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The price of Eastern Bankshares Inc (NASDAQ: EBC) closed at $16.75 in the last session, down -0.06% from day before closing price of $16.76. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 0.86 million shares were traded. EBC stock price reached its highest trading level at $16.93 during the session, while it also had its lowest trading level at $16.64.
Ratios:
We take a closer look at EBC’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.05 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 11 ’25 when Rosato R David bought 10,000 shares for $15.40 per share. The transaction valued at 154,000 led to the insider holds 20,000 shares of the business.
Jackson Deborah C sold 5,713 shares of EBC for $106,033 on Dec 02 ’24. The Director now owns 67,284 shares after completing the transaction at $18.56 per share. On Dec 02 ’24, another insider, Borgen Luis, who serves as the Director of the company, sold 12,419 shares for $18.56 each. As a result, the insider received 230,497 and left with 29,535 shares of the company.
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 3322094592 and an Enterprise Value of 2562179840. As of this moment, Eastern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.14, and their Forward P/E ratio for the next fiscal year is 9.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 3.858.
Stock Price History:
The Beta on a monthly basis for EBC is 0.96, which has changed by 0.2490679 over the last 52 weeks, in comparison to a change of 0.08572841 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 $12.22. The 50-Day Moving Average of the stock is -4.39%, while the 200-Day Moving Average is calculated to be 0.70%.
Shares Statistics:
According to the various share statistics, EBC traded on average about 1.13M shares per day over the past 3-months and 1642730 shares per day over the past 10 days. A total of 213.91M shares are outstanding, with a floating share count of 195.71M. Insiders hold about 8.11% of the company’s shares, while institutions hold 69.23% stake in the company. Shares short for EBC as of 1741910400 were 4563466 with a Short Ratio of 4.06, compared to 1739491200 on 4346577. Therefore, it implies a Short% of Shares Outstanding of 4563466 and a Short% of Float of 2.33.
Dividends & Splits
The forward annual dividend rate for EBC is 0.46, which was 0.45 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.02684964
