Eastman Chemical Company (EMN)

NYSE: EMN · IEX Real-Time Price · USD
96.02
+0.05 (0.05%)
Apr 18, 2024, 4:00 PM EDT - Market closed
0.05%
Market Cap 11.27B
Revenue (ttm) 9.21B
Net Income (ttm) 894.00M
Shares Out 117.34M
EPS (ttm) 7.49
PE Ratio 12.82
Forward PE 12.43
Dividend $3.24 (3.37%)
Ex-Dividend Date Mar 14, 2024
Volume 652,331
Open 96.71
Previous Close 95.97
Day's Range 95.27 - 96.71
52-Week Range 68.89 - 102.71
Beta 1.56
Analysts Buy
Price Target 95.65 (-0.39%)
Earnings Date Apr 25, 2024

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, EMN'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 17 analysts, the average rating for EMN stock is "Buy." The 12-month stock price forecast is $95.65, which is a decrease of -0.39% from the latest price.

Price Target
$95.65
(-0.39% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

7 days 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.

14 days 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...

24 days ago - PRNewsWire

3 Dividend Stocks for March 2024

The dividend prospects for three firms with economic moats.

Other symbols: KOTXN
5 weeks ago - Morningstar

Eastman partners with mechanical recycler Dentis Group/Nord Pal Plast to unlock new feedstock for its planned facility in France

KINGSPORT, Tenn. , Feb. 14, 2024 /PRNewswire/ -- Eastman (NYSE: EMN) today announced a long-term agreement with Nord Pal Plast SA part of Dentis Group, a leading Italian multinational company speciali...

2 months ago - PRNewsWire

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.

2 months ago - Business Wire

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: SONTROX
2 months ago - Benzinga

Eastman Announces Fourth-Quarter and Full-Year 2023 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2023 financial results.

2 months ago - Business Wire

Eastman Schedules Fourth-Quarter and Full-Year 2023 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

--(BUSINESS WIRE)--Eastman has scheduled its fourth-quarter and full-year 2023 financial results news release and SEC Form 8-K filing, teleconference and webcast.

3 months ago - Business Wire

Eastman Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman (NYSE: EMN) has received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index.

4 months ago - Business Wire

Eastman Completes Sale of Texas City Operations

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced that it has completed the previously reported sale of its Texas City Operations to INEOS Acetyls.

4 months ago - Business Wire

Eastman CEO Mark Costa to address Citi Basic Materials Conference

--(BUSINESS WIRE)--Eastman Board Chair and CEO Mark Costa will address the Citi Basic Materials Conference on November 28, 2023, at 11:00 a.m. ET.

5 months ago - Business Wire

Eastman Announces Third-Quarter 2023 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2023 financial results.

6 months ago - Business Wire

Eastman Named to 100 Best Corporate Citizens of 2023

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman (NYSE: EMN) today announced it has been recognized as part of 3BL's Top 100 Corporate Citizens listing for 2023.

6 months ago - Business Wire

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Eastman Chemical (NYSE:EMN), Dow (NYSE:DOW)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: DOWSMG
6 months ago - Benzinga

Eastman Schedules Third-Quarter 2023 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 2023 financial results news release and SEC Form 8-K filing, teleconference and webcast.

7 months ago - Business Wire

Eastman Named to Fortune's Change the World List

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman (NYSE: EMN) today announced it has been recognized as part of Fortune's Change the World list highlighting the companies that embrace corporate purpose and r...

7 months ago - Business Wire

Eastman Announces Second-Quarter 2023 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2023 financial results.

9 months ago - Business Wire

Eastman Schedules Second-Quarter 2023 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

--(BUSINESS WIRE)--Eastman has scheduled its second-quarter 2023 financial results news release and SEC Form 8-K filing, teleconference and webcast.

10 months ago - Business Wire

Eastman Named to Forbes' Net Zero Leaders List

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman (NYSE: EMN) announced it has been recognized as part of Forbes' first-ever Net Zero Leaders list.

10 months ago - Business Wire

Eastman Secures Significant Feedstock Agreements for Molecular Recycling Facility in France

KINGSPORT, Tenn. , May 11, 2023 /PRNewswire/ -- Eastman (NYSE: EMN) today announced it has secured a significant amount of feedstock needed for its planned molecular recycling facility in Port Jerome ...

1 year ago - PRNewsWire

Eastman Announces 2023 Annual Meeting Stockholder Vote Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its 2023 Annual Meeting stockholder vote results.

1 year ago - Business Wire

Eastman Announces First-Quarter 2023 Financial Results

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2023 financial results.

1 year ago - Business Wire

Eastman Schedules First-Quarter 2023 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 2023 financial results news release and SEC Form 8-K filing, teleconference and webcast.

1 year ago - Business Wire

Eastman Board Elects New Director

KINGSPORT, Tenn.--(BUSINESS WIRE)--The Board of Directors of Eastman Chemical Company (NYSE:EMN) on February 3, 2023 elected Ms. Linnie M. Haynesworth as a director. Haynesworth was most recently th...

1 year ago - Business Wire