Eastman Chemical/EMN

$100.38

0.3%
-
1D1W1MYTD1YMAX

About Eastman Chemical

Eastman Chemical Company is a global specialty materials company that produces a range of products found in items people use every day. Its segments include Advanced Materials (AM), Additives & Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets polymers, films, and plastics with differentiated performance properties for value-added end-uses in transportation; durables and electronics; building and construction; medical and pharma, and consumables end-markets. AFP segment manufactures materials for products in food, feed, and agriculture; transportation; water treatment and energy; personal care and wellness; building and construction; consumables, and durables and electronics end-markets. The CI segment sells intermediates for end-markets, such as industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment manufactures and sells acetate tow and triacetin plasticizers.

Ticker

EMN

Sector

Basic Materials

Trading on

NYSE

Industry

Chemical Manufacturing

CEO

Mark Costa

Employees

14,000

Headquarters

Kingsport, United States

Eastman Chemical Metrics

BasicAdvanced
$12B
Market cap
12.98
P/E ratio
$7.77
EPS
1.52
Beta
$3.20
Dividend rate
3.21%
Dividend yield
$12B
1.51778
$102.71
$68.89
1M
$3.20
1.39
0.714
78.368
91.73
40.97%
83.813
4.86%
6.24%
17.25%
7.73%
12.976
1.302
2.141
15.128
81.235
3.16%
3.17%
3.21%
-11.38%
38.38%
2.82%
28.83%
14.57%

What the Analysts think about Eastman Chemical

Analyst Ratings

Majority rating from 21 analysts.
Hold

Price Targets

Average projection from 19 analysts.
7.75% upside
High $125.00
Low $94.00
$100.38
Current price
$108.16
Average price target

Eastman Chemical Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.14% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$2.3B
4.67%
Net income
$165M
-46.77%
Profit margin
7.14%
-49.15%

Eastman Chemical Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 12.22%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.99
$1.47
$1.31
$1.61
-
Expected
$1.93
$1.44
$1.30
$1.43
$2.02
Surprise
2.88%
2.08%
1.06%
12.22%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Eastman Chemical stock?

Eastman Chemical (EMN) has a market cap of $12B as of May 18, 2024.

What is the P/E ratio for Eastman Chemical stock?

The price to earnings (P/E) ratio for Eastman Chemical (EMN) stock is 12.98 as of May 18, 2024.

Does Eastman Chemical stock pay dividends?

Yes, the Eastman Chemical (EMN) stock pays dividends to shareholders. As of May 18, 2024, the dividend rate is $3.2 and the yield is 3.21%. Eastman Chemical has a payout ratio of 40.97% on a trailing twelve-month basis.

When is the next Eastman Chemical dividend payment date?

The next Eastman Chemical (EMN) dividend payment is scheduled for July 09, 2024.

What is the beta indicator for Eastman Chemical?

Eastman Chemical (EMN) has a beta rating of 1.52. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Eastman Chemical stock price target?

The target price for Eastman Chemical (EMN) stock is $108.16, which is 7.75% above the current price of $100.38. This is an average based on projections from 19 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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