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.
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Industry, Sector and Symbol
Industry Plastics materials & resins
Sub-IndustryDiversified Chemicals
SectorBasic Materials
Phone423-229-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10.15 billion
Profitability
Miscellaneous
Employees14,500
Next Earnings Date10/24/2019 (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 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 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend is Friday, September 13th. 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, July, 25th. The basic materials company reported $1.99 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.09 by $0.10. The basic materials company earned $2.36 billion during the quarter, compared to the consensus estimate of $2.55 billion. Eastman Chemical had a return on equity of 17.76% and a net margin of 9.45%. 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 business earned $2.22 earnings per share. View Eastman Chemical's Earnings History.
When is Eastman Chemical's next earnings date?
What guidance has Eastman Chemical issued on next quarter's earnings?
Eastman Chemical issued an update on 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 brokers have issued 12 month target prices for Eastman Chemical's stock. 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 18.2% 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?
News coverage about EMN stock has been trending somewhat negative on Monday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Eastman Chemical earned a news impact score of -1.3 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Eastman Chemical.
Are investors shorting Eastman Chemical?
Eastman Chemical saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,850,000 shares, a decrease of 9.6% from the July 31st total of 2,046,900 shares. Based on an average daily trading volume, of 1,110,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.4% of the shares of the company 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?
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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.82%), BlackRock Inc. (7.15%), BlackRock Inc. (7.15%), JPMorgan Chase & Co. (5.31%), LSV Asset Management (4.05%) and Victory Capital Management Inc. (3.27%). 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, 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 BlackRock Inc., BlackRock Inc., APG Asset Management N.V., DekaBank Deutsche Girozentrale, Bluestein R H & Co., Retirement Systems of Alabama, AQR Capital Management LLC and Teacher Retirement System of Texas. 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 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, Robinhood, Fidelity and Charles Schwab.
What is Eastman Chemical's stock price today?
One share of EMN stock can currently be purchased for approximately $72.33.
How big of a company is Eastman Chemical?
Eastman Chemical has a market capitalization of $9.91 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?
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)
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.
