Perella Weinberg Partners (PWP) Scheduled to Post Quarterly Earnings on Friday

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

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

Perella Weinberg Partners Stock Performance

Shares of PWP stock opened at $15.03 on Thursday. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of -11.39 and a beta of 1.59. The company has a 50-day simple moving average of $14.28 and a 200 day simple moving average of $12.42. Perella Weinberg Partners has a 52 week low of $6.80 and a 52 week high of $16.07.

Perella Weinberg Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 28th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date was Tuesday, February 27th. Perella Weinberg Partners’s dividend payout ratio is currently -21.21%.

Wall Street Analysts Forecast Growth

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

About Perella Weinberg Partners

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.