EVERTEC Stock Price, News & Analysis (NYSE:EVTC)

3 Wall Street 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 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.

3 brokerages have issued twelve-month price targets for EVERTEC's shares. Their EVTC share price targets range from $32.00 to $50.00. On average, they predict the company's share price to reach $39.33 in the next year. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for EVTC or view top-rated stocks among Wall Street analysts.

EVERTEC's stock was trading at $32.38 on January 1st, 2023. Since then, EVTC stock has increased by 9.7% and is now trading at $35.53.
View the best growth stocks for 2023 here.

EVERTEC saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,470,000 shares, a decrease of 5.2% from the October 31st total of 1,550,000 shares. Based on an average daily volume of 277,600 shares, the days-to-cover ratio is currently 5.3 days. Approximately 2.3% of the company's stock are short sold.
View EVERTEC's Short Interest.

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

EVERTEC, Inc. (NYSE:EVTC) released its quarterly earnings data on Thursday, October, 26th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.17. The business services provider had revenue of $173.20 million for the quarter, compared to analysts' expectations of $157.42 million. EVERTEC had a trailing twelve-month return on equity of 32.30% and a net margin of 14.65%.

EVERTEC announced a quarterly dividend on Thursday, October 19th. Shareholders of record on Monday, October 30th will be paid a dividend of $0.05 per share on Friday, December 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend is Friday, October 27th.
Read our dividend analysis for EVTC.

EVERTEC (NYSE:EVTC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.55%. 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 7.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EVTC.

ETFs with the largest weight of EVERTEC (NYSE:EVTC) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ), Invesco S&P SmallCap Quality ETF (XSHQ), ETFMG Prime Mobile Payments ETF (IPAY), Opus Small Cap Value Plus ETF (OSCV), Invesco S&P SmallCap Financials ETF (PSCF) and Timothy Plan US Small Cap Core ETF (TPSC).SPDR S&P 600 Small Cap ETF (SLY).

EVERTEC issued an update on its FY23 earnings guidance on Thursday, October, 26th. The company provided EPS guidance of $2.81-2.86 for the period, compared to the consensus estimate of $2.79. The company issued revenue guidance of $663-667 million, compared to the consensus revenue estimate of $655.26 million.

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.

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).

EVERTEC's stock is owned by many different institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (6.33%), River Road Asset Management LLC (3.41%), Loomis Sayles & Co. L P (2.25%), Fuller & Thaler Asset Management Inc. (1.92%), Northern Trust Corp (1.48%) and FMR LLC (1.38%). Insiders that own company stock include Castillo Rodrigo Del, Diego Viglianco, Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo, Philip E Steurer and Popular, Inc.
View institutional ownership trends.

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