EVERTEC Stock Forecast, Price & News

+0.25 (+0.63 %)
(As of 04/12/2021 12:00 AM ET)
Today's Range
Now: $39.81
50-Day Range
MA: $37.78
52-Week Range
Now: $39.81
Volume263,212 shs
Average Volume417,833 shs
Market Capitalization$2.87 billion
P/E Ratio30.16
Dividend Yield0.51%
EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting services, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Further, the company owns and operates the ATH network, a personal identification number debit networks in Latin America. It manages a system of electronic payment networks that process approximately two billion transactions. The company sells and distributes its services primarily through a proprietary direct sales force. It serves financial institutions, merchants, corporations, and government agencies. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

Industry, Sector and Symbol

Industry Data processing & preparation
Year FoundedN/A



Sales & Book Value

Annual Sales$487.37 million
Cash Flow$2.94 per share
Book Value$3.78 per share


Net Income$103.47 million


Market Cap$2.87 billion
Next Earnings Date5/14/2021 (Estimated)


$0.53 EPS Expected for EVERTEC, Inc. (NYSE:EVTC) This Quarter
April 7, 2021 |  americanbankingnews.com
Returns On Capital At EVERTEC (NYSE:EVTC) Have Stalled
April 2, 2021 |  finance.yahoo.com
EVERTEC, Inc. (NYSE:EVTC) EVP Sells $963,826.92 in Stock
March 22, 2021 |  americanbankingnews.com
New Strong Sell Stocks for March 5th - Yahoo Finance
March 5, 2021 |  finance.yahoo.com
Vuzix and SOS among tech gainers; - Seeking Alpha
March 1, 2021 |  seekingalpha.com
See More Headlines


Overall MarketRank

1.70 out of 5 stars

Business Services Sector

68th out of 441 stocks

Data Processing & Preparation Industry

15th out of 100 stocks

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
+0.25 (+0.63 %)
(As of 04/12/2021 12:00 AM ET)
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EVERTEC (NYSE:EVTC) Frequently Asked Questions

Is EVERTEC a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EVERTEC in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" EVERTEC stock. 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 analyst ratings for EVERTEC
or view top-rated stocks.

What stocks does MarketBeat like better than EVERTEC?

Wall Street analysts have given EVERTEC a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but EVERTEC wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is EVERTEC's next earnings date?

EVERTEC is scheduled to release its next quarterly earnings announcement on Friday, May 14th 2021.
View our earnings forecast for EVERTEC

How were EVERTEC's earnings last quarter?

EVERTEC, Inc. (NYSE:EVTC) issued its quarterly earnings data on Sunday, February, 28th. The business services provider reported $0.59 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.54 by $0.05. The business services provider earned $134.20 million during the quarter, compared to the consensus estimate of $133.45 million. EVERTEC had a trailing twelve-month return on equity of 47.02% and a net margin of 19.30%. EVERTEC's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.48 earnings per share.
View EVERTEC's earnings history

How has EVERTEC's stock been impacted by Coronavirus (COVID-19)?

EVERTEC's stock was trading at $26.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EVTC stock has increased by 50.5% and is now trading at $39.81.
View which stocks have been most impacted by COVID-19

How often does EVERTEC pay dividends? What is the dividend yield for EVERTEC?

EVERTEC announced a quarterly dividend on Thursday, February 18th. Stockholders of record on Monday, March 1st will be given a dividend of $0.05 per share on Friday, March 26th. This represents a $0.20 annualized dividend and a yield of 0.50%. The ex-dividend date is Friday, February 26th.
View EVERTEC's dividend history

Is EVERTEC a good dividend stock?

EVERTEC pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.51%. EVERTEC does not yet have a strock track record of dividend growth. The dividend payout ratio of EVERTEC is 11.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVERTEC will have a dividend payout ratio of 9.39% next year. This indicates that EVERTEC will be able to sustain or increase its dividend.
View EVERTEC's dividend history.

What guidance has EVERTEC issued on next quarter's earnings?

EVERTEC updated its FY 2021 Pre-Market earnings guidance on Monday, March, 1st. The company provided earnings per share (EPS) guidance of 2.15-2.23 for the period, compared to the Thomson Reuters consensus estimate of $2.28. The company issued revenue guidance of $533-544 million, compared to the consensus revenue estimate of $536.17 million.

What price target have analysts set for EVTC?

4 equities research analysts have issued 12-month target prices for EVERTEC's shares. Their forecasts range from $34.00 to $43.00. On average, they expect EVERTEC's share price to reach $37.40 in the next year. This suggests that the stock has a possible downside of 6.1%.
View analysts' price targets for EVERTEC
or view top-rated stocks among Wall Street analysts.

Who are EVERTEC's key executives?

EVERTEC's management team includes the following people:
  • Mr. Morgan M. Schuessler Jr., Pres, CEO & Director (Age 48)
  • Mr. Joaquin A. Castrillo-Salgado, Exec. VP & CFO (Age 38, Pay $625.08k)
  • Mr. Philip E. Steurer, Exec. VP & COO (Age 52)
  • Mr. Miguel Vizcarrondo Carrión, Exec. VP of Payment Services, Puerto Rico & Caribbean, Bus. Solutions and Merchant Acquiring (Age 48)
  • Mr. Guillermo Rospigliosi, Exec. VP and Chief Product & Innovation Officer (Age 47, Pay $623.97k)
  • Ms. Paola Pérez Surillo, Exec. VP & Chief Admin. Officer (Age 36)
  • Ms. Kay Sharpton, VP of Investor Relations
  • Mr. Luis A. Rodríguez-González, Gen. Counsel, Exec. VP of Legal, Compliance & Corp. Devel. and Sec. (Age 43)
  • Ms. Alexandra López-Soler, Sr. VP of Marketing & Communication
  • Mr. Carlos J. Ramírez, Exec. VP of Puerto Rico Sales (Age 57)

What is Mac Schuessler's approval rating as EVERTEC's CEO?

2 employees have rated EVERTEC CEO Mac Schuessler on Glassdoor.com. Mac Schuessler has an approval rating of 65% among EVERTEC's employees.

Who are some of EVERTEC's key competitors?

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 institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.06%) and Everence Capital Management Inc. (0.01%). Company insiders that own EVERTEC stock include Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo and Philip E Steurer.
View institutional ownership trends for EVERTEC

Which major investors are selling EVERTEC stock?

EVTC stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold EVERTEC company stock in the last year include Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo, and Philip E Steurer.
View insider buying and selling activity for EVERTEC
or view top insider-selling stocks.

Which major investors are buying EVERTEC stock?

EVTC stock was bought by a variety of institutional investors in the last quarter, including Everence Capital Management Inc..
View insider buying and selling activity for EVERTEC
or or view top insider-buying stocks.

How do I buy shares of EVERTEC?

Shares of EVTC 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 $39.81.

How much money does EVERTEC make?

EVERTEC has a market capitalization of $2.87 billion and generates $487.37 million in revenue each year. The business services provider earns $103.47 million in net income (profit) each year or $1.81 on an earnings per share basis.

How many employees does EVERTEC have?

EVERTEC employs 2,300 workers across the globe.

What is EVERTEC's official website?

The official website for EVERTEC is www.evertecinc.com.

Where are EVERTEC's headquarters?

EVERTEC is headquartered at Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926.

How can I contact EVERTEC?

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]

This page was last updated on 4/13/2021 by MarketBeat.com Staff
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