Solstice Advanced Mat (NASDAQ:SOLS) Declares $0.08 Dividend

Solstice Advanced Mat (NASDAQ:SOLS) declared a dividend on Monday, February 9th, NASDAQ Dividends reports. Stockholders of record on Tuesday, February 24th will be given a dividend of 0.075 per share on Tuesday, March 10th. The ex-dividend date of this dividend is Tuesday, February 24th.

Solstice Advanced Mat Stock Up 2.8%

SOLS stock opened at $80.05 on Friday. The stock has a 50 day moving average of $59.74. The firm has a market cap of $12.71 billion and a PE ratio of 307.88. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $84.44.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The business had revenue of $987.00 million for the quarter, compared to analyst estimates of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Analysts Set New Price Targets

SOLS has been the topic of several research reports. Wall Street Zen downgraded Solstice Advanced Mat from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Weiss Ratings started coverage on Solstice Advanced Mat in a report on Thursday, January 15th. They issued a “sell (d+)” rating on the stock. Alembic Global Advisors began coverage on Solstice Advanced Mat in a research note on Monday, December 1st. They issued an “overweight” rating and a $60.00 price objective for the company. Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Finally, Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $67.00.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.