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NYSE:EMN

Eastman Chemical (EMN) Stock Price, News & Analysis

$97.31
+0.16 (+0.16%)
(As of 07/22/2024 ET)
Today's Range
$95.96
$98.06
50-Day Range
$94.54
$103.88
52-Week Range
$68.89
$105.98
Volume
756,351 shs
Average Volume
980,645 shs
Market Capitalization
$11.45 billion
P/E Ratio
12.54
Dividend Yield
3.33%
Price Target
$107.31

Eastman Chemical MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
10.3% Upside
$107.31 Price Target
Short Interest
Healthy
1.52% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.93
Upright™ Environmental Score
News Sentiment
0.85mentions of Eastman Chemical in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$10.89 M Sold Last Quarter
Proj. Earnings Growth
19.12%
From $7.69 to $9.16 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.90 out of 5 stars

Basic Materials Sector

4th out of 172 stocks

Plastics Materials & Resins Industry

3rd out of 11 stocks

EMN stock logo

About Eastman Chemical Stock (NYSE:EMN)

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.

EMN Stock Price History

EMN Stock News Headlines

Eastman Chemical (EMN) to Release Earnings on Thursday
270x more lucrative than NVIDIA???
Is the AI boom losing steam? According to the Wall Street Journal, the pace of innovation in AI is slowing down... Its usefulness is limited... And the cost of running AI remains "exorbitant."
Did Eastman Chemical Company (EMN) Soar in Q1?
Eastman Board Elects New Director
UBS Upgrades Eastman Chemical (EMN)
270x more lucrative than NVIDIA???
Is the AI boom losing steam? According to the Wall Street Journal, the pace of innovation in AI is slowing down... Its usefulness is limited... And the cost of running AI remains "exorbitant."
Expert Outlook: Eastman Chemical Through The Eyes Of 11 Analysts
Eastman Partners Debrand to Recycle Textile Waste
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 7/9 Dividend
6/17/2024
Dividend Payable
7/09/2024
Today
7/22/2024
Next Earnings (Confirmed)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
Diversified Chemicals
CUSIP
27743210
Employees
14,000
Year Founded
1920

Price Target and Rating

Average Stock Price Target
$107.31
High Stock Price Target
$128.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+10.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
16 Analysts

Profitability

Net Income
$894 million
Pretax Margin
12.15%

Debt

Sales & Book Value

Annual Sales
$9.21 billion
Cash Flow
$10.76 per share
Book Value
$47.13 per share

Miscellaneous

Free Float
115,378,000
Market Cap
$11.45 billion
Optionable
Optionable
Beta
1.46

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EMN Stock Analysis - Frequently Asked Questions

How have EMN shares performed this year?

Eastman Chemical's stock was trading at $89.82 at the beginning of the year. Since then, EMN stock has increased by 8.3% and is now trading at $97.31.
View the best growth stocks for 2024 here
.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) announced its earnings results on Thursday, April, 25th. The basic materials company reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.20. The company's revenue for the quarter was down 4.2% compared to the same quarter last year.
Read the conference call transcript
.

What is Mark J. Costa's approval rating as Eastman Chemical's CEO?

742 employees have rated Eastman Chemical Chief Executive Officer Mark J. Costa on Glassdoor.com. Mark J. Costa has an approval rating of 74% among the company's employees.

Does Eastman Chemical have any subsidiaries?

Eastman Chemical subsidiaries include these companies: Commonwealth Laminating & Coating Inc, Taminco Corporation, Knowlton Technologies LLC, BP - Aviation Turbine Oil Business, Solutia Inc., TetraVitae Bioscience, Scandiflex do Brasil Ltda., and others.

Who are Eastman Chemical's major shareholders?

Top institutional shareholders of Eastman Chemical include Raymond James & Associates (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Gateway Investment Advisers LLC (0.12%) and Wedge Capital Management L L P NC (0.09%). Insiders that own company stock include Mark J Costa, Adrian James Holt, Mark K Cox, Christopher Moore Killian, Stephen Glenn Crawford and Brad A Lich.
View institutional ownership trends
.

How do I buy shares of Eastman Chemical?

Shares of EMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Eastman Chemical own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eastman Chemical investors own include AT&T (T), AbbVie (ABBV), Intel (INTC), QUALCOMM (QCOM), CVS Health (CVS), Verizon Communications (VZ) and Pfizer (PFE).

This page (NYSE:EMN) was last updated on 7/23/2024 by MarketBeat.com Staff

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