Zacks Research Has Optimistic Outlook of EMN Q1 Earnings

Eastman Chemical (NYSE:EMN) – Equities research analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for shares of Eastman Chemical in a research note issued to investors 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.

Several other research firms have also commented on EMN. StockNews.com upgraded shares of Eastman Chemical from a “hold” rating to a “buy” rating in a research note on Saturday, January 18th. Royal Bank of Canada increased their price target on Eastman Chemical from $101.00 to $103.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 4th. Wells Fargo & Company raised Eastman Chemical from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $110.00 to $125.00 in a research report on Tuesday, November 26th. Barclays lowered their target price on Eastman Chemical from $111.00 to $108.00 and set an “equal weight” rating on the stock in a research note on Monday, February 3rd. Finally, Mizuho increased their price target on shares of Eastman Chemical from $113.00 to $117.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $114.08.

Eastman Chemical Stock Performance

Shares of EMN stock opened at $100.99 on Monday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 0.78. The firm has a 50-day moving average of $94.26 and a 200-day moving average of $100.13. Eastman Chemical has a one year low of $83.38 and a one year high of $114.50. The company has a market cap of $11.71 billion, a P/E ratio of 13.15, a P/E/G ratio of 1.24 and a beta of 1.44.

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

Large investors have recently added to or reduced their stakes in the business. Crews Bank & Trust purchased a new stake in shares of Eastman Chemical in the 4th quarter valued at about $27,000. Picton Mahoney Asset Management raised its stake in Eastman Chemical by 62.3% in the fourth quarter. Picton Mahoney Asset Management now owns 323 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 124 shares in the last quarter. Assetmark Inc. lifted its position in Eastman Chemical by 384.4% during the fourth quarter. Assetmark Inc. now owns 373 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 296 shares during the last quarter. Bradley & Co. Private Wealth Management LLC purchased a new position in Eastman Chemical in the 4th quarter worth approximately $35,000. Finally, Dunhill Financial LLC increased its holdings in shares of Eastman Chemical by 94.7% in the 3rd quarter. Dunhill Financial LLC now owns 333 shares of the basic materials company’s stock worth $37,000 after buying an additional 162 shares during the last quarter. Institutional investors own 83.65% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Stephen Glenn Crawford sold 10,504 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $105.00, for a total value of $1,102,920.00. Following the sale, the executive vice president now directly owns 47,287 shares of the company’s stock, valued at approximately $4,965,135. This represents a 18.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Julie A. Mcalindon sold 4,456 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $105.84, for a total transaction of $471,623.04. Following the transaction, the senior vice president now directly owns 4,403 shares of the company’s stock, valued at approximately $466,013.52. This 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.32 dividend on an annualized basis and a yield of 3.29%. Eastman Chemical’s payout ratio 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.