Element Solutions Inc Stock Price, News & Analysis

Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.06 per share for its common stock. This dividend will be paid on June 15, 2021, to stockholders on record as of the close of business on June 1, 2021. With its broad range of specialty chemical solutions, the company continues to support key industries, including consumer electronics and automotive systems, signifying its strong market position.

Element Solutions Inc (NYSE:ESI) has acquired H.K. Wentworth Limited (HKW) for approximately $60 million, funded from cash reserves. HKW, a UK-based manufacturer, specializes in electro-chemicals for various sectors including electronics and automotive, generating about $44 million in sales in 2020. The acquisition aims to enhance Element Solutions' electronics portfolio through HKW's Electrolube product line, which includes conformal coatings and thermal interface materials, crucial for modern electronic applications. The deal is expected to drive significant business growth in the near term.

Element Solutions Inc (NYSE: ESI) announced that CEO Benjamin Gliklich will participate in a virtual fireside chat at the Goldman Sachs Industrials & Materials Conference on May 12, 2021, at 1:50 p.m. ET. Interested investors can access the live webcast through the Investors section of www.elementsolutionsinc.com.

Element Solutions is a specialty chemicals company providing innovative solutions for key industries, including consumer electronics and automotive systems.

Element Solutions (NYSE: ESI) reported a robust first quarter of 2021, with net sales reaching $550 million, a 22% increase year-over-year. Organic net sales grew 11%, driven by a strong electronics sector, which saw a 31% increase. Adjusted EBITDA rose 25% to $138 million, marking record results. The company revised its full-year guidance for adjusted EBITDA growth to approximately 20% and projected adjusted EPS of at least $1.30, reflecting confidence in continued momentum despite rising raw material costs.

Element Solutions Inc (NYSE:ESI) will release its 2021 Q1 financial results after market close on April 28, 2021. The company will host a webcast and conference call at 8:30 a.m. ET on April 29, 2021, featuring key executives including Executive Chairman Sir Martin E. Franklin and CEO Benjamin Gliklich. Participants can join by phone or through a live webcast available on their official website. A replay of the call will also be accessible following the live event.

Element Solutions (NYSE: ESI) reported strong financial results for Q4 and full year 2020, with net sales of $537 million in Q4, an 18% increase year-over-year. Adjusted EBITDA rose 23% to $126 million. The company anticipates 2021 adjusted EBITDA growth of approximately 7% and adjusted EPS growth exceeding 15%. The firm also repurchased 5.7 million shares in 2020 and initiated a dividend of $0.05 per share. Element Solutions established the ESI Foundation and released its inaugural ESG report to underline its commitment to sustainability.

Element Solutions Inc (NYSE:ESI) announced that CEO Benjamin Gliklich will participate in a virtual presentation at the Bank of America 2021 Global Agriculture and Materials Conference on March 3, 2021, at 8:00 a.m. ET. A live webcast will be available in the Investors section of www.elementsolutionsinc.com, where presentation slides will also be provided. The company specializes in supplying innovative specialty chemical solutions across various industries, enhancing product performance in everyday applications.

Element Solutions Inc (NYSE: ESI) announced a quarterly cash dividend of $0.05 per share, payable on March 15, 2021, to stockholders of record by the close of business on March 1, 2021. The company's board is optimistic about maintaining a dividend strategy to provide shareholder value. As a prominent player in the specialty chemicals sector, Element Solutions offers innovative solutions across various industries, including electronics and automotive.

Element Solutions Inc (NYSE:ESI) plans to release its 2020 fourth quarter and full year financial results after market close on February 24, 2021. A conference call to discuss these results will take place at 8:30 a.m. ET on February 25, 2021, with key executives including Executive Chairman Sir Martin E. Franklin and CEO Benjamin Gliklich participating. The call will be accessible via telephone and webcast, with replays available shortly after the live event.