PJT Partners (PJT) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PJT Partners in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PJT shares.
View PJT analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12 month target prices for PJT Partners' shares. Their PJT share price forecasts range from $85.00 to $94.00. On average, they anticipate the company's stock price to reach $89.50 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
View analysts price targets for PJT or view top-rated stocks among Wall Street analysts.

PJT Partners' stock was trading at $73.69 on January 1st, 2023. Since then, PJT stock has increased by 5.2% and is now trading at $77.51.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our PJT earnings forecast.

PJT Partners Inc. (NYSE:PJT) released its quarterly earnings data on Tuesday, July, 25th. The financial services provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.38. The financial services provider had revenue of $346.30 million for the quarter, compared to the consensus estimate of $240.57 million. PJT Partners had a trailing twelve-month return on equity of 17.24% and a net margin of 7.79%. PJT Partners's revenue for the quarter was up 48.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.88 earnings per share.

PJT Partners announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Wednesday, September 6th will be paid a dividend of $0.25 per share on Wednesday, September 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend is Tuesday, September 5th.
Read our dividend analysis for PJT.

ETFs with the largest weight of PJT Partners (NYSE:PJT) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), Roundhill Acquirers Deep Value ETF (DEEP) and Harbor Corporate Culture Small Cap ETF (HAPS).iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI).

PJT Partners (NYSE:PJT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PJT will have a dividend payout ratio of 21.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PJT.

Based on aggregate information from My MarketBeat watchlists, some companies that other PJT Partners investors own include Blackstone (BX), AT&T (T), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Bank of America (BAC), Walt Disney (DIS), Verizon Communications (VZ), AbbVie (ABBV) and Ford Motor (F).

PJT Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "PJT."

PJT Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.30%), Clearbridge Investments LLC (4.28%), Alliancebernstein L.P. (3.51%), State Street Corp (2.25%), Geode Capital Management LLC (2.13%) and abrdn plc (1.91%). Insiders that own company stock include Grace Reksten Skaugen, Helen T Meates and Ji-Yeun Lee.
View institutional ownership trends.

Shares of PJT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PJT stock can currently be purchased for approximately $77.51.

PJT Partners (NYSE:PJT) has a market capitalization of $1.87 billion and generates $1.03 billion in revenue each year. The financial services provider earns $164.77 million in net income (profit) each year or $3.30 on an earnings per share basis.

The company employs 907 workers across the globe.

PJT Partners' mailing address is 280 PARK AVENUE, NEW YORK NY, 10017. The official website for the company is www.pjtpartners.com. The financial services provider can be reached via phone at (212) 364-7800 or via email at investorrelations@pjtpartners.com.