Eastman Chemical (EMN) Projected to Post Earnings on Thursday

Eastman Chemical (NYSE:EMN) is expected to release its Q2 2025 earnings data after the market closes on Thursday, July 31st. Analysts expect Eastman Chemical to post earnings of $1.80 per share and revenue of $2.32 billion for the quarter.

Eastman Chemical Stock Down 1.2%

Shares of Eastman Chemical stock opened at $75.82 on Wednesday. The stock has a 50-day simple moving average of $78.61 and a 200-day simple moving average of $85.07. Eastman Chemical has a 52-week low of $70.90 and a 52-week high of $114.50. The firm has a market cap of $8.75 billion, a price-to-earnings ratio of 9.65, a P/E/G ratio of 2.20 and a beta of 1.22. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.72 and a quick ratio of 0.79.

Eastman Chemical Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Friday, June 13th were paid a dividend of $0.83 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $3.32 annualized dividend and a dividend yield of 4.38%. Eastman Chemical’s dividend payout ratio (DPR) is 42.24%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EMN shares. Wells Fargo & Company decreased their price objective on shares of Eastman Chemical from $125.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th. The Goldman Sachs Group cut their price objective on Eastman Chemical from $112.00 to $87.00 and set a “neutral” rating on the stock in a research note on Monday, April 28th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $76.00 target price (down from $112.00) on shares of Eastman Chemical in a report on Monday, April 28th. Morgan Stanley lowered their price target on Eastman Chemical from $125.00 to $115.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Finally, Wall Street Zen cut shares of Eastman Chemical from a “buy” rating to a “hold” rating in a research note on Monday, April 28th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Eastman Chemical currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.08.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Eastman Chemical in the 4th quarter valued at $202,000. United Services Automobile Association acquired a new position in Eastman Chemical in the first quarter worth about $252,000. Focus Partners Wealth boosted its holdings in Eastman Chemical by 28.4% during the first quarter. Focus Partners Wealth now owns 6,403 shares of the basic materials company’s stock valued at $564,000 after purchasing an additional 1,415 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Eastman Chemical by 185.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,686 shares of the basic materials company’s stock valued at $589,000 after purchasing an additional 4,345 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in shares of Eastman Chemical by 2.6% in the 1st quarter. NewEdge Advisors LLC now owns 7,310 shares of the basic materials company’s stock worth $644,000 after buying an additional 183 shares in the last quarter. 83.65% of the stock is owned by institutional investors.

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.