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. Since then, EV stock has increased by 26.2% and is now trading at $41.66. 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 quarterly earnings data on Wednesday, May, 20th. The asset manager reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 32.92% and a net margin of 22.48%. Eaton Vance's revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the business 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 3.60%. The ex-dividend date of this dividend is Wednesday, April 29th. View Eaton Vance's dividend history.

Eaton Vance announced that its board has initiated a stock buyback plan on Wednesday, July 10th 2019, which authorizes the company to buyback 8,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management 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 twelve months. This suggests that the stock has a possible downside of 4.7%. View analysts' price targets for Eaton Vance.

Media headlines about EV stock have trended extremely negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. 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 media sentiment score of -4.4 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the next several days. View the latest news aboutEaton Vance.

Eaton Vance saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,270,000 shares, an increase of 21.4% from the April 30th total of 1,870,000 shares. Based on an average daily volume of 800,500 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.1% of the shares of the 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), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Legg Mason (LM), Invesco (IVZ), 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."

Eaton Vance's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.67%), State Street Corp (8.44%), Wells Fargo & Company MN (4.72%), JPMorgan Chase & Co. (1.74%), Geode Capital Management LLC (1.44%) and Bank of New York Mellon Corp (1.42%). Company insiders that own Eaton Vance stock include Ann E Berman, Brian D Langstraat, Daniel C Cataldo, Leo I Higdon Jr, Matthew J Witkos, 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 BlackRock Inc., Janus Henderson Group PLC, State Street Corp, London Co. of Virginia, CWM LLC, Schroder Investment Management Group, First Trust Advisors LP, and Principal Financial Group Inc.. Company insiders that have sold Eaton Vance company stock in the last year include Ann E Berman, Brian D Langstraat, Daniel C Cataldo, Leo I Higdon Jr, Matthew J Witkos, and Thomas E Faust Jr. View insider buying and selling activity for Eaton Vance.

EV stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Boston Trust Walden Corp, JPMorgan Chase & Co., Squarepoint Ops LLC, Prana Capital Management LP, Capital International Investors, Advisor Group Holdings Inc., and Balyasny Asset Management LLC. View insider buying and selling activity 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 $41.66.

Eaton Vance has a market capitalization of $4.76 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.