Eaton Vance Corporation Company Profile (NYSE:EV)

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

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.

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.

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.

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

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.

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)

Some companies that are related to Eaton Vance Corporation include KKR & Co. L.P. (KKR), Hargreaves Lansdown PLC (HL), Ares Management L.P. (ARES), Federated Investors (FII), Jupiter Fund Management PLC (JUP), Ashmore Group plc (ASHM), AllianceBernstein Holding L.P. (AB), Financial Engines (FNGN), The Carlyle Group L.P. (CG), Cohen & Steers (CNS), Artisan Partners Asset Management (APAM), OM Asset Management PLC (OMAM), WisdomTree Investments (WETF), Rathbone Brothers plc (RAT), Brewin Dolphin Holdings plc (BRW), Virtus Investment Partners (VRTS), Hamilton Lane (HLNE) and Polar Capital Holdings plc (POLR).

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

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.

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.

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.

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.

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