Zacks Research Issues Negative Forecast for EMN Earnings

Eastman Chemical Company (NYSE:EMN) – Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of Eastman Chemical in a report issued on Wednesday, August 13th. Zacks Research analyst Team now expects that the basic materials company will post earnings of $1.25 per share for the quarter, down from their previous estimate of $1.80. 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 Q4 2025 earnings at $1.30 EPS, FY2025 earnings at $6.07 EPS, Q1 2026 earnings at $1.78 EPS, Q2 2026 earnings at $1.88 EPS and Q3 2026 earnings at $1.69 EPS.

EMN has been the topic of a number of other reports. Royal Bank Of Canada decreased their target price on shares of Eastman Chemical from $91.00 to $74.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 5th. Morgan Stanley decreased their target price on shares of Eastman Chemical from $125.00 to $115.00 and set an “overweight” rating on the stock in a research note on Monday, April 28th. UBS Group decreased their target price on shares of Eastman Chemical from $107.00 to $101.00 and set a “buy” rating on the stock in a research note on Wednesday, July 9th. Wall Street Zen lowered shares of Eastman Chemical from a “buy” rating to a “hold” rating in a research note on Monday, April 28th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $76.00 target price (down from $112.00) on shares of Eastman Chemical in a research note on Monday, April 28th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $87.00.

Eastman Chemical Trading Down 1.2%

EMN opened at $65.61 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.68 and a quick ratio of 0.78. The company’s 50 day simple moving average is $74.27 and its two-hundred day simple moving average is $82.52. Eastman Chemical has a 1-year low of $56.78 and a 1-year high of $114.50. The firm has a market capitalization of $7.53 billion, a price-to-earnings ratio of 9.21, a price-to-earnings-growth ratio of 6.34 and a beta of 1.21.

Eastman Chemical (NYSE:EMN) last released its earnings results on Thursday, July 31st. The basic materials company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.72 by ($0.12). Eastman Chemical had a return on equity of 15.24% and a net margin of 8.96%. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period last year, the business earned $2.15 earnings per share. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year.

Institutional Trading of Eastman Chemical

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMN. Norges Bank purchased a new stake in Eastman Chemical in the second quarter valued at approximately $121,060,000. Capital World Investors purchased a new stake in Eastman Chemical in the fourth quarter valued at approximately $137,848,000. Capital Research Global Investors raised its position in Eastman Chemical by 13.4% in the fourth quarter. Capital Research Global Investors now owns 5,886,564 shares of the basic materials company’s stock valued at $537,561,000 after purchasing an additional 697,388 shares during the period. Qube Research & Technologies Ltd raised its position in Eastman Chemical by 1,456.4% in the second quarter. Qube Research & Technologies Ltd now owns 708,290 shares of the basic materials company’s stock valued at $52,881,000 after purchasing an additional 662,783 shares during the period. Finally, Ilex Capital Partners UK LLP purchased a new stake in Eastman Chemical in the second quarter valued at approximately $42,547,000. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Eastman Chemical Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Monday, September 15th will be given a $0.83 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $3.32 dividend on an annualized basis and a yield of 5.1%. Eastman Chemical’s payout ratio is presently 46.63%.

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.