Evercore Stock Price, News & Analysis

Evercore (NYSE: EVR) has announced its upcoming 5th annual Consumer & Retail Conference, scheduled for June 10-11, 2025, in New York City. The invite-only event will feature executives and industry experts from over 40 leading companies who will discuss multichannel transformation and the impacts of changing geopolitical dynamics.

The conference will include presentations from CEOs, CFOs, and senior strategy officers across various sectors including beverages, household & personal care, food, restaurants, specialty retail/apparel/luxury, retailing broadlines & hardlines, and grocery. Institutional investors interested in attending can contact their Evercore ISI salesperson for more information.

Evercore reported strong Q1 2025 financial results with net revenues reaching $694.8 million on a GAAP basis, a 20% increase from Q1 2024. The company's operating income grew 32% to $111.2 million, while diluted earnings per share rose to $3.48 from $2.09 year-over-year.

Key highlights include advising on major deals like Calpine's $29.1 billion sale to Constellation Energy and increasing its quarterly dividend by 5% to $0.84 per share. The firm returned $454.3 million to shareholders through dividends and share repurchases.

The company's Private Capital Advisory achieved its best first quarter on record, while the Equities business posted its strongest Q1 since 2020. Evercore strengthened its team by adding two Senior Managing Directors in Q1, with four more set to join later in 2025.

Evercore (NYSE: EVR) has announced that William J. Burns will join as Senior Advisor for global affairs in June, based in Washington, D.C. Burns brings extensive diplomatic experience, having served six presidents and most recently as Director of the Central Intelligence Agency in President Biden's Cabinet.

Burns' distinguished career includes serving as U.S. Deputy Secretary of State, Ambassador to Russia and Jordan during his 35-year diplomatic career. From 2015 to 2021, he was President of the Carnegie Endowment for International Peace and authored 'The Back Channel: A Memoir of American Diplomacy.'

Evercore's leadership emphasized the critical intersection of geopolitics and finance, particularly given current global tensions over trade, China, Ukraine, and the Middle East. The firm expects Burns' expertise to provide valuable insights for navigating complex international challenges.

Evercore (NYSE: EVR) has announced it will release its first quarter 2025 financial results on Wednesday, April 30, 2025, at 6:45 a.m. Eastern Time. The company will host a conference call at 8:00 a.m. ET the same day, featuring Chairman and CEO John S. Weinberg and CFO Tim LaLonde, who will review the quarter's financial performance.

Investors and analysts can participate by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) with passcode EVRQ125. A live audio webcast will be available on Evercore's investor relations website and archived for 30 days.

Evercore is a premier global independent investment banking advisory firm, specializing in strategic and financial advice on mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. The firm also provides public and private capital raising services, equity research, and wealth management services.

Evercore Wealth Management (NYSE: EVR) has announced the promotion of three professionals to partner positions. Paulo Coelho and Neza Gallitano serve as wealth & fiduciary advisors, while Alex Lyden holds the position of chief fiduciary officer at Evercore Trust Company.

Coelho, who joined in 2012, specializes in strategic wealth planning for families and foundations. Gallitano, a 2023 hire, brings expertise in comprehensive wealth planning with CFP® and CDFA® certifications. Lyden, who joined in 2021, serves as director of Delaware Trust Services and chairs both the Personal Trust Advisory Committee and Fiduciary Oversight Group.

The firm manages $13.8 billion in client assets as of December 31, 2024, providing strategic wealth planning, investment management, and trust services to high-net-worth families, foundations, and endowments across the United States through its wealth management subsidiary and Wilmington-based trust company.

Evercore (NYSE: EVR) has announced the appointment of Joe Modisett as Senior Managing Director in their Healthcare Investment Banking group, based in New York. Modisett brings over 25 years of healthcare investment banking experience, most recently serving as managing director and global head of healthcare investment banking at Morgan Stanley.

The appointment strengthens Evercore's healthcare division, particularly in biopharma, where Modisett's deep industry connections are expected to enhance the firm's existing relationships. Modisett, who holds a B.S. from the University of North Carolina at Chapel Hill, expressed enthusiasm about joining Evercore, citing the pharmaceutical industry's critical need for innovative financial strategies to support medical advancements.

Evercore (NYSE: EVR) has announced its 2nd annual Private Markets Forum to be held in New York City on March 11-12, 2025. The event will bring together executives and experts from over 20 leading private markets asset management companies alongside investment professionals.

Glenn Schorr, Evercore ISI senior managing director, highlighted the significance of the forum during "one of the most interesting times in the history of the asset management industry." Marc Harris, Evercore ISI Director of Research, noted that discussions will focus on critical topics including:

• Opportunities within private credit and insurance
• Private markets financing for infrastructure and energy transition
• LP consolidation trends with fewer, larger GPs
• Evolving landscape for nontraditional liquidity events
• Growth opportunities across wealth management channels

Participating companies include industry leaders such as Apollo, BlackRock/GIP, Blackstone, KKR & Co., and TPG. This is an invite-only event, with institutional investors directed to contact their Evercore ISI salesperson for details.