Zacks Research Issues Pessimistic Outlook for EMN Earnings

Eastman Chemical (NYSE:EMN - Free Report) - Analysts at Zacks Research lowered their Q2 2025 earnings per share estimates for Eastman Chemical in a research report issued to clients and investors on Thursday, April 10th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings per share of $2.19 for the quarter, down from their previous estimate of $2.20. 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 Q3 2025 earnings at $2.25 EPS, Q4 2025 earnings at $1.91 EPS, FY2025 earnings at $8.25 EPS, Q1 2026 earnings at $2.03 EPS, Q2 2026 earnings at $2.36 EPS, Q3 2026 earnings at $2.42 EPS, Q4 2026 earnings at $2.39 EPS, FY2026 earnings at $9.20 EPS, Q1 2027 earnings at $2.46 EPS and FY2027 earnings at $10.24 EPS.

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

EMN has been the topic of a number of other reports. Royal Bank of Canada upgraded shares of Eastman Chemical from a "sector perform" rating to an "outperform" rating and set a $91.00 price target on the stock in a research note on Wednesday, April 9th. Barclays dropped their price objective on Eastman Chemical from $111.00 to $108.00 and set an "equal weight" rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. boosted their target price on shares of Eastman Chemical from $110.00 to $112.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Bank of America upgraded shares of Eastman Chemical from a "neutral" rating to a "buy" rating and cut their price target for the company from $115.00 to $109.00 in a report on Tuesday, January 14th. Finally, KeyCorp decreased their price objective on shares of Eastman Chemical from $128.00 to $120.00 and set an "overweight" rating on the stock in a report on Monday. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $107.08.

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Eastman Chemical Stock Performance

NYSE:EMN traded up $1.05 during midday trading on Friday, reaching $79.40. The stock had a trading volume of 1,191,627 shares, compared to its average volume of 1,012,433. The stock has a market cap of $9.14 billion, a P/E ratio of 10.34, a P/E/G ratio of 1.22 and a beta of 1.38. The company has a quick ratio of 0.78, a current ratio of 1.51 and a debt-to-equity ratio of 0.78. Eastman Chemical has a 12-month low of $70.90 and a 12-month high of $114.50. The firm has a fifty day simple moving average of $91.56 and a two-hundred day simple moving average of $96.90.

Hedge Funds Weigh In On Eastman Chemical

A number of large investors have recently bought and sold shares of EMN. Crews Bank & Trust purchased a new position in shares of Eastman Chemical in the 4th quarter worth about $27,000. Picton Mahoney Asset Management lifted its stake in shares of Eastman Chemical by 62.3% during the fourth quarter. Picton Mahoney Asset Management now owns 323 shares of the basic materials company's stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Assetmark Inc. grew its stake in shares of Eastman Chemical by 384.4% in the fourth quarter. Assetmark Inc. now owns 373 shares of the basic materials company's stock valued at $34,000 after buying an additional 296 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new position in Eastman Chemical during the 4th quarter worth approximately $35,000. Finally, Stonebridge Financial Group LLC purchased a new position in Eastman Chemical in the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 83.65% of the company's stock.

Eastman Chemical Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Friday, March 14th were issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 4.18%. The ex-dividend date was Friday, March 14th. Eastman Chemical's dividend payout ratio (DPR) is 43.23%.

About Eastman Chemical

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.