How have EML shares performed in 2024?

Eastern's stock was trading at $22.00 at the beginning 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 decrease in short interest during the month of March. As of March 31st, there was short interest totaling 35,700 shares, a decrease of 9.8% from the March 15th total of 39,600 shares. Based on an average daily volume of 11,000 shares, the short-interest 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) released its quarterly earnings data on Tuesday, March, 12th. The industrial products company reported $0.56 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 Monday, February 5th. Investors of record on Thursday, February 15th will be paid 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 1.38%. 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 1.37%. 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 .

NASDAQ:EML

Eastern (EML) Stock Price, News & Analysis

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Free EML Stock Alerts

$31.83

-0.10 (-0.31%)

(As of 11:12 AM ET)

Compare

Today's Range: $31.83
▼
$32.64
50-Day Range: $23.68
▼
$34.20
52-Week Range: $16.10
▼
$35.78

Volume: 4,435 shs
Average Volume: 11,716 shs
Market Capitalization: $197.66 million

P/E Ratio: 23.23
Dividend Yield: 1.38%
Price Target: N/A

Get Eastern alerts:

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: 0.97
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.

1.66 out of 5 stars

Industrial Products Sector

138th out of 166 stocks

Cutlery, Handtools, & General Hardware Industry

6th out of 6 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Eastern.

5.0

Short Interest

Percentage of Shares Shorted
0.63% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Eastern has recently decreased by 9.85%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Eastern pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Eastern does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Eastern is 32.12%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Eastern has received a -397.55% net impact score from Upright. The largest negative impact of Eastern in category "Physical diseases" is driven by its "Cigars", "Cigarettes", and "Tobacco heating products" products. See details.
Environmental Sustainability
The Environmental Impact score for Eastern is -4.07.

3.3

News and Social Media Coverage

News Sentiment
Eastern has a news sentiment score of 0.97. 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 0.65 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Eastern this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for EML on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Eastern to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eastern insiders have not sold or bought any 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.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Eastern is 23.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eastern is 23.23, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.81.
Price to Book Value per Share Ratio
Eastern has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

EML Stock News Headlines

April 8, 2024 | marketbeat.com

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+

April 6, 2024 | marketbeat.com

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

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

March 30, 2024 | marketbeat.com

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

March 29, 2024 | marketbeat.com

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

March 20, 2024 | marketbeat.com

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

March 19, 2024 | marketbeat.com

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

April 10, 2024 | benzinga.com

'Predatory Practices' In Missouri, Washington D.C. Mayor Declares 4/20 Tax Holiday On Medical Marijuana And More Cannabis Reg Updates

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

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April 5, 2024 | 247wallst.com

The Strongest Militaries in Eastern Europe

March 21, 2024 | money.usnews.com

Eastern Co.

March 20, 2024 | businesswire.com

Levi Strauss & Co. to Webcast First Quarter 2024 Earnings Conference Call

March 15, 2024 | seekingalpha.com

The Eastern Company (EML) Q4 2023 Earnings Call Transcript

March 15, 2024 | insidermonkey.com

The Eastern Company (NASDAQ:EML) Q4 2023 Earnings Call Transcript

March 14, 2024 | finance.yahoo.com

Q4 2023 Eastern Company Earnings Call

March 12, 2024 | financialpost.com

Alpha Controls & Instrumentation Welcomes Rice Lake to Their Growing Portfolio

March 7, 2024 | marketwatch.com

NYCB says deposits down 5% after turmoil as it builds up ‘fortress’ balance sheet and seeks to calm investors

February 22, 2024 | financialpost.com

Standard Uranium Mobilizes for Inaugural Drill Program at Atlantic Project, Eastern Athabasca Basin

February 20, 2024 | finance.yahoo.com

The Eastern Company Announces Timing of Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

February 20, 2024 | financialpost.com

Standard Uranium Signs Definitive Agreement to Option Atlantic Project in Eastern Athabasca Basin

February 16, 2024 | insidermonkey.com

10 Most Dangerous Countries that American Tourists Usually Visit

February 12, 2024 | businesswire.com

Moving iMage Technologies to Report Second Quarter Fiscal 2024 Results on February 14, 2024

February 9, 2024 | finance.yahoo.com

The Eastern Company (NASDAQ:EML) Pays A US$0.11 Dividend In Just Four Days

February 7, 2024 | financialpost.com

Stantec to release fourth quarter and full-year 2023 results on February 28, 2024 and host conference call on February 29, 2024

February 5, 2024 | finance.yahoo.com

The Eastern Company Declares 334th Consecutive Quarterly Cash Dividend

February 4, 2024 | forbes.com

Baseball Rookies Ready To Stake Claims On 2024 Big-League Jobs

February 2, 2024 | businesswire.com

Essential Utilities to Report Earnings for Full-Year 2023

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: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Cutlery, handtools, & general hardware
Sub-Industry: Industrial Machinery
Current Symbol: NASDAQ:EML
CUSIP: 27631710
CIK: 31107
Web: www.easterncompany.com
Phone: (203) 729-2255
Fax: 203-723-8653
Employees: 1,199
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.37
Trailing P/E Ratio: 23.42
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $8.59 million
Net Margins: 3.14%
Pretax Margin: 4.02%
Return on Equity: 8.80%
Return on Assets: 4.43%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 2.63
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $273.45 million
Price / Sales: 0.73
Cash Flow: $3.00 per share
Price / Cash Flow: 10.69
Book Value: $21.24 per share
Price / Book: 1.51

Miscellaneous

Outstanding Shares: 6,210,000
Free Float: 5,153,000
Market Cap: $199.28 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EML Stock Analysis - Frequently Asked Questions

How have EML shares performed in 2024?: Eastern's stock was trading at $22.00 at the beginning 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 decrease in short interest during the month of March. As of March 31st, there was short interest totaling 35,700 shares, a decrease of 9.8% from the March 15th total of 39,600 shares. Based on an average daily volume of 11,000 shares, the short-interest 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) released its quarterly earnings data on Tuesday, March, 12th. The industrial products company reported $0.56 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 Monday, February 5th. Investors of record on Thursday, February 15th will be paid 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 1.38%. 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 1.37%. 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 4/16/2024 by MarketBeat.com Staff

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Eastern (EML) Stock Price, News & Analysis

Eastern MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Eastern Stock (NASDAQ:EML)

EML Stock Price History

EML Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

EML Stock Analysis - Frequently Asked Questions

Overall MarketRank^™