Dividend Growth of Evercore Partners Inc(EVR)

Evercore Partners Inc(EVR) is having a Dividend Yield of 1.72% with the Annual cash Dividend per share of $1.27. The last quarter cash dividend per share pay out was $0.34. Evercore Partners Inc has a 5 year average dividend yield of 2.32% and the stock has a Indicated annual dividend of $1.36. Evercore Partners Inc(EVR) formally announced its most recent dividend on February 1, 2017 with a Dividend per share of $0.34. The new indicated annual dividend based on announced dividend per share is $1.36. The dividend yield based on the forward looking indicated annual dividend is 1.72%. Evercore Partners Inc(EVR) has the most recent dividend payout ratio of 0.31 with a 5-year average payout ratio of 0.43. The 5 year historical dividend growth of Evercore Partners Inc(EVR) is at the rate of 11.81% while the R-Squared dividend growth is 0.97. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Evercore Partners Inc (NYSE:EVR) rose 1.39% or 1.1 points on Thursday and made its way into the gainers of the day. After trading began at $79.95 the stock was seen hitting $80.6 as a peak level and $79.35 as the lowest level. The stock ended up at $80.15. The daily volume was measured at 606,450 shares. The 52-week high of the share price is $81.75 and the 52-week low is $40.355. The company has a market cap of $3,119 million. Shares of Evercore Partners Inc. rose by 1.46% in the last five trading days and 9.72% for the last 4 weeks. Evercore Partners Inc. is up 25.2% in the last 3-month period. Year-to-Date the stock performance stands at 16.67%.

Currently the company Insiders own 10.11% of Evercore Partners Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -36.33% . Institutional Investors own 94% of Evercore Partners Inc shares. During last six month period, the net percent change held by insiders has seen a change of -43.56%. Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Andrew Sibbald (CEO EVR Partners International) sold 23,229 shares at 79.53 per share price.On Feb 8, 2017, Ralph Schlosstein (President and CEO) sold 48,374 shares at 80.05 per share price.On Feb 8, 2017, Paul Pensa (Contr., Principal Acct.Officer) sold 1,406 shares at 79.18 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Evercore Partners was Upgraded by BofA/Merrill on Feb 16, 2017 to Buy, Price Target of the shares are set at $95.Evercore Partners was Downgraded by Instinet to Neutral on Feb 13, 2017. Evercore Partners was Initiated by BofA/Merrill to Neutral on Dec 14, 2016. Evercore Partners was Resumed by Credit Suisse to Outperform on Nov 21, 2016.

Evercore Partners Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $1.38. The company had revenue of $445.40 million for the quarter, compared to analysts expectations of $420.85 million. The companys revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 EPS.

EVERCORE PARTNERS is a leading investment banking boutique providing advisory services to prominent multinational corporations on significant mergers, acquisitions, divestitures, restructurings and other strategic corporate transactions. Evercore also has a successful investment management business through which they also manage private equity and venture capital funds for sophisticated institutional investors.


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