NASDAQ:EML - Eastern Stock Price, News, & Analysis

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$26.83 -0.02 (-0.07 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$26.83
Today's Range$26.83 - $27.60
52-Week Range$21.67 - $31.00
Volume7,478 shs
Average Volume8,672 shs
Market Capitalization$167.90 million
P/E Ratio13.85
Dividend Yield1.64%
Beta0.62
The Eastern Company designs, manufactures, and sells industrial hardware, security products, and metal products in the United States and internationally. The company's Industrial Hardware segment offers passenger restraint and vehicular locks, latches, hinges, mirrors, mirror-cameras, light-weight sleeper boxes, and truck bodies for tractor-trailer trucks, specialty commercial vehicles, recreational vehicles, fire and rescue vehicles, school buses, military vehicles, and other vehicles. This segment also provides fasteners and other closure devices. The company's Security Products segment offers e engineered and standard closing and locking systems, including vehicular accessory locks, cabinet locks, cam locks, electric switch locks, tubular key locks, and combination padlocks under the SESAMEE, PRESTOLOCK and SEARCHALERT names. Its products also include timers, drop meters, coin chutes, money boxes, meter cases, smart cards, value transfer stations, smart card readers, card management software, and access control units. In addition, this segment provides coin acceptors and other coin security products for the commercial laundry markets; and circuit boards and other electronic assemblies to various industries, including measurement systems, semiconductor equipment manufacturing, and industrial controls, medical, and military products. The company's Metal Products segment offers expansion shells to support the roofs of underground mines; and specialty malleable and ductile iron castings. This segment's products include mine roof support anchors, couplers for railroad braking systems, support anchoring for construction, and couplers/fittings for utility industries. The company sells its products to original equipment manufacturers, distributors, route operators, and locksmiths. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.

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Industry, Sector and Symbol

Industry Cutlery, handtools, & general hardware
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:EML
CUSIP27631710
Phone203-729-2255

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$204.24 million
Cash Flow$2.1866 per share
Book Value$13.88 per share

Profitability

Net Income$5.04 million

Miscellaneous

Employees1,189
Market Cap$167.90 million
OptionableNot Optionable

Eastern (NASDAQ:EML) Frequently Asked Questions

What is Eastern's stock symbol?

Eastern trades on the NASDAQ under the ticker symbol "EML."

How often does Eastern pay dividends? What is the dividend yield for Eastern?

Eastern declared a quarterly dividend on Thursday, February 7th. Shareholders of record on Friday, March 1st will be given a dividend of $0.11 per share on Friday, March 15th. This represents a $0.44 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, February 28th. View Eastern's Dividend History.

How were Eastern's earnings last quarter?

Eastern Co (NASDAQ:EML) issued its quarterly earnings results on Friday, November, 2nd. The industrial products company reported $0.60 EPS for the quarter. The industrial products company earned $57.36 million during the quarter. Eastern had a net margin of 4.30% and a return on equity of 13.72%. View Eastern's Earnings History.

When is Eastern's next earnings date?

Eastern is scheduled to release their next quarterly earnings announcement on Friday, February 22nd 2019. View Earnings Estimates for Eastern.

Has Eastern been receiving favorable news coverage?

Headlines about EML stock have been trending somewhat negative on Saturday, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eastern earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of Eastern's key competitors?

Who are Eastern's key executives?

Eastern's management team includes the folowing people:
  • Mr. August M. Vlak, Pres, CEO & Director (Age 52)
  • Mr. John L. Sullivan III, VP & CFO (Age 66)
  • Mr. Angelo M. Labbadia, Group VP (Age 61)
  • Christopher Moulton, Head of Corp. Devel. & Investor Relations
  • Ms. Theresa P. Dews, Sec.

Who are Eastern's major shareholders?

Eastern's stock is owned by a number of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (8.12%), Dimensional Fund Advisors LP (6.69%), Teton Advisors Inc. (5.68%), BlackRock Inc. (4.45%), Gabelli Funds LLC (3.95%) and North Star Investment Management Corp. (1.79%). Company insiders that own Eastern stock include Angelo Labbadia, August M Vlak, Frederick D Disanto, James A Mitarotonda and John L Sullivan III. View Institutional Ownership Trends for Eastern.

Which major investors are selling Eastern stock?

EML stock was sold by a variety of institutional investors in the last quarter, including Algert Global LLC, Bank of New York Mellon Corp and Northern Trust Corp. View Insider Buying and Selling for Eastern.

Which major investors are buying Eastern stock?

EML stock was acquired by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Dimensional Fund Advisors LP, BlackRock Inc., Bray Capital Advisors, North Star Investment Management Corp., Geode Capital Management LLC, Gabelli Funds LLC and Bank of America Corp DE. Company insiders that have bought Eastern stock in the last two years include Angelo Labbadia, August M Vlak, Frederick D Disanto, James A Mitarotonda and John L Sullivan III. View Insider Buying and Selling for Eastern.

How do I buy shares of Eastern?

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

What is Eastern's stock price today?

One share of EML stock can currently be purchased for approximately $26.83.

How big of a company is Eastern?

Eastern has a market capitalization of $167.90 million and generates $204.24 million in revenue each year. Eastern employs 1,189 workers across the globe.

What is Eastern's official website?

The official website for Eastern is http://www.easterncompany.com.

How can I contact Eastern?

Eastern's mailing address is 112 BRIDGE ST, NAUGATUCK CT, 06770. The industrial products company can be reached via phone at 203-729-2255 or via email at [email protected]


MarketBeat Community Rating for Eastern (NASDAQ EML)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  63 (Vote Underperform)
Total Votes:  148
MarketBeat's community ratings are surveys of what our community members think about Eastern and other stocks. Vote "Outperform" if you believe EML will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EML will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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