275.51 USD
-9.86
3.46%
At close Feb 7, 4:00 PM EST
After hours
275.51
+0.00
0.00%
1 day
-3.46%
5 days
-2.48%
1 month
0.27%
3 months
-10.09%
6 months
23.11%
Year to date
-0.23%
1 year
59.95%
5 years
243.14%
10 years
442.34%
 

About: Evercore is an independent investment bank that derives the majority of its revenue from financial advisory, including merger, acquisition, and restructuring advisory. It also has institutional equities trading, equity underwriting, and investment management businesses that account for around 20% of net revenue. The company was founded in 1996 and went public in 2006. Evercore had approximately 2,200 employees at the end of 2023, and about 75% of its revenue is derived from the United States.

Employees: 2,395

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

92% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 49

13% more capital invested

Capital invested by funds: $7.49B [Q2] → $8.5B (+$1.01B) [Q3]

9% more funds holding

Funds holding: 468 [Q2] → 508 (+40) [Q3]

0% less call options, than puts

Call options by funds: $17.9M | Put options by funds: $17.9M

6% less repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 170

5.43% less ownership

Funds ownership: 93.28% [Q2] → 87.85% (-5.43%) [Q3]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 3 (-2) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$305
11%
upside
Avg. target
$322
17%
upside
High target
$339
23%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Keefe, Bruyette & Woods
Aidan Hall
82% 1-year accuracy
14 / 17 met price target
23%upside
$339
Outperform
Reiterated
6 Feb 2025
Wells Fargo
Michael Brown
74% 1-year accuracy
32 / 43 met price target
11%upside
$305
Equal-Weight
Maintained
14 Jan 2025

Financial journalist opinion

Based on 7 articles about EVR published over the past 30 days

Positive
Zacks Investment Research
1 day ago
Evercore Q4 Earnings & Revenues Beat Estimates, AUM Balance Rises
EVR's fourth-quarter results benefit from an increase in revenues from the Investment Management, and Investment Banking and Equities segments.
Evercore Q4 Earnings & Revenues Beat Estimates, AUM Balance Rises
Neutral
Seeking Alpha
2 days ago
Evercore Inc. (EVR) Q4 2024 Earnings Call Transcript
Evercore Inc. (NYSE:EVR ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Katy Haber - Managing Director, Investor Relations & ESG John Weinberg - Chairman & Chief Executive Officer Tim LaLonde - Chief Financial Officer Conference Call Participants Mike Brown - Wells Fargo Brennan Hawken - UBS Devin Ryan - Citizens JMP James Yaro - Goldman Sachs Brendan O'Brien - Wolfe Research Aidan Hall - KBW Ryan Kenny - Morgan Stanley Operator Good morning, and welcome to the Evercore Fourth Quarter 2024 and Full-Year Earnings Conference Call. Today's call is scheduled to last about 1 hour, including remarks by Evercore management and the question-and-answer session.
Evercore Inc. (EVR) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 days ago
Compared to Estimates, Evercore (EVR) Q4 Earnings: A Look at Key Metrics
The headline numbers for Evercore (EVR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Evercore (EVR) Q4 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
2 days ago
Evercore (EVR) Q4 Earnings and Revenues Surpass Estimates
Evercore (EVR) came out with quarterly earnings of $3.41 per share, beating the Zacks Consensus Estimate of $2.90 per share. This compares to earnings of $2.02 per share a year ago.
Evercore (EVR) Q4 Earnings and Revenues Surpass Estimates
Neutral
Business Wire
2 days ago
Evercore Reports Fourth Quarter and Full Year 2024 Results; Quarterly Dividend of $0.80 Per Share
NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR): Fourth Quarter Results   Full Year Results   U.S. GAAP   Adjusted   U.S. GAAP   Adjusted   Q4 2024 Q4 2023   Q4 2024 Q4 2023     2024     2023       2024     2023   Net Revenues ($ mm) $ 975.3   $ 784.2     $ 980.5   $ 790.3     $ 2,979.6   $ 2,425.9     $ 3,002.6   $ 2,449.3   Operating Income ($ mm) $ 212.6   $ 117.7     $ 217.7   $ 123.9     $ 526.9   $ 359.1     $ 557.3   $ 385.4   Net Income Attributable to Evercore Inc. ($ mm) $ 140.4  .
Evercore Reports Fourth Quarter and Full Year 2024 Results; Quarterly Dividend of $0.80 Per Share
Neutral
Zacks Investment Research
2 weeks ago
Evercore (EVR) Earnings Expected to Grow: Should You Buy?
Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Evercore (EVR) Earnings Expected to Grow: Should You Buy?
Neutral
Business Wire
2 weeks ago
Evercore to Announce Fourth Quarter and Full Year 2024 Financial Results and Host Conference Call on February 5, 2025
NEW YORK--(BUSINESS WIRE)--Evercore to Announce Fourth Quarter and Full Year 2024 Financial Results and Host Conference Call on February 5, 2025.
Evercore to Announce Fourth Quarter and Full Year 2024 Financial Results and Host Conference Call on February 5, 2025
Positive
Seeking Alpha
1 month ago
Trump Win Meaningful For Large Ticket Deals, We Like Evercore Over Moelis
Trump's victory should be considered when looking at companies with exposure to large ticket transactions like EVR, since a laxer FTC will have a positive bearing on those markets. We do want to point out that we are still wary about speculating on a sponsor return to the markets. However, we think that EVR is in an overall position to benefit, and we like their value relative to some peers which, we believe, have similar expected earnings from sponsors.
Trump Win Meaningful For Large Ticket Deals, We Like Evercore Over Moelis
Neutral
Business Wire
1 month ago
Evercore ISI to Host 11th Annual Utility CEO Conference, Jan. 8-10, 2025
NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) will host its 11th annual Utility CEO Conference in Scottsdale, Arizona, Jan. 8-10, 2025. The power & utilities sector is rapidly establishing itself as a central force in the AI landscape, with the availability of power and supporting infrastructure becoming essential for the development of new data centers. Evercore's annual Utility CEO Retreat One-on-One Conference brings together 33 leading companies driving the AI revolution across the Un.
Evercore ISI to Host 11th Annual Utility CEO Conference, Jan. 8-10, 2025
Positive
Zacks Investment Research
1 month ago
Evercore Thrives on Improving M&A Trend Amid Escalating Costs
EVR's rising IB business revenues and strong balance sheet position look encouraging. Yet, rising costs are concerning.
Evercore Thrives on Improving M&A Trend Amid Escalating Costs
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