NYSE:EVEaton Vance Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Eaton Vance Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $37.25 +1.20 (+3.33 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$36.18Now: $37.25▼$37.4750-Day Range$32.56MA: $34.95▼$39.1452-Week Range$23.59Now: $37.25▼$51.79Volume959,103 shsAverage Volume835,536 shsMarket Capitalization$4.26 billionP/E Ratio10.89Dividend Yield4.16%Beta1.48 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingEaton Vance has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.00, Eaton Vance has a potential upside of 4.7% from its current price of $37.25.Amount of Analyst CoverageEaton Vance has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.4 Community Rank Outperform VotesEaton Vance has received 261 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEaton Vance has received 692 “underperform” votes. (Add your “underperform” vote.)Community SentimentEaton Vance has received 72.61% “underperform” votes from our community.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. Previous Next 5.0 Dividend Strength Dividend LeadershipEaton Vance is a leading dividend payer. It pays a dividend yield of 4.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEaton Vance has been increasing its dividend for 39 years.Dividend CoverageThe dividend payout ratio of Eaton Vance is 43.48 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Eaton Vance will have a dividend payout ratio of 50.34 % next year. This indicates that Eaton Vance will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eaton Vance insiders have not sold or bought any company stock.Percentage Held by Institutions67.25% of the stock of Eaton Vance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Eaton Vance are expected to decrease by -3.56% in the coming year, from $3.09 to $2.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eaton Vance is 10.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Eaton Vance is 10.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.92.Price to Earnings Growth RatioEaton Vance has a PEG Ratio of 1.81. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEaton Vance has a P/B Ratio of 3.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 1.4Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.14 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:EV Previous Symbol CUSIP27826510 CIK350797 Webwww.eatonvance.com Phone617-482-8260Debt Debt-to-Equity Ratio1.34 Current Ratio4.93 Quick Ratio5.98Price-To-Earnings Trailing P/E Ratio10.89 Forward P/E Ratio12.06 P/E Growth1.81 Sales & Book Value Annual Sales$1.68 billion Price / Sales2.53 Cash Flow$4.03 per share Price / Cash Flow9.25 Book Value$10.47 per share Price / Book3.56Profitability EPS (Most Recent Fiscal Year)$3.45 Net Income$400.04 million Net Margins22.48% Return on Equity32.92% Return on Assets9.73%Miscellaneous Employees1,871 Outstanding Shares114,257,000Market Cap$4.26 billion Next Earnings Date8/25/2020 (Estimated) OptionableOptionable EV Rates by TradingView Receive EV News and Ratings via Email Sign-up to receive the latest news and ratings for EV and its competitors with MarketBeat's FREE daily newsletter. Eaton Vance (NYSE:EV) Frequently Asked Questions How has Eaton Vance's stock been impacted by COVID-19 (Coronavirus)? 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 shares have increased by 12.8% and is now trading at $37.25. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Eaton Vance? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eaton Vance in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Eaton Vance. When is Eaton Vance's next earnings date? Eaton Vance is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Eaton Vance. How were Eaton Vance's earnings last quarter? Eaton Vance Corp (NYSE:EV) released its quarterly earnings data on Wednesday, May, 20th. The asset manager reported $0.80 EPS for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.09. The asset manager earned $405.90 million during the quarter, compared to analyst estimates of $421.55 million. Eaton Vance had a net margin of 22.48% and a return on equity of 32.92%. The firm's revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.89 EPS. View Eaton Vance's earnings history. How often does Eaton Vance pay dividends? What is the dividend yield for Eaton Vance? Eaton Vance declared 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 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Wednesday, April 29th. View Eaton Vance's dividend history. How will Eaton Vance's stock buyback program work? Eaton Vance declared that its Board of Directors has authorized a stock repurchase program on Wednesday, July 10th 2019, which permits the company to buyback 8,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued. What price target have analysts set for EV? 7 Wall Street analysts have issued 1 year target prices for Eaton Vance's stock. Their forecasts range from $35.00 to $49.00. On average, they anticipate Eaton Vance's stock price to reach $39.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View analysts' price targets for Eaton Vance. Has Eaton Vance been receiving favorable news coverage? Media headlines about EV stock have trended extremely positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eaton Vance earned a coverage optimism score of 5.0 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 press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutEaton Vance. Are investors shorting Eaton Vance? Eaton Vance saw a increase in short interest in 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 trading volume of 800,500 shares, the short-interest ratio is currently 2.8 days. Approximately 2.1% of the company's shares are short sold. View Eaton Vance's Current Options Chain. Who are some of Eaton Vance's key competitors? 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. What other stocks do shareholders of Eaton Vance own? 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). Who are Eaton Vance's key executives? Eaton Vance's management team includes the following people: Mr. Thomas E. Faust Jr., CFA, Chairman, CEO & Pres (Age 61)Ms. Laurie Greenwald Hylton CPA, VP & CFO (Age 53)Mr. Frederick Stewart Marius, VP, Corp. Sec. & Chief Legal Officer (Age 56)Mr. Matthew Joseph Witkos, Pres of Eaton Vance Distributors Inc (Age 53)Ms. Julie E. Rozen, VP & Chief Accounting Officer (Age 46) What is Eaton Vance's stock symbol? Eaton Vance trades on the New York Stock Exchange (NYSE) under the ticker symbol "EV." Who are Eaton Vance's major shareholders? Eaton Vance's stock is owned by many different 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. Which major investors are selling Eaton Vance stock? 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. Which major investors are buying Eaton Vance stock? 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Eaton Vance's stock price today? One share of EV stock can currently be purchased for approximately $37.25. How big of a company is Eaton Vance? Eaton Vance has a market capitalization of $4.26 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. What is Eaton Vance's official website? The official website for Eaton Vance is www.eatonvance.com. 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. This page was last updated on 6/1/2020 by MarketBeat.com Staff
