Eaton Vance Stock Price, News & Analysis (NYSE:EV)

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

Eaton Vance declared a quarterly dividend on Wednesday, October 9th. Investors of record on Thursday, October 31st will be given a dividend of $0.375 per share on Friday, November 15th. This represents a $1.50 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Wednesday, October 30th. This is a positive change from Eaton Vance's previous quarterly dividend of $0.35. View Eaton Vance's Dividend History.

Eaton Vance announced that its Board of Directors has authorized a share buyback plan on Wednesday, July 10th 2019, which allows the company to repurchase 8,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

Eaton Vance Corp (NYSE:EV) released its quarterly earnings results on Tuesday, August, 27th. The asset manager reported $0.90 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.87 by $0.03. The asset manager earned $431.24 million during the quarter, compared to analysts' expectations of $433.98 million. Eaton Vance had a return on equity of 35.45% and a net margin of 23.51%. The firm's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.82 EPS. View Eaton Vance's Earnings History.

Eaton Vance is scheduled to release their next quarterly earnings announcement on Tuesday, November 26th 2019. View Earnings Estimates for Eaton Vance.

7 analysts have issued 1-year target prices for Eaton Vance's stock. Their forecasts range from $39.00 to $50.00. On average, they expect Eaton Vance's stock price to reach $43.17 in the next twelve months. This suggests that the stock has a possible downside of 3.1%. View Analyst Price Targets for Eaton Vance.

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

News stories about EV stock have trended negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eaton Vance earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Eaton Vance.

Eaton Vance saw a increase in short interest in September. As of September 30th, there was short interest totalling 4,370,000 shares, an increase of 29.3% from the August 30th total of 3,380,000 shares. Based on an average daily trading volume, of 694,300 shares, the short-interest ratio is presently 6.3 days. Currently, 4.0% 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 LEG & GEN GRP P/S (LGGNY), Ameriprise Financial (AMP), KKR & Co Inc (KKR), Franklin Resources (BEN), Oaktree Capital Group LLC Unit (OAK), Apollo Global Management (APO), Invesco (IVZ), Morningstar (MORN), Janus Henderson Group (JHG), Lazard (LAZ), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Evercore (EVR) and Ares Management (ARES).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eaton Vance investors own include Cisco Systems (CSCO), AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Intel (INTC), PepsiCo (PEP), Energy Transfer LP Unit (ET), IBM (IBM), Amgen (AMGN) and Ford Motor (F).

Eaton Vance's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.18%), Triad Investment Management (0.07%), Nisa Investment Advisors LLC (0.04%), Pacer Advisors Inc. (0.04%), State of Alaska Department of Revenue (0.02%) and DNB Asset Management AS (0.01%). Company insiders that own Eaton Vance stock include Brian D Langstraat, Dorothy E Puhy, Jeffrey P Beale, Leo I Higdon Jr, Matthew J Witkos, Payson F Swaffield, 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 State of Alaska Department of Revenue, Triad Investment Management, Pacer Advisors Inc., Gateway Investment Advisers LLC, Crossmark Global Holdings Inc. and Nisa Investment Advisors LLC. Company insiders that have sold Eaton Vance company stock in the last year include Brian D Langstraat, Leo I Higdon Jr and Thomas E Faust Jr. View Insider Buying and Selling for Eaton Vance.

EV stock was acquired by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, Cerebellum GP LLC, Robeco Institutional Asset Management B.V. and DNB Asset Management AS. View Insider Buying and Selling 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 $44.57.

Eaton Vance has a market capitalization of $5.04 billion and generates $1.70 billion in revenue each year. The asset manager earns $381.93 million in net income (profit) each year or $3.21 on an earnings per share basis. Eaton Vance employs 1,764 workers across the globe.View Additional Information About Eaton Vance.

The official website for Eaton Vance is http://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.