Morgan Stanley downgraded Evercore Inc (EVR) to Equal-Weight from Overweight on December 7, 2025. The current share price stands at $334.26.
This downgrade suggests increased caution regarding Evercore's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could impact the company's performance.
Evercore operates as an investment banking advisory company, focusing on significant mergers, acquisitions, and strategic corporate transactions. The firm, headquartered in New York City, employs 2,455 full-time staff and has a market capitalization of $11.6 billion. With a P/E ratio of 22.00 and a trailing twelve-month EPS of 12.54, the company also boasts a dividend yield of 110.9%.
Upcoming earnings reports are anticipated on July 28, 2026, and April 28, 2026, with estimated EPS of $3.86 and $3.85, respectively. Recent earnings performance has shown positive surprises, including a Q3 2025 EPS of $3.48, exceeding estimates by 5.9%.
Analyst consensus indicates a Buy rating from 14 analysts, with 2 Strong Buy, 8 Buy, and 4 Hold ratings as of December 1, 2025. However, ratings can change over time, reflecting new information and differing analyst perspectives.
Such decisions reflect the dynamic nature of market sentiment and the importance of considering multiple factors in investment decisions, including company fundamentals and industry trends.