NYSE:EVEaton Vance Stock Price, Forecast & News

Eaton Vance's stock was trading at $33.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EV shares have increased by 12.9% and is now trading at $37.26. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eaton Vance in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Eaton Vance.

Eaton Vance is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Eaton Vance.

Eaton Vance Corp (NYSE:EV) announced its quarterly earnings results on Wednesday, May, 20th. The asset manager reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.71 by $0.09. The asset manager earned $405.90 million during the quarter, compared to analyst estimates of $421.55 million. Eaton Vance had a return on equity of 32.92% and a net margin of 22.48%. The company's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.89 EPS. View Eaton Vance's earnings history.

Eaton Vance announced a quarterly dividend on Thursday, April 16th. Stockholders of record on Thursday, April 30th will be paid a dividend of $0.375 per share on Friday, May 15th. This represents a $1.50 annualized dividend and a dividend yield of 4.03%. The ex-dividend date is Wednesday, April 29th. View Eaton Vance's dividend history.

Eaton Vance announced that its board has authorized a share repurchase program on Wednesday, July 10th 2019, which allows the company to buyback 8,000,000 shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

7 equities research analysts have issued 1 year price objectives for Eaton Vance's stock. Their forecasts range from $35.00 to $49.00. On average, they anticipate Eaton Vance's stock price to reach $39.71 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View analysts' price targets for Eaton Vance.

Press coverage about EV stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eaton Vance earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Eaton Vance.

Eaton Vance saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,570,000 shares, a drop of 35.9% from the June 15th total of 2,450,000 shares. Based on an average daily volume of 933,500 shares, the short-interest ratio is currently 1.7 days. Approximately 1.4% of the shares of the stock are sold short. View Eaton Vance's Current Options Chain.

Some companies that are related to Eaton Vance include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Main Street Capital (MAIN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eaton Vance investors own include Exxon Mobil (XOM), AT&T (T), Cisco Systems (CSCO), Johnson & Johnson (JNJ), PepsiCo (PEP), Pfizer (PFE), Intel (INTC), 3M (MMM), Verizon Communications (VZ) and AbbVie (ABBV).

Eaton Vance trades on the New York Stock Exchange (NYSE) under the ticker symbol "EV."

Eaton Vance's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), Polianta Ltd (0.02%), Livforsakringsbolaget Skandia Omsesidigt (0.01%) and Carroll Financial Associates Inc. (0.00%). Company insiders that own Eaton Vance stock include Ann E Berman, Brian D Langstraat, Daniel C Cataldo, Leo I Higdon Jr, Matthew J Witkos, Thomas E Faust Jr and Winthrop H Smith Jr. View institutional ownership trends for Eaton Vance.

EV stock was sold by a variety of institutional investors in the last quarter, including Carroll Financial Associates Inc.. Company insiders that have sold Eaton Vance company stock in the last year include Ann E Berman, Brian D Langstraat, Daniel C Cataldo, Leo I Higdon Jr, Matthew J Witkos, and Thomas E Faust Jr. View insider buying and selling activity for Eaton Vance.

EV stock was purchased by a variety of institutional investors in the last quarter, including Polianta Ltd, Livforsakringsbolaget Skandia Omsesidigt, and Envestnet Asset Management Inc.. View insider buying and selling activity for Eaton Vance.

Shares of EV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EV stock can currently be purchased for approximately $37.26.

Eaton Vance has a market capitalization of $4.25 billion and generates $1.68 billion in revenue each year. The asset manager earns $400.04 million in net income (profit) each year or $3.45 on an earnings per share basis. Eaton Vance employs 1,871 workers across the globe.

The official website for Eaton Vance is www.eatonvance.com.

Eaton Vance's mailing address is TWO INTERNATIONAL PLACE, BOSTON MA, 02110. The asset manager can be reached via phone at 617-482-8260.