NYSE:PJT

PJT Partners - PJT Stock Forecast, Price & News

$78.08

+0.30 (+0.39%)

(As of 11/25/2022 08:58 PM ET)

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Today's Range: $77.27
▼
$78.79
50-Day Range: $65.93
▼
$78.38
52-Week Range: $54.48
▼
$80.33

Volume: 52,200 shs
Average Volume: 181,337 shs
Market Capitalization: $1.91 billion

P/E Ratio: 20.12
Dividend Yield: 1.28%
Price Target: $83.20

PJT Partners MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 6.6% Upside
$83.20 Price Target
Short Interest: Bearish
5.07% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 16.67%
From $4.20 to $4.90 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Finance Sector

669th out of 892 stocks

Investment Advice Industry

38th out of 50 stocks

1.5

Analyst's Opinion

Consensus Rating
PJT Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.20, PJT Partners has a forecasted upside of 6.6% from its current price of $78.08.
Amount of Analyst Coverage
PJT Partners has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.07% of the float of PJT Partners has been sold short.
Short Interest Ratio / Days to Cover
PJT Partners has a short interest ratio ("days to cover") of 7.5.
Change versus previous month
Short interest in PJT Partners has recently decreased by 4.20%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
PJT Partners pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
PJT Partners has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of PJT Partners is 25.77%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, PJT Partners will have a dividend payout ratio of 20.41% next year. This indicates that PJT Partners will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PJT.

2.6

News and Social Media Coverage

News Sentiment
PJT Partners has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for PJT Partners this week, compared to 1 article on an average week.
Search Interest
1 people have searched for PJT on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added PJT Partners to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PJT Partners insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.30% of the stock of PJT Partners is held by insiders.
Percentage Held by Institutions
69.12% of the stock of PJT Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PJT Partners are expected to grow by 16.67% in the coming year, from $4.20 to $4.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PJT Partners is 20.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of PJT Partners is 20.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 169.75.
Price to Book Value per Share Ratio
PJT Partners has a P/B Ratio of 2.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PJT Partners (NYSE:PJT) Stock

PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters. Further, the company offers advisory services in restructurings and recapitalizations; and serving a range of companies, creditors, and financial sponsors on liability management and related capital raise transactions, including exchanges, recapitalizations, reorganizations, debt repurchases, and distressed mergers and acquisitions. Additionally, it provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to GPs and LPs on liquidity and other structured solutions in the secondary market. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.

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PJT Stock News Headlines

November 26, 2022 | seekingalpha.com

PJT Partners Benefits From Restructuring Amid Clearer Macro Picture

November 19, 2022 | americanbankingnews.com

PJT Partners Inc. (NYSE:PJT) Receives $83.20 Average Price Target from Brokerages

November 8, 2022 | finance.yahoo.com

PJT Partners Third Quarter 2022 Earnings: Beats Expectations

November 2, 2022 | businessinsider.com

Goldman Sachs is not the preferred workplace for junior talent. Here are the investment banks first-year analysts favored in a recent survey.

November 1, 2022 | msn.com

Struggling Boston Internet company Starry looks for potential sale

October 31, 2022 | marketwatch.com

Starry Group Shares Hit 52-Week Low After Advisers Hired

October 31, 2022 | technews.tmcnet.com

Starry Retains Advisors to Explore Strategic and Balance Sheet Alternatives

October 26, 2022 | bloomberg.com

NYC’s Secret Weapon to Keep Finance Elite Is Park Avenue Revamp

October 26, 2022 | seekingalpha.com

PJT Partners Inc. (PJT) Q3 2022 Earnings Call Transcript

October 25, 2022 | finance.yahoo.com

PJT Partners (PJT) Q3 Earnings and Revenues Beat Estimates

October 25, 2022 | finance.yahoo.com

PJT Partners Inc. Reports Third Quarter and Nine Months 2022 Results

October 24, 2022 | msn.com

Earnings Outlook For PJT Partners

October 14, 2022 | nasdaq.com

Some Shareholders Feeling Restless Over PJT Partners Inc.'s (NYSE:PJT) P/E Ratio

October 14, 2022 | finance.yahoo.com

Those who invested in PJT Partners (NYSE:PJT) five years ago are up 103%

October 13, 2022 | finance.yahoo.com

PJT Partners Inc. to Report Third Quarter 2022 Financial Results and Host a Conference Call on October 25, 2022

October 12, 2022 | finanznachrichten.de

Nielsen Holdings plc: Nielsen Announces Closing Of Transaction With Evergreen- and Brookfield-Led Consortium

October 3, 2022 | finance.yahoo.com

Carillon Tower Advisers: “PJT is Experiencing Strong Growth”

September 20, 2022 | wsj.com

Investment Banker PJT Denied $12 Million Fee For Latam Airlines Restructuring

September 17, 2022 | finance.yahoo.com

PJT Partners Inc. (PJT)

September 3, 2022 | seekingalpha.com

PJT Partners goes ex-dividend on Tuesday

August 8, 2022 | finance.yahoo.com

K. Don Cornwell to Join PJT Partners Board of Directors

July 28, 2022 | seekingalpha.com

PJT Partners Has The Restructuring Spring Below It, But All Markets Are Closed

July 26, 2022 | seekingalpha.com

PJT Partners stock gains as Q2 earnings top consensus, unit buyback planned

July 26, 2022 | seekingalpha.com

PJT Partners Inc. (PJT) CEO Paul Taubman on Q2 2022 Results - Earnings Call Transcript

July 26, 2022 | nasdaq.com

Pjt Partners Shares Cross Above 200 DMA

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PJT Company Calendar

Ex-Dividend for 9/21 Dividend: 9/06/2022
Dividend Payable: 9/21/2022
Last Earnings: 10/25/2022
Today: 11/27/2022
Ex-Dividend for 12/21 Dividend: 12/06/2022
Dividend Payable: 12/21/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/07/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment advice
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:PJT
CUSIP: N/A
CIK: 1626115
Web: www.pjtpartners.com
Phone: (212) 364-7800
Fax: N/A
Employees: 833
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $83.20
High Stock Price Forecast: $86.00
Low Stock Price Forecast: $79.00
Forecasted Upside/Downside: +6.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.88
Trailing P/E Ratio: 20.12
Forward P/E Ratio: 18.59
P/E Growth: N/A
Net Income: $189.96 million
Net Margins: 9.53%
Pretax Margin: 20.43%
Return on Equity: 27.17%
Return on Assets: 18.22%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.70
Quick Ratio: 2.70

Sales & Book Value

Annual Sales: $991.95 million
Price / Sales: 1.92
Cash Flow: $9.18 per share
Price / Cash Flow: 8.51
Book Value: $26.22 per share
Price / Book: 2.98

Miscellaneous

Outstanding Shares: 24,414,000
Free Float: 23,608,000
Market Cap: $1.91 billion
Optionable: Optionable
Beta: 0.77

Key Executives

Mr. Paul Jeffrey Taubman B.S. (Age 61)
M.B.A., Founding Partner, Chairman & CEO
Comp: $1.01M

Ms. Ji-Yeun Lee (Age 55)
Managing Partner
Comp: $2.88M

Ms. Helen Therese Meates (Age 60)
Chief Financial Officer
Comp: $5.18M

Mr. David Adam Travin (Age 46)
Gen. Counsel
Comp: $1.24M

Ms. Paige Costigan
Chief Operating Officer

Ms. Sharon Pearson
MD & Head of Investor & External Relations

Mr. Steven Murray
Partner & Chief HR Officer

Mr. Adam B. Schlesinger
Managing Director

Mr. Tom Campbell
Partner & Head of the EMEA Restructuring and Special Situations Group

Mr. Nick Tansley
MD of Strategic Advisory Group & Head of European Industrials

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PJT Stock - Frequently Asked Questions

Should I buy or sell PJT Partners stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PJT Partners in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PJT shares.
View PJT analyst ratings or view top-rated stocks.
What is PJT Partners' stock price forecast for 2023?: 5 brokers have issued 1 year price targets for PJT Partners' shares. Their PJT share price forecasts range from $79.00 to $86.00. On average, they expect the company's stock price to reach $83.20 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for PJT or view top-rated stocks among Wall Street analysts.
How have PJT shares performed in 2022?: PJT Partners' stock was trading at $74.09 at the beginning of the year. Since then, PJT shares have increased by 5.4% and is now trading at $78.08.
View the best growth stocks for 2022 here.
When is PJT Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our PJT earnings forecast.
How were PJT Partners' earnings last quarter?: PJT Partners Inc. (NYSE:PJT) issued its quarterly earnings results on Tuesday, October, 25th. The financial services provider reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.09. The financial services provider had revenue of $266.09 million for the quarter, compared to analyst estimates of $235 million. PJT Partners had a net margin of 9.53% and a trailing twelve-month return on equity of 27.17%.
How often does PJT Partners pay dividends? What is the dividend yield for PJT Partners?: PJT Partners announced a quarterly dividend on Tuesday, October 25th. Stockholders of record on Wednesday, December 7th will be paid a dividend of $0.25 per share on Wednesday, December 21st. This represents a $1.00 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Tuesday, December 6th.
Read our dividend analysis for PJT.

Is PJT Partners a good dividend stock?: PJT Partners (NYSE:PJT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.28%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PJT will have a dividend payout ratio of 20.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PJT.
What other stocks do shareholders of PJT Partners own?: 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).
What is PJT Partners' stock symbol?: PJT Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "PJT."
Who are PJT Partners' major shareholders?: PJT Partners' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.56%), BlackRock Inc. (6.57%), Eagle Asset Management Inc. (3.61%), Alliancebernstein L.P. (3.48%), State Street Corp (2.13%) and Dimensional Fund Advisors LP (1.68%). Insiders that own company stock include Grace Reksten Skaugen and James W Cuminale.
View institutional ownership trends.
How do I buy shares of PJT Partners?: 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.
Compare Top Brokerages Here.
What is PJT Partners' stock price today?: One share of PJT stock can currently be purchased for approximately $78.08.
How much money does PJT Partners make?: PJT Partners (NYSE:PJT) has a market capitalization of $1.91 billion and generates $991.95 million in revenue each year. The financial services provider earns $189.96 million in net income (profit) each year or $3.88 on an earnings per share basis.
How many employees does PJT Partners have?: The company employs 833 workers across the globe.
How can I contact PJT Partners?: 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.

This page (NYSE:PJT) was last updated on 11/28/2022 by MarketBeat.com Staff

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