Free Trial
NYSE:EMN

Eastman Chemical (EMN) Stock Price, News & Analysis

$100.73
+3.59 (+3.70%)
(As of 07/26/2024 ET)
Today's Range
$95.48
$100.78
50-Day Range
$94.54
$103.88
52-Week Range
$68.89
$105.98
Volume
1.43 million shs
Average Volume
981,780 shs
Market Capitalization
$11.85 billion
P/E Ratio
12.98
Dividend Yield
3.22%
Price Target
$107.63

Eastman Chemical MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
6.8% Upside
$107.63 Price Target
Short Interest
Healthy
1.51% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.93
Upright™ Environmental Score
News Sentiment
0.87mentions of Eastman Chemical in the last 14 days
Based on 13 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.

4.75 out of 5 stars

Basic Materials Sector

16th out of 175 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 Q2 Profit Decreases, But Beats Estimates
Eastman Announces Second-Quarter 2024 Financial Results
New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
The 3 Best Bioplastic Stocks to Buy Now
Eastman Chemical to Report Q2 Earnings: What's in Store?
Eastman Chemical (EMN) to Release Earnings on Thursday
New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
Did Eastman Chemical Company (EMN) Soar in Q1?
Eastman Board Elects New Director
UBS Upgrades Eastman Chemical (EMN)
Expert Outlook: Eastman Chemical Through The Eyes Of 11 Analysts
Eastman Partners Debrand to Recycle Textile Waste
See More Headlines
Receive EMN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Eastman Chemical and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 7/9 Dividend
6/17/2024
Dividend Payable
7/09/2024
Last Earnings
7/25/2024
Today
7/26/2024
Next Earnings (Estimated)
10/24/2024
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
+8.9%
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
$10.99 per share
Book Value
$47.13 per share

Miscellaneous

Free Float
115,378,000
Market Cap
$11.60 billion
Optionable
Optionable
Beta
1.46

Social Links

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

EMN Stock Analysis - Frequently Asked Questions

How have EMN shares performed this year?

Eastman Chemical's stock was trading at $89.82 on January 1st, 2024. Since then, EMN shares have increased by 12.1% and is now trading at $100.73.
View the best growth stocks for 2024 here
.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) announced its quarterly earnings results on Thursday, July, 25th. The basic materials company reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.99 by $0.16. Eastman Chemical's revenue was up 1.7% compared to the same quarter last year.

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 Commonwealth Laminating & Coating Inc, Taminco Corporation, Knowlton Technologies LLC, BP - Aviation Turbine Oil Business, Solutia Inc., TetraVitae Bioscience, Scandiflex do Brasil Ltda., and more.

Who are Eastman Chemical's major shareholders?

Eastman Chemical's top institutional shareholders include Bank of New York Mellon Corp (1.04%), Raymond James & Associates (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and Gateway Investment Advisers LLC (0.12%). 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 7/26/2024 by MarketBeat.com Staff

From Our Partners