Perella Weinberg Partners (PWP) Set to Announce Earnings on Friday

Perella Weinberg Partners (NASDAQ:PWP) is scheduled to post its quarterly earnings results before the market opens on Friday, May 3rd. Investors interested in registering for the company’s conference call can do so using this link.

Perella Weinberg Partners (NASDAQ:PWP) last posted its earnings results on Thursday, February 8th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $212.68 million during the quarter. Perella Weinberg Partners had a positive return on equity of 34.39% and a negative net margin of 2.66%.

Perella Weinberg Partners Stock Down 0.2 %

PWP stock opened at $15.61 on Friday. The firm has a market capitalization of $1.35 billion, a PE ratio of -11.83 and a beta of 1.59. Perella Weinberg Partners has a twelve month low of $6.80 and a twelve month high of $16.07. The stock has a 50-day simple moving average of $14.17 and a two-hundred day simple moving average of $12.28.

Perella Weinberg Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Tuesday, February 27th. Perella Weinberg Partners’s payout ratio is -21.21%.

Analyst Ratings Changes

PWP has been the subject of several recent research reports. JMP Securities boosted their price objective on Perella Weinberg Partners from $18.00 to $22.00 and gave the company a “market outperform” rating in a research report on Tuesday, April 9th. The Goldman Sachs Group reiterated a “sell” rating and issued a $11.50 price objective (down previously from $14.00) on shares of Perella Weinberg Partners in a research report on Tuesday, January 9th. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $16.00 price objective on shares of Perella Weinberg Partners in a research report on Monday, January 29th.

Perella Weinberg Partners Company Profile

Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, and financing and capital solutions advice with resources focused on restructuring, liability management, and capital markets advisory, as well as underwriting and research services primarily for the energy and related industries.