What Is the Stock Symbol for Kodak?
The Eastman Kodak Company, or simply Kodak, is one of America's great corporate names. Founded in 1888, Kodak made photography accessible to the average person and remains a leader in imaging technology. If you are interested in investing in Kodak stock or want to know more about the company, you need to know what the stock symbol is for Kodak. Additional Resources, below, gives links to investor information, company history and more.
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Identification
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Eastman Kodak stock is traded on the New York Stock Exchange (NYSE). The NYSE stock symbol is EK. Use the stock symbol to locate daily price quotes on broker and financial websites. Detailed information about Kodak is available from their online Investor Center, including downloadable copies of the company's annual report (see Additional Resources, below). For a consumer's view of the company, go to kodak.com.
History
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In 1888, George Eastman invented the first simplified camera and opened up photography to the average person. The next year he patented a process for mass producing film in rolls of flexible film. Eastman continued to refine his invention, and by 1898 produced the Folding Pocket Camera that is the ancestor of modern portable cameras. The real marketing breakthrough came with the introduction of the first camera called the Brownie in 1900. Lightweight and inexpensive, the Brownie sold for $1 and a roll of film cost 5 cents. Eastman Kodak continued to be a leader in innovative photographic technology, introducing the first 16-mm movie camera for consumers in 1923 and the first slide projector in 1937. By 1962, U.S. sales topped the $1 billion mark.
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Types
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The name Kodak is virtually synonymous with popular photography around the world. Today the company produces both traditional film cameras, film and a line of digital cameras. They are also heavily involved in various aspects of image processing technology including image copying, processing software and printers. Kodak continues its tradition of innovation with research programs in nanotechnology, materials science and photography.
Size
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Corporate revenues in 2007 reached $13.3 billion. The company has approximately 275 million shares outstanding with a total market capitalization in 2008 of about $2.3 billion. Current information on sales and earnings is available by going to the online Kodak Investor Center and choosing Investor Calendar or by calling tool free 1-800-785-6325.
Features
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There are several options open to investors interested in buying Eastman Kodak stock. As with any stock purchase you should learn about the company before you invest. The online Investor Center provides a great deal of information. Get a copy of the Annual Report by calling (525) 724-4427, or by downloading it from the website. If you have a brokerage account you can buy stock that way. An alternative is to purchase shares directly from Kodak through one of their direct stock purchase agents like Computershare.com (see Additional Resources, below). Eastman Kodak Shares programs feature minimum investments as low as $150 and allow added investments or automatic debit investing with $50 per transaction minimums. Transaction fees are low and there is a one-time fee to open the account of $10 to $20, depending on the partnering agent.
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