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 Thursday, April 27th. Shareholders of record on Monday, May 8th will be paid a dividend of $0.10 per share on Friday, June 9th. This represents a $0.40 annualized dividend and a yield of 2.27%. The ex-dividend date is Thursday, May 4th. View Evertec's Dividend History.

Evertec Inc (NYSE:EVTC) issued its earnings results on Wednesday, May, 3rd. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.06. The company had revenue of $101.28 million for the quarter, compared to the consensus estimate of $98.66 million. Evertec had a return on equity of 81.53% and a net margin of 22.85%. View Evertec's Earnings History.

Evertec updated its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $1.54-1.67 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59.

4 equities research analysts have issued 12-month target prices for Evertec's shares. Their predictions range from $17.00 to $19.00. On average, they anticipate Evertec's share price to reach $18.25 in the next year. 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. " (7/17/2017)
• 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 Verint Systems (VRNT), 2U (TWOU), Verifone Systems (PAY), Acxiom Corporation (ACXM), Sophos Group PLC (SOPH), Inovalon Holdings (INOV), TeleTech Holdings (TTEC), Imperva (IMPV), ManTech International Corporation (MANT), Baozun (BZUN), Insight Enterprises (NSIT), Globant S.A. (GLOB), Sykes Enterprises, Incorporated (SYKE), CSG Systems International (CSGS), Syntel (SYNT), Presidio (PSDO), AVEVA Group plc (AVV) and Endurance International Group Holdings (EIGI).

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
• Philip E. Steurer, Executive Vice President, Chief Operating Officer
• 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
• Olga Botero, Independent Director
• Jorge A. Junquera, Independent Director

Evertec's stock is owned by a number of of retail and institutional investors. Top institutional investors include Legato Capital Management LLC (0.15%) and First Quadrant L P CA (0.01%). Company insiders that own Evertec stock include Carlos J Ramirez and Miguel Vizcarrondo. View Institutional Ownership Trends for Evertec.

Evertec's stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA. View Insider Buying and Selling for Evertec.

Evertec's stock was acquired by a variety of institutional investors in the last quarter, including Legato Capital Management LLC. 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 $17.65.