Zacks Research Expects Weaker Earnings for Eastman Chemical

Eastman Chemical (NYSE:EMN - Free Report) - Equities researchers at Zacks Research reduced their Q3 2025 EPS estimates for shares of Eastman Chemical in a research report issued on Tuesday, April 8th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings of $2.27 per share for the quarter, down from their previous forecast of $2.31. 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 Q1 2026 earnings at $2.10 EPS, Q2 2026 earnings at $2.41 EPS, Q3 2026 earnings at $2.51 EPS, Q4 2026 earnings at $2.44 EPS, FY2026 earnings at $9.47 EPS, Q1 2027 earnings at $2.47 EPS and FY2027 earnings at $10.45 EPS.

A number of other equities research analysts have also commented on the stock. StockNews.com upgraded shares of Eastman Chemical from a "hold" rating to a "buy" rating in a report on Saturday, January 18th. Mizuho raised Eastman Chemical from a "neutral" rating to an "outperform" rating and set a $105.00 price target on the stock in a research note on Thursday, April 3rd. Bank of America raised Eastman Chemical from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $115.00 to $109.00 in a research report on Tuesday, January 14th. Wells Fargo & Company dropped their target price on Eastman Chemical from $125.00 to $90.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Finally, KeyCorp reduced their price target on Eastman Chemical from $128.00 to $120.00 and set an "overweight" rating for the company in a research report on Monday. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $107.08.

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Eastman Chemical Stock Up 1.3 %

EMN stock traded up $1.05 during mid-day trading on Thursday, hitting $79.40. 1,191,608 shares of the company were exchanged, compared to its average volume of 1,012,433. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.78 and a current ratio of 1.51. Eastman Chemical has a 1-year low of $70.90 and a 1-year high of $114.50. The firm's 50 day simple moving average is $92.01 and its 200 day simple moving average is $97.13. The firm 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.

Eastman Chemical (NYSE:EMN - Get Free Report) last announced its quarterly earnings results 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%.

Institutional Trading of Eastman Chemical

Several hedge funds and other institutional investors have recently modified their holdings of EMN. Raymond James Financial Inc. acquired a new stake in Eastman Chemical during the fourth quarter worth approximately $150,537,000. Capital World Investors bought a new position in Eastman Chemical during the 4th quarter worth $137,848,000. Norges Bank bought a new position in Eastman Chemical during the 4th quarter worth $137,416,000. Wealthfront Advisers LLC raised its holdings in Eastman Chemical by 3,136.8% in the 4th quarter. Wealthfront Advisers LLC now owns 736,011 shares of the basic materials company's stock valued at $67,213,000 after acquiring an additional 713,272 shares in the last quarter. Finally, Capital Research Global Investors lifted its position in shares of Eastman Chemical by 13.4% during 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 acquiring an additional 697,388 shares during the period. Institutional investors own 83.65% of the company's stock.

Eastman Chemical Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Stockholders of record on Friday, March 14th were given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend was Friday, March 14th. Eastman Chemical's payout ratio is presently 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.