Eastman Chemical (NYSE:EMN) Updates Q2 2026 Earnings Guidance

Eastman Chemical (NYSE:EMN) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.700-1.900 for the period, compared to the consensus earnings per share estimate of 1.670. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EMN. UBS Group lifted their price target on shares of Eastman Chemical from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. JPMorgan Chase & Co. raised shares of Eastman Chemical from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $70.00 to $80.00 in a research note on Tuesday, April 14th. Citigroup cut their price objective on shares of Eastman Chemical from $84.00 to $83.00 and set a “buy” rating on the stock in a research report on Thursday, April 16th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $79.00 price objective on shares of Eastman Chemical in a research report on Wednesday, February 4th. Finally, Zacks Research raised shares of Eastman Chemical from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Eastman Chemical currently has an average rating of “Hold” and an average target price of $76.36.

Eastman Chemical Stock Up 3.7%

Shares of EMN stock traded up $2.61 during trading on Thursday, reaching $73.03. The company’s stock had a trading volume of 1,970,956 shares, compared to its average volume of 1,644,153. The business has a fifty day moving average price of $72.68 and a 200-day moving average price of $67.97. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.70. The company has a market cap of $8.33 billion, a price-to-earnings ratio of 17.86, a price-to-earnings-growth ratio of 0.97 and a beta of 1.16. Eastman Chemical has a one year low of $56.11 and a one year high of $84.18.

Eastman Chemical (NYSE:EMN) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.66 by ($0.57). The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.28 billion. Eastman Chemical had a return on equity of 10.57% and a net margin of 5.42%.Eastman Chemical has set its Q2 2026 guidance at 1.700-1.900 EPS. Analysts anticipate that Eastman Chemical will post 5.85 earnings per share for the current year.

Eastman Chemical Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Friday, March 13th were 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 was Friday, March 13th. Eastman Chemical’s dividend payout ratio is 82.15%.

Institutional Trading of Eastman Chemical

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp raised its position in Eastman Chemical by 24.3% during the third quarter. State Street Corp now owns 5,687,097 shares of the basic materials company’s stock worth $363,314,000 after acquiring an additional 1,112,391 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Eastman Chemical by 13.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,597,875 shares of the basic materials company’s stock worth $293,486,000 after acquiring an additional 545,219 shares in the last quarter. Bank of America Corp DE raised its position in Eastman Chemical by 6.1% during the second quarter. Bank of America Corp DE now owns 2,476,677 shares of the basic materials company’s stock worth $184,909,000 after acquiring an additional 143,323 shares in the last quarter. Earnest Partners LLC raised its position in Eastman Chemical by 7.6% during the fourth quarter. Earnest Partners LLC now owns 2,405,649 shares of the basic materials company’s stock worth $153,553,000 after acquiring an additional 170,676 shares in the last quarter. Finally, Sei Investments Co. raised its position in Eastman Chemical by 10.2% during the third quarter. Sei Investments Co. now owns 966,228 shares of the basic materials company’s stock worth $60,921,000 after acquiring an additional 89,736 shares in the last quarter. 83.65% of the stock is owned by institutional investors.

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.