Solstice Advanced Mat (SOLS) to Distribute Quarterly Dividend of $0.07 on September 10th

Solstice Advanced Mat (NASDAQ:SOLS) announced a quarterly dividend on Friday, July 17th. Investors of record on Thursday, August 27th will be paid a dividend of 0.075 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th.

Solstice Advanced Mat Trading Up 0.2%

Shares of Solstice Advanced Mat stock opened at $58.38 on Friday. The stock has a market capitalization of $9.27 billion and a P/E ratio of 65.60. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $90.80. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. The stock’s 50-day simple moving average is $79.48 and its 200 day simple moving average is $73.94.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, research analysts anticipate that Solstice Advanced Mat will post 2.64 EPS for the current year.

Analysts Set New Price Targets

SOLS has been the topic of a number of recent research reports. Royal Bank Of Canada upped their price target on shares of Solstice Advanced Mat from $100.00 to $102.00 and gave the company an “outperform” rating in a research note on Tuesday, June 30th. TD Cowen assumed coverage on shares of Solstice Advanced Mat in a research note on Monday, June 8th. They issued a “hold” rating and a $90.00 price objective for the company. Mizuho lowered their target price on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday. Truist Financial set a $75.00 target price on Solstice Advanced Mat and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Morgan Stanley downgraded Solstice Advanced Mat to a “buy” rating in a research report on Monday, July 13th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.88.

About Solstice Advanced Mat

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.