NYSE:EV - Eaton Vance Stock Price, Forecast & News

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

Eaton Vance announced a quarterly dividend on Friday, January 10th. Investors of record on Friday, January 31st will be given a dividend of $0.375 per share on Friday, February 14th. This represents a $1.50 annualized dividend and a yield of 2.92%. The ex-dividend date is Thursday, January 30th. View Eaton Vance's Dividend History.

Eaton Vance declared that its Board of Directors has initiated a share buyback program on Wednesday, July 10th 2019, which authorizes the company to repurchase 8,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

Eaton Vance Corp (NYSE:EV) issued its quarterly earnings results on Tuesday, November, 26th. The asset manager reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $0.07. The asset manager had revenue of $433.74 million for the quarter, compared to the consensus estimate of $438.42 million. Eaton Vance had a return on equity of 35.32% and a net margin of 23.77%. The firm's revenue was up .7% compared to the same quarter last year. During the same quarter last year, the company posted $0.85 EPS. View Eaton Vance's Earnings History.

Eaton Vance is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Eaton Vance.

5 equities research analysts have issued 1 year target prices for Eaton Vance's stock. Their forecasts range from $49.00 to $51.00. On average, they anticipate Eaton Vance's share price to reach $49.50 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Eaton Vance.

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

Press coverage about EV stock has trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative 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 negative five to positive five, with scores nearest to five being the most favorable. Eaton Vance earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Eaton Vance.

Eaton Vance saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,930,000 shares, an increase of 10.2% from the January 15th total of 2,660,000 shares. Based on an average trading volume of 575,500 shares, the days-to-cover ratio is currently 5.1 days. Approximately 2.7% of the shares of the company 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), Affiliated Managers Group (AMG), Federated Investors (FII), Cohen & Steers (CNS), Legg Mason (LM) and Main Street Capital (MAIN).

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

Eaton Vance's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (8.72%), Earnest Partners LLC (1.74%), Janus Henderson Group PLC (1.61%), Bank of New York Mellon Corp (1.46%), Charles Schwab Investment Management Inc. (1.07%) and Boston Trust Walden Corp (0.83%). 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 Schroder Investment Management Group, Marshall Wace North America L.P., Skandinaviska Enskilda Banken AB publ , Schonfeld Strategic Advisors LLC, State of Tennessee Treasury Department, State Street Corp, Financial Counselors Inc. and AlphaCrest Capital Management LLC. 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 for Eaton Vance.

EV stock was purchased by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Janus Henderson Group PLC, Credit Suisse AG, First Trust Advisors LP, Bank of America Corp DE, Bank of New York Mellon Corp, Teacher Retirement System of Texas and Trexquant Investment LP. 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 $51.29.

Eaton Vance has a market capitalization of $5.80 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.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.