Evercore (EVR)
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
$297.92+0.34%
Close 2026-09-04 · 1-day change
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
Broken: Primary pillar broken — Revenue grows at least 11% YoY: Rev est -5.2% (30d) vs 11% target.
Evercore is growing earnings with EPS guidance rising to about $14.50 in 2026. Operating income improved from $213 million in 2024-Q4 to $331 million in 2026-Q1. The company maintains steady dividends at $0.84 per share. Expansion in advisory reach and buybacks support capital returns.
Revenue growth and EPS guidance were recently cut, signaling near-term challenges. Analyst EPS estimates for the current quarter have fallen by 7% in 30 days. The stock is expensive relative to free cash flow yield and faces elevated risk in a stormy market.
The price is about 5% above our fair value near $336 and 11% below the Street median target. Analysts expect about 11% revenue growth, which is justified by current estimates. Our view is slightly more cautious than the Street's optimistic range.
Breaks if: Dividend per share falls below $0.84
Sustain and increase quarterly dividend payments to shareholders as part of capital return strategy.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable business with a focus on revenue growth and profitability. The current thesis state is characterized by strong recent financial performance, but elevated risk factors could impact future results.
The market currently prices EVR at a premium compared to its peers, indicating an expectation for continued strong performance. However, the valuation appears expensive, and there is a gap in expectations that could lead to volatility.
Management is focused on increasing revenue and enhancing operating income, which has shown strong results recently. However, there is a near-term risk of earnings misses, especially as industry peers have been struggling.
The future performance of EVR hinges on the guidance provided in upcoming earnings calls and the performance of sector bellwethers like MS, GS, and SCHW. Positive or negative trends in these companies could significantly impact EVR's trajectory.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The company faces a revenue growth increase, which supports the thesis. However, the latest earnings miss poses a threat to the outlook.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated as a priority in 3 of last 3 quarters. Dividend per share increased from $0.84 in 2025-Q4 to $0.89 in 2026-Q1 and was maintained in 2026-Q2. Management has consistently returned capital to shareholders through dividends, delivering on this commitment.
“Quarterly dividend of $0.89 per share declared.”
“Increased quarterly dividend 6% to $0.89 per share.”
“Quarterly dividend of $0.84 per share declared.”
Breaks if: EPS falls below $14.05 in FY26
Breaks if: Operating income falls below $213 million
Improve operating income and margins through efficient cost management and revenue growth.
Stated as a priority in 3 of last 3 quarters. Operating income increased from $312.2M in 2025-Q4 to $330.7M in 2026-Q1, then was $146.6M in 2026-Q2. Operating margins improved compared to prior year periods, indicating progress in enhancing profitability alongside revenue growth.
“Second quarter operating income was $146.6 million with operating margin of 14.8%.”
“First quarter operating income was $330.7 million with margin of 23.8%.”
“Fourth quarter operating income was $312.2 million with margin of 24.2%.”
Breaks if: Revenue growth falls below 11% YoY
In the next 1 to 3 years, EVR's performance will depend on its ability to navigate industry challenges while maintaining its growth focus. Not investment advice.