Evertec, Inc. (NYSE:EVTC – Get Free Report) declared a quarterly dividend on Thursday, October 29th. Stockholders of record on Monday, November 9th will be paid a dividend of $0.05 per share by the business services provider on Friday, December 4th. This represents a $0.20 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, November 9th.
Evertec has a payout ratio of 5.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Evertec to earn $3.84 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 5.2%.
Evertec Stock Down 0.6%
EVTC stock opened at $31.01 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a market cap of $1.85 billion, a PE ratio of 20.13, a P/E/G ratio of 0.89 and a beta of 0.72. Evertec has a one year low of $21.81 and a one year high of $34.41. The firm’s fifty day moving average is $29.55 and its 200 day moving average is $28.39.
Evertec (NYSE:EVTC – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.10. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The firm had revenue of $274.82 million for the quarter, compared to the consensus estimate of $262.24 million. During the same period last year, the firm posted $0.89 earnings per share. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. On average, research analysts forecast that Evertec will post 3.53 EPS for the current year.
Evertec Company Profile
Evertec, Inc is a payment processing and financial technology company that provides transaction-processing services and business technology solutions to financial institutions, merchants, government agencies and other organizations. The company operates through businesses that support electronic payments, merchant acquiring, payment networks and related financial services.
Its products and services include debit and credit card processing, point-of-sale and e-commerce payment acceptance, automated teller machine processing, prepaid services, electronic bill payment and money transfer solutions.
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