safer payout ratio by 2026.

Avient Announces Registration Details for December 4th Investor Day
prnewswire.com04 November 2024 Sentiment: POSITIVE

CLEVELAND , Nov. 4, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, will host an Investor Day for the investment community on Wednesday, December 4, 2024, beginning at 10:00 a.m. Eastern Time at the New York Stock Exchange (NYSE).

Avient Corporation (AVNT) Q3 2024 Earnings Call Transcript
seekingalpha.com31 October 2024 Sentiment: POSITIVE

Avient Corporation (NYSE:AVNT ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer & Investor Relations Ashish Khandpur - President & Chief Executive Officer Jamie Beggs - Senior Vice President & Chief Financial Officer Conference Call Participants Frank Mitsch - Fermium Research David Huang - Deutsche Bank Michael Sison - Wells Fargo Laurence Alexander - Jefferies Vincent Andrews - Morgan Stanley Kristen Owen - Oppenheimer Mike Harrison - Seaport Research Operator Good morning, ladies and gentlemen, and welcome to Avient Corporation's webcast to discuss the company's Third Quarter 2024 Results. My name is Michele, and I will be your operator for today.

Avient (AVNT) Surpasses Q3 Earnings and Revenue Estimates
zacks.com31 October 2024 Sentiment: POSITIVE

Avient (AVNT) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.57 per share a year ago.

Avient Announces Third Quarter 2024 Results
prnewswire.com31 October 2024 Sentiment: POSITIVE

Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end markets Third quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the prior year quarter Third quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14% over prior year quarter, driven by organic revenue growth and margin expansion in both segments, as well as lower interest expense 2024 full-year adjusted EPS guidance range narrowed to $2.63 to $2.67, from prior guidance range of $2.55 to $2.70; Revised guidance reflects 11% to 13% growth in adjusted EPS over the prior year Increased dividend 5% to $1.08, on an annualized basis, representing the fourteenth consecutive annual increase CLEVELAND , Oct. 31, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, today announced its third quarter 2024 results. The company reported third quarter sales of $815.2 million compared to $753.7 million in the prior year quarter.

Why Avient (AVNT) is a Top Dividend Stock for Your Portfolio
zacks.com30 October 2024 Sentiment: POSITIVE

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Avient (AVNT) have what it takes?

Will Avient (AVNT) Beat Estimates Again in Its Next Earnings Report?
zacks.com16 October 2024 Sentiment: POSITIVE

Avient (AVNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Avient (AVNT) Could Be a Great Choice
zacks.com14 October 2024 Sentiment: POSITIVE

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Avient (AVNT) have what it takes?

Avient Announces Fourteenth Consecutive Annual Dividend Increase
prnewswire.com09 October 2024 Sentiment: POSITIVE

CLEVELAND , Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash dividend of twenty-seven cents ($0.27) per share on the common stock outstanding, representing the fourteenth consecutive annual increase. The $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024.

Avient To Hold Third Quarter 2024 Conference Call
prnewswire.com03 October 2024 Sentiment: POSITIVE

CLEVELAND , Oct. 3, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its third quarter 2024 earnings before the market opens on Thursday, October 31, 2024.  The company will then host a webcast with a slide presentation at 8:00 a.m.

What type of business is Avient?

Avient Corporation is a provider of specialized and sustainable polymer materials, as well as polymer services and solutions. The company's products include specialty engineered materials, advanced composites, color and additive systems, and polymers. Avient is also a niche developer and manufacturer of additives for performance improvement, liquid colorants, fluoropolymer and silicone colorants. Avient offers over 35,000 polymer solutions to more than 10,000 customers worldwide. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. It was founded in 1927, and its headquarters are located in Avon Lake, Ohio.

What sector is Avient in?

Avient is in the Basic Materials sector

What industry is Avient in?

Avient is in the Specialty Chemicals industry

What country is Avient from?

Avient is headquartered in United States

When did Avient go public?

Avient initial public offering (IPO) was on 13 September 1999

What is Avient website?

https://www.avient.com

Is Avient in the S&P 500?

No, Avient is not included in the S&P 500 index

Is Avient in the NASDAQ 100?

No, Avient is not included in the NASDAQ 100 index

Is Avient in the Dow Jones?

No, Avient is not included in the Dow Jones index

When was Avient the previous earnings report?

No data

When does Avient earnings report?

The next expected earnings date for Avient is 14 February 2025