Eaton Vance (EV) Stock Price, News & Analysis

Eaton Vance Corp. (NYSE:EV) released its quarterly earnings results on Tuesday, February, 23rd. The asset manager reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.10. The asset manager earned $488.95 million during the quarter, compared to analysts' expectations of $458.13 million. Eaton Vance had a net margin of 8.01% and a trailing twelve-month return on equity of 29.84%.

Eaton Vance (NYSE:EV) pays an annual dividend of $1.50 per share and currently has a dividend yield of 2.05%. The dividend payout ratio is 45.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EV will have a dividend payout ratio of 35.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EV.

84 employees have rated Eaton Vance Chief Executive Officer Tom Faust Jr. on Glassdoor.com. Tom Faust Jr. has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eaton Vance investors own include AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Cisco Systems (CSCO), Johnson & Johnson (JNJ), PepsiCo (PEP), Duke Energy (DUK), Intel (INTC) and International Business Machines (IBM).