Eastern (EML) Stock Price, News & Analysis

Company Overview

Eastern (NASDAQ:EML), based in West Haven, Connecticut, is a diversified industrial manufacturer specializing in secure hardware and metal finishing services. The company operates through two primary segments: Industrial Hardware Products and Security Products, complemented by a Metal Coatings division. Its Industrial Hardware Products segment produces cold-headed fasteners, forgings, hinges and precision components for heavy commercial vehicles, hydraulic cylinders and industrial machinery.

The Security Products segment designs and manufactures a wide range of lock and latch solutions, including padlocks, door hardware, cabinet locks and rental security towers for commercial and institutional applications. Through its Metal Coatings division, Eastern offers anodizing, electroplating, powder coating and painting services to enhance corrosion resistance and surface appearance. These finishing solutions serve customers in the automotive, aerospace, defense and general industrial markets.

Eastern supports its global customer base with manufacturing facilities in the United States and Mexico and distribution channels extending into North America, Asia and Europe. The company’s leadership focuses on operational efficiency, product innovation and strategic acquisitions to drive growth. Emphasizing long-term partnerships, Eastern delivers customized engineering support and reliable supply chain solutions tailored to the evolving needs of industrial and security end markets.

Key Stats

• Today's Range: $23.54 to $24.20
• 50-Day Range: $21.52 to $24.49
• 52-Week Range: $19.06 to $35.03
• Volume: 5,433 shs
• Average Volume: 11,918 shs
• Market Capitalization: $146.16 million
• P/E Ratio: N/A
• Dividend Yield: 1.84%
• Price Target: N/A
• Consensus Rating: N/A

Eastern Stock Analysis - MarketRank™

Eastern scored higher than 16% of companies evaluated by MarketBeat, and ranked 172nd out of 181 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Eastern.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Eastern is -18.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eastern is -18.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Eastern has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.88% of the float of Eastern has been sold short.

Short Interest Ratio / Days to Cover

Eastern has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Eastern has recently increased by 49.39%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Eastern pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eastern does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -4.07

Percentage of Shares Shorted

0.88% of the float of Eastern has been sold short.

Short Interest Ratio / Days to Cover

Eastern has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Eastern has recently increased by 49.39%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.82

News Sentiment

Eastern has a news sentiment score of 0.82. 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 0.59 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Eastern this week, compared to 13 articles on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Eastern insiders have bought more of their company's stock than they have sold. Specifically, they have bought $191,695.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

17.00% 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 Institutions

76.99% of the stock of Eastern is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EML Stock Analysis - Frequently Asked Questions

How have EML shares performed this year?

Eastern's stock was trading at $26.54 on January 1st, 2025. Since then, EML shares have decreased by 9.7% and is now trading at $23.96.

How were Eastern's earnings last quarter?

Eastern Company (The) (NASDAQ:EML) posted its earnings results on Tuesday, August, 5th. The industrial products company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. The industrial products company earned $70.16 million during the quarter, compared to analysts' expectations of $68.87 million. Eastern had a positive trailing twelve-month return on equity of 10.44% and a negative net margin of 3.06%.
Read the conference call transcript.

Who are Eastern's major shareholders?

Top institutional shareholders of Eastern include Minerva Advisors LLC (8.61%), Gamco Investors INC. ET AL (8.38%), Gabelli Funds LLC (2.70%) and Teton Advisors Inc. (2.35%). Insiders that own company stock include Frederick D Disanto, Mark Anthony Hernandez and Charles W Henry.
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.

What other stocks do shareholders of Eastern own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eastern investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Builders FirstSource (BLDR), Abercrombie & Fitch (ANF) and Palo Alto Networks (PANW).

Company Calendar

• Record date for 6/16 Dividend: 5/15/2025
• Ex-Dividend for 6/16 Dividend: 5/15/2025
• Dividend Payable: 6/16/2025
• Last Earnings: 8/05/2025
• Record date for 9/15 Dividend: 8/15/2025
• Ex-Dividend for 9/15 Dividend: 8/15/2025
• Today: 9/07/2025
• Dividend Payable: 9/15/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: PROTECTION - SFTY
• Sub-Industry: Industrial Machinery
• Current Symbol: NASDAQ:EML
• CIK: 31107
• Web: www.easterncompany.com
• Phone: (203) 729-2255
• Fax: 203-723-8653
• Employees: 1,246
• Year Founded: 1858

Profitability

• EPS (Trailing Twelve Months): ($1.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$8.53 million
• Net Margins: -3.06%
• Pretax Margin: 5.19%
• Return on Equity: 10.44%
• Return on Assets: 5.38%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 2.67
• Quick Ratio: 1.33

Sales & Book Value

• Annual Sales: $272.75 million
• Price / Sales: 0.54
• Cash Flow: $3.09 per share
• Price / Cash Flow: 7.75
• Book Value: $19.52 per share
• Price / Book: 1.23

Miscellaneous

• Outstanding Shares: 6,100,000
• Free Float: 5,061,000
• Market Cap: $146.16 million
• Optionable: Not Optionable
• Beta: 1.00