Evercore Partners (EVR)
NYSE:EVR
Want to see EVR full AI Analyst Report?
Top Page
Evercore Partners
(NYSE:EVR)
Select Model
Select Model
Rating:79Outperform
Price Target:
$391.00
â–²(7.74% Upside)
Action:Reiterated
Date:05/09/26
Score is driven primarily by strong financial performance (improving margins and excellent free-cash-flow conversion) and a highly positive earnings update (record results and capital returns, albeit with lumpy timing and expense-growth cautions). Valuation is supportive due to a low P/E, while technicals are moderately positive but not strongly extended.
Positive Factors
Cash Generation
Consistently strong operating cash flow and near-par free cash flow conversion (~0.96x) provide durable funding for buybacks, dividends and reinvestment. High FCF relative to earnings improves strategic optionality and resilience across slower deal cycles, supporting long-term franchise stability.
Negative Factors
Revenue Cyclicality
Reliance on timing of large transactions creates structural quarter-to-quarter volatility in revenues and profits. This unpredictability complicates planning, can cause sharp earnings swings, and makes sustained margin and cash-flow visibility difficult across 2–6 month horizons.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Consistently strong operating cash flow and near-par free cash flow conversion (~0.96x) provide durable funding for buybacks, dividends and reinvestment. High FCF relative to earnings improves strategic optionality and resilience across slower deal cycles, supporting long-term franchise stability.
Read all positive factors
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 (EVR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$12.84B
Dividend Yield0.95%
Average Volume (3M)584.40K
Price to Earnings (P/E)9.7
Beta (1Y)1.84
Revenue Growth47.30%
EPS Growth68.64%
CountryUS
Employees2,395
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)19.24
Shares Outstanding38,682,484
10 Day Avg. Volume536,576
30 Day Avg. Volume584,403
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 Cap1.01
Enterprise Value/Revenue2.83
Enterprise Value/Gross Profit2.86
Enterprise Value/Ebitda12.44
Forecast
1Y Price Target
$384.00Price Target Upside5.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)19.19
Revenue Forecast (FY)$4.73B
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 Earnings Call Summary
Earnings Call Date:Apr 29, 2026
(Q1-2026)
| % Change Since: |
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
82
Very Positive
Balance Sheet
68
Positive
Cash Flow
86
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.58B | 3.88B | 3.00B | 2.44B | 2.78B | 3.31B |
| Gross Profit | 4.53B | 3.86B | 2.98B | 2.43B | 2.76B | 3.29B |
| EBITDA | 1.04B | 804.35M | 532.76M | 368.18M | 732.69M | 1.15B |
| Net Income | 746.97M | 591.92M | 378.28M | 255.48M | 476.52M | 740.12M |
Balance Sheet | ||||||
| Total Assets | 4.31B | 5.36B | 4.17B | 3.70B | 3.62B | 3.80B |
| Cash, Cash Equivalents and Short-Term Investments | 1.88B | 1.47B | 939.71M | 651.73M | 786.29M | 719.53M |
| Total Debt | 1.10B | 1.16B | 923.32M | 844.39M | 687.82M | 721.04M |
| Total Liabilities | 2.23B | 3.04B | 2.23B | 1.92B | 1.89B | 2.17B |
| Stockholders Equity | 1.78B | 2.03B | 1.71B | 1.58B | 1.54B | 1.32B |
Cash Flow | ||||||
| Free Cash Flow | 1.52B | 1.18B | 958.05M | 437.91M | 508.19M | 1.36B |
| Operating Cash Flow | 1.58B | 1.26B | 988.15M | 457.95M | 531.38M | 1.38B |
| Investing Cash Flow | -253.56M | -98.33M | -67.43M | 15.62M | 313.30M | -705.89M |
| Financing Cash Flow | -906.21M | -635.62M | -628.55M | -557.23M | -735.57M | -925.32M |
Evercore Partners Technical Analysis
Negative
362.91
Price Trends
317.62
Positive
330.71
Negative
325.12
Negative
Market Momentum
1.32
Positive
44.29
Neutral
31.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVR, the sentiment is Negative. The current price of 362.91 is above the 20-day moving average (MA) of 334.42, above the 50-day MA of 317.62, and above the 200-day MA of 325.12, indicating a neutral trend. The MACD of 1.32 indicates Positive momentum. The RSI at 44.29 is Neutral, neither overbought nor oversold. The STOCH value of 31.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 |
|---|---|---|---|---|---|---|---|
79 Outperform | $12.84B | 9.65 | 41.05% | 0.95% | 47.30% | 68.64% | |
74 Outperform | $11.36B | 7.56 | 15.14% | 1.43% | 9.07% | 45.94% | |
73 Outperform | $5.20B | 27.97 | 42.00% | 3.69% | 19.19% | 26.01% | |
71 Outperform | $5.63B | 19.90 | 21.56% | 1.63% | 30.99% | 32.50% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $10.60B | 22.45 | 18.79% | 1.33% | 9.48% | 5.23% | |
53 Neutral | $10.60B | 13.64 | 7.08% | 2.52% | 1.91% | 2.34% |
* Financial Sector Average
EVR
Evercore Partners
323.26
101.73
45.92%
JEF
Jefferies
51.06
4.12
8.79%
PIPR
Piper Sandler
77.62
16.15
26.27%
SF
Stifel Financial
72.61
10.69
17.26%
MC
Moelis
62.25
7.69
14.09%
HLI
Houlihan Lokey
146.81
-23.70
-13.90%
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.