Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts. As of October 31, 2004, the company provided investment advisory or administration services to approximately 150 funds; approximately 1,300 separately managed individual and institutional accounts; and participated in approximately 40 retail-managed account broker/dealer programs. It markets and distributes shares of funds through a retail network of national and regional broker/dealers, banks, insurance companies, and financial planning firms. Eaton Vance Corp. was incorporated on January 29, 1981 and is headquartered in Boston, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNYSE:EV
Previous Symbol
CUSIP27826510
Phone617-482-8260
Debt
Debt-to-Equity Ratio0.56
Current Ratio5.08
Quick Ratio8.35
Price-To-Earnings
Trailing P/E Ratio10.89
Forward P/E Ratio10.85
P/E Growth0.79
Sales & Book Value
Annual Sales$1.70 billion
Price / Sales2.42
Cash Flow$3.3671 per share
Price / Cash Flow10.38
Book Value$9.39 per share
Price / Book3.72
Profitability
EPS (Most Recent Fiscal Year)$3.21
Net Income$381.93 million
Net Margins22.44%
Return on Equity35.94%
Return on Assets13.68%
Miscellaneous
Employees1,638
Outstanding Shares118,040,000
Market Cap$4.28 billion
OptionableOptionable
Eaton Vance (NYSE:EV) Frequently Asked Questions
What is Eaton Vance's stock symbol?
Eaton Vance trades on the New York Stock Exchange (NYSE) under the ticker symbol "EV."
How often does Eaton Vance pay dividends? What is the dividend yield for Eaton Vance?
Eaton Vance announced a quarterly dividend on Thursday, October 11th. Shareholders of record on Wednesday, October 31st will be paid a dividend of $0.35 per share on Thursday, November 15th. This represents a $1.40 annualized dividend and a yield of 4.01%. The ex-dividend date is Tuesday, October 30th. This is a positive change from Eaton Vance's previous quarterly dividend of $0.31. View Eaton Vance's Dividend History.
How will Eaton Vance's stock buyback program work?
Eaton Vance declared that its Board of Directors has initiated a share buyback plan on Tuesday, April 11th 2017, which allows the company to buyback 8,000,000 shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board believes its shares are undervalued.
How were Eaton Vance's earnings last quarter?
Eaton Vance Corp (NYSE:EV) issued its quarterly earnings data on Tuesday, November, 27th. The asset manager reported $0.85 EPS for the quarter, meeting the Zacks' consensus estimate of $0.85. The asset manager had revenue of $435.97 million for the quarter, compared to the consensus estimate of $435.02 million. Eaton Vance had a return on equity of 35.94% and a net margin of 22.44%. View Eaton Vance's Earnings History.
When is Eaton Vance's next earnings date?
What price target have analysts set for EV?
7 brokers have issued 1 year price targets for Eaton Vance's stock. Their predictions range from $38.00 to $63.00. On average, they anticipate Eaton Vance's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price. View Analyst Price Targets for Eaton Vance.
What is the consensus analysts' recommendation for Eaton Vance?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eaton Vance in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Eaton Vance.
Has Eaton Vance been receiving favorable news coverage?
News stories about EV stock have trended very negative on Saturday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Eaton Vance earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of Eaton Vance's key competitors?
Some companies that are related to Eaton Vance include Franklin Resources (BEN), Ameriprise Financial (AMP), KKR & Co Inc (KKR), Invesco (IVZ), Oaktree Capital Group (OAK), Affiliated Managers Group (AMG), Apollo Global Management (APO), Morningstar (MORN), Lazard (LAZ), Janus Henderson Group (JHG), Evercore (EVR), MAN GRP PLC/ADR (MNGPY), AllianceBernstein (AB), Houlihan Lokey (HLI) and Noah (NOAH).
Who are Eaton Vance's key executives?
Eaton Vance's management team includes the folowing people:
- Mr. Thomas E. Faust Jr., CFA, Chairman, CEO & Pres (Age 60)
- Ms. Laurie Greenwald Hylton, VP & CFO (Age 52)
- Mr. Brian Dean Langstraat CFA, Director (Age 50)
- Mr. Payson F. Swaffield CFA, Chief Income Investment Officer & VP of Eaton Vance Mgmt
- Mr. Edward J. Perkin CFA, Chief Equity Investment Officer of Eaton Vance Mgmt and VP of Eaton Vance Mgmt (Age 46)
Who are Eaton Vance's major shareholders?
Eaton Vance's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.13%), Vanguard Group Inc. (9.79%), Vanguard Group Inc (9.79%), Wells Fargo & Company MN (4.16%), Bank of New York Mellon Corp (2.86%) and Janus Henderson Group PLC (1.75%). Company insiders that own Eaton Vance stock 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 Institutional Ownership Trends for Eaton Vance.
Which major investors are selling Eaton Vance stock?
EV stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Wells Fargo & Company MN, First Trust Advisors LP, WINTON GROUP Ltd, FMR LLC, Mitsubishi UFJ Trust & Banking Corp, TIAA CREF Investment Management LLC and Bank of New York Mellon Corp. Company insiders that have sold Eaton Vance company stock in the last year include Brian D Langstraat, Dorothy E Puhy, Leo I Higdon Jr, Matthew J Witkos and Thomas E Faust Jr. View Insider Buying and Selling for Eaton Vance.
Which major investors are buying Eaton Vance stock?
EV stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., Gateway Investment Advisers LLC, Dimensional Fund Advisors LP, Usca Ria LLC, Capital Management Corp VA and Capital Fund Management S.A.. View Insider Buying and Selling for Eaton Vance.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Eaton Vance's stock price today?
One share of EV stock can currently be purchased for approximately $34.95.
How big of a company is Eaton Vance?
Eaton Vance has a market capitalization of $4.28 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 1,638 workers across the globe.
What is Eaton Vance's official website?
How can I contact Eaton Vance?
Eaton Vance's mailing address is TWO INTERNATIONAL PLACE, BOSTON MA, 02110. The asset manager can be reached via phone at 617-482-8260.
MarketBeat Community Rating for Eaton Vance (NYSE EV)
MarketBeat's community ratings are surveys of what our community members think about Eaton Vance and other stocks. Vote "Outperform" if you believe EV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EV will underperform the S&P 500 over the long term. You may vote once every thirty days.
