Piper Sandler Companies operates as an investment bank and asset management firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company's Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It raises capital through equity and debt financings; provides advisory services related to mergers and acquisitions, equity private placements, and debt and restructuring advisory for corporate clients; underwrites debt issuances; and offers 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, and transportation sectors. In addition, this segment offers equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities; and engages in trading activities. Further, it is involved in the merchant banking activities, which comprise equity investments in private companies, private equity funds, and other firm investments; and operates alternative asset management funds in merchant banking, energy, and senior living areas. The company's Asset Management segment provides asset management services with product offerings in equity securities and master limited partnerships to institutions and individuals through separately managed accounts, and open-end and closed-end funds. 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.
Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone612-303-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$846.30 million
Profitability
Miscellaneous
Employees1,262
Next Earnings DateN/A
OptionableOptionable
Piper Sandler Companies (NYSE:PIPR) Frequently Asked Questions
What is Piper Sandler Companies' stock symbol?
Piper Sandler Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "PIPR."
How were Piper Sandler Companies' earnings last quarter?
Piper Sandler Companies (NYSE:PIPR) released its earnings results on Friday, January, 31st. The company reported $2.89 EPS for the quarter, topping analysts' consensus estimates of $1.80 by $1.09. The company had revenue of $280.30 million for the quarter, compared to the consensus estimate of $224.40 million. Piper Sandler Companies had a return on equity of 14.18% and a net margin of 12.86%. View Piper Sandler Companies' Earnings History.
What price target have analysts set for PIPR?
1 analysts have issued 1 year target prices for Piper Sandler Companies' stock. Their forecasts range from $87.00 to $87.00. On average, they anticipate Piper Sandler Companies' stock price to reach $87.00 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Piper Sandler Companies.
What is the consensus analysts' recommendation for Piper Sandler Companies?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Piper Sandler Companies in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Piper Sandler Companies.
Has Piper Sandler Companies been receiving favorable news coverage?
Media headlines about PIPR stock have been trending very negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Piper Sandler Companies earned a news impact score of -3.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Piper Sandler Companies.
Who are some of Piper Sandler Companies' key competitors?
Some companies that are related to Piper Sandler Companies include Stifel Financial (SF), Virtu Financial (VIRT), Navient (NAVI), Future Healthcare of America (FUTU), Futu (FHL), Piper Jaffray Companies (PJC), Waddell & Reed Financial (WDR), Freedom (FRHC), Associated Capital Group (AC), Wisdom Tree Investments (WETF), Cowen (COWN), Gamco Investors (GBL), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL) and Siebert Financial (SIEB).
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 United Rentals (URI), Tsakos Energy Navigation (TNP.PF), Tsakos Energy Navigation Ltd. Preferred Shares Series E (TNP.PE), Eaton Vance Tax-Managed Global Dive Eq (EXG), Eaton Vance Tax-Managed Global Buy-Write (ETW), Danaher (DHR), CVS Health (CVS), Compass Diversified (CODI), Bristol-Myers Squibb (BMY) and Woodward, Inc.Common Stock (WWD).
How do I buy shares of Piper Sandler Companies?
Shares of PIPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Piper Sandler Companies' stock price today?
One share of PIPR stock can currently be purchased for approximately $76.05.
How big of a company is Piper Sandler Companies?
Piper Sandler Companies has a market capitalization of $1.09 billion and generates $846.30 million in revenue each year. The company earns $111.71 million in net income (profit) each year or $7.36 on an earnings per share basis. Piper Sandler Companies employs 1,262 workers across the globe.View Additional Information About Piper Sandler Companies.
What is Piper Sandler Companies' official website?
How can I contact Piper Sandler Companies?
Piper Sandler Companies' mailing address is 800 NICOLLET MALL SUITE 1000, MINNEAPOLIS MN, 55402. The company can be reached via phone at 612-303-6000 or via email at [email protected]
MarketBeat Community Rating for Piper Sandler Companies (NYSE PIPR)
MarketBeat's community ratings are surveys of what our community members think about Piper Sandler Companies and other stocks. Vote "Outperform" if you believe PIPR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PIPR will underperform the S&P 500 over the long term. You may vote once every thirty days.
