Eaton Vance Stock Price, News & Analysis (NYSE:EV)

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

Eaton Vance declared a quarterly dividend on Tuesday, July 9th. Shareholders of record on Wednesday, July 31st will be given a dividend of $0.35 per share on Thursday, August 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Tuesday, July 30th. 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 authorizes the company to buyback 8,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

Eaton Vance Corp (NYSE:EV) posted its quarterly earnings data on Tuesday, August, 27th. The asset manager reported $0.90 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.87 by $0.03. The asset manager had revenue of $431.24 million for the quarter, compared to analysts' expectations of $433.98 million. Eaton Vance had a return on equity of 35.45% and a net margin of 23.51%. The company's revenue for the quarter was up .6% on a year-over-year basis. During the same period last year, the firm posted $0.82 EPS. View Eaton Vance's Earnings History.

Eaton Vance is scheduled to release their next quarterly earnings announcement on Tuesday, November 26th 2019. View Earnings Estimates for Eaton Vance.

7 brokerages have issued 12 month price targets for Eaton Vance's shares. Their predictions range from $39.00 to $50.00. On average, they expect Eaton Vance's share price to reach $43.1667 in the next twelve months. This suggests that the stock has a possible downside of 4.1%. View Analyst Price Targets for Eaton Vance.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eaton Vance in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Eaton Vance.

Press coverage about EV stock has been trending somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing 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 news impact score of -1.3 on InfoTrie's scale. They also gave news 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 impact on the company's share price in the near future. View News Stories for Eaton Vance.

Eaton Vance saw a decline in short interest in August. As of August 31st, there was short interest totalling 5,639,300 shares, a decline of 7.6% from the July 31st total of 6,106,000 shares. Based on an average daily volume of 729,900 shares, the days-to-cover ratio is currently 7.7 days. Currently, 5.1% 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 Ameriprise Financial (AMP), LEG & GEN GRP P/S (LGGNY), KKR & Co Inc (KKR), Franklin Resources (BEN), Oaktree Capital Group LLC Unit (OAK), Apollo Global Management (APO), Invesco (IVZ), Morningstar (MORN), Lazard (LAZ), Affiliated Managers Group (AMG), Janus Henderson Group (JHG), Legg Mason (LM), Evercore (EVR), Federated Investors (FII) and Ares Management (ARES).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eaton Vance investors own include Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Exxon Mobil (XOM), Intel (INTC), PepsiCo (PEP), Energy Transfer LP Unit (ET), IBM (IBM), Procter & Gamble (PG) and Amgen (AMGN).

Eaton Vance's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.59%), BlackRock Inc. (10.59%), Vanguard Group Inc. (9.37%), Wells Fargo & Company MN (4.41%), JPMorgan Chase & Co. (1.66%) and Janus Henderson Group PLC (1.45%). Company insiders that own Eaton Vance stock include Ann E Berman, Brian D Langstraat, Dorothy E Puhy, 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.

EV stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Eaton Vance Management, BlackRock Inc., BlackRock Inc., Earnest Partners LLC, Vanguard Group Inc., Bank of America Corp DE and Paloma Partners Management Co. Company insiders that have sold Eaton Vance company stock in the last year include Brian D Langstraat, Leo I Higdon Jr and Thomas E Faust Jr. View Insider Buying and Selling for Eaton Vance.

EV stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Skandinaviska Enskilda Banken AB publ, Schroder Investment Management Group, Los Angeles Capital Management & Equity Research Inc., Cubist Systematic Strategies LLC, KBC Group NV and SG Americas Securities LLC. View Insider Buying and Selling 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 $45.00.

Eaton Vance has a market capitalization of $5.09 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 1,764 workers across the globe.View Additional Information About Eaton Vance.

The official website for Eaton Vance is http://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.