Equities research analysts expect that Greenhill & Co., Inc. (NYSE:GHL) will report $0.18 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Greenhill & Co., Inc.’s earnings. Greenhill & Co., Inc. reported earnings of ($0.18) per share in the same quarter last year, which indicates a positive year over year growth rate of 200%. The business is expected to report its next earnings report on Wednesday, October 17th.

According to Zacks, analysts expect that Greenhill & Co., Inc. will report full year earnings of $1.27 per share for the current financial year, with EPS estimates ranging from $1.15 to $1.38. For the next year, analysts forecast that the business will report earnings of $1.14 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Greenhill & Co., Inc..

Greenhill & Co., Inc. (NYSE:GHL) last posted its quarterly earnings results on Thursday, August 2nd. The financial services provider reported $0.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.05. Greenhill & Co., Inc. had a negative net margin of 5.25% and a positive return on equity of 3.15%. The business had revenue of $88.50 million for the quarter, compared to the consensus estimate of $79.93 million. During the same period in the prior year, the business posted $0.20 earnings per share. Greenhill & Co., Inc.’s revenue for the quarter was up 31.6% compared to the same quarter last year.

GHL has been the topic of a number of research reports. ValuEngine downgraded shares of Greenhill & Co., Inc. from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 28th. Zacks Investment Research raised shares of Greenhill & Co., Inc. from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Thursday, July 5th. Sandler O’Neill set a $32.00 price target on shares of Greenhill & Co., Inc. and gave the stock a “hold” rating in a research note on Friday, July 13th. Keefe, Bruyette & Woods reaffirmed a “sell” rating and issued a $26.00 price target on shares of Greenhill & Co., Inc. in a research note on Friday, August 3rd. Finally, Bank of America upped their price target on shares of Greenhill & Co., Inc. from $15.00 to $17.00 and gave the stock an “underperform” rating in a research note on Monday, July 16th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $24.00.

In other Greenhill & Co., Inc. news, President Kevin M. Costantino sold 8,175 shares of the stock in a transaction on Wednesday, August 8th. The shares were sold at an average price of $32.24, for a total transaction of $263,562.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 15.60% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. Fox Run Management L.L.C. acquired a new position in Greenhill & Co., Inc. during the third quarter worth $539,000. Miller Value Partners LLC boosted its holdings in Greenhill & Co., Inc. by 0.9% during the second quarter. Miller Value Partners LLC now owns 213,850 shares of the financial services provider’s stock valued at $6,073,000 after acquiring an additional 1,850 shares during the period. Vident Investment Advisory LLC bought a new stake in Greenhill & Co., Inc. during the second quarter valued at about $330,000. Raymond James & Associates boosted its holdings in Greenhill & Co., Inc. by 19.4% during the second quarter. Raymond James & Associates now owns 43,099 shares of the financial services provider’s stock valued at $1,224,000 after acquiring an additional 7,005 shares during the period. Finally, FMR LLC boosted its holdings in Greenhill & Co., Inc. by 5.5% during the second quarter. FMR LLC now owns 166,735 shares of the financial services provider’s stock valued at $4,735,000 after acquiring an additional 8,635 shares during the period. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE GHL traded up $0.22 during mid-day trading on Wednesday, reaching $26.74. The company had a trading volume of 268,709 shares, compared to its average volume of 468,567. Greenhill & Co., Inc. has a twelve month low of $16.25 and a twelve month high of $33.45. The company has a current ratio of 3.61, a quick ratio of 3.61 and a debt-to-equity ratio of 3.40. The company has a market capitalization of $594.60 million, a PE ratio of -95.50 and a beta of 1.04.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 19th. Shareholders of record on Wednesday, September 5th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend was Tuesday, September 4th. Greenhill & Co., Inc.’s payout ratio is -71.43%.

About Greenhill & Co., Inc.

Greenhill & Co, Inc, together with its subsidiaries, operates as an independent investment bank for corporations, partnerships, institutions, and governments worldwide. The company provides financial advisory services primarily related to mergers and acquisitions, restructurings, financings, and capital raisings.

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