Log in

NYSE:EVREvercore Stock Price, Forecast & News

$61.96
+1.59 (+2.63 %)
(As of 08/7/2020 04:00 PM ET)
Add
Compare
Today's Range
$59.54
Now: $61.96
$62.08
50-Day Range
$55.10
MA: $56.96
$60.37
52-Week Range
$33.25
Now: $61.96
$85.42
Volume338,165 shs
Average Volume607,679 shs
Market Capitalization$2.51 billion
P/E Ratio11.10
Dividend Yield3.84%
Beta1.83
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers advisory services on mergers, acquisitions, divestitures, leveraged buyouts, restructurings, shareholder activism and defense, and related corporate finance matters; and services related to securities underwriting, private placement services, and commissions for agency-based equity trading services and equity research. It also provides restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers; and macroeconomic, policy, and fundamental equity research and agency-based equity securities trading for institutional investors. In addition, the company engages in the provision of capital markets advisory services and advisory services focused on secondary transactions for private funds interests; and raising funds for financial sponsors. The Investment Management segment offers investment advisory, wealth management, and fiduciary services for high net-worth individuals and related entities; and institutional asset management services, including financial assets management services for institutional investors. It also holds interests in private equity funds; and provides trust services. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.
Read More
Evercore logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.6Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.45 out of 5 stars


Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
CUSIP29977A10
Phone212-857-3100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.01 billion
Cash Flow$10.76 per share
Book Value$27.93 per share

Profitability

Net Income$297.44 million

Miscellaneous

Employees1,900
Market Cap$2.51 billion
Next Earnings Date10/28/2020 (Estimated)
OptionableOptionable
$61.96
+1.59 (+2.63 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive EVR News and Ratings via Email

Sign-up to receive the latest news and ratings for EVR and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Evercore (NYSE:EVR) Frequently Asked Questions

How has Evercore's stock been impacted by COVID-19 (Coronavirus)?

Evercore's stock was trading at $51.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EVR stock has increased by 19.7% and is now trading at $61.96.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Evercore?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evercore in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Evercore
.

When is Evercore's next earnings date?

Evercore is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Evercore
.

How were Evercore's earnings last quarter?

Evercore Inc (NYSE:EVR) posted its earnings results on Wednesday, July, 22nd. The asset manager reported $1.53 EPS for the quarter, topping the consensus estimate of $1.39 by $0.14. The asset manager had revenue of $513.92 million for the quarter, compared to analysts' expectations of $467.36 million. Evercore had a net margin of 11.84% and a return on equity of 29.12%. The firm's revenue for the quarter was down 4.1% on a year-over-year basis. During the same period last year, the company earned $2.07 EPS.
View Evercore's earnings history
.

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

Evercore declared a quarterly dividend on Tuesday, July 21st. Stockholders of record on Friday, August 28th will be paid a dividend of $0.58 per share on Friday, September 11th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date is Thursday, August 27th.
View Evercore's dividend history
.

What price target have analysts set for EVR?

6 brokers have issued 1-year target prices for Evercore's shares. Their forecasts range from $44.00 to $83.00. On average, they anticipate Evercore's share price to reach $65.33 in the next year. This suggests a possible upside of 5.4% from the stock's current price.
View analysts' price targets for Evercore
.

Has Evercore been receiving favorable news coverage?

News coverage about EVR stock has trended very positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Evercore earned a coverage optimism score of 4.0 on InfoTrie's scale. They also gave headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Evercore
.

Are investors shorting Evercore?

Evercore saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,030,000 shares, a drop of 10.4% from the July 15th total of 1,150,000 shares. Based on an average daily volume of 522,800 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.7% of the company's shares are short sold.
View Evercore's Current Options Chain
.

Who are some of Evercore's key competitors?

What other stocks do shareholders of Evercore own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evercore investors own include Alibaba Group (BABA), AbbVie (ABBV), Bank of America (BAC), Cisco Systems (CSCO), Applied Materials (AMAT), NVIDIA (NVDA), AT&T (T), Wells Fargo & Co (WFC), Intel (INTC) and Micron Technology (MU).

Who are Evercore's key executives?

Evercore's management team includes the following people:
  • Mr. John S. Weinberg, Exec. Chairman (Age 62)
  • Mr. Ralph Lewis Schlosstein, Pres, CEO & Director (Age 68)
  • Mr. Roger Charles Altman, Founder & Sr. Chairman (Age 73)
  • Mr. Robert Brien Walsh CPA, CPA, Exec. VP, Sr. MD & CFO (Age 62)
  • Mr. Andrew Sibbald, Vice Chairman, Sr. MD, CEO of Evercore International & CEO European Investment Banking (Age 52)

What is Evercore's stock symbol?

Evercore trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVR."

Who are Evercore's major shareholders?

Evercore's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include TimesSquare Capital Management LLC (2.12%), Scout Investments Inc. (1.54%), Frontier Capital Management Co. LLC (1.26%), Fort Washington Investment Advisors Inc. OH (0.74%), Peregrine Capital Management LLC (0.67%) and Copeland Capital Management LLC (0.66%). Company insiders that own Evercore stock include Jason Klurfeld, Paul Pensa, Robert B Walsh and Roger C Altman.
View institutional ownership trends for Evercore
.

Which major investors are selling Evercore stock?

EVR stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Peregrine Capital Management LLC, Copeland Capital Management LLC, TimesSquare Capital Management LLC, Russell Investments Group Ltd., Fifth Third Bancorp, WINTON GROUP Ltd, and TCW Group Inc..
View insider buying and selling activity for Evercore
.

Which major investors are buying Evercore stock?

EVR stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Granite Investment Partners LLC, MERIAN GLOBAL INVESTORS UK Ltd, Deroy & Devereaux Private Investment Counsel Inc., Mesirow Financial Investment Management Equity Management, Scout Investments Inc., First Trust Advisors LP, and Monarch Partners Asset Management LLC.
View insider buying and selling activity for Evercore
.

How do I buy shares of Evercore?

Shares of EVR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Evercore's stock price today?

One share of EVR stock can currently be purchased for approximately $61.96.

How big of a company is Evercore?

Evercore has a market capitalization of $2.51 billion and generates $2.01 billion in revenue each year. The asset manager earns $297.44 million in net income (profit) each year or $7.70 on an earnings per share basis. Evercore employs 1,900 workers across the globe.

What is Evercore's official website?

The official website for Evercore is www.evercore.com.

How can I contact Evercore?

Evercore's mailing address is 55 EAST 52ND STREET, NEW YORK NY, 10055. The asset manager can be reached via phone at 212-857-3100.

This page was last updated on 8/8/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.