Q3 EPS Estimate for Eastman Chemical Decreased by Analyst

Eastman Chemical (NYSE:EMN) – Analysts at Zacks Research cut their Q3 2025 earnings per share estimates for shares of Eastman Chemical in a note issued to investors on Tuesday, April 8th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings per share of $2.27 for the quarter, down from their prior estimate 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.

Several other analysts have also commented on the stock. Royal Bank of Canada raised shares of 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. StockNews.com upgraded shares of Eastman Chemical from a “hold” rating to a “buy” rating in a research report on Saturday, January 18th. Piper Sandler dropped their price target on shares of Eastman Chemical from $105.00 to $99.00 and set a “neutral” rating on the stock in a research note on Monday. Citigroup upgraded shares of Eastman Chemical from a “neutral” rating to a “buy” rating and lowered their target price for the company from $105.00 to $101.00 in a research note on Friday, April 4th. Finally, UBS Group lowered their target price on shares of Eastman Chemical from $123.00 to $115.00 and set a “buy” rating on the stock in a research note on Monday. Three research 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, Eastman Chemical presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.75.

Eastman Chemical Stock Up 12.4 %

Shares of Eastman Chemical stock opened at $81.71 on Thursday. Eastman Chemical has a twelve month low of $70.90 and a twelve month high of $114.50. The company has a current ratio of 1.51, a quick ratio of 0.78 and a debt-to-equity ratio of 0.78. The stock has a market cap of $9.41 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 1.22 and a beta of 1.38. The company has a fifty day moving average price of $92.98 and a 200 day moving average price of $97.71.

Eastman Chemical (NYSE:EMN) last issued its earnings results 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 net margin of 9.65% and a return on equity of 16.27%.

Hedge Funds Weigh In On Eastman Chemical

Several institutional investors and hedge funds have recently modified their holdings of the stock. James J. Burns & Company LLC purchased a new position in Eastman Chemical in the 4th quarter worth approximately $741,000. Goelzer Investment Management Inc. purchased a new stake in shares of Eastman Chemical in the 4th quarter worth $3,319,000. Dakota Wealth Management lifted its stake in shares of Eastman Chemical by 14.6% during the 4th quarter. Dakota Wealth Management now owns 44,675 shares of the basic materials company’s stock worth $4,081,000 after purchasing an additional 5,700 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Eastman Chemical by 5.7% during the 3rd quarter. Franklin Resources Inc. now owns 5,219,438 shares of the basic materials company’s stock worth $593,233,000 after purchasing an additional 282,458 shares during the last quarter. Finally, Olstein Capital Management L.P. lifted its stake in shares of Eastman Chemical by 16.1% during the 4th quarter. Olstein Capital Management L.P. now owns 66,779 shares of the basic materials company’s stock worth $6,098,000 after purchasing an additional 9,279 shares during the last quarter. 83.65% of the stock is currently owned by institutional investors.

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 paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date was Friday, March 14th. Eastman Chemical’s dividend payout ratio (DPR) is presently 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.