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

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$80.62 -1.01 (-1.24 %)
(As of 11/14/2018 08:26 AM ET)
Previous Close$81.63
Today's Range$80.47 - $82.57
52-Week Range$73.95 - $112.45
Volume1.02 million shs
Average Volume1.48 million shs
Market Capitalization$11.43 billion
P/E Ratio10.59
Dividend Yield2.74%
Beta1.26
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

Stock Exchange NYSE
Industry Plastics materials & resins
Sub-IndustryDiversified Chemicals
SectorBasic Materials
Current SymbolNYSE:EMN
Previous Symbol
CUSIP27743210
Phone423-229-2000

Debt

Debt-to-Equity Ratio0.98
Current Ratio1.69
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio10.59
Forward P/E Ratio9.56
P/E Growth1.11

Sales & Book Value

Annual Sales$9.55 billion
Price / Sales1.18
Cash Flow$11.6671 per share
Price / Cash6.91
Book Value$42.81 per share
Price / Book1.88

Profitability

EPS (Most Recent Fiscal Year)$7.61
Net Income$1.38 billion
Net Margins16.05%
Return on Equity21.18%
Return on Assets7.45%

Miscellaneous

Employees14,000
Outstanding Shares140,040,000
Market Cap$11.43 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 Thursday, August 2nd. Investors of record on Friday, September 14th will be paid a dividend of $0.56 per share on Friday, October 5th. This represents a $2.24 annualized dividend and a yield of 2.78%. The ex-dividend date is Thursday, September 13th. View Eastman Chemical's Dividend History.

How were Eastman Chemical's earnings last quarter?

Eastman Chemical (NYSE:EMN) posted its earnings results on Thursday, October, 25th. The basic materials company reported $2.34 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.29 by $0.05. The basic materials company earned $2.55 billion during the quarter, compared to analysts' expectations of $2.53 billion. Eastman Chemical had a return on equity of 21.18% and a net margin of 16.05%. 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, February 7th 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 FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $8.37-8.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.53.

What price target have analysts set for EMN?

12 brokerages have issued 1 year target prices for Eastman Chemical's stock. Their forecasts range from $79.00 to $115.00. On average, they expect Eastman Chemical's share price to reach $97.8889 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price. View Analyst Price Targets for Eastman Chemical.

What is the consensus analysts' recommendation for Eastman Chemical?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastman Chemical in the last year. There are currently 7 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 stories about EMN stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing 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 closest to five being the most favorable. Eastman Chemical earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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 52)
  • Mr. Curtis E. Espeland, Exec. VP & CFO (Age 53)
  • Mr. Stephen Glenn Crawford, CTO & Sr. VP (Age 53)
  • Mr. Brad A. Lich, Exec. VP & Chief Commercial Officer (Age 50)
  • Mr. Lucian Boldea Ph.D., Sr. VP of Additives & Functional Products (Age 46)

Who are Eastman Chemical's major shareholders?

Eastman Chemical's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.61%), JPMorgan Chase & Co. (4.31%), LSV Asset Management (3.93%), OppenheimerFunds Inc. (1.69%), Dimensional Fund Advisors LP (1.65%) and Victory Capital Management Inc. (1.58%). 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 institutional investors are selling Eastman Chemical stock?

EMN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, OppenheimerFunds Inc., Highbridge Capital Management LLC, JPMorgan Chase & Co., Mitsubishi UFJ Trust & Banking Corp, First Quadrant L P CA and Motley Fool Wealth 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, Scott V King and Stephen R Demeritt. 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 Massachusetts Financial Services Co. MA, LSV Asset Management, Canada Pension Plan Investment Board, Janus Henderson Group PLC, Renaissance Technologies LLC, Victory Capital Management Inc., Russell Investments Group Ltd. and Dimensional Fund Advisors LP. 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 $80.62.

How big of a company is Eastman Chemical?

Eastman Chemical has a market capitalization of $11.43 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:  2.7 out of 5 (star star)
Outperform Votes:  532 (Vote Outperform)
Underperform Votes:  470 (Vote Underperform)
Total Votes:  1,002
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 11/14/2018 by MarketBeat.com Staff

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