PJT Partners Inc. is an advisory-focused investment bank. The Company offers an array of strategic advisory, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors and governments. It provides, through Park Hill Group, private fund advisory and placement services for alternative investment managers, including private equity funds, real estate funds and hedge funds. Its advisory business 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. Its Restructuring and Special Situations Group's services include advising companies, creditors and financial sponsors on recapitalizations, reorganizations, exchange offers, debt repurchases, capital raises, and distressed mergers and acquisitions.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Banking
- Sub-Industry: N/A
- Symbol: NYSE:PJT
- CUSIP: N/A
- Web: www.pjtpartners.com
Capitalization:- Market Cap: $717.39 million
- Outstanding Shares: 18,522,000
Average Prices:- 50 Day Moving Avg: $38.83
- 200 Day Moving Avg: $35.06
- 52 Week Range: $21.99 - $41.42
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 19.23
- P/E Growth: 1.57
Sales & Book Value:- Annual Revenue: $504.9 million
- Price / Sales: 1.41
- Book Value: ($3.35) per share
- Price / Book: -11.48
Dividend:- Annual Dividend: $0.20
- Dividend Yield: 0.5%
Profitability:- Net Margins: -0.39%
- Return on Equity: 1,891.52%
- Return on Assets: 10.86%
Debt:- Current Ratio: 4.68%
- Quick Ratio: 4.68%
Misc:- Average Volume: 115,611 shs.
- Beta: 0.31
- Short Ratio: 7.5
Frequently Asked Questions for PJT Partners (NYSE:PJT)
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 announced a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Thursday, June 8th will be given a dividend of $0.05 per share on Thursday, June 22nd. This represents a $0.20 annualized dividend and a yield of 0.52%. The ex-dividend date is Tuesday, June 6th. View PJT Partners' Dividend History.
How were PJT Partners' earnings last quarter?
PJT Partners Inc. (NYSE:PJT) released its earnings results on Tuesday, May, 2nd. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.08. The company earned $120.97 million during the quarter. PJT Partners had a negative net margin of 0.39% and a positive return on equity of 1,891.52%. View PJT Partners' Earnings History.
Where is PJT Partners' stock going? Where will PJT Partners' stock price be in 2017?
1 analysts have issued twelve-month target prices for PJT Partners' stock. Their forecasts range from $45.00 to $45.00. On average, they anticipate PJT Partners' share price to reach $45.00 in the next year. View Analyst Ratings for PJT Partners.
Who are some of PJT Partners' key competitors?
Some companies that are related to PJT Partners include Gamco Investors (GBL), Pacific Premier Bancorp (PPBI), WSFS Financial Corporation (WSFS), IRSA Inversiones Y Representaciones S.A. (IRS), CareTrust REIT (CTRE), Apollo Investment Corporation (AINV), CIM Commercial Trust Corporation (CMCT), CenterState Banks (CSFL), At Home Group (HOME), Tortoise Energy Infrastructure Corporation (TYG), KCG Holdings (KCG), Agree Realty Corporation (ADC), Employers Holdings (EIG), WisdomTree Investments (WETF), St. Joe Company (The) (JOE), Capital Bank Financial Corp. (CBF), Redwood Trust (RWT) and CYS Investments (CYS).
Who are PJT Partners' key executives?
PJT Partners' management team includes the folowing people:
- Paul J. Taubman, Chairman of the Board, Chief Executive Officer
- Helen T. Meates, Chief Financial Officer
- James W. Cuminale, General Counsel
- Ji-Yeun Lee, Managing Partner
- Dennis S. Hersch, Lead Independent Director
- James Costos, Director
- Emily K. Rafferty, Independent Director
- Thomas M. Ryan, Independent Director
- Kenneth C. Whitney, Independent Director
Who owns PJT Partners stock?
PJT Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Sessa Capital IM L.P. (8.04%), Vanguard Group Inc. (3.54%), Renaissance Technologies LLC (2.04%), Tudor Investment Corp ET AL (1.71%), Morgan Stanley (0.82%) and Geode Capital Management LLC (0.77%). Company insiders that own PJT Partners stock include Dennis S Hersch, Helen T Meates, James Costos, James W Cuminale, Ji-Yeun Lee and Paul J Taubman. View Institutional Ownership Trends for PJT Partners.
Who sold PJT Partners stock? Who is selling PJT Partners stock?
PJT Partners' stock was sold by a variety of institutional investors in the last quarter, including Tudor Investment Corp ET AL, Bank of America Corp DE, Credit Suisse AG, Sessa Capital IM L.P., TIAA CREF Investment Management LLC, UBS Group AG, California Public Employees Retirement System and Legal & General Group Plc. View Insider Buying and Selling for PJT Partners.
Who bought PJT Partners stock? Who is buying PJT Partners stock?
PJT Partners' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Soros Fund Management LLC, Vanguard Group Inc., HighVista Strategies LLC, Citadel Advisors LLC, Highbridge Capital Management LLC, Goldman Sachs Group Inc. and Morgan Stanley. Company insiders that have bought PJT Partners stock in the last two years include Dennis S Hersch, Helen T Meates, James Costos, James W Cuminale, Ji-Yeun Lee and Paul J Taubman. View Insider Buying and Selling for PJT Partners.
How do I buy PJT Partners stock?
Shares of PJT Partners 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 PJT Partners' stock price today?
One share of PJT Partners stock can currently be purchased for approximately $38.45.
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 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.
Consensus Ratings for PJT Partners (NYSE:PJT) (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: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $45.00 (17.04% upside) |
Analysts' Ratings History for PJT Partners (NYSE:PJT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/11/2017 | Bank of America Corporation | Upgrade | Neutral -> Buy | $39.00 -> $45.00 | High |  |
| 12/17/2015 | Susquehanna Bancshares Inc | Upgrade | Neutral -> Positive | | N/A | |
(Data available from 6/22/2015 forward)
Earnings History for PJT Partners (NYSE:PJT)Earnings History by Quarter for PJT Partners (NYSE PJT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/2/2017 | Q1 2017 | $0.30 | $0.38 | | $120.97 million | View | Listen | |
| 2/9/2017 | Q416 | $0.48 | $0.70 | $103.80 million | $173.50 million | View | Listen | |
| 7/29/2016 | Q216 | | ($0.02) | $72.50 million | $69.30 million | View | Listen | |
| 2/11/2016 | Q415 | $0.20 | ($0.33) | $105.00 million | $103.80 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for PJT Partners (NYSE:PJT)Current Year EPS Consensus Estimate: $1.79 EPS
Next Year EPS Consensus Estimate: $2 EPS
Current Dividend Information for PJT Partners (NYSE:PJT)| Next Dividend: | 6/22/2017 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 0.52% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | -153.85% (Trailing 12 Months of Earnings)
11.17% (Based on This Year's Estimates)
10.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for PJT Partners (NYSE PJT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/2/2017 | quarterly | $0.05 | 0.54% | 6/6/2017 | 6/8/2017 | 6/22/2017 |
| 2/9/2017 | quarterly | $0.05 | 0.6% | 3/7/2017 | 3/9/2017 | 3/23/2017 |
| 11/1/2016 | Quarterly | $0.05 | | 12/5/2016 | 12/7/2016 | 12/21/2016 |
| 8/1/2016 | quarterly | $0.05 | 0.8% | 9/2/2016 | 9/7/2016 | 9/21/2016 |
| 5/9/2016 | quarterly | $0.05 | 0.87% | 6/6/2016 | 6/8/2016 | 6/22/2016 |
| 2/11/2016 | quarterly | $0.05 | | 3/7/2016 | 3/9/2016 | 3/23/2016 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for PJT Partners (NYSE:PJT)Insider Ownership Percentage: 3.30%
Institutional Ownership Percentage: 58.08%
Insider Trades by Quarter for PJT Partners (NYSE:PJT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/21/2017 | Paul J Taubman | Chairman | Buy | 16,500 | $36.55 | $603,075.00 | |
| 3/17/2017 | James Costos | Director | Buy | 2,600 | $38.26 | $99,476.00 | |
| 3/2/2017 | James W Cuminale | General Counsel | Buy | 7,000 | $38.80 | $271,600.00 | |
| 2/23/2017 | Paul J Taubman | Chairman | Buy | 8,500 | $36.73 | $312,205.00 | |
| 12/2/2016 | Paul J Taubman | Chairman | Buy | 25,000 | $29.34 | $733,500.00 | |
| 11/15/2016 | Paul J Taubman | Chairman | Buy | 35,000 | $29.73 | $1,040,550.00 | |
| 8/19/2016 | Paul J Taubman | Chairman | Buy | 15,000 | $24.62 | $369,300.00 | |
| 8/9/2016 | Ji-Yeun Lee | Insider | Buy | 10,000 | $24.66 | $246,600.00 | |
| 8/4/2016 | Dennis S Hersch | Director | Buy | 2,000 | $24.16 | $48,320.00 | |
| 8/4/2016 | Paul J Taubman | Chairman | Buy | 15,000 | $24.21 | $363,150.00 | |
| 5/13/2016 | Paul J Taubman | CEO | Buy | 35,000 | $23.68 | $828,800.00 | |
| 5/11/2016 | Helen T Meates | CFO | Buy | 10,000 | $23.91 | $239,100.00 | |
| 12/23/2015 | Paul J. Taubman | CEO | Buy | 50,000 | $25.97 | $1,298,500.00 | |
| 12/21/2015 | Dennis S. Hersch | Director | Buy | 4,000 | $26.37 | $105,480.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for PJT Partners (NYSE:PJT)
Latest Headlines for PJT Partners (NYSE:PJT)
| Source: |
|
| Date | Headline |
|---|
 | Moody's Poised for Revenue Growth, Litigation Issues Remain
www.zacks.com - June 21 at 1:53 AM |
 | PJT Partners Inc. to Present at the JMP Financial Services and Real Estate Conference
finance.yahoo.com - June 13 at 7:23 PM |
 | Kenya Airways Debt Swap May Give State a Controlling Stake
www.bloomberg.com - June 8 at 8:07 PM |
 | Analysts Anticipate PJT Partners Inc (PJT) Will Post Earnings of $0.35 Per Share
www.americanbankingnews.com - June 7 at 12:20 PM |
| ETFs with exposure to PJT Partners, Inc. : June 6, 2017
finance.yahoo.com - June 6 at 8:05 PM |
| Brokerages Expect PJT Partners Inc (PJT) to Post $0.35 EPS
www.americanbankingnews.com - May 29 at 10:30 PM |
| ETFs with exposure to PJT Partners, Inc. : May 26, 2017
finance.yahoo.com - May 27 at 2:25 AM |
| ETFs with exposure to PJT Partners, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 6:31 PM |
| PJT Partners Inc (PJT) Raised to "Buy" at Bank of America Corp
www.americanbankingnews.com - May 14 at 8:46 AM |
| PJT Partners, Inc. :PJT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 8:00 PM |
| Analysts Anticipate PJT Partners Inc (PJT) to Announce $0.35 EPS
www.americanbankingnews.com - May 12 at 11:20 AM |
| Billions Are Sinking Into a Balkan Black Hole
www.bloomberg.com - May 12 at 12:41 AM |
 | Chapter 11 Filings Continue To Soar For Retailers; Healthcare May Be Next
www.prnewswire.com - May 12 at 12:41 AM |
| Analysts Anticipate PJT Partners Inc (PJT) to Post $0.35 EPS
www.americanbankingnews.com - May 11 at 4:23 PM |
| PJT Partners (PJT) Receiving Favorable News Coverage, Study Shows
www.americanbankingnews.com - May 8 at 11:45 PM |
| PJT Partners (PJT) Earning Positive Media Coverage, Report Shows
www.americanbankingnews.com - May 4 at 11:22 AM |
 | Paragon Offshore Announces Consensual Restructuring Agreement Reached Between Secured and Unsecured
www.nasdaq.com - May 4 at 8:14 AM |
| PJT Partners, Inc. breached its 50 day moving average in a Bullish Manner : PJT-US : May 3, 2017
finance.yahoo.com - May 3 at 7:46 PM |
| Edited Transcript of PJT earnings conference call or presentation 2-May-17 12:30pm GMT
finance.yahoo.com - May 3 at 7:46 PM |
| PJT Partners Inc (PJT) Posts Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - May 3 at 6:44 PM |
| PJT Partners Inc (PJT) Plans Quarterly Dividend of $0.05
www.americanbankingnews.com - May 2 at 8:06 PM |
 | PJT Partners Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 2 at 10:25 AM |
 | PJT Partners posts 1Q profit
marketbeat.com - May 2 at 7:42 AM |
| PJT Partners (PJT) Earning Negative News Coverage, Study Shows
www.americanbankingnews.com - April 28 at 11:22 AM |
| ETFs with exposure to PJT Partners, Inc. : April 26, 2017
finance.yahoo.com - April 26 at 6:02 PM |
| PJT Partners (PJT) Receiving Very Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 25 at 9:38 AM |
| PJT Partners (PJT) Given News Impact Score of 0.29
www.americanbankingnews.com - April 22 at 3:53 PM |
| PJT Partners (PJT) Receiving Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 19 at 11:51 AM |
| PJT Partners Inc (PJT) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - April 19 at 7:50 AM |
| PJT Partners Inc. to Report First Quarter 2017 Financial Results and Host a Conference Call on May 2, 2017
finance.yahoo.com - April 18 at 6:34 PM |
| PJT Partners (PJT) Earns Media Impact Rating of 0.06
www.americanbankingnews.com - April 14 at 7:35 PM |
| PJT Partners Inc (PJT) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 12 at 7:36 AM |
| Insider Buying: PJT Partners Inc (PJT) Chairman Buys 16,500 Shares of Stock
www.americanbankingnews.com - March 22 at 10:28 PM |
| Insider Buying: PJT Partners Inc (PJT) Director Purchases 2,600 Shares of Stock
www.americanbankingnews.com - March 20 at 8:13 PM |
| Troubled Nuclear Builder Seen Best Fit for Asian Ambitions
www.bloomberg.com - March 13 at 9:46 AM |
| PJT PARTNERS INC. Financials
finance.yahoo.com - March 7 at 7:07 PM |
 | UPDATE 1-MacDonald Dettwiler to buy DigitalGlobe for about C$3.1 bln
www.businessinsider.com - February 25 at 6:51 PM |
 | Form 4 PJT Partners Inc. For: Feb 21 Filed by: Taubman Paul J - StreetInsider.com
www.streetinsider.com - February 24 at 8:30 AM |
| PJT PARTNERS INC. Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - February 23 at 7:20 PM |
 | Alvarez & Marsal, Kirkland top 2016 League Tables, advisers expect increase in healthcare restructurings as Trump threatens Obamacare
www.marketwatch.com - February 16 at 6:51 PM |
| Can The Uptrend Continue for PJT Partners (PJT)?
finance.yahoo.com - February 16 at 6:51 PM |
| Samson Resources Confirms Global Settlement Joint Plan of Reorganization and Moves Toward Emergence from Chapter 11
www.marketwatch.com - February 13 at 11:11 PM |
 | PJT Partners Inc. Appoints James Costos to Board of Directors - Business Wire (press release)
www.businesswire.com - February 11 at 1:16 AM |
 | BRIEF-PJT Partners Q4 revenue rises 67 pct to $173.5 mln
www.reuters.com - February 9 at 9:28 PM |
 | PJT Partners Inc. Appoints James Costos to Board of Directors
us.rd.yahoo.com - February 9 at 9:28 PM |
| PJT Partners Inc. Reports Full Year and Fourth Quarter 2016 Results
us.rd.yahoo.com - February 9 at 9:28 PM |
| PJT PARTNERS INC. Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal
us.rd.yahoo.com - February 9 at 9:28 PM |
| Q4 2016 PJT Partners Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 9 at 9:28 PM |
| 7:14 am PJT Partners reports Q4 results
us.rd.yahoo.com - February 9 at 9:28 PM |
| PJT Partners posts 4Q profit
finance.yahoo.com - February 9 at 9:28 PM |
PJT Partners (PJT) Chart for Thursday, June, 22, 2017
