PJT Partners (PJT) Expected to Announce Quarterly Earnings on Tuesday

PJT Partners (NYSE:PJT - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect PJT Partners to post earnings of $1.24 per share and revenue of $361.26 million for the quarter.

PJT Partners (NYSE:PJT - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by ($0.19). PJT Partners had a net margin of 9.00% and a return on equity of 24.03%. The company's revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the business earned $0.98 earnings per share. On average, analysts expect PJT Partners to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

PJT Partners Stock Up 2.3 %

Shares of NYSE PJT traded up $3.11 during trading hours on Tuesday, hitting $138.46. The company had a trading volume of 56,958 shares, compared to its average volume of 244,226. The stock has a market capitalization of $3.23 billion, a P/E ratio of 28.23 and a beta of 0.77. The firm's 50 day moving average is $140.77 and its 200-day moving average is $152.64. PJT Partners has a 1-year low of $93.07 and a 1-year high of $190.28.

PJT Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.72%. The ex-dividend date was Wednesday, March 5th. PJT Partners's payout ratio is 20.41%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PJT. JMP Securities lowered PJT Partners from an "outperform" rating to a "market perform" rating in a report on Monday, January 13th. Citizens Jmp lowered PJT Partners from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 13th. Finally, Keefe, Bruyette & Woods raised their price objective on PJT Partners from $152.00 to $177.00 and gave the company a "market perform" rating in a research note on Wednesday, February 5th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $158.50.

PJT Partners Company Profile

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.