Evercore, Inc. Stock Quote and Company Information

Nasdaq: EVR

Latest News

• Evercore reports higher earnings despite market volatility
• Evercore's investment banking revenue jumps 30%
• Evercore acquires investment advisory firm

Evercore Inc. (NYSE: EVR) is a leading independent investment banking advisory company providing financial and strategic advice, underwriting services, and private capital solutions to a diverse client base that includes corporations, financial institutions, governments, and individuals. The company has a global presence with offices in major financial centers around the world, and its headquarters are located in New York City.

Evercore's stock price has been on a steady upward trend in recent years, driven by the company's strong financial performance and positive analyst outlook. in 2023, the company reported revenue of $3.2 billion and net income of $446 million, both of which were up significantly from the previous year.

The company's investment banking business is its primary revenue driver, and it has been performing well due to increased M&A activity and capital markets transactions. The company's advisory business has also been strong, with increased demand for financial and strategic advice from corporations and financial institutions.

Key Financials

• Revenue: $3.2 billion
• Net income: $446 million
• Earnings per share: $3.10
• Market capitalization: $10.2 billion

Analysts' Outlook

Analysts are generally positive on Evercore's stock, with many rating the company as a "buy" or "hold." The company's strong financial performance, global presence, and experienced management team are all viewed as positive factors. Some analysts expect the company's stock price to continue to rise in the coming years.

Conclusion

Evercore Inc. is a leading investment banking advisory company with a strong track record of financial performance and a positive outlook. The company's stock price has been on a steady upward trend in recent years, and analysts expect it to continue to rise in the future. Investors who are looking for a long-term investment in the financial sector may want to consider Evercore Inc.