EVERTEC (EVTC) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EVERTEC in the last twelve months. 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 Wall Street research analysts have issued 12-month target prices for EVERTEC's stock. Their EVTC share price targets range from $33.00 to $50.00. On average, they expect the company's share price to reach $41.33 in the next year. This suggests a possible upside of 10.0% 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 $40.94 at the start of the year. Since then, EVTC shares have decreased by 8.2% and is now trading at $37.58.
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EVERTEC saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,820,000 shares, an increase of 25.5% from the March 15th total of 1,450,000 shares. Based on an average daily trading volume, of 316,000 shares, the days-to-cover ratio is currently 5.8 days. Approximately 2.8% of the company's shares are sold short.
View EVERTEC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our EVTC earnings forecast.

EVERTEC, Inc. (NYSE:EVTC) issued its quarterly earnings results on Wednesday, February, 28th. The business services provider reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by $0.06. The business services provider earned $194.62 million during the quarter, compared to analyst estimates of $179.86 million. EVERTEC had a trailing twelve-month return on equity of 29.73% and a net margin of 11.48%.

EVERTEC declared a quarterly dividend on Thursday, February 15th. Investors of record on Tuesday, February 27th will be given a dividend of $0.05 per share on Friday, March 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend is Monday, February 26th.
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 0.54%. The dividend payout ratio is 16.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVTC will have a dividend payout ratio of 7.58% 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), Opus Small Cap Value Plus ETF (OSCV), Amplify Mobile Payments ETF (IPAY), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and Invesco S&P SmallCap Financials ETF (PSCF).SPDR S&P 600 Small Cap ETF (SLY).

EVERTEC updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of 2.820-2.940 for the period, compared to the consensus EPS estimate of 2.970. The company issued revenue guidance of $844.0 million-$854.0 million, compared to the consensus revenue estimate of $779.5 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 retail and institutional investors. Top institutional shareholders include Bridge City Capital LLC (0.09%). 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, Morgan M Schuessler, Paola Perez-Surillo, Philip E Steurer and Popular, Inc.
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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.
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