NASDAQ:EBC Eastern Bankshares (EBC) Stock Price, News & Analysis → The “Next Bitcoin”? 10 CENT Crypto Set to Explode (From True Market Insiders) (Ad) Free EBC Stock Alerts $13.04 +0.10 (+0.77%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$13.01▼$13.5050-Day Range$12.24▼$13.7852-Week Range$9.93▼$15.07Volume946,254 shsAverage Volume819,752 shsMarket Capitalization$2.30 billionP/E Ratio4.58Dividend Yield3.37%Price Target$15.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Eastern Bankshares alerts: Email Address Eastern Bankshares MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside16.9% Upside$15.25 Price TargetShort InterestHealthy2.99% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.65Upright™ Environmental ScoreNews Sentiment0.80Based on 8 Articles This WeekInsider TradingSelling Shares$526,967 Sold Last QuarterProj. Earnings Growth27.12%From $1.18 to $1.50 Per ShareSee Full Details Hide Full Details 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.4.72 out of 5 starsFinance Sector98th out of 867 stocksFederal Savings Institutions Industry3rd out of 32 stocks 2.2 Analyst's Opinion Consensus RatingEastern Bankshares has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageEastern Bankshares has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.99% of the float of Eastern Bankshares has been sold short.Short Interest Ratio / Days to CoverEastern Bankshares has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Eastern Bankshares has recently decreased by 1.86%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldEastern Bankshares pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEastern Bankshares has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Eastern Bankshares is 15.44%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Eastern Bankshares will have a dividend payout ratio of 29.33% next year. This indicates that Eastern Bankshares will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEastern Bankshares has received a 21.83% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Home equity loans", "Wire transfer services", "Consumer savings accounts provided by brick and mortar banks", "Online banking", and "Consumer transaction accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Eastern Bankshares is -0.65. Previous Next 2.7 News and Social Media Coverage News SentimentEastern Bankshares has a news sentiment score of 0.80. 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 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Eastern Bankshares this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for EBC on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eastern Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $526,967.00 in company stock.Percentage Held by InsidersOnly 1.15% of the stock of Eastern Bankshares is held by insiders.Percentage Held by Institutions71.68% of the stock of Eastern Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Eastern Bankshares are expected to grow by 27.12% in the coming year, from $1.18 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eastern Bankshares is 4.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Eastern Bankshares is 4.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.82.Price to Book Value per Share RatioEastern Bankshares has a P/B Ratio of 0.77. 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 Ad Banyan Hill PublishingForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)Watch my video for all of the details About Eastern Bankshares Stock (NASDAQ:EBC)Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, commercial real estate and construction, small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides trust, financial planning and portfolio management, automated lock box collection, cash management, and account reconciliation services; personal, business, and employee benefits insurance products. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.Read More EBC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EBC Stock News HeadlinesApril 27, 2024 | finance.yahoo.comEastern Bankshares First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagApril 27, 2024 | finance.yahoo.comEastern Bankshares Inc (EBC) (Q1 2024) Earnings Call Transcript Highlights: Navigating ...April 27, 2024 | Banyan Hill Publishing (Ad)Forget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)April 26, 2024 | msn.comEastern Bankshares (EBC) Q1 2024 Earnings Call TranscriptApril 26, 2024 | markets.businessinsider.comKBW Keeps Their Buy Rating on Eastern Bankshares (EBC)April 25, 2024 | businesswire.comEastern Bankshares, Inc. Reports First Quarter 2024 Financial ResultsApril 25, 2024 | americanbankingnews.comEastern Bankshares, Inc. (NASDAQ:EBC) Receives Average Rating of "Hold" from BrokeragesApril 18, 2024 | americanbankingnews.comEastern Bankshares (EBC) Scheduled to Post Earnings on ThursdayApril 27, 2024 | Banyan Hill Publishing (Ad)Forget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)April 17, 2024 | finance.yahoo.comEastern Bankshares, Inc. (EBC)April 5, 2024 | nasdaq.comEBC Crosses Below Key Moving Average LevelApril 4, 2024 | businesswire.comEastern Bankshares, Inc. Announces First Quarter 2024 Earnings Release Date, Conference Call and WebcastMarch 21, 2024 | finance.yahoo.comDirector Luis Borgen Sells 40,288 Shares of Eastern Bankshares Inc (EBC)March 16, 2024 | investing.comEastern Bankshares Inc (EBC)March 16, 2024 | finance.yahoo.comEBC Apr 2024 15.000 callMarch 6, 2024 | businesswire.comEastern Bank Announces DPV Transportation (DPV) As A Commercial Banking CustomerFebruary 25, 2024 | morningstar.comEastern Bankshares Inc Ordinary Shares EBCFebruary 24, 2024 | msn.comEastern Bankshares (EBC) Price Target Increased by 6.45% to 16.83February 22, 2024 | benzinga.comEastern Bankshares Stock (NASDAQ:EBC), Short Interest ReportFebruary 18, 2024 | finance.yahoo.comWith 69% ownership of the shares, Eastern Bankshares, Inc. (NASDAQ:EBC) is heavily dominated by institutional ownersFebruary 17, 2024 | ca.finance.yahoo.comEBC Mar 2024 15.000 callJanuary 29, 2024 | markets.businessinsider.comKBW Remains a Buy on Eastern Bankshares (EBC)January 28, 2024 | finance.yahoo.comEastern Bankshares, Inc. (NASDAQ:EBC) Q4 2023 Earnings Call TranscriptJanuary 26, 2024 | finance.yahoo.comEastern Bankshares, Inc. (EBC) Misses Q4 Earnings EstimatesJanuary 26, 2024 | seekingalpha.comEastern Bankshares, Inc. 2023 Q4 - Results - Earnings Call PresentationJanuary 25, 2024 | finance.yahoo.comCompared to Estimates, Eastern Bankshares, Inc. (EBC) Q4 Earnings: A Look at Key MetricsJanuary 25, 2024 | benzinga.comRecap: Eastern Bankshares Q4 EarningsSee More Headlines Receive EBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eastern Bankshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/27/2021Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today4/27/2024Ex-Dividend for 6/14 Dividend6/03/2024Dividend Payable6/14/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Federal savings institutions Sub-IndustryN/A Current SymbolNASDAQ:EBC CUSIPN/A CIK1810546 Webwww.easternbank.com Phone800-327-8376FaxN/AEmployees1,744Year FoundedN/APrice Target and Rating Average Stock Price Target$15.25 High Stock Price Target$16.50 Low Stock Price Target$14.00 Potential Upside/Downside+16.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.85 Trailing P/E Ratio4.58 Forward P/E Ratio11.05 P/E GrowthN/ANet Income$232.18 million Net Margins49.59% Pretax Margin-22.55% Return on Equity5.75% Return on Assets0.72% Debt Debt-to-Equity Ratio0.01 Current Ratio0.82 Quick Ratio0.82 Sales & Book Value Annual Sales$558.71 million Price / Sales4.12 Cash Flow$1.14 per share Price / Cash Flow11.44 Book Value$16.86 per share Price / Book0.77Miscellaneous Outstanding Shares176,430,000Free Float174,398,000Market Cap$2.30 billion OptionableOptionable Beta0.85 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Robert F. Rivers (Age 59)Chairman & CEO Comp: $2.23MMr. Quincy L. Miller (Age 49)President Comp: $1.09MMr. James B. Fitzgerald (Age 66)CFO, Chief Administrative Officer & Treasurer Comp: $1.1MMs. Kathleen Cloherty Henry Esq. (Age 51)Executive VP, General Counsel & Corporate Secretary Comp: $724.52kMr. Donald Michael Westermann (Age 46)Executive VP & Chief Information Officer of Eastern Bank Comp: $723.05kMs. Jillian A. BelliveauHead of Investor RelationsMs. Nancy Huntington Stager (Age 63)President & CEO of Eastern Bank Foundation More ExecutivesKey CompetitorsBankUnitedNYSE:BKUFlagstar BancorpNYSE:FBCColumbia FinancialNASDAQ:CLBKAxos FinancialNYSE:AXProvident Financial ServicesNYSE:PFSView All CompetitorsInsiders & InstitutionsFiner Wealth Management Inc.Sold 3,786 shares on 4/27/2024Ownership: 0.016%SlateStone Wealth LLCSold 1,500 shares on 4/26/2024Ownership: 0.031%Essex Financial Services Inc.Sold 1,370 shares on 4/24/2024Ownership: 0.044%Hennessy Advisors Inc.Sold 3,000 shares on 4/16/2024Ownership: 0.105%Lynch & Associates INSold 1,000 shares on 4/9/2024Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions EBC Stock Analysis - Frequently Asked Questions Should I buy or sell Eastern Bankshares stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastern Bankshares in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EBC, but not buy additional shares or sell existing shares. View EBC analyst ratings or view top-rated stocks. What is Eastern Bankshares' stock price target for 2024? 3 Wall Street analysts have issued 1-year target prices for Eastern Bankshares' stock. Their EBC share price targets range from $14.00 to $16.50. On average, they predict the company's share price to reach $15.25 in the next year. This suggests a possible upside of 16.9% from the stock's current price. View analysts price targets for EBC or view top-rated stocks among Wall Street analysts. How have EBC shares performed in 2024? Eastern Bankshares' stock was trading at $14.20 at the start of the year. Since then, EBC stock has decreased by 8.2% and is now trading at $13.04. View the best growth stocks for 2024 here. When is Eastern Bankshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our EBC earnings forecast. How were Eastern Bankshares' earnings last quarter? Eastern Bankshares, Inc. (NASDAQ:EBC) announced its quarterly earnings data on Wednesday, October, 27th. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.01. The business had revenue of $145.90 million for the quarter, compared to analyst estimates of $150.95 million. Eastern Bankshares had a net margin of 49.59% and a trailing twelve-month return on equity of 5.75%. How often does Eastern Bankshares pay dividends? What is the dividend yield for Eastern Bankshares? Eastern Bankshares declared a quarterly dividend on Thursday, April 25th. Investors of record on Monday, June 3rd will be given a dividend of $0.11 per share on Friday, June 14th. This represents a $0.44 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date is Monday, June 3rd. Read our dividend analysis for EBC. Is Eastern Bankshares a good dividend stock? Eastern Bankshares (NASDAQ:EBC) pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.40%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EBC will have a dividend payout ratio of 29.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EBC. What ETF holds Eastern Bankshares' stock? Invesco KBW Regional Banking ETF holds 71,771 shares of EBC stock, representing 1.75% of its portfolio. Who are Eastern Bankshares' major shareholders? Eastern Bankshares' stock is owned by many different retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.10%), Essex Financial Services Inc. (0.04%), Beese Fulmer Investment Management Inc. (0.04%), SlateStone Wealth LLC (0.03%), Lynch & Associates IN (0.02%) and Finer Wealth Management Inc. (0.02%). Insiders that own company stock include Bari A Harlam, Greg Allen Sr Shell, Gregory Paul Buscone, Luis Borgen and Nancy Huntington Stager. View institutional ownership trends. How do I buy shares of Eastern Bankshares? Shares of EBC 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. 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