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Eastern Bankshares (EBC) is a leading banks-regional business based in the US. It opened the day at $20.94 after a previous close of $21.02. During the day the price has varied from a low of $20.30 to a high of $21.02. The latest price was $20.40 (25 minute delay). Eastern Bankshares is listed on the NASDAQ and employs 2,100 staff. All prices are listed in US Dollars.
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| Open | $20.94 |
|---|---|
| High | $21.02 |
| Low | $20.30 |
| Close | $20.40 |
| Previous close | $21.02 |
| Change | $-0.62 |
| Change % | -2.9496% |
| Volume | 857,776 |
| 52-week range | $15.25 - $22.01 |
|---|---|
| 50-day moving average | $17.94 |
| 200-day moving average | $19.27 |
| Wall St. target price | $18.50 |
| PE ratio | 13.7739 |
| Dividend yield | $0.4 (2.5%) |
| Earnings per share (TTM) | $1.15 |
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $20.4 from 2023-02-02
| 1 week (2023-01-27) | 27.42% |
|---|---|
| 1 month (2022-12-31) | N/A |
| 3 months (2022-11-01) | 7.99% |
| 6 months (2022-08-02) | 1.54% |
| 1 year (2022-02-04) | -2.76% |
|---|---|
| 2 years (2021-02-04) | 25.15% |
| 3 years (2020-01-31) | N/A |
| 5 years (2018-01-31) | N/A |
Valuing Eastern Bankshares stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eastern Bankshares's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Eastern Bankshares's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Eastern Bankshares shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
However, Eastern Bankshares's P/E ratio is best considered in relation to those of others within the banks-regional industry or those of similar companies.
| Revenue TTM | $726.3 million |
|---|---|
| Operating margin TTM | 36.74% |
| Gross profit TTM | $726.3 million |
| Return on assets TTM | 0.87% |
| Return on equity TTM | 6.8% |
| Profit margin | 27.5% |
| Book value | $15.26 |
| Market capitalisation | $2.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 32% of net profits
Recently Eastern Bankshares has paid out, on average, around 32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Eastern Bankshares shareholders could enjoy a 2.5% return on their shares, in the form of dividend payments. In Eastern Bankshares's case, that would currently equate to about $0.4 per share.
While Eastern Bankshares's payout ratio might seem fairly standard, it's worth remembering that Eastern Bankshares may be investing much of the rest of its net profits in future growth.
Eastern Bankshares's most recent dividend payout was on 15 March 2023. The latest dividend was paid out to all shareholders who bought their shares by 2 March 2023 (the "ex-dividend date").
Eastern Bankshares's dividend payout ratio is perhaps best considered in relation to those of similar companies.
Over the last 12 months, Eastern Bankshares's shares have ranged in value from as little as $15.25 up to $22.0062. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Eastern Bankshares's is 0.8134. This would suggest that Eastern Bankshares's shares are less volatile than average (for this exchange).
To put Eastern Bankshares's beta into context you can compare it against those of similar companies.
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and time certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, small business loans, residential real estate loans, home equity, and lines of credit, as well as other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, retirement planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; online, mobile, and telephone banking services; and automated lock box collection and account reconciliation services, as well as various insurance products.
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