Avient (NYSE:AVNT) Issues FY 2026 Earnings Guidance

Avient (NYSE:AVNT) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 3.100-3.250 for the period, compared to the consensus earnings per share estimate of 3.200. Avient also updated its Q3 2026 guidance to 0.800-0.800 EPS.

Avient Stock Down 7.6%

Shares of NYSE AVNT opened at $37.85 on Friday. The stock has a market cap of $3.47 billion, a P/E ratio of 20.46, a P/E/G ratio of 1.18 and a beta of 1.28. The firm has a 50 day moving average price of $42.37 and a 200 day moving average price of $38.40. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.35 and a current ratio of 1.90. Avient has a 52-week low of $27.48 and a 52-week high of $46.64.

Avient (NYSE:AVNT) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.89 by $0.07. Avient had a return on equity of 11.64% and a net margin of 5.10%. The business had revenue of $917.00 million for the quarter, compared to the consensus estimate of $898.53 million. During the same quarter last year, the business posted $0.80 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. Analysts expect that Avient will post 3.20 EPS for the current year.

Avient Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Friday, December 11th will be issued a dividend of $0.2825 per share. The ex-dividend date is Friday, December 11th. This is a boost from Avient’s previous quarterly dividend of $0.2750. This represents a $1.13 annualized dividend and a yield of 3.0%. Avient’s dividend payout ratio is currently 59.46%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AVNT. Wall Street Zen upgraded shares of Avient from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 5th. Zacks Research raised shares of Avient from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 29th. Weiss Ratings upgraded Avient from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 18th. Wells Fargo & Company lifted their target price on shares of Avient from $47.00 to $48.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Truist Financial upped their target price on Avient from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $46.71.

More Avient News

Here are the key news stories impacting Avient this week:

• Positive Sentiment: Avient declared its quarterly cash dividend, payable January 7, 2027, supporting the stock’s income appeal. Avient quarterly dividend announcement
• Neutral Sentiment: Avient appointed Mike Frank as president and chief executive officer, effective immediately. Frank, who previously led UPL Corporation, succeeds Ashish Khandpur, while Richard H. Fearon becomes non-executive chairman. Avient appoints Mike Frank as CEO
• Negative Sentiment: The leadership transition was accompanied by reaffirmed, rather than increased, 2026 guidance. Full-year adjusted EPS remains $3.10-$3.25, versus analyst consensus of $3.20, and third-quarter EPS guidance remains $0.80, in line with expectations. Avient names Mike Frank chief executive
• Negative Sentiment: Investors appear to be treating the sudden CEO succession and unchanged outlook as a sign of increased execution risk. Reports characterized the combination as sending AVNT shares sharply lower, with trading volume substantially above average. Avient leadership change and unchanged forecast

About Avient

Avient Corporation (NYSE: AVNT) is a global materials company that develops and manufactures specialized polymer products and solutions. Its portfolio includes engineered materials, specialty formulations, colorants, additives, inks, and other technologies designed to improve the performance, appearance, sustainability, and processing of plastics and other materials.

The company serves customers across a range of industries, including packaging, transportation, healthcare, consumer products, electronics, building and construction, and energy.