Analysts foresee less revenue Eastman Chemical, relatively high dividend

On Monday the American Eastman Chemical will report its past quarters results. Over the current book year the total revenue will be 8,22 billion USD (consensus estimates). This is hugely lower than 2019's revenue of 9,27 billion USD.

Historical revenues and results Eastman Chemical plus estimates 2020

The analysts expect for 2020 a net profit of 806 million USD. The majority of the analysts expects for this year a profit per share of 5,94 USD. Based on this the price/earnings-ratio is 12,62.

Huge dividend Eastman Chemical

Analysts expect a dividend of 2,61 USD per share. Thus the dividend yield equals 3,48 percent. The average dividend yield of the chemical companies equals a poor 0,35 percent.

Based on the current number of shares Eastman Chemical's market capitalization equals 10,47 billion USD. The Eastman Chemical stock was the past 12 months quite unstable. Since last July the stock is 8 percent higher. This year the stock price moved between 34 and 84 dollar.

Historical stock prices Eastman Chemical

Click here for dividend Eastman Chemical. On Monday, the stock closed at 74,94 USD.

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