Is Eastman Chemical Co (NYSE: EMN) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

EMN belongs to the Basic Materials sector of the NYSE while operating in the Specialty Chemicals industry. The current market capitalization of Eastman Chemical Co is $11.56B. A total of 1.41 million shares were traded on the day, compared to an average of 989.38K shares.

In the most recent transaction, Costa Mark J sold 18,278 shares of EMN for 105.00 per share on Nov 29 ’24. After the transaction, the CEO & Board Chair now owns 395,699 company shares. In a previous transaction on Dec 03 ’24, Holt Adrian James sold 3,683 shares at 104.88 per share. EMN shares that SVP, Chf HR Ofcr owns now total 0.

Among the insiders who bought shares, Holt Adrian James acquired of 3,683 shares on Dec 03 ’24 at a per-share price of $104.88. In another insider transaction, LICH BRAD A sold 36,277 shares at $104.06 per share on Dec 02 ’24. Company shares held by the EVP & CCO now total 68,793.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Eastman Chemical Co pays an annual dividend of $3.24, resulting in a dividend yield of 3.25%, and it has a price to earnings (P/E) ratio of 13.34. EMN’s most recent ex-dividend date was 3.27% when it declared a $0.83 quarterly dividend that was paid in cash on 12/16/2024. Previously, the company paid the dividend on 9/16/2024 with an ex-dividend date of 3.19%. The EMN stock dividend was $0.81 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, EMN has a high of $114.50 and a low of $80.71.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. EMN’s latest balance sheet shows that the firm has $459.00M in Cash & Short Term Investments as of fiscal 2021. There were $5.16B in debt and $2.97B in liabilities at the time. Its Book Value Per Share was $48.80, while its Total Shareholder’s Equity was $5.79B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EMN is Buy with a score of 3.94.

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