NYSE:EVTC - Evertec Stock Price, Forecast & News

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

Evertec announced a quarterly dividend on Thursday, February 20th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.05 per share on Friday, April 3rd. This represents a $0.20 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Tuesday, March 3rd. View Evertec's Dividend History.

Evertec Inc (NYSE:EVTC) released its quarterly earnings data on Tuesday, October, 30th. The business services provider reported $0.45 EPS for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.04. The business services provider had revenue of $112.02 million for the quarter, compared to the consensus estimate of $108.94 million. Evertec had a return on equity of 58.35% and a net margin of 20.62%. The firm's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.33 earnings per share. View Evertec's Earnings History.

Evertec is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Evertec.

Evertec issued an update on its FY20 earnings guidance on Tuesday, February, 25th. The company provided EPS guidance of $2.00-2.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.17. The company issued revenue guidance of $501-508 million, compared to the consensus revenue estimate of $505.81 million.

1 analysts have issued 12 month target prices for Evertec's stock. Their forecasts range from $36.00 to $36.00. On average, they anticipate Evertec's share price to reach $36.00 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Evertec.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evertec in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Evertec.

News coverage about EVTC stock has trended somewhat positive on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Evertec earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Evertec.

Evertec saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,780,000 shares, a decline of 9.2% from the January 15th total of 1,960,000 shares. Based on an average trading volume of 393,800 shares, the days-to-cover ratio is presently 4.5 days. Currently, 3.0% of the shares of the stock are short sold. View Evertec's Current Options Chain.

Some companies that are related to Evertec include Zendesk (ZEN), Clarivate Analytics (CCC), Pegasystems (PEGA), Bilibili (BILI), DXC Technology (DXC), Proofpoint (PFPT), Zynga (ZNGA), Globant (GLOB), Five9 (FIVN), YY (YY), Corelogic (CLGX), Inovalon (INOV), CarGurus (CARG), LiveRamp (RAMP) and 8X8 (EGHT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Evertec investors own include KeyCorp (KEY), Snap (SNAP), Huntington Bancshares (HBAN), Roku (ROKU), AbbVie (ABBV), IBM (IBM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Docusign (DOCU) and Etsy (ETSY).

Evertec's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.26%), State Street Corp (2.56%), Boston Partners (2.22%), Bank of New York Mellon Corp (1.66%), Man Group plc (1.65%) and Geode Capital Management LLC (1.36%). Company insiders that own Evertec stock include Carlos J Ramirez, Diana I Rivera-Ramirez, Frank G D'angelo, Guillermo Rospigliosi, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Philip E Steurer and Tere Loubriel. View Institutional Ownership Trends for Evertec.

EVTC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, AQR Capital Management LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC, PNC Financial Services Group Inc., Chicago Equity Partners LLC, Navellier & Associates Inc and Goldman Sachs Group Inc.. Company insiders that have sold Evertec company stock in the last year include Diana I Rivera-Ramirez, Luis A Rodriguez-Gonzalez, Morgan M Schuessler and Philip E Steurer. View Insider Buying and Selling for Evertec.

EVTC stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Man Group plc, Prudential Financial Inc., Bank of America Corp DE, FMR LLC, Marshall Wace North America L.P., Citigroup Inc. and TD Asset Management Inc.. View Insider Buying and Selling for Evertec.

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

One share of EVTC stock can currently be purchased for approximately $31.43.

Evertec has a market capitalization of $2.26 billion and generates $453.87 million in revenue each year. The business services provider earns $86.27 million in net income (profit) each year or $1.70 on an earnings per share basis. Evertec employs 2,100 workers across the globe.View Additional Information About Evertec.

The official website for Evertec is http://www.evertecinc.com/.

Evertec's mailing address is Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926. The business services provider can be reached via phone at 787-759-9999 or via email at [email protected]