Eastman Chemical Company (EMN)

NYSE: EMN · Real-Time Price · USD
91.76
+1.73 (1.92%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.92%
Market Cap 10.63B
Revenue (ttm) 9.34B
Net Income (ttm) 885.00M
Shares Out 115.86M
EPS (ttm) 7.47
PE Ratio 12.29
Forward PE 11.13
Dividend $3.26 (3.55%)
Ex-Dividend Date Dec 16, 2024
Volume 1,057,436
Open 89.33
Previous Close 90.03
Day's Range 88.88 - 92.17
52-Week Range 80.71 - 114.50
Beta 1.44
Analysts Buy
Price Target 113.92 (+24.15%)
Earnings Date Jan 30, 2025

About EMN

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company’s Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, ener... [Read more]

Sector Materials
IPO Date Oct 10, 1993
Employees 14,000
Stock Exchange NYSE
Ticker Symbol EMN
Full Company Profile

Financial Performance

In 2023, Eastman Chemical Company's revenue was $9.21 billion, a decrease of -12.95% compared to the previous year's $10.58 billion. Earnings were $894.00 million, an increase of 12.74%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for EMN stock is "Buy." The 12-month stock price forecast is $113.92, which is an increase of 24.15% from the latest price.

Price Target
$113.92
(24.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

14 Upcoming Dividend Increases

I focus on companies consistently increasing dividends and beating benchmarks, using data from the U.S. Dividend Champions spreadsheet and NASDAQ. The list includes companies with at least five years ...

8 days ago - Seeking Alpha

Eastman Increases Dividend for 15th Consecutive Year

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman's Board of Directors has declared an increase in the quarterly cash dividend from $0.81 to $0.83 per share on its common stock.

15 days ago - Business Wire

Eastman Highlights Circular Economy Growth and Innovation at Circular Economy Deep Dive Event

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) hosted investors and analysts at its headquarters in Kingsport, Tenn., for its 2024 Circular Economy Deep Dive.

4 weeks ago - Business Wire

Dividend Income: Lanny's October 2024 Summary

Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, s...

Other symbols: BHPCMHLNMDTMDUPMSBUX
4 weeks ago - Seeking Alpha

Eastman Chemical Company (EMN) Q3 2024 Earnings Call Transcript

Eastman Chemical Company (NYSE:EMN) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Greg Riddle - IR Mark Costa - Board Chair and CEO William McLain - EVP and CFO Co...

7 weeks ago - Seeking Alpha

Eastman Announces Third-Quarter 2024 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2024 financial results.

7 weeks ago - Business Wire

This Yum! Brands Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: YUMEMRENPHOMC
2 months ago - Benzinga

Eastman Schedules Third-Quarter 2024 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

--(BUSINESS WIRE)--Eastman has scheduled its third-quarter 2024 financial results news release and SEC Form 8-K filing, teleconference and webcast.

2 months ago - Business Wire

Eastman Chemical Company Announces Pricing of Tender Offer for 3.800% Notes Due 2025

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman announced the pricing of its tender offer for the Company's outstanding 3.800% Notes due 2025.

4 months ago - Business Wire

Eastman Chemical Company Announces Early Tender Results for 3.800% Notes Due 2025

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman announced early results for its cash tender offer to purchase up to $250,000,000 of the Company's outstanding 3.800% Notes due 2025.

4 months ago - Business Wire

Dividend Income: Lanny's July 2024 Summary

In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high l...

Other symbols: BNLBNSBRTCAHCMCSCOGAP
4 months ago - Seeking Alpha

Eastman Board Declares Dividend

KINGSPORT, Tenn.--(BUSINESS WIRE)--The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.81 per share on the company's common stock.

5 months ago - Business Wire

Eastman Chemical Company Announces Cash Tender Offer to Purchase Up to an Aggregate Principal Amount of $250 Million of its Outstanding 3.800% Notes due 2025

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman has commenced a cash tender offer to purchase up to an aggregate principal amount of $250 million of its outstanding 3.800% Notes due 2025.

5 months ago - Business Wire

Eastman Chemical Company (EMN) Q2 2024 Earnings Call Transcript

Eastman Chemical Company (NYSE:EMN) Q2 2024 Earnings Conference Call July 26, 2024 5:00 PM ET Company Participants Gregory Riddle - IR Mark Costa - Board Chair and CEO William McLain - EVP and CFO Co...

5 months ago - Seeking Alpha

Eastman Announces Second-Quarter 2024 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2024 financial results.

5 months ago - Business Wire

Eastman Chemical Running In Place (Rating Downgrade)

Eastman Chemical is a $11.1 billion market cap specialty chemicals company offering a 3.4% dividend. The company's new focus is on molecular (plastic) recycling. It has just opened a plant in Tennesse...

5 months ago - Seeking Alpha

Eastman Schedules Second-Quarter 2024 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN): Financial Results Release: Thursday, July 25, 2024 Approximately 4:15 p.m. Eastern Time Via wire distribution and www.eastman.com, News Center a...

6 months ago - Business Wire

Eastman Board Elects New Director

KINGSPORT, Tenn.--(BUSINESS WIRE)--The Board of Directors of Eastman Chemical Company (NYSE:EMN) has elected Mr. Donald Slager as a director.

7 months ago - Business Wire

Eastman Announces 2024 Annual Meeting Stockholder Vote Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its 2024 Annual Meeting stockholder vote results.

8 months ago - Business Wire

Eastman Chemical Company (EMN) Q1 2024 Earnings Call Transcript

Eastman Chemical Company (NYSE:EMN) Q1 2024 Earnings Conference Call April 26, 2024 8:00 AM ET Company Participants Greg Riddle - IR Mark Costa - Board Chair and CEO William McLain - EVP and CFO Conf...

8 months ago - Seeking Alpha

Eastman Announces First-Quarter 2024 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2024 financial results.

8 months ago - Business Wire

Eastman Chemical: Cyclical But Resilient

Eastman Chemical has a well-diversified product portfolio, reducing concentration risk and spreading risk across economic cycles.

8 months ago - Seeking Alpha

Eastman Honored as a 2024 VETS Indexes 4-Star Employer

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman is proud to announce that the company has earned the designation of VETS Indexes 4-Star Employer for 2024.

9 months ago - Business Wire

Eastman Schedules First-Quarter 2024 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

--(BUSINESS WIRE)--Eastman has scheduled its first-quarter 2024 financial results news release and SEC Form 8-K filing, teleconference and webcast.

9 months ago - Business Wire

Eastman selected by U.S. Department of Energy to Receive up to $375 million investment for its second U.S. molecular recycling project

Longview, Texas, named as the location of the facility KINGSPORT, Tenn. , March 25, 2024 /PRNewswire/ -- Eastman (NYSE: EMN) today announced significant progress towards its leadership in the circular...

9 months ago - PRNewsWire