NYSE:EVEaton Vance Stock Price, Forecast & News

Eaton Vance's stock was trading at $33.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EV stock has increased by 15.0% and is now trading at $37.95. View which stocks have been most impacted by Coronavirus.

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

Eaton Vance is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Eaton Vance.

Eaton Vance Corp (NYSE:EV) issued its earnings results on Wednesday, May, 20th. The asset manager reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.09. The asset manager had revenue of $405.90 million for the quarter, compared to analysts' expectations of $421.55 million. Eaton Vance had a net margin of 22.48% and a return on equity of 32.92%. The business's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 earnings per share. View Eaton Vance's earnings history.

Eaton Vance announced a quarterly dividend on Thursday, April 16th. Investors of record on Thursday, April 30th will be paid a dividend of $0.375 per share on Friday, May 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date of this dividend is Wednesday, April 29th. View Eaton Vance's dividend history.

Eaton Vance declared that its board has approved a stock 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 generally a sign that the company's management believes its stock is undervalued.

7 brokers have issued 12 month target prices for Eaton Vance's shares. Their forecasts range from $35.00 to $49.00. On average, they expect Eaton Vance's stock price to reach $39.71 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View analysts' price targets for Eaton Vance.

News articles about EV stock have been trending somewhat negative on Saturday, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eaton Vance earned a news impact score of -1.8 on InfoTrie's scale. They also assigned media coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Eaton Vance.

Eaton Vance saw a increase in short interest in June. As of June 15th, there was short interest totaling 2,450,000 shares, an increase of 11.9% from the May 31st total of 2,190,000 shares. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.2% 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 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), Legg Mason (LM), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Main Street Capital (MAIN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eaton Vance investors own include Exxon Mobil (XOM), AT&T (T), Cisco Systems (CSCO), Johnson & Johnson (JNJ), PepsiCo (PEP), Pfizer (PFE), Intel (INTC), 3M (MMM), Verizon Communications (VZ) and AbbVie (ABBV).

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

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 $37.95.

Eaton Vance has a market capitalization of $4.32 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.

The official website for Eaton Vance is 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.