EMN - Eastman Chemical Company

NYSE - NYSE Delayed Price. Currency in USD

68.08

-0.37 (-0.54%)

At close: 4:00PM EDT

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Performance Outlook

Short Term
2W - 6W
Mid Term
6W - 9M
Long Term
9M+

Previous Close	68.45
Open	67.80
Bid	64.61 x 1300
Ask	71.59 x 800
Day's Range	67.15 - 68.63
52 Week Range	34.44 - 83.99
Volume	2,490,123
Avg. Volume	1,659,480

Market Cap	9.252B
Beta (5Y Monthly)	1.62
PE Ratio (TTM)	11.59
EPS (TTM)	5.87
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

Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.

Fair Value

XX.XX

Overvalued

-11% Est. Return

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News

Press Releases

Zacks
Why Is Eastman Chemical (EMN) Up 12.5% Since Last Earnings Report?
Eastman Chemical (EMN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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Investopedia
Top Materials Stocks for June 2020
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.
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Zacks
Eastman Chemical Gains on Cost Actions Amid Weak Demand
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.
Zacks
Why You Should Hold Onto Eastman Chemical (EMN) Stock for Now
Eastman Chemical (EMN) benefits from cost control actions and innovation amid a difficult demand environment.
GlobeNewswire
Eastman Board Declares Dividend
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.
GlobeNewswire
Eastman Announces 2020 Annual Meeting Stockholder Vote Results
KINGSPORT, Tenn., May 07, 2020 -- At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders: reelected directors Humberto P. Alfonso, Brett D. Begemann, Mark.
GuruFocus.com
Tom Gayner Buys 5 Stocks in the 1st Quarter
Markel’s newest positions include ex-Berkshire holding American Airlines Continue reading...
Thomson Reuters StreetEvents
Edited Transcript of EMN earnings conference call or presentation 1-May-20 12:00pm GMT
Q1 2020 Eastman Chemical Co Earnings Call
Motley Fool
Eastman Chemical Co (EMN) Q1 2020 Earnings Call Transcript
EMN earnings call for the period ending March 31, 2020.
Zacks
Eastman Chemical (EMN) Q1 Earnings and Revenues Surpass Estimates
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?
GlobeNewswire
Eastman Announces First-Quarter 2020 Financial Results
KINGSPORT, Tenn., April 30, 2020 -- Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2020 financial results. (In millions, except per share.
Zacks
What's in the Cards for Eastman Chemical's (EMN) Q1 Earnings?
Weaker demand due to coronavirus might have affected Eastman Chemical's (EMN) sales volumes in the first quarter.
Zacks
Chemical Stock Earnings Due for Next Week: PPG, CE & More
Let's take a look at how these chemical companies are poised ahead of their earnings release.
Zacks
Earnings Preview: Eastman Chemical (EMN) Q1 Earnings Expected to Decline
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.
GlobeNewswire
Eastman outlines COVID-19 global response efforts
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.
GlobeNewswire
Eastman Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Stockholders
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.
Simply Wall St.
Why Dividend Hunters Love Eastman Chemical Company (NYSE:EMN)
Could Eastman Chemical Company (NYSE:EMN) be an attractive dividend share to own for the long haul? Investors are...
Moody's
Eastman Chemical Company -- Moody's downgrades Eastman's rating to Baa3; outlook stable
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."
GlobeNewswire
Eastman donates material to Purdue for protective lenses, face shields
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.
GlobeNewswire
Eastman Schedules First-Quarter 2020 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information
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.
GlobeNewswire
In response to COVID-19, Eastman rapidly produces material for needed face shields
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.
Zacks
Eastman Highlights Financial Position Amid Coronavirus Concern
Eastman Chemical (EMN) anticipates first-quarter 2020 earnings per share to rise from the prior-year period.
GlobeNewswire
Eastman Details Strong Free Cash Flow, Solid Balance Sheet and Significant Sources of Liquidity
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.
Simply Wall St.
A Sliding Share Price Has Us Looking At Eastman Chemical Company's (NYSE:EMN) P/E Ratio
Unfortunately for some shareholders, the Eastman Chemical (NYSE:EMN) share price has dived 48% in the last thirty...
Insider Monkey
Should You Buy Eastman Chemical Company (EMN)?
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 […]