Eastside Distilling (BLNE) Stock Price, News & Analysis

Company Overview

Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand. It also offers gin and ready-to-drink products; and canning and bottling services to the craft beer and cider industries. The company sells its products on a wholesale basis to distributors in the United States. Eastside Distilling, Inc. was founded in 2008 and is headquartered in Portland, Oregon.

Key Stats

• Today's Range: $1.08 to $1.20
• 50-Day Range: $1.15 to $2.43
• 52-Week Range: $0.89 to $29.80
• Volume: 191,247 shs
• Average Volume: 592,820 shs
• Market Capitalization: $10.51 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BLNE Stock Analysis - Frequently Asked Questions

How have BLNE shares performed this year?

Eastside Distilling's stock was trading at $7.21 on January 1st, 2025. Since then, BLNE shares have decreased by 83.9% and is now trading at $1.16.
View the best growth stocks for 2025 here.

How were Eastside Distilling's earnings last quarter?

Eastside Distilling, Inc. (NASDAQ:BLNE) issued its quarterly earnings data on Tuesday, May, 20th. The company reported ($6.14) earnings per share (EPS) for the quarter. The business had revenue of $1.83 million for the quarter. Eastside Distilling had a negative net margin of 74.63% and a negative trailing twelve-month return on equity of 2,066.36%.

When did Eastside Distilling's stock split?

Eastside Distilling shares reverse split on Wednesday, March 12th 2025. A 1-10 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, March 11th 2025. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Eastside Distilling's major shareholders?

Eastside Distilling's top institutional shareholders include EMG Holdings L.P. (2.35%).
View institutional ownership trends.

How do I buy shares of Eastside Distilling?

Shares of BLNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 5/20/2025
• Today: 5/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Beverages
• Sub-Industry: Beer & Liquor
• Current Symbol: NASDAQ:BLNE
• CIK: 1534708
• Web: N/A
• Phone: (971) 888-4264
• Fax: N/A
• Employees: 70
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($37.00)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,530,000.00
• Net Margins: -74.63%
• Pretax Margin: -72.48%
• Return on Equity: -2,066.36%
• Return on Assets: -31.99%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.28
• Quick Ratio: 0.18

Sales & Book Value

• Annual Sales: $3.91 million
• Price / Sales: 2.47
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.55 per share
• Price / Book: 2.11

Miscellaneous

• Outstanding Shares: 8,335,000
• Free Float: 3,732,000
• Market Cap: $9.67 million
• Optionable: N/A
• Beta: 1.15