NYSE:EVEaton Vance Stock Price, Forecast & News

Eaton Vance's stock was trading at $33.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). 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) released its quarterly earnings data on Wednesday, May, 20th. The asset manager reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 return on equity of 32.92% and a net margin of 22.48%. The business's revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 EPS. View Eaton Vance's earnings history.

Eaton Vance declared a quarterly dividend on Thursday, April 16th. Shareholders 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 yield of 3.95%. The ex-dividend date is Wednesday, April 29th. View Eaton Vance's dividend history.

Eaton Vance announced that its Board of Directors has initiated a share repurchase plan on Wednesday, July 10th 2019, which permits the company to repurchase 8,000,000 shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

7 brokerages have issued 1 year price objectives for Eaton Vance's stock. 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.

Headlines about EV stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news 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 -2.1 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Eaton Vance.

Eaton Vance saw a decline in short interest in June. As of June 30th, there was short interest totaling 1,570,000 shares, a decline of 35.9% from the June 15th total of 2,450,000 shares. Based on an average daily trading volume, of 933,500 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.4% 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.