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.
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Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone617-482-8260
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.70 billion
Profitability
Miscellaneous
Employees1,764
Next Earnings Date11/26/2019 (Estimated)
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 declared a quarterly dividend on Tuesday, July 9th. Investors of record on Wednesday, July 31st will be paid a dividend of $0.35 per share on Thursday, August 15th. This represents a $1.40 annualized dividend and a yield of 3.02%. The ex-dividend date of this dividend is Tuesday, July 30th. 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 stock buyback program on Wednesday, July 10th 2019, which authorizes the company to repurchase 8,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management 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, August, 27th. The asset manager reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.87 by $0.03. The asset manager had revenue of $431.24 million for the quarter, compared to the consensus estimate of $433.98 million. Eaton Vance had a net margin of 23.51% and a return on equity of 35.45%. Eaton Vance's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 EPS. View Eaton Vance's Earnings History.
When is Eaton Vance's next earnings date?
What price target have analysts set for EV?
7 brokerages have issued 12 month target prices for Eaton Vance's shares. Their forecasts range from $39.00 to $50.00. On average, they expect Eaton Vance's share price to reach $43.1667 in the next year. This suggests that the stock has a possible downside of 6.9%. 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 2 sell ratings and 5 hold 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?
Headlines about EV stock have trended somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Eaton Vance earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Eaton Vance.
Are investors shorting Eaton Vance?
Eaton Vance saw a decline in short interest during the month of 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 trading volume of 729,900 shares, the days-to-cover ratio is currently 7.7 days. Approximately 5.1% of the company's stock 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 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), Federated Investors (FII), Evercore (EVR) and Ares Management (ARES).
What other stocks do shareholders of Eaton Vance own?
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 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)
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. (10.59%), 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, 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 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.
Which major investors are buying Eaton Vance stock?
EV stock was purchased 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.
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 $46.35.
How big of a company is Eaton Vance?
Eaton Vance has a market capitalization of $5.24 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.
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.
