Eaton Vance Corporation (NYSE:EV) will post its quarterly earnings results before the market opens on Tuesday, November 21st. Analysts expect Eaton Vance Corporation to post earnings of $0.71 per share for the quarter.

Eaton Vance Corporation (NYSE:EV) last posted its quarterly earnings data on Wednesday, August 23rd. The asset manager reported $0.62 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.05). The firm had revenue of $393.70 million for the quarter, compared to the consensus estimate of $398.74 million. Eaton Vance Corporation had a return on equity of 34.47% and a net margin of 18.03%. The company’s revenue was up 15.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.56 EPS. On average, analysts expect Eaton Vance Corporation to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Eaton Vance Corporation (NYSE:EV) opened at $51.79 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 5.74 and a current ratio of 5.74. The company has a market cap of $6,016.09, a P/E ratio of 22.13, a P/E/G ratio of 0.99 and a beta of 1.86. Eaton Vance Corporation has a 52 week low of $38.98 and a 52 week high of $52.36.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend was Monday, October 30th. This is a positive change from Eaton Vance Corporation’s previous quarterly dividend of $0.28. Eaton Vance Corporation’s payout ratio is 53.91%.

A number of brokerages have issued reports on EV. Keefe, Bruyette & Woods restated a “hold” rating and set a $53.00 price target on shares of Eaton Vance Corporation in a research note on Friday, November 10th. Zacks Investment Research upgraded shares of Eaton Vance Corporation from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a research note on Thursday, November 2nd. Bank of America Corporation upped their price target on shares of Eaton Vance Corporation from $49.00 to $51.00 and gave the company a “neutral” rating in a research note on Tuesday, October 31st. Jefferies Group LLC restated a “hold” rating and set a $46.00 price target on shares of Eaton Vance Corporation in a research note on Thursday, October 26th. Finally, Deutsche Bank AG began coverage on shares of Eaton Vance Corporation in a research note on Tuesday, October 17th. They set a “buy” rating and a $57.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $52.06.

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In other news, insider Frederick S. Marius sold 8,915 shares of the company’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $47.55, for a total value of $423,908.25. Following the sale, the insider now directly owns 30,955 shares of the company’s stock, valued at approximately $1,471,910.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew J. Witkos sold 82,617 shares of the company’s stock in a transaction on Friday, October 13th. The shares were sold at an average price of $51.27, for a total transaction of $4,235,773.59. The disclosure for this sale can be found here. Insiders sold a total of 596,037 shares of company stock worth $29,808,641 over the last ninety days.

Eaton Vance Corporation Company Profile

Eaton Vance Corp. is engaged in the business of managing investment funds and providing investment management and advisory services to high-net-worth individuals and institutions. The Company operates as an investment advisor to funds and separate accounts. The Company, through its subsidiaries and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds, global income, high-yield and investment grade bonds.

Earnings History for Eaton Vance Corporation (NYSE:EV)

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