Evercore Partners Inc (EVR)
NYSE:EVR
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Evercore Partners
(NYSE:EVR)
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Rating:76Outperform
Price Target:
$385.00
â–²(6.09% Upside)
Action:ReiteratedDate:04/29/26
EVR scores well primarily on strengthening financial performance (revenue/profit recovery and strong free cash flow) and a very strong latest quarter with substantial margin/EPS upside, partially offset by management’s caution about quarter-to-quarter lumpiness and a valuation that looks only average for a cyclical capital-markets business. Technicals are supportive, reinforcing the overall positive profile.
Positive Factors
Cash generation
Consistent high free cash flow (~$1.18B; ~94% of net income) provides durable internal funding for buybacks, dividends, and investments. Strong cash conversion enhances financial flexibility, supports capital returns and buffers cycles, reducing reliance on external financing over months.
Negative Factors
Transaction timing lumpiness
Heavy reliance on large transactions creates structural quarter-to-quarter volatility; management cautioned Q2 may revert to prior-year levels. Such timing risk makes revenue and EPS less predictable, complicating forecasting, compensation planning, and reliable capital-return cadence.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Consistent high free cash flow (~$1.18B; ~94% of net income) provides durable internal funding for buybacks, dividends, and investments. Strong cash conversion enhances financial flexibility, supports capital returns and buffers cycles, reducing reliance on external financing over months.
Read all positive factors
Evercore Partners (EVR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$13.77B
Dividend Yield0.95%
Average Volume (3M)633.05K
Price to Earnings (P/E)25.5
Beta (1Y)1.81
Revenue Growth29.49%
EPS Growth54.99%
CountryUS
Employees2,395
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)7.53
Shares Outstanding39,605,450
10 Day Avg. Volume516,154
30 Day Avg. Volume633,052
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)7.43
Price to Sales (P/S)3.89
P/FCF Ratio12.77
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue3.23
Enterprise Value/Gross Profit3.25
Enterprise Value/Ebitda15.56
Forecast
1Y Price Target
$359.00Price Target Upside-1.08% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)18.17
Revenue Forecast (FY)$4.66B
Evercore Partners Business Overview & Revenue Model
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. It operates through two segments, Investment Banking and Investment Manage...
How the Company Makes Money
Evercore primarily generates revenue from fee-based advisory and underwriting-related activities, with most earnings historically tied to its Investment Banking & Advisory operations. (1) Advisory fees: The largest driver is transaction-based advi...
Evercore Partners Key Performance Indicators (KPIs)
Any
Operating Income By Segment
Shows profit generated by each business unit, highlighting areas of operational efficiency and strategic success.
Shows profit generated by each business unit, highlighting areas of operational efficiency and strategic success.
Data provided by:
The Fly
The FlyEvercore Partners Earnings Call Summary
Earnings Call Date:Apr 29, 2026
(Q1-2026)
| Next Earnings Date:Jul 29, 2026
Earnings Call Sentiment Positive
The call conveyed a strongly positive quarter with record revenues, significant YoY profit and EPS growth, improved margins, broad-based record performance across multiple businesses, and robust capital return activity. Management tempered enthusiasm with cautions about quarter-to-quarter lumpiness, continued investment-driven non-comp expense growth, modest near-term limits on further compensation ratio improvement, hedge losses from modest market declines, and slower middle-market sponsor activity. On balance, the achievements and material financial upside highlighted in the quarter substantially outweigh the outlined challenges.Positive Updates
Record Quarterly Revenues
Adjusted firm-wide net revenues of $1.4 billion, a new quarterly record, up 100% year-over-year and up 8% sequentially (Q4 2025 to Q1 2026).
Negative Updates
Transaction Timing Lumpiness and Uncertainty
Management warned results are lumpy due to timing of large deal closings; expects Q2 2026 to more closely resemble Q2 2025, and cautioned against extrapolating a single quarter's strength.
Read all updates
Q1-2026 Updates
Positive
Negative
Record Quarterly Revenues
Adjusted firm-wide net revenues of $1.4 billion, a new quarterly record, up 100% year-over-year and up 8% sequentially (Q4 2025 to Q1 2026).
Read all positive updates
Company Guidance
Evercore guided to continued strength but warned of quarter-to-quarter lumpiness: Q1 set a high bar with adjusted net revenues of ~$1.4B (up 100% YoY, +8% QoQ), adjusted operating income $354M (+205% YoY), adjusted EPS $7.53 (+116% YoY) and an adjusted operating margin of 25.3% (vs 16.6% a year ago, +~870bps); advisory fees were ~$1.2B (+123% YoY), underwriting $55M, commissions $63M (+14% YoY), asset management fees ~$24M (+8% YoY) and other revenue ~$15M. Management said they expect Q2 to be closer to 2Q’25 levels (and the first half to reflect continued strong performance), that compensation-ratio improvement this year will be meaningfully more modest than the prior two years (current adjusted compensation ratio 64%, down ~170bps YoY), and that non‑comp expenses (Q1 $150M, +21% YoY; non‑comp ratio 10.7%) are likely to grow in 2026 at a rate similar to recent years to support investments. They expect the adjusted tax rate to normalize after Q1’s 3% (vs -39.7% a year ago), remain committed to returning capital (Q1 repurchases and dividends totaled $673M; dividend $0.89/share, +6%; repurchased 1.9M shares at a blended ~$322), and finished Q1 with nearly $2B of cash and investment securities and ~44.4M adjusted diluted shares.Evercore Partners Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
82
Very Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.88B | 3.00B | 2.44B | 2.78B | 3.31B |
| Gross Profit | 3.86B | 2.98B | 2.43B | 2.76B | 3.29B |
| EBITDA | 804.35M | 532.76M | 368.18M | 732.69M | 1.15B |
| Net Income | 591.92M | 378.28M | 255.48M | 476.52M | 740.12M |
Balance Sheet | |||||
| Total Assets | 5.36B | 4.17B | 3.70B | 3.62B | 3.80B |
| Cash, Cash Equivalents and Short-Term Investments | 1.47B | 939.71M | 651.73M | 786.29M | 719.53M |
| Total Debt | 1.16B | 923.32M | 844.39M | 687.82M | 721.04M |
| Total Liabilities | 3.04B | 2.23B | 1.92B | 1.89B | 2.17B |
| Stockholders Equity | 2.03B | 1.71B | 1.58B | 1.54B | 1.32B |
Cash Flow | |||||
| Free Cash Flow | 1.18B | 958.05M | 437.91M | 508.19M | 1.36B |
| Operating Cash Flow | 1.26B | 988.15M | 457.95M | 531.38M | 1.38B |
| Investing Cash Flow | -98.33M | -67.43M | 15.62M | 313.30M | -705.89M |
| Financing Cash Flow | -635.62M | -628.55M | -557.23M | -735.57M | -925.32M |
Evercore Partners Technical Analysis
Positive
362.91
Price Trends
311.57
Positive
329.23
Positive
320.35
Positive
Market Momentum
16.14
Negative
78.44
Negative
89.72
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVR, the sentiment is Positive. The current price of 362.91 is above the 20-day moving average (MA) of 313.46, above the 50-day MA of 311.57, and above the 200-day MA of 320.35, indicating a bullish trend. The MACD of 16.14 indicates Negative momentum. The RSI at 78.44 is Negative, neither overbought nor oversold. The STOCH value of 89.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EVR.
Evercore Partners Risk Analysis
Evercore Partners disclosed 39 risk factors in its most recent earnings report. Evercore Partners reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Evercore Partners Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $5.61B | 22.13 | 44.30% | 3.69% | 26.98% | 64.80% | |
76 Outperform | $13.77B | 25.51 | 33.81% | 0.95% | 29.49% | 54.99% | |
75 Outperform | $11.96B | 7.56 | 15.43% | 1.43% | 9.07% | 45.94% | |
74 Outperform | $6.27B | 20.12 | 22.08% | 1.63% | 24.64% | 47.71% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $11.15B | 24.90 | 20.14% | 1.33% | 17.97% | 22.58% | |
53 Neutral | $9.79B | 13.64 | 7.08% | 2.52% | 1.91% | 2.34% |
* Financial Sector Average
EVR
Evercore Partners
340.51
137.55
67.77%
JEF
Jefferies
48.14
2.75
6.05%
PIPR
Piper Sandler
87.90
29.15
49.62%
SF
Stifel Financial
78.14
21.99
39.17%
MC
Moelis
69.69
18.29
35.59%
HLI
Houlihan Lokey
159.51
-0.39
-0.24%
Evercore Partners Corporate Events
Business Operations and StrategyExecutive/Board Changes
Evercore Adds Antitrust Expert Christine Varney to Board
Positive
Feb 4, 2026
On February 3, 2026, Evercore Inc.’s board of directors appointed veteran antitrust lawyer Christine Varney as a director, effective March 1, 2026, for a term running until the company’s 2026 annual meeting of stockholders, and concurr...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.