NASDAQ:EML

Eastern (EML) Stock Price, News & Analysis

$28.93
-0.22 (-0.75%)
(As of 05/10/2024 ET)
Today's Range
$28.64
$29.64
50-Day Range
$23.68
$34.20
52-Week Range
$16.10
$35.78
Volume
13,230 shs
Average Volume
27,551 shs
Market Capitalization
$179.66 million
P/E Ratio
18.31
Dividend Yield
1.52%
Price Target
N/A

Eastern MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.81% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.07
Upright™ Environmental Score
News Sentiment
0.09mentions of Eastern in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.97 out of 5 stars

Industrial Products Sector

162nd out of 173 stocks

Cutlery, Handtools, & General Hardware Industry

7th out of 7 stocks

EML stock logo

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.

EML Stock Price History

EML Stock News Headlines

Hungary and Serbia's autocratic leaders to roll out red carpet for China's Xi during Europe tour
Chinese leader Xi Jinping will spend the bulk of his five-day tour in Europe this week in two small countries at the continent’s eastern half
Celebrating excellence in journalism and the arts, Pulitzer Prizes to be awarded Monday
Text journalism's biggest day of the year has arrrived with the annual announcement of the Pulitzer Prizes
READ THIS – If You Missed Out On The AI Boom
Adam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”
As China's Xi Jinping visits Europe, Ukraine, trade and investment are likely to top the agenda
Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on Monday
Congo questions Apple over knowledge of conflict minerals in its supply chain
Congo’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into supply chains
Instagram fraudster 'Jay Mazini' has been sentenced for his crypto scheme that preyed on Muslims
The former Instagram influencer known as “Jay Mazini” has been sentenced to seven years in prison after admitting he stole millions of dollars in various investment scams
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
CSX railroad's first-quarter profit slipped 10% even though the railroad delivered 3% more goods as the mix of shipments it handled shifted to a less-profitable mix
READ THIS – If You Missed Out On The AI Boom
Adam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”
Q1 2024 Eastern Company Earnings Call
The Latest on the EV Bloodbath
Insider Stock Buying Reaches US$548.8k On Eastern
The Strongest Militaries in Eastern Europe
Eastern Co.
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/14/2024
Last Earnings
3/12/2024
Dividend Payable
3/15/2024
Today
5/10/2024
Ex-Dividend for 6/17 Dividend
5/14/2024
Dividend Payable
6/17/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cutlery, handtools, & general hardware
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:EML
CUSIP
27631710
Employees
1,199
Year Founded
N/A

Profitability

Net Income
$8.59 million
Pretax Margin
4.02%

Debt

Sales & Book Value

Annual Sales
$273.45 million
Cash Flow
$2.80 per share
Book Value
$21.24 per share

Miscellaneous

Free Float
5,153,000
Market Cap
$179.60 million
Optionable
Not Optionable
Beta
1.16
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Key Executives

  • Mr. Nicholas Vlahos (Age 42)
    VP, Treasurer, Secretary & CFO
    Comp: $448.19k
  • Mr. Mark A. Hernandez (Age 57)
    CEO, President & Director
    Comp: $129
  • Mr. Jeffrey D. Fleming
    Managing Director of Eberhard
  • Mr. Brian R. Hackler
    President of Big 3 Precision Products
  • Ms. Theresa P. Dews
    Secretary
  • Mr. Dan W. McGrew (Age 62)
    President & CEO of Velvac
  • Mr. Angelo M. Labbadia (Age 66)
    Group Vice President
    Comp: $489.5k
  • Mr. Ernie Hawkins
    Executive Officer

EML Stock Analysis - Frequently Asked Questions

How have EML shares performed in 2024?

Eastern's stock was trading at $22.00 on January 1st, 2024. Since then, EML shares have increased by 31.5% and is now trading at $28.93.
View the best growth stocks for 2024 here
.

When is Eastern's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our EML earnings forecast
.

How were Eastern's earnings last quarter?

The Eastern Company (NASDAQ:EML) issued its earnings results on Tuesday, March, 12th. The industrial products company reported $0.56 earnings per share (EPS) for the quarter. The industrial products company earned $67 million during the quarter. Eastern had a net margin of 3.14% and a trailing twelve-month return on equity of 8.80%.

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

Eastern announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.11 per share on Monday, June 17th. This represents a $0.44 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Tuesday, May 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 1.42%. The dividend payout ratio is 27.85%. 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 a variety of retail and institutional investors. Top institutional investors include North Star Investment Management Corp. (2.41%), Empowered Funds LLC (0.25%) and Wittenberg Investment Management Inc. (0.17%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EML) was last updated on 5/10/2024 by MarketBeat.com Staff

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