Eaton Vance Stock Price, News & Analysis (NYSE:EV)

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

Eaton Vance announced a quarterly dividend on Wednesday, October 9th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.375 per share on Friday, November 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date is Wednesday, October 30th. This is a boost from Eaton Vance's previous quarterly dividend of $0.35. View Eaton Vance's Dividend History.

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

Eaton Vance Corp (NYSE:EV) announced its earnings results on Tuesday, August, 27th. The asset manager reported $0.90 EPS for the quarter, topping the consensus estimate of $0.87 by $0.03. The asset manager earned $431.24 million during the quarter, compared to the consensus estimate of $433.98 million. Eaton Vance had a return on equity of 35.45% and a net margin of 23.51%. The firm's quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.82 EPS. 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 brokers 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 $43.17 in the next twelve months. This suggests that the stock has a possible downside of 2.0%. 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 headlines about EV stock have trended somewhat positive on Saturday, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eaton Vance earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Eaton Vance.

Eaton Vance saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,370,000 shares, an increase of 29.3% from the August 30th total of 3,380,000 shares. Based on an average daily volume of 694,300 shares, the short-interest ratio is presently 6.3 days. Currently, 4.0% of the shares of the company are short sold. View Eaton Vance's Current Options Chain.

Some companies that are related to Eaton Vance include Ameriprise Financial (AMP), KKR & Co Inc (KKR), Franklin Resources (BEN), Oaktree Capital Group LLC Unit (OAK), Apollo Global Management (APO), Invesco (IVZ), Morningstar (MORN), Janus Henderson Group (JHG), Lazard (LAZ), Affiliated Managers Group (AMG), Federated Investors (FII), Ares Management (ARES), Houlihan Lokey (HLI), Legg Mason (LM) and Evercore (EVR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eaton Vance investors own include Cisco Systems (CSCO), AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Intel (INTC), PepsiCo (PEP), Energy Transfer LP Unit (ET), IBM (IBM), Amgen (AMGN) and Ford Motor (F).

Eaton Vance's stock is owned by many different of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.18%), Triad Investment Management (0.07%), Envestnet Asset Management Inc. (0.07%), Nisa Investment Advisors LLC (0.04%), Pacer Advisors Inc. (0.04%) and Coastline Trust Co (0.04%). Company insiders that own Eaton Vance stock include Brian D Langstraat, Dorothy E Puhy, 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 State of Alaska Department of Revenue, Triad Investment Management, Pacer Advisors Inc., Gateway Investment Advisers LLC, Crossmark Global Holdings Inc., Endurance Wealth Management Inc., Nisa Investment Advisors LLC and Stephens Inc. AR. 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 Envestnet Asset Management Inc., Cerebellum GP LLC, Cerebellum GP LLC, Robeco Institutional Asset Management B.V., Coastline Trust Co and DNB Asset Management AS. 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 $44.07.

Eaton Vance has a market capitalization of $4.98 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.