Eastman Chemical Stock Forecast, Price & News

Eastman Chemical (NYSE:EMN) Frequently Asked Questions

Is Eastman Chemical a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eastman Chemical in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Eastman Chemical stock.
View analyst ratings for Eastman Chemical or view top-rated stocks.

How has Eastman Chemical's stock price been impacted by COVID-19?

Eastman Chemical's stock was trading at $47.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EMN shares have increased by 168.4% and is now trading at $127.51.
View which stocks have been most impacted by COVID-19.

Are investors shorting Eastman Chemical?

Eastman Chemical saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,170,000 shares, an increase of 72.3% from the November 30th total of 1,840,000 shares. Based on an average daily trading volume, of 1,040,000 shares, the short-interest ratio is currently 3.0 days. Approximately 2.4% of the shares of the stock are sold short.
View Eastman Chemical's Short Interest.

When is Eastman Chemical's next earnings date?

Eastman Chemical is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Eastman Chemical.

How can I listen to Eastman Chemical's earnings call?

Eastman Chemical will be holding an earnings conference call on Friday, January 28th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 719-457-0820 with passcode "2580007".

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) released its quarterly earnings data on Thursday, October, 28th. The basic materials company reported $2.46 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $2.46. The basic materials company had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.61 billion. Eastman Chemical had a net margin of 5.13% and a trailing twelve-month return on equity of 19.50%. The firm's revenue for the quarter was up 28.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.57 earnings per share.
View Eastman Chemical's earnings history.

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

Eastman Chemical declared a quarterly dividend on Thursday, December 2nd. Shareholders of record on Wednesday, December 15th will be given a dividend of $0.76 per share on Friday, January 7th. This represents a $3.04 annualized dividend and a yield of 2.38%. The ex-dividend date is Tuesday, December 14th. This is a positive change from Eastman Chemical's previous quarterly dividend of $0.69.
View Eastman Chemical's dividend history.

Is Eastman Chemical a good dividend stock?

Eastman Chemical pays an annual dividend of $3.04 per share and currently has a dividend yield of 2.38%. Eastman Chemical has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Eastman Chemical is 81.72%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Eastman Chemical will have a dividend payout ratio of 31.67% next year. This indicates that Eastman Chemical will be able to sustain or increase its dividend.
View Eastman Chemical's dividend history.

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

Eastman Chemical updated its FY 2021 earnings guidance on Thursday, November, 4th. The company provided EPS guidance of $8.800-$9.000 for the period, compared to the Thomson Reuters consensus estimate of $9.090. The company issued revenue guidance of -.

What price target have analysts set for EMN?

12 brokers have issued 12-month target prices for Eastman Chemical's shares. Their forecasts range from $110.00 to $165.00. On average, they expect Eastman Chemical's share price to reach $135.64 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price.
View analysts' price targets for Eastman Chemical or view top-rated stocks among Wall Street analysts.

Who are Eastman Chemical's key executives?

Eastman Chemical's management team includes the following people:

• Mark J. Costa, Chairman & Chief Executive Officer (LinkedIn Profile)
• William T. McLain, Chief Financial Officer & Senior Vice President
• Mark K. Cox, Chief Manufacturing & Engineering Officer, SVP
• Stephen G. Crawford, Co-Chief Technology Officer & Executive VP
• Christopher M. Killian, Co-Chief Technology Officer & Senior VP

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

742 employees have rated Eastman Chemical CEO Mark J. Costa on Glassdoor.com. Mark J. Costa has an approval rating of 74% among Eastman Chemical's employees.

Who are some of Eastman Chemical's key competitors?

Some companies that are related to Eastman Chemical include DOW (DOW), DuPont de Nemours (DD), PPG Industries (PPG), FMC (FMC), Olin (OLN), Huntsman (HUN) and LSB Industries (LXU).
View all of EMN's 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 AT&T (T), AbbVie (ABBV), Intel (INTC), QUALCOMM (QCOM), CVS Health (CVS), Verizon Communications (VZ), Pfizer (PFE), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Broadcom (AVGO).

What is Eastman Chemical's stock symbol?

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

Who are Eastman Chemical's major shareholders?

Eastman Chemical's stock is owned by a number of institutional and retail investors. Top institutional investors include Royal London Asset Management Ltd. (0.23%), Gateway Investment Advisers LLC (0.12%), Scout Investments Inc. (0.11%), Contravisory Investment Management Inc. (0.03%), Butensky & Cohen Financial Security Inc. (0.03%) and Heritage Way Advisors LLC (0.02%). Company insiders that own Eastman Chemical stock include Brad A Lich, Lucian Boldea, Mark J Costa, Mark K Cox, Perry Stuckey, Scott V King and Stephen Glenn Crawford.
View institutional ownership trends for Eastman Chemical.

Which institutional investors are selling Eastman Chemical stock?

EMN stock was sold by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Centre Asset Management LLC, Contravisory Investment Management Inc., DNB Asset Management AS, State of Alaska Department of Revenue, First Hawaiian Bank, IBM Retirement Fund, and Jackson Square Capital LLC. Company insiders that have sold Eastman Chemical company stock in the last year include Brad A Lich, Lucian Boldea, Mark J Costa, Mark K Cox, Perry Stuckey, Scott V King, and Stephen Glenn Crawford.
View insider buying and selling activity for Eastman Chemical or view top insider-selling stocks.

Which institutional investors are buying Eastman Chemical stock?

EMN stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., David J Yvars Group, IFP Advisors Inc, Foundation Resource Management Inc., Cutler Group LP, Stratos Wealth Advisors LLC, Diversified Trust Co, and First Midwest Bank Trust Division.
View insider buying and selling activity for Eastman Chemical or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Eastman Chemical's stock price today?

One share of EMN stock can currently be purchased for approximately $127.51.

How much money does Eastman Chemical make?

Eastman Chemical has a market capitalization of $17.14 billion and generates $8.47 billion in revenue each year. The basic materials company earns $478 million in net income (profit) each year or $3.72 on an earnings per share basis.

How many employees does Eastman Chemical have?

Eastman Chemical employs 14,500 workers across the globe.

Does Eastman Chemical have any subsidiaries?

The following companies are subsidiares of Eastman Chemical: BP - Aviation Turbine Oil Business, CP Films Vertriebs GmbH, Commonwealth Laminating & Coating (Hong Kong) Limited, Commonwealth Laminating & Coating Inc, Crown Operations International LLC, Dynaloy, Eastman Administración S.A. de C.V., Eastman Chemical (Barbados) SRL, Eastman Chemical (China) Co. Ltd., Eastman Chemical (China) Co. Ltd. - Guangzhou Branch, Eastman Chemical (China) Co. Ltd. - JingAn Branch, Eastman Chemical (Gibraltar) Limited, Eastman Chemical (Malaysia) Sdn. Bhd., Eastman Chemical (PPU) Pte. Ltd., Eastman Chemical AMI GmbH, Eastman Chemical AMI LLC, Eastman Chemical AP Holdings B.V., Eastman Chemical Adhesives (Hong Kong) Limited, Eastman Chemical Advanced Materials B.V., Eastman Chemical Argentina S.R.L., Eastman Chemical Asia Pacific Pte Ltd-Indonesia Rep Office, Eastman Chemical Asia Pacific Pte. Ltd., Eastman Chemical Asia Pacific Pte. Ltd. - Vietnam Representative Office, Eastman Chemical Australia Pty LTD - New Zealand Branch, Eastman Chemical Australia Pty. Ltd., Eastman Chemical B.V., Eastman Chemical B.V. - Czech Republic Representative Office, Eastman Chemical B.V. - Denmark Branch, Eastman Chemical B.V. - Filiale Italiana, Eastman Chemical B.V. - France Branch, Eastman Chemical B.V. - Hungarian Commercial Representative Office, Eastman Chemical B.V. - Poland Representative Office, Eastman Chemical B.V. - South Africa Representative Office, Eastman Chemical B.V. Taiwan Branch, Eastman Chemical B.V. The Hague Zug Branch, Eastman Chemical Canada Inc., Eastman Chemical Company Investments Inc., Eastman Chemical EMEA B.V., Eastman Chemical Europe Middle East and Africa LLC, Eastman Chemical Europe S.a.r.l., Eastman Chemical Fibers IP GmbH, Eastman Chemical Fibers IP LLC, Eastman Chemical Finance B.V., Eastman Chemical Finance CN S.a.r.l., Eastman Chemical Finance EUR S.a.r.l., Eastman Chemical Finance GBP S.a.r.l., Eastman Chemical Finance SGD S.a.r.l., Eastman Chemical Finance USD S.a.r.l., Eastman Chemical Financial Corporation, Eastman Chemical GDL S.a.r.l., Eastman Chemical Germany Holdings GmbH & Co. KG, Eastman Chemical Germany Management GmbH & Co. KG, Eastman Chemical Germany Verwaltungs-GmbH, Eastman Chemical Global Holdings LLC, Eastman Chemical Global Holdings S.a.r.l., Eastman Chemical GmbH, Eastman Chemical HK Limited, Eastman Chemical Holdings do Brasil Ltda., Eastman Chemical Hong Kong B.V., Eastman Chemical Iberica S.L., Eastman Chemical India Private Limited, Eastman Chemical Intermediates (Hong Kong) Limited, Eastman Chemical International GmbH, Eastman Chemical International Holdings B.V., Eastman Chemical International LP LLC, Eastman Chemical Japan Ltd., Eastman Chemical Korea B.V., Eastman Chemical Korea Ltd., Eastman Chemical Latin America Inc., Eastman Chemical Ltd., Eastman Chemical Ltd. - Australia Branch, Eastman Chemical Ltd. - Singapore Branch, Eastman Chemical Ltd. - Taiwan Branch, Eastman Chemical Luxembourg Finance S.a.r.l., Eastman Chemical Luxembourg Holdings 1 LLC, Eastman Chemical Luxembourg Holdings 1 S.a.r.l., Eastman Chemical Luxembourg Holdings 2 S.a.r.l., Eastman Chemical Luxembourg Holdings LLC, Eastman Chemical Luxembourg Holdings S.a.r.l., Eastman Chemical Malaysia B.V., Eastman Chemical Middelburg B.V., Eastman Chemical Netherlands Limited, Eastman Chemical Products Singapore Pte. Ltd., Eastman Chemical Regional UK, Eastman Chemical Resins Inc., Eastman Chemical S.C.S., Eastman Chemical Singapore Pte. Ltd., Eastman Chemical Switzerland GmbH, Eastman Chemical Technology BVBA, Eastman Chemical Texas City Inc., Eastman Chemical US Finance LLC, Eastman Chemical Uruapan S.A. de C.V., Eastman Chemical Workington Limited, Eastman Chemical do Brasil Ltda., Eastman Cogen Management L.L.C., Eastman Cogeneration L.P., Eastman Company UK Limited, Eastman Fibers Korea Limited, Eastman Fibers Singapore Pte. Ltd., Eastman Foundation, Eastman Global Holdings Inc., Eastman International Holdings LLC, Eastman International Management Company, Eastman Italia S.r.l., Eastman Kimya Sanayi ve Ticaret Limited Sirketi, Eastman LAR Distribucion S. de R.L. de C.V., Eastman Mazzucchelli Hong Kong Limited, Eastman Mazzucchelli Plastics (Shenzhen) Company Limited, Eastman Servicios Corporativos S.A. de C.V., Eastman Spain L.L.C., Eastman Specialties Corporation, Eastman Specialties Holdings Corporation, Eastman Specialties OU, Eastman Specialties S.a.r.l., Eastman Specialties Wuhan Youji Chemical Co. Ltd, Eastman de Argentina SRL, Ecuataminco S.A., Flexsys America L.P., Flexsys America LLC, Flexsys Chemicals (M) Sdn Bhd, Flexsys K.K., Flexsys Rubber Chemicals Limited, Flexsys Verkauf GmbH, Flexsys Verkauf GmbH - France Branch, Flexsys Verwaltungs- und Beteiligungsgesellschaft mbH, Genovique Specialties Corporation, HDK Industries Inc., Holston Defense Corporation, Huper Optik (GP) L.L.C., Huper Optik International Pte. Ltd., Huper Optik U.S.A. L.P., Industriepark Nienburg GmbH, Kingsport Hotel L.L.C., Knowlton Technologies LLC, Monchem International LLC, Mustang Pipeline Company, Nanjing Yangzi Eastman Chemical Ltd, Novomatrix Inc., Novomatrix International Trading (Shanghai) Co. Ltd., Qilu Eastman Specialty Chemicals Ltd, S E Investment LLC, Sakra Hyco Pte. Ltd., Sakra Island Carbon Dioxide Pte Ltd, Scandiflex do Brasil Ltda., Solchem LLC, Solchem Netherlands C.V., Solutia (Thailand) Ltd., Solutia Brasil Ltda., Solutia Canada Inc., Solutia Chemicals France S.a.r.l., Solutia Chemicals India Private Limited, Solutia Chemicals India Private Limited - Branch, Solutia Deutschland GmbH, Solutia Europe BVBA - Portugal Representative Office, Solutia Europe BVBA - Russia Representative Office, Solutia Europe SPRL/BVBA, Solutia Greater China LLC, Solutia Hong Kong Limited, Solutia Inc., Solutia International Trading (Shanghai) Co. Ltd., Solutia Italia S.r.l., Solutia Japan Limited, Solutia Performance Products (Suzhou) Co. Ltd., Solutia Performance Products Solutions Ltd., Solutia Singapore Pte. Ltd., Solutia Solar GmbH, Solutia Therminol Co. Ltd. Suzhou, Solutia Tlaxcala S.A. de C.V., Solutia UK Holdings Limited, Solutia UK Investments Limited, Solutia UK Limited, Solutia Venezuela S.R.L., Southwall Europe GmbH, Southwall Insulating Glass LLC, Southwall Technologies Inc., St. Gabriel CC Company LLC, Sterling Chemicals Inc, SunTek Australia Pty. Ltd., SunTek Films Canada Inc., SunTek UK Limited, TX Energy LLC, Taminco Argentina S.A., Taminco BVBA, Taminco BVBA - France Rep Office, Taminco BVBA - Hungarian Commercial Representative Office, Taminco BVBA - Oficina de Representacion en Espana, Taminco BVBA - The Philippines, Taminco Chile S.p.A, Taminco Choline Chloride (Shanghai) Co. Ltd., Taminco Corporation, Taminco Finland Oy, Taminco Germany GmbH, Taminco Global Chemical LLC, Taminco Group BVBA, Taminco Group Holdings S.a.r.l., Taminco Holding Netherlands B.V., Taminco Intermediate LLC, Taminco Italia S.r.l., Taminco Limitada, Taminco Mexico S. de R.L. de C.V., Taminco US LLC, Taminco Uruguay S.A., Taminco de Guatemala S.A., Taminco de Honduras S.A. de C.V., Taminco do Brasil Comercio e Industria de Aminas Ltda., Taminco do Brasil Produtos Quimicos Ltda., Te An Ling Tian (Nanjing) Fine Chemical Co. Ltd., TetraVitae Bioscience, V-Kool International Pte. Ltd., and Yixing Taminco Feed Additives Co. Ltd..

When was Eastman Chemical founded?

Eastman Chemical was founded in 1920.

What is Eastman Chemical's official website?

The official website for Eastman Chemical is www.eastman.com.

Where are Eastman Chemical's headquarters?

Eastman Chemical is headquartered at PO BOX 511 200 SOUTH WILCOX DRIVE, KINGSPORT TN, 37662.

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 (800) 327-8626, via email at [email protected], or via fax at 423-224-0502.