Eastman Chemical Company (EMN)
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]
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 StatementsAnalyst 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.
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 ...
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.
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.
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...
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...
Eastman Announces Third-Quarter 2024 Financial Results
KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2024 financial results.
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.
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.
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.
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.
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...
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.
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.
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...
Eastman Announces Second-Quarter 2024 Financial Results
KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2024 financial results.
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...
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...
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.
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.
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...
Eastman Announces First-Quarter 2024 Financial Results
KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2024 financial results.
Eastman Chemical: Cyclical But Resilient
Eastman Chemical has a well-diversified product portfolio, reducing concentration risk and spreading risk across economic cycles.
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.
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.
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...