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Mid-Cap Stocks to Outperform the Market This Cycle
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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NASDAQ:EML

Eastern (EML) Stock Price, News & Analysis

$34.20
+0.73 (+2.18%)
(As of 03/27/2024 ET)
Today's Range
$33.04
$35.78
50-Day Range
$23.68
$34.20
52-Week Range
$16.10
$35.78
Volume
30,538 shs
Average Volume
12,602 shs
Market Capitalization
$212.38 million
P/E Ratio
24.96
Dividend Yield
1.29%
Price Target
N/A

Eastern MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
0.69% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.07
Upright™ Environmental Score
News Sentiment
0.13mentions of Eastern in the last 14 days
Based on 4 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.

0.40 out of 5 stars

Industrial Products Sector

164th out of 169 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

2 years on, still no answer to why a China Eastern Boeing 737 crashed, killing all 132 people aboard
Chinese accident investigators have indicated they have not yet determined the cause of a 2022 plane crash that killed all 132 people on board
Pair accused of stealing battery manufacturing secrets from Tesla and starting their own company
Federal prosecutors in New York say two men are charged with starting a business in China using battery manufacturing technology pilfered from Tesla and trying to sell the proprietary information
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
AI supercharges threat of disinformation in a big year for elections globally
Artificial intelligence is supercharging the threat of election disinformation worldwide, making it easy for anyone with a smartphone to create fake – but convincing – content aimed at fooling voters
Zimbabwe predicts a sharp decline in tobacco crop as El Niño takes toll, a year after record harvest
Zimbabwe, Africa's largest tobacco producer, has begun its annual tobacco-selling season with officials and farmers projecting a sharp decline in harvests and quality because of a drought blamed on climate change and worsened by the El Niño weather phenomenon
The IRS launches Direct File, a pilot program for free online tax filing available in 12 states
After weeks of testing, an electronic system for filing returns directly to the IRS is now available for taxpayers from 12 selected states
North Carolina launches statewide sports wagering
People in North Carolina now have more chances to gamble as statewide sports wagering has begun
Federal judge in Texas blocks US labor board rule that would make it easier for workers to unionize
A federal judge in Texas has blocked a new rule by the National Labor Relations Board that would have made it easier for millions of workers to form unions at big companies
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
China raises defense budget by 7.2% as it pushes for global heft and regional tensions continue
China is increasing its defense budget by 7.2% this year, similar to last year's rise
Eastern Co.
Q4 2023 Eastern Company Earnings Call
See More Headlines
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Company Calendar

Last Earnings
4/29/2020
Ex-Dividend for 3/15 Dividend
2/14/2024
Dividend Payable
3/15/2024
Today
3/27/2024
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
$3.18 per share
Book Value
$21.24 per share

Miscellaneous

Free Float
5,153,000
Market Cap
$212.38 million
Optionable
Not Optionable
Beta
1.11
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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 stock has increased by 55.5% and is now trading at $34.20.
View the best growth stocks for 2024 here
.

Are investors shorting Eastern?

Eastern saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 39,600 shares, an increase of 5.9% from the February 29th total of 37,400 shares. Based on an average trading volume of 7,600 shares, the days-to-cover ratio is currently 5.2 days. Approximately 0.7% of the shares of the company are short sold.
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) posted its earnings results on Wednesday, April, 29th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter. The industrial products company earned $65.33 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 declared 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 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend 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 1.36%. 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).

Who are Eastern's major shareholders?

Eastern's stock is owned by many different institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (8.36%), Dimensional Fund Advisors LP (6.06%), Teton Advisors Inc. (4.56%), Vanguard Group Inc. (4.24%), Vanguard Group Inc. (4.24%) and Bridgeway Capital Management LLC (0.89%). 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 3/28/2024 by MarketBeat.com Staff

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