Eastman Chemical (EMN) Stock Price, News & Analysis

Company Overview

Eastman Chemical Company (NYSE: EMN) is a global specialty materials manufacturer with a legacy dating back to 1920, when it was founded by George Eastman as part of Eastman Kodak. Since its spin-off from Kodak in 1994, Eastman has evolved into a standalone chemicals business focused on innovation, sustainability and high-performance solutions. The company’s roots in the development of acetate film and related products laid the groundwork for a diversified portfolio spanning multiple industries and end markets.

Eastman’s product offerings are organized across several core segments, including Additives & Functional Products, Advanced Materials, Chemical Intermediates and Fibers. The Additives & Functional Products segment supplies specialty plasticizers, performance additives and coatings resins used in automotive, packaging and building materials. The Advanced Materials segment produces engineered plastics, copolyesters and specialty polymers that serve markets such as electronics, medical devices and consumer durables. Through its Chemical Intermediates and Fibers operations, Eastman provides essential building blocks for detergents, personal care products, textiles and industrial applications.

With manufacturing and research facilities in North America, Europe, Asia and Latin America, Eastman serves a broad global customer base. The company invests heavily in applied research and development, operating innovation centers that explore next-generation chemistries, circular economy technologies and sustainable manufacturing processes. Eastman’s commitment to environmental stewardship is reflected in its efforts to advance recycling and reuse initiatives for plastics and chemical intermediates.

Leadership at Eastman is spearheaded by President and Chief Executive Officer Mark D. Costa, who has guided the company’s strategic growth since 2013. Under his direction, Eastman has pursued a balanced approach to portfolio optimization, customer collaboration and shareholder value creation. The company’s governance structure and management team continue to focus on long-term innovation, operational excellence and responsible business practices.

Key Stats

• Today's Range: $79.25 to $80.25
• 50-Day Range: $74.25 to $82.75
• 52-Week Range: $70.90 to $114.50
• Volume: 798,044 shs
• Average Volume: 1.24 million shs
• Market Capitalization: $9.24 billion
• P/E Ratio: 10.19
• Dividend Yield: 4.15%
• Price Target: $98.54
• Consensus Rating: Moderate Buy

Eastman Chemical Stock Analysis - MarketRank™

Eastman Chemical scored higher than 98% of companies evaluated by MarketBeat, and ranked 4th out of 187 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Eastman Chemical has received a consensus rating of Moderate Buy. The company's average rating score is 2.62, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eastman Chemical has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.81%

Earnings Growth

Earnings for Eastman Chemical are expected to grow by 11.81% in the coming year, from $8.55 to $9.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Eastman Chemical is 10.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eastman Chemical is 10.19, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.94.

Price to Earnings Growth Ratio

Eastman Chemical has a PEG Ratio of 1.91. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Eastman Chemical has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.71% of the float of Eastman Chemical has been sold short.

Short Interest Ratio / Days to Cover

Eastman Chemical has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eastman Chemical has recently decreased by 9.06%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Eastman Chemical is a leading dividend payer. It pays a dividend yield of 4.17%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Eastman Chemical has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of Eastman Chemical is 42.24%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Eastman Chemical will have a dividend payout ratio of 34.73% next year. This indicates that Eastman Chemical will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -6.93

Percentage of Shares Shorted

2.71% of the float of Eastman Chemical has been sold short.

Short Interest Ratio / Days to Cover

Eastman Chemical has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eastman Chemical has recently decreased by 9.06%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.21

News Sentiment

Eastman Chemical has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Eastman Chemical this week, compared to 12 articles on an average week.

Search Interest

Only 7 people have searched for EMN on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Eastman Chemical to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Eastman Chemical insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.93% of the stock of Eastman Chemical is held by insiders.

Percentage Held by Institutions

83.65% of the stock of Eastman Chemical is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EMN Stock Analysis - Frequently Asked Questions

How have EMN shares performed this year?

Eastman Chemical's stock was trading at $91.32 at the start of the year. Since then, EMN shares have decreased by 12.3% and is now trading at $80.06.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical Company (NYSE:EMN) announced its quarterly earnings results on Thursday, April, 24th. The basic materials company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.02. The company's quarterly revenue was down .9% on a year-over-year basis.
Read the conference call transcript.

Does Eastman Chemical have any subsidiaries?

Eastman Chemical subsidiaries include these companies: 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?

Top institutional investors of Eastman Chemical include City Center Advisors LLC, Kera Capital Partners Inc. and Fiduciary Financial Group LLC. Insiders that own company stock include Mark J Costa, Stephen Glenn Crawford, Christopher Moore Killian, Julie A Mcalindon and Adrian James Holt.
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.

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 Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

• Record date for 4/7 Dividend: 3/14/2025
• Ex-Dividend for 4/7 Dividend: 3/14/2025
• Dividend Payable: 4/07/2025
• Last Earnings: 4/24/2025
• Record date for 7/8 Dividend: 6/13/2025
• Ex-Dividend for 7/8 Dividend: 6/13/2025
• Today: 7/06/2025
• Dividend Payable: 7/08/2025
• Next Earnings (Estimated): 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: CHEM - DIVERSIFD
• Sub-Industry: Diversified Chemicals
• Current Symbol: NYSE:EMN
• CIK: 915389
• Web: www.eastman.com
• Phone: (423) 229-2000
• Fax: 423-224-0502
• Employees: 14,000
• Year Founded: 1920

Price Target and Rating

• Average Stock Price Target: $98.54
• High Stock Price Target: $115.00
• Low Stock Price Target: $76.00
• Potential Upside/Downside: +23.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.62
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.86
• Trailing P/E Ratio: 10.19
• Forward P/E Ratio: 9.36
• P/E Growth: 1.91
• Net Income: $905 million
• Net Margins: 9.85%
• Pretax Margin: 11.93%
• Return on Equity: 16.59%
• Return on Assets: 6.40%

Debt

• Debt-to-Equity Ratio: 0.80
• Current Ratio: 1.72
• Quick Ratio: 0.79

Sales & Book Value

• Annual Sales: $9.38 billion
• Price / Sales: 0.99
• Cash Flow: $12.59 per share
• Price / Cash Flow: 6.36
• Book Value: $50.81 per share
• Price / Book: 1.58

Miscellaneous

• Outstanding Shares: 115,460,000
• Free Float: 113,232,000
• Market Cap: $9.24 billion
• Optionable: Optionable
• Beta: 1.22