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Eaton Vance California Municipal Income Trust (CEV) Competitors

$10.07 -0.03 (-0.30%)
(As of 12/20/2024 04:32 PM ET)

CEV vs. TPVG, AEF, MMT, MXF, IIF, BKT, NPV, MVT, TDF, and BKN

Should you be buying Eaton Vance California Municipal Income Trust stock or one of its competitors? The main competitors of Eaton Vance California Municipal Income Trust include TriplePoint Venture Growth BDC (TPVG), Abrdn Emerging Markets Equity Income Fund (AEF), MFS Multimarket Income Trust (MMT), The Mexico Fund (MXF), Morgan Stanley India Investment Fund (IIF), BlackRock Income Trust (BKT), Nuveen Virginia Quality Municipal Income Fund (NPV), BlackRock MuniVest Fund II (MVT), Templeton Dragon Fund (TDF), and BlackRock Investment Quality Municipal Trust (BKN). These companies are all part of the "financial services" industry.

Eaton Vance California Municipal Income Trust vs.

Eaton Vance California Municipal Income Trust (NYSE:CEV) and TriplePoint Venture Growth BDC (NYSE:TPVG) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, community ranking, media sentiment, profitability, dividends, risk and institutional ownership.

In the previous week, TriplePoint Venture Growth BDC had 3 more articles in the media than Eaton Vance California Municipal Income Trust. MarketBeat recorded 3 mentions for TriplePoint Venture Growth BDC and 0 mentions for Eaton Vance California Municipal Income Trust. TriplePoint Venture Growth BDC's average media sentiment score of 0.81 beat Eaton Vance California Municipal Income Trust's score of 0.00 indicating that TriplePoint Venture Growth BDC is being referred to more favorably in the news media.

Eaton Vance California Municipal Income Trust has a beta of 0.38, indicating that its stock price is 62% less volatile than the S&P 500. Comparatively, TriplePoint Venture Growth BDC has a beta of 1.87, indicating that its stock price is 87% more volatile than the S&P 500.

TriplePoint Venture Growth BDC has a net margin of 9.01% compared to Eaton Vance California Municipal Income Trust's net margin of 0.00%. TriplePoint Venture Growth BDC's return on equity of 16.86% beat Eaton Vance California Municipal Income Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Eaton Vance California Municipal Income TrustN/A N/A N/A
TriplePoint Venture Growth BDC 9.01%16.86%7.15%

TriplePoint Venture Growth BDC received 246 more outperform votes than Eaton Vance California Municipal Income Trust when rated by MarketBeat users.

CompanyUnderperformOutperform
Eaton Vance California Municipal Income TrustN/AN/A
TriplePoint Venture Growth BDCOutperform Votes
246
55.78%
Underperform Votes
195
44.22%

TriplePoint Venture Growth BDC has a consensus target price of $7.70, suggesting a potential upside of 6.65%. Given TriplePoint Venture Growth BDC's stronger consensus rating and higher possible upside, analysts plainly believe TriplePoint Venture Growth BDC is more favorable than Eaton Vance California Municipal Income Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eaton Vance California Municipal Income Trust
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
TriplePoint Venture Growth BDC
0 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

35.9% of Eaton Vance California Municipal Income Trust shares are owned by institutional investors. Comparatively, 12.8% of TriplePoint Venture Growth BDC shares are owned by institutional investors. 0.0% of TriplePoint Venture Growth BDC shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Eaton Vance California Municipal Income Trust has higher earnings, but lower revenue than TriplePoint Venture Growth BDC.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Eaton Vance California Municipal Income Trust$3.10M22.82N/AN/AN/A
TriplePoint Venture Growth BDC$24.23M11.93-$39.82M$0.2134.38

Eaton Vance California Municipal Income Trust pays an annual dividend of $0.51 per share and has a dividend yield of 5.1%. TriplePoint Venture Growth BDC pays an annual dividend of $1.20 per share and has a dividend yield of 16.6%. TriplePoint Venture Growth BDC pays out 571.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

TriplePoint Venture Growth BDC beats Eaton Vance California Municipal Income Trust on 12 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CEV vs. The Competition

MetricEaton Vance California Municipal Income TrustInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$70.83M$8.38B$11.26B$19.19B
Dividend Yield5.55%6.76%5.77%3.61%
P/E RatioN/A0.4426.7541.30
Price / Sales22.8214.2736.4817.58
Price / CashN/A7.0318.6521.28
Price / BookN/A0.882.765.32
Net IncomeN/A$73.96M$1.04B$989.88M
7 Day Performance-4.37%-2.96%-2.89%-3.54%
1 Month Performance-3.27%-2.31%-2.90%-3.68%
1 Year Performance-1.85%3.73%11.58%12.14%

Eaton Vance California Municipal Income Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CEV
Eaton Vance California Municipal Income Trust
N/A$10.07
-0.3%
N/A-1.8%$70.83M$3.10M0.00N/A
TPVG
TriplePoint Venture Growth BDC
0.9745 of 5 stars
$7.24
-7.8%
$7.70
+6.4%
-31.5%$289.96M$24.23M34.76N/AHigh Trading Volume
AEF
Abrdn Emerging Markets Equity Income Fund
N/A$5.46
-0.2%
N/A+7.6%$277.11M$26.30M0.00N/A
MMT
MFS Multimarket Income Trust
N/A$4.72
-0.4%
N/A+1.5%$261.03M$20.10M0.00N/AEx-Dividend
Positive News
MXF
The Mexico Fund
N/A$13.98
-0.8%
N/A-26.1%$260.07M$35.10M0.00N/ADividend Announcement
News Coverage
IIF
Morgan Stanley India Investment Fund
N/A$26.42
-0.2%
N/A+22.7%$258.65MN/A0.00N/APositive News
BKT
BlackRock Income Trust
N/A$11.74
-0.2%
N/A-5.1%$250.16M$8.67M0.00N/A
NPV
Nuveen Virginia Quality Municipal Income Fund
N/A$13.44
-0.3%
N/A+21.2%$240.91M$7.23M0.00N/A
MVT
BlackRock MuniVest Fund II
N/A$10.81
-0.5%
N/A-4.0%$229.60M$11.49M0.00N/A
TDF
Templeton Dragon Fund
N/A$8.55
-0.5%
N/A+5.3%$216.77M$-43,393,964.000.00147,000Positive News
BKN
BlackRock Investment Quality Municipal Trust
N/A$11.84
-0.3%
N/A-6.2%$208.62MN/A0.00N/A

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This page (NYSE:CEV) was last updated on 12/21/2024 by MarketBeat.com Staff
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