Evercore
Advises on complex transactions and delivers underwriting, research, sales and trading.
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Profile
Provides strategic advisory, underwriting and institutional equities services globally, with a smaller wealth and investment-management business. Investment Banking & Equities generates nearly all operating revenue, while the partnership structure and senior-talent model make professional staff and client activity central to results.
Provides strategic advisory, underwriting, equity research, sales and agency trading through Investment Banking & Equities, while Investment Management offers wealth and related investment services. The platform serves clients globally, with roots in the United States and expanded advisory coverage in Latin America, Europe and the UK.
Senior-level, conflict-light advice is the operating proposition, supported by professional talent, intellectual capital and client service. Acquisitions have added local advisory franchises and the institutional-equities platform, broadening both geographic reach and execution capabilities.
Investment Banking & Equities generates nearly all operating revenue, leaving results closely tied to advisory, underwriting and equities activity. The public company retains a partnership structure, and professional staff remain central to delivery.
Company facts
Categories
Key statistics
Year to date −17.4% · Average volume (30d) 530.6K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 10, 2026 | Evercore ISI | Initiate | Outperform | ||
| Aug 3, 2026 | BMO Capital | Reiterate | Market Perform | $338 | |
| Jul 30, 2026 | Morgan Stanley | Reiterate | Equal Weight | $389 | $363 |
| Jul 30, 2026 | Evercore ISI | Target | $930 | $820 | |
| Jul 29, 2026 | Goldman Sachs | Target | $374 | $376 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $3.03 | $2.91 | −4.0% | $985.0M | $998.5M | +1.4% | −10.51% |
| Apr 29, 2026Q1 FY26 | $5.57 | $7.53 | +35.2% | $1.17B | $1.40B | +19.4% | −0.88% |
| Feb 4, 2026Q4 FY25 | $3.83 | $5.13 | +33.9% | $1.12B | $1.30B | +15.8% | −1.46% |
| Oct 29, 2025Q3 FY25 | $3.25 | $3.48 | +7.1% | $950.9M | $1.05B | +10.0% | −0.28% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $699.0M | $838.0M | $1.05B | $1.30B | $1.40B | $998.5M | |
| Gross profit | $694.8M | $833.8M | $1.04B | $1.29B | $1.37B | $970.3M | |
| Operating income | $112.1M | $151.2M | $217.3M | $313.3M | $341.4M | $176.2M | |
| Net income | $146.2M | $97.2M | $144.6M | $204.0M | $301.2M | $95.3M | |
| Diluted EPS | $3.48 | $2.36 | $3.42 | $4.76 | $7.20 | $2.32 | |
| Gross margin | 99.4% | 99.5% | 99.3% | 99.3% | 98.0% | 97.2% | |
| Operating margin | 16.0% | 18.0% | 20.8% | 24.2% | 24.4% | 17.6% |
Fiscal years (4-quarter sums)FY21 $3.31B · FY22 $2.78B · FY23 $2.44B · FY24 $3.00B · FY25 $3.88B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $2.40B · Total debt $1.09B · Total assets $4.70B · Shareholders' equity $1.86B
Dividends
Raised for 18 straight years — most recently to $0.89 from $0.84 in May 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 28, 2026 | Aug 28 | Sep 11 | $0.89 | |
| May 29, 2026 | May 29 | Jun 12 | $0.89 | raised from $0.84 |
| Feb 27, 2026 | Feb 27 | Mar 13 | $0.84 | |
| Nov 28, 2025 | Nov 28 | Dec 12 | $0.84 | |
| Aug 29, 2025 | Aug 29 | Sep 12 | $0.84 | |
| May 30, 2025 | May 30 | Jun 13 | $0.84 | raised from $0.80 |
| Feb 28, 2025 | Feb 28 | Mar 14 | $0.80 | |
| Nov 29, 2024 | Nov 29 | Dec 13 | $0.80 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 38.68M · Float 36.64M · 94.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.72M | 9.61% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management | 1.96M | 5.06% | 13G | Jul 31, 2026 |
| AQR Capital Management LLC | 1.71M | 4.42% | 13F | Aug 14, 2026 |
| Vanguard Capital Management LLC | 1.68M | 4.34% | 13F | Aug 13, 2026 |
| Invesco Ltd. | 1.60M | 4.14% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 11, 2026 | Timothy Gilbert LaLonde | officer: Chief Financial Officer | −7,808 | $343.06 |
| Feb 5, 2026 | Paul Pensa | officer: Contr, Prin. Acct.Officer | −1,450 | $350.31 |
| Feb 6, 2026 | Jason Klurfeld | officer: General Counsel | −5,000 | $360.00 |
| Dec 9, 2025 | Pamela G. Carlton | director | −192 | $343.11 |
Peers
- Goldman Sachs
Global rival across advisory, underwriting, and institutional equities
- Lazard
Independent rival spanning M&A, restructuring, and private capital
- Houlihan Lokey
Independent rival in M&A, capital solutions, and restructuring
- PJT Partners
Advisory-focused rival in strategy, restructuring, and private funds
- Moelis & Company
Independent advisory rival across M&A and capital-structure mandates
- Jefferies Financial Group
Full-service rival across advisory, underwriting, and equities
- Perella Weinberg Partners
Focused independent rival in strategic and financial advisory
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Evercore | $293.00 | +1.00% | $11.22B | 16.4 | 15.1 | 2.4 | +19.2% |
| Goldman Sachs | $1,033.62 | +0.05% | $305.03B | 16.0 | 14.8 | 2.6 | +39.5% |
| Lazard | $43.64 | −0.07% | $4.25B | 21.0 | 13.7 | 1.3 | −2.7% |
| Houlihan Lokey | $133.02 | 0.00% | $9.30B | 22.4 | 17.5 | 3.7 | −15.6% |
| PJT Partners | $182.80 | −0.05% | $4.67B | 30.7 | 21.8 | 2.5 | +19.5% |
| Moelis & Company | $68.40 | +0.02% | $5.07B | 23.8 | 19.5 | 3.2 | +12.1% |
| Jefferies Financial Group | $53.09 | 0.00% | $10.80B | 14.8 | 13.3 | 0.9 | −11.5% |
| Perella Weinberg Partners | $16.98 | 0.00% | $1.67B | 56.5 | 13.4 | 2.4 | +0.8% |
| Median | 22.4 | 14.8 | 2.5 | +0.8% |