NYSE:PIPR Piper Sandler Companies (PIPR) Stock Forecast, Price & News $144.15 -1.08 (-0.74%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$144.13▼$146.8150-Day Range$136.51▼$152.7452-Week Range$102.73▼$162.20Volume67,505 shsAverage Volume85,201 shsMarket Capitalization$2.56 billionP/E Ratio29.78Dividend Yield1.66%Price Target$164.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Piper Sandler Companies MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.8% Upside$164.00 Price TargetShort InterestHealthy1.80% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.12Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth30.95%From $7.82 to $10.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.58 out of 5 starsFinance Sector318th out of 845 stocksSecurity Brokers & Dealers Industry11th out of 25 stocks 2.5 Analyst's Opinion Consensus RatingPiper Sandler Companies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $164.00, Piper Sandler Companies has a forecasted upside of 13.8% from its current price of $144.15.Amount of Analyst CoveragePiper Sandler Companies has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.80% of the float of Piper Sandler Companies has been sold short.Short Interest Ratio / Days to CoverPiper Sandler Companies has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Piper Sandler Companies has recently increased by 70.22%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPiper Sandler Companies pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPiper Sandler Companies has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Piper Sandler Companies is 49.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Piper Sandler Companies will have a dividend payout ratio of 23.44% next year. This indicates that Piper Sandler Companies will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PIPR. Previous Next 2.3 News and Social Media Coverage News SentimentPiper Sandler Companies has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Piper Sandler Companies this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Piper Sandler Companies to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Piper Sandler Companies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.32% of the stock of Piper Sandler Companies is held by insiders.Percentage Held by Institutions67.23% of the stock of Piper Sandler Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Piper Sandler Companies are expected to grow by 30.95% in the coming year, from $7.82 to $10.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Piper Sandler Companies is 29.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Piper Sandler Companies is 29.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 64.84.Price to Book Value per Share RatioPiper Sandler Companies has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Piper Sandler Companies (NYSE:PIPR) StockPiper 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 and institutional sales, trading, and research services for various equity and fixed income products. The company provides advisory services, such as mergers and acquisitions, equity private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. It also offers 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, and transportation sectors. In addition, the company provides 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.Read More PIPR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PIPR Stock News HeadlinesSeptember 23, 2023 | americanbankingnews.comQ3 2023 Earnings Estimate for Piper Sandler Companies Issued By Northland Capmk (NYSE:PIPR)September 18, 2023 | finance.yahoo.comPiper Sandler Strengthens Equity Sales and Trading with Additions of Brent Robbins and Alan BrodskySeptember 24, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 12, 2023 | bizjournals.comPiper Sandler CFO Tim Carter retiring, Kate Clune named successorSeptember 12, 2023 | finance.yahoo.comPiper Sandler Announces Tim Carter’s Retirement and Appointment of Kate Clune as Chief Financial OfficerSeptember 11, 2023 | seekingalpha.comPiper Sandler: Unexpected Banking WeaknessAugust 27, 2023 | finance.yahoo.comPiper Sandler Companies (NYSE:PIPR) is largely controlled by institutional shareholders who own 81% of the companyAugust 2, 2023 | msn.comPiper Sandler Co`s (PIPR) Price Target Increased by 5.61% to 163.20September 24, 2023 | Altimetry (Ad)Pentagon Consultant—Here's how Biden Wins Landslide Re-election—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,July 31, 2023 | finance.yahoo.comPiper Sandler Companies (NYSE:PIPR) Is Paying Out A Dividend Of $0.60July 28, 2023 | msn.comPiper Sandler Companies (PIPR) Q2 Earnings and Revenues Surpass EstimatesJuly 28, 2023 | finance.yahoo.comPiper Sandler Companies Reports Second Quarter 2023 Results; Declares Quarterly Dividend of $0.60 Per ShareJuly 20, 2023 | finance.yahoo.comPiper Sandler Companies (PIPR) stock forecast and price targetJuly 18, 2023 | finance.yahoo.comPiper Sandler Companies to Hold Management Conference Call to Discuss Second Quarter 2023 ResultsJuly 10, 2023 | msn.comJMP Securities Maintains Piper Sandler Co`s (PIPR) Market Outperform RecommendationJuly 10, 2023 | markets.businessinsider.comJMP Securities Maintains Market Outperform Rating for Piper Sandler: Here's What You Need To KnowJuly 8, 2023 | finance.yahoo.comPIPR - Piper Sandler CompaniesJuly 6, 2023 | msn.comPiper Sandler Upgrades Hanover Insurance Group (THG)June 25, 2023 | 247wallst.comPiper Sandler Downgrades DigitalOceanJune 20, 2023 | msn.comPiper Sandler: Some Pickup From Distress In Financial ServicesJune 14, 2023 | finance.yahoo.comShould You Consider Adding Piper Sandler Companies (PIPR) to Your Portfolio?June 3, 2023 | finance.yahoo.comThose who invested in Piper Sandler Companies (NYSE:PIPR) three years ago are up 115%May 30, 2023 | finance.yahoo.comPiper Sandler Continues to Grow Fixed Income Team with Additions of Ervin Pilku and Alex MaldonadoMay 4, 2023 | msn.comPiper Sandler Co`s (PIPR) Declares $0.60 DividendMay 3, 2023 | msn.comJMP Securities Reiterates Piper Sandler Co`s (PIPR) Market Outperform RecommendationMay 3, 2023 | markets.businessinsider.comExpert Ratings for Piper SandlerMay 2, 2023 | finance.yahoo.comPiper Sandler Companies Reports First Quarter 2023 Results; Declares Quarterly Dividend of $0.60 Per ShareSee More Headlines Receive PIPR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Piper Sandler Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address PIPR Company Calendar Last Earnings7/28/2023Ex-Dividend for 9/8 Dividend8/24/2023Dividend Payable9/08/2023Today9/24/2023Next Earnings (Estimated)10/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Security brokers & dealers Sub-IndustryN/A SectorFinance Current SymbolNYSE:PIPR CUSIPN/A CIK1230245 Webwww.piperjaffray.com Phone(612) 303-6000Fax612-342-6996Employees1,790Year FoundedN/APrice Target and Rating Average Stock Price Forecast$164.00 High Stock Price Forecast$172.00 Low Stock Price Forecast$150.00 Forecasted Upside/Downside+13.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.84 Trailing P/E Ratio29.78 Forward P/E Ratio18.43 P/E GrowthN/ANet Income$110.67 million Net Margins6.27% Pretax Margin7.76% Return on Equity13.20% Return on Assets8.19% Debt Debt-to-Equity Ratio0.10 Current Ratio1.31 Quick Ratio0.50 Sales & Book Value Annual Sales$1.43 billion Price / Sales1.79 Cash Flow$13.55 per share Price / Cash Flow10.64 Book Value$70.32 per share Price / Book2.05Miscellaneous Outstanding Shares17,750,000Free Float17,160,000Market Cap$2.56 billion OptionableOptionable Beta1.37 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Chad R. Abraham (Age 54)Chairman & CEO Comp: $5.02MMr. Jonathan Jay Doyle (Age 58)Vice Chairman, Sr. Managing Principal & Head of Financial Services Group Comp: $5.18MMr. Timothy Lee Carter (Age 56)MD & CFO Comp: $1.69MMr. Michael DillahuntGlobal Co-Head of Investment Banking & Capital MarketsMr. James P. Baker (Age 55)MD and Global Co-Head of Investment Banking & Capital Markets Comp: $2.83MMs. Debbra Lynn Schoneman (Age 54)Pres & MD Mr. Shawn QuantMD and Chief Information & Operations OfficerMr. Michael Jared Kantrowitz C.F.A.Chief Investment Strategist & Head of Portfolio StrategiesMr. John W. Geelan (Age 47)MD, Gen. Counsel & Sec. Ms. Christine N. Esckilsen (Age 54)Chief Human Capital Officer & MD More ExecutivesKey CompetitorsCredit Suisse GroupNYSE:CSVirtu FinancialNASDAQ:VIRTNavientNASDAQ:NAVIPiper Jaffray CompaniesNYSE:PJCWisdomTreeNYSE:WTView All CompetitorsInsiders & InstitutionsWolverine Trading LLCSold 400 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 52,484 shares on 8/22/2023Ownership: 0.296%Virginia Retirement Systems ET ALBought 6,700 shares on 8/22/2023Ownership: 0.038%California State Teachers Retirement SystemSold 731 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 200 shares on 8/21/2023Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions PIPR Stock - 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 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PIPR shares. View PIPR analyst ratings or view top-rated stocks. What is Piper Sandler Companies' stock price forecast for 2023? 3 brokers have issued 1-year target prices for Piper Sandler Companies' shares. Their PIPR share price forecasts range from $150.00 to $172.00. On average, they predict the company's share price to reach $164.00 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View analysts price targets for PIPR or view top-rated stocks among Wall Street analysts. How have PIPR shares performed in 2023? Piper Sandler Companies' stock was trading at $130.19 at the start of the year. Since then, PIPR shares have increased by 10.7% and is now trading at $144.15. View the best growth stocks for 2023 here. Are investors shorting Piper Sandler Companies? Piper Sandler Companies saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 308,100 shares, an increase of 70.2% from the August 15th total of 181,000 shares. Based on an average trading volume of 113,200 shares, the short-interest ratio is currently 2.7 days. Approximately 1.8% of the company's shares are sold short. 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, October 27th 2023. View our PIPR earnings forecast. How were Piper Sandler Companies' earnings last quarter? Piper Sandler Companies (NYSE:PIPR) issued its quarterly earnings results on Friday, July, 28th. The company reported $1.13 EPS for the quarter, missing the consensus estimate of $1.18 by $0.05. The company had revenue of $288.73 million for the quarter, compared to the consensus estimate of $274.01 million. Piper Sandler Companies had a trailing twelve-month return on equity of 13.20% and a net margin of 6.27%. The firm's revenue for the quarter was down 18.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.47 earnings per share. How often does Piper Sandler Companies pay dividends? What is the dividend yield for Piper Sandler Companies? Piper Sandler Companies announced a quarterly dividend on Friday, July 28th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.60 per share on Friday, September 8th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Thursday, August 24th. Read our dividend analysis for PIPR. What ETFs hold Piper Sandler Companies' stock? ETFs with the largest weight of Piper Sandler Companies (NYSE:PIPR) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), Nuveen Small Cap Select ETF (NSCS), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Vident Core U.S. Equity Fund (VUSE) and Avantis U.S. Small Cap Equity ETF (AVSC). 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 1.66%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 49.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PIPR will have a dividend payout ratio of 23.44% next year. This indicates that the company will be able to sustain or increase its dividend. 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), Cheniere Energy Partners (CQP), 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). What is Piper Sandler Companies' stock symbol? Piper Sandler Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "PIPR." Who are Piper Sandler Companies' major shareholders? Piper Sandler Companies' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.64%), State Street Corp (3.36%), Westwood Holdings Group Inc. (3.08%), Dimensional Fund Advisors LP (2.80%), Stephens Investment Management Group LLC (2.52%) and Geode Capital Management LLC (1.73%). Insiders that own company stock include Chad R Abraham, Chad R Abraham, John W Geelan 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Piper Sandler Companies' stock price today? One share of PIPR stock can currently be purchased for approximately $144.15. How much money does Piper Sandler Companies make? Piper Sandler Companies (NYSE:PIPR) has a market capitalization of $2.56 billion and generates $1.43 billion in revenue each year. The company earns $110.67 million in net income (profit) each year or $4.84 on an earnings per share basis. How many employees does Piper Sandler Companies have? The company employs 1,790 workers across the globe. How can I contact Piper Sandler Companies? Piper Sandler Companies' mailing address is 800 NICOLLET MALL SUITE 1000, MINNEAPOLIS MN, 55402. The official website for the company is www.piperjaffray.com. The company can be reached via phone at (612) 303-6000, via email at timothy.l.carter@pjc.com, or via fax at 612-342-6996. This page (NYSE:PIPR) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Piper Sandler Companies Please log in to your account or sign up in order to add this asset to your watchlist. 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