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Eastman Chemical Stock Price, News & Analysis (NYSE:EMN)

$73.09
+0.37 (+0.51 %)
(As of 10/20/2019 10:16 AM ET)
Today's Range
$72.59
Now: $73.09
$73.29
50-Day Range
$63.98
MA: $71.04
$75.73
52-Week Range
$61.22
Now: $73.09
$86.18
Volume778,311 shs
Average Volume914,812 shs
Market Capitalization$10.01 billion
P/E Ratio8.91
Dividend Yield3.41%
Beta1.39
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. Read More…

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$12.78 per share
Book Value$42.05 per share

Profitability

Net Income$1.08 billion

Miscellaneous

Employees14,500
Market Cap$10.01 billion
Next Earnings Date10/24/2019 (Confirmed)
OptionableOptionable

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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 Thursday, August 1st. Stockholders of record on Monday, September 16th will be paid a dividend of $0.62 per share on Friday, October 4th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.39%. 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) announced its quarterly earnings results on Thursday, July, 25th. The basic materials company reported $1.99 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.09 by $0.10. The basic materials company earned $2.36 billion during the quarter, compared to analysts' expectations of $2.55 billion. Eastman Chemical had a return on equity of 17.76% and a net margin of 9.45%. The company's revenue was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.22 EPS. 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, October 24th 2019. View Earnings Estimates for Eastman Chemical.

How can I listen to Eastman Chemical's earnings call?

Eastman Chemical will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 guidance of $7.50-8.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.40.

What price target have analysts set for EMN?

15 Wall Street analysts have issued twelve-month price targets for Eastman Chemical's stock. Their forecasts range from $75.00 to $95.00. On average, they anticipate Eastman Chemical's stock price to reach $84.79 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for Eastman Chemical.

What is the consensus analysts' recommendation for Eastman Chemical?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastman Chemical in the last year. There are currently 6 hold ratings and 9 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 articles about EMN stock have been trending somewhat positive on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of press 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 negative five to positive five, with scores closest to five being the most favorable. Eastman Chemical earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect 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 increase in short interest in September. As of September 30th, there was short interest totalling 1,880,000 shares, an increase of 12.6% from the August 30th total of 1,670,000 shares. Based on an average trading volume of 1,080,000 shares, the short-interest ratio is presently 1.7 days. Currently, 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eastman Chemical investors own include Intel (INTC), AT&T (T), QUALCOMM (QCOM), AbbVie (ABBV), Johnson & Johnson (JNJ), Verizon Communications (VZ), Mcdonald's (MCD), Gilead Sciences (GILD), JPMorgan Chase & Co. (JPM) and Procter & Gamble (PG).

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 retail and institutional investors. Top institutional shareholders include PGGM Investments (0.25%), Hexavest Inc. (0.25%), Gateway Investment Advisers LLC (0.19%), Envestnet Asset Management Inc. (0.09%), Zurcher Kantonalbank Zurich Cantonalbank (0.08%) and Dalton Greiner Hartman Maher & Co. (0.06%). 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, Stephen R Demeritt and Votava Jan. 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 PGGM Investments, Assenagon Asset Management S.A., Brookstone Capital Management, Envestnet Asset Management Inc., Denali Advisors LLC, First Citizens Bank & Trust Co., Gateway Investment Advisers LLC and NEXT Financial Group Inc. View Insider Buying and Selling for Eastman Chemical.

Which institutional investors are buying Eastman Chemical stock?

EMN stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Meeder Asset Management Inc., CX Institutional, State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Commerzbank Aktiengesellschaft FI, Cerebellum GP LLC and DNB Asset Management AS. Company insiders that have bought Eastman Chemical stock in the last two years include David W Raisbeck and Votava Jan. 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 $73.09.

How big of a company is Eastman Chemical?

Eastman Chemical has a market capitalization of $10.01 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?

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:  581 (Vote Outperform)
Underperform Votes:  540 (Vote Underperform)
Total Votes:  1,121
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 10/20/2019 by MarketBeat.com Staff

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