NYSE:EVR - Evercore Stock Price, News, & Analysis

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$72.58 +0.51 (+0.71 %)
(As of 12/18/2018 02:20 PM ET)
Previous Close$72.07
Today's Range$72.31 - $73.85
52-Week Range$71.71 - $117.49
Volume12,496 shs
Average Volume414,039 shs
Market Capitalization$2.98 billion
P/E Ratio13.35
Dividend Yield2.71%
Beta1.78
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, as well as 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; underwriting securities offerings; raising funds for financial sponsors; and private placement activities. The Investment Management segment offers investment advisory and wealth management services for high net-worth individuals and related entities; and institutional asset management services, including financial assets management services for institutional investors, as well as independent fiduciary services for high net-worth individuals. 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNYSE:EVR
Previous Symbol
CUSIP29977A10
Phone212-857-3100

Debt

Debt-to-Equity Ratio0.19
Current Ratio2.35
Quick Ratio1.68

Price-To-Earnings

Trailing P/E Ratio13.35
Forward P/E Ratio10.17
P/E Growth0.57

Sales & Book Value

Annual Sales$1.72 billion
Price / Sales1.70
Cash Flow$7.6159 per share
Price / Cash Flow9.53
Book Value$20.37 per share
Price / Book3.56

Profitability

EPS (Most Recent Fiscal Year)$5.45
Net Income$125.45 million
Net Margins10.53%
Return on Equity40.68%
Return on Assets21.37%

Miscellaneous

Employees1,600
Outstanding Shares40,470,000
Market Cap$2.98 billion
OptionableOptionable

Evercore (NYSE:EVR) Frequently Asked Questions

What is Evercore's stock symbol?

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

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

Evercore declared a quarterly dividend on Monday, October 22nd. Shareholders of record on Friday, November 30th will be given a dividend of $0.50 per share on Friday, December 14th. This represents a $2.00 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend is Thursday, November 29th. View Evercore's Dividend History.

How will Evercore's stock buyback program work?

Evercore announced that its Board of Directors has approved a share buyback plan on Thursday, October 26th 2017, which allows the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were Evercore's earnings last quarter?

Evercore Inc (NYSE:EVR) announced its quarterly earnings data on Wednesday, October, 24th. The asset manager reported $1.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.00 by $0.23. The asset manager earned $376 million during the quarter, compared to the consensus estimate of $335.31 million. Evercore had a return on equity of 40.68% and a net margin of 10.53%. Evercore's revenue was down 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.22 earnings per share. View Evercore's Earnings History.

When is Evercore's next earnings date?

Evercore is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Evercore.

What price target have analysts set for EVR?

4 equities research analysts have issued 1 year price targets for Evercore's shares. Their forecasts range from $93.00 to $130.00. On average, they anticipate Evercore's stock price to reach $107.50 in the next year. This suggests a possible upside of 46.8% from the stock's current price. View Analyst Price Targets for Evercore.

What is the consensus analysts' recommendation for Evercore?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evercore in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Evercore.

Has Evercore been receiving favorable news coverage?

News headlines about EVR stock have been trending somewhat positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Evercore earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave headlines about the asset manager a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the stock's share price in the next several days.

Who are some of Evercore's key competitors?

Who are Evercore's key executives?

Evercore's management team includes the folowing people:
  • Mr. John S. Weinberg, Exec. Chairman (Age 61)
  • Mr. Ralph Lewis Schlosstein, Pres, CEO & Director (Age 67)
  • Mr. Roger Charles Altman, Founder & Sr. Chairman (Age 72)
  • Mr. Robert Brien Walsh, Exec. VP, Sr. MD & CFO (Age 61)
  • Mr. Andrew Sibbald, Vice Chairman, Sr. MD, CEO of Evercore International & CEO European Investment Banking (Age 51)

Who are Evercore's major shareholders?

Evercore's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.37%), Vanguard Group Inc. (9.40%), Vanguard Group Inc (9.40%), Wells Fargo & Company MN (2.64%), Renaissance Technologies LLC (2.44%) and Frontier Capital Management Co. LLC (2.21%). Company insiders that own Evercore stock include Adam B Frankel, André Audet, Andrew Sibbald, Ostoa Augusto Arellano, Paola Sabino Roberto Di, Paul Pensa, Ralph Schlosstein, 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 Renaissance Technologies LLC, Deutsche Bank AG, Prudential Financial Inc., Standard Life Aberdeen plc, Standard Life Aberdeen plc, Copper Rock Capital Partners LLC, Morgan Stanley and Macquarie Group Ltd.. Company insiders that have sold Evercore company stock in the last year include Andrew Sibbald, Ostoa Augusto Arellano, Ralph Schlosstein, Robert B Walsh and Roger C Altman. View Insider Buying and Selling for Evercore.

Which major investors are buying Evercore stock?

EVR stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Frontier Capital Management Co. LLC, Wells Fargo & Company MN, First Trust Advisors LP, Panagora Asset Management Inc., Martingale Asset Management L P and Janus Henderson Group PLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Evercore's stock price today?

One share of EVR stock can currently be purchased for approximately $73.21.

How big of a company is Evercore?

Evercore has a market capitalization of $2.98 billion and generates $1.72 billion in revenue each year. The asset manager earns $125.45 million in net income (profit) each year or $5.45 on an earnings per share basis. Evercore employs 1,600 workers across the globe.

What is Evercore's official website?

The official website for Evercore is http://www.evercore.com.

How can I contact Evercore?

Evercore's mailing address is 55 EAST 52ND STREET 38TH FLOOR, NEW YORK NY, 10055. The asset manager can be reached via phone at 212-857-3100.


MarketBeat Community Rating for Evercore (NYSE EVR)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  357 (Vote Underperform)
Total Votes:  677
MarketBeat's community ratings are surveys of what our community members think about Evercore and other stocks. Vote "Outperform" if you believe EVR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EVR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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