Eastman Chemical Company (EMN)
Market Cap | 9.10B |
Revenue (ttm) | 9.82B |
Net Income (ttm) | 708.00M |
Shares Out | 118.56M |
EPS (ttm) | 5.94 |
PE Ratio | 12.92 |
Forward PE | 10.58 |
Dividend | $3.16 (4.12%) |
Ex-Dividend Date | Sep 14, 2023 |
Volume | 468,846 |
Open | 77.40 |
Previous Close | 76.89 |
Day's Range | 76.16 - 77.65 |
52-Week Range | 70.09 - 92.21 |
Beta | 1.52 |
Analysts | Buy |
Price Target | 93.25 (+21.55%) |
Earnings Date | Oct 26, 2023 |
About EMN
Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon 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 performa... [Read more]
Financial Performance
In 2022, EMN's revenue was $10.58 billion, an increase of 0.99% compared to the previous year's $10.48 billion. Earnings were $793.00 million, a decrease of -7.47%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for EMN stock is "Buy." The 12-month stock price forecast is $93.25, which is an increase of 21.55% from the latest price.
News

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...

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 $0.79 per share on the company's common stock.

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

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.

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.

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 ...

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.

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

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.

High-Growth, High-Yield Value Stocks Nearing Trigger Points
A screen looking for growth in high-yielding dividend stocks turned up 3 interesting names. These blue-chip stocks trade for less than 20X their earnings outlook, have at least a 5% expected earnings ...

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...

Eastman Announces Fourth-Quarter and Full-Year 2022 Financial Results
KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2022 financial results.

Eastman Schedules Fourth-Quarter and Full-Year 2022 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):

Eastman Increases Dividend for 13th Consecutive Year
KINGSPORT, Tenn.--(BUSINESS WIRE)--The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.79 per share on the company's common stock, a 4 percent...

Eastman Schedules Third-Quarter 2022 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 2022 financial results news release and SEC Form 8-K filing, teleconference and webcast.
3 Dividend Stocks for October 2022
#Morningstar #DividendInvesting #DividendStocks Here are the dividend prospects of three names that are popular with income investors. 0:00 Introduction 0:15 Duke Energy (DUK) 0:56 Citigroup (C) 1:47...

2 Deep Value Industrial Stocks Offering High Yields
Investors looking to take advantage of market volatility may want to look for stocks that are trading at significant discounts to their GF Value, a unique intrinsic value calculation from GuruFocus wh...

Interzero and Eastman Reach Long-Term Supply Agreement for Planned Molecular Recycling Facility in France
KINGSPORT, Tenn. , Sept. 22, 2022 /PRNewswire/ -- Interzero and Eastman (NYSE: EMN) today announced a long-term supply agreement for Eastman's previously announced molecular recycling facility in Norm...

Eastman Announces New Executive Leadership Appointment
KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced that Travis Smith has been named Senior Vice President, Additives & Functional Products (AFP).

Eastman to advance a circular future for healthcare packaging with key collaboration
Ethicon to source Eastman Renew materials in industry-leading move to help reduce plastic waste in healthcare KINGSPORT, Tenn. , Sept. 20, 2022 /PRNewswire/ -- Eastman (NYSE: EMN) has announced an agr...

Eastman Chemical stock drops after profit outlook slashed on demand slowdown, challenging logistics
Shares of Eastman Chemical Co. EMN, +1.30% slumped 3.0% in premarket trading Tuesday, after the specialty chemicals company cut its third-quarter earnings outlook, citing a slowdown in demand and chal...

Eastman Provides Update on Third-Quarter 2022 Financial Results
KINGSPORT, Tenn.--(BUSINESS WIRE)--Third-quarter 2022 adjusted earnings per share (EPS) are expected to be approximately $2.00.

Eastman CFO Willie McLain to address Credit Suisse Specialties & Basics Conference
--(BUSINESS WIRE)--Willie McLain, SVP and CFO, Eastman Chemical Company (NYSE:EMN), will address the Credit Suisse Specialties & Basics Conference on September 13, 2022.