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PJT

PJT Partners Inc.

PJT

NYSE·Financial Services·Investment - Banking & Investment Services·Mkt cap $4.6B

$181.15

+0.72%

P/E

29.65

Mkt Cap

$4.6B

52-Wk Range

$127.73–$195.62

52-Week Range

$127.73 - $195.62

P/E

29.65

Fwd P/E

22.66

Beta

0.83

Div Yield

0.55%

Avg Vol

428.8K

Shares Out

24.2M

Mkt Cap

$4.6B

Price action

Price chart

Up 3.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Independence from proprietary trading or principal investing, eliminating conflicts of interest
  • Specialized expertise in complex, high-stakes transactions and restructurings
  • Strong relationships with C-suite executives, boards, and institutional investors built over decades
  • Boutique scale enabling personalized service and senior banker involvement on all engagements
  • Proven track record advising on contested situations and shareholder activism

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Investment Banking & Capital Markets peers

Growth

Stable outlook

Increased M&A activity and corporate transformation needs in post-pandemic economy

Value

Premium valuation to Investment Banking & Capital Markets peers

Momentum

Strong

+17.0% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Modest

0.55% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

JUL 28, 2026

Reported EPS of $1.97 vs $1.57 consensus (+25.5% surprise). Revenue of $486.3M vs $425.3M expected (+14.3%). Beat on both top and bottom lines.

EPS beat +25.5%
Rev beat +14.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+25.5%

Revenue trend · last 8Q

+45%

-1%

+13%

+37%

+12%

+29%

+20%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$326.3M

$477.3M

$324.5M

$406.9M

$447.1M

$535.2M

$418.2M

$486.3M

Margins · last 8Q

Gross

-23.8%

Operating

40.9%

Profit

9.4%

Wall Street consensus

3 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

67%

Hold

1

33%

Sell

0%

Median Price Target

Latest: BMO Capital · Aug 3, 2026

vs Industry

How PJT stacks vs Investment - Banking & Investment Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.