Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. More Details
+ 1 more risk
Excellent balance sheet average dividend payer.
Share Price & News
How has Eaton Vance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EV is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: EV's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: EV exceeded the US Capital Markets industry which returned 12.1% over the past year.
Return vs Market: EV exceeded the US Market which returned 20.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Eaton Vance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Much Of Eaton Vance Corp. (NYSE:EV) Do Institutions Own?
1 month ago | Simply Wall StFour Days Left To Buy Eaton Vance Corp. (NYSE:EV) Before The Ex-Dividend Date
1 month ago | Simply Wall StIs Eaton Vance Corp. (NYSE:EV) The Right Choice For A Smart Dividend Investor?
Is Eaton Vance undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EV ($68.72) is trading above our estimate of fair value ($43.7)
Significantly Below Fair Value: EV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EV is poor value based on its PE Ratio (54.4x) compared to the US Capital Markets industry average (23.5x).
PE vs Market: EV is poor value based on its PE Ratio (54.4x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: EV is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: EV is overvalued based on its PB Ratio (5.7x) compared to the US Capital Markets industry average (4.6x).
How is Eaton Vance forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EV's forecast earnings growth (18.2% per year) is above the savings rate (2.2%).
Earnings vs Market: EV's earnings (18.2% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: EV's earnings are forecast to grow, but not significantly.
Revenue vs Market: EV's revenue (6% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: EV's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EV's Return on Equity is forecast to be very high in 3 years time (40%).
How has Eaton Vance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EV has a large one-off gain of $39.4M impacting its October 31 2020 financial results.
Growing Profit Margin: EV's current net profit margins (8%) are lower than last year (23.8%).
Past Earnings Growth Analysis
Earnings Trend: EV's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: EV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EV had negative earnings growth (-65.4%) over the past year, making it difficult to compare to the Capital Markets industry average (3%).
Return on Equity
High ROE: EV's Return on Equity (8.6%) is considered low.
How is Eaton Vance's financial position?
Financial Position Analysis
Short Term Liabilities: EV's short term assets ($3.5B) exceed its short term liabilities ($373.1M).
Long Term Liabilities: EV's short term assets ($3.5B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: EV's debt to equity ratio (42.6%) is considered high.
Reducing Debt: EV's debt to equity ratio has reduced from 80.8% to 42.6% over the past 5 years.
Debt Coverage: EV's debt is well covered by operating cash flow (58.7%).
Interest Coverage: EV's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is Eaton Vance current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EV's dividend (2.18%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: EV's dividend (2.18%) is low compared to the top 25% of dividend payers in the US market (4.08%).
Stability and Growth of Payments
Stable Dividend: EV's dividends per share have been stable in the past 10 years.
Growing Dividend: EV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (118.7%), EV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EV's dividends in 3 years are forecast to be well covered by earnings (40.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Thomas Faust (62 yo)
Mr. Thomas E. Faust, Jr., CFA, also known as Tom, serves as a member of the Eaton Vance Fund Boards since 2007. He is Director and President of Eaton Vance, Inc., Chief Executive Officer and President of E...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD13.37M) is above average for companies of similar size in the US market ($USD6.89M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
|VP & CFO||8.67yrs||US$3.39m||0.22% |
|VP, Corporate Secretary & Chief Legal Officer||12.42yrs||US$2.35m||0.051% |
|President of Eaton Vance Distributors Inc||13.5yrs||US$5.66m||0.21% |
|VP & Chief Accounting Officer||3.83yrs||no data||0.0093% |
|Chief Information Officer||no data||no data||0.017% |
|VP & Chief Administrative Officer||2.5yrs||no data||0.18% |
|VP, Treasurer & Director of Investor Relations||2.5yrs||no data||no data|
|VP & Chief Compliance Officer||3.08yrs||no data||no data|
|Director of Media Relations||no data||no data||no data|
|Chief Human Resources Officer||0.58yr||no data||no data|
|President Emeritus of Eaton Vance Investment Counsel||16.83yrs||no data||no data|
Experienced Management: EV's management team is seasoned and experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Eaton Vance Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Eaton Vance Corp.
- Ticker: EV
- Exchange: NYSE
- Founded: 1981
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$7.514b
- Shares outstanding: 109.34m
- Website: https://www.eatonvance.com
Number of Employees
- Eaton Vance Corp.
- Two International Place
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EV||NYSE (New York Stock Exchange)||Yes||Non-Voting Common Stock||US||USD||Jan 1969|
|EVCN||DB (Deutsche Boerse AG)||Yes||Non-Voting Common Stock||DE||EUR||Jan 1969|
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 i...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 23:43|
|End of Day Share Price||2020/11/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.