PJT Partners Q1 EPS Forecast Decreased by Seaport Res Ptn

PJT Partners Inc. (NYSE:PJT - Free Report) - Research analysts at Seaport Res Ptn lowered their Q1 2025 EPS estimates for shares of PJT Partners in a report released on Wednesday, April 9th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings of $0.94 per share for the quarter, down from their prior forecast 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.

A number of other equities research analysts have also recently commented on PJT. JMP Securities cut PJT Partners from an "outperform" rating to a "market perform" rating in a research note on Monday, January 13th. Keefe, Bruyette & Woods boosted 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 lowered shares of PJT Partners from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $158.50.

PJT Partners Trading Up 0.9 %

Shares of PJT traded up $1.12 on Friday, reaching $132.51. 185,531 shares of the company's stock traded hands, compared to its average volume of 243,705. The stock's 50 day simple moving average is $149.49 and its two-hundred day simple moving average is $153.03. PJT Partners has a 52-week low of $90.95 and a 52-week high of $190.28. The stock has a market cap of $3.09 billion, a PE ratio of 27.04 and a beta of 0.77.

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PJT Partners (NYSE:PJT - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $384.64 million. During the same period in the prior year, the firm posted $0.96 EPS. The firm's quarterly revenue was up 45.3% compared to the same quarter last year.

PJT Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.00 annualized dividend and a dividend yield of 0.75%. PJT Partners's payout ratio is 20.41%.

Institutional Trading of PJT Partners

Several hedge funds and other institutional investors have recently modified their holdings of PJT. Vanguard Group Inc. raised its holdings 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 valued at $396,987,000 after acquiring an additional 127,060 shares during the period. State Street Corp raised its stake in shares of PJT Partners by 5.7% during the 3rd quarter. State Street Corp now owns 1,001,911 shares of the financial services provider's stock valued at $133,595,000 after purchasing an additional 54,071 shares during the period. FMR LLC raised its stake 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 valued at $100,651,000 after purchasing an additional 220,526 shares during the period. Geode Capital Management LLC lifted its holdings 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 worth $100,273,000 after purchasing an additional 16,233 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in PJT Partners during the 4th quarter valued at about $89,192,000. Institutional investors own 89.23% of the company's stock.

About PJT Partners

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.