Eastern (EML) Stock Price, News & Analysis

Company Overview

Eastern (NASDAQ: EML), also known as The Eastern Company, is a manufacturer of engineered industrial and security products. The company develops and produces locks, latches, access-control hardware, safety products and other specialized components used in commercial, industrial, transportation and infrastructure applications.

Eastern’s product portfolio has included mechanical and electronic locking systems, cabinet and enclosure hardware, vehicle and equipment components, and metal castings and assemblies. Its products are sold through business-to-business channels and are used by original equipment manufacturers, distributors and industrial customers.

Founded in 1858, Eastern has built a long history of serving industrial and security markets. The company has operated manufacturing and sales activities in the United States and internationally, serving customers across North America and other global markets.

Key Stats

• Today's Range: $24.01 to $24.78
• 50-Day Range: $23.72 to $27.96
• 52-Week Range: $17.61 to $29.91
• Volume: 3,674 shs
• Average Volume: 20,685 shs
• Market Capitalization: $145.74 million
• P/E Ratio: 18.07
• Dividend Yield: 1.82%
• Price Target: N/A
• Consensus Rating: Hold

Eastern Stock Analysis - MarketRank™

Eastern scored higher than 34% of companies evaluated by MarketBeat, and ranked 537th out of 669 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Eastern has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eastern has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Eastern is 18.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eastern is 18.33, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.18.

Price to Book Value per Share Ratio

Eastern has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.10% of the float of Eastern has been sold short.

Short Interest Ratio / Days to Cover

Eastern has a short interest ratio ("days to cover") of 7.95.

Change versus previous month

Short interest in Eastern has recently increased by 22.38%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Eastern pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eastern does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Eastern is 32.84%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.72

News Sentiment

Eastern has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Eastern this week, compared to 10 articles on an average week.

Search Interest

1 people have searched for EML on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Eastern insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.40% of the stock of Eastern is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

76.99% of the stock of Eastern is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/11/2026
• Record date for 9/15 Dividend: 8/14/2026
• Ex-Dividend for 9/15 Dividend: 8/14/2026
• Dividend Payable: 9/15/2026
• Today: 9/28/2026
• Next Earnings (Estimated): 11/10/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Industrial Machinery & Supplies & Components
• Current Symbol: NASDAQ:EML
• CIK: 31107
• Web: www.easterncompany.com
• Phone: (203) 729-2255
• Fax: 203-723-8653
• Employees: 1,246
• Year Founded: 1858

Profitability

• EPS (Trailing Twelve Months): $1.34
• Trailing P/E Ratio: 17.98
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.13 million
• Net Margins: 3.44%
• Pretax Margin: 4.61%
• Return on Equity: 3.38%
• Return on Assets: 1.89%

Debt

• Debt-to-Equity Ratio: 0.34
• Current Ratio: 2.80
• Quick Ratio: 1.32

Sales & Book Value

• Annual Sales: $248.97 million
• Price / Sales: 0.58
• Cash Flow: $2.47 per share
• Price / Cash Flow: 9.77
• Book Value: $20.54 per share
• Price / Book: 1.17

Miscellaneous

• Outstanding Shares: 6,020,000
• Free Float: 4,911,000
• Market Cap: $145.06 million
• Optionable: Not Optionable
• Beta: 0.87