$0.45 EPS Expected for Greenhill & Co., Inc. (NYSE:GHL) This Quarter

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Wall Street analysts expect that Greenhill & Co., Inc. (NYSE:GHL) will announce earnings per share (EPS) of $0.45 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Greenhill & Co., Inc.’s earnings. Greenhill & Co., Inc. reported earnings of $0.46 per share during the same quarter last year, which indicates a negative year over year growth rate of 2.2%. The business is scheduled to issue its next quarterly earnings results after the market closes on Wednesday, July 31st.

According to Zacks, analysts expect that Greenhill & Co., Inc. will report full year earnings of $0.82 per share for the current year. For the next year, analysts anticipate that the firm will post earnings of $1.46 per share. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Greenhill & Co., Inc..

Greenhill & Co., Inc. (NYSE:GHL) last posted its earnings results on Monday, April 29th. The financial services provider reported ($0.58) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by ($0.34). The firm had revenue of $51.20 million during the quarter, compared to the consensus estimate of $57.43 million. Greenhill & Co., Inc. had a return on equity of 32.81% and a net margin of 5.53%. The business’s revenue was down 41.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.21 EPS.

Several analysts recently weighed in on GHL shares. ValuEngine raised Vermillion from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Buckingham Research lowered their price objective on PJT Partners from $49.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday. Keefe, Bruyette & Woods lowered Greenhill & Co., Inc. from a “market perform” rating to an “underperform” rating and lowered their price objective for the company from $23.50 to $23.00 in a report on Tuesday, April 30th. Zacks Investment Research lowered W. R. Grace & Co from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. Finally, UBS Group set a €45.00 ($52.33) price objective on Fuchs Petrolub and gave the company a “buy” rating in a report on Thursday, March 21st. Four equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Greenhill & Co., Inc. has an average rating of “Hold” and a consensus target price of $22.71.

Shares of GHL traded up $0.01 during midday trading on Friday, reaching $14.38. 236,976 shares of the company were exchanged, compared to its average volume of 236,245. The company’s 50-day moving average is $14.69. The stock has a market capitalization of $302.84 million, a P/E ratio of 8.93 and a beta of 0.85. Greenhill & Co., Inc. has a 1-year low of $13.00 and a 1-year high of $33.45. The company has a debt-to-equity ratio of 11.46, a quick ratio of 3.67 and a current ratio of 3.67.

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Wednesday, June 5th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Tuesday, June 4th. Greenhill & Co., Inc.’s dividend payout ratio (DPR) is presently 12.42%.

Institutional investors have recently made changes to their positions in the company. NumerixS Investment Technologies Inc bought a new position in Greenhill & Co., Inc. during the 1st quarter worth $104,000. Quantamental Technologies LLC increased its holdings in shares of Greenhill & Co., Inc. by 30.0% in the 1st quarter. Quantamental Technologies LLC now owns 5,632 shares of the financial services provider’s stock worth $121,000 after acquiring an additional 1,300 shares during the period. Municipal Employees Retirement System of Michigan bought a new stake in Greenhill & Co., Inc. in the 4th quarter valued at about $123,000. BNP Paribas Arbitrage SA lifted its position in Greenhill & Co., Inc. by 38.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,641 shares of the financial services provider’s stock valued at $143,000 after purchasing an additional 1,853 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY lifted its position in Greenhill & Co., Inc. by 248.4% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 6,373 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 4,544 shares during the last quarter. Institutional investors and hedge funds own 84.00% of the company’s stock.

About Greenhill & Co., Inc.

Greenhill & Co, Inc, an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. The company offers advisory services to clients in relation to mergers, acquisitions, divestitures, spin-offs, and other strategic transactions, as well as various stages of a transaction's life cycle ranging from initial structuring and negotiation to final execution.

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