Should I buy or sell PJT Partners stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PJT Partners in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" PJT shares. View PJT analyst ratings or view top-rated stocks .

What is PJT Partners' stock price target for 2024?

5 brokerages have issued 1-year target prices for PJT Partners' stock. Their PJT share price targets range from $75.00 to $110.00. On average, they anticipate the company's share price to reach $93.25 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View analysts price targets for PJT or view top-rated stocks among Wall Street analysts .

How have PJT shares performed in 2024?

PJT Partners' stock was trading at $101.87 at the beginning of 2024. Since then, PJT stock has decreased by 9.6% and is now trading at $92.14. View the best growth stocks for 2024 here .

When is PJT Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our PJT earnings forecast .

How were PJT Partners' earnings last quarter?

PJT Partners Inc. (NYSE:PJT) announced its earnings results on Tuesday, February, 6th. The financial services provider reported $0.96 EPS for the quarter, beating the consensus estimate of $0.76 by $0.20. The financial services provider earned $328.60 million during the quarter, compared to the consensus estimate of $304.26 million. PJT Partners had a trailing twelve-month return on equity of 17.44% and a net margin of 7.09%. The firm's quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 EPS.

How often does PJT Partners pay dividends? What is the dividend yield for PJT Partners?

PJT Partners announced a quarterly dividend on Tuesday, February 6th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.25 per share on Wednesday, March 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Tuesday, March 5th. Read our dividend analysis for PJT .

Is PJT Partners a good dividend stock?

PJT Partners (NYSE:PJT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.09%. The dividend payout ratio is 32.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PJT will have a dividend payout ratio of 18.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PJT .

What ETFs hold PJT Partners' stock?

ETFs with the largest weight of PJT Partners (NYSE:PJT) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) , Roundhill Acquirers Deep Value ETF (DEEP) , Harbor Corporate Culture Small Cap ETF (HAPS) and Invesco S&P SmallCap Financials ETF (PSCF) . iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) .

What other stocks do shareholders of PJT Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PJT Partners investors own include Blackstone (BX) , AT&T (T) , Energy Transfer (ET) , JPMorgan Chase & Co. (JPM) , Pfizer (PFE) , Bank of America (BAC) , Walt Disney (DIS) , Verizon Communications (VZ) , AbbVie (ABBV) and Ford Motor (F) .

How do I buy shares of PJT Partners?

Shares of PJT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PJT

PJT Partners (PJT) Stock Price, News & Analysis

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Free PJT Stock Alerts

$92.14

-0.01 (-0.01%)

(As of 04/17/2024 ET)

Compare

Today's Range: $92.08
▼
$93.60
50-Day Range: $90.85
▼
$105.36
52-Week Range: $59.61
▼
$107.35

Volume: 162,144 shs
Average Volume: 268,905 shs
Market Capitalization: $2.20 billion

P/E Ratio: 29.92
Dividend Yield: 1.09%
Price Target: $93.25

Get PJT Partners alerts:

PJT Partners MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.80 Rating Score
Upside/Downside: 1.2% Upside
$93.25 Price Target
Short Interest: Bearish
6.84% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.14
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.88 M Sold Last Quarter
Proj. Earnings Growth: 37.66%
From $3.85 to $5.30 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.57 out of 5 stars

Finance Sector

688th out of 819 stocks

Investment Advice Industry

41st out of 45 stocks

0.9

Analyst's Opinion

Consensus Rating
PJT Partners has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on 1 buy rating, 2 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
PJT Partners has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.84% of the float of PJT Partners has been sold short.
Short Interest Ratio / Days to Cover
PJT Partners has a short interest ratio ("days to cover") of 5.5.
Change versus previous month
Short interest in PJT Partners has recently increased by 8.63%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
PJT Partners pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
PJT Partners does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of PJT Partners is 32.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, PJT Partners will have a dividend payout ratio of 18.87% next year. This indicates that PJT Partners will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PJT.

1.2

News and Social Media Coverage

News Sentiment
PJT Partners has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for PJT Partners this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for PJT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added PJT Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PJT Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,875,672.00 in company stock.
Percentage Held by Insiders
10.67% of the stock of PJT Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
89.23% of the stock of PJT Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PJT Partners are expected to grow by 37.66% in the coming year, from $3.85 to $5.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PJT Partners is 29.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of PJT Partners is 29.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.61.
Price to Book Value per Share Ratio
PJT Partners has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About PJT Partners Stock (NYSE:PJT)

PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters. Further, the company offers advisory services in financial restructurings and reorganizations; liability management; distressed mergers and acquisitions; and to management teams, corporate boards, sponsors and creditors. Additionally, it provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to general and partners on liquidity and other structured solutions. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.

PJT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PJT Stock News Headlines

April 17, 2024 | ft.com

Ukraine creditors form committee as Kyiv seeks debt restructuring

April 13, 2024 | finance.yahoo.com

Ukraine Bondholders Pick PJT, Weil as Advisers for Restructuring

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April 10, 2024 | americanbankingnews.com

PJT Partners' (PJT) "Market Outperform" Rating Reaffirmed at JMP Securities

April 8, 2024 | americanbankingnews.com

PJT Partners Inc. (NYSE:PJT) Given Average Rating of "Reduce" by Analysts

April 6, 2024 | forbes.com

Koya Leadership Partners

April 2, 2024 | msn.com

GE Aerospace Takes Flight: Shaping the Future of Aviation as an Independent Entity

March 28, 2024 | msn.com

Ji-Yeun Lee

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 27, 2024 | msn.com

PJT Partners cut to Sell as UBS sees limited earnings growth

March 26, 2024 | markets.businessinsider.com

Evaluating PJT Partners: Insights From 5 Financial Analysts

March 16, 2024 | finance.yahoo.com

PJT Apr 2024 90.000 put

February 26, 2024 | finance.yahoo.com

Ducera Partners Continues to Strengthen its Restructuring Group with Appointment of Mike Genereux as a Partner

February 23, 2024 | finance.yahoo.com

SBC to Hold the Inaugural Capital Markets Forum at the NYSE

February 21, 2024 | wsj.com

PJT Partners Inc.

February 21, 2024 | seekingalpha.com

PJT Partners: Early In The Wave

February 21, 2024 | ft.com

Barclays boss has a bold turnaround plan. Will it work?

February 20, 2024 | financialpost.com

M&A Races Past $400 Billion Mark After Capital One-Discover Deal

February 12, 2024 | finance.yahoo.com

Here’s Why PJT Partners (PJT) Rose in Q4

February 8, 2024 | markets.businessinsider.com

PJT Partners: Balancing Robust Revenue Growth and Strategic Expansion Against Short-Term Headwinds

February 7, 2024 | markets.businessinsider.com

Expert Ratings For PJT Partners

February 7, 2024 | markets.businessinsider.com

KBW Reaffirms Their Hold Rating on PJT Partners (PJT)

February 7, 2024 | finance.yahoo.com

PJT Partners Inc. (NYSE:PJT) Q4 2023 Earnings Call Transcript

February 6, 2024 | msn.com

PJT Partners Non-GAAP EPS of $0.96 beats by $0.08, revenue of $329M beats by $24.74M

February 6, 2024 | finance.yahoo.com

PJT Partners Inc. Reports Full Year and Fourth Quarter 2023 Results; Announces $500 Million Repurchase Authorization

February 6, 2024 | finance.yahoo.com

PJT Partners Inc. Announces Record Revenues and Robust Earnings for Full Year and Q4 2023

February 6, 2024 | finance.yahoo.com

PJT Partners (PJT) Beats Q4 Earnings and Revenue Estimates

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Ex-Dividend for 3/20 Dividend: 3/05/2024
Dividend Payable: 3/20/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Investment advice
Sub-Industry: N/A
Current Symbol: NYSE:PJT
CUSIP: N/A
CIK: 1626115
Web: www.pjtpartners.com
Phone: (212) 364-7800
Fax: N/A
Employees: 1,012
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $93.25
High Stock Price Target: $110.00
Low Stock Price Target: $75.00
Potential Upside/Downside: +1.1%
Consensus Rating: Reduce
Rating Score (0-4): 1.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.08
Trailing P/E Ratio: 29.94
Forward P/E Ratio: 23.95
P/E Growth: N/A
Net Income: $145.68 million
Net Margins: 7.09%
Pretax Margin: 15.40%
Return on Equity: 17.44%
Return on Assets: 11.84%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.05
Quick Ratio: 3.05

Sales & Book Value

Annual Sales: $1.15 billion
Price / Sales: 1.91
Cash Flow: $7.16 per share
Price / Cash Flow: 12.88
Book Value: $35.61 per share
Price / Book: 2.59

Miscellaneous

Outstanding Shares: 23,920,000
Free Float: 21,365,000
Market Cap: $2.21 billion
Optionable: Optionable
Beta: 0.68

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Key Executives

Mr. Paul Jeffrey Taubman B.S. (Age 63)
M.B.A., Founder, Chairman & CEO
Comp: $1.02M
Ms. Ji-Yeun Lee (Age 57)
Managing Partner
Comp: $2.87M
Ms. Helen Therese Meates (Age 62)
Chief Financial Officer
Comp: $2.17M
Mr. David Adam Travin (Age 48)
General Counsel
Comp: $1.54M
Ms. Paige Costigan
Chief Operating Officer
Ms. Sharon Pearson
MD & Head of Investor & External Relations
Mr. Steven Murray
Partner & Chief Human Resources Officer
Mr. Tom Campbell
Partner & Head of the EMEA Restructuring and Special Situations Group
Mr. Nick Tansley
MD of Strategic Advisory Group & Head of European Industrials
Mr. Karl Knapp
Partner & Head of Global Industrials in the Strategic Advisory Group

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PJT Stock Analysis - Frequently Asked Questions

Should I buy or sell PJT Partners stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PJT Partners in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" PJT shares.
View PJT analyst ratings or view top-rated stocks.
What is PJT Partners' stock price target for 2024?: 5 brokerages have issued 1-year target prices for PJT Partners' stock. Their PJT share price targets range from $75.00 to $110.00. On average, they anticipate the company's share price to reach $93.25 in the next year. This suggests a possible upside of 1.2% from the stock's current price.
View analysts price targets for PJT or view top-rated stocks among Wall Street analysts.
How have PJT shares performed in 2024?: PJT Partners' stock was trading at $101.87 at the beginning of 2024. Since then, PJT stock has decreased by 9.6% and is now trading at $92.14.
View the best growth stocks for 2024 here.
When is PJT Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our PJT earnings forecast.
How were PJT Partners' earnings last quarter?: PJT Partners Inc. (NYSE:PJT) announced its earnings results on Tuesday, February, 6th. The financial services provider reported $0.96 EPS for the quarter, beating the consensus estimate of $0.76 by $0.20. The financial services provider earned $328.60 million during the quarter, compared to the consensus estimate of $304.26 million. PJT Partners had a trailing twelve-month return on equity of 17.44% and a net margin of 7.09%. The firm's quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 EPS.
How often does PJT Partners pay dividends? What is the dividend yield for PJT Partners?: PJT Partners announced a quarterly dividend on Tuesday, February 6th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.25 per share on Wednesday, March 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Tuesday, March 5th.
Read our dividend analysis for PJT.

Is PJT Partners a good dividend stock?: PJT Partners (NYSE:PJT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.09%. The dividend payout ratio is 32.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PJT will have a dividend payout ratio of 18.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PJT.
What ETFs hold PJT Partners' stock?: ETFs with the largest weight of PJT Partners (NYSE:PJT) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Roundhill Acquirers Deep Value ETF (DEEP), Harbor Corporate Culture Small Cap ETF (HAPS) and Invesco S&P SmallCap Financials ETF (PSCF).iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI).
What other stocks do shareholders of PJT Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PJT Partners investors own include Blackstone (BX), AT&T (T), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Bank of America (BAC), Walt Disney (DIS), Verizon Communications (VZ), AbbVie (ABBV) and Ford Motor (F).
How do I buy shares of PJT Partners?: Shares of PJT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PJT) was last updated on 4/18/2024 by MarketBeat.com Staff

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PJT Partners (PJT) Stock Price, News & Analysis

PJT Partners MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PJT Partners Stock (NYSE:PJT)

PJT Stock Price History

PJT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PJT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™