Reading the tape
NASDAQ: PWP
Perella Weinberg Partners
Financial Services · Financial - Capital Markets
Market Cap
$2.08B
52w High
$25.93
52w Low
$15.74
P/E
43.26
Volume
1.43M
Outstanding Shares
91.33M
Price vs Fundamentals
Why The Stock Is Moving
Momentum disconnected from fundamentalsModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 32.44%Revenue (TTM): -14.48%FCF (TTM): -85.28%P/FCF: 94th pct
What changed
The stock rose 32.44% over the last year. Revenue declined 14.48% over the trailing twelve months. Operating margin moved from -8.94% to 6.39%. Free cash flow declined 85.28% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 94th percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 6.39%) would need to stabilize or improve to justify the move. Revenue is declining 14.48% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally.
CEOAndrew Bednar
SectorFinancial Services
IndustryFinancial - Capital Markets
Employees700
IPO dateNov 24, 2020
Valuation
Forward P/E—
EV/EBITDA23.19
Enterprise value$1.68B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-2.89%
Gross margin97.23%▲142.46%vs FY2024
Operating margin6.39%▲171.49%vs FY2024
ROE-27.86%▼281.34%vs FY2024
Analyst consensus
RatingBuy
Target price$20.25▼10.95%
3
Buy
0
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 1, 2026
Q2 FY26 · EPS est $0.17 · Revenue est $158.82M
View
Dividends
$0.28/shareQuarterly3yr growth streakAdequatePWP pays a dividend with a 1.23% dividend yield, 3 consecutive years of growth, covered 1.3× by free cash flow.
Dividend Yield
1.23%
Annual Div / Share
$0.28
3yr CAGR
+0%
Payout Ratio
76.51%
Adequate
Dividend Growth Rate
3yr CAGR
+0%
Dividend Safety
5/10Adequate
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$0.28+0.0%
2024$0.28+0.0%
2023$0.28+0.0%
2022$0.28—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$12/yr
$1/mo
In 5 yrs
$12/yr
$1/mo
In 10 yrs
$12/yr
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$12/yr $1/mo | $12/yr $1/mo | $12/yr $1/mo |