PJT Partners Inc., an investment bank, provides various strategic advisory, shareholder engagement, restructuring and special situations, and private fund advisory and placement services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers a range of financial advisory and transaction execution capability, including mergers and acquisitions, joint ventures, minority investments, asset swaps, divestitures, takeover defenses, corporate finance advisory, private placements, and distressed sales. The company also advices companies, creditors, and financial sponsors on recapitalizations, reorganizations, exchange offers, debt repurchases, capital raises, and distressed mergers and acquisitions. In addition, it offers private fund advisory and placement services for various investment strategies, including private equity, hedge fund, real estate, and secondary advisory groups. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryN/A
SectorFinance
Phone212-364-7800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$580.25 million
Profitability
Miscellaneous
Employees590
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable
PJT Partners (NYSE:PJT) Frequently Asked Questions
What is PJT Partners' stock symbol?
PJT Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "PJT."
How often does PJT Partners pay dividends? What is the dividend yield for PJT Partners?
PJT Partners declared a quarterly dividend on Wednesday, May 1st. Shareholders of record on Wednesday, June 5th will be given a dividend of $0.05 per share on Wednesday, June 19th. This represents a $0.20 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend is Tuesday, June 4th. View PJT Partners' Dividend History.
How will PJT Partners' stock buyback program work?
PJT Partners announced that its Board of Directors has initiated a share buyback program on Tuesday, October 31st 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.
How were PJT Partners' earnings last quarter?
PJT Partners Inc (NYSE:PJT) posted its quarterly earnings results on Wednesday, May, 1st. The financial services provider reported $0.28 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.04. The financial services provider earned $128.06 million during the quarter. PJT Partners had a net margin of 4.01% and a return on equity of 15.66%. View PJT Partners' Earnings History.
When is PJT Partners' next earnings date?
What price target have analysts set for PJT?
3 Wall Street analysts have issued 12 month target prices for PJT Partners' stock. Their predictions range from $55.00 to $62.00. On average, they anticipate PJT Partners' share price to reach $59.00 in the next twelve months. This suggests a possible upside of 49.6% from the stock's current price. View Analyst Price Targets for PJT Partners.
What is the consensus analysts' recommendation for PJT Partners?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PJT Partners in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PJT Partners.
Has PJT Partners been receiving favorable news coverage?
Press coverage about PJT stock has been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PJT Partners earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of PJT Partners' key competitors?
Some companies that are related to PJT Partners include Evercore (EVR), Federated Investors (FII), Houlihan Lokey (HLI), MAN GRP PLC/ADR (MNGPY), Legg Mason (LM), AllianceBernstein (AB), Noah (NOAH), Ares Management (ARES), Hamilton Lane (HLNE), Cohen & Steers (CNS), The Carlyle Group (CG), Focus Financial Partners (FOCS), Moelis & Co (MC), Artisan Partners Asset Management (APAM) and Victory Capital (VCTR).
What other stocks do shareholders of PJT Partners own?
Who are PJT Partners' key executives?
PJT Partners' management team includes the folowing people:
- Mr. Paul Jeffrey Taubman, Founding Partner, Chairman & CEO (Age 58)
- Ms. Ji-Yeun Lee, Managing Partner (Age 52)
- Ms. Helen Therese Meates, Chief Financial Officer (Age 57)
- Mr. James W. Cuminale Esq., Gen. Counsel (Age 66)
- Ms. Paige Costigan, Chief Operating Officer
Who are PJT Partners' major shareholders?
PJT Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (6.89%), Eagle Asset Management Inc. (6.33%), BlackRock Inc. (6.15%), Carillon Tower Advisers Inc. (3.26%), Dimensional Fund Advisors LP (2.02%) and Goldman Sachs Group Inc. (1.16%). Company insiders that own PJT Partners stock include Dennis S Hersch, James W Cuminale and Paul J Taubman. View Institutional Ownership Trends for PJT Partners.
Which institutional investors are selling PJT Partners stock?
PJT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, Penn Capital Management Co. Inc., BlackRock Inc., Penn Capital Management Co. Inc., Strs Ohio, Grand Jean Capital Management Inc. and Quantamental Technologies LLC. View Insider Buying and Selling for PJT Partners.
Which institutional investors are buying PJT Partners stock?
PJT stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Spark Investment Management LLC, Eos Focused Equity Management L.P., Eagle Asset Management Inc., Renaissance Technologies LLC, Marshall Wace LLP, Carillon Tower Advisers Inc. and Dimensional Fund Advisors LP. Company insiders that have bought PJT Partners stock in the last two years include Dennis S Hersch and Paul J Taubman. View Insider Buying and Selling for PJT Partners.
How do I buy shares of PJT Partners?
Shares of PJT 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 PJT Partners' stock price today?
One share of PJT stock can currently be purchased for approximately $39.43.
How big of a company is PJT Partners?
PJT Partners has a market capitalization of $897.82 million and generates $580.25 million in revenue each year. The financial services provider earns $42.56 million in net income (profit) each year or $1.91 on an earnings per share basis. PJT Partners employs 590 workers across the globe.
What is PJT Partners' official website?
How can I contact PJT Partners?
PJT Partners' mailing address is 280 PARK AVENUE, NEW YORK NY, 10017. The financial services provider can be reached via phone at 212-364-7800 or via email at [email protected]
MarketBeat Community Rating for PJT Partners (NYSE PJT)
MarketBeat's community ratings are surveys of what our community members think about PJT Partners and other stocks. Vote "Outperform" if you believe PJT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PJT will underperform the S&P 500 over the long term. You may vote once every thirty days.
