Eaton Vance Corporation Company Profile (NYSE:EV)

About Eaton Vance Corporation (NYSE:EV)

Eaton Vance Corporation logoEaton Vance Corp. is engaged in the business of managing investment funds and providing investment management and advisory services to high-net-worth individuals and institutions. The Company operates as an investment advisor to funds and separate accounts. The Company, through its subsidiaries and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds, global income, high-yield and investment grade bonds. Through its subsidiary, the Company also manages a range of engineered alpha strategies, including systematic equity, systematic alternatives and managed options strategies. The Company's open-end fund lineup includes tax-managed equity funds, and non-tax-managed equity and multi-asset funds. The Company's family of closed-end funds includes municipal bond, domestic and global equity, and bank loan.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:EV
  • CUSIP: 27826510
  • Web: www.eatonvance.com
Capitalization:
  • Market Cap: $5.75 billion
  • Outstanding Shares: 116,163,000
Average Prices:
  • 50 Day Moving Avg: $48.96
  • 200 Day Moving Avg: $47.19
  • 52 Week Range: $34.44 - $52.13
P/E:
  • Trailing P/E Ratio: 22.30
  • Foreward P/E Ratio: 17.39
  • P/E Growth: 1.39
Sales & Book Value:
  • Annual Revenue: $1.47 billion
  • Price / Sales: 4.05
  • Book Value: $8.05 per share
  • Price / Book: 6.37
Dividend:
  • Annual Dividend: $1.12
  • Dividend Yield: 2.4%
Profitability:
  • EBITDA: $477.11 million
  • Net Margins: 18.03%
  • Return on Equity: 34.47%
  • Return on Assets: 13.99%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 5.74%
  • Quick Ratio: 5.74%
Misc:
  • Average Volume: 548,551 shs.
  • Beta: 1.84
 

Frequently Asked Questions for Eaton Vance Corporation (NYSE:EV)

What is Eaton Vance Corporation's stock symbol?

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

How often does Eaton Vance Corporation pay dividends? What is the dividend yield for Eaton Vance Corporation?

Eaton Vance Corporation announced a quarterly dividend on Thursday, October 12th. Stockholders of record on Tuesday, October 31st will be paid a dividend of $0.31 per share on Wednesday, November 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Monday, October 30th. This is an increase from Eaton Vance Corporation's previous quarterly dividend of $0.28. View Eaton Vance Corporation's Dividend History.

How will Eaton Vance Corporation's stock buyback program work?

Eaton Vance Corporation announced that its Board of Directors has approved a stock buyback plan on Tuesday, April 11th 2017, which allows the company to buyback 8,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its shares are undervalued.

How were Eaton Vance Corporation's earnings last quarter?

Eaton Vance Corporation (NYSE:EV) issued its quarterly earnings data on Wednesday, August, 23rd. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.05. The business earned $393.70 million during the quarter, compared to analyst estimates of $398.74 million. Eaton Vance Corporation had a return on equity of 34.47% and a net margin of 18.03%. The firm's revenue was up 15.4% compared to the same quarter last year. During the same period last year, the company earned $0.56 earnings per share. View Eaton Vance Corporation's Earnings History.

When will Eaton Vance Corporation make its next earnings announcement?

Eaton Vance Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 28th 2017. View Earnings Estimates for Eaton Vance Corporation.

Where is Eaton Vance Corporation's stock going? Where will Eaton Vance Corporation's stock price be in 2017?

7 brokerages have issued 1 year price targets for Eaton Vance Corporation's stock. Their predictions range from $46.00 to $57.00. On average, they expect Eaton Vance Corporation's stock price to reach $50.64 in the next year. View Analyst Ratings for Eaton Vance Corporation.

What are analysts saying about Eaton Vance Corporation stock?

Here are some recent quotes from research analysts about Eaton Vance Corporation stock:

  • 1. According to Zacks Investment Research, "Eaton Vance Corp.'s principal business is creating, marketing and managing investment funds and providing investment management and counseling services to institutions and individuals.The Company conducts its investment management and counseling business through two wholly-owned subsidiaries, Eaton Vance Management and Boston Management and Research.The Company's growth has resulted from its ability to develop, offer successfully and manage effectively new funds and to increase the assets of existing Eaton Vance Funds. " (10/17/2017)
  • 2. Jefferies Group LLC analysts commented, "EV reported F4Q16 adjusted EPS of $0.57 (JEF $0.60 / Consensus $0.59). Operating income missed our forecast by -$4.6M as blended fee rates continued to trend lower (down ~2% q/q) and compensation was slightly above expectations (+$2.4M)." (11/23/2016)

Who are some of Eaton Vance Corporation's key competitors?

Who are Eaton Vance Corporation's key executives?

Eaton Vance Corporation's management team includes the folowing people:

  • Thomas E. Faust Jr., Chairman of the Board, President, Chief Executive Officer
  • Laurie G. Hylton CPA, Chief Financial Officer
  • Brian D. Langstraat, Director, Chief Executive Officer of Parametric Portfolio Associates LLC
  • Matthew J. Witkos, President of Eaton Vance Distributors, Inc.
  • Julie Rozen, Chief Accounting Officer
  • Jeffrey P. Beale, Vice President, Chief Administrative Officer
  • Frederick S. Marius, Vice President, Chief Legal Officer, Secretary
  • Edward J. Perkin, Vice President and Chief Equity Investment Officer - Eaton Vance Management
  • Payson F. Swaffield, Vice President and Chief Income Investment Officer of Eaton Vance Management
  • Leo I. Higdon Jr., Lead Independent Director

Who owns Eaton Vance Corporation stock?

Eaton Vance Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Nationwide Fund Advisors (0.17%), APG Asset Management N.V. (0.10%), Mutual of America Capital Management LLC (0.08%), Farmers & Merchants Investments Inc. (0.05%), Shell Asset Management Co. (0.04%) and State Treasurer State of Michigan (0.04%). Company insiders that own Eaton Vance Corporation stock include Ann E Berman, Brian D Langstraat, Dorothy E Puhy, Frederick S Marius, Jeffrey P Beale, Laurie G Hylton, Leo I Higdon Jr, Leo I Higdon, Jr, Matthew J Witkos, Payson F Swaffield, Thomas E Faust Jr, Thomas E Faust, Jr and Winthrop H Smith Jr. View Institutional Ownership Trends for Eaton Vance Corporation.

Who sold Eaton Vance Corporation stock? Who is selling Eaton Vance Corporation stock?

Eaton Vance Corporation's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Fox Run Management L.L.C., State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold Eaton Vance Corporation 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, Thomas E Faust Jr and Winthrop H Smith Jr. View Insider Buying and Selling for Eaton Vance Corporation.

Who bought Eaton Vance Corporation stock? Who is buying Eaton Vance Corporation stock?

Eaton Vance Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co., APG Asset Management N.V., Oakbrook Investments LLC and Farmers & Merchants Investments Inc.. View Insider Buying and Selling for Eaton Vance Corporation.

How do I buy Eaton Vance Corporation stock?

Shares of Eaton Vance Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Eaton Vance Corporation's stock price today?

One share of Eaton Vance Corporation stock can currently be purchased for approximately $51.29.


MarketBeat Community Rating for Eaton Vance Corporation (NYSE EV)
Community Ranking:  1.0 out of 5 (star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  485 (Vote Underperform)
Total Votes:  604
MarketBeat's community ratings are surveys of what our community members think about Eaton Vance Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Eaton Vance Corporation (NYSE:EV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $50.64 (1.26% downside)
Consensus Price Target History for Eaton Vance Corporation (NYSE:EV)
Price Target History for Eaton Vance Corporation (NYSE:EV)
Analysts' Ratings History for Eaton Vance Corporation (NYSE:EV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Deutsche Bank AGInitiated CoverageBuy$57.00N/AView Rating Details
8/24/2017J P Morgan Chase & CoUpgradeUnderweight -> Neutral$48.00MediumView Rating Details
8/18/2017Jefferies Group LLCReiterated RatingHold$46.00LowView Rating Details
8/11/2017Credit Suisse GroupBoost Price TargetNeutral$46.00 -> $50.00LowView Rating Details
6/5/2017Citigroup Inc.UpgradeNeutral -> Buy$52.00 -> $54.50HighView Rating Details
5/25/2017Bank of America CorporationBoost Price TargetNeutral$47.00 -> $49.00LowView Rating Details
5/23/2017Keefe, Bruyette & WoodsReiterated RatingHold$50.00LowView Rating Details
4/12/2016Sandler O'NeillBoost Price Target$29.00 -> $34.00N/AView Rating Details
2/22/2016William BlairReiterated RatingMarket PerformN/AView Rating Details
1/19/2016Susquehanna Bancshares IncUpgradeNegative -> Neutral$28.00N/AView Rating Details
11/25/2015Royal Bank Of CanadaLower Price TargetOutperform$46.00 -> $43.00N/AView Rating Details
11/11/2015Piper Jaffray CompaniesReiterated RatingHold$39.00 -> $40.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Eaton Vance Corporation (NYSE:EV)
Earnings by Quarter for Eaton Vance Corporation (NYSE:EV)
Earnings History by Quarter for Eaton Vance Corporation (NYSE EV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/20/2017$0.71N/AView Earnings Details
8/23/2017Q3 2017$0.67$0.62$398.74 million$393.70 millionViewN/AView Earnings Details
5/24/2017Q2 17$0.60$0.62$373.28 million$374.60 millionViewN/AView Earnings Details
2/22/2017Q117$0.57$0.53$351.22 million$354.95 millionViewListenView Earnings Details
11/22/2016Q416$0.59$0.57$341.46 million$346.85 millionViewN/AView Earnings Details
8/17/2016Q316$0.55$0.56$343.71 million$341.17 millionViewListenView Earnings Details
5/25/2016Q216$0.48$0.48$322.37 million$323.30 millionViewListenView Earnings Details
2/24/2016Q116$0.52$0.51$340.78 million$331.60 millionViewListenView Earnings Details
11/24/2015Q415$0.59$0.53$354.51 million$341.50 millionViewListenView Earnings Details
8/19/2015Q315$0.62$0.57$365.42 million$355.50 millionViewListenView Earnings Details
5/20/2015Q215$0.60$0.58$351.95 million$351.70 millionViewListenView Earnings Details
2/25/2015Q115$0.63$0.61$369.02 million$354.90 millionViewN/AView Earnings Details
11/25/2014Q414$0.65$0.68$368.80 million$368.40 millionViewN/AView Earnings Details
8/20/2014Q314$0.63$0.63$365.83 million$367.60 millionViewN/AView Earnings Details
5/21/2014Q214$0.56$0.59$351.30 million$354.10 millionViewN/AView Earnings Details
2/19/2014Q114$0.60$0.58$367.92 million$360.26 millionViewN/AView Earnings Details
11/26/2013Q4$0.59$0.55$364.24 million$356.90 millionViewListenView Earnings Details
8/21/2013Q3 2013$0.56$0.52$352.98 million$350.30 millionViewN/AView Earnings Details
5/22/2013Q2 2013$0.52$0.52$335.30 million$331.70 millionViewN/AView Earnings Details
2/20/2013Q1 2013$0.51$0.50$316.23 million$318.50 millionViewN/AView Earnings Details
11/20/20120.53$0.53$309.89 millionViewN/AView Earnings Details
8/22/2012$0.48$0.43ViewN/AView Earnings Details
5/23/2012$0.48$0.45ViewN/AView Earnings Details
2/22/2012$0.43$0.47ViewN/AView Earnings Details
11/22/2011$0.46$0.47ViewN/AView Earnings Details
8/17/2011$0.51$0.55ViewN/AView Earnings Details
5/18/2011$0.46$0.50ViewN/AView Earnings Details
2/23/2011$0.44$0.30ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Eaton Vance Corporation (NYSE:EV)
2017 EPS Consensus Estimate: $2.52
2018 EPS Consensus Estimate: $2.84
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.55$0.58$0.57
Q2 20172$0.58$0.60$0.59
Q3 20172$0.65$0.66$0.66
Q4 20172$0.70$0.72$0.71
Q1 20181$0.67$0.67$0.67
Q2 20181$0.69$0.69$0.69
Q3 20181$0.73$0.73$0.73
Q4 20181$0.75$0.75$0.75
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Eaton Vance Corporation (NYSE:EV)
Next Dividend:11/15/2017
Annual Dividend:$1.12
Dividend Yield:2.18%
Dividend Growth:20.10% (3 Year Average)
Payout Ratio:48.70% (Trailing 12 Months of Earnings)
45.34% (Based on This Year's Estimates)
37.97% (Based on Next Year's Estimates)
Track Record:36 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Eaton Vance Corporation (NYSE:EV)

Dividend History by Quarter for Eaton Vance Corporation (NYSE EV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/12/2017quarterly$0.312.43%10/30/201710/31/201711/15/2017
7/12/2017quarterly$0.282.32%7/27/20177/31/20178/15/2017
4/12/2017quarterly$0.282.64%4/26/20174/28/20175/15/2017
1/11/2017quarterly$0.282.6%1/27/20171/31/20172/15/2017
10/13/2016quarterly$0.283.01%10/27/201610/31/201611/15/2016
7/13/2016quarterly$0.272.87%7/27/20167/29/20168/15/2016
4/13/2016quarterly$0.272.96%4/27/20164/29/20165/13/2016
1/13/2016quarterly$0.273.82%1/27/20161/29/20162/12/2016
10/15/2015quarterly$0.273%10/28/201510/30/201511/13/2015
7/8/2015quarterly$0.252.62%7/29/20157/31/20158/12/2015
4/15/2015quarterly$0.252.31%4/28/20154/30/20155/13/2015
1/14/2015quarterly$0.252.64%1/28/20151/30/20152/10/2015
10/16/2014quarterly$0.252.47%10/29/201410/31/201411/12/2014
7/9/2014quarterly$0.222.36%7/29/20147/31/20148/12/2014
4/16/2014quarterly$0.222.38%4/28/20144/30/20145/13/2014
1/15/2014quarterly$0.222.15%1/29/20141/31/20142/12/2014
10/17/2013quarterly$0.222.19%10/29/201310/31/201311/13/2013
7/15/2013quarterly$0.202%7/29/20137/31/20138/9/2013
4/10/2013quarterly$0.201.93%4/26/20134/30/20135/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Eaton Vance Corporation (NYSE:EV)
Institutional Ownership Percentage: 68.90%
Insider Trades by Quarter for Eaton Vance Corporation (NYSE:EV)
Institutional Ownership by Quarter for Eaton Vance Corporation (NYSE:EV)
Insider Trades by Quarter for Eaton Vance Corporation (NYSE:EV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/18/2017Jeffrey P BealeInsiderSell24,140$51.36$1,239,830.40View SEC Filing  
10/17/2017Thomas E Faust JrCEOSell72,314$51.05$3,691,629.70View SEC Filing  
10/13/2017Matthew J WitkosCEOSell82,617$51.27$4,235,773.59View SEC Filing  
10/12/2017Laurie G HyltonCFOSell21,371$50.60$1,081,372.60View SEC Filing  
10/3/2017Thomas E Faust JrCEOSell57,832$49.67$2,872,515.44View SEC Filing  
10/2/2017Laurie G HyltonCFOSell17,003$49.60$843,348.80View SEC Filing  
9/28/2017Dorothy E PuhyDirectorSell6,495$49.38$320,723.10View SEC Filing  
9/28/2017Thomas E Faust JrCEOSell72,678$49.52$3,599,014.56View SEC Filing  
9/27/2017Ann E BermanDirectorSell6,865$48.88$335,561.20View SEC Filing  
9/26/2017Matthew J WitkosCEOSell46,844$48.39$2,266,781.16View SEC Filing  
9/22/2017Thomas E Faust JrCEOSell73,982$48.20$3,565,932.40View SEC Filing  
9/21/2017Brian D LangstraatDirectorSell12,850$48.08$617,828.00View SEC Filing  
9/20/2017Frederick S MariusInsiderSell7,574$47.99$363,476.26View SEC Filing  
9/20/2017Leo I Higdon JrDirectorSell6,865$48.08$330,069.20View SEC Filing  
8/31/2017Frederick S MariusInsiderSell8,915$47.55$423,908.25View SEC Filing  
7/13/2017Jeffrey P BealeInsiderSell39,343$48.30$1,900,266.90View SEC Filing  
7/7/2017Matthew J WitkosCEOSell24,152$47.65$1,150,842.80View SEC Filing  
6/8/2017Winthrop H Smith JrDirectorSell21,885$48.03$1,051,136.55View SEC Filing  
6/7/2017Matthew J WitkosCEOSell40,000$48.08$1,923,200.00View SEC Filing  
6/6/2017Dorothy E PuhyDirectorSell2,563$48.46$124,202.98View SEC Filing  
1/25/2017Frederick S MariusInsiderSell45,893$43.71$2,005,983.03View SEC Filing  
1/20/2017Matthew J WitkosCEOSell84,085$42.83$3,601,360.55View SEC Filing  
1/4/2017Frederick S MariusInsiderSell47,235$42.72$2,017,879.20View SEC Filing  
12/8/2016Ann E BermanDirectorSell13,188$43.05$567,743.40View SEC Filing  
12/7/2016Winthrop H Smith JrDirectorSell5,943$42.19$250,735.17View SEC Filing  
10/31/2016Laurie G HyltonCFOSell25,184$35.20$886,476.80View SEC Filing  
10/31/2016Thomas E Faust JrCEOSell25,537$35.33$902,222.21View SEC Filing  
10/28/2016Payson F SwaffieldInsiderSell94,727$35.40$3,353,335.80View SEC Filing  
10/27/2016Thomas E Faust JrCEOSell166,789$35.94$5,994,396.66View SEC Filing  
10/24/2016Leo I Higdon JrDirectorSell8,197$37.66$308,699.02View SEC Filing  
9/19/2016Dorothy E PuhyDirectorSell6,197$38.75$240,133.75View SEC Filing  
9/2/2016Matthew J WitkosCEOSell94,408$40.08$3,783,872.64View SEC Filing  
8/29/2016Brian D LangstraatDirectorSell38,012$39.79$1,512,497.48View SEC Filing  
8/22/2016Jeffrey P BealeInsiderSell53,153$39.58$2,103,795.74View SEC Filing  
6/23/2016Winthrop H Smith JrDirectorSell8,197$37.20$304,928.40View SEC Filing  
1/20/2016Winthrop H Smith JrDirectorBuy1,000$26.89$26,890.00View SEC Filing  
1/15/2016Winthrop H Smith JrDirectorBuy1,000$26.93$26,930.00View SEC Filing  
1/11/2016Winthrop H Smith JrDirectorBuy1,000$28.42$28,420.00View SEC Filing  
12/7/2015Leo I. Higdon, Jr.DirectorSell8,402$36.08$303,144.16View SEC Filing  
10/29/2015Payson F. SwaffieldinsiderSell93,540$36.35$3,400,179.00View SEC Filing  
10/29/2015Thomas E. Faust, Jr.CEOSell175,152$36.38$6,372,029.76View SEC Filing  
10/27/2015Laurie G. HyltonCFOSell21,000$35.82$752,220.00View SEC Filing  
9/18/2015Jeffrey P. BealeinsiderSell49,630$34.31$1,702,805.30View SEC Filing  
9/2/2015Brian D. LangstraatDirectorSell40,573$33.34$1,352,703.82View SEC Filing  
3/17/2015Winthrop H Smith JrDirectorSell8,402$42.76$359,269.52View SEC Filing  
12/12/2014Leo I Higdon JrDirectorSell12,295$39.79$489,218.05View SEC Filing  
12/10/2014Frederick S MariusInsiderSell42,958$41.08$1,764,714.64View SEC Filing  
10/29/2014Thomas E Faust JrCEOSell219,000$36.32$7,954,080.00View SEC Filing  
10/28/2014Laurie G HyltonCFOSell31,092$36.30$1,128,639.60View SEC Filing  
10/28/2014Payson F SwaffieldInsiderSell105,000$36.08$3,788,400.00View SEC Filing  
9/15/2014Jeffrey P BealeInsiderSell55,130$38.91$2,145,108.30View SEC Filing  
8/26/2014Winthrop H Smith JrDirectorSell12,295$39.13$481,103.35View SEC Filing  
12/16/2013Leo Higdon, Jr.DirectorSell12,295$40.89$502,742.55View SEC Filing  
11/6/2013Duncan RichardsonEVPSell44,566$5.28$235,308.48View SEC Filing  
10/17/2013Payson F SwaffieldInsiderSell93,825$39.03$3,661,989.75View SEC Filing  
10/16/2013Jeffrey P BealeInsiderSell65,827$39.06$2,571,202.62View SEC Filing  
9/20/2013Ann BermanDirectorSell5,680$40.83$231,914.40View SEC Filing  
11/26/2012Ann E BermanDirectorSell6,266$31.88$199,760.08View SEC Filing  
10/4/2012Duncan W RichardsonEVPSell232,600$28.88$6,717,488.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Eaton Vance Corporation (NYSE:EV)
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Eaton Vance Corporation (EV) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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