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. Shareholders 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 3.35%. 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 declared that its Board of Directors has initiated a stock 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 purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

Eaton Vance Corp (NYSE:EV) released its earnings results on Tuesday, August, 27th. The asset manager reported $0.90 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.03. The asset manager earned $431.24 million during the quarter, compared to the consensus estimate of $433.98 million. Eaton Vance had a net margin of 23.51% and a return on equity of 35.45%. The firm's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 earnings per share. 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 brokers have issued 1 year price objectives 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 year. This suggests that the stock has a possible downside of 3.7%. 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.

Media headlines about EV stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing 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 -4.3 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Eaton Vance.

Eaton Vance saw a increase in short interest during the month of 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 company's stock are short sold. 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), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) 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), 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 retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.81%), Gateway Investment Advisers LLC (0.18%), Triad Investment Management (0.07%), Envestnet Asset Management Inc. (0.07%), Nisa Investment Advisors LLC (0.04%) and Pacer Advisors Inc. (0.04%). Company insiders that own Eaton Vance stock include Brian D Langstraat, Dorothy E Puhy, 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., State of Michigan Retirement System, Endurance Wealth Management 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 bought by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Envestnet Asset Management Inc., Cerebellum GP LLC, Cerebellum GP LLC, Robeco Institutional Asset Management B.V., Coastline Trust Co 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 $44.84.

Eaton Vance has a market capitalization of $5.07 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.