NYSE:PIPR

Piper Sandler Companies (PIPR) Stock Price, News & Analysis

$195.13
-0.47 (-0.24%)
(As of 03:08 PM ET)
Today's Range
$194.10
$197.12
50-Day Range
$183.84
$201.07
52-Week Range
$120.97
$202.76
Volume
60,577 shs
Average Volume
93,775 shs
Market Capitalization
$3.46 billion
P/E Ratio
39.50
Dividend Yield
1.23%
Price Target
$181.50

Piper Sandler Companies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.7% Downside
$181.50 Price Target
Short Interest
Healthy
1.30% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Piper Sandler Companies in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$9.84 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.98 out of 5 stars

Finance Sector

660th out of 855 stocks

Security Brokers & Dealers Industry

19th out of 27 stocks

PIPR stock logo

About Piper Sandler Companies Stock (NYSE:PIPR)

Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services and institutional sales, trading, and research services for various equity and fixed income products; advisory services, such as mergers and acquisitions, equity and debt private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. It also provides public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, the company offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, it is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.

PIPR Stock Price History

PIPR Stock News Headlines

Kinder Morgan Stock Bid Up In An Oil Breakout
Kinder Morgan is the oil stock that stood out to markets enough to bring its valuation to a premium above peers, and analysts still see a double-digit upside
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Piper Sandler Companies (PIPR) to Release Earnings on Friday
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
PIPR Mar 2024 210.000 put
PIPR Mar 2024 170.000 call
Piper Sandler: Sponsor Activity Actually Grows
Piper Sandler Companies (PIPR)
Piper Sandler (PIPR) Gets a Buy from Goldman Sachs
Should You Invest in Piper Sandler Companies (PIPR)?
See More Headlines
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Company Calendar

Last Earnings
2/02/2024
Ex-Dividend for 3/15 Dividend
3/01/2024
Dividend Payable
3/15/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Investment Banking & Brokerage
CUSIP
72407810
Employees
1,725
Year Founded
1895

Price Target and Rating

Average Stock Price Target
$181.50
High Stock Price Target
$193.00
Low Stock Price Target
$170.00
Potential Upside/Downside
-7.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$85.49 million
Pretax Margin
9.09%

Debt

Sales & Book Value

Annual Sales
$1.35 billion
Cash Flow
$12.76 per share
Book Value
$73.38 per share

Miscellaneous

Free Float
17,188,000
Market Cap
$3.47 billion
Optionable
Optionable
Beta
1.42

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PIPR Stock Analysis - Frequently Asked Questions

Should I buy or sell Piper Sandler Companies stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Piper Sandler Companies in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PIPR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PIPR, but not buy additional shares or sell existing shares.
View PIPR analyst ratings
or view top-rated stocks.

What is Piper Sandler Companies' stock price target for 2024?

3 Wall Street analysts have issued twelve-month price objectives for Piper Sandler Companies' shares. Their PIPR share price targets range from $170.00 to $193.00. On average, they predict the company's stock price to reach $181.50 in the next twelve months. This suggests that the stock has a possible downside of 6.7%.
View analysts price targets for PIPR
or view top-rated stocks among Wall Street analysts.

How have PIPR shares performed in 2024?

Piper Sandler Companies' stock was trading at $174.87 at the beginning of 2024. Since then, PIPR stock has increased by 11.2% and is now trading at $194.46.
View the best growth stocks for 2024 here
.

Are investors shorting Piper Sandler Companies?

Piper Sandler Companies saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 221,500 shares, a drop of 27.6% from the March 15th total of 305,800 shares. Based on an average trading volume of 96,300 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.3% of the company's shares are short sold.
View Piper Sandler Companies' Short Interest
.

When is Piper Sandler Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our PIPR earnings forecast
.

How can I listen to Piper Sandler Companies' earnings call?

Piper Sandler Companies will be holding an earnings conference call on Friday, April 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Piper Sandler Companies' earnings last quarter?

Piper Sandler Companies (NYSE:PIPR) released its quarterly earnings data on Friday, February, 2nd. The financial services provider reported $4.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.61 by $1.42. The financial services provider earned $457.39 million during the quarter, compared to analysts' expectations of $370.12 million. Piper Sandler Companies had a trailing twelve-month return on equity of 13.27% and a net margin of 6.33%. The company's revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the business posted $3.33 earnings per share.

How often does Piper Sandler Companies pay dividends? What is the dividend yield for Piper Sandler Companies?

Piper Sandler Companies declared a quarterly dividend on Friday, February 2nd. Shareholders of record on Monday, March 4th will be paid a dividend of $0.60 per share on Friday, March 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, March 1st.
Read our dividend analysis for PIPR
.

Is Piper Sandler Companies a good dividend stock?

Piper Sandler Companies (NYSE:PIPR) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.25%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PIPR.

What other stocks do shareholders of Piper Sandler Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Piper Sandler Companies investors own include Chevron (CVX), CVS Health (CVS), Callon Petroleum (CPE), Compass Diversified (CODI-PC), Compass Diversified (CODI-PB), Compass Diversified (CODI-PA), Bristol-Myers Squibb (BMY), ARK Innovation ETF (ARKK) and Abbott Laboratories (ABT).

Who are Piper Sandler Companies' major shareholders?

Piper Sandler Companies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.34%), Raymond James & Associates (0.16%), Oliver Luxxe Assets LLC (0.03%), Wealthcare Advisory Partners LLC (0.01%) and Mather Group LLC. (0.00%). Insiders that own company stock include Chad R Abraham, Chad R Abraham, Chad R Abraham, Chad R Abraham, Debbra L Schoneman, Debbra L Schoneman, John W Geelan, John W Geelan, Jonathan J Doyle and Jonathan J Doyle.
View institutional ownership trends
.

How do I buy shares of Piper Sandler Companies?

Shares of PIPR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PIPR) was last updated on 4/24/2024 by MarketBeat.com Staff

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