It’s Not Over Yet For Eastern Bankshares Inc. (NASDAQ: EBC)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

Eastern Bankshares Inc. is listed on the NASDAQ as a member of the Financial sector and is a part of the Banks – Regional industry. The current market capitalization of Eastern Bankshares Inc. is $2.63B. A total of 1.79 million shares were traded on the day, compared to an average of 758.70K shares.

In the most recent transaction, Borgen Luis sold 4,782 shares of EBC for 14.07 per share on May 15 ’24. After the transaction, the Director now owns 41,954 company shares. In a previous transaction on May 15 ’24, Jackson Deborah C sold 2,200 shares at 14.07 per share. EBC shares that Director owns now total 72,997.

Among the insiders who sold shares, Harlam Bari A disposed of 1,913 shares on May 15 ’24 at a per-share price of $14.07. This resulted in the Director holding 73,912 shares of EBC after the transaction. In another insider transaction, Borgen Luis sold 40,288 shares at $13.08 per share on Mar 18 ’24. Company shares held by the Director now total 42,040.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Eastern Bankshares Inc. pays an annual dividend of $0.43, resulting in a dividend yield of 2.89%, and it has a price to earnings (P/E) ratio of 5.21. EBC’s most recent ex-dividend date was 6/3/2024 when it declared a $0.11 quarterly dividend that was paid in cash on 6/14/2024. Previously, the company paid the dividend on 3/15/2024 with an ex-dividend date of 2/29/2024. The EBC stock dividend was $0.11 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, EBC has a high of $15.07 and a low of $10.65.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $16.72, while its Total Shareholder’s Equity was $3.41B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EBC is Buy with a score of 4.25.

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