How does Eastern Bankshares Inc (EBC) change from a tortoise to a hare?

With 1.06 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.24 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $14.95 whereas the lowest price it dropped to was $14.665. The 52-week range on EBC shows that it touched its highest point at $19.40 and its lowest point at $12.23 during that stretch. It currently has a 1-year price target of $20.50. With its current market cap of 3.14 billion, EBC has annualized dividend of $0.46 while the current yield stands at 3.12%. EBC paid its most recent dividend on 1740960000, while the ex-dividend date for that was 1740960000. Beta for the stock currently stands at 0.99.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EBC was up-trending over the past week, with a rise of 3.22%, but this was down by -11.16% over a month. Three-month performance dropped to -15.78% while six-month performance fell -12.84%. The stock gained 18.89% in the past year, while it has lost -14.61% so far this year. A look at the trailing 12-month EPS for EBC yields 0.67 with Next year EPS estimates of 1.72. For the next quarter, that number is 0.33. This implies an EPS growth rate of 40.33% for this year and 15.29% for next year.

Float and Shares Shorts:

At present, 213.91 million EBC shares are outstanding with a float of 196.18 million shares on hand for trading. On 2025-03-31, short shares totaled 4.36 million, which was 219.99999999999997 higher than short shares on 1740700800. In addition to Mr. Robert F. Rivers as the firm’s Executive Chairman of the Board, Mr. Denis K. Sheahan serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.76848 of EBC’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With EBC analysts setting a high price target of 23.0 and a low target of 19.0, the average target price over the next 12 months is 21.0. Based on these targets, EBC could surge 56.14% to reach the target high and rise by 28.99% to reach the target low. Reaching the average price target will result in a growth of 42.57% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.01258 being high and $0.95242 being low. For EBC, this leads to a yearly average estimate of $0.9825. Based on analyst estimates, the high estimate for the next quarter is $0.38 and the low estimate is $0.34. The average estimate for the next quarter is thus $0.37.