Richard Beattie - Evercore Partners Independent Director

EVR Stock  USD 186.59  9.51  4.85%   

Director

Mr. Richard I. Beattie is Independent Director of the Company. He is Senior Chairman of Simpson Thacher, a position he has held since 2004. Mr. Beattie was a partner of Simpson Thacher since 1977 and had served as Chairman of the Executive Committee of that firm from 1991 to 2004. Mr. Beattie specializes in counseling boards of directors and nonmanagement directors on governance issues, investigations and litigation involving corporate officers and other crisis situations. He also specializes in mergers and acquisitions and leveraged buyouts. Mr. Beattie also has a distinguished record of public service, including serving as General Counsel of the Department of Health, Education and Welfare during President Carters administration and as a Senior Advisor to the Secretary of State for Reorganization Issues in 1997 during President Clintons administration. From 1995 to 1997, Mr. Beattie served as President Clintons Emissary for Cyprus. Mr. Beattie is a member of the Council on Foreign Relations, the Board of Overseers and Managers of Memorial SloanKettering Cancer Center and the Board of Managers of Memorial Hospital for Cancer and Allied Diseases. Mr. Beattie is also a member of the board and founder of New Visions for Public Schools. Mr. Beattie joined Simpson Thacher in 1968 after graduating from the University of Pennsylvania Law School. Prior to law school, he served four years in the Marine Corporationration as a jet pilot after graduating from Dartmouth College in 1961. since 2010.
Age 81
Tenure 14 years
Address 55 East 52nd Street, New York, NY, United States, 10055
Phone(212) 857-3100
Webhttps://www.evercore.com

Evercore Partners Management Efficiency

The company has Return on Asset of 0.0779 % which means that on every $100 spent on assets, it made $0.0779 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1626 %, implying that it generated $0.1626 on every 100 dollars invested. Evercore Partners' management efficiency ratios could be used to measure how well Evercore Partners manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Evercore Partners' Return On Capital Employed is relatively stable compared to the past year. As of 04/24/2024, Return On Equity is likely to grow to 0.31, while Return On Tangible Assets are likely to drop 0.07. At this time, Evercore Partners' Total Assets are relatively stable compared to the past year. As of 04/24/2024, Non Currrent Assets Other is likely to grow to about 32.2 M, while Other Assets are likely to drop slightly above 102.6 M.
The company has 844.39 M in debt with debt to equity (D/E) ratio of 0.46, which is OK given its current industry classification. Evercore Partners has a current ratio of 1.88, which is typical for the industry and considered as normal. Debt can assist Evercore Partners until it has trouble settling it off, either with new capital or with free cash flow. So, Evercore Partners' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Evercore Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Evercore to invest in growth at high rates of return. When we think about Evercore Partners' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

MaryAnne GilmartinJefferies Financial Group
56
Jane MendilloLazard
61
Dennis HerschPJT Partners
72
William EhrhardtOppenheimer Holdings
77
Michael ZimmermanStifel Financial
69
Daniel LudemanStifel Financial
63
Richard CrystalOppenheimer Holdings
73
John AllisonMoelis Co
71
Lawrence RothOppenheimer Holdings
60
Emily RaffertyPJT Partners
71
Michael TurnerLazard
66
Charles DillStifel Financial
74
Jacqueline KosecoffHoulihan Lokey
71
Francisco BorgesJefferies Financial Group
69
James CostosPJT Partners
58
Robert LenhardtHoulihan Lokey
53
Sylvia JayLazard
73
Paul WilsonHoulihan Lokey
47
Jeffrey KeilJefferies Financial Group
72
James OatesStifel Financial
74
Frederick HanserStifel Financial
74
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. Evercore Inc. was founded in 1995 and is headquartered in New York, New York. Evercore Partners operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 2160 people. Evercore Partners (EVR) is traded on New York Stock Exchange in USA. It is located in 55 East 52nd Street, New York, NY, United States, 10055 and employs 2,173 people. Evercore Partners is listed under Investment Banking & Brokerage category by Fama And French industry classification.

Management Performance

Evercore Partners Leadership Team

Elected by the shareholders, the Evercore Partners' board of directors comprises two types of representatives: Evercore Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Evercore. The board's role is to monitor Evercore Partners' management team and ensure that shareholders' interests are well served. Evercore Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Evercore Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Walsh, Chief Financial Officer
Willard Overlock, Independent Director
Simon Robertson, Independent Director
Andy Richard, Senior Managing Director
Liz Lynch, Senior Group
Anthony Laubi, Senior Managing Director
Zaheed Kajani, Senior Managing Director
John Scuorzo, Senior Managing Director - Capital Markets
Eduardo Mestre, Chairman Banking
Curtis Hessler, Independent Director
William Wheeler, Independent Director
Jamie Easton, Head of Investor Relations
Chris Turek, Chief MD
MSc MBA, Senior Officer
David Ying, Senior Director
John Weinberg, Co-Chairman of the Board, Co-Chief Executive Officer
Augusto Arellano, Senior Managing Director, Chief Executive Officer of Evercore Partners Mexico
Sarah Williamson, Independent Director
Len Rosen, Senior Managing Director, Chief Executive Officer - Israel
Andrew MacNiven, Senior Managing Director
Juan Cozar, Senior Managing Director
Robert Millard, Independent Director
Celeste Brown, Chief Financial Officer, Senior Managing Director
Bill Thompson, Senior Managing Director and Co-CEO - Private Capital Advisory
Richard Beattie, Independent Director
Gail Harris, Lead Independent Director
Roger Altman, Founder, Senior Chairman and Director
Kristen Youngren, Managing Compliance
Edward Hyman, Vice Chairman; Chairman of Evercore ISI
Peter Brundage, Senior Managing Director - Investment Banking Business
Ralph Schlosstein, Co-Chairman of the Board, Co-Chief Executive Officer
David Lischer, Senior Managing Director
Ira Wolfson, Senior Managing Director - Firm's Investment Banking Business
Jason Klurfeld, General Counsel, Corporate Secretary
Kendrick Wilson, Independent Director
Christopher Sanger, Managing Director
Ellen Futter, Independent Director
Joe Todd, Senior Managing Director
Katy Haber, Head ESG
Pamela Carlton, Independent Director
Adam Frankel, General Counsel
Francois Phalle, Independent Director
William Hiltz, Senior Business
Andrew Sibbald, Chief Executive Officer of Evercore Partners International
Paul CPA, CoDirector MD

Evercore Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Evercore Partners a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Evercore Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evercore Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evercore Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with Evercore Stock

  0.91CG Carlyle Group Earnings Call This WeekPairCorr
  0.65SF Stifel Financial Financial Report 24th of July 2024 PairCorr

Moving against Evercore Stock

  0.56DHIL Diamond Hill InvestmentPairCorr
The ability to find closely correlated positions to Evercore Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evercore Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evercore Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evercore Partners to buy it.
The correlation of Evercore Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evercore Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evercore Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evercore Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Evercore Partners is a strong investment it is important to analyze Evercore Partners' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evercore Partners' future performance. For an informed investment choice regarding Evercore Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evercore Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Evercore Stock, please use our How to Invest in Evercore Partners guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Evercore Stock analysis

When running Evercore Partners' price analysis, check to measure Evercore Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evercore Partners is operating at the current time. Most of Evercore Partners' value examination focuses on studying past and present price action to predict the probability of Evercore Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evercore Partners' price. Additionally, you may evaluate how the addition of Evercore Partners to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Is Evercore Partners' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evercore Partners. If investors know Evercore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evercore Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
3.04
Earnings Share
6.37
Revenue Per Share
63.672
Quarterly Revenue Growth
(0.06)
The market value of Evercore Partners is measured differently than its book value, which is the value of Evercore that is recorded on the company's balance sheet. Investors also form their own opinion of Evercore Partners' value that differs from its market value or its book value, called intrinsic value, which is Evercore Partners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evercore Partners' market value can be influenced by many factors that don't directly affect Evercore Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evercore Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evercore Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evercore Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.