Zacks Research Issues Optimistic Outlook for EMN Earnings

Eastman Chemical (NYSE:EMN) – Stock analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for Eastman Chemical in a report issued on Wednesday, February 12th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings of $1.91 per share for the quarter, up from their prior forecast of $1.84. The consensus estimate for Eastman Chemical’s current full-year earnings is $8.47 per share. Zacks Research also issued estimates for Eastman Chemical’s Q1 2026 earnings at $2.14 EPS.

EMN has been the topic of several other reports. KeyCorp boosted their price target on Eastman Chemical from $121.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. StockNews.com upgraded Eastman Chemical from a “hold” rating to a “buy” rating in a research note on Saturday, January 18th. Bank of America upgraded Eastman Chemical from a “neutral” rating to a “buy” rating and lowered their price target for the company from $115.00 to $109.00 in a research note on Tuesday, January 14th. Royal Bank of Canada boosted their price target on Eastman Chemical from $101.00 to $103.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 4th. Finally, Mizuho boosted their price target on Eastman Chemical from $113.00 to $117.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $114.08.

Eastman Chemical Trading Up 2.4 %

Shares of EMN opened at $103.48 on Monday. Eastman Chemical has a 12-month low of $83.72 and a 12-month high of $114.50. The company has a quick ratio of 0.78, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $11.99 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 1.24 and a beta of 1.44. The stock’s 50-day moving average price is $94.27 and its 200 day moving average price is $100.12.

Eastman Chemical (NYSE:EMN) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.27. Eastman Chemical had a return on equity of 16.40% and a net margin of 9.65%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Capital Research Global Investors lifted its stake in shares of Eastman Chemical by 13.4% in the 4th quarter. Capital Research Global Investors now owns 5,886,564 shares of the basic materials company’s stock valued at $537,561,000 after purchasing an additional 697,388 shares during the period. Franklin Resources Inc. lifted its stake in shares of Eastman Chemical by 10.8% in the 4th quarter. Franklin Resources Inc. now owns 5,785,259 shares of the basic materials company’s stock valued at $528,310,000 after purchasing an additional 565,821 shares during the period. State Street Corp raised its stake in Eastman Chemical by 1.4% during the 3rd quarter. State Street Corp now owns 5,285,230 shares of the basic materials company’s stock worth $595,820,000 after buying an additional 70,692 shares during the period. Invesco Ltd. raised its stake in Eastman Chemical by 11.1% during the 4th quarter. Invesco Ltd. now owns 2,844,165 shares of the basic materials company’s stock worth $259,729,000 after buying an additional 284,271 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its stake in Eastman Chemical by 4.0% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,843,506 shares of the basic materials company’s stock worth $259,669,000 after buying an additional 109,316 shares during the period. Institutional investors and hedge funds own 83.65% of the company’s stock.

Insider Buying and Selling at Eastman Chemical

In other Eastman Chemical news, EVP Stephen Glenn Crawford sold 10,504 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $105.00, for a total value of $1,102,920.00. Following the transaction, the executive vice president now directly owns 47,287 shares in the company, valued at approximately $4,965,135. This trade represents a 18.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Julie A. Mcalindon sold 4,456 shares of the stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $105.84, for a total value of $471,623.04. Following the completion of the transaction, the senior vice president now directly owns 4,403 shares in the company, valued at approximately $466,013.52. This trade represents a 50.30 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.93% of the company’s stock.

Eastman Chemical Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 14th will be given a $0.83 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.32 dividend on an annualized basis and a yield of 3.21%. Eastman Chemical’s payout ratio is 43.23%.

Eastman Chemical Company Profile

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.