PJT Partners Inc. (NYSE:PJT – Get Free Report) announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of 0.25 per share by the financial services provider on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, June 3rd.
PJT Partners has raised its dividend by an average of 0.4%per year over the last three years. PJT Partners has a dividend payout ratio of 14.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect PJT Partners to earn $8.80 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 11.4%.
PJT Partners Stock Down 1.6%
Shares of PJT opened at $153.39 on Wednesday. PJT Partners has a 52-week low of $127.73 and a 52-week high of $195.62. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of 23.10 and a beta of 0.88. The business’s 50 day moving average is $145.36 and its two-hundred day moving average is $162.26.
Key Stories Impacting PJT Partners
Here are the key news stories impacting PJT Partners this week:
- Positive Sentiment: Record Q1 beats: PJT reported $1.54 EPS vs. a $1.51 consensus and revenue of $418.2M (vs. ~$396M expected), with revenue up ~29% YoY and strong ROE/margin metrics — the core driver of the move higher. PJT Partners Inc. Reports Record First Quarter 2026 Results; Announces $800 Million Repurchase Authorization
- Positive Sentiment: Large buyback: Management authorized/expanded a $800M repurchase program — should be EPS-accretive over time and signals confidence in cash generation. PJT projects 2026 non-comp expense growth of about 12% while expanding $800m buyback
- Positive Sentiment: Dividend: PJT declared a quarterly dividend of $0.25/share (annualized yield ~0.7%), adding a small cash-return component alongside the buyback.
- Neutral Sentiment: Expense vs. return trade-off: Management forecasts ~12% growth in non-compensation expenses in 2026 while funding the buyback — this increases operating spend even as share reduction supports EPS, making net effect mixed. PJT projects 2026 non-comp expense growth of about 12% while expanding 800m buyback
- Neutral Sentiment: Full disclosures available: Management hosted an earnings call and posted a slide deck/transcript for details on deal pipeline and seasonality — useful for assessing sustainability of results. PJT Partners Inc. 2026 Q1 – Results – Earnings Call Presentation
- Negative Sentiment: Near-term headwinds: Analysts and coverage pieces flagged typical Q1 seasonality and ongoing restructuring questions that could temper growth in upcoming quarters if deal activity softens. PJT Partners earnings in focus: Can restructuring offset seasonal Q1?
- Negative Sentiment: Technical caution: the 50-day moving average sits below the 200-day, which can signal recent underperformance and may attract profit-taking despite the beat (watch volume and follow-through).
PJT Partners Company Profile
PJT Partners is a global advisory-focused investment bank that delivers strategic advisory, restructuring and special situations, and capital solutions to corporations, partnerships, and governments. The firm operates through three primary business segments: Strategic Advisory, which covers mergers and acquisitions, shareholder advisory, and capital markets advisory; Restructuring and Special Situations, which provides advice on debt and liability management, distressed mergers and acquisitions, and financial restructurings; and Park Hill, the firm’s dedicated capital-raising and secondary advisory business for private equity, real estate, hedge funds, and infrastructure.
The Strategic Advisory practice at PJT Partners assists clients with complex transactions such as cross-border mergers, spin-offs, divestitures, and takeover defenses, drawing on deep industry expertise and global reach.
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