Evercore Inc. (NYSE:EVR) Delivers Strong Earnings Beat, Poised For Near-Term Upside

Evercore posted a material earnings beat and presents a mixed technical picture that supports measured upside potential while valuation reads as fair-valued. Near-term price action should hinge on momentum confirmation versus short-term resistance.

Recent News

On April 29, 2026 the company issued a press release and filed an 8-K announcing first-quarter results and an increased quarterly cash dividend of $0.89 per share. The Board declared the dividend on April 28, 2026, with a record date of May 29, 2026 and a payment date of June 12, 2026. Evercore scheduled its sixth annual Consumer & Retail Conference for June 9–11, 2026 and called a virtual annual meeting for June 10, 2026.

Technical Analysis

ADX registers 9.1, indicating no established trend; that low strength tempers the bullish implications coming from directional indicators and suggests near-term consolidation is more likely than a strong breakout.

DI+ shows a dip & reversal and DI- shows a peak & reversal—both readings resolve to bullish directional signals under standard interpretation. Given the low ADX, these bullish DI readings imply directional bias without strong trend conviction, so momentum confirmation remains necessary to translate bias into sustained gains.

MACD reads 3.51 against a signal line of 3.59 and exhibits a dip & reversal. Momentum shows improvement but no bullish crossover yet; the lack of a MACD-above-signal crossover keeps immediate bullish momentum unconfirmed despite the improving MACD trend.

MRO sits at -13.04 with a decreasing trend. The negative MRO indicates price sits below the model target and therefore suggests upside potential; the negative reading materially supports a scenario where mean reversion toward intrinsic target can apply pressure toward higher prices if other momentum cues align.

RSI at 53.93 with a peak & reversal trend warns of a short-term stall or pullback risk after a recent run; this peak behavior increases the chance of sideways-to-lower price action unless momentum indicators flip decisively bullish.

Price closed at $340.78, above the 200-day average ($327.47) but below the 20-day average ($344.32) and the 12-day EMA ($343.47, which shows a peak & reversal). The mixed placement—above the long-term average but below near-term averages—supports a consolidation-biased outlook with a bullish structural backdrop if short-term EMAs resume upward slope.

Ichimoku levels (Tenkan 346.27; Kijun 336.32; Senkou A 332.26; Senkou B 318.14) place price above the cloud, providing a constructive context for trend continuation should short-term momentum recover. Bollinger bands place the close between the 1x bands (lower ~ $339.11; upper ~ $349.53), implying limited near-term volatility expansion absent an exogenous catalyst.

Volume at 432,038 slightly exceeds the 10-day average but remains below 50- and 200-day averages, indicating muted conviction behind recent moves. Short-term beta (42-day 1.47) and 52-week beta (1.80) indicate above-market sensitivity if broader markets move.

 


Fundamental Analysis

Earnings: Reported EPS came in at $7.53 versus an estimate of $5.43, a $2.10 beat and an EPS surprise ratio of 38.67%. Forward EPS sits at $5.75 with a forward P/E of 54.17, reflecting elevated forward multiple expectations relative to current earnings power. Free cash flow remained negative at -$228,966,000 and free cash flow yield equals -1.82%.

Profitability and returns show strength: return on assets equals 6.23% and return on equity equals 16.90%, both above the industry peer mean values provided (ROA industry peer mean 0.675%; ROE industry peer mean 4.768%), indicating superior capital efficiency and equity returns versus peers.

Valuation multiples: trailing P/E equals 43.19, below the industry peer mean P/E of 108.70 and below the peer median; price-to-book equals 7.06, above the industry peer mean book multiple of 4.6719 and above the peer median. The PEG ratio stands at 0.92, above the industry peer mean and median reported (which were negative), suggesting earnings growth expectations compress the traditional PEG comparison dynamics.

Revenue and growth metrics show mixed signals: reported revenue growth measures include revenue growth at 24.01% (raw value 0.24006) and other year-over-year figures flagged in the dataset; earnings growth YoY registers strongly positive at 18.94% while earnings QoQ showed a modest decline. Asset turnover equals 0.2877, above the industry peer mean of 0.0583, supporting relatively efficient asset utilization.

Balance sheet and liquidity: cash equals $1.184B, total debt $1.098B, debt-to-equity 0.6163, and debt-to-assets 0.2546 (near the higher end of the peer range provided). Dividend metrics: dividend rate $1.287 and a dividend payout ratio of 16.53%, with dividend coverage about 6.05x.

WMDST values the stock as fair-valued. The combination of a strong earnings beat, above-peer returns, negative free cash flow, and mixed revenue signals yields a balanced fundamental picture that supports the fair-valued determination while leaving upside tied to cash-flow recovery and sustained fee/transaction volumes.

MOST-RECENT QUARTERLY REPORT
REPORT PERIOD ENDING: 2026-03-31
REPORT DATE: 2026-04-29
NEXT REPORT DATE: 2026-07-29
CASH FLOW  Begin Period Cash Flow 1.4 B
 Operating Cash Flow -225.86 M
 Capital Expenditures -3.10 M
 Change In Working Capital -779.58 M
 Dividends Paid -49.79 M
 Cash Flow Delta -440.05 M
 End Period Cash Flow 996.1 M
 
INCOME STATEMENT REVENUE
 Total Revenue 1.4 B
 Forward Revenue 256.9 M
COSTS
 Cost Of Revenue
 Depreciation 13.7 M
 Depreciation and Amortization 13.7 M
 Research and Development
 Total Operating Expenses
PROFITABILITY
 Gross Profit
 EBITDA
 EBIT
 Operating Income
 Interest Income
 Interest Expense 8.9 M
 Net Interest Income -8.89 M
 Income Before Tax 331.8 M
 Tax Provision 9.1 M
 Tax Rate 2.729 %
 Net Income 301.2 M
 Net Income From Continuing Operations 322.7 M
EARNINGS
 EPS Estimate 5.43
 EPS Actual 7.53
 EPS Difference 2.10
 EPS Surprise 38.674 %
 Forward EPS 5.75
 
BALANCE SHEET ASSETS
 Total Assets 4.3 B
 Intangible Assets 253.3 M
 Net Tangible Assets 1.5 B
 Total Current Assets
 Cash and Short-Term Investments
 Cash 1.2 B
 Net Receivables 546.6 M
 Inventory
 Long-Term Investments
LIABILITIES
 Accounts Payable 39.1 M
 Short-Term Debt
 Total Current Liabilities
 Net Debt
 Total Debt 1.1 B
 Total Liabilities 2.2 B
EQUITY
 Total Equity 1.8 B
 Retained Earnings 2.8 B
VALUATION & PER-SHARE METRICS EQUITY & PER-SHARE METRICS
 Book Value Per-Share 46.08
 Shares Outstanding 38.677 M
 Revenue Per-Share 35.98
VALUATION
 Market Capitalization 12.6 B
 Enterprise Value 13.7 B
 Enterprise Multiple
Enterprise Multiple QoQ
Enterprise Multiple YoY
Enterprise Multiple IPRWA
 EV/R 9.828
CAPITAL STRUCTURE
 Asset To Equity 2.421
 Asset To Liability 1.938
 Debt To Capital 0.381
 Debt To Assets 0.255
Debt To Assets QoQ 18.086 %
Debt To Assets YoY -10.784 %
Debt To Assets IPRWA high: 0.306
EVR: 0.255
mean: 0.09
low: 0.035
median: 0.035
 Debt To Equity 0.616
Debt To Equity QoQ 8.397 %
Debt To Equity YoY -0.525 %
Debt To Equity IPRWA high: 0.806
EVR: 0.616
mean: 0.107
median: 0.002
low: -1.177
PRICE-BASED VALUATION
 Price To Book (P/B) 7.058
Price To Book QoQ 7.947 %
Price To Book YoY 28.64 %
Price To Book IPRWA high: 9.545
EVR: 7.058
median: 5.668
mean: 4.672
low: -9.029
 Price To Earnings (P/E) 43.189
Price To Earnings QoQ -35.746 %
Price To Earnings YoY -29.51 %
Price To Earnings IPRWA high: 395.831
median: 118.435
mean: 108.696
low: 62.225
EVR: 43.189
 PE/G Ratio 0.923
 Price To Sales (P/S) 9.039
Price To Sales QoQ -12.339 %
Price To Sales YoY -24.022 %
Price To Sales IPRWA high: 14.538
median: 11.964
mean: 11.339
EVR: 9.039
low: 2.303
FORWARD MULTIPLES
Forward P/E 54.17
Forward PE/G 1.158
Forward P/S 48.928
EFFICIENCY OPERATIONAL
 Operating Leverage
ASSET & SALES
 Asset Turnover Ratio 0.288
Asset Turnover Ratio QoQ 9.224 %
Asset Turnover Ratio YoY 54.16 %
Asset Turnover Ratio IPRWA EVR: 0.288
high: 0.214
mean: 0.058
low: 0.013
median: 0.013
 Receivables Turnover 2.525
Receivables Turnover Ratio QoQ 5.741 %
Receivables Turnover Ratio YoY 61.809 %
Receivables Turnover Ratio IPRWA high: 5.389
EVR: 2.525
mean: 1.158
low: 0.03
median: 0.03
 Inventory Turnover
Inventory Turnover Ratio QoQ
Inventory Turnover Ratio YoY
Inventory Turnover Ratio IPRWA
 Days Sales Outstanding (DSO) 36.143
CASH CYCLE
 Cash Conversion Cycle Days (CCC)
Cash Conversion Cycle Days QoQ
Cash Conversion Cycle Days YoY
Cash Conversion Cycle Days IPRWA
CAPITAL DEPLOYMENT
 Cash Conversion Ratio
 CapEx To Revenue -0.002
 CapEx To Depreciation -0.226
 
CAPITAL, LIQUIDITY & COVERAGE CAPITAL STRUCTURE
 Total Capital 2.3 B
 Net Invested Capital 2.3 B
 Invested Capital 2.3 B
 Net Tangible Assets 1.5 B
 Net Working Capital
LIQUIDITY
 Cash Ratio
 Current Ratio
Current Ratio QoQ
Current Ratio YoY
Current Ratio IPRWA
 Quick Ratio
Quick Ratio QoQ
Quick Ratio YoY
Quick Ratio IPRWA
COVERAGE & LEVERAGE
 Debt To EBITDA
 Cost Of Debt 0.543 %
 Interest Coverage Ratio
Interest Coverage Ratio QoQ
Interest Coverage Ratio YoY
Interest Coverage Ratio IPRWA
 Operating Cash Flow Ratio
TIMING / LIQUIDITY
 Days Payables Outstanding (DPO)
DIVIDENDS
 Dividend Coverage Ratio 6.05
 Dividend Payout Ratio 0.165
 Dividend Rate 1.29
 Dividend Yield 0.004
PERFORMANCE GROWTH
 Asset Growth Rate -19.481 %
 Revenue Growth 24.006 %
Revenue Growth QoQ -2.383 %
Revenue Growth YoY -183.47 %
Revenue Growth IPRWA high: 40.347 %
EVR: 24.006 %
mean: 0.599 %
median: -3.395 %
low: -34.463 %
 Earnings Growth 46.784 %
Earnings Growth QoQ -7.248 %
Earnings Growth YoY 1894.203 %
Earnings Growth IPRWA EVR: 46.784 %
high: -7.692 %
median: -7.692 %
mean: -18.768 %
low: -70.588 %
MARGINS
 Gross Margin
Gross Margin QoQ
Gross Margin YoY
Gross Margin IPRWA
 EBIT Margin
EBIT Margin QoQ
EBIT Margin YoY
EBIT Margin IPRWA
 Return On Sales (ROS)
Return On Sales QoQ
Return On Sales YoY
Return On Sales IPRWA
CASH FLOW
 Free Cash Flow (FCF) -228.97 M
 Free Cash Flow Yield -1.82 %
Free Cash Flow Yield QoQ -130.273 %
Free Cash Flow Yield YoY -73.573 %
Free Cash Flow Yield IPRWA high: 11.325 %
median: 11.325 %
mean: 3.966 %
EVR: -1.82 %
low: -18.535 %
 Free Cash Growth -128.671 %
Free Cash Growth QoQ -370.966 %
Free Cash Growth YoY -30.292 %
Free Cash Growth IPRWA EVR: -128.671 %
high: -140.451 %
mean: -189.736 %
median: -205.815 %
low: -217.577 %
 Free Cash To Net Income -0.76
 Cash Flow Margin 22.901 %
 Cash Flow To Earnings 1.058
VALUE & RETURNS
 Economic Value Added 0.04
 Return On Assets (ROA) 6.229 %
Return On Assets QoQ 49.341 %
Return On Assets YoY 58.62 %
Return On Assets IPRWA EVR: 6.229 %
high: 2.763 %
mean: 0.675 %
median: 0.127 %
low: -0.546 %
 Return On Capital Employed (ROCE)
 Return On Equity (ROE) 0.169
Return On Equity QoQ 68.383 %
Return On Equity YoY 74.214 %
Return On Equity IPRWA EVR: 0.169
high: 0.079
median: 0.048
mean: 0.048
low: -0.022
 DuPont ROE 15.798 %
 Return On Invested Capital (ROIC)
Return On Invested Capital QoQ
Return On Invested Capital YoY
Return On Invested Capital IPRWA

Six-Week Outlook

Expect a consolidation regime that favors upside on momentum confirmation. Key technical thresholds: short-term resistance clusters sit near the 12-day EMA/20-day average (~$343–$344) and the upper 1x Bollinger band (~$349); immediate support appears around the super-trend lower at $322.12 and the Ichimoku Kijun at $336.32. A validated MACD crossover above its signal and a stabilizing RSI would increase the probability of a push toward the mean analyst target of $334.32 and beyond; persistent negative free cash flow and RSI peak behavior raise the probability of sideways-to-lower tests if momentum fails to reassert.

About Evercore Inc.

Evercore Inc. (NYSE:EVR) provides strategic financial advisory services worldwide, with its headquarters located in New York City. Since its inception in 1995, Evercore has structured its operations into two primary segments: Investment Banking & Equities and Investment Management. The Investment Banking & Equities division supports clients with mergers and acquisitions, defense strategies, shareholder advisories, and real estate advisories. It also offers private capital advisory, market risk management, and equity capital market services. This segment tailors solutions to help clients meet their financial objectives, providing institutional investors with comprehensive analysis, research, sales, and trading execution capabilities. In the Investment Management segment, Evercore serves high-net-worth individuals, foundations, and endowments, delivering personalized wealth management services. It manages financial assets for institutional investors, emphasizing a customized approach to asset management. Evercore commits to offering independent and insightful advice, establishing itself as a dependable partner for clients seeking to achieve their strategic and financial goals with accuracy and integrity.



© 2026 WMDST — The World’s Most Dangerous Swing Trader. All rights reserved.