Zacks Research Predicts Higher Earnings for Eastman Chemical

Eastman Chemical (NYSE:EMN) – Equities research analysts at Zacks Research upped their Q1 2025 earnings per share 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 estimate 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.

A number of other research analysts have also weighed in on the company. Piper Sandler upped their price objective on Eastman Chemical from $102.00 to $105.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. 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. UBS Group dropped their price objective on Eastman Chemical from $124.00 to $123.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Citigroup downgraded Eastman Chemical from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $118.00 to $104.00 in a research report on Wednesday, December 18th. Finally, StockNews.com upgraded Eastman Chemical from a “hold” rating to a “buy” rating in a research report on Saturday, January 18th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $114.08.

Eastman Chemical Trading Up 2.4 %

Shares of EMN stock opened at $103.48 on Monday. The business’s fifty day moving average price is $94.27 and its 200 day moving average price is $100.12. Eastman Chemical has a 1-year low of $83.72 and a 1-year high of $114.50. The firm has a market capitalization of $11.99 billion, a PE ratio of 13.47, a P/E/G ratio of 1.24 and a beta of 1.44. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 0.78.

Eastman Chemical (NYSE:EMN) last released its earnings results on Thursday, January 30th. The basic materials company reported $1.87 earnings per share (EPS) for the quarter, beating 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 Investors Weigh In On Eastman Chemical

A number of hedge funds have recently bought and sold shares of EMN. James J. Burns & Company LLC bought a new position in Eastman Chemical during the 4th quarter worth approximately $741,000. Goelzer Investment Management Inc. acquired a new position in shares of Eastman Chemical during the 4th quarter valued at $3,319,000. National Bank of Canada FI increased its position in shares of Eastman Chemical by 492.9% during the 3rd quarter. National Bank of Canada FI now owns 213,161 shares of the basic materials company’s stock valued at $23,863,000 after purchasing an additional 177,207 shares during the period. KBC Group NV increased its position in shares of Eastman Chemical by 21.8% during the 3rd quarter. KBC Group NV now owns 110,610 shares of the basic materials company’s stock valued at $12,383,000 after purchasing an additional 19,809 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of Eastman Chemical by 6.8% in the 3rd quarter. Principal Financial Group Inc. now owns 148,176 shares of the basic materials company’s stock worth $16,588,000 after acquiring an additional 9,447 shares during the last quarter. Institutional investors and hedge funds own 83.65% of the company’s stock.

Insider Activity

In other Eastman Chemical news, EVP Stephen Glenn Crawford sold 10,504 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $105.00, for a total transaction of $1,102,920.00. Following the completion of the sale, the executive vice president now directly owns 47,287 shares in the company, valued at $4,965,135. This represents a 18.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Julie A. Mcalindon sold 4,456 shares of the stock in a transaction dated 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 sale, the senior vice president now owns 4,403 shares of the company’s stock, 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. Company insiders own 1.93% of the company’s stock.

Eastman Chemical Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Stockholders 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 annualized dividend and a dividend yield of 3.21%. Eastman Chemical’s dividend payout ratio is currently 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.