What Are The Chances Of Eastman Chemical Co (NYSE: EMN) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, EMN falls under the Basic Materials sector while operating within the Specialty Chemicals industry segment. The current market capitalization of Eastman Chemical Co is $11.74B. A total of 1.27 million shares were traded on the day, compared to an average of 1.15M 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Eastman Chemical Co pays an annual dividend of $3.26, resulting in a dividend yield of 3.22%, and it has a price to earnings (P/E) ratio of 13.18. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, EMN has a high of $114.50 and a low of $81.00.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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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