NYSE:EV - Eaton Vance Stock Price, News & Analysis

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. Stockholders 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 3.02%. The ex-dividend date of this dividend is Tuesday, July 30th. View Eaton Vance's Dividend History.

Eaton Vance declared that its board has authorized a stock repurchase program on Wednesday, July 10th 2019, which authorizes the company to repurchase 8,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Eaton Vance Corp (NYSE:EV) released its quarterly earnings results on Tuesday, August, 27th. The asset manager reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.03. The asset manager earned $431.24 million during the quarter, compared to analyst estimates of $433.98 million. Eaton Vance had a net margin of 23.51% and a return on equity of 35.45%. The firm's quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.82 earnings per share. 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 analysts have issued 12-month target prices for Eaton Vance's stock. Their predictions range from $39.00 to $50.00. On average, they anticipate Eaton Vance's share price to reach $43.1667 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. 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.

Media stories about EV stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Eaton Vance earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Eaton Vance.

Eaton Vance saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 5,639,300 shares, a decrease 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 presently 7.7 days. Currently, 5.1% of the shares of the stock are short sold. 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), Federated Investors (FII), Evercore (EVR) 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 many different of institutional and retail investors. Top institutional investors 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.

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 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.

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 $46.35.

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.

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.