Eaton Vance (EV) to Release Earnings on Wednesday

Eaton Vance (NYSE:EV) is scheduled to release its earnings data before the market opens on Wednesday, August 29th. Analysts expect Eaton Vance to post earnings of $0.81 per share for the quarter.

Shares of NYSE EV opened at $54.03 on Tuesday. Eaton Vance has a fifty-two week low of $45.06 and a fifty-two week high of $60.95. The company has a current ratio of 8.05, a quick ratio of 8.05 and a debt-to-equity ratio of 0.67. The stock has a market cap of $6.34 billion, a P/E ratio of 21.77, a P/E/G ratio of 0.90 and a beta of 1.64.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 15th. Investors of record on Tuesday, July 31st were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend was Monday, July 30th. Eaton Vance’s dividend payout ratio is currently 50.00%.

A number of brokerages recently weighed in on EV. Zacks Investment Research cut shares of Eaton Vance from a “hold” rating to a “sell” rating in a research note on Thursday, August 9th. Citigroup cut their price objective on shares of Eaton Vance from $65.50 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, May 31st. ValuEngine cut shares of Eaton Vance from a “buy” rating to a “hold” rating in a research note on Wednesday, May 23rd. Credit Suisse Group lifted their price objective on shares of Eaton Vance from $57.00 to $61.00 and gave the company a “neutral” rating in a research note on Wednesday, May 23rd. Finally, Bank of America upgraded shares of Eaton Vance from a “neutral” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Wednesday, May 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $58.63.

Eaton Vance Company Profile

Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts.

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Earnings History for Eaton Vance (NYSE:EV)

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