Eastman Chemical (NYSE:EMN) Releases Q3 2026 Earnings Guidance

Eastman Chemical (NYSE:EMN) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.970-1.970 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of -.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada upped their price target on Eastman Chemical from $79.00 to $82.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. raised their price objective on shares of Eastman Chemical from $80.00 to $82.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $75.00 price objective on shares of Eastman Chemical in a research note on Thursday, July 16th. UBS Group upped their target price on shares of Eastman Chemical from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Finally, Mizuho set a $85.00 target price on shares of Eastman Chemical in a research note on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $80.50.

Eastman Chemical Price Performance

Shares of EMN stock traded up $2.74 during trading on Thursday, hitting $70.02. The company had a trading volume of 2,269,424 shares, compared to its average volume of 1,127,505. The stock’s 50-day moving average is $70.80 and its two-hundred day moving average is $72.16. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of 20.30, a price-to-earnings-growth ratio of 0.86 and a beta of 1.07. The company has a quick ratio of 0.71, a current ratio of 1.47 and a debt-to-equity ratio of 0.73. Eastman Chemical has a 52 week low of $56.11 and a 52 week high of $83.47.

Eastman Chemical (NYSE:EMN) last announced its earnings results on Thursday, July 30th. The basic materials company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.15. Eastman Chemical had a net margin of 4.62% and a return on equity of 8.88%. The business had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same period in the previous year, the business posted $1.60 earnings per share. Eastman Chemical’s revenue for the quarter was up 9.9% on a year-over-year basis. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. As a group, analysts predict that Eastman Chemical will post 6.3 EPS for the current fiscal year.

Eastman Chemical Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Monday, June 15th were given a dividend of $0.84 per share. The ex-dividend date was Monday, June 15th. This represents a $3.36 annualized dividend and a dividend yield of 4.8%. Eastman Chemical’s dividend payout ratio (DPR) is 97.39%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. UMB Bank n.a. raised its position in Eastman Chemical by 6.2% during the fourth quarter. UMB Bank n.a. now owns 2,571 shares of the basic materials company’s stock valued at $164,000 after purchasing an additional 150 shares in the last quarter. Jacobi Capital Management LLC boosted its holdings in shares of Eastman Chemical by 3.2% in the 4th quarter. Jacobi Capital Management LLC now owns 4,982 shares of the basic materials company’s stock worth $318,000 after purchasing an additional 153 shares in the last quarter. NewEdge Advisors LLC increased its position 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 valued at $644,000 after purchasing an additional 183 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Eastman Chemical by 0.8% during the 4th quarter. Captrust Financial Advisors now owns 32,372 shares of the basic materials company’s stock valued at $2,066,000 after buying an additional 245 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of Eastman Chemical by 7.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,503 shares of the basic materials company’s stock valued at $221,000 after buying an additional 249 shares in the last quarter. Institutional investors own 83.65% of the company’s stock.

About Eastman Chemical

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.