NYSE:EVTC EVERTEC - EVTC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding EVERTEC, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $33.15 +0.08 (+0.24%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$32.84▼$33.1850-Day Range$32.36▼$38.1652-Week Range$30.17▼$42.37Volume234,355 shsAverage Volume361,253 shsMarket Capitalization$2.15 billionP/E Ratio9.47Dividend Yield0.60%Price Target$36.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EVERTEC MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.9% Upside$36.75 Price TargetShort InterestHealthy1.41% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.37Based on 5 Articles This WeekInsider TradingSelling Shares$1.49 M Sold Last QuarterProj. Earnings Growth11.11%From $2.34 to $2.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 starsBusiness Services Sector102nd out of 328 stocksData Processing & Preparation Industry17th out of 70 stocks 2.0 Analyst's Opinion Consensus RatingEVERTEC has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.75, EVERTEC has a forecasted upside of 10.9% from its current price of $33.15.Amount of Analyst CoverageEVERTEC has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.41% of the float of EVERTEC has been sold short.Short Interest Ratio / Days to CoverEVERTEC has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in EVERTEC has recently decreased by 8.03%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldEVERTEC has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthEVERTEC does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of EVERTEC is 5.71%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, EVERTEC will have a dividend payout ratio of 7.69% next year. This indicates that EVERTEC will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EVTC. Previous Next 1.9 News and Social Media Coverage News SentimentEVERTEC has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for EVERTEC this week, compared to 2 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EVERTEC insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,489,573.00 in company stock.Percentage Held by InsidersOnly 0.44% of the stock of EVERTEC is held by insiders.Percentage Held by Institutions97.74% of the stock of EVERTEC is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for EVERTEC are expected to grow by 11.11% in the coming year, from $2.34 to $2.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EVERTEC is 9.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.79.Price to Earnings Ratio vs. SectorThe P/E ratio of EVERTEC is 9.47, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 290.47.Price to Book Value per Share RatioEVERTEC has a P/B Ratio of 4.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About EVERTEC (NYSE:EVTC) StockEVERTEC, Inc. engages in the provision of transaction services. It operates through the following segments: Payment Services-Puerto Rico and Caribbean, Payment Services-Latin America, Merchant Acquiring, Business Solutions, and Corporate and Other. The Payment Services segment is involved in the authorization, processing, management and recording of automated teller machines (ATM) and point of sales transactions, and ATM management and monitoring. The Merchant Acquiring segment offers services to merchants of all sizes, enabling them to accept all types of electronic payments. The Business Solutions segment consists of bank processing, network hosting and management, information technology professional services, business process outsourcing, item processing, cash processing, and fulfillment. The Corporate and Other represents corporate overhead, certain leveraged activities, other non-operating expenses, and intersegment eliminations. The company was founded in 1998 and is headquartered in San Juan, Puerto Rico.Read More Receive EVTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EVERTEC and its competitors with MarketBeat's FREE daily newsletter. Email Address EVTC Stock News HeadlinesMarch 25, 2023 | americanbankingnews.comEVERTEC, Inc. (NYSE:EVTC) EVP Sells $515,562.70 in StockMarch 16, 2023 | seekingalpha.comEvertec Faces Services Inflation And Emerging Market UncertaintiesMarch 29, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 14, 2023 | finance.yahoo.comEVERTEC Announces Appointment of Executive Vice President of Corporate DevelopmentFebruary 25, 2023 | nasdaq.comEx-Dividend Reminder: Evertec, UGI and Estee LauderFebruary 24, 2023 | finance.yahoo.comEstimating The Fair Value Of EVERTEC, Inc. (NYSE:EVTC)February 22, 2023 | apnews.comEvertec: Q4 Earnings SnapshotFebruary 22, 2023 | msn.comEvertec (EVTC) Matches Q4 Earnings EstimatesMarch 29, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 22, 2023 | finance.yahoo.comEVERTEC Reports Fourth Quarter and Full Year 2022 ResultsFebruary 22, 2023 | finance.yahoo.comEVERTEC Closes the Acquisition of Brazilian Payments Company paySmartFebruary 22, 2023 | benzinga.comEvertec's Ex-Dividend Date Is Monday, Here's What You Need To KnowFebruary 22, 2023 | theglobeandmail.comS&P Futures Tick Lower Ahead Of FOMC Meeting MinutesFebruary 13, 2023 | finance.yahoo.comClearlake and Motive-Backed BetaNXT Names Peter Smith as Chief Financial OfficerFebruary 8, 2023 | finance.yahoo.comEVERTEC's (NYSE:EVTC) investors will be pleased with their strong 143% return over the last five yearsFebruary 7, 2023 | tmcnet.comEVERTEC to Announce Fourth Quarter 2022 Financial ResultsFebruary 7, 2023 | finance.yahoo.comEVERTEC to Announce Fourth Quarter 2022 Financial Results on February 22, 2023January 31, 2023 | finance.yahoo.comEVERTEC Included for the Fifth Year in a Row in the Bloomberg Gender-Equality Index 2023December 13, 2022 | finance.yahoo.comIs There Now An Opportunity In EVERTEC, Inc. (NYSE:EVTC)?December 2, 2022 | finance.yahoo.comEVERTEC Announces Refinancing of Credit FacilitiesNovember 26, 2022 | finance.yahoo.comWhy EVERTEC, Inc. (NYSE:EVTC) Looks Like A Quality CompanyNovember 9, 2022 | finance.yahoo.comEVERTEC Third Quarter 2022 Earnings: EPS Beats ExpectationsNovember 5, 2022 | seekingalpha.comEVERTEC, Inc. (EVTC) Q3 2022 Earnings Call TranscriptNovember 4, 2022 | finance.yahoo.comHere's Why We Think EVERTEC (NYSE:EVTC) Is Well Worth WatchingNovember 4, 2022 | markets.businessinsider.comWhere Evertec Stands With AnalystsNovember 2, 2022 | finance.yahoo.comEVERTEC Reports Third Quarter 2022 ResultsNovember 2, 2022 | finance.yahoo.comEvertec (EVTC) Misses Q3 Earnings EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EVTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EVERTEC and its competitors with MarketBeat's FREE daily newsletter. Email Address EVTC Company Calendar Last Earnings2/22/2023Ex-Dividend for 3/17 Dividend2/27/2023Dividend Payable3/17/2023Today3/28/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Data processing & preparation Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:EVTC CUSIPN/A CIK1559865 Webwww.evertecinc.com Phone(787) 759-9999Fax787-250-7356Employees2,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$36.75 High Stock Price Forecast$43.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+10.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.50 Trailing P/E Ratio9.47 Forward P/E Ratio14.17 P/E GrowthN/ANet Income$239.01 million Net Margins38.65% Pretax Margin43.31% Return on Equity31.29% Return on Assets13.23% Debt Debt-to-Equity Ratio0.82 Current Ratio1.87 Quick Ratio1.87 Sales & Book Value Annual Sales$618.41 million Price / Sales3.48 Cash Flow$3.71 per share Price / Cash Flow8.94 Book Value$7.28 per share Price / Book4.55Miscellaneous Outstanding Shares64,986,000Free Float64,700,000Market Cap$2.15 billion OptionableOptionable Beta0.98 Key ExecutivesMorgan M. SchuesslerPresident, Chief Executive Officer & DirectorDiego VigliancoChief Operating Officer & Executive Vice PresidentJoaquín A. Castrillo SalgadoChief Financial Officer, Treasurer & Executive VPMaria GoisSenior Vice President-Information TechnologyMiguel VizcarrondoChief Product, Innovation Officer & EVPKey CompetitorsPagSeguro DigitalNYSE:PAGSLiveRampNYSE:RAMPYextNYSE:YEXTGlobal Blue GroupNYSE:GBSterling CheckNASDAQ:STERView All CompetitorsInsiders & InstitutionsPaola Perez-SurilloSold 15,335 sharesTotal: $515,562.70 ($33.62/share)Victory Capital Management Inc.Bought 58,024 shares on 3/10/2023Ownership: 0.382%Morgan M SchuesslerSold 27,101 sharesTotal: $974,009.94 ($35.94/share)North Star Asset Management Inc.Bought 866 shares on 3/6/2023Ownership: 1.137%Voya Investment Management LLCSold 3,560 shares on 2/28/2023Ownership: 0.225%View All Insider TransactionsView All Institutional Transactions EVTC Stock - Frequently Asked Questions Should I buy or sell EVERTEC stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EVERTEC in the last twelve months. There are currently 1 sell 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 forecast for 2023? 2 analysts have issued 1-year price objectives for EVERTEC's shares. Their EVTC share price forecasts range from $29.00 to $43.00. On average, they predict the company's share price to reach $36.75 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View analysts price targets for EVTC or view top-rated stocks among Wall Street analysts. How have EVTC shares performed in 2023? EVERTEC's stock was trading at $32.38 at the beginning of the year. Since then, EVTC stock has increased by 2.4% and is now trading at $33.15. View the best growth stocks for 2023 here. Are investors shorting EVERTEC? EVERTEC saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 908,100 shares, a decline of 8.0% from the February 28th total of 987,400 shares. Based on an average daily trading volume, of 353,400 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.4% of the company's stock 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 Thursday, April 27th 2023. View our EVTC earnings forecast. How were EVERTEC's earnings last quarter? EVERTEC, Inc. (NYSE:EVTC) posted its quarterly earnings results on Wednesday, February, 22nd. The business services provider reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by $0.01. The business services provider had revenue of $161.79 million for the quarter, compared to analysts' expectations of $154.51 million. EVERTEC had a trailing twelve-month return on equity of 31.29% and a net margin of 38.65%. How often does EVERTEC pay dividends? What is the dividend yield for EVERTEC? EVERTEC announced a quarterly dividend on Thursday, February 16th. Stockholders of record on Tuesday, February 28th will be paid a dividend of $0.05 per share on Friday, March 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date is Monday, February 27th. Read our dividend analysis for EVTC. What ETFs hold EVERTEC's stock? ETFs with the largest weight of EVERTEC (NYSE:EVTC) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap Quality ETF (XSHQ), ETFMG Prime Mobile Payments ETF (IPAY), Opus Small Cap Value Plus ETF (OSCV), Invesco S&P SmallCap Low Volatility ETF (XSLV), JPMorgan Social Advancement ETF (UPWD) and Xtrackers S&P SmallCap 600 ESG ETF (SMLE). 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 0.61%. The dividend payout ratio is 5.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVTC will have a dividend payout ratio of 7.69% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EVTC. What guidance has EVERTEC issued on next quarter's earnings? EVERTEC updated its FY23 earnings guidance on Wednesday, February, 22nd. The company provided EPS guidance of $2.53-$2.64 for the period, compared to the consensus estimate of $2.58. The company issued revenue guidance of $638-$647 million, compared to the consensus revenue estimate of $633.68 million. 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). What is EVERTEC's stock symbol? EVERTEC trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVTC." Who are EVERTEC's major shareholders? EVERTEC's stock is owned by many different retail and institutional investors. Top institutional shareholders include American Century Companies Inc. (6.53%), River Road Asset Management LLC (3.12%), Boston Partners (3.02%), Dimensional Fund Advisors LP (2.44%), Geode Capital Management LLC (1.94%) and Renaissance Technologies LLC (1.51%). 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. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is EVERTEC's stock price today? One share of EVTC stock can currently be purchased for approximately $33.15. How much money does EVERTEC make? EVERTEC (NYSE:EVTC) has a market capitalization of $2.15 billion and generates $618.41 million in revenue each year. The business services provider earns $239.01 million in net income (profit) each year or $3.50 on an earnings per share basis. How many employees does EVERTEC have? The company employs 2,700 workers across the globe. How can I contact EVERTEC? EVERTEC's mailing address is Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926. The official website for the company is www.evertecinc.com. The business services provider can be reached via phone at (787) 759-9999, via email at ir@evertecinc.com, or via fax at 787-250-7356. This page (NYSE:EVTC) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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