Eastman Chemical Company (NYSE:EMN) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Eastman Chemical has a consensus analyst rating of “Moderate Buy”, with 7 analysts rating it a hold and 7 rating it a buy. The average 1-year price target is $80.25.
• The company recently posted quarterly results that slightly beat expectations, earning $1.09 per share versus estimates of $1.07, while revenue came in at $2.18 billion. Eastman also guided Q2 2026 EPS to 1.700-1.900.
• Eastman Chemical announced a quarterly dividend of $0.84 per share, payable July 8, which annualizes to $3.36 and a 4.6% yield. The payout ratio is high at 97.39%.

Eastman Chemical Company (NYSE:EMN - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the fourteen brokerages that are covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $80.25.

Several equities analysts have commented on EMN shares. Bank of America increased their price objective on shares of Eastman Chemical from $74.00 to $79.00 and gave the company a "buy" rating in a research report on Monday, February 2nd. Citigroup increased their price objective on shares of Eastman Chemical from $83.00 to $88.00 and gave the company a "buy" rating in a research report on Monday. KeyCorp reiterated an "overweight" rating on shares of Eastman Chemical in a research report on Monday, February 2nd. Weiss Ratings upgraded shares of Eastman Chemical from a "sell (d+)" rating to a "hold (c)" rating in a research report on Wednesday, February 18th. Finally, Wells Fargo & Company increased their price objective on shares of Eastman Chemical from $70.00 to $80.00 and gave the company an "equal weight" rating in a research report on Monday.

Institutional Investors Weigh In On Eastman Chemical

Hedge funds and other institutional investors have recently made changes to their positions in the company. MUFG Securities EMEA plc purchased a new stake in shares of Eastman Chemical in the second quarter valued at $25,000. Altshuler Shaham Ltd purchased a new stake in shares of Eastman Chemical in the fourth quarter valued at $25,000. Brown Lisle Cummings Inc. raised its stake in shares of Eastman Chemical by 70.0% in the fourth quarter. Brown Lisle Cummings Inc. now owns 425 shares of the basic materials company's stock valued at $27,000 after acquiring an additional 175 shares during the period. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Eastman Chemical in the fourth quarter valued at $27,000. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Eastman Chemical in the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 83.65% of the company's stock.

Eastman Chemical Price Performance

Shares of NYSE:EMN opened at $73.63 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 1.47. The firm has a fifty day moving average price of $72.46 and a 200 day moving average price of $68.43. Eastman Chemical has a fifty-two week low of $56.11 and a fifty-two week high of $84.18. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 21.34, a P/E/G ratio of 0.94 and a beta of 1.04.

Eastman Chemical (NYSE:EMN - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.07 by $0.02. Eastman Chemical had a net margin of 4.62% and a return on equity of 8.88%. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the business earned $1.91 earnings per share. Eastman Chemical's quarterly revenue was down 4.9% compared to the same quarter last year. Eastman Chemical has set its Q2 2026 guidance at 1.700-1.900 EPS. As a group, sell-side analysts expect that Eastman Chemical will post 6.33 earnings per share for the current fiscal year.

Eastman Chemical Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Monday, June 15th will be given a dividend of $0.84 per share. The ex-dividend date is Monday, June 15th. This represents a $3.36 annualized dividend and a yield of 4.6%. Eastman Chemical's dividend payout ratio (DPR) is 97.39%.

Eastman Chemical Company Profile

Eastman Chemical Company NYSE: EMN is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries.

The company's main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets.

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