NYSE:EVEaton Vance Stock Price, Forecast & News

Eaton Vance's stock was trading at $33.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EV shares have 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) posted its earnings results on Wednesday, May, 20th. The asset manager reported $0.80 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.09. The asset manager earned $405.90 million during the quarter, compared to the consensus estimate of $421.55 million. Eaton Vance had a net margin of 22.48% and a return on equity of 32.92%. Eaton Vance's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.89 EPS. View Eaton Vance's earnings history.

Eaton Vance announced a quarterly dividend on Thursday, April 16th. Shareholders of record on Thursday, April 30th will be given a dividend of $0.375 per share on Friday, May 15th. This represents a $1.50 annualized dividend 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 of Directors has approved a stock buyback plan on Wednesday, July 10th 2019, which authorizes the company to buyback 8,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

7 analysts have issued 1-year target prices for Eaton Vance's shares. Their forecasts range from $35.00 to $49.00. On average, they expect Eaton Vance's share 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.

Media headlines about EV stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. Eaton Vance earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock'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 trading volume, of 1,010,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.2% of the shares of the company 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.