Eastern Stock Price, News & Analysis (NASDAQ:EML) $18.19 +0.04 (+0.22%) (As of 12/1/2023 08:54 PM ET) Add Compare Share Share Today's Range$18.01▼$18.1950-Day Range$16.13▼$19.0052-Week Range$15.30▼$24.35Volume8,700 shsAverage Volume7,359 shsMarket Capitalization$113.51 millionP/E Ratio21.65Dividend Yield2.42%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainability Eastern MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish0.67% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.07Upright™ Environmental ScoreNews Sentiment0.93Based on 3 Articles This WeekInsider TradingAcquiring Shares$268,453 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.1.87 out of 5 starsIndustrial Products Sector92nd out of 165 stocksCutlery, Handtools, & General Hardware Industry2nd 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 Shorted0.67% of the float of Eastern has been sold short.Short Interest Ratio / Days to CoverEastern has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Eastern has recently increased by 10.83%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldEastern pays a meaningful dividend of 2.42%, 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 52.38%. 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 2.7 News and Social Media Coverage News SentimentEastern has a news sentiment score of 0.93. 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 0.52 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Eastern this week, compared to 3 articles on an average week.MarketBeat Follows2 people have added Eastern to their MarketBeat watchlist in the last 30 days. 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 $268,453.00 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 Institutions69.20% 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Eastern is 21.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Eastern is 21.65, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.14.Price to Book Value per Share RatioEastern has a P/B Ratio of 0.88. 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 Stock (NASDAQ:EML)The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. The company offers turnkey returnable packaging solutions, which are used in the assembly processes of vehicles, aircraft, and durable goods, as well as in production processes of plastic packaging products, packaged consumer goods, and pharmaceuticals; designs and manufactures blow mold tools and injection blow mold tooling products, and 2-step stretch blow molds and related components for the stretch blow molding industry; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industries. It also provides rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles; and development and program management services for custom electromechanical and mechanical systems for original equipment manufacturers (OEMs) and customer applications. In addition, the company designs and manufactures proprietary vision technology for OEMs and aftermarket applications, as well as offers aftermarket components to the heavy- and medium-duty truck, motorhome, and bus markets. The Eastern Company was founded in 1858 and is based in Shelton, Connecticut.Read More EML Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EML Stock News HeadlinesNovember 30, 2023 | financialpost.comThe World Needs Canadian Energy to Achieve Climate Goals and Energy SecurityNovember 26, 2023 | finance.yahoo.comEastern (NASDAQ:EML) Will Want To Turn Around Its Return TrendsDecember 4, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 16, 2023 | finance.yahoo.comEgypt Closes Biggest State Asset Sale of Year to Rebuild CoffersNovember 13, 2023 | finance.yahoo.comThe Eastern Company (NASDAQ:EML) Q3 2023 Earnings Call TranscriptNovember 13, 2023 | financialpost.comIsrael Latest: US Strikes Iran-Linked Targets in Eastern SyriaNovember 12, 2023 | finance.yahoo.comIndependent Director of Eastern Picks Up 9.7% More StockNovember 8, 2023 | finance.yahoo.comThe Eastern Company To Present at Virtual Investor Conference on November 15-16, 2023December 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 7, 2023 | finance.yahoo.comThe Eastern Company Reports Third Quarter 2023 ResultsNovember 6, 2023 | investorplace.comDear ACHR Stock Fans, Get Ready for a Major eVTOL Catalyst on Nov. 13October 31, 2023 | finance.yahoo.comThe Eastern Company Declares 333rd Consecutive Quarterly Cash DividendOctober 30, 2023 | finance.yahoo.comThe Eastern Company (NASDAQ:EML) is favoured by institutional owners who hold 50% of the companyOctober 30, 2023 | businesswire.comLi-Cycle to Host Third Quarter 2023 Earnings Conference Call/Webcast on Monday, November 13, 2023 at 4:15 p.m. (Eastern Time)October 20, 2023 | finance.yahoo.comThe Eastern Company Announces Timing Of Third Quarter Fiscal Year 2023 Earnings Release And Conference CallOctober 14, 2023 | benzinga.comTrump Boldly Declares 'Only I Can Protect Israel' Amid Raging Middle Eastern Conflict: 'Nobody Else Will, Nobody Else Can'October 12, 2023 | rttnews.comUS Says Ready To Send Second Carrier If Needed To Eastern Mediterranean October 12, 2023 | marketwatch.com: In surprise move, UAW says 8,700 Ford workers walk off job at Louisville truck plantOctober 11, 2023 | barrons.com4 Killed In East DR Congo Attack, Including 2 Chinese NationalsOctober 5, 2023 | marketwatch.com: ‘The Golden Bachelor’ was ABC’s No. 1 series premiere on HuluOctober 2, 2023 | prnewswire.comZusammenfassung des 32. Wirtschaftsforums in KarpaczOctober 2, 2023 | prnewswire.comSummary of the 32nd Economic Forum in KarpaczOctober 1, 2023 | financialpost.comClimate Looms Large Over Middle East’s Biggest Oil GatheringSeptember 27, 2023 | markets.businessinsider.comGlobal Times: Ten years on since the launch of the China-proposed BRI, a stronger connectivity find foothold in China-Central and Eastern European tiesSeptember 21, 2023 | msn.comOdisha Police Uncover 'Meticulously Planned Scam' in Media Houses Owned by BJD MLA Soumya Ranjan PatnaikSeptember 20, 2023 | msn.comOdisha| Over 350 EML staff forced to avail loans from Gramya Bank: EOWSeptember 15, 2023 | forbes.comCleveland Guardians Top Prospect DeLauter Chase(ing) The DreamSee More Headlines 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 Company Calendar Ex-Dividend for 9/15 Dividend8/14/2023Dividend Payable9/15/2023Last Earnings11/07/2023Ex-Dividend for 12/15 Dividend11/14/2023Today12/03/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/12/2024Get 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)$0.84 Trailing P/E Ratio21.65 Forward P/E RatioN/A P/E GrowthN/ANet Income$12.30 million Net Margins1.91% Pretax Margin2.46% Return on Equity6.68% Return on Assets3.29% Debt Debt-to-Equity Ratio0.36 Current Ratio2.60 Quick Ratio1.28 Sales & Book Value Annual Sales$279.27 million Price / Sales0.41 Cash Flow$2.98 per share Price / Cash Flow6.10 Book Value$20.62 per share Price / Book0.88Miscellaneous Outstanding Shares6,240,000Free Float5,221,000Market Cap$113.51 million OptionableNot Optionable Beta1.11 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Mark A. Hernandez (Age 56)CEO, President & Director Comp: $129Mr. Nicholas Vlahos (Age 41)VP, Treasurer, Secretary & CFO Mr. Jeffrey D. FlemingManaging Director of EberhardMr. Brian R. HacklerPresident of Big 3 Precision ProductsMs. Theresa P. DewsSecretaryMr. Dan W. McGrew (Age 61)President & CEO of Velvac Mr. Angelo M. Labbadia (Age 65)Group Vice President Comp: $489.5kMr. Ernie HawkinsExecutive OfficerMore ExecutivesKey CompetitorsCompX InternationalNYSE:CIXWrap TechnologiesNASDAQ:WRAPUnifiNYSE:UFINNNASDAQ:NNBRLakeland IndustriesNASDAQ:LAKEView All CompetitorsInsiders & InstitutionsComerica BankBought 3,630 shares on 11/21/2023Ownership: 0.058%Minerva Advisors LLCBought 14,284 shares on 11/16/2023Ownership: 6.850%Frederick D DisantoBought 1,700 shares on 11/16/2023Total: $31,824.00 ($18.72/share)Royal Bank of CanadaBought 1,483 shares on 11/15/2023Ownership: 0.329%Minerva Advisors LLCSold 392,078 shares on 11/14/2023Ownership: 0.338%View All Insider TransactionsView All Institutional Transactions EML Stock Analysis - Frequently Asked Questions How have EML shares performed in 2023? Eastern's stock was trading at $19.28 at the beginning of 2023. Since then, EML shares have decreased by 5.7% and is now trading at $18.19. View the best growth stocks for 2023 here. Are investors shorting Eastern? Eastern saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 38,900 shares, an increase of 10.8% from the October 31st total of 35,100 shares. Based on an average daily trading volume, of 8,000 shares, the short-interest ratio is currently 4.9 days. Approximately 0.7% of the shares of the company are short sold. View Eastern's Short Interest. When is Eastern's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 12th 2024. View our EML earnings forecast. How were Eastern's earnings last quarter? The Eastern Company (NASDAQ:EML) posted its earnings results on Tuesday, November, 7th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter. The industrial products company had revenue of $65.64 million for the quarter. Eastern had a net margin of 1.91% and a trailing twelve-month return on equity of 6.68%. How often does Eastern pay dividends? What is the dividend yield for Eastern? Eastern announced a quarterly dividend on Tuesday, October 31st. Investors of record on Wednesday, November 15th will be paid a dividend of $0.11 per share on Friday, December 15th. This represents a $0.44 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend is Tuesday, November 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 2.42%. The dividend payout ratio is 52.38%. 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). Who are Eastern's major shareholders? Eastern's stock is owned by many different retail and institutional investors. Top institutional investors include Minerva Advisors LLC (6.85%), Minerva Advisors LLC (0.34%), Royal Bank of Canada (0.33%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.07%), Comerica Bank (0.06%) and Tower Research Capital LLC TRC (0.02%). Insiders that own company stock include Charles W Henry, Frederick D Disanto, James A Mitarotonda, Mark Anthony Hernandez 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. This page (NASDAQ:EML) was last updated on 12/4/2023 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. Adding The Eastern Company Please log in to your account or sign up in order to add this asset to your watchlist. 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. 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