NASDAQ:EML Eastern - EML Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding The Eastern Company Please log in to your account or sign up in order to add this asset to your watchlist. $16.86 +0.26 (+1.57%) (As of 03/17/2023 08:54 PM ET) Add Compare Share Share Today's Range$16.80▼$17.0050-Day Range$15.86▼$23.3752-Week Range$15.30▼$24.99Volume11,800 shsAverage Volume10,654 shsMarket Capitalization$104.87 millionP/E Ratio8.69Dividend Yield2.61%Price TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Eastern MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.81% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.07Upright™ Environmental ScoreNews Sentiment0.59Based on 13 Articles This WeekInsider TradingAcquiring Shares$16,000 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.08 out of 5 starsIndustrial Products Sector113th out of 177 stocksCutlery, Handtools, & General Hardware Industry6th out of 6 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Eastern. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.81% of the float of Eastern has been sold short.Short Interest Ratio / Days to CoverEastern has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Eastern has recently decreased by 0.21%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldEastern pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEastern does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Eastern is 22.68%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEastern has received a -397.55% net impact score from Upright. The largest negative impact of Eastern in category "Physical diseases" is driven by its "Cigars", "Cigarettes", and "Tobacco heating products" products. See details.Environmental SustainabilityThe Environmental Impact score for Eastern is -4.07. Previous Next 2.0 News and Social Media Coverage News SentimentEastern has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Eastern this week, compared to 2 articles on an average week. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eastern insiders have bought more of their company's stock than they have sold. Specifically, they have bought $16,000.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders16.31% 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 Institutions67.54% of the stock of Eastern is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Eastern is 8.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Eastern is 8.69, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 13.61.Price to Book Value per Share RatioEastern has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Eastern (NASDAQ:EML) StockThe Eastern Co. engages in the design, manufacture and sale of industrial hardware, security products and metal products. It operates through the following segments: Engineered Solutions and Diversified Products. The Engineered Solutions segment consists of Big 3 Precision. The Diversified Products segment consists of Frazer & Jones, Greenwald Industries, and Argo EMS. The company was founded by Eben Tuttle in October 1858 and is headquartered in Shelton, CT.Read More Receive EML Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eastern and its competitors with MarketBeat's FREE daily newsletter. Email Address EML Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comThe Eastern Company (NASDAQ:EML) Q4 2022 Earnings Call TranscriptMarch 20, 2023 | news.bitcoin.comBitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on SundayMarch 20, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 19, 2023 | bitcoinist.comEthereum Price Plummets As Whale Transfers $33 Million ETH To BinanceMarch 19, 2023 | americanbankingnews.comMichael J. Mardy Purchases 1,000 Shares of The Eastern Company (NASDAQ:EML) StockMarch 18, 2023 | americanbankingnews.comEastern (NASDAQ:EML) Earns Buy Rating from Analysts at StockNews.comMarch 16, 2023 | finance.yahoo.comQ4 2022 Eastern Co Earnings CallMarch 14, 2023 | msn.comThe Eastern Company GAAP EPS of $1.77, revenue of $279.2MMarch 20, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 14, 2023 | finance.yahoo.comThe Eastern Company Reports Fourth Quarter And Full-Year 2022 Results Full-year Net Sales From Continuing Operations Increased 13%March 14, 2023 | marketwatch.comMarket Snapshot: U.S. stock futures rise as traders eye inflation data and bank situationMarch 13, 2023 | americanbankingnews.comEastern (EML) Set to Announce Earnings on TuesdayMarch 9, 2023 | businesswire.comEastern Bank Launches Equity Alliance for Business, Further Advancing Growth Opportunities for Underrepresented Business OwnersMarch 9, 2023 | ft.comMilitary briefing: Ukraine’s battle of diminishing returns for BakhmutMarch 7, 2023 | marketwatch.comMarket Snapshot: U.S. stock futures inch higher ahead of Powell testimonyMarch 2, 2023 | businesswire.comHeartBeam to Host Fourth Quarter and Full Year 2022 Results Conference Call on Thursday March 16, 2023 at 4:30 p.m. Eastern TimeMarch 1, 2023 | marketwatch.comDigging into President Biden's economic agenda: Join us live at noon EasternMarch 1, 2023 | marketwatch.com: Live Q&A: Watch the White House National Economic Council’s Bharat RamamurtiMarch 1, 2023 | finance.yahoo.comDeclining Stock and Solid Fundamentals: Is The Market Wrong About The Eastern Company (NASDAQ:EML)?February 28, 2023 | news.bitcoin.comBitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold CollectionFebruary 23, 2023 | finance.yahoo.comThe Eastern Company Announces Timing of Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference CallFebruary 7, 2023 | finance.yahoo.comThe Eastern Company Declares 330th Regular Quarterly Cash DividendFebruary 3, 2023 | investing.comCryptocurrency Exchange Kraken Shuts Down Middle Eastern OperationsJanuary 31, 2023 | benzinga.comBiden Says Won't Give F-16s To Ukraine But Will Visit This Crucial Eastern European Ally SoonJanuary 30, 2023 | seekingalpha.comEastern Bankshares: Sell And Move OnJanuary 30, 2023 | rttnews.com4 Killed In Russian Attacks As Fierce Battles Rage In South And East Ukraine January 27, 2023 | 247wallst.comHorrifying Images of the Iraq WarSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EML Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eastern and its competitors with MarketBeat's FREE daily newsletter. Email Address EML Company Calendar Last Earnings4/29/2020Ex-Dividend for 3/15 Dividend2/14/2023Dividend Payable3/15/2023Today3/19/2023Next Earnings (Estimated)5/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Cutlery, handtools, & general hardware Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNASDAQ:EML CUSIP27631710 CIK31107 Webwww.easterncompany.com Phone(203) 729-2255Fax203-723-8653Employees1,191Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.94 Trailing P/E Ratio8.69 Forward P/E RatioN/A P/E GrowthN/ANet Income$9.35 million Net Margins4.34% Pretax Margin5.16% Return on Equity9.25% Return on Assets4.16% Debt Debt-to-Equity Ratio0.44 Current Ratio2.67 Quick Ratio1.49 Sales & Book Value Annual Sales$279.27 million Price / Sales0.38 Cash Flow$3.03 per share Price / Cash Flow5.57 Book Value$18.26 per share Price / Book0.92Miscellaneous Outstanding Shares6,220,000Free Float5,207,000Market Cap$104.87 million OptionableNot Optionable Beta1.04 Key ExecutivesMark HernandezChief Executive Officer & DirectorNicholas VlahosChief Financial Officer, Secretary & TreasurerKey CompetitorsFathom Digital ManufacturingNYSE:FATHVinco VenturesNASDAQ:BBIGManitex InternationalNASDAQ:MNTXLakeland IndustriesNASDAQ:LAKEIperionXNASDAQ:IPXView All CompetitorsInsiders & InstitutionsMichael J MardyBought 1,000 shares on 3/16/2023Total: $16,000.00 ($16.00/share)Forager Capital Management LLCBought 20,814 shares on 2/15/2023Ownership: 7.462%Morgan StanleySold 541 shares on 2/15/2023Ownership: 0.053%Minerva Advisors LLCBought 910 shares on 2/13/2023Ownership: 6.578%Teton Advisors Inc.Sold 2,400 shares on 2/13/2023Ownership: 4.752%View All Insider TransactionsView All Institutional Transactions EML Stock - Frequently Asked Questions How have EML shares performed in 2023? Eastern's stock was trading at $19.28 on January 1st, 2023. Since then, EML shares have decreased by 12.6% and is now trading at $16.86. View the best growth stocks for 2023 here. When is Eastern's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023. View our EML earnings forecast. How were Eastern's earnings last quarter? The Eastern Company (NASDAQ:EML) posted its quarterly earnings results on Wednesday, April, 29th. The industrial products company reported $0.46 earnings per share for the quarter. The industrial products company earned $65.33 million during the quarter. Eastern had a trailing twelve-month return on equity of 9.25% and a net margin of 4.34%. How often does Eastern pay dividends? What is the dividend yield for Eastern? Eastern declared a quarterly dividend on Tuesday, February 7th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.11 per share on Wednesday, March 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Tuesday, February 14th. Read our dividend analysis for EML. Is Eastern a good dividend stock? Eastern (NASDAQ:EML) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.65%. The dividend payout ratio is 22.68%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for EML. What other stocks do shareholders of Eastern own? Based on aggregate information from My MarketBeat watchlists, some companies that other Eastern investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), AMC Entertainment (AMC), Chaarat Gold (CGH), Bank of America (BAC), First Data (FDC), Apollo Global Management (APO), Ciena (CIEN) and China Unicom (Hong Kong) (CHU). What is Eastern's stock symbol? Eastern trades on the NASDAQ under the ticker symbol "EML." Who are Eastern's major shareholders? Eastern's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Gamco Investors INC. ET AL (8.69%), Forager Capital Management LLC (7.46%), Dimensional Fund Advisors LP (6.73%), Minerva Advisors LLC (6.58%), Teton Advisors Inc. (4.75%) and Renaissance Technologies LLC (2.02%). Insiders that own company stock include Frederick D Disanto, James A Mitarotonda and Michael J Mardy. View institutional ownership trends. How do I buy shares of Eastern? Shares of EML stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Eastern's stock price today? One share of EML stock can currently be purchased for approximately $16.86. How much money does Eastern make? Eastern (NASDAQ:EML) has a market capitalization of $104.87 million and generates $279.27 million in revenue each year. The industrial products company earns $9.35 million in net income (profit) each year or $1.94 on an earnings per share basis. How many employees does Eastern have? The company employs 1,191 workers across the globe. How can I contact Eastern? Eastern's mailing address is 112 BRIDGE ST, NAUGATUCK CT, 06770. The official website for the company is www.easterncompany.com. The industrial products company can be reached via phone at (203) 729-2255, via email at ir@easterncompany.com, or via fax at 203-723-8653. This page (NASDAQ:EML) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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