Eaton Vance 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. The company was founded in 1944 and is based in Boston, Massachusetts.
EV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Eaton Vance Corp. To summarize, we found that Eaton Vance Corp ranked in the 28th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for EV, they are:
The company has produced more trailing twelve month cash flow than 52.53% of its sector Financial Services.
Eaton Vance Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 14.69% of tickers in our DCF set.
Eaton Vance Corp's effective tax rate, as measured by taxes paid relative to net income, is at 22 -- greater than 83.31% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CNFR, GDOT, PRA, HLNE, and NMFC can be thought of as valuation peers to EV, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
In connection with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of certain Eaton Vance closed-end funds (each, a "Fund" and, collectively, the "Funds") were asked to approve new investment advisory agreements and, where applicable, new investment sub-advisory agreements for the Funds at an adjourned joint special meeting of shareholders held on January 22, 2021 (the "Meeting").
NEW YORK, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies: Eaton Vance Corp. (NYSE: EV) Eaton Vance has agreed to be acquired by Morgan Stanley. Under the proposed transaction, shareholders of Eaton will receive $28.25 in cash and 0.5833 shares of Morgan Stanley common stock per share. Anworth Mortgage Asset Corporation (NYSE: ANH) A registration statement was recently filed with the SEC regarding Ready Capital’s acquisition of Anworth. Under the p...
Eaton Vance Portfolio Manager Yana Barton says investors should avoid passive investing and pick stocks in underappreciated sectors that are primed to do well throughout 2021 such as healthcare, industrials and energy.
WILMINGTON, Del., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Eaton Vance Corp. (“Eaton Vance”) (NYSE: EV) regarding possible breaches of fiduciary duties and other violations of law related to Eaton Vance’s agreement to be acquired by Morgan Stanley (NYSE: MS). Under the terms of the agreement, Eaton Vance’s shareholders will receive 0.5833 shares of Morgan Stanley common stock and $28.25 in cash per share. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-eaton-vance-corp. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars o...
On January 4, 2021, Eaton Vance Tax Advgd Gbl (NYSE:ETG) announced shareholders can expect to receive a dividend payable on January 29, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Eaton Vance Tax Advgd Gbl has an ex-dividend date planned for January 21, 2021. The company's current dividend payout sits at $0.1. That equates to a dividend yield of 6.74% at current price levels.The Significance Of Ex-Dividend Dates An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying t...