hoopsAI | EMN - Real-time Overview

Eastman Chemical Company (EMN) Stocks Experience 5.56% Drop in Price

Live Analysis Eastman Chemical Company's stock price currently stands at $75.53, reflecting a decrease of$ 4.45 or 5.56% from the previous close at $80. The trading volume is significantly higher, reaching$ 2.51 million, which is 228.82% above the average.

Earnings Overview In the latest quarterly earnings report for Eastman Chemical Company, released on Wednesday, January 29th, 2024, the earnings per share stood at 1.87, surpassing the consensus estimate of 1.6. The total revenue for the quarter was $2.25 billion, slightly below the expected$ 2.29 billion.

Dividends The forward dividend yield for EMN is 4.4%, with a dividend per share MRQ of 83 cents. The dividend per share year-over-year has increased by 2.5157 cents, while the trailing twelve months dividend per share is $4.09.

Ratios Key financial ratios for Eastman Chemical Company include a net profit margin of 7.31%, return on equity of 3.18%, and a price-to-earnings ratio of 18.1. The company's debt ratio is 33.56%, with a debt-to-equity ratio of 89.39.

Balance Sheet Eastman Chemical Company's balance sheet shows total assets of $15.21 billion, with total liabilities amounting to$ 9.36 billion. The company has a net debt of $4.18 billion, with cash and cash equivalents totaling$ 837 million.

This report provides a comprehensive overview of Eastman Chemical Company's current financial status and performance in the market.

Key stats

Day's Range

$79.82 - $85.61

Previous Close

$88.29

52-Week Range

$79.82 - $114.50

Market Cap

$9.23B

Volume

Basic EPS (TTM)

7.67

Beta

1.45

About Eastman Chemical Co

Sector

Materials

Industry

Chemicals

Country

Website

http://www.eastman.com

Eastman Chemical Company operates as an advanced materials and specialty additives company worldwide. The company's Additives & Functional Products segment offers specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; insoluble sulfur and anti-degradant rubber additives; performance resins; amine derivative-based building blocks; heat transfer and aviation fluids; organic acid-based solutions; and metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. It serves the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. Its Advanced Materials segment provides copolyesters, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, consumables, building and construction, durable goods, and health and wellness markets. The company's Chemical Intermediates segment offers Olefin and acetyl derivatives, ethylene, and commodity solvents; primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers; and methylamines and salts higher amines and solvents to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, aerospace, personal hygiene, and consumables markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.