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

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$83.69 -0.91 (-1.08 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$84.60
Today's Range$83.34 - $85.12
52-Week Range$67.40 - $112.45
Volume808,442 shs
Average Volume1.28 million shs
Market Capitalization$11.72 billion
P/E Ratio10.21
Dividend Yield2.93%
Beta1.2
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$10.15 billion
Cash Flow$12.8162 per share
Book Value$38.13 per share

Profitability

Net Income$1.08 billion

Miscellaneous

Employees14,000
Market Cap$11.72 billion
Next Earnings Date4/25/2019 (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 announced a quarterly dividend on Friday, February 15th. Shareholders of record on Friday, March 15th will be given a dividend of $0.62 per share on Friday, April 5th. This represents a $2.48 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Thursday, March 14th. View Eastman Chemical's Dividend History.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) posted its quarterly earnings data on Thursday, January, 31st. The basic materials company reported $1.39 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.60 by $0.21. The basic materials company had revenue of $2.38 billion for the quarter, compared to analyst estimates of $2.42 billion. Eastman Chemical had a return on equity of 20.22% and a net margin of 10.64%. 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, April 25th 2019. View Earnings Estimates for Eastman Chemical.

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

Eastman Chemical issued an update on its FY19 earnings guidance on Thursday, January, 31st. The company provided EPS guidance of $8.69-9.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.01.

What price target have analysts set for EMN?

11 Wall Street analysts have issued 12-month target prices for Eastman Chemical's stock. Their forecasts range from $79.00 to $110.00. On average, they anticipate Eastman Chemical's share price to reach $91.1111 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets for Eastman Chemical.

What is the consensus analysts' recommendation for Eastman Chemical?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastman Chemical in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Eastman Chemical.

Has Eastman Chemical been receiving favorable news coverage?

News coverage about EMN stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eastman Chemical earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

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), QUALCOMM (QCOM), JPMorgan Chase & Co. (JPM), AT&T (T), Gilead Sciences (GILD), CVS Health (CVS), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Visa (V) and Verizon Communications (VZ).

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., Exec. VP of Chemical Intermediates, 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 shareholders include BlackRock Inc. (7.49%), LSV Asset Management (3.97%), Oregon Public Employees Retirement Fund (2.37%), Victory Capital Management Inc. (2.33%), Dimensional Fund Advisors LP (1.67%) and Geode Capital Management LLC (1.60%). 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, Scott V King, Stephen Glenn Crawford 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 Bank of America Corp DE, Zurcher Kantonalbank Zurich Cantonalbank, Principal Financial Group Inc., Nuveen Asset Management LLC, BlackRock Inc., Dalton Greiner Hartman Maher & Co., Huntington National Bank and Chiron Investment Management 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 and Scott V King. View Insider Buying and Selling for Eastman Chemical.

Which institutional investors are buying Eastman Chemical stock?

EMN stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Victory Capital Management Inc., Two Sigma Investments LP, Brandywine Global Investment Management LLC, Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, Two Sigma Advisers LP and Letko Brosseau & Associates 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 $83.69.

How big of a company is Eastman Chemical?

Eastman Chemical has a market capitalization of $11.72 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 14,000 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:  541 (Vote Outperform)
Underperform Votes:  486 (Vote Underperform)
Total Votes:  1,027
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 2/21/2019 by MarketBeat.com Staff

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