Avient Corporation to Issue Quarterly Dividend of $0.28 (NYSE:AVNT)

Avient Corporation (NYSE:AVNT) announced a quarterly dividend on Monday, February 16th. Investors of record on Tuesday, March 17th will be paid a dividend of 0.275 per share on Friday, April 3rd. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, March 17th.

Avient has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. Avient has a payout ratio of 34.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Avient to earn $3.28 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 33.5%.

Avient Price Performance

NYSE AVNT opened at $42.78 on Tuesday. The company has a quick ratio of 1.22, a current ratio of 1.66 and a debt-to-equity ratio of 0.81. The company has a market cap of $3.92 billion, a PE ratio of 48.06, a price-to-earnings-growth ratio of 1.42 and a beta of 1.44. Avient has a 52 week low of $27.48 and a 52 week high of $44.85. The firm’s 50-day simple moving average is $34.71 and its two-hundred day simple moving average is $33.62.

Avient (NYSE:AVNT) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $760.60 million for the quarter, compared to analyst estimates of $750.19 million. Avient had a net margin of 2.51% and a return on equity of 10.95%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Research analysts predict that Avient will post 2.85 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on AVNT. Weiss Ratings reissued a “hold (c-)” rating on shares of Avient in a report on Monday, December 29th. Zacks Research upgraded Avient from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Robert W. Baird set a $46.00 price objective on Avient in a report on Friday. KeyCorp lifted their target price on Avient from $50.00 to $56.00 and gave the company an “overweight” rating in a report on Friday. Finally, Morgan Stanley set a $45.00 price target on Avient in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Avient currently has a consensus rating of “Hold” and a consensus price target of $47.00.

Avient Company Profile

Avient Corporation (NYSE: AVNT) is a global provider of specialized and sustainable polymer materials, delivering color, additive and engineered solutions to a wide range of industries. The company’s core offerings include masterbatches, colorant systems, compounds and resins designed to enhance performance, aesthetics and environmental sustainability. Avient serves markets such as packaging, automotive, consumer goods, healthcare, electronics, and agriculture, tailoring products to meet stringent regulatory and end-use requirements.

Formed through a corporate rebranding in 2020 following the divestiture of PolyOne’s specialty businesses, Avient traces its heritage to a legacy of polymer innovation spanning decades.