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

$65.49
+1.24 (+1.93 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$63.43
Now: $65.49
$65.81
50-Day Range
$63.67
MA: $74.55
$81.56
52-Week Range
$63.43
Now: $65.49
$100.52
Volume967,400 shs
Average Volume1.25 million shs
Market Capitalization$8.97 billion
P/E Ratio7.99
Dividend Yield3.86%
Beta1.33
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. Read More…

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$12.9427 per share
Book Value$43.40 per share

Profitability

Net Income$1.08 billion

Miscellaneous

Employees14,500
Market Cap$8.97 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 Thursday, August 1st. Investors of record on Monday, September 16th will be given a dividend of $0.62 per share on Friday, October 4th. This represents a $2.48 annualized dividend and a dividend yield of 3.79%. The ex-dividend date is Friday, September 13th. View Eastman Chemical's Dividend History.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) issued its earnings results on Thursday, July, 25th. The basic materials company reported $1.99 earnings per share for the quarter, missing the consensus estimate of $2.09 by $0.10. The basic materials company had revenue of $2.36 billion for the quarter, compared to analysts' expectations of $2.55 billion. Eastman Chemical had a net margin of 9.45% and a return on equity of 17.76%. Eastman Chemical's revenue for the quarter was down 9.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.22 EPS. 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, October 24th 2019. View Earnings Estimates for Eastman Chemical.

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

Eastman Chemical updated its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $7.50-8.00 for the period, compared to the Thomson Reuters consensus estimate of $8.40.

What price target have analysts set for EMN?

13 Wall Street analysts have issued 12 month price targets for Eastman Chemical's shares. Their predictions range from $77.00 to $98.00. On average, they anticipate Eastman Chemical's share price to reach $85.50 in the next year. This suggests a possible upside of 30.6% 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 6 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?

Headlines about EMN stock have trended negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Eastman Chemical earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Eastman Chemical.

Are investors shorting Eastman Chemical?

Eastman Chemical saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 2,046,900 shares, a decrease of 11.8% from the June 30th total of 2,320,800 shares. Based on an average daily trading volume, of 1,110,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the company's stock are sold short. View Eastman Chemical's Current Options Chain.

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), AT&T (T), QUALCOMM (qcom), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), AbbVie (ABBV), Mcdonald's (MCD), Cisco Systems (CSCO) and Gilead Sciences (GILD).

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 a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.82%), BlackRock Inc. (7.15%), JPMorgan Chase & Co. (5.31%), LSV Asset Management (4.05%), Victory Capital Management Inc. (3.27%) and Invesco Ltd. (2.40%). 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, 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 institutional investors are selling Eastman Chemical stock?

EMN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., APG Asset Management N.V., DekaBank Deutsche Girozentrale, Bluestein R H & Co., Retirement Systems of Alabama, AQR Capital Management LLC, Teacher Retirement System of Texas and Allianz Asset Management GmbH. View Insider Buying and Selling for Eastman Chemical.

Which institutional investors are buying Eastman Chemical stock?

EMN stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Victory Capital Management Inc., JPMorgan Chase & Co., Nuveen Asset Management LLC, Clark Capital Management Group Inc., UBS Group AG, Russell Investments Group Ltd. and Panagora Asset Management 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 $65.49.

How big of a company is Eastman Chemical?

Eastman Chemical has a market capitalization of $8.97 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.View Additional Information About Eastman Chemical.

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:  568 (Vote Outperform)
Underperform Votes:  527 (Vote Underperform)
Total Votes:  1,095
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 8/18/2019 by MarketBeat.com Staff

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