Zacks Research Issues Optimistic Outlook for EMN Earnings

Eastman Chemical Company (NYSE:EMN) – Zacks Research boosted their Q1 2026 earnings estimates for shares of Eastman Chemical in a report issued on Wednesday, February 11th. Zacks Research analyst Team now expects that the basic materials company will post earnings per share of $1.20 for the quarter, up from their previous estimate of $1.15. 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 Q2 2026 earnings at $1.62 EPS, Q3 2026 earnings at $1.68 EPS, Q4 2026 earnings at $1.39 EPS, FY2026 earnings at $5.89 EPS, Q1 2027 earnings at $1.64 EPS, Q2 2027 earnings at $1.66 EPS, Q3 2027 earnings at $1.69 EPS, Q4 2027 earnings at $1.74 EPS, FY2027 earnings at $6.73 EPS and FY2028 earnings at $7.51 EPS.

Several other analysts have also weighed in on EMN. Bank of America upped their price objective on Eastman Chemical from $74.00 to $79.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $79.00 target price on shares of Eastman Chemical in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft lifted their target price on Eastman Chemical from $64.00 to $72.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. KeyCorp reiterated an “overweight” rating on shares of Eastman Chemical in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Eastman Chemical from $60.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $78.86.

Eastman Chemical Stock Performance

Shares of NYSE EMN opened at $81.38 on Thursday. Eastman Chemical has a 1 year low of $56.11 and a 1 year high of $103.82. The firm has a market cap of $9.28 billion, a P/E ratio of 19.90, a PEG ratio of 1.77 and a beta of 1.23. The stock has a fifty day moving average price of $67.65 and a two-hundred day moving average price of $65.05. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.86 and a current ratio of 1.76.

Eastman Chemical (NYSE:EMN) last posted its quarterly earnings data on Thursday, January 29th. The basic materials company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.01). Eastman Chemical had a net margin of 5.42% and a return on equity of 10.63%. The company had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter last year, the business earned $1.87 earnings per share. The company’s revenue was down 12.1% on a year-over-year basis.

Institutional Trading of Eastman Chemical

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of Eastman Chemical during the 4th quarter valued at $202,000. Integrated Wealth Concepts LLC raised its holdings in Eastman Chemical by 185.6% during the first quarter. Integrated Wealth Concepts LLC now owns 6,686 shares of the basic materials company’s stock valued at $589,000 after buying an additional 4,345 shares in the last quarter. Millennium Management LLC lifted its position in shares of Eastman Chemical by 69.2% in the first quarter. Millennium Management LLC now owns 194,052 shares of the basic materials company’s stock worth $17,098,000 after buying an additional 79,376 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Eastman Chemical by 2.6% during the 1st quarter. NewEdge Advisors LLC now owns 7,310 shares of the basic materials company’s stock worth $644,000 after acquiring an additional 183 shares in the last quarter. Finally, United Services Automobile Association acquired a new position in shares of Eastman Chemical during the 1st quarter valued at about $252,000. 83.65% of the stock is owned by institutional investors.

Eastman Chemical Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Monday, December 15th were issued a $0.84 dividend. This is an increase from Eastman Chemical’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, December 15th. Eastman Chemical’s dividend payout ratio is currently 82.15%.

Key Stories Impacting Eastman Chemical

Here are the key news stories impacting Eastman Chemical this week:

• Positive Sentiment: Zacks raised its Q1 2026 estimate to $1.20 from $1.15, a modest upward revision for the next quarter that slightly offsets downgrades elsewhere.
• Positive Sentiment: Zacks also nudged its Q2 2026 estimate higher to $1.62 from $1.59, signaling a small improvement in expected spring demand.
• Neutral Sentiment: Technical note: an MSN piece says EMN’s relative strength has been rising but remains below a key threshold — momentum is improving but not yet confirmed. Article Title
• Negative Sentiment: Zacks cut multiple 2027 quarterly estimates (Q1–Q4 2027 and individual Q2/Q3/Q4 cuts) — e.g., Q4 2027 from $1.92 to $1.74 and several Q2–Q3 trims — reducing visibility on multi‑quarter growth.
• Negative Sentiment: Zacks lowered FY2026 from $6.01 to $5.89 and trimmed FY2027 from $7.31 to $6.73, materially lowering medium‑term earnings expectations versus the $8.55 consensus and likely pressuring the stock’s valuation.
• Negative Sentiment: Aggregate impact: the breadth of cuts suggests Zacks expects weaker volumes/margins or delayed recovery in end markets; that downgrade momentum is the main driver behind today’s negative market reaction for EMN.

Eastman Chemical Company Profile

Eastman Chemical Company (NYSE: EMN) is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries.

The company’s main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets.