NYSE:EVEaton Vance Stock Price, Forecast & News

Eaton Vance's stock was trading at $33.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EV stock has increased by 13.7% and is now trading at $37.53. 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 6 hold ratings and 1 buy rating 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) posted its quarterly earnings data on Wednesday, May, 20th. The asset manager reported $0.80 earnings per share (EPS) for the quarter, topping the 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 business's revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.89 EPS. View Eaton Vance's earnings history.

Eaton Vance announced a quarterly dividend on Thursday, April 16th. Shareholders 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 yield of 4.00%. The ex-dividend date of this dividend is Wednesday, April 29th. View Eaton Vance's dividend history.

Eaton Vance announced that its board has authorized a stock repurchase program 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

7 brokers have issued 1 year price targets for Eaton Vance's shares. Their forecasts range from $35.00 to $49.00. On average, they anticipate Eaton Vance's stock price to reach $38.14 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View analysts' price targets for Eaton Vance.

News stories about EV stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring 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 media sentiment score of -2.6 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutEaton 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 daily volume of 800,500 shares, the days-to-cover ratio is presently 2.8 days. Approximately 2.1% of the shares of the company are sold short. 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), Legg Mason (LM), Invesco (IVZ), Cohen & Steers (CNS), Affiliated Managers Group (AMG), Main Street Capital (MAIN) and Federated Investors (FII). 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 a number of retail and institutional 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.

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.

EV stock was purchased 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.

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 $37.53.

Eaton Vance has a market capitalization of $4.29 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.