EVR Stock Overview
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$121.56|
|52 Week High||US$164.63|
|52 Week Low||US$103.50|
|1 Month Change||-8.42%|
|3 Month Change||-24.06%|
|1 Year Change||5.86%|
|3 Year Change||45.34%|
|5 Year Change||57.56%|
|Change since IPO||389.18%|
Recent News & Updates
Here's Why I Think Evercore (NYSE:EVR) Is An Interesting Stock
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Evercore: Exceptional Dividend Sustainability With 1.83% Dividend Yield
Great Q3 results were posted and the company sold its total Institutional Asset Management unit. The current CEO is stepping down from 22nd February 2022. EVR has a 14-year consecutive dividend payment and growth history, but only with a forward dividend yield of 1.83%.
|EVR||US Capital Markets||US Market|
Return vs Industry: EVR underperformed the US Capital Markets industry which returned 24.6% over the past year.
Return vs Market: EVR underperformed the US Market which returned 7.7% over the past year.
|EVR Average Weekly Movement||4.6%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: EVR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EVR's weekly volatility (5%) has been stable over the past year.
About the Company
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, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients.
Evercore Fundamentals Summary
|EVR fundamental statistics|
Is EVR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EVR income statement (TTM)|
|Cost of Revenue||US$82.77m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 02, 2022
|Earnings per share (EPS)||14.92|
|Net Profit Margin||21.24%|
How did EVR perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is Evercore undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVR ($121.56) is trading below our estimate of fair value ($423.45)
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 (8.1x) compared to the US Capital Markets industry average (15.2x).
PE vs Market: EVR is good value based on its PE Ratio (8.1x) compared to the US market (16.9x).
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 (4.4x) compared to the US Capital Markets industry average (37.6x).
How is Evercore forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
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 (-8.3% per year).
Earnings vs Market: EVR's earnings are forecast to decline over the next 3 years (-8.3% per year).
High Growth Earnings: EVR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: EVR's revenue is expected to decline over the next 3 years (-0.5% per year).
High Growth Revenue: EVR's revenue is forecast to decline over the next 3 years (-0.5% 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 (36.4%)
How has Evercore performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVR has high quality earnings.
Growing Profit Margin: EVR's current net profit margins (21.2%) are higher than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: EVR's earnings have grown significantly by 28.1% per year over the past 5 years.
Accelerating Growth: EVR's earnings growth over the past year (182.4%) exceeds its 5-year average (28.1% per year).
Earnings vs Industry: EVR earnings growth over the past year (182.4%) exceeded the Capital Markets industry 87.1%.
Return on Equity
High ROE: EVR's Return on Equity (51.2%) is considered outstanding.
How is Evercore's financial position?
Financial Position Analysis
Short Term Liabilities: EVR's short term assets ($1.4B) exceed its short term liabilities ($934.5M).
Long Term Liabilities: EVR's short term assets ($1.4B) exceed its long term liabilities ($825.2M).
Debt to Equity History and Analysis
Debt Level: EVR has more cash than its total debt.
Reducing Debt: EVR's debt to equity ratio has reduced from 30.7% to 24.9% over the past 5 years.
Debt Coverage: EVR's debt is well covered by operating cash flow (325.8%).
Interest Coverage: Insufficient data to determine if EVR's interest payments on its debt are well covered by EBIT.
What is Evercore current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVR's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: EVR's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: EVR's dividends per share have been stable in the past 10 years.
Growing Dividend: EVR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.2%), EVR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EVR's dividends in 3 years are forecast to be well covered by earnings (23.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ralph Schlosstein (70 yo)
Mr. Ralph Lewis Schlosstein B.A., is Co-Chairman of the Board of Directors and Co-Chief Executive Officer of Evercore Inc. since July 2020. Previously, he also serve as its Director. He was President and C...
CEO Compensation Analysis
Compensation vs Market: Ralph's total compensation ($USD7.32M) is about average for companies of similar size in the US market ($USD6.42M).
Compensation vs Earnings: Ralph's compensation has been consistent with company performance over the past year.
Experienced Management: EVR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: EVR's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EVR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Evercore Inc.'s employee growth, exchange listings and data sources
- Name: Evercore Inc.
- Ticker: EVR
- Exchange: NYSE
- Founded: 1995
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: US$5.420b
- Market Cap: US$4.743b
- Shares outstanding: 44.54m
- Website: https://www.evercore.com
Number of Employees
- Evercore Inc.
- 55 East 52nd Street
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 23:57|
|End of Day Share Price||2022/01/20 00:00|
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.