NASDAQ:EML

Eastern (EML) Stock Price, News & Analysis

$31.83
-0.18 (-0.56%)
(As of 03:45 PM ET)
Today's Range
$31.70
$32.18
50-Day Range
$23.68
$34.20
52-Week Range
$16.10
$35.78
Volume
12,941 shs
Average Volume
13,462 shs
Market Capitalization
$197.66 million
P/E Ratio
23.23
Dividend Yield
1.38%
Price Target
N/A

Eastern MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.63% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.07
Upright™ Environmental Score
News Sentiment
0.22mentions of Eastern in the last 14 days
Based on 3 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.

1.34 out of 5 stars

Industrial Products Sector

154th out of 168 stocks

Cutlery, Handtools, & General Hardware Industry

6th out of 6 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

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
What to stream this week: Billy Joel sings, Dora explores and 'Food, Inc. 2' chows down
This week’s new streaming entertainment releases include a sequel to the powerful documentary “Food, Inc.,” Dating expert Patti Stanger has a new TV show on The CW and “Dora the Explorer” gets a reboot on Paramount+
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Iowa-UConn women's Final Four match was most-watched hoops game in ESPN history; 14.2M avg. viewers
Iowa’s 71-69 victory over UConn at the women’s Final Four on Friday night averaged 14.2 million viewers on ESPN, making it the most-viewed women’s basketball game on record and the largest audience for an ESPN basketball broadcast
At collapsed Baltimore bridge, focus shifts to the weighty job of removing the massive structure
Engineers in Maryland are focused on the daunting task of removing what had been the Francis Scott Key Bridge from the Patapsco River
Cranes arriving to start removing wreckage from deadly Baltimore bridge collapse
The largest crane on the Eastern Seaboard is arriving by barge so crews can begin removing the wreckage from the deadly Baltimore bridge collapse
Insider Stock Buying Reaches US$548.8k On Eastern
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
The Strongest Militaries in Eastern Europe
Eastern Co.
Q4 2023 Eastern Company Earnings Call
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
4/24/2024
Next Earnings (Estimated)
5/14/2024
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
$3.10 per share
Book Value
$21.24 per share

Miscellaneous

Free Float
5,153,000
Market Cap
$198.78 million
Optionable
Not Optionable
Beta
1.15
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Key Executives

  • Mr. Nicholas Vlahos (Age 42)
    VP, Treasurer, Secretary & CFO
    Comp: $448.19k
  • Mr. Mark A. Hernandez (Age 56)
    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 at the start of the year. Since then, EML shares have increased by 44.7% and is now trading at $31.83.
View the best growth stocks for 2024 here
.

Are investors shorting Eastern?

Eastern saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 35,700 shares, a drop of 9.8% from the March 15th total of 39,600 shares. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 0.6% of the company's shares are sold short.
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, May 14th 2024.
View our EML earnings forecast
.

How were Eastern's earnings last quarter?

The Eastern Company (NASDAQ:EML) issued its quarterly earnings data 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 trailing twelve-month return on equity of 8.80% and a net margin of 3.14%.

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

Eastern announced a quarterly dividend on Monday, February 5th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.11 per share on Friday, March 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Wednesday, February 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 32.12%. 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).

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 4/24/2024 by MarketBeat.com Staff

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