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

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

Eaton Vance announced a quarterly dividend on Friday, January 10th. Shareholders of record on Friday, January 31st will be given a dividend of $0.375 per share on Friday, February 14th. This represents a $1.50 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date is Thursday, January 30th. View Eaton Vance's Dividend History.

Eaton Vance announced that its board has authorized a share buyback program 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 repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

Eaton Vance Corp (NYSE:EV) announced its earnings results on Tuesday, November, 26th. The asset manager reported $0.95 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $0.07. The asset manager had revenue of $433.74 million for the quarter, compared to the consensus estimate of $438.42 million. Eaton Vance had a net margin of 23.77% and a return on equity of 35.32%. Eaton Vance's quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.85 EPS. View Eaton Vance's Earnings History.

Eaton Vance is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Eaton Vance.

5 brokerages have issued twelve-month price targets for Eaton Vance's stock. Their forecasts range from $49.00 to $51.00. On average, they anticipate Eaton Vance's stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for Eaton Vance.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eaton Vance in the last year. There are currently 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 trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog 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 media sentiment score of -1.4 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 news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Eaton Vance.

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), Invesco (IVZ), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII), Legg Mason (LM) and Main Street Capital (MAIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eaton Vance investors own include Cisco Systems (CSCO), AT&T (T), Exxon Mobil (XOM), IBM (IBM), Johnson & Johnson (JNJ), Pfizer (PFE), Intel (INTC), PepsiCo (PEP), Verizon Communications (VZ) and AbbVie (ABBV).

Eaton Vance's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (0.83%), California Public Employees Retirement System (0.24%), Gateway Investment Advisers LLC (0.19%), CWM LLC (0.17%), Triad Investment Management (0.07%) and Farmers & Merchants Investments Inc. (0.06%). 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 CWM LLC, Nisa Investment Advisors LLC, Arizona State Retirement System, United Services Automobile Association, Dupont Capital Management Corp, IFP Advisors Inc, IFM Investors Pty Ltd and Welch & Forbes LLC. 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 for Eaton Vance.

EV stock was purchased by a variety of institutional investors in the last quarter, including Sciencast Management LP, Boston Trust Walden Corp, California Public Employees Retirement System, Gateway Investment Advisers LLC, JGP Wealth Management LLC, Janney Montgomery Scott LLC, Donald L. Hagan LLC and Coastline Trust Co. 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 $45.80.

Eaton Vance has a market capitalization of $5.18 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.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.