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

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$81.20 +2.08 (+2.63 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$79.12
Today's Range$79.38 - $81.83
52-Week Range$67.40 - $112.45
Volume1.80 million shs
Average Volume1.32 million shs
Market Capitalization$10.75 billion
P/E Ratio10.67
Dividend Yield3.23%
Beta1.17
Eastman Chemical Company manufactures and sells materials, specialty additives, chemicals, and fibers in the United States and internationally. The company's Additives & Functional Products segment offers specialty coalescents, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; insoluble sulfur and antidegradant rubber additives; performance resins and amine derivative-based building blocks; heat transfer and aviation fluids; formic acid-based solutions; and metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. Its products are used in transportation, consumables, building and construction, industrial applications, animal nutrition, care chemicals, crop protection, and energy markets. Its Advanced Materials segment provides copolyesters, cellulose esters, polyvinyl butyral (PVB) sheets, specialty (PVB) intermediates, and window film and protective film, and aftermarket applied film products for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The company's Chemical Intermediates segment offers Olefin derivatives, acetyl derivatives, ethylene, and commodity solvents; primary non-phthalate and phthala plasticizers, and a range of niche non- phthalate plasticizers; and methylamines and salts higher amines and solvents. Its Fibers segment manufactures and sells cellulose acetate tow for use in filtration media primarily cigarette filters; triacetin, cellulose acetate flake, and acetyl raw materials for other acetate fiber producers; and natural, acetate, and polyester yarn, as well as solution-dyed acetate yarn for use in apparel, home furnishings, and industrial fabrics. The company also offers aviation turbine engine oil; wet-laid nonwovens; and specialty films. 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$9.55 billion
Cash Flow$12.4923 per share
Book Value$38.13 per share

Profitability

Net Income$1.38 billion

Miscellaneous

Employees14,000
Market Cap$10.75 billion
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 declared a quarterly dividend on Friday, December 7th. Shareholders of record on Monday, December 17th will be given a dividend of $0.62 per share on Friday, January 4th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Friday, December 14th. This is a positive change from Eastman Chemical's previous quarterly dividend of $0.56. View Eastman Chemical's Dividend History.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) announced its quarterly earnings results on Thursday, October, 25th. The basic materials company reported $2.34 EPS for the quarter, topping the consensus estimate of $2.29 by $0.05. The basic materials company had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.53 billion. Eastman Chemical had a net margin of 16.05% and a return on equity of 21.18%. 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, January 31st 2019. View Earnings Estimates for Eastman Chemical.

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

Eastman Chemical will be holding an earnings conference call on Friday, February 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 3237942423.

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

Eastman Chemical issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $8.37-8.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.53.

What price target have analysts set for EMN?

13 brokers have issued 1 year price targets for Eastman Chemical's shares. Their predictions range from $79.00 to $115.00. On average, they anticipate Eastman Chemical's stock price to reach $95.9091 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View Analyst Price Targets for Eastman Chemical.

What is the consensus analysts' recommendation for Eastman Chemical?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastman Chemical in the last year. There are currently 5 hold ratings and 8 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?

Media coverage about EMN stock has trended positive on Friday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eastman Chemical earned a coverage optimism score of 2.8 on InfoTrie's scale. They also assigned media 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 next several days.

Who are some of Eastman Chemical's key competitors?

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. Stephen Glenn Crawford, CTO & Sr. VP (Age 54)
  • Mr. Brad A. Lich, Exec. VP & Chief Commercial Officer (Age 51)
  • Mr. Lucian Boldea Ph.D., Sr. VP of Additives & Functional Products (Age 47)

Who are Eastman Chemical's major shareholders?

Eastman Chemical's stock is owned by many different of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.20%), Personal Capital Advisors Corp (0.18%), Gateway Investment Advisers LLC (0.16%), Campbell Newman Asset Management Inc. (0.07%), Nisa Investment Advisors LLC (0.06%) and State of Alaska Department of Revenue (0.04%). 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, Michael Hk Chung, Perry Stuckey, Renee J Hornbaker, Robert M Hernandez, Scott V King, Stephen Glenn Crawford 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 Dalton Greiner Hartman Maher & Co., Campbell Newman Asset Management Inc., Meeder Asset Management Inc., First Citizens Bank & Trust Co., Nisa Investment Advisors LLC, Oakbrook Investments LLC, Personal Capital Advisors Corp and Denali Advisors LLC. Company insiders that have sold Eastman Chemical company stock in the last year include Brad A Lich, Curtis E Espeland, Damon Cary Warmack, David A Golden, David W Raisbeck, Gary E Anderson, Lucian Boldea, Mark J Costa, Mark K Cox, Scott V King and Stephen R Demeritt. 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 Hotaling Investment Management LLC, Gateway Investment Advisers LLC, Nippon Life Global Investors Americas Inc., Advisors Capital Management LLC, Retirement Systems of Alabama, DNB Asset Management AS, Cerebellum GP LLC and Steward Partners Investment Advisory LLC. 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 $81.20.

How big of a company is Eastman Chemical?

Eastman Chemical has a market capitalization of $10.75 billion and generates $9.55 billion in revenue each year. The basic materials company earns $1.38 billion in net income (profit) each year or $7.61 on an earnings per share basis. Eastman Chemical employs 14,000 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:  540 (Vote Outperform)
Underperform Votes:  482 (Vote Underperform)
Total Votes:  1,022
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 1/18/2019 by MarketBeat.com Staff

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