Advertisement
Skip to Content
Morningstar

Evercore Inc Class A EVR Stock Quote

Morningstar Rating
| Rating as of

NYSE: EVR

Last close prices updated as of Feb 08, 2023, 3:40 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 133.12
  • Sector Financial Services
  • Industry Capital Markets
  • Investment Style Small Blend
  • Day Range 130.24  –  133.62
  • Year Range 78.67  –  135.57
  • Market Cap 5.1111 Bil
  • Volume / Avg 525,975.0 /  415,198.7
  • Price / Sales 1.98
  • Price / Book 3.66
  • Forward Div Yield 2.16%
  • Trailing Div Yield 2.71%

Morningstar‘s Stock Analysis EVR

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Next Several Quarters Likely To Be Subdued for Evercore; Shares Moderately Undervalued

Michael Wong Sector Director

Analyst Note

| Michael Wong |

Evercore had a fairly good fourth quarter, but revenue and earnings will likely go back to being subdued for the next several quarters. The company reported net income to common shareholders of $140 million, or $3.44 per diluted share, on $831 million of net revenue for the fourth quarter. Net revenue grew 44% from the previous quarter, as the fourth quarter has positive seasonality, but it was down 25% from the previous year’s record quarter. For the full year, net revenue declined 16% to $2.76 billion and net income declined 36% to $477 million. We don’t anticipate making a material change to our $158 fair value estimate for narrow-moat Evercore and assess shares are moderately undervalued.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics EVR

More

Company Profile EVR

Business Description

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 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 1,950 employees at the end of 2021, and about 75% of its revenue is derived from the United States.

Contact
55 East 52nd Street
New York, NY, 10055
Sector Financial Services
Industry Capital Markets
Employees 2,160

Related Articles EVR

Market Update

6 Undervalued Stocks That Crushed Earnings

Citigroup, Stellantis, and GSK are among those left undervalued even after earnings rallies on solid results.
Jakir Hossain
Market Update

Cheap Stocks With Q1's Largest Fair Value Upgrades

Undervalued stocks in the financial, automobile, and semiconductor industries recently had major valuation increases.
Jakir Hossain
Market Update

15 Undervalued Stocks That Crushed Earnings

Intel, Fanuc, and Incyte are among cheap stocks despite strong Q4 results.
Jakir Hossain
Market Update

Will the SPAC Boom Benefit Investment Banks?

Two names are well-positioned to capitalize on potential SPAC opportunities.
Michael Wong
Stock Strategist Industry Reports

Tax Reform Could Be Boon for Financials, but Impact Is Uneven

Some financial sector firms could see valuations rise by over a third, while others would see minimal impact.
Brett Horn
Quarter-End Insights

Our Outlook for Financial-Services Stocks

The financial sector is fully valued despite global uncertainties.
Jim Sinegal
Stock Strategist Industry Reports

Three Moaty Stocks Leveraged to M&A

A stabilized economic environment and resulting increase in mergers and acquisitions should lead to significant earnings momentum for these three firms.
Michael Wong
Stock Strategist Industry Reports

Pick-and-Shovel Plays for Rising Mergers and Acquisitions

Investment banks are a good way to play the new M&A cycle.
Michael Wong

Related News EVR

More

FAQs for Evercore Inc Class A Stock

Yes. EVR has a forward dividend yield of 2.16%. See EVR’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

EVR’s market cap is 5.11 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

EVR’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

EVR’s price/sales is 1.98.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

EVR’s price/forward earnings is 11.99.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

EVR’s price/book is 3.66.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See EVR’s valuation ratios compared to the Market Index.

EVR’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare EVR’s historical performance against its industry peers and the overall market.