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EVR

EvercoreNYSE:EVR Stock Report

Last Price

US$121.56

Market Cap

US$5.4b

7D

-11.3%

1Y

5.9%

Updated

20 Jan, 2022

Data

Company Financials +
EVR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health5/6
Dividends5/6

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.

Evercore Competitors

Morgan Stanley

NYSE:MS

US$176.9b

Goldman Sachs Group

NYSE:GS

US$116.1b

Raymond James Financial

NYSE:RJF

US$21.1b

Stifel Financial

NYSE:SF

US$7.1b

Price History & Performance

Summary of all time highs, changes and price drops for Evercore
Historical stock prices
Current Share PriceUS$121.56
52 Week HighUS$164.63
52 Week LowUS$103.50
Beta1.63
1 Month Change-8.42%
3 Month Change-24.06%
1 Year Change5.86%
3 Year Change45.34%
5 Year Change57.56%
Change since IPO389.18%

Recent News & Updates

Jan 16
Here's Why I Think Evercore (NYSE:EVR) Is An Interesting Stock

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...

Nov 26

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%.

Shareholder Returns

EVRUS Capital MarketsUS Market
7D-11.3%-4.0%-4.0%
1Y5.9%25.3%6.6%

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.

Price Volatility

Is EVR's price volatile compared to industry and market?
EVR volatility
EVR Average Weekly Movement4.6%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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

FoundedEmployeesCEOWebsite
19951,950Ralph Schlossteinhttps://www.evercore.com

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

How do Evercore's earnings and revenue compare to its market cap?
EVR fundamental statistics
Market CapUS$5.42b
Earnings (TTM)US$664.63m
Revenue (TTM)US$3.13b

8.1x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVR income statement (TTM)
RevenueUS$3.13b
Cost of RevenueUS$82.77m
Gross ProfitUS$3.05b
ExpensesUS$2.38b
EarningsUS$664.63m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 02, 2022

Earnings per share (EPS)14.92
Gross Margin97.35%
Net Profit Margin21.24%
Debt/Equity Ratio24.9%

How did EVR perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

16%

Payout Ratio

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 ($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).


Future Growth

How is Evercore forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-8.3%

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%)


Past Performance

How has Evercore performed over the past 5 years?

28.1%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Evercore current dividend yield, its reliability and sustainability?

2.24%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Ralph Schlosstein (70 yo)

1.5yrs

Tenure

US$7,315,103

Compensation

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.


Leadership Team

Experienced Management: EVR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: EVR's board of directors are considered experienced (7.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Evercore Inc.'s 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$5.420b
  • Market Cap: US$4.743b
  • Shares outstanding: 44.54m
  • Website: https://www.evercore.com

Number of Employees


Location

  • Evercore Inc.
  • 55 East 52nd Street
  • New York
  • New York
  • 10055
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 23:57
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.