Relative Strength Index (RSI)
|Bid||64.61 x 1300|
|Ask||71.59 x 800|
|Day's Range||67.15 - 68.63|
|52 Week Range||34.44 - 83.99|
|Beta (5Y Monthly)||1.62|
|PE Ratio (TTM)||11.59|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||2.64 (3.86%)|
|Ex-Dividend Date||Jun 12, 2020|
|1y Target Est||64.22|
Eastman Chemical (EMN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across many sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals. Materials stocks, as represented by the Materials Select Sector SPDR ETF (XLB), have underperformed the broader market, providing investors with a total return of 4.1% compared to the S&P 500's total return of 8.9% over the past 12 months. These market performance numbers and the statistics in the tables below are as of May 27.
Eastman Chemical's (EMN) aggressive cost management actions and its high-margin innovation products are expected to contribute to its earnings amid a soft demand environment.
KINGSPORT, Tenn., May 07, 2020 -- The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.66 per share on the company's.
KINGSPORT, Tenn., May 07, 2020 -- At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders: reelected directors Humberto P. Alfonso, Brett D. Begemann, Mark.
Eastman Chemical (EMN) delivered earnings and revenue surprises of 18.02% and 1.21%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
KINGSPORT, Tenn., April 30, 2020 -- Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2020 financial results. (In millions, except per share.
Eastman Chemical (EMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Eastman team members around the world are using innovation and their collaborative spirit to help support front line health care workers fighting the COVID-19 pandemic. Eastman, a producer of specialty materials normally found in a broad range of items people use every day, is providing materials to help make critical items needed for medical, health and hygiene products that are in short supply.
Due to the public health impact of COVID-19 and to support the health and well-being of its stockholders, employees, and their families, Eastman Chemical Company (EMN) today announced that it will hold its 2020 Annual Meeting of Stockholders (“Annual Meeting”) in a virtual meeting format only, via webcast, in place of a physical gathering. Stockholders at the close of business on March 16, 2020 are eligible to attend and vote (or have voted by proxy) their shares at the Annual Meeting. For additional information regarding how stockholders may attend, participate in, or vote at the Annual Meeting, please refer to Eastman’s supplemental proxy materials filed today with the U.S. Securities and Exchange Commission.
Moody's Investors Service ("Moody's") downgraded Eastman Chemical Company's (Eastman) senior unsecured rating to Baa3 from Baa2 and its rating for commercial paper to Prime-3 from Prime-2. "Additionally, despite additional modest debt reduction, we don't expect leverage to decline to under 3.0x until the end of 2021 at the earliest."
As part of the world’s collective effort to respond to the coronavirus pandemic, Eastman is donating materials to produce protective lenses and face shields for medical personnel. Eastman donated 600 square feet of material to Purdue University. More than 40 volunteer faculty and staff members are using the school’s laser cutting system to produce up to 3,000 lenses and 4,000 face shields.
KINGSPORT, Tenn., April 09, 2020 -- Financial Results Release: Thursday, April 30, 2020Approximately 4:30 p.m. Eastern TimeVia wire distribution and www.eastman.com,News.
As part of the world’s collective effort to respond to the coronavirus pandemic, Eastman recently partnered with the Tennessee Higher Education Commission (THEC) and Austin Peay State University to support the local production of 10,000 protective face shields for medical personnel in the state capital of Nashville. The partnership comes after THEC informed Eastman they had used and exhausted all the local supply of acetate sheet – the large, clear plastic shield that attaches to the headband – from local retailers. Together, the goal is to produce 10,000 face shields in two weeks using 3D printers at colleges and universities around the state.
Eastman Chemical Company (EMN) today detailed the company’s solid financial position, which provides a strong foundation during the current COVID-19 pandemic. The company highlighted the strength of Eastman's cash flow, balance sheet, and sources of liquidity. “We remain confident that Eastman is well positioned financially thanks to the resilience of our cash flow, our solid balance sheet, and our significant sources of liquidity,” said Board Chair and Chief Executive Officer Mark Costa.
Unfortunately for some shareholders, the Eastman Chemical (NYSE:EMN) share price has dived 48% in the last thirty...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]