Market Cap
US$3.6b
Last Updated
2019/10/22 00:03 UTC
Data Sources
Company Financials +
Executive Summary
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally.
Snowflake
Fundamentals
Undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Evercore's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.0%
EVR
2.4%
US Capital Markets
1.0%
US Market
1 Year Return
-7.7%
EVR
4.8%
US Capital Markets
8.0%
US Market
Return vs Industry: EVR underperformed the US Capital Markets industry which returned 4.8% over the past year.
Return vs Market: EVR underperformed the US Market which returned 8% over the past year.
Shareholder returns
| EVR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 2.4% | 1.0% |
| 30 Day | -7.0% | -1.8% | -0.07% |
| 90 Day | -12.8% | -2.2% | -1.0% |
| 1 Year | -5.3%-7.7% | 7.1%4.8% | 10.4%8.0% |
| 3 Year | 54.1%44.7% | 52.4%43.8% | 46.2%36.7% |
| 5 Year | 74.4%56.3% | 77.3%61.1% | 64.3%46.2% |
Price Volatility Vs. Market
How volatile is Evercore's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Does Evercore Inc.'s (NYSE:EVR) P/E Ratio Signal A Buying Opportunity?3 months ago | Simply Wall St
A Look At Evercore Inc.'s (NYSE:EVR) Exceptional Fundamentals4 months ago | Simply Wall St
Did Evercore's (NYSE:EVR) Share Price Deserve to Gain 82%?Valuation
Is Evercore undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVR ($78.72) is trading below our estimate of fair value ($230.68)
Significantly Below Fair Value: EVR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EVR is good value based on its PE Ratio (8.8x) compared to the Capital Markets industry average (31.8x).
PE vs Market: EVR is good value based on its PE Ratio (8.8x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: EVR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: EVR is good value based on its PB Ratio (4.3x) compared to the US Capital Markets industry average (6.3x).
Next Steps
Future Growth
How is Evercore forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
-0.005%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVR's earnings are forecast to decline over the next 3 years (-0% per year).
Earnings vs Market: EVR's earnings are forecast to decline over the next 3 years (-0% per year).
High Growth Earnings: EVR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: EVR's revenue (2.6% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: EVR's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EVR's Return on Equity is forecast to be high in 3 years time (37.9%)
Next Steps
Past Performance
How has Evercore performed over the past 5 years?
38.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: EVR's earnings have grown significantly by 38.7% per year over the past 5 years.
Accelerating Growth: EVR's earnings growth over the past year (89.4%) exceeds its 5-year average (38.7% per year).
Earnings vs Industry: EVR earnings growth over the past year (89.4%) exceeded the Capital Markets industry 29.3%.
Return on Equity
High ROE: EVR's Return on Equity (43.8%) is considered outstanding.
Return on Assets
ROA vs Industry: EVR has a higher Return on Assets than the Capital Markets industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate EVR's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is Evercore's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: EVR has a low level of unsold assets or inventory.
Debt Coverage by Assets: EVR's debt is covered by short term assets (assets are 5.007370x debt).
Financial Institutions Analysis
Asset Level: EVR's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if EVR has a sufficient allowance for bad loans.
Low Risk Liabilities: EVR reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if EVR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: EVR has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if EVR has an appropriate level of bad loans.
Next Steps
Dividend
What is Evercore's current dividend yield, its reliability and sustainability?
2.95%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: EVR's dividend (2.95%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: EVR's dividend (2.95%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stable Dividend: EVR's dividends per share have been stable in the past 10 years.
Growing Dividend: EVR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.3%), EVR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EVR's dividends in 3 years are forecast to be well covered by earnings (30.1% payout ratio).
Next Steps
Management
What is the CEO of Evercore's salary, the management and board of directors tenure and is there insider trading?
12.3yrs
Average management tenure
CEO
Ralph Schlosstein (68yo)
10.4yrs
Tenure
US$7,951,012
Compensation
Mr. Ralph Lewis Schlosstein is President and Chief Executive Officer of Evercore, a position he has held since May 2009. Prior to joining Evercore, Mr. Schlosstein was the Chief Executive Officer of Hig ...
CEO Compensation Analysis
Compensation vs. Market: Ralph's total compensation ($USD7.95M) is about average for companies of similar size in the US market ($USD5.12M).
Compensation vs Earnings: Ralph's compensation has been consistent with company performance over the past year.
Management Age and Tenure
12.3yrs
Average Tenure
62yo
Average Age
Experienced Management: EVR's management team is seasoned and experienced (12.3 years average tenure).
Board Age and Tenure
5.0yrs
Average Tenure
68yo
Average Age
Experienced Board: EVR's board of directors are considered experienced (5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Accounting Officer Senior MD |
| Shares | 1,379 |
| Max Price | US$88.82 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP |
| Shares | 20,668 |
| Max Price | US$89.38 |
Ownership Breakdown
Management Team
Roger Altman (73yo)
Founder & Senior Chairman
- Tenure: 2.9yrs
- Compensation: US$9.45m
Ralph Schlosstein (68yo)
President
- Tenure: 10.4yrs
- Compensation: US$7.95m
Andrew Sibbald (52yo)
Vice Chairman
- Tenure: 0yrs
- Compensation: US$4.04m
John Weinberg (62yo)
Executive Chairman
- Tenure: 2.9yrs
- Compensation: US$7.95m
Chris Turek
Senior MD
- Tenure: 0yrs
Bob Walsh (62yo)
Executive VP
- Tenure: 12.3yrs
- Compensation: US$3.48m
Paul Pensa
Senior MD
- Tenure: 0yrs
Anil Rachwani
Senior Managing Director of Technology Group
- Tenure: 0yrs
Nathan Graf
Senior Managing Director
- Tenure: 0yrs
Christopher Sanger
Managing Director
- Tenure: 0yrs
Board Members
Roger Altman (73yo)
Founder & Senior Chairman
- Tenure: 2.9yrs
- Compensation: US$9.45m
Ralph Schlosstein (68yo)
President
- Tenure: 10.4yrs
- Compensation: US$7.95m
Mike Overlock (73yo)
Independent Director
- Tenure: 5yrs
- Compensation: US$181.94k
Robert Millard (68yo)
Independent Director
- Tenure: 7.3yrs
- Compensation: US$201.94k
Dick Beattie (80yo)
Independent Director
- Tenure: 9.7yrs
- Compensation: US$181.94k
Jeff Maurer (72yo)
Partner & CEO of Evercore Wealth Management and Chairman & CEO of Evercore Trust Company
- Tenure: 0yrs
Bill Wheeler (57yo)
Independent Director
- Tenure: 4.7yrs
- Compensation: US$201.94k
John Weinberg (62yo)
Executive Chairman
- Tenure: 2.9yrs
- Compensation: US$7.95m
Gail Harris (66yo)
Lead Director
- Tenure: 0yrs
- Compensation: US$201.94k
Walter Kuna
Senior MD of German Advisory Business and Chairman of Evercore Germany
- Tenure: 0yrs
Company Information
Evercore Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Evercore Inc.
- Ticker: EVR
- Exchange: NYSE
- Founded: 1995
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: US$3.563b
- Market Cap: US$3.139b
- Shares outstanding: 46.30m
- Website: https://www.evercore.com
Number of Employees
Location
- Evercore Inc.
- 55 East 52nd Street
- New York
- New York
- 10055
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EVR | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Aug 2006 |
| EVR * | BMV (Bolsa Mexicana de Valores) | Yes | Class A Common Stock | MX | MXN | Aug 2006 |
| QGJ | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Aug 2006 |
Biography
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 00:03 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.