Evercore raises dividend by 5% to $0.80
Seeking Alpha News (Wed, 24-Apr 6:58 AM ET)
Evercore Non-GAAP EPS of $2.13 in-line, revenue of $587.3M misses by $51.06M
Seeking Alpha News (Wed, 24-Apr 6:48 AM ET)
Evercore Reports First Quarter 2024 Results; Increases Quarterly Dividend to $0.80 Per Share
Business Wire (Wed, 24-Apr 6:45 AM ET)
Evercore Q1 2024 Earnings Preview
Seeking Alpha News (Tue, 23-Apr 12:24 PM ET)
Notable earnings before Wednesday's open
Seeking Alpha News (Tue, 23-Apr 10:25 AM ET)
Evercore to Announce First Quarter 2024 Financial Results and Host Conference Call on April 24, 2024
Business Wire (Wed, 10-Apr 8:00 AM ET)
Mark Lipacis Joins Evercore ISI as Senior Managing Director
Business Wire (Wed, 3-Apr 8:00 AM ET)
Marcelo Pizzimbono Joins Evercore ISI as Head of Sales
Business Wire (Mon, 12-Feb 8:00 AM ET)
Evercore Reports Fourth Quarter and Full Year 2023 Results; Quarterly Dividend of $0.76 Per Share
Business Wire (Wed, 31-Jan 6:45 AM ET)
Sarah Bianchi Joins Evercore ISI as Senior Managing Director
Business Wire (Tue, 30-Jan 8:00 AM ET)
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.
Evercore Class A trades on the NYSE stock market under the symbol EVR.
As of April 24, 2024, EVR stock price declined to $186.59 with 1,306,831 million shares trading.
EVR has a beta of 1.40, meaning it tends to be more sensitive to market movements. EVR has a correlation of 0.37 to the broad based SPY ETF.
EVR has a market cap of $7.22 billion. This is considered a Mid Cap stock.
Last quarter Evercore Class A reported $790 million in Revenue and $2.02 earnings per share. This beat revenue expectation by $74 million and exceeded earnings estimates by $.35.
In the last 3 years, EVR stock traded as high as $198.99 and as low as $78.67.
The top ETF exchange traded funds that EVR belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
EVR has outperformed the market in the last year with a return of +52.1%, while the SPY ETF gained +24.2%. In the last 3 month period, EVR beat the market returning +6.8%, while SPY returned +4.6%. However, in the most recent 2 weeks EVR has underperformed the stock market by returning -3.7%, while SPY returned -2.7%.
EVR support price is $192.81 and resistance is $199.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EVR stock will trade within this expected range on the day.