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Eastman Chemical Company (EMN)

NYSE: EMN · IEX Real-Time Price · USD
102.20 0.38 (0.37%)
Sep 24, 2021 4:00 PM EDT - Market closed
Market Cap13.88B
Revenue (ttm)9.37B
Net Income (ttm)321.00M
Shares Out136.32M
EPS (ttm)2.34
PE Ratio43.71
Forward PE11.35
Dividend$2.73 (2.67%)
Ex-Dividend DateSep 14, 2021
Volume517,336
Open101.43
Previous Close101.82
Day's Range101.26 - 102.67
52-Week Range73.03 - 128.94
Beta1.52
AnalystsBuy
Price Target136.45 (+33.5%)
Est. Earnings DateOct 28, 2021

About EMN

Eastman Chemical Company operates as a specialty materials company worldwide. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. It serves...

IndustryChemicals
IPO DateOct 10, 1993
CEOMark Costa
Employees14,500
Stock ExchangeNYSE
Ticker SymbolEMN
Full Company Profile

Financial Performance

In 2020, EMN's revenue was $8.47 billion, a decrease of -8.63% compared to the previous year's $9.27 billion. Earnings were $478.00 million, a decrease of -37.02%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for EMN stock is "Buy." The 12-month stock price forecast is 136.45, which is an increase of 33.51% from the latest price.

Price Target
$136.45
(33.51% upside)
Analyst Consensus: Buy

News

Why You Should Retain Eastman Chemical (EMN) in Your Portfolio

While Eastman Chemical (EMN) faces headwinds from higher input and logistics costs, it benefits from productivity actions and innovation.

4 days ago - Zacks Investment Research

This is Why Eastman Chemical (EMN) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Eastman Chemical (EMN) have what it takes?

1 week ago - Zacks Investment Research

Eastman CFO Willie McLain to address the Credit Suisse Virtual Basic Materials Conference

KINGSPORT, Tenn.--(BUSINESS WIRE)--Willie McLain, SVP and CFO, Eastman (NYSE:EMN), will address the Credit Suisse Virtual Basic Materials Conference on Sept. 14, 2021.

2 weeks ago - Business Wire

Why Is Eastman Chemical (EMN) Up 1.2% Since Last Earnings Report?

Eastman Chemical (EMN) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

Why Eastman Chemical (EMN) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Eastman Chemical (EMN) have what it takes?

3 weeks ago - Zacks Investment Research

Eastman Chemical (EMN) Gains on Cost-Cut Actions & Innovation

Eastman Chemical (EMN) is benefiting from cost-cutting and productivity actions as well as its innovation-driven growth model.

3 weeks ago - Zacks Investment Research

Why Eastman Chemical (EMN) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Eastman Chemical (EMN) have what it takes?

1 month ago - Zacks Investment Research

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fid...

New York, New York--(Newsfile Corp. - August 13, 2021) -  Levi & Korsinsky announces it has commenced an investigation of Eastman Chemical Company (NYSE: EMN) concerning possible breaches of fiduciary d...

1 month ago - Newsfile Corp

Eastman CEO on the company's new recycling partnership with Procter & Gamble

Mark Costa, chairman and CEO of Eastman Chemical, joined CNBC's Jim Cramer on Tuesday to discuss the plastics provider's recycling initiatives.

Other symbols:PG
1 month ago - CNBC Television

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 $0.69 per share on the company's common stock.

1 month ago - Business Wire

Eastman Chemical (EMN) Q2 Earnings & Sales Surpass Estimates

Eastman's (EMN) second-quarter 2021 performance is driven by revenue growth across all segments, key end-market revivals and an innovation-led growth model.

1 month ago - Zacks Investment Research

Eastman Chemical (EMN) Q2 Earnings and Revenues Beat Estimates

Eastman Chemical (EMN) delivered earnings and revenue surprises of 6.03% and 10.60%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Recap: Eastman Chemical Q2 Earnings

Shares of Eastman Chemical (NYSE:EMN) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 189.41% over the past year to $2.46, which beat t...

1 month ago - Benzinga

Eastman Announces Second-Quarter 2021 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2021 financial results.

1 month ago - Business Wire

Eastman molecular recycling technologies to advance Procter & Gamble packaging goals

Innovative Eastman Renew materials reduce reliance on virgin plastic packaging KINGSPORT, Tenn. and CINCINNATI, Aug. 2, 2021 /PRNewswire/ -- Today Eastman (NYSE: EMN) announced that it has entered an ag...

Other symbols:PG
1 month ago - PRNewsWire

Why Eastman Chemical (EMN) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Eastman Chemical (EMN) have what it takes?

1 month ago - Zacks Investment Research

Is a Surprise Coming for Eastman Chemical (EMN) This Earnings Season?

Eastman Chemical (EMN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

3 Chemical Stocks Likely to Outshine Q2 Earnings Estimates

Strong end-market demand and benefits of self-help actions are likely to reflect on the Q2 performance of Westlake (WLK), DuPont (DD) and Eastman Chemical (EMN).

Other symbols:CEDDDOWWLK
1 month ago - Zacks Investment Research

Eastman Chemical (EMN) to Post Q2 Earnings: What's in Store?

Eastman Chemical's (EMN) Q2 performance is likely to have benefited from cost-management actions as well as higher demand across building & construction, automotive and consumer durables markets.

1 month ago - Zacks Investment Research

Eastman Chemical (EMN) Earnings Expected to Grow: Should You Buy?

Eastman Chemical (EMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Can Eastman Chemical (EMN) Keep the Earnings Surprise Streak Alive?

Eastman Chemical (EMN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

This 1 Basic Materials Stock Could Beat Earnings: Why It Should Be on Your Radar

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

2 months ago - Zacks Investment Research

Eastman (EMN), USAMP & Padnos Partner for Circular Auto Solutions

Eastman (EMN) collaborates with USAMP and auto recycler, Padnos, for a feasibility project to bring circularity in end-of-life automotive solutions and focus on climate and waste disposal aspects.

2 months ago - Zacks Investment Research

Eastman announces project with USAMP and PADNOS for fully circular recycling study in automotive market

New closed-loop technology will provide cost-effective solution to create new sustainable materials from automotive plastic waste KINGSPORT, Tenn., July 20, 2021 /PRNewswire/ -- Eastman (NYSE: EMN) toda...

2 months ago - PRNewsWire

REVISED: Start Time Changed for Eastman Second-Quarter 2021 Financial Results Teleconference and Webcast

--(BUSINESS WIRE)--The start time for Eastman's Second-Quarter 2021 Financial Results Teleconference and Webcast on Tuesday, Aug. 3, has been changed to 9:00 a.m. ET.

2 months ago - Business Wire