Eastman Chemical EMN
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Eastman Chemical (EMN) Business Model and Operations Summary
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
Key Insights
Eastman Chemical (EMN) Core Market Data and Business Metrics
Latest Closing Price
$88.29Market Cap
$10.38 BillionPrice-Earnings Ratio
11.84Total Outstanding Shares
117.60 Million SharesTotal Employees
14,000Dividend
$0.83 Per Share QuarterlyIPO Date
January 1, 1994SIC Description
Plastic Materials, Synth Resins & Nonvulcan ElastomersPrimary Exchange
New York Stock ExchangeHeadquarters
Po Box 511, Kingsport, TN, 37660
Historical Stock Splits
If you bought 1 share of EMN before October 4, 2011, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| October 4, 2011 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 1,036,155 Shares | 3.17 | 3/14/2025 | 3,286,421 Shares |
| 843,801 Shares | 3.43 | 2/28/2025 | 2,890,796 Shares |
| 1,171,884 Shares | 2.31 | 2/14/2025 | 2,708,931 Shares |
| 1,138,422 Shares | 2.6 | 1/31/2025 | 2,961,057 Shares |
| 1,129,069 Shares | 2.56 | 1/15/2025 | 2,887,911 Shares |
| 1,161,798 Shares | 2.42 | 12/31/2024 | 2,812,323 Shares |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $1.20 Billion |
| Net Cash Flow From Investing Activities | $-154 Million |
| Net Cash Flow, Continuing | $179 Million |
| Exchange Gains/Losses | $4 Million |
| Net Cash Flow From Financing Activities | $-866 Million |
| Net Cash Flow From Investing Activities, Continuing | $-154 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Revenues | $9.34 Billion |
| Depreciation and Amortization | $498 Million |
| Income Tax Expense/Benefit | $318 Million |
| Selling, General, and Administrative Expenses | $745 Million |
| Interest Income/Expense After Provision For Losses | $-200 Million |
| Diluted Average Shares | $118.20 Million |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $901 Million |
| Comprehensive Income/Loss | $904 Million |
| Other Comprehensive Income/Loss | $16 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $3 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Noncontrolling Interest | $74 Million |
| Liabilities And Equity | $15.06 Billion |
| Noncurrent Liabilities | $6.74 Billion |
| Intangible Assets | $1.07 Billion |
| Noncurrent Assets | $11.12 Billion |
| Current Liabilities | $2.59 Billion |
Historical Dividends
Current dividend: $0.83 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 13, 2025 | Apr 7, 2025 | Mar 14, 2025 | $0.83 | Quarterly |
| Dec 5, 2024 | Jan 8, 2025 | Dec 16, 2024 | $0.83 | Quarterly |
| Aug 1, 2024 | Oct 7, 2024 | Sep 16, 2024 | $0.81 | Quarterly |
| May 2, 2024 | Jul 9, 2024 | Jun 17, 2024 | $0.81 | Quarterly |
| Feb 13, 2024 | Apr 5, 2024 | Mar 15, 2024 | $0.81 | Quarterly |
| Dec 6, 2023 | Jan 5, 2024 | Dec 18, 2023 | $0.81 | Quarterly |