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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Plastics materials & resins
Sub-IndustryDiversified Chemicals
SectorBasic Materials
SymbolNYSE:EMN
CUSIP27743210
Phone423-229-2000
Debt
Debt-to-Equity Ratio1.04
Current Ratio1.69
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio12.90
Forward P/E Ratio11.45
P/E Growth1.29
Sales & Book Value
Annual Sales$9.55 billion
Price / Sales1.45
Cash Flow$11.6142 per share
Price / Cash8.45
Book Value$38.13 per share
Price / Book2.57
Profitability
EPS (Most Recent Fiscal Year)$7.61
Net Income$1.38 billion
Net Margins15.30%
Return on Equity21.79%
Return on Assets7.41%
Miscellaneous
Employees14,000
Outstanding Shares141,280,000
Market Cap$14.11 billion
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. Shareholders 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 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Thursday, September 13th. 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, July, 26th. The basic materials company reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.02. The basic materials company earned $2.62 billion during the quarter, compared to analyst estimates of $2.59 billion. Eastman Chemical had a net margin of 15.30% and a return on equity of 21.79%. Eastman Chemical's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.98 earnings per share. View Eastman Chemical's Earnings History.
When is Eastman Chemical's next earnings date?
What price target have analysts set for EMN?
16 brokers have issued 1-year target prices for Eastman Chemical's shares. Their forecasts range from $91.00 to $122.00. On average, they expect Eastman Chemical's stock price to reach $104.9333 in the next year. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Eastman Chemical.
What is the consensus analysts' recommendation for Eastman Chemical?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastman Chemical in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eastman Chemical.
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)
Has Eastman Chemical been receiving favorable news coverage?
News articles about EMN stock have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eastman Chemical earned a news and rumor sentiment score of -0.11 on Accern's scale. They also assigned press coverage about the basic materials company an impact score of 47.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Eastman Chemical.
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. (8.07%), LSV Asset Management (3.53%), OppenheimerFunds Inc. (1.97%), Dimensional Fund Advisors LP (1.59%), Victory Capital Management Inc. (1.46%) and FMR LLC (1.19%). 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 FMR LLC, BlackRock Inc., Wedge Capital Management L L P NC, Epoch Investment Partners Inc., TD Asset Management Inc., First Trust Advisors LP, Waddell & Reed Financial Inc. and Quest 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, Perry Stuckey, Renee J Hornbaker, 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 Morgan Stanley, Bank of Montreal Can, Janus Henderson Group PLC, LSV Asset Management, First Quadrant L P CA, Gateway Investment Advisers LLC, Worldquant Millennium Quantitative Strategies LLC and Chevy Chase Trust Holdings 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 $98.14.
How big of a company is Eastman Chemical?
Eastman Chemical has a market capitalization of $14.11 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.
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.
