In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Eastern Bankshares Inc (NASDAQ: EBC) closed at $16.21 up 2.08% from its previous closing price of $15.88. In other words, the price has increased by $2.08 from its previous closing price. On the day, 1.05 million shares were traded. EBC stock price reached its highest trading level at $16.235 during the session, while it also had its lowest trading level at $15.89.
Ratios:
For a deeper understanding of Eastern Bankshares Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
On September 12, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $16.
JP Morgan Downgraded its Neutral to Underweight on January 31, 2023, whereas the target price for the stock was revised from $19.50 to $15.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 13 ’25 when Borgen Luis sold 2,348 shares for $15.68 per share. The transaction valued at 36,817 led to the insider holds 27,187 shares of the business.
Borgen Luis sold 2,348 shares of EBC for $36,629 on May 20 ’25. The Director now owns 29,011 shares after completing the transaction at $15.60 per share. On May 13 ’25, another insider, LUIS BORGEN, who serves as the Director of the company, bought 4,696 shares for $15.66 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EBC now has a Market Capitalization of 3428058112 and an Enterprise Value of 2760310016. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.59 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 5.023.
Stock Price History:
The Beta on a monthly basis for EBC is 0.95, which has changed by 0.056714416 over the last 52 weeks, in comparison to a change of 0.16657472 over the same period for the S&P500. Over the past 52 weeks, EBC has reached a high of $19.40, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is 5.16%, while the 200-Day Moving Average is calculated to be -1.79%.
Shares Statistics:
For the past three months, EBC has traded an average of 1.52M shares per day and 1308870 over the past ten days. A total of 211.46M shares are outstanding, with a floating share count of 194.27M. Insiders hold about 8.14% of the company’s shares, while institutions hold 68.34% stake in the company. Shares short for EBC as of 1753920000 were 7038356 with a Short Ratio of 4.62, compared to 1751241600 on 7244355. Therefore, it implies a Short% of Shares Outstanding of 7038356 and a Short% of Float of 3.37.
Dividends & Splits
According to the company, the forward annual dividend rate for EBC is 0.48, from 0.49 in the trailing year. Against a Trailing Annual Dividend Yield of 0.030856423
Earnings Estimates
The stock of Eastern Bankshares Inc (EBC) is currently drawing attention from 4.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.42, with high estimates of $0.45 and low estimates of $0.4.
Analysts are recommending an EPS of between $1.61 and $1.55 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $1.99, with 4.0 analysts recommending between $2.03 and $1.94.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $243.6M this quarter.It ranges from a high estimate of $243.6M to a low estimate of $243.6M. As of the current estimate, Eastern Bankshares Inc’s year-ago sales were $203.38MFor the next quarter, 1 analysts are estimating revenue of $286.12M. There is a high estimate of $286.12M for the next quarter, whereas the lowest estimate is $286.12M.
A total of 1 analysts have provided revenue estimates for EBC’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $1.01B, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $731.51MBased on 1 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.26B and the low estimate is $1.26B.
