Is Eaton Vance Floating-Rate stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Eaton Vance Floating-Rate pays dividends. Last time was Thursday 31st of October 2024 where the investors holding the stock on Wednesday 23rd of October 2024 were paid $0.109 per share. Over the last 244 times between 2004 and 2024, Eaton Vance Floating-Rate has paid $21.5536 with an average of $0.09 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Eaton Vance Floating-Rate 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $13.28, you would have made a loss of $-0.230 per share or -1.73%
Yes, the average daily trading liquidity for Eaton Vance Floating-Rate is $92 898 thousand. You should therefore be able to get in and out of your positions relatively fast.
Eaton Vance Floating-Rate has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.25, the company's ability to pay off the debt is normal. Eaton Vance Floating-Rate has a very good net profit margin of 115.00% and should have very high tolerances against inflation.
We have calculated the inflation risk for Eaton Vance Floating-Rate to be low [0.45 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.