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Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Better Than Oil Stocks (Ad)
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Better Than Oil Stocks (Ad)
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Better Than Oil Stocks (Ad)
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
NYSE:EVTC

EVERTEC (EVTC) Stock Price, News & Analysis

$41.20
+0.33 (+0.81%)
(As of 02/23/2024 ET)
Today's Range
$40.75
$41.57
50-Day Range
$38.40
$42.22
52-Week Range
$31.55
$42.21
Volume
135,212 shs
Average Volume
213,419 shs
Market Capitalization
$2.66 billion
P/E Ratio
27.84
Dividend Yield
0.49%
Price Target
$41.00

EVERTEC MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.5% Downside
$41.00 Price Target
Short Interest
Healthy
1.69% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.98mentions of EVERTEC in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.95%
From $2.51 to $2.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.94 out of 5 stars

Business Services Sector

202nd out of 308 stocks

Data Processing & Preparation Industry

36th out of 61 stocks

EVTC stock logo

About EVERTEC Stock (NYSE:EVTC)

EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; and Business Solutions segments. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. In addition, the company offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers services. Further, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Additionally, the company owns and operates the ATH network, an automated teller machine and personal identification number debit networks. It manages a system of electronic payment networks that process approximately six billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

EVTC Stock Price History

EVTC Stock News Headlines

EVERTEC (EVTC) Set to Announce Quarterly Earnings on Wednesday
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Analyst who called Lehman crash says our biggest calamities (1907, 1929, 2007, etc) all start in the same spot--and it’s about to happen again. More here.
EVERTEC Declares Quarterly Dividend on Common Stock
EVERTEC Declares Quarterly Dividend on Common Stock
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See More Headlines
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Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 12/1 Dividend
10/27/2023
Dividend Payable
12/01/2023
Today
2/24/2024
Ex-Dividend for 3/15 Dividend
2/26/2024
Next Earnings (Confirmed)
2/28/2024
Dividend Payable
3/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Employees
2,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.00
High Stock Price Target
$50.00
Low Stock Price Target
$32.00
Potential Upside/Downside
-0.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$239.01 million
Pretax Margin
16.23%

Debt

Sales & Book Value

Annual Sales
$618.41 million
Cash Flow
$3.69 per share
Book Value
$7.28 per share

Miscellaneous

Free Float
64,217,000
Market Cap
$2.66 billion
Optionable
Optionable
Beta
1.23
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EVTC Stock Analysis - Frequently Asked Questions

Should I buy or sell EVERTEC stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EVERTEC in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" EVTC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EVTC, but not buy additional shares or sell existing shares.
View EVTC analyst ratings
or view top-rated stocks.

What is EVERTEC's stock price target for 2024?

3 analysts have issued 1 year price objectives for EVERTEC's shares. Their EVTC share price targets range from $32.00 to $50.00. On average, they predict the company's stock price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for EVTC
or view top-rated stocks among Wall Street analysts.

How have EVTC shares performed in 2024?

EVERTEC's stock was trading at $40.94 at the start of the year. Since then, EVTC stock has increased by 0.6% and is now trading at $41.20.
View the best growth stocks for 2024 here
.

Are investors shorting EVERTEC?

EVERTEC saw a decrease in short interest in January. As of January 15th, there was short interest totaling 1,100,000 shares, a decrease of 26.2% from the December 31st total of 1,490,000 shares. Based on an average trading volume of 323,600 shares, the short-interest ratio is currently 3.4 days. Approximately 1.7% of the shares of the company are short sold.
View EVERTEC's Short Interest
.

When is EVERTEC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our EVTC earnings forecast
.

How can I listen to EVERTEC's earnings call?

EVERTEC will be holding an earnings conference call on Wednesday, February 28th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "3065281".

How were EVERTEC's earnings last quarter?

EVERTEC, Inc. (NYSE:EVTC) announced its quarterly earnings results on Wednesday, October, 27th. The business services provider reported $0.62 earnings per share for the quarter, hitting analysts' consensus estimates of $0.62. The business services provider earned $145.90 million during the quarter, compared to analysts' expectations of $142.64 million. EVERTEC had a net margin of 14.65% and a trailing twelve-month return on equity of 32.30%. The firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business earned $0.61 EPS.

How often does EVERTEC pay dividends? What is the dividend yield for EVERTEC?

EVERTEC declared a quarterly dividend on Thursday, February 15th. Stockholders of record on Tuesday, February 27th will be paid a dividend of $0.05 per share on Friday, March 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend is Monday, February 26th.
Read our dividend analysis for EVTC
.

Is EVERTEC a good dividend stock?

EVERTEC (NYSE:EVTC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.49%. The dividend payout ratio is 13.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVTC will have a dividend payout ratio of 7.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EVTC.

What is Mac Schuessler's approval rating as EVERTEC's CEO?

2 employees have rated EVERTEC Chief Executive Officer Mac Schuessler on Glassdoor.com. Mac Schuessler has an approval rating of 65% among the company's employees.

What other stocks do shareholders of EVERTEC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EVERTEC investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), KeyCorp (KEY), OPKO Health (OPK), Cree (CREE), Cisco Systems (CSCO), Energy Transfer (ET), Etsy (ETSY), International Business Machines (IBM) and Pfizer (PFE).

Who are EVERTEC's major shareholders?

EVERTEC's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.53%), Capital International Investors (4.85%), River Road Asset Management LLC (3.20%), Dimensional Fund Advisors LP (2.58%), Victory Capital Management Inc. (2.01%) and Northern Trust Corp (1.44%). Insiders that own company stock include Castillo Rodrigo Del, Diego Viglianco, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Luis A Rodriguez-Gonzalez, Morgan M Schuessler, Paola Perez-Surillo, Philip E Steurer and Popular, Inc.
View institutional ownership trends
.

How do I buy shares of EVERTEC?

Shares of EVTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:EVTC) was last updated on 2/25/2024 by MarketBeat.com Staff

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