EFT

Eaton Vance Floating-Rate Income Trust [EFT] Stock Forecast

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RSI : 000

EFT Stock Summary

In the News

03:45 29 Mar 2024 EFT

EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario

The Eaton Vance Floating-Rate Income Trust offers a high yield of 10.80%, which is higher than most investment-grade or junk bond funds. The EFT closed-end fund's portfolio consists mainly of floating-rate senior loans, which have higher yields than long-dated bonds in an inverted yield curve situation. The fund's distribution has been inconsistent over the years, but this is natural since the fund's income varies with interest rates.

08:29 29 Mar 2024 EFT

Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks

Total Annual Passive Dividend Income  $10,898.00    ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.

03:09 29 Mar 2024 EFT

FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade)

FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade)

05:30 29 Mar 2024 EFT

NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)

NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)

05:41 29 Mar 2024 EFT

FTF: A Good Compromise Debt CEF For A Strong Economy In 2024

FTF: A Good Compromise Debt CEF For A Strong Economy In 2024

01:58 29 Mar 2024 EFT

EFT: Should Work To Protect Against 2024 Market Volatility

The Eaton Vance Floating-Rate Income Trust offers a high yield of 11.15% due to short-term interest rates being higher than long-term rates. The fund's share price performance has been modest compared to the Bloomberg U.S. Aggregate Bond Index, but its stability and high yield make it attractive. The fund's diverse portfolio and stability make it a potential hedge against volatility in the bond market, appealing to risk-averse investors.

11:22 29 Mar 2024 EFT

Weekly Closed-End Fund Roundup: Tortoise Tender Results (November 19, 2023)

22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.

06:51 29 Mar 2024 EFT

EFT: Protection Against Interest Rates And A High Yield

The Eaton Vance Floating-Rate Income Trust offers a high level of current income with a yield of 11.48%. The EFT closed-end fund has performed well compared to the S&P 500 Index, delivering a 1.42% total return over the past two months. The EFT fund primarily invests in floating-rate debt securities, which can perform well in a rising interest-rate environment.

07:08 29 Mar 2024 EFT

EFT: A Good 10.86%-Yielding Income Fund For Rising Rates

The pervasive inflation in the U.S. has led to declining real wages and strained household budgets, driving people to seek extra sources of income. Eaton Vance Floating-Rate Income Trust is a closed-end fund that specializes in generating income through investing in floating-rate debt securities. The EFT fund's portfolio primarily consists of floating-rate bank loans, providing diversification and low default risk, and has outperformed the aggregate bond index over the past year.

09:33 29 Mar 2024 EFT

CEF Weekly Review: (Some) CEF Net Income Turns Negative

We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The net income profile of some CEFs has turned negative, owing to a high cost of leverage.

EFT Financial details

Company Rating
Buy
Market Cap
343.24M
Income
55.63M
Revenue
71.65M
Book val./share
12.18
Cash/share
0.48
Dividend
1.23
Dividend %
9.68%
Employees
-
Optionable
No
Shortable
Yes
Earnings
-
P/E
22.8
Forward P/E
-
PEG
-0.43
P/S
9.69
P/B
1
P/C
27.81
P/FCF
8.3
Quick Ratio
0.12
Current Ratio
0.12
Debt / Equity
0.58
LT Debt / Equity
0.58
-
-
EPS (TTM)
1.95
EPS next Y
-
EPS next Q
1.34
EPS this Y
-213.33%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
1.65%
Revenue last 5Y
-4.81%
Revenue Q/Q
-27.93%
EPS Q/Q
85.25%
-
-
-
-
SMA20
-
SMA50
-
SMA100
8.33%
Inst Own
25.14%
Inst Trans
0.7%
ROA
3%
ROE
8%
ROC
0.08%
Gross Margin
100%
Oper. Margin
90%
Profit Margin
43%
Payout
147%
Shs Outstand
26.18M
Shs Float
26.17M
-
-
-
-
Target Price
-
52W Range
11.1-13.44
52W High
+2.69%
52W Low
+21.36%
RSI
61
Rel Volume
1.18
Avg Volume
101.15K
Volume
119.3K
Perf Week
1.37%
Perf Month
-0%
Perf Quarter
8.62%
Perf Half Y
7.75%
-
-
-
-
Beta
0.584
-
-
Volatility
0.11%, 0.11%
Prev Close
-0.08%
Price
13.3499
Change
-0.67%

EFT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-05-31

Metric History 2019-05-312020-05-312021-05-312022-05-31 2023-05-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.5-1.162.29-0.430.53
Net income per share
0.48-1.172.27-0.450.51
Operating cash flow per share
0.952.45-0.559.842.24
Free cash flow per share
0.952.45-0.559.842.24
Cash per share
0.080.070.030.010.51
Book value per share
15.2113.0314.5613.6212.73
Tangible book value per share
15.2113.0314.5613.6212.73
Share holders equity per share
15.2113.0314.5613.6212.73
Interest debt per share
6.535.026.45.344.44
Market cap
537.36M454.84M568.85M347.29M326.34M
Enterprise value
781.57M641.85M813.51M491.91M435.52M
P/E ratio
28.27-9.726.3-27.0521.87
Price to sales ratio
27.14-9.856.23-28.3921.09
POCF ratio
14.244.65-25.81.255.03
PFCF ratio
14.244.65-25.81.255.03
P/B Ratio
0.890.880.980.90.88
PTB ratio
0.890.880.980.90.88
EV to sales
39.48-13.898.91-40.2228.15
Enterprise value over EBITDA
-20.98-6.515.78-11.53-11.16
EV to operating cash flow
20.76.56-36.891.776.71
EV to free cash flow
20.76.56-36.891.776.71
Earnings yield
0.04-0.10.16-0.040.05
Free cash flow yield
0.070.22-0.040.80.2
Debt to equity
0.410.370.430.380.32
Debt to assets
0.260.230.270.240.2
Net debt to EBITDA
-6.55-1.894.75-3.39-2.8
Current ratio
0.040.070.080.070.12
Interest coverage
3.744.276.626.314.11
Income quality
1.99-2.09-0.24-21.674.35
Dividend Yield
0.060.090.050.080.09
Payout ratio
1.83-0.860.32-2.182.05
Sales general and administrative to revenue
0.04-0.010.01-0.050.04
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
12.7718.5527.2511.812.13
ROIC
0.16-0.070.02-0.110.33
Return on tangible assets
0.02-0.060.1-0.020.03
Graham Net
-8.12-6.99-8.37-7.89-6.2
Working capital
-249.71M-195.22M-255.04M-144.95M-114.93M
Tangible asset value
606.41M519.46M580.59M385.3M369.56M
Net current asset value
-329.57M-275.1M-334.95M-224.9M-194.91M
Invested capital
0.410.370.430.380.32
Average receivables
7.18M8.49M11.55M8.53M6.24M
Average payables
18.9M13.72M21.57M15.68M9.47M
Average inventory
8.64M8.64M14.68M21.92M18.32M
Days sales outstanding
94.38-93.7244.93-173.94156.85
Days payables outstanding
422.37967.76177.6-58.91915.9
Days of inventory on hand
843.150214.14-121.531.7K
Receivables turnover
3.87-3.898.12-2.12.33
Payables turnover
0.860.382.06-6.20.4
Inventory turnover
0.437.09M1.7-30.21
ROE
0.03-0.090.16-0.030.04
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-11-30 for Q2

Metric History 2022-08-312022-11-302023-02-282023-05-31 2023-11-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.380.650.470.780.58
Net income per share
-0.05-0.090.30.611.13
Operating cash flow per share
0.70.550.420.520.7
Free cash flow per share
0.70.550.420.520.7
Cash per share
0.18-0.070.30.510.48
Book value per share
12.6912.6912.712.712.18
Tangible book value per share
12.6912.6912.712.712.18
Share holders equity per share
12.6912.6912.712.712.18
Interest debt per share
2.814.352.854.277.31
Market cap
351.12M338.61M349.67M326.98M349.27M
Enterprise value
346M458.99M340.85M436.16M541M
P/E ratio
-65.27-31.479.934.642.74
Price to sales ratio
31.8517.825.6714.4321.38
POCF ratio
17.3521.2428.6321.6517.75
PFCF ratio
17.3521.2428.6321.6517.75
P/B Ratio
0.950.920.950.881.01
PTB ratio
0.950.920.950.881.01
EV to sales
31.3824.1325.0219.2433.12
Enterprise value over EBITDA
-31.11248.46-94.6418.4113.99
EV to operating cash flow
17.0928.7927.9128.8827.49
EV to free cash flow
17.0928.7927.9128.8827.49
Earnings yield
0-0.010.030.050.09
Free cash flow yield
0.060.050.030.050.06
Debt to equity
0.220.330.220.320.58
Debt to assets
0.140.210.140.20.35
Net debt to EBITDA
0.4665.162.454.614.96
Current ratio
0.150.150.120.120
Interest coverage
5.150.414.33.765.64
Income quality
-15.05-5.931.390.860.62
Dividend Yield
0.020.040.020.050.06
Payout ratio
-5.04-5.040.970.970.61
Sales general and administrative to revenue
0.110.070.090.050
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
3.635.149.313.1617.58
ROIC
-0.19-0.010.050.070.07
Return on tangible assets
000.020.030.06
Graham Net
-6.8-7.04-6.79-6.19-7.17
Working capital
-113.13M-113.13M-114.93M-114.93M-25.81M
Tangible asset value
369.05M369.05M369.56M369.56M344.8M
Net current asset value
-193.1M-193.1M-194.91M-194.91M-226.96M
Invested capital
0.220.330.220.320.58
Average receivables
9.74M13.66M9.92M6.41M0
Average payables
7.32M8.26M9.66M11.17M0
Average inventory
0.510.511.08M0
Days sales outstanding
111.4964.6340.7926.475.56
Days payables outstanding
0329.970461.63995.55
Days of inventory on hand
000858.060
Receivables turnover
0.811.392.213.411.19
Payables turnover
00.2700.190.09
Inventory turnover
02.43M00.10
ROE
0-0.010.020.050.09
Capex per share
00000

EFT Frequently Asked Questions

What is Eaton Vance Floating-Rate Income Trust stock symbol ?

Eaton Vance Floating-Rate Income Trust is a US stock , located in Boston of Ma and trading under the symbol EFT

What is Eaton Vance Floating-Rate Income Trust stock quote today ?

Eaton Vance Floating-Rate Income Trust stock price is $13.3499 today.

Is Eaton Vance Floating-Rate Income Trust stock public?

Yes, Eaton Vance Floating-Rate Income Trust is a publicly traded company.

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