What is Zacks Research’s Estimate for EMN FY2026 Earnings?

Eastman Chemical Company (NYSE:EMN) – Research analysts at Zacks Research boosted their FY2026 EPS estimates for shares of Eastman Chemical in a research report issued on Thursday, August 13th. Zacks Research analyst Team now expects that the basic materials company will earn $6.39 per share for the year, up from their previous forecast of $5.81. The consensus estimate for Eastman Chemical’s current full-year earnings is $6.50 per share.

A number of other equities analysts also recently commented on EMN. Morgan Stanley reduced their price objective on shares of Eastman Chemical from $83.00 to $79.00 and set an “overweight” rating for the company in a research note on Thursday, July 2nd. UBS Group increased their target price on Eastman Chemical from $89.00 to $92.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $74.00 price target on shares of Eastman Chemical in a report on Monday, August 3rd. Wells Fargo & Company boosted their price target on Eastman Chemical from $70.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. upped their price objective on Eastman Chemical from $80.00 to $82.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $79.17.

Eastman Chemical Price Performance

NYSE EMN opened at $73.78 on Monday. The company has a market cap of $8.44 billion, a PE ratio of 19.21, a P/E/G ratio of 0.91 and a beta of 1.06. The firm’s 50 day moving average price is $70.50 and its 200-day moving average price is $72.56. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.50. Eastman Chemical has a 52-week low of $56.11 and a 52-week high of $83.47.

Eastman Chemical (NYSE:EMN) last posted its earnings results on Thursday, July 30th. The basic materials company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.15. Eastman Chemical had a net margin of 4.99% and a return on equity of 9.46%. The business had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter last year, the firm posted $1.60 EPS. The company’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.

Institutional Investors Weigh In On Eastman Chemical

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EMN. BlackRock Inc. purchased a new stake in shares of Eastman Chemical during the second quarter worth about $1,134,421,000. HighTower Advisors LLC raised its position in shares of Eastman Chemical by 3,448.7% in the 4th quarter. HighTower Advisors LLC now owns 1,695,842 shares of the basic materials company’s stock valued at $108,246,000 after purchasing an additional 1,648,054 shares during the last quarter. Norges Bank acquired a new stake in Eastman Chemical in the 4th quarter worth approximately $95,621,000. Legal & General Group Plc acquired a new stake in Eastman Chemical in the 2nd quarter worth approximately $87,583,000. Finally, Bank of New York Mellon Corp purchased a new stake in Eastman Chemical during the 2nd quarter worth approximately $81,645,000. 83.65% of the stock is currently owned by hedge funds and other institutional investors.

Eastman Chemical Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Tuesday, September 15th will be given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Eastman Chemical’s dividend payout ratio is currently 87.50%.

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.