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 (WHO). Since then, EV stock has increased by 10.5% and is now trading at $36.47. 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) announced its quarterly earnings results on Wednesday, May, 20th. The asset manager reported $0.80 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 analysts' expectations of $421.55 million. Eaton Vance had a net margin of 22.48% and a return on equity of 32.92%. Eaton Vance's revenue was down 1.5% compared to the same quarter last year. During the same period last year, the firm posted $0.89 earnings per share. View Eaton Vance's earnings history.

Eaton Vance announced a quarterly dividend on Thursday, April 16th. Stockholders of record on Thursday, April 30th will be given 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 4.11%. The ex-dividend date of this dividend is Wednesday, April 29th. View Eaton Vance's dividend history.

Eaton Vance announced that its Board of Directors has authorized a share buyback plan on Wednesday, July 10th 2019, which allows the company to repurchase 8,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board believes its shares are undervalued.

7 brokerages have issued 1 year price targets for Eaton Vance's shares. 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 8.9% from the stock's current price. View analysts' price targets for Eaton Vance.

Media coverage about EV stock has been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media 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 news sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Eaton Vance.

Eaton Vance saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,570,000 shares, a decrease 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 short-interest ratio is presently 1.7 days. Currently, 1.4% of the company's shares 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), 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."

Eaton Vance's stock is owned by many different institutional and retail investors. Top institutional shareholders include JLB & Associates Inc. (0.19%), Core Alternative Capital (0.12%), Envestnet Asset Management Inc. (0.09%), JGP Wealth Management LLC (0.06%), Louisiana State Employees Retirement System (0.02%) and Polianta Ltd (0.02%). 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 Core Alternative Capital, Northwest Investment Counselors LLC, JLB & Associates Inc., and Carroll Financial Associates 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 purchased by a variety of institutional investors in the last quarter, including Polianta Ltd, Livforsakringsbolaget Skandia Omsesidigt, Envestnet Asset Management Inc., JGP Wealth Management LLC, and Louisiana State Employees Retirement System. 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 $36.47.

Eaton Vance has a market capitalization of $4.16 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.