NASDAQ:EML Eastern (EML) Stock Forecast, Price & News $17.15 +0.06 (+0.35%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$16.96▼$17.4050-Day Range$16.29▼$19.6052-Week Range$15.30▼$24.35Volume3,430 shsAverage Volume8,476 shsMarket Capitalization$106.84 millionP/E Ratio10.99Dividend Yield2.57%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Eastern MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish0.81% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.07Upright™ Environmental ScoreNews Sentiment1.13Based on 4 Articles This WeekInsider TradingAcquiring Shares$49,200 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.2.06 out of 5 starsIndustrial Products Sector116th out of 178 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 2.0 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 6.5.Change versus previous monthShort interest in Eastern has recently increased by 23.95%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldEastern pays a meaningful dividend of 2.62%, 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 28.21%. 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 2.8 News and Social Media Coverage News SentimentEastern has a news sentiment score of 1.13. 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 0.81 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Eastern this week, compared to 3 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 $49,200.00 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 10.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Eastern is 10.99, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.63.Price to Book Value per Share RatioEastern has a P/B Ratio of 0.84. 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 HeadlinesJune 6, 2023 | marketbeat.comNATO eastern flank members want to boost support for Ukraine at alliance summit in JulyThe leaders of nine central and eastern European countries say NATO allies should aim at further boosting their support for Ukraine and for its aspiration to become a member of the allianceJune 5, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Eastern (NASDAQ:EML)June 10, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 3, 2023 | investorplace.comWhy AI Will Change Everything About EverythingJune 2, 2023 | americanbankingnews.comCompX International (NYSE:CIX) & Eastern (NASDAQ:EML) Head to Head ContrastMay 30, 2023 | americanbankingnews.comThe Eastern Company (NASDAQ:EML) Short Interest UpdateMay 27, 2023 | americanbankingnews.comEastern (NASDAQ:EML) Receives New Coverage from Analysts at StockNews.comMay 23, 2023 | finance.yahoo.comThe Eastern Company (NASDAQ:EML) is favoured by institutional owners who hold 51% of the companyJune 10, 2023 | Behind the Markets (Ad)The 4th Military Revolution is Happening. There have been 3 military revolutions in the past 100 years. The first was when the tank was invented in 1915. The second was the nuclear bomb in 1945. The third was the "smart bomb" in 1991. Amid the turmoil, there will be many losers. Click here to see how to win instead >>>May 18, 2023 | americanbankingnews.comThe Eastern Company (NASDAQ:EML) Director Charles W. Henry Acquires 2,000 SharesMay 12, 2023 | americanbankingnews.comEastern (NASDAQ:EML) Now Covered by StockNews.comMay 11, 2023 | americanbankingnews.comThe Eastern Company (NASDAQ:EML) to Issue $0.11 Quarterly DividendMay 11, 2023 | finance.yahoo.comQ1 2023 Eastern Company Earnings CallMay 9, 2023 | finance.yahoo.comThe Eastern Company Reports First Quarter 2023 ResultsMay 7, 2023 | americanbankingnews.comEastern (EML) Set to Announce Quarterly Earnings on TuesdayMay 3, 2023 | americanbankingnews.comEastern (NASDAQ:EML) Coverage Initiated by Analysts at StockNews.comMay 2, 2023 | finance.yahoo.comEastern (NASDAQ:EML) Has Announced A Dividend Of $0.11May 1, 2023 | finance.yahoo.comThe Eastern Company to Exit Associated Tool Makers, Ltd.April 30, 2023 | msn.comEastern (EML) Declares $0.11 DividendApril 27, 2023 | finance.yahoo.comThe Eastern Company Declares 331st Consecutive Quarterly Cash DividendApril 27, 2023 | finance.yahoo.comThe Eastern Company Announces Timing of First Quarter Fiscal Year 2023 Earnings Release and Conference CallApril 25, 2023 | americanbankingnews.comEastern (NASDAQ:EML) Now Covered by Analysts at StockNews.comApril 10, 2023 | americanbankingnews.comEastern (NASDAQ:EML) Earns Buy Rating from Analysts at StockNews.comApril 2, 2023 | barrons.comLandslide In East DR Congo Kills 19March 31, 2023 | financialpost.comOil down marginally amid uncertainty over imminent US economic dataMarch 28, 2023 | financialpost.comBudget 2023: Ottawa promises to compensate farmers for Russian fertilizer tariffsMarch 27, 2023 | prnewswire.comGrubMarket Expands Supply of Produce to Ukraine and Romania, and Opens Office in EgyptSee More Headlines EML Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EML Company Calendar Ex-Dividend for 3/15 Dividend2/14/2023Last Earnings3/14/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/12/2023Today6/09/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/14/2023Fiscal 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)$1.56 Trailing P/E Ratio10.99 Forward P/E RatioN/A P/E GrowthN/ANet Income$12.30 million Net Margins3.43% Pretax Margin4.12% Return on Equity8.57% Return on Assets3.99% Debt Debt-to-Equity Ratio0.40 Current Ratio2.69 Quick Ratio1.42 Sales & Book Value Annual Sales$279.27 million Price / Sales0.38 Cash Flow$3.04 per share Price / Cash Flow5.64 Book Value$20.37 per share Price / Book0.84Miscellaneous Outstanding Shares6,230,000Free Float5,216,000Market Cap$106.84 million OptionableNot Optionable Beta1.05 Key ExecutivesMark HernandezDirector, Chief Executive & Operating OfficerNicholas VlahosChief Financial Officer, Secretary & TreasurerKey CompetitorsManitex InternationalNASDAQ:MNTXAscent IndustriesNASDAQ:ACNTNNNASDAQ:NNBRIperionXNASDAQ:IPXBroadwindNASDAQ:BWENView All CompetitorsInsiders & InstitutionsBarington Capital Group L.P.Bought 2,332 shares on 5/16/2023Ownership: 10.111%Ancora Advisors LLCBought 7,500 shares on 5/16/2023Ownership: 1.088%Geode Capital Management LLCBought 676 shares on 5/16/2023Ownership: 0.866%Susquehanna International Group LLPBought 12,579 shares on 5/16/2023Ownership: 0.202%Susquehanna Fundamental Investments LLCSold 2,000 shares on 5/16/2023Ownership: 0.168%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 at the beginning of the year. Since then, EML stock has decreased by 11.0% and is now trading at $17.15. 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, August 14th 2023. View our EML earnings forecast. How were Eastern's earnings last quarter? The Eastern Company (NASDAQ:EML) announced its earnings results on Tuesday, March, 14th. The industrial products company reported $0.11 earnings per share (EPS) for the quarter. The industrial products company had revenue of $69.10 million for the quarter. Eastern had a trailing twelve-month return on equity of 8.57% and a net margin of 3.43%. How often does Eastern pay dividends? What is the dividend yield for Eastern? Eastern announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Monday, May 15th will be given a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Friday, May 12th. 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 2.62%. The dividend payout ratio is 28.21%. 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 variety of retail and institutional investors. Top institutional investors include Barington Capital Group L.P. (10.11%), Gamco Investors INC. ET AL (8.70%), Forager Capital Management LLC (8.39%), Dimensional Fund Advisors LP (6.54%), Renaissance Technologies LLC (2.04%) and Ancora Advisors LLC (1.09%). Insiders that own company stock include Charles W Henry, 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 $17.15. How much money does Eastern make? Eastern (NASDAQ:EML) has a market capitalization of $106.84 million and generates $279.27 million in revenue each year. The industrial products company earns $12.30 million in net income (profit) each year or $1.56 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 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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