Piper Sandler Companies Stock Price, News & Analysis (NYSE:PIPR) $161.88 +3.68 (+2.33%) (As of 12/4/2023 09:04 PM ET) Add Compare Share Share Today's Range$158.91▼$162.7750-Day Range$139.84▼$162.1152-Week Range$120.97▼$162.77Volume115,600 shsAverage Volume101,333 shsMarket Capitalization$2.87 billionP/E Ratio38.63Dividend Yield1.48%Price Target$164.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Piper Sandler Companies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside1.3% Upside$164.00 Price TargetShort InterestBearish2.28% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth31.11%From $7.81 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.2.22 out of 5 starsFinance Sector402nd out of 822 stocksSecurity Brokers & Dealers Industry17th out of 28 stocks 1.5 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 1.3% from its current price of $161.88.Amount of Analyst CoveragePiper Sandler Companies has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.28% 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 5.Change versus previous monthShort interest in Piper Sandler Companies has recently increased by 3.98%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPiper Sandler Companies pays a meaningful dividend of 1.52%, 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 57.28%. 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 3.0 News and Social Media Coverage News SentimentPiper Sandler Companies has a news sentiment score of 1.45. 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 higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article 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 3.30% 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 31.11% in the coming year, from $7.81 to $10.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Piper Sandler Companies is 38.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Piper Sandler Companies is 38.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.77.Price to Book Value per Share RatioPiper Sandler Companies has a P/B Ratio of 2.30. 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 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 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PIPR Stock News HeadlinesDecember 4, 2023 | msn.comPiper Sandler Downgrades Immunogen (IMGN)November 27, 2023 | finance.yahoo.comPiper Sandler Strengthens Healthcare Investment Banking Team with the Addition of Brandon RiceDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 24, 2023 | morningstar.comPiper Sandler Cos PIPRNovember 14, 2023 | seekingalpha.comPiper Sandler: Not Snapping Back In AdvisoryOctober 29, 2023 | finance.yahoo.comPiper Sandler Companies (NYSE:PIPR) Q3 2023 Earnings Call TranscriptOctober 27, 2023 | finance.yahoo.comPiper Sandler Cos (PIPR) Reports Q3 2023 Earnings and Declares Quarterly DividendOctober 27, 2023 | finance.yahoo.comPiper Sandler Companies Reports Third Quarter 2023 Results; Declares Quarterly Dividend of $0.60 Per ShareDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 18, 2023 | cnbc.comPiper Sandler names its 'highest conviction' large-cap stock to own into the year-endOctober 17, 2023 | businesswire.comPiper Sandler Companies to Hold Management Conference Call to Discuss Third Quarter 2023 ResultsOctober 16, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Repare Therapeutics (RPTX)October 13, 2023 | markets.businessinsider.comPiper Sandler Sticks to Their Buy Rating for Domino’s Pizza (DPZ)October 10, 2023 | bizjournals.comTeen spending drops as worries about inflation rise, Piper Sandler report saysOctober 10, 2023 | businesswire.comPiper Sandler Completes 46 th Semi-Annual Generation Z Survey of 9,193 U.S. TeensOctober 10, 2023 | finance.yahoo.comPiper Sandler Completes 46th Semi-Annual Generation Z Survey of 9,193 U.S. TeensOctober 4, 2023 | thestreet.comMcDonald's Is Downgraded, Price Target Cut After Firing of CEO EasterbookSeptember 25, 2023 | finance.yahoo.comPiper Sandler Appoints Dustin Avey and Jeremy Gerber as Co-Heads of Public FinanceSeptember 18, 2023 | finance.yahoo.comPiper Sandler Strengthens Equity Sales and Trading with Additions of Brent Robbins and Alan BrodskySeptember 16, 2023 | thestreet.com3 Gun Stocks: Buy, Sell or Hold?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 WeaknessSeptember 10, 2023 | cbsnews.comCompanies offer student loan relief for new hiresSeptember 2, 2023 | thestreet.comWhy FMC Corporation (FMC) Is Down TodayAugust 27, 2023 | finance.yahoo.comPiper Sandler Companies (NYSE:PIPR) is largely controlled by institutional shareholders who own 81% of the companyAugust 26, 2023 | startribune.comSandford Rex McDonaldSee 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 Company Calendar Ex-Dividend for 9/8 Dividend8/24/2023Dividend Payable9/08/2023Last Earnings10/27/2023Ex-Dividend for 12/8 Dividend11/20/2023Today12/04/2023Dividend Payable12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/02/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Security brokers & dealers Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNYSE:PIPR CUSIP72407810 CIK1230245 Webwww.piperjaffray.com Phone(612) 303-6000Fax612-342-6996Employees1,790Year Founded1895Price Target and Rating Average Stock Price Target$164.00 High Stock Price Target$172.00 Low Stock Price Target$150.00 Potential Upside/Downside+1.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.19 Trailing P/E Ratio38.63 Forward P/E Ratio20.73 P/E GrowthN/ANet Income$110.67 million Net Margins5.64% Pretax Margin6.25% Return on Equity12.38% Return on Assets7.80% Debt Debt-to-Equity Ratio0.10 Current Ratio1.33 Quick Ratio0.63 Sales & Book Value Annual Sales$1.43 billion Price / Sales2.01 Cash Flow$13.87 per share Price / Cash Flow11.67 Book Value$70.32 per share Price / Book2.30Miscellaneous Outstanding Shares17,710,000Free Float17,126,000Market Cap$2.87 billion OptionableOptionable Beta1.35 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Chad R. Abraham (Age 54)Chairman & CEO Comp: $5.02MMr. Jonathan Jay Doyle (Age 58)Vice Chairman, Senior 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)President & MD Comp: $3.08MMr. 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, General Counsel & Secretary Comp: $686.24kMs. Christine N. Esckilsen (Age 54)Chief Human Capital Officer & MD More ExecutivesKey CompetitorsStifel FinancialNYSE:SFCredit Suisse GroupNYSE:CSVirtu FinancialNASDAQ:VIRTNavientNASDAQ:NAVIWisdomTreeNYSE:WTView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Sold 94,963 shares on 11/30/2023Ownership: 0.159%Deutsche Bank AGBought 991 shares on 11/24/2023Ownership: 0.053%Public Sector Pension Investment BoardSold 7,634 shares on 11/22/2023Ownership: 0.105%Comerica BankSold 43,682 shares on 11/21/2023Ownership: 0.050%Creative PlanningBought 737 shares on 11/16/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions PIPR Stock Analysis - Frequently Asked Questions Should I buy or sell Piper Sandler Companies stock right now? 3 Wall Street equities research 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 equities research analysts is that investors should "buy" PIPR shares. View PIPR analyst ratings or view top-rated stocks. What is Piper Sandler Companies' stock price target for 2024? 3 equities research analysts have issued twelve-month target prices for Piper Sandler Companies' shares. Their PIPR share price targets range from $150.00 to $172.00. On average, they expect the company's stock price to reach $164.00 in the next twelve months. This suggests a possible upside of 1.3% 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 on January 1st, 2023. Since then, PIPR shares have increased by 24.3% and is now trading at $161.88. View the best growth stocks for 2023 here. Are investors shorting Piper Sandler Companies? Piper Sandler Companies saw a increase in short interest in October. As of October 31st, there was short interest totaling 374,400 shares, an increase of 24.3% from the October 15th total of 301,100 shares. Based on an average daily volume of 78,900 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.2% of the company's stock 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, February 2nd 2024. View our PIPR earnings forecast. How were Piper Sandler Companies' earnings last quarter? Piper Sandler Companies (NYSE:PIPR) posted its quarterly earnings data on Friday, October, 27th. The financial services provider reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.70 by $0.06. The financial services provider had revenue of $289.49 million for the quarter, compared to analyst estimates of $295.40 million. Piper Sandler Companies had a net margin of 5.64% and a trailing twelve-month return on equity of 12.38%. 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, October 27th. Investors of record on Tuesday, November 21st will be paid a dividend of $0.60 per share on Friday, December 8th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Monday, November 20th. 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 1.52%. 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 57.28%. 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 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). 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). Who are Piper Sandler Companies' major shareholders? Piper Sandler Companies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Lord Abbett & CO. LLC (1.46%), North Reef Capital Management LP (1.38%), Invesco Ltd. (1.27%), Northern Trust Corp (1.04%), Charles Schwab Investment Management Inc. (1.02%) and Bank of New York Mellon Corp (1.00%). Insiders that own company stock include Chad R Abraham, Chad R Abraham, Chad R Abraham, Chad R Abraham, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:PIPR) was last updated on 12/5/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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