Q1 EPS Estimates for PJT Partners Lowered by Seaport Res Ptn

PJT Partners Inc. (NYSE:PJT) – Stock analysts at Seaport Res Ptn reduced their Q1 2025 earnings estimates for PJT Partners in a research report issued on Wednesday, April 9th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings of $0.94 per share for the quarter, down from their prior estimate of $1.24. The consensus estimate for PJT Partners’ current full-year earnings is $6.20 per share. Seaport Res Ptn also issued estimates for PJT Partners’ Q2 2025 earnings at $1.30 EPS, FY2025 earnings at $5.80 EPS and FY2026 earnings at $7.00 EPS.

Several other brokerages have also issued reports on PJT. JMP Securities lowered PJT Partners from an “outperform” rating to a “market perform” rating in a report on Monday, January 13th. Keefe, Bruyette & Woods lifted their target price on shares of PJT Partners from $152.00 to $177.00 and gave the company a “market perform” rating in a research note on Wednesday, February 5th. Finally, Citizens Jmp downgraded shares of PJT Partners from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 13th. Five analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $158.50.

PJT Partners Trading Up 0.2 %

PJT opened at $129.56 on Friday. PJT Partners has a 1 year low of $90.95 and a 1 year high of $190.28. The stock has a fifty day moving average price of $150.40 and a 200 day moving average price of $152.92. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 26.44 and a beta of 0.77.

PJT Partners (NYSE:PJT) last posted its quarterly earnings results on Tuesday, February 4th. The financial services provider reported $1.90 EPS for the quarter, beating the consensus estimate of $1.19 by $0.71. PJT Partners had a net margin of 9.00% and a return on equity of 24.03%. The business had revenue of $477.30 million for the quarter, compared to analysts’ expectations of $384.64 million. During the same period in the previous year, the company posted $0.96 EPS. PJT Partners’s revenue was up 45.3% on a year-over-year basis.

Institutional Trading of PJT Partners

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in PJT Partners by 5.3% during the 4th quarter. Vanguard Group Inc. now owns 2,515,600 shares of the financial services provider’s stock worth $396,987,000 after acquiring an additional 127,060 shares during the last quarter. State Street Corp increased its stake in shares of PJT Partners by 5.7% in the third quarter. State Street Corp now owns 1,001,911 shares of the financial services provider’s stock worth $133,595,000 after purchasing an additional 54,071 shares during the period. FMR LLC lifted its position in shares of PJT Partners by 52.8% during the 4th quarter. FMR LLC now owns 637,797 shares of the financial services provider’s stock worth $100,651,000 after purchasing an additional 220,526 shares during the last quarter. Geode Capital Management LLC boosted its stake in PJT Partners by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 635,270 shares of the financial services provider’s stock valued at $100,273,000 after purchasing an additional 16,233 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in PJT Partners in the 4th quarter valued at approximately $89,192,000. 89.23% of the stock is owned by institutional investors.

PJT Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.00 dividend on an annualized basis and a yield of 0.77%. PJT Partners’s payout ratio is currently 20.41%.

PJT Partners Company Profile

PJT Partners Inc, an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures.