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EVN

BEARISH
$10.53 Live
Eaton Vance Municipal Income Trust · NYSE
$10.0 52W Range $11.23

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 27, 2026
Market cap
$420.22M
P/E
1053.0
ROE
0.1%
Profit margin
1.4%
Debt/Equity
0.46
Dividend yield
5.85%

AI Analysis

AI-powered fundamental assessment

Confidence
90%
EVN exhibits a stable but stagnant financial profile with a Piotroski F-Score of 4/9. The asset is severely overvalued by traditional deterministic metrics, with a Graham Number of $1.56 and an Intrinsic Value of $0.16, though this discrepancy is common for Closed-End Funds (CEFs) where Net Asset Value (NAV) is the primary driver. A critical red flag is the 6156% payout ratio, indicating that dividends are not being covered by earnings. Combined with a 0/100 technical trend, the outlook is bearish despite the modest 5.85% yield.

Key Strengths

Trading at a slight discount to book value (P/B 0.97)
Stable health rating (Piotroski 4/9)
Positive 1-year price performance (+11.4%)
Manageable Debt/Equity ratio of 0.46
Consistent dividend yield of 5.85%

Key Risks

Extreme payout ratio (6156%) suggests unsustainable dividend funding
Absurd P/E ratio (1053.00) indicates negligible earnings relative to price
Bearish technical trend (0/100)
Very low Return on Equity (0.10%)
Significant gap between current price and Graham/Intrinsic value
AI Fair Value Estimate
Based on comprehensive analysis
$10.85
+3.0% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
38
Weak
Value
20
Future
40
Past
50
Health
50
Dividend
30
AI Verdict
Underperform
Key drivers: Unsustainable payout ratio, Bearish technicals, Negligible earnings growth
Confidence
85%
Value
20/100

Traditional equity valuation formulas fail here because EVN is a CEF; however, the earnings-to-price relationship is dysfunctional.

Positives
  • P/B ratio under 1.0
Watchpoints
  • P/E of 1053
  • Graham Number $1.56
Future
40/100

Growth rates are insufficient to justify the current price premium over intrinsic value.

Positives
  • Modest revenue growth (7.7%)
Watchpoints
  • Low earnings growth (5.9%)
  • Stagnant 5-year change (-1.4%)
Past
50/100

Short-term gains are offset by long-term stagnation.

Positives
  • Strong 1-year return (+11.4%)
Watchpoints
  • Flat 5-year performance
Health
50/100

Financial health is stable but lacks the strength to drive capital appreciation.

Positives
  • Piotroski F-Score of 4 (Stable)
  • Current ratio > 1.0
Watchpoints
  • Low ROE (0.10%)
Dividend
30/100

The dividend is likely paid from capital or interest income not reflected in net earnings, posing a long-term risk.

Positives
  • Yield of 5.85%
Watchpoints
  • Payout ratio of 6156%

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$10.53

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for EVN and closest competitors.

Updated 2026-04-24
EVN
Eaton Vance Municipal Income Trust
Primary
5Y
-1.4%
3Y
+24.0%
1Y
+11.4%
6M
-2.8%
1M
+1.7%
1W
-0.8%
CBA
Colony Bankcorp, Inc.
Peer
5Y
+54.7%
3Y
+133.7%
1Y
+31.7%
6M
+20.6%
1M
+1.1%
1W
-6.4%
GBF
GBank Financial Holdings Inc.
Peer
5Y
+72.2%
3Y
+72.2%
1Y
-12.6%
6M
-29.5%
1M
+3.2%
1W
+5.9%
PDL
Ponce Financial Group, Inc.
Peer
5Y
+120.7%
3Y
+138.2%
1Y
+52.0%
6M
+21.8%
1M
+5.2%
1W
+0.1%
WTB
West Bancorporation, Inc.
Peer
5Y
+24.5%
3Y
+67.1%
1Y
+30.6%
6M
+21.9%
1M
+3.8%
1W
+3.7%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
1053.0
Forward P/E
N/A
PEG Ratio
N/A
P/B Ratio
0.97
P/S Ratio
13.92
EV/Revenue
N/A
EV/EBITDA
N/A
Market Cap
$420.22M

Profitability

Profit margins and return metrics

Profit Margin 1.4%
Operating Margin 86.04%
Gross Margin 100.0%
ROE 0.1%
ROA 2.51%

Growth

Revenue and earnings growth rates

Revenue Growth +7.7%
Earnings Growth +5.9%
Q/Q Revenue Growth N/A
Q/Q Earnings Growth +6.4%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.46
Low debt
Current Ratio
1.11
Good
Quick Ratio
1.11
Good
Cash/Share
$N/A

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Total Assets
$0.6B
Liabilities
$0.2B
Equity
$0.4B
Debt/Equity
0.48x

Financial Services Sector Comparison

Comparing EVN against 763 companies in the Financial Services sector (133 bullish, 317 neutral, 313 bearish)
P/E Ratio
1053.0
This Stock
vs
38.21
Sector Avg
+2655.5% (Expensive)
Return on Equity (ROE)
0.1%
This Stock
vs
-1.82%
Sector Avg
-105.2% (Below Avg)
Profit Margin
1.4%
This Stock
vs
75.74%
Sector Avg
-98.1% (Weaker)
Debt to Equity
0.46
This Stock
vs
1.42
Sector Avg
-67.6% (Less Debt)
Revenue Growth
7.7%
This Stock
vs
37.18%
Sector Avg
-79.3% (Slower)
Current Ratio
1.11
This Stock
vs
3.32
Sector Avg
-66.5% (Weaker)

Similar Companies

Peer comparison within the same industry

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
MUNICIPAL INCOME TRUST (EVN)
2025-08-28
8-K
MUNICIPAL INCOME TRUST (EVN)
2025-08-14
8-K
EATON VANCE MUNICIPAL INCOME TRUST
2024-10-10

Eaton Vance Municipal Income Trust reported the appointment of a new trustee to its Board of Trustees.

Data sourced from SEC EDGAR. AI summaries generated automatically.

Past News Coverage

Recent headlines mentioning EVN from our newsroom.

Newest → oldest
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