In recent trading session, Eastman Chemical Co (NYSE:EMN) saw 1.28 million shares changing hands at last check today with its beta currently measuring 1.25. Company’s recent per share price level of $77.6 trading at $1.45 or 1.90% at last check today assigns it a market valuation of $8.96B. That most recent trading price of EMN’s stock is at a discount of -47.55% from its 52-week high price of $114.50 and is indicating a premium of 8.63% from its 52-week low price of $70.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.69 million shares which gives us an average trading volume of 1.80 million if we extend that period to 3-months.
For Eastman Chemical Co (EMN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.76. Splitting up the data highlights that, out of 13 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Eastman Chemical Co (NYSE:EMN) trade information
Upright in the green today for gaining 1.90%, in the last five days EMN remained trading in the green while hitting it’s week-highest on Friday, 06/27/25 when the stock touched $77.6 price level, adding 0.97% to its value on the day. Eastman Chemical Co’s shares saw a change of -20.78% in year-to-date performance and have moved 4.51% in past 5-day. Eastman Chemical Co (NYSE:EMN) showed a performance of -4.16% in past 30-days. Number of shares sold short was 3.11 million shares which calculate 1.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 102 to the stock, which implies a rise of 23.92% to its recent value today. Analysts have been projecting 102 as a low price target for the stock while placing it at a high target of 102. It follows that stock’s current price would drop -31.44% in reaching the projected high whereas dropping to the targeted low would mean a loss of -31.44% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.97% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -6.41% while estimates for its earnings growth in next 5 years are of 5.45%.
EMN Dividends
Eastman Chemical Co is more likely to be releasing its next quarterly report on 2025-Apr-24 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.25%, the share has a forward dividend of 3.30 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.23%.
Eastman Chemical Co (NYSE:EMN)’s Major holders
Insiders are in possession of 0.76% of company’s total shares while institution are holding 93.34 percent of that, with stock having share float percentage of 94.05%. Investors also watch the number of corporate investors in a company very closely, which is 93.34% institutions for Eastman Chemical Co that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at EMN for having 14.82 million shares of worth $1.45 billion. And as of 2024-06-30, it was holding 12.6373 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 8.42 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.1754 of outstanding shares, having a total worth of $824.59 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 3.62 shares of worth $280.1 million or 3.14% of the total outstanding shares. The later fund manager was in possession of 3.2 shares on Mar 31, 2025 , making its stake of worth around $247.38 million in the company or a holder of 2.77% of company’s stock.
