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Evercore

NYSE:EVR
Snowflake Description

Undervalued with solid track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EVR
NYSE
$4B
Imp Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. The last earnings update was 23 days ago. More info.


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EVR Share Price and Events
7 Day Returns
-0.2%
NYSE:EVR
-1.7%
US Capital Markets
-2.1%
US Market
1 Year Returns
-25.2%
NYSE:EVR
-12.6%
US Capital Markets
1.3%
US Market
EVR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Evercore (EVR) -0.2% -15.3% -10.5% -25.2% 59.1% 49.1%
US Capital Markets -1.7% -4.1% -1.7% -12.6% 42% 60.6%
US Market -2.1% -4.2% 0% 1.3% 33.5% 38%
1 Year Return vs Industry and Market
  • EVR underperformed the Capital Markets industry which returned -12.6% over the past year.
  • EVR underperformed the Market in United States of America which returned 1.3% over the past year.
Price Volatility
EVR
Industry
5yr Volatility vs Market

EVR Value

 Is Evercore undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Evercore to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Evercore.

NYSE:EVR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity
= $28.37 * 46.9%
$13.30
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. $28.37
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:EVR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.692 (1 + (1- 21%) (11.55%))
0.836
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.836 * 5.96%)
7.71%

Discounted Cash Flow Calculation for NYSE:EVR using Excess Returns Model Model

The calculations below outline how an intrinsic value for Evercore is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NYSE:EVR Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (46.9% – 7.71%) * $28.37)
$11.12
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $11.12 / (7.71% - 2.73%)
$223.16
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $28.37 + $223.16
$251.54
NYSE:EVR Discount to Share Price
Calculation Result
Value per share (USD) From above. $251.54
Current discount Discount to share price of $82.07
= -1 x ($82.07 - $251.54) / $251.54
67.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Evercore is available for.
Intrinsic value
>50%
Share price is $82.07 vs Future cash flow value of $251.54
Current Discount Checks
For Evercore to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Evercore's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Evercore's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Evercore's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Evercore's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:EVR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $8.59
NYSE:EVR Share Price ** NYSE (2019-05-24) in USD $82.07
United States of America Capital Markets Industry PE Ratio Median Figure of 87 Publicly-Listed Capital Markets Companies 32.19x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Evercore.

NYSE:EVR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:EVR Share Price ÷ EPS (both in USD)

= 82.07 ÷ 8.59

9.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Evercore is good value based on earnings compared to the US Capital Markets industry average.
  • Evercore is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Evercore's expected growth come at a high price?
Raw Data
NYSE:EVR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
3.6%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 2.11x
United States of America Market PEG Ratio Median Figure of 2,120 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

NYSE:EVR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.55x ÷ 3.6%

2.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Evercore is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Evercore's assets?
Raw Data
NYSE:EVR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $18.69
NYSE:EVR Share Price * NYSE (2019-05-24) in USD $82.07
United States of America Capital Markets Industry PB Ratio Median Figure of 171 Publicly-Listed Capital Markets Companies 7.78x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
NYSE:EVR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:EVR Share Price ÷ Book Value per Share (both in USD)

= 82.07 ÷ 18.69

4.39x

* Primary Listing of Evercore.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Evercore is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Evercore's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Evercore has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EVR Future Performance

 How is Evercore expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Evercore expected to grow at an attractive rate?
  • Evercore's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Evercore's earnings growth is positive but not above the United States of America market average.
  • Evercore's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:EVR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:EVR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 3.6%
NYSE:EVR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 2.2%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 7.1%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:EVR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:EVR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,070 395 1
2020-12-31 2,136 681 350 6
2019-12-31 2,055 682 350 6
NYSE:EVR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,016 478 349
2018-12-31 2,065 850 377
2018-09-30 1,764 501 195
2018-06-30 1,790 535 191
2018-03-31 1,712 548 140
2017-12-31 1,635 507 125
2017-09-30 1,609 497 188
2017-06-30 1,589 564 177
2017-03-31 1,569 453 183
2016-12-31 1,440 422 108
2016-09-30 1,403 464 85
2016-06-30 1,326 324 57

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Evercore's earnings are expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
  • Evercore's revenue is expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:EVR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Evercore Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:EVR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 8.06 8.06 8.06 1.00
2020-12-31 7.49 8.73 6.63 3.00
2019-12-31 7.55 8.19 6.91 2.00
NYSE:EVR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 8.59
2018-12-31 9.29
2018-09-30 4.83
2018-06-30 4.80
2018-03-31 3.54
2017-12-31 3.16
2017-09-30 4.75
2017-06-30 4.47
2017-03-31 4.64
2016-12-31 2.74
2016-09-30 2.17
2016-06-30 1.48

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Evercore is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Evercore's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Evercore has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EVR Past Performance

  How has Evercore performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Evercore's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Evercore has delivered over 20% year on year earnings growth in the past 5 years.
  • Evercore's 1-year earnings growth exceeds its 5-year average (148.8% vs 36.8%)
  • Evercore's earnings growth has exceeded the US Capital Markets industry average in the past year (148.8% vs 65.4%).
Earnings and Revenue History
Evercore's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Evercore Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:EVR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,016.47 348.93 1,316.26
2018-12-31 2,064.71 377.24 1,338.54
2018-09-30 1,764.25 194.52 1,175.52
2018-06-30 1,789.60 190.97 1,191.15
2018-03-31 1,711.59 140.23 1,149.39
2017-12-31 1,635.27 125.45 1,079.82
2017-09-30 1,609.28 188.29 1,068.61
2017-06-30 1,588.99 177.08 1,052.23
2017-03-31 1,569.18 182.98 1,037.55
2016-12-31 1,440.05 107.53 1,002.30
2016-09-30 1,402.93 84.70 988.23
2016-06-30 1,325.56 57.20 950.97
2016-03-31 1,243.00 43.88 902.35
2015-12-31 1,223.27 42.86 885.16
2015-09-30 1,136.92 49.99 820.04
2015-06-30 1,055.13 67.11 754.37
2015-03-31 1,004.73 80.61 706.24
2014-12-31 915.86 86.87 628.21
2014-09-30 812.64 76.06 561.90
2014-06-30 772.81 67.52 538.78
2014-03-31 761.91 59.71 533.56
2013-12-31 765.43 55.98 541.03
2013-09-30 760.81 58.07 537.53
2013-06-30 726.51 47.58 518.02
2013-03-31 692.21 39.04 499.69
2012-12-31 642.37 28.81 472.43
2012-09-30 541.11 10.63 408.77
2012-06-30 551.26 8.95 415.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Evercore made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Evercore used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • Unable to establish if Evercore improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Evercore's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Evercore has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EVR Health

 How is Evercore's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Evercore's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Evercore is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Evercore's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Evercore's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Evercore Company Filings, last reported 1 month ago.

NYSE:EVR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,005.96 443.17 363.91
2018-12-31 1,007.94 193.69 815.64
2018-09-30 899.40 194.67 451.26
2018-06-30 851.00 197.88 433.32
2018-03-31 774.33 200.99 440.20
2017-12-31 796.37 205.17 639.61
2017-09-30 727.99 208.99 483.96
2017-06-30 699.10 211.56 456.94
2017-03-31 784.48 214.08 396.80
2016-12-31 783.33 215.80 599.84
2016-09-30 699.97 215.34 486.96
2016-06-30 643.10 218.81 291.76
2016-03-31 638.63 276.05 337.29
2015-12-31 707.22 185.80 502.90
2015-09-30 689.39 181.40 340.35
2015-06-30 687.48 208.62 340.02
2015-03-31 675.68 268.06 330.68
2014-12-31 716.25 234.28 468.72
2014-09-30 618.79 204.24 348.64
2014-06-30 615.36 181.08 280.07
2014-03-31 587.09 182.54 213.01
2013-12-31 599.96 178.79 384.10
2013-09-30 553.46 194.86 345.94
2013-06-30 520.66 185.21 240.40
2013-03-31 542.41 175.15 220.52
2012-12-31 540.48 222.16 390.23
2012-09-30 494.07 241.38 312.72
2012-06-30 489.56 222.05 282.22
  • Evercore's level of debt (44.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (31.1% vs 44.1% today).
  • Debt is well covered by operating cash flow (107.7%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Evercore's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Evercore's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Evercore has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EVR Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.83%
Current annual income from Evercore dividends. Estimated to be 2.96% next year.
If you bought $2,000 of Evercore shares you are expected to receive $57 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Evercore's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • Evercore's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Upcoming dividend payment

Purchase Evercore before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:EVR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:EVR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.67 2.00
2020-12-31 2.46 7.00
2019-12-31 2.28 5.00
NYSE:EVR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-02 2.320 2.670
2019-04-24 2.320 2.415
2019-02-22 2.000 2.173
2019-01-30 2.000 2.207
2018-11-01 2.000 2.545
2018-10-24 2.000 2.442
2018-08-01 2.000 1.969
2018-07-25 2.000 1.776
2018-05-02 2.000 1.849
2018-04-25 2.000 1.978
2018-01-31 1.600 1.719
2017-11-02 1.600 1.795
2017-10-26 1.600 2.022
2017-08-01 1.360 1.781
2017-07-27 1.360 1.732
2017-05-09 1.360 1.898
2017-04-26 1.360 1.827
2017-02-01 1.360 1.733
2016-11-02 1.360 1.994
2016-10-26 1.360 2.517
2016-08-04 1.240 2.398
2016-07-27 1.240 2.463
2016-05-05 1.240 2.542
2016-04-27 1.240 2.442
2016-02-24 1.240 2.478
2016-02-03 1.240 2.704
2015-11-02 1.240 2.404
2015-08-05 1.120 2.117
2015-07-22 1.120 1.924
2015-05-06 1.120 2.112
2015-04-22 1.120 2.260
2015-02-27 1.120 2.219
2015-02-04 1.120 2.163
2014-11-06 1.120 2.213
2014-10-22 1.120 2.226
2014-07-23 1.000 2.020
2014-04-23 1.000 1.798
2014-01-29 1.000 1.819
2013-10-23 1.000 1.790
2013-07-24 0.880 1.837
2013-04-24 0.880 2.226
2013-01-30 0.880 2.207
2012-10-25 0.880 2.987
2012-08-08 0.800 3.063
2012-07-26 0.800 3.461
2012-04-26 0.800 3.353
2012-02-02 0.800 2.904
2011-10-27 0.800 2.951
2011-07-28 0.720 2.999
2011-04-28 0.720 2.129
2011-02-02 0.720 2.136
2010-10-28 0.720 2.201
2010-08-03 0.600 2.235
2010-05-05 0.600 2.218
2010-04-20 0.600 1.670
2010-02-02 0.600 1.919
2009-10-28 0.600 1.902
2009-07-29 0.480 1.846

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Evercore's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Evercore's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Evercore afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Evercore has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EVR Management

 What is the CEO of Evercore's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ralph Schlosstein
COMPENSATION $7,951,012
AGE 67
TENURE AS CEO 10 years
CEO Bio

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 HighView Investment Group. Prior to forming HighView in 2008, Mr. Schlosstein was for almost twenty years the President of BlackRock. Mr. Schlosstein co-founded BlackRock in 1988, was a director since the company went public in 1999. Prior to founding BlackRock in 1988, Mr. Schlosstein was a Managing Director in Investment Banking at Lehman Brothers. While at Lehman, Mr. Schlosstein started the firm's interest rate swap business and led its Mortgage and Savings Institutions Group. From 1977 to 1981, Mr. Schlosstein worked for the Federal government. Initially, he was Deputy to the Assistant Secretary of the Treasury Department. In mid 1977, he became Associate Director of The White House Domestic Policy Staff where he was responsible for advising President Carter on urban policy, economic development and housing issues, as well as the Chrysler loan guarantee program. From 1974 to 1977. Mr. Schlosstein is a Trustee of New Visions for Public Education, a Trustee of the Lincoln Center for the Performing Arts and a member of The Council on Foreign Relations. Previously, Mr. Schlosstein was a Director of Pulte Corporation, the nation's largest homebuilder, a member of the Visiting Board of Overseers of the John F. Kennedy School of Government at Harvard University, a Trustee of Denison University, a Trustee of Trinity School in New York City, a Trustee of the American Museum of Natural History and a Trustee of The Public Theater in New York City. He earned a BA degree in economics, cum laude, from Denison University in 1972, and completed his coursework for a Masters of Public Policy from the Graduate School of Public and International Affairs at the University of Pittsburgh.

CEO Compensation
  • Ralph's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ralph's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Evercore management team in years:

11.9
Average Tenure
61
Average Age
  • The average tenure for the Evercore management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

John Weinberg

TITLE
Executive Chairman
COMPENSATION
$8M
AGE
61

Ralph Schlosstein

TITLE
President
COMPENSATION
$8M
AGE
67
TENURE
10 yrs

Roger Altman

TITLE
Founder & Senior Chairman
COMPENSATION
$9M
AGE
72
TENURE
24.3 yrs

Bob Walsh

TITLE
Executive VP
COMPENSATION
$3M
AGE
61
TENURE
11.9 yrs

Andrew Sibbald

TITLE
Vice Chairman
COMPENSATION
$4M
AGE
51

Paul Pensa

TITLE
Senior MD

Fernando Soriano

TITLE
Senior Managing Director of Investment Banking Business

Christopher Sanger

TITLE
Managing Director

Chris Turek

TITLE
Senior MD

Jamie Easton

TITLE
Head of Investor Relations & MD
Board of Directors Tenure

Average tenure and age of the Evercore board of directors in years:

4.6
Average Tenure
67
Average Age
  • The tenure for the Evercore board of directors is about average.
Board of Directors

John Weinberg

TITLE
Executive Chairman
COMPENSATION
$8M
AGE
61
TENURE
2.5 yrs

Ralph Schlosstein

TITLE
President
COMPENSATION
$8M
AGE
67
TENURE
10 yrs

Roger Altman

TITLE
Founder & Senior Chairman
COMPENSATION
$9M
AGE
72
TENURE
2.5 yrs

Walter Kuna

TITLE
Senior MD of German Advisory Business and Chairman of Evercore Germany

Jeff Maurer

TITLE
Partner & CEO of Evercore Wealth Management and Chairman & CEO of Evercore Trust Company
AGE
71

Gail Harris

TITLE
Lead Director
COMPENSATION
$202K
AGE
65

Robert Millard

TITLE
Director
COMPENSATION
$202K
AGE
67
TENURE
6.8 yrs

Bill Wheeler

TITLE
Director
COMPENSATION
$202K
AGE
56
TENURE
4.3 yrs

Dick Beattie

TITLE
Director
COMPENSATION
$182K
AGE
79
TENURE
9.3 yrs

Mike Overlock

TITLE
Director
COMPENSATION
$182K
AGE
72
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
11. Feb 19 Sell Paul Pensa Individual 08. Feb 19 08. Feb 19 -1,379 $88.82 $-122,485
07. Feb 19 Sell Robert Walsh Individual 04. Feb 19 04. Feb 19 -20,668 $89.38 $-1,846,143
X
Management checks
We assess Evercore's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Evercore has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EVR News

Simply Wall St News

Is Evercore Inc.'s (NYSE:EVR) CEO Pay Justified?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. … How Does Ralph Schlosstein's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Do Analysts Think About The Future Of Evercore Inc.'s (NYSE:EVR)?

Looking at Evercore Inc.'s (NYSE:EVR) earnings update in December 2018,. … analyst consensus outlook appear cautiously subdued, … the higher past 5-year average growth rate of 34%

Simply Wall St -

Why Evercore Inc. (NYSE:EVR) Is A Dividend Rockstar

(NYSE:EVR) a good dividend stock? … Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. … NYSE:EVR Historical Dividend Yield, April 15th 2019

Simply Wall St -

Does Evercore Inc. (NYSE:EVR) Have A Good P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … How Do I Calculate A Price To Earnings Ratio … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

If You Had Bought Evercore (NYSE:EVR) Shares Three Years Ago You'd Have Made 86%

(NYSE:EVR) shareholders have seen the share price rise 86% over three years, well in excess of the market return (39%, not including dividends). … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Evercore was able to grow its EPS at 100% per year over three years, sending the share price higher.

Simply Wall St -

Evercore Inc. (NYSE:EVR): Is It A Good Long Term Opportunity?

In December 2018, Evercore Inc. … (NYSE:EVR) announced its most recent earnings update, whicha … suggested

Simply Wall St -

Should You Think About Buying Evercore Inc. (NYSE:EVR) Now?

(NYSE:EVR), which is in the capital markets business, and is based in United States,. … saw a significant share price rise of over 20% in the past couple of months on the NYSE. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price?

Simply Wall St -

Have Insiders Been Selling Evercore Inc. (NYSE:EVR) Shares This Year?

It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. … However, most countries require that the company discloses such transactions to the market. … In the last twelve months, the biggest single sale by an insider was when President Ralph Schlosstein sold US$18m worth of shares at a price of US$103 per share

Simply Wall St -

How Much is Evercore Inc.'s (NYSE:EVR) CEO Getting Paid?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Ralph Schlosstein's Compensation Compare With Similar Sized Companies. … has a market cap of US$3.1b, and is paying total annual CEO compensation of US$6.8m.

Simply Wall St -

Why Evercore Inc. (NYSE:EVR) Is An Attractive Investment To Consider

(NYSE:EVR) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … In the case of EVR, it

Simply Wall St -

EVR Company Info

Description

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 advisory services on mergers, acquisitions, divestitures, leveraged buyouts, restructurings, shareholder activism and defense, and related corporate finance matters; and services related to securities underwriting, private placement services, and commissions for agency-based equity trading services and equity research. It also provides restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers; and macroeconomic, policy, and fundamental equity research and agency-based equity securities trading for institutional investors. In addition, the company engages in the provision of capital markets advisory services and advisory services focused on secondary transactions for private funds interests; and raising funds for financial sponsors. The Investment Management segment offers investment advisory, wealth management, and fiduciary services for high net-worth individuals and related entities; and institutional asset management services, including financial assets management services for institutional investors. It also holds interests in private equity funds; and provides trust services. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.

Details
Name: Evercore Inc.
EVR
Exchange: NYSE
Founded: 1995
$3,838,654,851
$3,370,234,013
47,490,472
Website: http://www.evercore.com
Address: Evercore Inc.
55 East 52nd Street,
New York,
New York, 10055,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE EVR Class A Common Stock New York Stock Exchange US USD 11. Aug 2006
DB QGJ Class A Common Stock Deutsche Boerse AG DE EUR 11. Aug 2006
BMV EVR * Class A Common Stock Bolsa Mexicana de Valores MX MXN 11. Aug 2006
Number of employees
Current staff
Staff numbers
1,750
Evercore employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:04
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/23
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.