Market Cap
US$3.6b
Last Updated
2020/10/19 23:37 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued established dividend payer.
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
Stable Share Price: EVR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.8%
EVR
-1.0%
US Capital Markets
-2.4%
US Market
1 Year Return
-1.3%
EVR
9.7%
US Capital Markets
18.2%
US Market
Return vs Industry: EVR underperformed the US Capital Markets industry which returned 11.3% over the past year.
Return vs Market: EVR underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| EVR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | -1.0% | -2.4% |
| 30 Day | 17.1% | 3.9% | 4.2% |
| 90 Day | 31.0% | 1.3% | 6.3% |
| 1 Year | 2.2%-1.3% | 12.5%9.7% | 20.9%18.2% |
| 3 Year | 8.6%0.3% | 21.2%11.8% | 41.2%31.8% |
| 5 Year | 63.0%44.2% | 72.5%50.6% | 84.8%63.9% |
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
6 days ago | Simply Wall St
Have Insiders Been Buying Evercore Inc. (NYSE:EVR) Shares This Year?1 month ago | Simply Wall St
Why Investors Shouldn't Be Surprised By Evercore Inc.'s (NYSE:EVR) Low P/E1 month ago | Simply Wall St
Here's What We Like About Evercore's (NYSE:EVR) Upcoming DividendValuation
Is Evercore undervalued compared to its fair value and its price relative to the market?
22.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVR ($77.72) is trading below our estimate of fair value ($100.17)
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 (13.1x) compared to the US Capital Markets industry average (23.6x).
PE vs Market: EVR is good value based on its PE Ratio (13.1x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: EVR is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: EVR is good value based on its PB Ratio (3.5x) compared to the US Capital Markets industry average (4.5x).
Next Steps
Future Growth
How is Evercore forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
23.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVR's forecast earnings growth (23.3% per year) is above the savings rate (2.2%).
Earnings vs Market: EVR's earnings (23.3% per year) are forecast to grow faster than the US market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EVR's revenue (8.4% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: EVR's revenue (8.4% 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 (27.8%)
Next Steps
Past Performance
How has Evercore performed over the past 5 years?
33.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVR has high quality earnings.
Growing Profit Margin: EVR's current net profit margins (11.8%) are lower than last year (17.2%).
Past Earnings Growth Analysis
Earnings Trend: EVR's earnings have grown significantly by 33.8% per year over the past 5 years.
Accelerating Growth: EVR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EVR had negative earnings growth (-34.7%) over the past year, making it difficult to compare to the Capital Markets industry average (11.9%).
Return on Equity
High ROE: EVR's Return on Equity (25.1%) is considered high.
Next Steps
Financial Health
How is Evercore's financial position?
Financial Position Analysis
Short Term Liabilities: EVR's short term assets ($1.6B) exceed its short term liabilities ($564.7M).
Long Term Liabilities: EVR's short term assets ($1.6B) exceed its long term liabilities ($802.7M).
Debt to Equity History and Analysis
Debt Level: EVR's debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: EVR's debt to equity ratio has increased from 30.3% to 34.8% over the past 5 years.
Debt Coverage: EVR's debt is well covered by operating cash flow (192.3%).
Interest Coverage: Insufficient data to determine if EVR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Evercore current dividend yield, its reliability and sustainability?
2.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVR's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: EVR's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
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 reasonably low payout ratio (39.2%), 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 (35.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Ralph Schlosstein (69 yo)
0.25
Tenure
US$7,312,898
Compensation
Mr. Ralph Lewis Schlosstein, B.A., has been Co-Chairman of the Board and Co-Chief Executive Officer at Evercore Inc. since July 15, 2020 and served as its Chief Executive Officer from 2009 to July 15, 2020 ...
CEO Compensation Analysis
Compensation vs Market: Ralph's total compensation ($USD7.31M) is above average for companies of similar size in the US market ($USD5.61M).
Compensation vs Earnings: Ralph's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman & Co-CEO | 0.25yr | US$7.31m | 1.46% $ 53.2m | |
| Co-Chairman & Co-CEO | 0.25yr | US$18.31m | 0.72% $ 26.2m | |
| Founder & Senior Chairman | 3.92yrs | US$9.59m | 0.14% $ 5.1m | |
| Executive VP | 13.33yrs | US$3.83m | 0.15% $ 5.5m | |
| Chairman Investment Banking of Europe | no data | US$3.96m | 0.11% $ 4.0m | |
| Senior MD | no data | no data | 0.011% $ 417.9k | |
| Managing Director | no data | no data | no data | |
| Senior MD | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior MD | no data | no data | 0.049% $ 1.8m | |
| Senior MD & Head of Human Capital Group | no data | no data | no data | |
| Senior Managing Director of Advisory Business | no data | US$4.06m | no data |
6.8yrs
Average Tenure
63yo
Average Age
Experienced Management: EVR's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman & Co-CEO | 0.25yr | US$7.31m | 1.46% $ 53.2m | |
| Co-Chairman & Co-CEO | 0.25yr | US$18.31m | 0.72% $ 26.2m | |
| Founder & Senior Chairman | 3.92yrs | US$9.59m | 0.14% $ 5.1m | |
| Senior MD of German Advisory Business & Vice-Chairman of Evercore-Germany | no data | no data | no data | |
| Founder | no data | no data | 0.019% $ 703.2k | |
| Independent Director | 6yrs | US$180.49k | 0.014% $ 515.3k | |
| Independent Director | 8.25yrs | US$200.49k | 0.11% $ 4.1m | |
| Independent Director | 10.67yrs | US$180.49k | 0.061% $ 2.2m | |
| Independent Director | 3.5yrs | US$180.49k | 0.0069% $ 249.7k | |
| Chairman of Supervisory Board of Evercore Germany | 0.50yr | no data | no data | |
| Independent Director | 5.67yrs | US$200.49k | 0.014% $ 511.7k | |
| Independent Lead Director | no data | US$200.49k | 0.093% $ 3.4m |
3.9yrs
Average Tenure
69yo
Average Age
Experienced Board: EVR's board of directors are considered experienced (3.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Top Shareholders
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$3.634b
- Market Cap: US$3.155b
- Shares outstanding: 46.35m
- 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 | 2020/10/19 23:37 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.