Perella Weinberg Partners (PWP) Projected to Post Earnings on Friday

Perella Weinberg Partners (NASDAQ:PWP - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect Perella Weinberg Partners to post earnings of $0.21 per share and revenue of $200.29 million for the quarter.

Perella Weinberg Partners (NASDAQ:PWP - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.02). Perella Weinberg Partners had a negative return on equity of 72.27% and a negative net margin of 7.37%.

Perella Weinberg Partners Stock Down 3.1 %

Shares of Perella Weinberg Partners stock traded down $0.54 on Wednesday, reaching $16.82. 23,874 shares of the stock were exchanged, compared to its average volume of 594,746. Perella Weinberg Partners has a twelve month low of $11.68 and a twelve month high of $27.03. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of -10.65 and a beta of 1.68. The business has a 50 day moving average price of $18.64 and a two-hundred day moving average price of $22.16.

Perella Weinberg Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 18th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.66%. The ex-dividend date was Tuesday, February 18th. Perella Weinberg Partners's dividend payout ratio is currently -17.72%.

Wall Street Analysts Forecast Growth

PWP has been the subject of several recent research reports. Keefe, Bruyette & Woods lifted their price target on Perella Weinberg Partners from $27.00 to $29.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. JMP Securities reduced their price target on Perella Weinberg Partners from $33.00 to $29.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Finally, The Goldman Sachs Group reduced their price target on Perella Weinberg Partners from $20.00 to $18.00 and set a "sell" rating for the company in a research report on Wednesday, April 2nd.

About Perella Weinberg Partners

Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, and financing and capital solutions advice with resources focused on restructuring, liability management, and capital markets advisory, as well as underwriting and research services primarily for the energy and related industries.