NYSE:EVR

Stock Analysis Report

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

-3.3%

NYSE:EVR

-1.3%

US Capital Markets

-1.9%

US Market


1 Year Return

-30.0%

NYSE:EVR

-7.7%

US Capital Markets

-3.3%

US Market

EVR underperformed the Capital Markets industry which returned -7.4% over the past year.

EVR underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

EVRIndustryMarket
7 Day-3.3%-1.3%-1.9%
30 Day-14.1%-7.2%-6.2%
90 Day-4.8%-0.3%0.3%
1 Year-28.4%-30.0%-5.7%-7.7%-1.1%-3.3%
3 Year58.9%50.4%47.8%39.3%37.9%28.9%
5 Year66.1%49.9%65.7%50.4%50.8%34.1%

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

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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 Based on Earnings

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

Evercore is poor value based on expected growth next year.


Price Based on Value of Assets

Evercore is good value based on assets compared to the US Capital Markets industry average.


Next Steps

Future Growth

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

1.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Evercore's revenue is expected to grow by 3% yearly, however this is not considered high growth (20% yearly).

Evercore's earnings are expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).

Evercore's revenue growth is positive but not above the United States of America market average.

Evercore's earnings growth is positive but not above the United States of America market average.

Evercore's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Evercore is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


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

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 (89.4% vs 38.7%)

Evercore's earnings growth has exceeded the US Capital Markets industry average in the past year (89.4% vs 34.8%).


Return on Equity

Evercore made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).


Return on Assets

Evercore used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.


Return on Capital Employed

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.


Next Steps

Financial Health

How is Evercore's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Evercore's level of debt (20%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (29.5% vs 20% today).

Debt is well covered by operating cash flow (277.6%, 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.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 5x debt.


Next Steps

Dividend

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

3.08%

Expected Dividend Yield


Upcoming Dividend Payment

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


Dividend Yield and Payments Analysis

Evercore's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Evercore's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

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

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).


Next Steps

Management

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

12.2yrs

Average management tenure


CEO

Ralph Schlosstein (68yo)

10.3yrs

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

Ralph's remuneration is higher than average for companies of similar size in United States of America.

Ralph's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

12.2yrs

Average Tenure

62yo

Average Age

The average tenure for the Evercore management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.8yrs

Average Tenure

68yo

Average Age

The tenure for the Evercore board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$122,48511 Feb 19
Paul Pensa
EntityIndividual
Role
Chief Accounting Officer
Senior MD
Shares1,379
Max PriceUS$88.82
SellUS$1,846,14307 Feb 19
Robert Walsh
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares20,668
Max PriceUS$89.38

Ownership Breakdown


Management Team

  • Roger Altman (73yo)

    Founder & Senior Chairman

    • Tenure: 2.8yrs
    • Compensation: US$9.45m
  • Ralph Schlosstein (68yo)

    President

    • Tenure: 10.3yrs
    • Compensation: US$7.95m
  • Andrew Sibbald (52yo)

    Vice Chairman

    • Tenure: 0.0yrs
    • Compensation: US$4.04m
  • Fernando Soriano

    Senior Managing Director of Investment Banking Business

    • Tenure: 0.0yrs
  • John Weinberg (62yo)

    Executive Chairman

    • Tenure: 2.8yrs
    • Compensation: US$7.95m
  • Bob Walsh (62yo)

    Executive VP

    • Tenure: 12.2yrs
    • Compensation: US$3.48m
  • Paul Pensa

    Senior MD

    • Tenure: 0.0yrs
  • Anil Rachwani

    Senior Managing Director of Technology Group

    • Tenure: 0.0yrs
  • Nathan Graf

    Senior Managing Director

    • Tenure: 0.0yrs
  • Christopher Sanger

    Managing Director

    • Tenure: 0.0yrs

Board Members

  • Roger Altman (73yo)

    Founder & Senior Chairman

    • Tenure: 2.8yrs
    • Compensation: US$9.45m
  • Ralph Schlosstein (68yo)

    President

    • Tenure: 10.3yrs
    • Compensation: US$7.95m
  • Mike Overlock (73yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$181.94k
  • Robert Millard (68yo)

    Director

    • Tenure: 7.1yrs
    • Compensation: US$201.94k
  • Dick Beattie (80yo)

    Director

    • Tenure: 9.5yrs
    • Compensation: US$181.94k
  • Jeff Maurer (72yo)

    Partner & CEO of Evercore Wealth Management and Chairman & CEO of Evercore Trust Company

    • Tenure: 0.0yrs
  • Bill Wheeler (57yo)

    Director

    • Tenure: 4.5yrs
    • Compensation: US$201.94k
  • John Weinberg (62yo)

    Executive Chairman

    • Tenure: 2.8yrs
    • Compensation: US$7.95m
  • Gail Harris (66yo)

    Lead Director

    • Tenure: 0.0yrs
    • Compensation: US$201.94k
  • Walter Kuna

    Senior MD of German Advisory Business and Chairman of Evercore Germany

    • Tenure: 0.0yrs

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$3.556b
  • Market Cap: US$3.062b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRNYSE (New York Stock Exchange)YesClass A Common StockUSUSDAug 2006
EVR *BMV (Bolsa Mexicana de Valores)YesClass A Common StockMXMXNAug 2006
QGJDB (Deutsche Boerse AG)YesClass A Common StockDEEURAug 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/26 00:07
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.