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 declared a quarterly dividend on Friday, January 10th. Investors of record on Friday, January 31st will be paid 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 3.05%. The ex-dividend date of this dividend is Thursday, January 30th. View Eaton Vance's Dividend History.

Eaton Vance announced that its Board of Directors has approved a stock repurchase program 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 purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

Eaton Vance Corp (NYSE:EV) announced its quarterly earnings data on Tuesday, November, 26th. The asset manager reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.07. The asset manager earned $433.74 million during the quarter, compared to analyst estimates of $438.42 million. Eaton Vance had a return on equity of 35.32% and a net margin of 23.77%. The business's revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the business posted $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 Wall Street analysts have issued 12 month price targets for Eaton Vance's shares. Their forecasts range from $49.00 to $51.00. On average, they expect Eaton Vance's stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 0.7% 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.

News articles about EV stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. 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 media sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Eaton Vance.

Eaton Vance saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,930,000 shares, an increase of 10.2% from the January 15th total of 2,660,000 shares. Based on an average daily trading volume, of 575,500 shares, the days-to-cover ratio is presently 5.1 days. Currently, 2.7% 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 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), Invesco (IVZ), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) 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 Amgen (AMGN).

Eaton Vance's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (8.72%), Earnest Partners LLC (1.74%), Bank of New York Mellon Corp (1.46%), Charles Schwab Investment Management Inc. (1.07%), Boston Trust Walden Corp (0.83%) and Bank of America Corp DE (0.77%). 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 Schroder Investment Management Group, Marshall Wace North America L.P., Skandinaviska Enskilda Banken AB publ , Schonfeld Strategic Advisors LLC, State of Tennessee Treasury Department, State Street Corp, Financial Counselors Inc. and AlphaCrest Capital Management 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 Earnest Partners LLC, Credit Suisse AG, First Trust Advisors LP, Bank of America Corp DE, Bank of New York Mellon Corp, Teacher Retirement System of Texas, Trexquant Investment LP and Russell Investments Group Ltd.. 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 $49.15.

Eaton Vance has a market capitalization of $5.56 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.