Analysts Set Eastman Chemical Company (NYSE:EMN) PT at $79.17

Posted by Francis Steltz on Aug 22nd, 2026

Eastman Chemical Company (NYSE:EMN – Get Free Report) has earned an average recommendation of “Moderate Buy” from the fourteen analysts that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $79.1667.

EMN has been the topic of a number of recent research reports. Mizuho set a $85.00 target price on Eastman Chemical in a report on Friday, May 1st. Wells Fargo & Company upped their target price on Eastman Chemical from $70.00 to $80.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. increased their price target on Eastman Chemical from $80.00 to $82.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Eastman Chemical in a research note on Thursday, August 13th. Finally, Morgan Stanley cut their price objective on Eastman Chemical from $83.00 to $79.00 and set an “overweight” rating on the stock in a report on Thursday, July 2nd.

Get Our Latest Research Report on EMN

Eastman Chemical Trading Up 0.6%

Shares of NYSE:EMN opened at $74.20 on Monday. The stock has a market capitalization of $8.49 billion, a price-to-earnings ratio of 19.32, a PEG ratio of 0.90 and a beta of 1.06. Eastman Chemical has a 1-year low of $56.11 and a 1-year high of $83.47. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.50. The company has a 50 day moving average price of $70.56 and a 200 day moving average price of $72.67.

Eastman Chemical (NYSE:EMN – Get Free Report) last posted its quarterly 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 return on equity of 9.46% and a net margin of 4.99%.The company had revenue of $2.51 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the prior year, the company earned $1.60 earnings per share. The firm’s revenue was up 9.9% on a year-over-year basis. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. On average, research analysts anticipate that Eastman Chemical will post 6.5 EPS for the current fiscal year.

Eastman Chemical Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Tuesday, September 15th will be given a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Eastman Chemical’s dividend payout ratio (DPR) is 87.50%.

Institutional Investors Weigh In On Eastman Chemical

Several hedge funds have recently made changes to their positions in EMN. BlackRock Inc. purchased a new position in Eastman Chemical during the 2nd quarter worth approximately $1,134,421,000. HighTower Advisors LLC lifted its holdings in shares of Eastman Chemical by 3,448.7% in the fourth 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 in the last quarter. Norges Bank acquired a new stake in shares of Eastman Chemical in the fourth quarter worth $95,621,000. Legal & General Group Plc acquired a new stake in shares of Eastman Chemical in the second quarter worth $87,583,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Eastman Chemical during the second quarter valued at $81,645,000. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Eastman Chemical Company Profile

(Get Free Report)

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.