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Evercore Stock Price, News & Analysis

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Welcome to our dedicated page for Evercore news (Ticker: EVR), a resource for investors and traders seeking the latest updates and insights on Evercore stock.

Evercore Inc. (NYSE: EVR) is a global independent investment banking advisory firm whose news flow reflects its advisory mandates, sector coverage and international expansion. Company releases describe Evercore as focused on mergers and acquisitions, strategic shareholder advisory, restructurings and capital structure, as well as assisting clients with raising public and private capital. News items also highlight its equity research, equity sales and agency trading execution activities, and its wealth and investment management services for high-net-worth and institutional investors.

Visitors to this EVR news page will find updates on senior hires across key groups such as the financial sponsors group, healthcare investment banking and transportation investment banking. Recent announcements include the addition of senior managing directors in New York, London and Stockholm, and the opening of new offices in locations like Riyadh and Richmond, Virginia, illustrating Evercore’s ongoing buildout in the Americas, Europe and the Middle East.

Evercore’s news also covers its role as financial advisor on transactions, such as serving as exclusive financial advisor in a recapitalization involving industrial real estate assets. In addition, the firm regularly announces and hosts sector-focused conferences, including a healthcare conference and a power and utility conference that bring together public and private companies, investors and industry experts to discuss themes ranging from biotechnology and healthcare technology to power demand and artificial intelligence.

Investors, clients and observers can use this page to follow Evercore’s corporate developments, advisory activity highlights, conference announcements and other material updates drawn from its press releases and related disclosures.

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Evercore (NYSE: EVR) has appointed Chris Buddin as a Senior Managing Director in its Technology Advisory practice, based in Menlo Park, CA. Buddin, previously a Managing Director at Goldman Sachs, brings over twenty years of experience in advising on equity capital markets and M&A transactions. His addition aims to bolster Evercore’s Technology Capital Markets and Strategic Advisory services. Evercore, founded in 1995 and headquartered in New York, focuses on independent investment banking advisory, including mergers, acquisitions, and capital raising.

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Evercore (NYSE: EVR) is set to announce its second quarter 2022 financial results on July 27, 2022, at 6:45 a.m. ET. Following this, a conference call will commence at 8:00 a.m. ET, led by CEO John S. Weinberg and CFO Celeste Mellet. Investors can register for the call and access the details via the provided links. The live audio webcast will be available on Evercore’s website, archived for 30 days.

Evercore specializes in independent investment banking advisory, focusing on mergers, capital raising, and investment management.

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TA Associates and Evercore have launched the second year of TA-CORE, enhancing diversity within private equity and investment banking. This program targets historically underrepresented candidates, offering mentorship and career opportunities. In 2021, eight candidates participated, and this year, 21 have enrolled, doubling last year's numbers. The initiative is designed to educate young talent about the industry and create pathways for success. Both firms emphasize the importance of diverse teams in driving innovation and performance.

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Evercore (NYSE: EVR) announced that CEO John S. Weinberg will participate in the Morgan Stanley U.S. Financials Conference on Tuesday, June 14, 2022, at 3:15 p.m. ET. A live audio webcast of the session will be accessible on Evercore’s website, with a replay available for 30 days post-event. Evercore is a leading independent investment banking advisory firm, offering services such as mergers and acquisitions advisory, capital raising, and wealth management since its establishment in 1995. More details can be found at www.evercore.com.

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Evercore (NYSE: EVR) is hosting its first Global Clean Energy & Transition Technologies Summit on June 14-15, 2022, in New York. This event will focus on the energy transition towards a sustainable economy, featuring discussions and fireside chats with top executives from leading clean energy companies. Evercore ISI is committed to sustainability and is backed by leading researchers in the field. Notable speakers include executives from firms like Chargepoint and Plug Power. The summit is invite-only, targeting institutional investors and industry leaders.

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Evercore (NYSE: EVR) announced the appointment of Herb Yeh as a Senior Managing Director in its Technology practice, based in Silicon Valley. Yeh, previously with Citi as Global Co-Head of Technology Investment Banking, brings over 25 years of experience in strategic M&A and capital raising for tech firms. John S. Weinberg, CEO, highlighted the growth opportunities in the Software sector. Yeh expressed his commitment to Evercore's client-centric vision and aims to enhance the firm's Technology practice.

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Evercore Inc. (NYSE: EVR) reported record first quarter results for 2022, with net revenues reaching $722.9 million, a 9% increase year-over-year. Adjusted diluted earnings per share rose to $3.79, up 17%. Advisory revenues surged by 22% to $624.6 million, driven by a high volume of transactions. The quarterly dividend increased by 6% to $0.72 per share, payable on June 10, 2022. Share repurchases totaled $298.3 million this quarter, reflecting strong capital return initiatives.

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Evercore (NYSE: EVR) is set to announce its first quarter 2022 financial results on April 27, 2022, at 6:45 a.m. Eastern Time. A conference call will follow at 8:00 a.m., led by John S. Weinberg, Chairman and CEO, alongside Celeste Mellet, CFO. Investors can join by calling (877) 359-9508 for domestic or (224) 357-2393 for international participation, passcode 1168879. The call will last about an hour, and a replay will be accessible for one week. A live audio webcast will be available on Evercore’s website.

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Evercore (NYSE: EVR) has been recognized as the Best M&A Adviser in Asia for the first time and the Best M&A Adviser in Singapore for the fifth time by The Asset magazine during its 2021 Triple A Country Awards. The firm has advised on significant transactions, including Jurong Port's S$3 billion acquisition of Universal Terminal and Pacific International Lines' US$3.3 billion debt restructuring. The Singapore office, established in 2015, has grown to become a key hub for Evercore in Asia, reflecting its commitment to delivering top-tier advisory services.

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Evercore Wealth Management has appointed Sebastian Granzo as Partner while he continues as Head of Operations and COO at Evercore Trust Company. Granzo, who joined Evercore in 2019 as Managing Director, has a rich background with experience at Shepherd Kaplan Krochuk and JPMorgan Chase. CEO Chris Zander praised Granzo's contributions and leadership. Evercore Wealth Management manages $12.2 billion in client assets and provides investment management, financial planning, and trust services.

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FAQ

What is the current stock price of Evercore (EVR)?

The current stock price of Evercore (EVR) is $279.05 as of December 24, 2023.

What is the market cap of Evercore (EVR)?

The market cap of Evercore (EVR) is approximately 11.3B.

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11.28B
37.70M
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