Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts. As of October 31, 2004, the company provided investment advisory or administration services to approximately 150 funds; approximately 1,300 separately managed individual and institutional accounts; and participated in approximately 40 retail-managed account broker/dealer programs. It markets and distributes shares of funds through a retail network of national and regional broker/dealers, banks, insurance companies, and financial planning firms. Eaton Vance Corp. was incorporated on January 29, 1981 and is headquartered in Boston, Massachusetts.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:EV
CUSIP27826510
Phone617-482-8260
Debt
Debt-to-Equity Ratio0.67
Current Ratio8.05
Quick Ratio8.05
Price-To-Earnings
Trailing P/E Ratio22.01
Forward P/E Ratio16.90
P/E Growth0.88
Sales & Book Value
Annual Sales$1.53 billion
Price / Sales4.22
Cash Flow$2.7226 per share
Price / Cash19.86
Book Value$9.17 per share
Price / Book5.90
Profitability
EPS (Most Recent Fiscal Year)$2.48
Net Income$282.13 million
Net Margins19.82%
Return on Equity33.96%
Return on Assets15.00%
Miscellaneous
Employees1,638
Outstanding Shares119,200,000
Eaton Vance (NYSE:EV) Frequently Asked Questions
What is Eaton Vance's stock symbol?
Eaton Vance trades on the New York Stock Exchange (NYSE) under the ticker symbol "EV."
How often does Eaton Vance pay dividends? What is the dividend yield for Eaton Vance?
Eaton Vance announced a quarterly dividend on Wednesday, April 11th. Investors of record on Monday, April 30th will be given a dividend of $0.31 per share on Tuesday, May 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Friday, April 27th. View Eaton Vance's Dividend History.
How will Eaton Vance's stock buyback program work?
Eaton Vance announced that its board has approved a share buyback program on Tuesday, April 11th 2017, which permits the company to repurchase 8,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.
How were Eaton Vance's earnings last quarter?
Eaton Vance Corp (NYSE:EV) released its quarterly earnings results on Tuesday, May, 22nd. The asset manager reported $0.77 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.77. The asset manager earned $414.30 million during the quarter, compared to the consensus estimate of $421.71 million. Eaton Vance had a net margin of 19.82% and a return on equity of 33.96%. The company's revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.62 EPS. View Eaton Vance's Earnings History.
When is Eaton Vance's next earnings date?
What price target have analysts set for EV?
7 brokerages have issued 1-year price targets for Eaton Vance's stock. Their forecasts range from $46.00 to $64.00. On average, they anticipate Eaton Vance's stock price to reach $57.2857 in the next twelve months. View Analyst Ratings for Eaton Vance.
Who are some of Eaton Vance's key competitors?
Some companies that are related to Eaton Vance include Blackstone Group (BX), Ameriprise Financial (AMP), Leg & Gen Grp P/S (LGGNY), Franklin Resources (BEN), KKR & Co. L.P. Unit (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Lazard (LAZ), Oaktree Capital Group (OAK), Janus Henderson Group (JHG), Apollo Global Management LLC Class A (APO), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Moelis & Co (MC).
Who are Eaton Vance's key executives?
Eaton Vance's management team includes the folowing people:
- Mr. Thomas E. Faust Jr., CFA, Chairman, CEO & Pres (Age 60)
- Ms. Laurie Greenwald Hylton, VP & CFO (Age 52)
- Mr. Brian Dean Langstraat CFA, Director (Age 50)
- Mr. Payson F. Swaffield CFA, Chief Income Investment Officer & VP of Eaton Vance Mgmt
- Mr. Edward J. Perkin CFA, Chief Equity Investment Officer of Eaton Vance Mgmt and VP of Eaton Vance Mgmt (Age 46)
Has Eaton Vance been receiving favorable news coverage?
News coverage about EV stock has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Eaton Vance earned a news impact score of 0.10 on Accern's scale. They also gave media headlines about the asset manager an impact score of 47.05 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Eaton Vance's major shareholders?
Eaton Vance's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.67%), Wells Fargo & Company MN (4.21%), JPMorgan Chase & Co. (1.56%), Earnest Partners LLC (1.49%), Eaton Vance Management (1.05%) and Northern Trust Corp (1.00%). Company insiders that own Eaton Vance stock include Ann E Berman, Brian D Langstraat, Dorothy E Puhy, Frederick S Marius, Jeffrey P Beale, Laurie G Hylton, 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.
Which major investors are selling Eaton Vance stock?
EV stock was sold by a variety of institutional investors in the last quarter, including Eaton Vance Management, Millennium Management LLC, Point72 Asset Management L.P., Citigroup Inc., Wells Fargo & Company MN, Sei Investments Co., Cambria Investment Management L.P. and UBS Group AG. Company insiders that have sold Eaton Vance company stock in the last year include Ann E Berman, Brian D Langstraat, Dorothy E Puhy, Frederick S Marius, Jeffrey P Beale, Laurie G Hylton, Leo I Higdon Jr, Matthew J Witkos, Payson F Swaffield and Thomas E Faust Jr. View Insider Buying and Selling for Eaton Vance.
Which major investors are buying Eaton Vance stock?
EV stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, JPMorgan Chase & Co., Schwab Charles Investment Management Inc., Susquehanna Fundamental Investments LLC, Handelsbanken Fonder AB, Handelsbanken Fonder AB and Teacher Retirement System of Texas. View Insider Buying and Selling for Eaton Vance.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Eaton Vance's stock price today?
One share of EV stock can currently be purchased for approximately $54.07.
How big of a company is Eaton Vance?
Eaton Vance has a market capitalization of $6.49 billion and generates $1.53 billion in revenue each year. The asset manager earns $282.13 million in net income (profit) each year or $2.48 on an earnings per share basis. Eaton Vance employs 1,638 workers across the globe.
How can I contact Eaton Vance?
Eaton Vance's mailing address is TWO INTERNATIONAL PLACE, BOSTON MA, 02110. The asset manager can be reached via phone at 617-482-8260.
MarketBeat Community Rating for Eaton Vance (EV)
MarketBeat's community ratings are surveys of what our community members think about Eaton Vance and other stocks. Vote "Outperform" if you believe EV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EV will underperform the S&P 500 over the long term. You may vote once every thirty days.
