Eastman Chemical Company Profile (NYSE:EMN)

About Eastman Chemical

Eastman Chemical logoEastman Chemical Company (Eastman) is a specialty chemicals company that produces a range of advanced materials, chemicals and fibers. The Company operates through five segments: Additives & Functional Products (AFP), Adhesives & Plasticizers (A&P), Advanced Materials (AM), Fibers, and Specialty Fluids & Intermediates (SFI). In the AFP segment, the Company manufactures chemicals for products in the coatings, tires, consumables, animal nutrition, crop protection and energy markets. The A&P segment focuses on producing intermediate chemicals. In the AM segment, the Company produces and markets its polymers, films and plastics. In the Fibers segment, the Company manufactures and sells Estron acetate tow and Estrobond triacetin plasticizers; Estron natural (undyed) and Chromspun solution-dyed acetate yarns and cellulose acetate flake and acetyl raw materials. The SFI segment offers products, such as acetyl chemical intermediates, olefin derivatives, specialty fluids and alkylamines.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Chemicals - Major Diversified
  • Sub-Industry: Diversified Chemicals
  • Exchange: NYSE
  • Symbol: EMN
  • CUSIP: 27743210
Key Metrics:
  • Previous Close: $65.34
  • 50 Day Moving Average: $65.96
  • 200 Day Moving Average: $70.63
  • 52-Week Range: $147,711,000.00 - $56.03
  • Trailing P/E Ratio: 11.01
  • Foreward P/E Ratio: 9.18
  • P/E Growth: 1.91
  • Market Cap: $9.65B
  • Outstanding Shares: 147,711,000
  • Beta: 1.61
Profitability:
  • Net Margins: 9.63%
  • Return on Equity: 24.40%
  • Return on Assets: 6.51%
Debt:
  • Debt-to-Equity Ratio: 1.37%
  • Current Ratio: 1.34%
  • Quick Ratio: 0.68%
Additional Links:
Companies Related to Eastman Chemical:

Analyst Ratings

Consensus Ratings for Eastman Chemical (NYSE:EMN) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.47)
Consensus Price Target: $76.29 (16.75% upside)

Analysts' Ratings History for Eastman Chemical (NYSE:EMN)
Show:
DateFirmActionRatingPrice TargetDetails
9/7/2016Citigroup Inc.DowngradeBuy -> Neutral$74.00 -> $73.00View Rating Details
8/23/2016Cowen and CompanyLower Price TargetOutperform$96.00 -> $80.00View Rating Details
8/16/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
8/2/2016SunTrust Banks Inc.Reiterated RatingNeutral$66.00View Rating Details
8/2/2016RBC Capital MarketsDowngradeOutperform -> Sector Perform$83.00 -> $70.00View Rating Details
8/2/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$83.00 -> $70.00View Rating Details
8/1/2016NomuraSet Price TargetBuy$81.00 -> $75.00View Rating Details
8/1/2016Deutsche Bank AGLower Price TargetBuy$85.00 -> $75.00View Rating Details
7/29/2016Jefferies GroupReiterated RatingBuy$88.00View Rating Details
7/1/2016SusquehannaInitiated CoveragePositive$90.00View Rating Details
6/16/2016Morgan StanleyReiterated RatingHoldView Rating Details
5/2/2016Credit Agricole SADowngradeBuy -> UnderperformView Rating Details
3/19/2016KeyCorpReiterated RatingBuyView Rating Details
2/2/2016Barclays PLCLower Price TargetEqual Weight$86.00 -> $72.00View Rating Details
2/1/2016MacquarieLower Price TargetOutperform$95.00 -> $84.00View Rating Details
3/30/2015Standpoint ResearchInitiated CoverageBuy$84.00View Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Eastman Chemical (NYSE:EMN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/28/2016Q2$1.73$1.68$2.36 billion$2.30 billionViewListenView Earnings Details
4/29/2016Q1$1.53$1.71$2.31 billion$2.24 billionViewListenView Earnings Details
10/29/2015Q3$1.84$1.84$2.58 billion$2.45 billionViewListenView Earnings Details
7/27/2015Q215$1.83$2.01$2.65 billion$2.53 billionViewListenView Earnings Details
4/30/2015Q1$1.60$1.84$2.56 billion$2.44 billionViewListenView Earnings Details
1/29/2015Q4$1.53$1.64$2.34 million$2.35 millionViewListenView Earnings Details
10/30/2014Q314$1.80$1.89$2.41 billion$2.41 billionViewListenView Earnings Details
7/28/2014Q214$1.84$1.92$2.51 billion$1.46 billionViewListenView Earnings Details
4/24/2014Q114$1.58$1.61$2.40 billion$2.31 billionViewListenView Earnings Details
1/31/2014Q413$1.25$1.34$2.22 billion$2.30 billionViewListenView Earnings Details
10/25/2013Q313$1.64$1.68$2.34 billion$2.34 billionViewListenView Earnings Details
7/29/2013Q2 2013$1.64$1.80$2.39 billion$2.44 billionViewListenView Earnings Details
4/25/2013Q1 2013$1.57$1.62$2.38 billion$2.31 billionViewListenView Earnings Details
1/31/2013Q4 2012$1.19$1.19$2.24 billion$2.17 billionViewListenView Earnings Details
10/25/2012$1.42$1.57ViewN/AView Earnings Details
7/30/2012$1.30$1.40ViewN/AView Earnings Details
4/26/2012$1.12$1.22ViewN/AView Earnings Details
1/26/2012$0.80$0.71ViewN/AView Earnings Details
10/27/2011$1.11$1.16ViewN/AView Earnings Details
7/28/2011$2.61$2.76ViewN/AView Earnings Details
4/28/2011$1.93$2.52ViewN/AView Earnings Details
1/31/2011$1.49$1.41ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Eastman Chemical (NYSE:EMN)
Current Year EPS Consensus Estimate: $6.54 EPS
Next Year EPS Consensus Estimate: $7.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$1.40$1.60$1.48
Q2 20163$1.70$1.74$1.71
Q3 20163$1.60$1.69$1.65
Q4 20163$1.49$1.51$1.50
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Eastman Chemical (NYSE:EMN)
Annual Dividend:$1.84
Dividend Yield:2.82%
Dividend Growth:-3.60% (3 Year Average)
Payout Ratio:30.98% (Based on Trailing 12 Months of Earnings)
28.13% (Based on Current Year Consensus EPS Estimate)
25.84% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Eastman Chemical (NYSE:EMN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016quarterly$0.462.81%9/13/20169/15/201610/3/2016
5/5/2016quarterly$0.462.43%6/13/20166/15/20167/1/2016
2/18/2016quarterly$0.462.85%3/11/20163/15/20164/1/2016
12/3/2015quarterly$0.462.51%12/10/201512/14/20151/4/2016
8/6/2015quarterly$0.402.09%9/10/20159/14/201510/1/2015
5/7/2015quarterly$0.402%6/11/20156/15/20157/1/2015
2/19/2015quarterly$0.402.12%3/12/20153/16/20154/1/2015
12/4/2014quarterly$0.401.99%12/11/201412/15/20141/2/2015
8/7/2014quarterly$0.351.75%9/11/20149/15/201410/1/2014
5/2/2014quarterly$0.351.63%6/11/20146/13/20147/1/2014
2/20/2014quarterly$0.351.66%3/12/20143/14/20144/1/2014
12/5/2013quarterly$0.351.84%12/12/201312/16/20131/2/2014
8/1/2013quarterly$0.301.46%9/11/20139/13/201310/1/2013
5/6/2013quarterly$0.301.75%6/12/20136/14/20137/1/2013
2/25/2013quarterly$0.301.76%3/13/20133/15/20134/1/2013
12/9/2012quarterly$0.301.94%12/13/201212/17/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Eastman Chemical (NYSE:EMN)
Insider Ownership Percentage: 1.10%
Institutional Ownership Percentage: 84.06%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/10/2016Mark J CostaCEOSell38,400$75.16$2,886,144.00View SEC Filing  
5/4/2016Scott V KingCAOSell12,000$75.48$905,760.00View SEC Filing  
2/25/2016Ronald Carter LindsayCOOSell55,000$64.33$3,538,150.00View SEC Filing  
2/22/2016Mark J CostaCEOSell56,000$62.83$3,518,480.00View SEC Filing  
2/19/2016Michael P ConnorsDirectorSell8,000$62.93$503,440.00View SEC Filing  
6/22/2015Ronald Carter LindsayCOOSell11,000$82.17$903,870.00View SEC Filing  
6/18/2015Ronald Carter LindsayCOOSell11,000$79.10$870,100.00View SEC Filing  
6/15/2015Ronald Carter LindsayCOOSell11,000$76.69$843,590.00View SEC Filing  
5/14/2015Ronald Carter LindsayCOOSell27,800$78.39$2,179,242.00View SEC Filing  
5/8/2015Godefroy Afe MotteSVPSell7,920$80.07$634,154.40View SEC Filing  
11/25/2014Stephen R DemerittDirectorSell8,000$86.49$691,920.00View SEC Filing  
11/24/2014David A GoldenSVPSell1,734$87.41$151,568.94View SEC Filing  
5/19/2014Renee HornbakerDirectorSell4,000$86.41$345,640.00View SEC Filing  
3/7/2014David RaisbeckDirectorSell4,000$87.22$348,880.00View SEC Filing  
3/4/2014Michael Hk ChungSVPSell8,000$88.16$705,280.00View SEC Filing  
3/3/2014Mark CostaCEOSell70,000$87.04$6,092,800.00View SEC Filing  
3/3/2014Scott KingCAOSell8,853$86.99$770,122.47View SEC Filing  
2/26/2014Michael ConnorsDirectorSell8,000$85.79$686,320.00View SEC Filing  
2/26/2014Stephen Glenn CrawfordSVPSell8,200$86.25$707,250.00View SEC Filing  
2/24/2014Brad LichEVPSell7,500$84.54$634,050.00View SEC Filing  
2/24/2014Ronald Carter LindsayCOOSell30,000$84.67$2,540,100.00View SEC Filing  
8/6/2013David GoldenSVPSell5,200$80.78$420,056.00View SEC Filing  
8/5/2013Howard LanceDirectorSell12,000$82.40$988,800.00View SEC Filing  
8/2/2013Mark CostaPresidentSell20,000$81.50$1,630,000.00View SEC Filing  
8/2/2013Ronald Carter LindsayVPSell65,399$81.54$5,332,634.46View SEC Filing  
8/2/2013Scott KingCAOSell22,200$81.79$1,815,738.00View SEC Filing  
8/9/2012Mark J CostaEVPSell15,000$54.22$813,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Eastman Chemical (NYSE:EMN)
DateHeadline
realistinvestor.com logoEastman Chemical Company (NYSE:EMN) Mean Price Target Is $74.9 (NYSE:EMN)
www.realistinvestor.com - September 23 at 9:50 AM
realistinvestor.com logoEastman Chemical Company (NYSE:EMN) Mean Price Target Is $74.9 - RealistInvestor.com (NYSE:EMN)
www.realistinvestor.com - September 22 at 4:54 PM
publicnow.com logo2016, Sep 20 - Eastman Receives Approval of Structural Interlayer for Germany (NYSE:EMN)
www.publicnow.com - September 21 at 8:46 AM
News IconRetreated Stocks in Focus- Spectra Energy Corp. (NYSE:SE), Eastman Chemical Co. (NYSE:EMN) - Seneca Globe (NYSE:EMN)
www.senecaglobe.com - September 19 at 3:42 PM
zacks.com logoEastman (EMN) & Insignia Release New LLumar Film Viewer (NYSE:EMN)
www.zacks.com - September 16 at 8:34 AM
finance.yahoo.com logoInsignia Launches First Mobile-Responsive Vehicle-to-Accessory Configurator With Eastman (NYSE:EMN)
finance.yahoo.com - September 15 at 5:11 PM
seekingalpha.com logoEastman Chemical goes ex-dividend today (NYSE:EMN)
seekingalpha.com - September 13 at 8:49 AM
News IconAnalysts Valuations For Two Stocks: Eastman Chemical Company ... - The Voice Registrar (NYSE:EMN)
voiceregistrar.com - September 12 at 4:40 PM
News IconStock Slipping Down Over the Past Five Trading Sessions: Eastman Chemical Co. (NYSE:EMN) (NYSE:EMN)
www.nationaldailypress.com - September 11 at 9:19 AM
News IconBrokerage Firm Rating Update on Eastman Chemical Company (EMN) (NYSE:EMN)
magseriesusa.net - September 11 at 9:19 AM
News IconStock Valuation Recap for Eastman Chemical Co. (NYSE:EMN) - Post News (NYSE:EMN)
www.kentuckypostnews.com - September 10 at 9:25 AM
forbes.com logoEx-Dividend Reminder: Goldcorp, Packaging Corp of America and Eastman Chemical - Forbes (NYSE:EMN)
www.forbes.com - September 9 at 4:42 PM
News IconPlacing Eastman Chemical Company (NYSE:EMN) Shares Under the Microscope - Post News (NYSE:EMN)
www.kentuckypostnews.com - September 9 at 9:39 AM
News IconStock Slipping Down Over the Past Five Trading Sessions: Eastman Chemical Co. (NYSE:EMN) - National Daily Press (NYSE:EMN)
www.nationaldailypress.com - September 9 at 9:39 AM
thestreet.com logo5 Toxic Stocks to Stay Away From This Fall (NYSE:EMN)
www.thestreet.com - September 9 at 9:39 AM
News IconEastman Chemical Company (NYSE:EMN): What is the Sell-side Making of this Stock? - Post News (NYSE:EMN)
www.kentuckypostnews.com - September 8 at 8:40 AM
finance.yahoo.com logoEastman Chemical is Part of New Silicon Valley Cooperative - Yahoo Finance (NYSE:EMN)
finance.yahoo.com - September 8 at 8:40 AM
News IconAnalyst's Reviews on Rating under Consideration: Eastman Chemical Company (NYSE:EMN) - Post Registrar (NYSE:EMN)
postregistrar.com - September 8 at 8:40 AM
zacks.com logoEastman Chemical is Part of New Silicon Valley Cooperative (NYSE:EMN)
www.zacks.com - September 7 at 8:10 AM
realistinvestor.com logoEastman Chemical Company (NYSE:EMN) Is Expected To Post EPS Of $1.93 - RealistInvestor.com (NYSE:EMN)
www.realistinvestor.com - September 3 at 4:28 PM
News IconHow has Eastman Chemical Co.:(NYSE:EMN) performed recently? - The Daily Leicester (NYSE:EMN)
thedailyleicester.com - August 31 at 9:38 AM
capitalcube.com logoEastman Chemical Co. breached its 50 day moving average in a Bullish Manner : EMN-US : August 30, 2016 (NYSE:EMN)
www.capitalcube.com - August 30 at 12:26 PM
News IconStock Up Over the Past Five Trading Days: Eastman Chemical Co. (NYSE:EMN) - Post News (NYSE:EMN)
www.kentuckypostnews.com - August 29 at 8:57 PM
News IconIs Eastman Chemical Co. (NYSE:EMN), a large market cap stock a smart buy? (NYSE:EMN)
twincountynews.com - August 29 at 3:52 PM
finance.yahoo.com logoEastman Chemical (EMN): Moving Average Crossover Alert (NYSE:EMN)
finance.yahoo.com - August 29 at 3:52 PM
News IconLarge Cap Chemicals – Major Diversified: Eastman Chemical Co. (NYSE:EMN) (NYSE:EMN)
twincountynews.com - August 29 at 9:28 AM
News IconAnalysts Valuations For Two Stocks: Vulcan Materials Company (NYSE:VMC), Eastman Chemical Company (NYSE ... - The Voice Registrar (NYSE:EMN)
voiceregistrar.com - August 27 at 9:27 AM
News IconTop Gainers of the Day: Eastman Chemical Co. (NYSE:EMN) from Chemicals – Major Diversified (NYSE:EMN)
twincountynews.com - August 26 at 4:44 PM
realistinvestor.com logoEastman Chemical Company (NYSE:EMN) Stock Price Likely To Reach $74.9: Wall Street - RealistInvestor.com (NYSE:EMN)
www.realistinvestor.com - August 26 at 11:25 AM
capitalcube.com logoETF’s with exposure to Eastman Chemical Co. : August 26, 2016 (NYSE:EMN)
www.capitalcube.com - August 26 at 11:25 AM
istreetwire.com logoStocks In Action: The Travelers (TRV), Eastman Chemical (EMN), Chimerix (CMRX) - iStreetWire (NYSE:EMN)
istreetwire.com - August 25 at 3:17 PM
investornewswire.com logoEastman Chemical Company (NYSE:EMN) Gets 1 Recommendations To Sell - Investor Newswire (NYSE:EMN)
www.investornewswire.com - August 23 at 4:54 PM
realistinvestor.com logoAnalysts See Eastman Chemical Company (NYSE:EMN) Reporting EPS Of $1.52 (NYSE:EMN)
www.realistinvestor.com - August 21 at 9:20 AM
News IconBrokerage Analysts & Investors Weigh in on Eastman Chemical Company (NYSE:EMN) - Post News (NYSE:EMN)
www.kentuckypostnews.com - August 19 at 7:33 AM
investornewswire.com logoWill Eastman Chemical Company (NYSE:EMN) Hit $96 Price Target? - Investor Newswire (NYSE:EMN)
www.investornewswire.com - August 17 at 6:42 AM
publicnow.com logo2016, Aug 15 - Eastman increases POLYMER RAW MATERIALS prices on Sep. 15, 2016 (NYSE:EMN)
www.publicnow.com - August 15 at 4:57 PM
News IconThe Statistics Don't Lie: Eastman Chemical Co. (NYSE:EMN) Earnings Preview - The Voice Registrar (NYSE:EMN)
voiceregistrar.com - August 12 at 6:46 AM
marketrealist.com logoBain Capital Sells Trinseo Shares as Secondary Offering (NYSE:EMN)
marketrealist.com - August 10 at 5:01 PM
finance.yahoo.com logoEASTMAN CHEMICAL CO Financials (NYSE:EMN)
finance.yahoo.com - August 9 at 3:30 PM
nasdaq.com logoEastman Board Declares Dividend (NYSE:EMN)
www.nasdaq.com - August 6 at 5:08 PM
tradecalls.org logoUnited Asset Strategies Lowers stake in Eastman Chemical Company (EMN) - Trade Calls (NYSE:EMN)
www.tradecalls.org - August 5 at 10:04 PM
finanznachrichten.de logoEastman Chemical Company: Eastman Board Declares Dividend (NYSE:EMN)
www.finanznachrichten.de - August 5 at 4:53 PM
News IconLeading stocks in today’s market: Eastman Chemical Co. (NYSE:EMN) (NYSE:EMN)
twincountynews.com - August 5 at 4:53 PM
News IconA look at a High Market Cap Stock: Eastman Chemical Co., EMN ... - The Daily Leicester (NYSE:EMN)
thedailyleicester.com - August 4 at 10:34 PM
News IconUpdate on Eastman Chemical Co. (NYSE:EMN) for the day (NYSE:EMN)
twincountynews.com - August 4 at 5:02 PM
capitalcube.com logoETF’s with exposure to Eastman Chemical Co. : August 4, 2016 (NYSE:EMN)
www.capitalcube.com - August 4 at 5:02 PM
forbes.com logoEastman Chemical Enters Oversold Territory (NYSE:EMN)
www.forbes.com - August 3 at 10:30 PM
capitalcube.com logoEastman Chemical Co. :EMN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:EMN)
www.capitalcube.com - August 3 at 4:59 PM
biz.yahoo.com logoEASTMAN CHEMICAL CO Files SEC form 10-Q, Quarterly Report (NYSE:EMN)
biz.yahoo.com - August 3 at 4:59 PM
investornewswire.com logoRatings Watch: Eastman Chemical Company (NYSE:EMN) - Investor Newswire (NYSE:EMN)
www.investornewswire.com - August 2 at 4:59 PM

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Eastman Chemical (NYSE:EMN) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff