Evertec Company Profile (NYSE:EVTC)

Evertec trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVTC."

Evertec declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.10 per share on Friday, September 8th. This represents a $0.40 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Thursday, August 3rd. View Evertec's Dividend History.

Evertec, Inc. (NYSE:EVTC) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.02. The business earned $103.51 million during the quarter, compared to analyst estimates of $100.21 million. Evertec had a return on equity of 107.21% and a net margin of 19.64%. The firm's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. View Evertec's Earnings History.

Evertec is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Evertec.

Evertec issued an update on its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $1.63-1.71 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.64. The company issued revenue guidance of $411-417 million, compared to the consensus revenue estimate of $399.74 million.

4 brokerages have issued 12-month target prices for Evertec's stock. Their predictions range from $17.00 to $20.00. On average, they expect Evertec's share price to reach $18.50 in the next twelve months. View Analyst Ratings for Evertec.

Here are some recent quotes from research analysts about Evertec stock:

• 1. According to Zacks Investment Research, "Evertec, Inc. is engaged in transaction processing business primarily in Latin America and the Caribbean. The Company operates through divisions which consist of Merchant Acquiring Solutions, Payment Processing and Business Solutions. It offers ATH network, payment processing, card products processing, electronic benefit transfer services, information technology services, database management services, printing centre and document mailing, cash processing, business processes outsourcing services as well as payment solutions, point-of-sale systems and accessories to receive payments. Evertec, Inc. is based in San Juan, Puerto Rico. " (10/16/2017)
• 2. Stifel Nicolaus analysts commented, "In our view, EVTC's better than expected 4Q results were more than offset by disappointing initial 2017 guidance. Additionally, we are concerned by the shrinking bellwether acquiring business, international attrition and continued macro headwinds in PR. On the positive side, we are encouraged by the newly announced acquisition of Chilean payments company PayGroup, which is the company's first meaningfully step toward international expansion. That said, the growth outlook remains challenged and coupled with continued margin pressure, we struggle to find reasons for optimism. Therefore despite an attractive valuation at just 10.4x 2018 EPS, we continue to believe a wait and see approach is best." (2/23/2017)

Some companies that are related to Evertec include Acxiom Corporation (ACXM), Syntel (SYNT), TeleTech Holdings (TTEC), Baozun (BZUN), Insight Enterprises (NSIT), AVEVA Group plc (AVV), Imperva (IMPV), Globant S.A. (GLOB), Presidio (PSDO), CSG Systems International (CSGS), ePlus inc. (PLUS), Web.com Group (WEB), Sykes Enterprises, Incorporated (SYKE), Barracuda Networks (CUDA), Computacenter plc (CCC), ManTech International Corporation (MANT), Endurance International Group Holdings (EIGI) and Virtusa Corporation (VRTU).

Evertec's management team includes the folowing people:

• Frank G. D'Angelo, Independent Chairman of the Board
• Morgan M. Schuessler, President, Chief Executive Officer, Director
• Peter J. S. Smith, Chief Financial Officer, Executive Vice President, Treasurer
• Mariana Goldvarg, President - Latin America
• Philip E. Steurer, Executive Vice President, Chief Operating Officer
• Luis A. Rodriguez, Executive Vice President - Corporate Development and Strategy and General Counsel
• Guillermo Rospigliosi, Executive Vice President - Product, Marketing and Innovation
• Carlos J. Ramirez, Executive Vice President - Head of Business Solutions
• Miguel Vizcarrondo, Executive Vice President - Head of Merchant Acquiring Business and Payment Processing
• Nestor Obie Rivera, Director

Evertec's stock is owned by a number of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.05%). View Institutional Ownership Trends for Evertec.

Evertec's stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Evertec.

Shares of Evertec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Evertec stock can currently be purchased for approximately $14.55.