EVN Company Profile and Key Details

Eaton Vance Municipal Income Trust (NYSE:EVN) closed at $10.86 USD, gaining $0.10 (0.94%) from the previous close of $10.76. The stock is currently within 5% of its 52-week high $10.09 and $11.26. With a market capitalization of about $433.39 million, Eaton Vance Municipal Income Trust is classified as a small-cap and shows lower-than-market volatility (beta ~0.63). Key stats such as the average daily volume over the past year has been around 74.25 thousand shares, volume is running light vs its 52-week average. Headquartered in Boston, MA, Eaton Vance Municipal Income Trust operates in the Financial Services sector and the Asset Management - Income industry. Led by CEO Payson F. Swaffield, the company employs approximately 0 people and listed since January 27, 1999. The Eaton Vance Municipal Income Trust functions as a closed-end investment vehicle, with its management overseen by Eaton Vance Management.

Short-term trend indicators are bearishly aligned (SMA20 0.61%, SMA50 1.48%, SMA200 2.92%). The stock’s 14-day RSI is 56.57 (neutral), while the ATR of 0.11 points to moderate volatility. The stock remains hovering near 52-week lows, trading -1.78% below its high and over 15.08% above its low. Average 10-day trading volume of 86.39 thousand shares is slightly above the 3-month average of 74.98 thousand, indicating heightened recent market interest.

Eaton Vance Municipal Income Trust trades at a P/E ratio of 11.74, slightly below the S&P 500 average, with a price-to-sales ratio of 18.22 and a price-to-book ratio of 1.0 suggesting the stock is closer to book value. The P/FCF stands at 23.65, also above market averages.

Eaton Vance Municipal Income Trust last paid a dividend of 0.62 per share, this equals a trailing yield of roughly 4.77%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$4.48. This means the shares are trading below this model’s fair value.