About Evercore (NYSE:EVR)
Evercore Inc., formerly Evercore Partners Inc., is a global independent investment banking advisory company. The Company advises a diverse set of investment banking clients on a wide range of transactions and issues and provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. The Firm also offers investment management services to high net worth and institutional investors. The Company has 28 offices and affiliate offices in North America, Europe, South America and Asia and has the scale and strength to serve clients globally through a focused and tailored approach designed to meet their unique needs.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Banking & Brokerage Services
- Sub-Industry: Investment Banking & Brokerage
- Symbol: NYSE:EVR
- CUSIP: 29977A10
- Web: www.evercore.com
- Market Cap: $3.08336 billion
- Outstanding Shares: 39,253,000
- 50 Day Moving Avg: $76.45
- 200 Day Moving Avg: $74.38
- 52 Week Range: $51.55 - $83.30
Sales & Book Value:
- Trailing P/E Ratio: 19.57
- Foreward P/E Ratio: 13.24
- P/E Growth: 3.23
- Annual Revenue: $1.59 billion
- Price / Sales: 1.91
- Book Value: $11.69 per share
- Price / Book: 6.63
- Annual Dividend: $1.36
- Dividend Yield: 1.7%
- Net Margins: 11.04%
- Return on Equity: 33.56%
- Return on Assets: 16.57%
- Debt-to-Equity Ratio: 0.25%
- Current Ratio: 2.15%
- Quick Ratio: 1.98%
- Average Volume: 357,138 shs.
- Beta: 1.88
- Short Ratio: 4.9
Frequently Asked Questions for Evercore (NYSE:EVR)
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 Thursday, July 27th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.34 per share on Friday, September 8th. This represents a $1.36 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Wednesday, August 23rd. View Evercore's Dividend History.
How were Evercore's earnings last quarter?
Evercore Inc (NYSE:EVR) released its quarterly earnings results on Thursday, July, 27th. The company reported $1.06 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.80 by $0.26. The company earned $372.70 million during the quarter, compared to analysts' expectations of $328.81 million. Evercore had a return on equity of 33.56% and a net margin of 11.04%. The company's revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.04 earnings per share. View Evercore's Earnings History.
When will Evercore make its next earnings announcement?
Where is Evercore's stock going? Where will Evercore's stock price be in 2017?
8 equities research analysts have issued 12 month target prices for Evercore's stock. Their forecasts range from $56.00 to $95.00. On average, they anticipate Evercore's share price to reach $80.33 in the next twelve months. View Analyst Ratings for Evercore.
Who are some of Evercore's key competitors?
Some companies that are related to Evercore include Park Hotels & Resorts (PK), Liberty Property Trust (LPT), Bank of the Ozarks (OZRK), Eaton Vance Corporation (EV), Healthcare Trust of America (HTA), Lazard (LAZ), Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX), American Campus Communities (ACC), BOK Financial Corporation (BOKF), Jones Lang LaSalle Incorporated (JLL), Western Alliance Bancorporation (WAL), Commerce Bancshares (CBSH), PacWest Bancorp (PACW), Erie Indemnity Company (ERIE), STARWOOD PROPERTY TRUST, INC. (STWD), Synovus Financial Corp. (SNV), CyrusOne (CONE) and RenaissanceRe Holdings (RNR).
Who are Evercore's key executives?
Evercore's management team includes the folowing people:
- John S. Weinberg, Executive Chairman of the Board
- Ralph L. Schlosstein, President, Chief Executive Officer, Director
- Edward S. Hyman Jr., Vice Chairman; Chairman of Evercore ISI
- Roger C. Altman, Founder, Senior Chairman and Director
- Robert B. Walsh, Chief Financial Officer
- Augusto Arellano, Senior Managing Director, Chief Executive Officer of Evercore Partners Mexico
- Andrew Sibbald, Chief Executive Officer of Evercore Partners International
- Adam B. Frankel, General Counsel
- Gail Block Harris, Lead Independent Director
- Richard I. Beattie, Independent Director
Who owns Evercore stock?
Evercore's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.25%), Fisher Asset Management LLC (0.17%), APG Asset Management N.V. (0.13%), BB&T Corp (0.10%), Nationwide Fund Advisors (0.09%) and Strs Ohio (0.05%). Company insiders that own Evercore stock include Adam B Frankel, Andrew Sibbald, Ostoa Augusto Arellano, Paul Pensa, Ralph Schlosstein and Robert B Walsh. View Institutional Ownership Trends for Evercore.
Who sold Evercore stock? Who is selling Evercore stock?
Evercore's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, BB&T Corp and Strs Ohio. Company insiders that have sold Evercore stock in the last year include Adam B Frankel, Andrew Sibbald, Ostoa Augusto Arellano, Paul Pensa, Ralph Schlosstein and Robert B Walsh. View Insider Buying and Selling for Evercore.
Who bought Evercore stock? Who is buying Evercore stock?
Evercore's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., APG Asset Management N.V., Eqis Capital Management Inc., Meeder Asset Management Inc. and Fisher Asset Management LLC. View Insider Buying and Selling for Evercore.
How do I buy Evercore stock?
Shares of Evercore can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Evercore's stock price today?
MarketBeat Community Rating for Evercore (NYSE EVR)MarketBeat's community ratings are surveys of what our community members think about Evercore and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Evercore stock can currently be purchased for approximately $77.45.
Consensus Ratings for Evercore (NYSE:EVR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$80.33 (3.72% upside)|Consensus Price Target History for Evercore (NYSE:EVR)
Analysts' Ratings History for Evercore (NYSE:EVR)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/27/2017||Keefe, Bruyette & Woods||Set Price Target||Hold||$82.00||N/A|
|5/23/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Buy -> Neutral||$79.00||N/A|
|2/16/2017||Bank of America Corporation||Upgrade||Neutral -> Buy||$78.00 -> $95.00||N/A|
|2/14/2017||Evercore ISI||Downgrade||Buy -> Neutral||$83.00 -> $85.00||N/A|
|2/13/2017||Nomura||Downgrade||Buy -> Neutral||$85.00||N/A|
|2/13/2017||Instinet||Downgrade||Buy -> Neutral||N/A|
|11/20/2016||Credit Suisse Group||Reiterated Rating||Outperform||$56.00||N/A|
|11/18/2016||JMP Securities||Downgrade||Outperform -> Market Perform||N/A|
|6/29/2016||Buckingham Research||Reiterated Rating||Buy||$66.00||N/A|
|3/16/2016||Craig Hallum||Downgrade||Buy -> Hold||N/A|
|11/10/2015||Susquehanna Bancshares Inc||Downgrade||Positive -> Neutral||$61.00||N/A|
Earnings History for Evercore (NYSE:EVR)Earnings History by Quarter for Evercore (NYSE EVR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.80||$1.06||$328.81 million||$372.70 million||View||N/A|
|4/26/2017||Q1 2017||$1.06||$1.13||$364.15 million||$384.74 million||View||N/A|
|2/1/2017||Q416||$1.38||$1.43||$419.03 million||$445.40 million||View||Listen|
|10/26/2016||Q316||$0.98||$1.22||$331.98 million||$386.30 million||View||Listen|
|7/27/2016||Q216||$0.94||$1.04||$320.64 million||$350.70 million||View||Listen|
|4/27/2016||Q116||$0.67||$0.63||$274.51 million||$257.70 million||View||Listen|
|2/3/2016||Q415||$1.05||$1.22||$341.38 million||$408.00 million||View||Listen|
|11/2/2015||Q315||$0.69||$0.81||$274.74 million||$309.00 million||View||Listen|
|7/22/2015||Q215||$0.63||$0.65||$253.81 million||$268.00 million||View||Listen|
|4/22/2015||Q115||$0.57||$0.56||$250.52 million||$238.00 million||View||Listen|
|10/22/2014||Q314||$0.64||$0.71||$207.00 million||$224.80 million||View||Listen|
|7/23/2014||Q214||$0.60||$0.66||$200.96 million||$217.70 million||View||Listen|
|4/23/2014||Q114||$0.48||$0.31||$184.20 million||$149.10 million||View||Listen|
|1/29/2014||Q413||$0.68||$0.71||$208.45 million||$218.70 million||View||Listen|
|10/23/2013||Q313||$0.43||$0.53||$163.55 million||$188.00 million||View||Listen|
|7/24/2013||Q2 2013||$0.53||$0.65||$181.20 million||$206.80 million||View||Listen|
|4/24/2013||Q1 2013||$0.48||$0.37||$167.20 million||$153.40 million||View||Listen|
|1/30/2013||Q4 2012||$0.52||$0.81||$153.36 million||$212.00 million||View||Listen|
Earnings Estimates for Evercore (NYSE:EVR)
Current Year EPS Consensus Estimate: $5.23 EPS
Next Year EPS Consensus Estimate: $5.85 EPS
Current Dividend Information for Evercore (NYSE:EVR)
|Most Recent Dividend:||9/8/2017|
|Dividend Growth:||11.80% (3 Year Average)|
|Payout Ratio:||34.52% (Trailing 12 Months of Earnings) |
26.00% (Based on This Year's Estimates)
23.25% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Evercore (NYSE EVR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Evercore (NYSE:EVR)
Insider Ownership Percentage: 10.97%Insider Trades by Quarter for Evercore (NYSE:EVR)
Institutional Ownership Percentage: 96.27%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/29/2017||Robert B Walsh||Insider||Sell||22,000||$75.05||$1,651,100.00|| |
|7/28/2017||Ostoa Augusto Arellano||CEO||Sell||29,935||$77.14||$2,309,185.90|| |
|2/7/2017||Andrew Sibbald||CEO||Sell||23,229||$79.32||$1,842,524.28|| |
|2/7/2017||Paul Pensa||Insider||Sell||1,406||$79.18||$111,327.08|| |
|2/3/2017||Ralph Schlosstein||Insider||Sell||263,822||$78.81||$20,791,811.82|| |
|12/1/2016||Adam B Frankel||General Counsel||Sell||1,100||$68.60||$75,460.00|| |
|8/31/2016||Ralph Schlosstein||CEO||Sell||10,000||$51.67||$516,700.00|| |
|8/30/2016||Ralph Schlosstein||CEO||Sell||35,238||$51.44||$1,812,642.72|| |
|8/29/2016||Ralph Schlosstein||CEO||Sell||26,611||$51.49||$1,370,200.39|| |
|8/26/2016||Ralph Schlosstein||Insider||Sell||125,212||$51.14||$6,403,341.68|| |
|8/23/2016||Andrew Sibbald||CEO||Sell||125,000||$51.21||$6,401,250.00|| |
|8/23/2016||Ralph Schlosstein||Insider||Sell||70,000||$51.29||$3,590,300.00|| |
|8/17/2016||Ralph Schlosstein||Insider||Sell||73,374||$51.72||$3,794,903.28|| |
|8/16/2016||Ralph Schlosstein||CEO||Sell||16,442||$51.82||$852,024.44|| |
|8/15/2016||Ralph Schlosstein||CEO||Sell||37,804||$51.94||$1,963,539.76|| |
|8/12/2016||Ralph Schlosstein||Insider||Sell||64,551||$51.73||$3,339,223.23|| |
|5/3/2016||Paul Pensa||Insider||Sell||1,672||$50.85||$85,021.20|| |
|2/26/2016||Andrew Sibbald||CEO||Sell||19,576||$47.01||$920,267.76|| |
|2/24/2014||Andrew Sibbald||CEO||Sell||11,051||$57.39||$634,216.89|| |
|11/11/2013||Andrew Sibbald||CEO||Sell||63,567||$52.36||$3,328,368.12|| |
|8/21/2013||Roger Altman||Chairman||Sell||150,175||$46.61||$6,999,656.75|| |
|8/14/2013||Roger Altman||Chairman||Sell||49,825||$47.58||$2,370,673.50|| |
|7/31/2013||Robert Walsh||Insider||Sell||20,000||$47.58||$951,600.00|| |
|9/12/2012||Pedro Aspe||Chairman||Sell||65,000||$25.15||$1,634,750.00|| |
Headline Trends for Evercore (NYSE:EVR)
Latest Headlines for Evercore (NYSE:EVR)
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Evercore (EVR) Chart for Tuesday, October, 24, 2017