Zacks Research Expects Weaker Earnings for Eastman Chemical

Eastman Chemical (NYSE:EMN - Free Report) - Equities researchers at Zacks Research decreased their Q2 2025 earnings per share estimates for shares of Eastman Chemical in a report released on Tuesday, April 8th. Zacks Research analyst R. Department now expects that the basic materials company will earn $2.20 per share for the quarter, down from their previous forecast of $2.23. The consensus estimate for Eastman Chemical's current full-year earnings is $8.55 per share. Zacks Research also issued estimates for Eastman Chemical's Q4 2025 earnings at $1.94 EPS and FY2025 earnings at $8.30 EPS.

EMN has been the subject of several other research reports. StockNews.com raised shares of Eastman Chemical from a "hold" rating to a "buy" rating in a research note on Saturday, January 18th. Wells Fargo & Company dropped their target price on shares of Eastman Chemical from $125.00 to $90.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th. Citigroup raised shares of Eastman Chemical from a "neutral" rating to a "buy" rating and lowered their price objective for the company from $105.00 to $101.00 in a research note on Friday, April 4th. Royal Bank of Canada raised Eastman Chemical from a "sector perform" rating to an "outperform" rating and set a $91.00 target price for the company in a research note on Wednesday, April 9th. Finally, Mizuho upgraded shares of Eastman Chemical from a "neutral" rating to an "outperform" rating and set a $105.00 price objective on the stock in a report on Thursday, April 3rd. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Eastman Chemical has an average rating of "Moderate Buy" and an average price target of $107.08.

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Eastman Chemical Price Performance

EMN traded up $0.46 on Wednesday, reaching $78.81. 347,682 shares of the company's stock were exchanged, compared to its average volume of 1,009,269. The stock's fifty day moving average price is $92.01 and its 200-day moving average price is $97.13. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.51 and a quick ratio of 0.78. The stock has a market cap of $9.08 billion, a PE ratio of 10.26, a P/E/G ratio of 1.22 and a beta of 1.38. Eastman Chemical has a twelve month low of $70.90 and a twelve month high of $114.50.

Eastman Chemical (NYSE:EMN - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.27. Eastman Chemical had a return on equity of 16.27% and a net margin of 9.65%.

Eastman Chemical Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 7th. Investors of record on Friday, March 14th were given a dividend of $0.83 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $3.32 dividend on an annualized basis and a yield of 4.21%. Eastman Chemical's dividend payout ratio (DPR) is presently 43.23%.

Institutional Trading of Eastman Chemical

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Crews Bank & Trust bought a new stake in Eastman Chemical during the 4th quarter worth about $27,000. Picton Mahoney Asset Management raised its position in Eastman Chemical by 62.3% in the 4th quarter. Picton Mahoney Asset Management now owns 323 shares of the basic materials company's stock valued at $29,000 after buying an additional 124 shares during the last quarter. Assetmark Inc. increased its stake in Eastman Chemical by 384.4% in the 4th quarter. Assetmark Inc. now owns 373 shares of the basic materials company's stock valued at $34,000 after buying an additional 296 shares during the last quarter. Bradley & Co. Private Wealth Management LLC bought a new position in Eastman Chemical in the fourth quarter valued at approximately $35,000. Finally, Stonebridge Financial Group LLC bought a new stake in Eastman Chemical during the fourth quarter worth $37,000. 83.65% of the stock is currently owned by institutional investors and hedge funds.

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.