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: $67.25
  • 50 Day Moving Average: $67.86
  • 200 Day Moving Average: $70.36
  • Trailing P/E Ratio: 11.33
  • Foreward P/E Ratio: 9.43
  • P/E Growth: 1.97
  • Market Cap: $9.93B
  • Outstanding Shares: 147,711,000
  • Beta: 1.66
Additional Links:
Companies Related to Eastman Chemical:

Analyst Ratings

Consensus Ratings for Eastman Chemical (NYSE:EMN) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.53)
Consensus Price Target: $77.21 (14.82% upside)

Analysts' Ratings History for Eastman Chemical (NYSE:EMN)
Show:
DateFirmActionRatingPrice TargetDetails
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
4/18/2016Citigroup Inc.Boost Price TargetBuy$73.00 -> $86.00View 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 8/28/2014 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: $6.53 EPS
Next Year EPS Consensus Estimate: $7.13 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$1.65$1.63
Q4 20163$1.47$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:2.74%
Payout Ratio:30.98% (Based on Trailing 12 Months of Earnings)
28.18% (Based on Current Year Consensus EPS Estimate)
25.81% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-3.60% (3 Year Average)

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)
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
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
forbes.com logoEastman Chemical Enters Oversold Territory - Forbes (NYSE:EMN)
www.forbes.com - August 2 at 4:59 PM
finance.yahoo.com logoEastman Chemical downgraded by RBC Capital Mkts (NYSE:EMN)
finance.yahoo.com - August 2 at 4:59 PM
benzinga.com logoSunTrust On Eastman Chemical: 'The Horse Has Left The Barn' (NYSE:EMN)
www.benzinga.com - August 2 at 9:39 AM
breakingfinancenews.com logoA report released today by Deutsche Bank about (NYSE:EMN) Eastman Chemical Company lowers the target price to $75 (NYSE:EMN)
breakingfinancenews.com - August 2 at 9:39 AM
equities.com logoEastman Chemical Company (EMN) Falls 7.3% for July 29 (NYSE:EMN)
www.equities.com - July 30 at 4:27 PM
fortune.com logoLooking At Recent Analyst Ratings: Wynn Resorts, Limited ... - Review Fortune (NYSE:EMN)
reviewfortune.com - July 30 at 7:42 AM
equities.com logoEastman Chemical Company (EMN) Falls 7.3% for July 29 - Equities.com (NYSE:EMN)
www.equities.com - July 29 at 10:09 PM
4-traders.com logoEastman Chemical : Announces Second-Quarter 2016 Financial Results (NYSE:EMN)
www.4-traders.com - July 29 at 11:52 AM
nasdaq.com logoEastman Chemical Earnings Drop 22% In Q2 (NYSE:EMN)
www.nasdaq.com - July 28 at 9:18 PM
News IconEastman Announces Second-Quarter 2016 Financial Results (NYSE:EMN)
www.acnnewswire.com - July 28 at 9:18 PM
cnbc.com logoEastman Chemical misses Street 2Q forecasts (NYSE:EMN)
www.cnbc.com - July 28 at 9:18 PM
investornewswire.com logoCan Shares Of Eastman Chemical Company (NYSE:EMN) Hit $96? - Investor Newswire (NYSE:EMN)
www.investornewswire.com - July 28 at 8:08 AM
fortune.com logoA Look At Analyst Ratings Summary: Eastman Chemical Company ... - Review Fortune (NYSE:EMN)
reviewfortune.com - July 28 at 8:08 AM
biz.yahoo.com logoQ2 2016 Eastman Chemical Co Earnings Release - 4:30 pm ET (NYSE:EMN)
biz.yahoo.com - July 28 at 7:07 AM
finance.yahoo.com logoEastman Chemical (EMN): Will Weak Prices Dent Q2 Earnings? (NYSE:EMN)
finance.yahoo.com - July 26 at 4:49 PM
News IconEastman Chemical Co. (NYSE:EMN) To Report June 2016 Results - The Voice Registrar (NYSE:EMN)
voiceregistrar.com - July 25 at 10:19 PM
4-traders.com logoEastman Chemical : Palladium Partners buys $11,592,437 stake in Eastman Chemical Company (NYSE:EMN)
www.4-traders.com - July 23 at 4:42 PM
News IconFriday Session Wrap-up for Eastman Chemical Co. (NYSE:EMN) - Engelwood Daily (NYSE:EMN)
www.engelwooddaily.com - July 23 at 8:54 AM
marketrealist.com logoWhere Do Celanese Valuations Stand before Its 2Q16 Earnings Report? (NYSE:EMN)
marketrealist.com - July 22 at 1:04 PM
News IconHigh Expectations Remain For Eastman Chemical Co. (NYSE:EMN) - TGP (NYSE:EMN)
telanaganapress.com - July 21 at 4:58 PM
tradecalls.org logoPalladium Partners buys $11592437 stake in Eastman Chemical Company (EMN) - Trade Calls (NYSE:EMN)
www.tradecalls.org - July 21 at 4:58 PM
News IconIs Eastman Chemical Co.(NYSE: EMN), a large market cap stock a smart buy? - The Daily Leicester (NYSE:EMN)
thedailyleicester.com - July 21 at 8:21 AM
News IconStock Strength in Focus for Eastman Chemical Co. (NYSE:EMN) - Press Telegraph (NYSE:EMN)
presstelegraph.com - July 20 at 7:46 AM
News IconShares Positive Over the Past Month: Eastman Chemical Co. (NYSE:EMN) - TGP (NYSE:EMN)
telanaganapress.com - July 20 at 7:46 AM
News IconHow has Eastman Chemical Co.:(NYSE:EMN) performed recently? - The Daily Leicester (NYSE:EMN)
thedailyleicester.com - July 20 at 7:46 AM
investornewswire.com logoIs $96 Price Target Attainable For Eastman Chemical Company (NYSE:EMN)? - Investor Newswire (NYSE:EMN)
www.investornewswire.com - July 19 at 4:55 PM

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Eastman Chemical (NYSE:EMN) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff