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Eastman Chemical CompanyEMN
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Overview >
Market Cap
8.84B
Revenue (ttm)
9.38B
Net Income (ttm)
905.00M
Shares Out
115.41M
EPS (ttm)
7.67
PE Ratio
9.98
Forward PE
9.12
Dividend
$3.32 (4.34%)
Ex-Dividend Date
Mar 14, 2025
Volume
593,993
Open
76.15
Previous Close
76.04
Day's Range
74.63 - 77.24
52-Week Range
70.90 - 114.50
Beta
1.40
Analysts
Buy
Price Target
108.75 (+41.95%)
Earnings Date
Apr 24, 2025
Description >

Eastman Chemical Company operates as a specialty materials company in the United States and internationally.

The company's Additives & Functional Products segment offers hydrocarbon resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins.

It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets.

Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets.

The company's Chemical Intermediates segment offers methylamines and salts, and higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and agrochemicals markets.

Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, 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, and aerospace markets.

Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

Latest News >
EU regulator to review reports of suicidal thoughts and weight loss drugs
EU regulator to review reports of suicidal thoughts and weight loss drugs
Apr 8, 2024
April 8 (Reuters) - A European Medicines Agency committee will this week hold a meeting related to its probe into reports of suicidal thoughts after taking diabetes and weight loss drugs such as Novo Nordisk's Ozempic, an agenda showed on Monday. The agency began its review into the class of weight loss and diabetes drugs, known as GLP-1 receptor agonists,...
Pressure grows on Swiss insurer Baloise to change voting rules
Pressure grows on Swiss insurer Baloise to change voting rules
Apr 8, 2024
ZURICH, April 8 (Reuters) - Shareholder pressure is growing on insurer Baloise to change its voting rules, with influential proxy advisor Glass Lewis backing one investor's bid to remove a 2% ceiling on voting rights, saying it would make the Swiss group more attractive. Baloise shareholders have no more than 2% of votes, irrespective of how big their stake is,...
Global Net Lease Completes $237 Million Refinancing Backed by Industrial Properties; Shares Rise
Global Net Lease Completes $237 Million Refinancing Backed by Industrial Properties; Shares Rise
Apr 8, 2024
11:21 AM EDT, 04/08/2024 (MT Newswires) -- Global Net Lease ( GNL ) said Monday it completed a $237 million commercial mortgage-backed security loan secured by 20 US industrial assets that were previously secured under a corporate credit facility. The new loan matures in April 2029 and has a fixed all-in interest rate of 5.74%, or 159 basis points lower...
AltC Acquisition Shares Soar as Oklo Announces Power Supply Deal
AltC Acquisition Shares Soar as Oklo Announces Power Supply Deal
Apr 8, 2024
11:26 AM EDT, 04/08/2024 (MT Newswires) -- AltC Acquisition ( ALCC ) shares soared more than 19% in recent Monday trading after Oklo, with which it has a pending merger deal, announced a potential power supply collaboration. Oklo, a fission technology and nuclear fuel recycling company, said it signed a non-binding letter of intent to supply 50 megawatts to Diamondback...
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