NYSE:EMN - Eastman Chemical Stock Price, News, & Analysis

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$71.72 +1.67 (+2.38 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$70.05
Today's Range$70.52 - $71.90
52-Week Range$67.40 - $110.17
Volume937,512 shs
Average Volume1.20 million shs
Market Capitalization$9.94 billion
P/E Ratio8.75
Dividend Yield3.54%
Beta1.14
Eastman Chemical Company operates as an advanced materials and specialty additives company worldwide. The company's Additives & Functional Products segment offers specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; insoluble sulfur and anti-degradant rubber additives; performance resins; amine derivative-based building blocks; heat transfer and aviation fluids; organic acid-based solutions; and metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. It serves the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. Its Advanced Materials segment provides co-polyesters, cellulose esters, polyvinyl butyral (PVB) sheets, specialty PVB intermediates, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, consumables, building and construction, durable goods, and health and wellness markets. The company's Chemical Intermediates segment offers Olefin and acetyl derivatives, ethylene, and commodity solvents; primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers; and methylamines and salts higher amines and solvents to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns 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, aerospace, personal hygiene, and consumables markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

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Industry, Sector and Symbol

Industry Plastics materials & resins
Sub-IndustryDiversified Chemicals
SectorBasic Materials
CUSIP27743210
Phone423-229-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.15 billion
Cash Flow$12.7843 per share
Book Value$42.71 per share

Profitability

Net Income$1.08 billion

Miscellaneous

Employees14,500
Market Cap$9.94 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

Eastman Chemical (NYSE:EMN) Frequently Asked Questions

What is Eastman Chemical's stock symbol?

Eastman Chemical trades on the New York Stock Exchange (NYSE) under the ticker symbol "EMN."

How often does Eastman Chemical pay dividends? What is the dividend yield for Eastman Chemical?

Eastman Chemical announced a quarterly dividend on Thursday, May 2nd. Stockholders of record on Monday, June 17th will be given a dividend of $0.62 per share on Friday, July 5th. This represents a $2.48 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Friday, June 14th. View Eastman Chemical's Dividend History.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) released its quarterly earnings data on Thursday, April, 25th. The basic materials company reported $1.77 EPS for the quarter, missing the Zacks' consensus estimate of $1.91 by $0.14. The basic materials company had revenue of $2.38 billion for the quarter, compared to analyst estimates of $2.61 billion. Eastman Chemical had a return on equity of 18.60% and a net margin of 10.07%. The company's quarterly revenue was down 8.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.23 earnings per share. View Eastman Chemical's Earnings History.

When is Eastman Chemical's next earnings date?

Eastman Chemical is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Eastman Chemical.

What guidance has Eastman Chemical issued on next quarter's earnings?

Eastman Chemical issued an update on its FY19 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of $8.69 to $9.02 for the period, compared to the Thomson Reuters consensus estimate of $8.72.

What price target have analysts set for EMN?

12 brokerages have issued 1-year price targets for Eastman Chemical's stock. Their forecasts range from $79.00 to $98.00. On average, they expect Eastman Chemical's stock price to reach $89.50 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price. View Analyst Price Targets for Eastman Chemical.

What is the consensus analysts' recommendation for Eastman Chemical?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastman Chemical in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eastman Chemical.

Has Eastman Chemical been receiving favorable news coverage?

News articles about EMN stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Eastman Chemical earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Eastman Chemical's key competitors?

What other stocks do shareholders of Eastman Chemical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eastman Chemical investors own include Intel (INTC), QUALCOMM (qcom), AT&T (T), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Gilead Sciences (GILD), Mcdonald's (MCD), Verizon Communications (VZ) and CVS Health (CVS).

Who are Eastman Chemical's key executives?

Eastman Chemical's management team includes the folowing people:
  • Mr. Mark J. Costa, Chairman & CEO (Age 53)
  • Mr. Curtis E. Espeland, Exec. VP & CFO (Age 54)
  • Mr. David A. Golden, Chief Legal & Sustainability Officer, Sr. VP and Corp. Sec. (Age 53)
  • Mr. Brad A. Lich, Exec. VP & Chief Commercial Officer (Age 51)
  • Mr. Lucian Boldea Ph.D., Exec. VP of Chemical Intermediates, Additives & Functional Products (Age 47)

Who are Eastman Chemical's major shareholders?

Eastman Chemical's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.67%), JPMorgan Chase & Co. (4.97%), LSV Asset Management (4.03%), Victory Capital Management Inc. (2.57%), Ronna Sue Cohen (2.14%) and Dimensional Fund Advisors LP (1.70%). Company insiders that own Eastman Chemical stock include Brad A Lich, Curtis E Espeland, Damon Cary Warmack, David A Golden, David W Raisbeck, Gary E Anderson, Lewis M Kling, Lucian Boldea, Mark J Costa, Mark K Cox, Perry Stuckey, Renee J Hornbaker, Scott V King and Stephen R Demeritt. View Institutional Ownership Trends for Eastman Chemical.

Which major investors are selling Eastman Chemical stock?

EMN stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., FMR LLC, Nordea Investment Management AB, Wells Fargo & Company MN, Renaissance Technologies LLC, Morgan Stanley, Teacher Retirement System of Texas and Pinebridge Investments L.P.. Company insiders that have sold Eastman Chemical company stock in the last year include Lucian Boldea, Mark J Costa and Scott V King. View Insider Buying and Selling for Eastman Chemical.

Which major investors are buying Eastman Chemical stock?

EMN stock was purchased by a variety of institutional investors in the last quarter, including Ronna Sue Cohen, JPMorgan Chase & Co., Victory Capital Management Inc., Bluestein R H & Co., AQR Capital Management LLC, DekaBank Deutsche Girozentrale, Argent Capital Management LLC and BlackRock Inc.. View Insider Buying and Selling for Eastman Chemical.

How do I buy shares of Eastman Chemical?

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

What is Eastman Chemical's stock price today?

One share of EMN stock can currently be purchased for approximately $71.72.

How big of a company is Eastman Chemical?

Eastman Chemical has a market capitalization of $9.94 billion and generates $10.15 billion in revenue each year. The basic materials company earns $1.08 billion in net income (profit) each year or $8.20 on an earnings per share basis. Eastman Chemical employs 14,500 workers across the globe.

What is Eastman Chemical's official website?

The official website for Eastman Chemical is http://www.eastman.com/.

How can I contact Eastman Chemical?

Eastman Chemical's mailing address is PO BOX 511 200 SOUTH WILCOX DRIVE, KINGSPORT TN, 37662. The basic materials company can be reached via phone at 423-229-2000 or via email at [email protected]


MarketBeat Community Rating for Eastman Chemical (NYSE EMN)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  554 (Thanks for Voting!)
Underperform Votes:  504 (Thanks for Voting!)
Total Votes:  1,058
MarketBeat's community ratings are surveys of what our community members think about Eastman Chemical and other stocks. Vote "Outperform" if you believe EMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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