NYSE:PIPR Piper Sandler Companies (PIPR) Stock Forecast, Price & News $136.41 +0.09 (+0.07%) (As of 01:26 PM ET) Add Compare Share Share Today's Range$135.28▼$138.1150-Day Range$123.52▼$141.7952-Week Range$102.60▼$162.20Volume19,410 shsAverage Volume105,694 shsMarket Capitalization$2.42 billionP/E Ratio23.24Dividend Yield1.76%Price Target$157.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Piper Sandler Companies MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside14.2% Upside$157.00 Price TargetShort InterestHealthy1.28% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based on 3 Articles This WeekInsider TradingSelling Shares$2.16 M Sold Last QuarterProj. Earnings GrowthN/ASee 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.2.27 out of 5 starsFinance Sector537th out of 863 stocksSecurity Brokers & Dealers Industry15th out of 25 stocks 2.4 Analyst's Opinion Consensus RatingPiper Sandler Companies has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $157.00, Piper Sandler Companies has a forecasted upside of 14.2% from its current price of $137.45.Amount of Analyst CoveragePiper Sandler Companies has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.28% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Piper Sandler Companies has recently decreased by 2.40%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldPiper Sandler Companies pays a meaningful dividend of 1.81%, 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 40.89%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PIPR. Previous Next 2.6 News and Social Media Coverage News SentimentPiper Sandler Companies has a news sentiment score of 0.70. 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 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Piper Sandler Companies this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for PIPR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Piper Sandler Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Piper Sandler Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,156,042.00 in company stock.Percentage Held by InsidersOnly 3.32% of the stock of Piper Sandler Companies is held by insiders.Percentage Held by Institutions64.00% 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Piper Sandler Companies is 23.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Piper Sandler Companies is 23.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.24.Price to Book Value per Share RatioPiper Sandler Companies has a P/B Ratio of 1.95. 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 Cos. engages in the provision of investment banking and institutional securities services. It offers financial advisory services, equity and debt capital markets products, public finance services, equity research and institutional brokerage, fixed income services, and private equity strategies. The company was founded in 1895 and is headquartered in Minneapolis, MN.Read More 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 Stock News HeadlinesJune 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 MaldonadoJune 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 25, 2023 | americanbankingnews.comInsider Selling: Piper Sandler Companies (NYSE:PIPR) CEO Sells 100 Shares of StockMay 25, 2023 | americanbankingnews.comChad R. Abraham Sells 2,223 Shares of Piper Sandler Companies (NYSE:PIPR) StockMay 24, 2023 | americanbankingnews.comPiper Sandler Companies (NYSE:PIPR) Announces $0.60 Quarterly DividendMay 8, 2023 | americanbankingnews.comPiper Sandler Companies (NYSE:PIPR) CEO Sells $1,597,123.20 in StockMay 5, 2023 | americanbankingnews.comNorthland Capmk Equities Analysts Lower Earnings Estimates for Piper Sandler Companies (NYSE:PIPR)June 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...May 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 ShareMay 1, 2023 | finance.yahoo.comPiper Sandler Expands Restructuring Investment Banking Team with the Addition of Sam KarotkinApril 25, 2023 | finance.yahoo.comAnalysts Estimate Piper Sandler Companies (PIPR) to Report a Decline in Earnings: What to Look Out forApril 25, 2023 | americanbankingnews.comPiper Sandler Companies (PIPR) Set to Announce Earnings on TuesdayApril 22, 2023 | wsj.comPiper Sandler Cos.April 17, 2023 | finance.yahoo.comPiper Sandler Expands Consumer Equity Research Group with Addition of Brian MullanApril 14, 2023 | finance.yahoo.comPiper Sandler Companies to Hold Management Conference Call to Discuss First Quarter 2023 ResultsApril 11, 2023 | americanbankingnews.comPiper Sandler Companies (NYSE:PIPR) Given New $174.00 Price Target at JMP SecuritiesApril 10, 2023 | msn.comJMP Securities Maintains Piper Sandler Companies (PIPR) Market Outperform RecommendationApril 10, 2023 | seekingalpha.comPiper Sandler: Quality Business With No UpsideApril 5, 2023 | finance.yahoo.comPiper Sandler Continues to Grow Real Estate Team with the Additions of Peter Fish and Mark StiermanApril 5, 2023 | seekingalpha.comPiper Sandler: Strong Association With Depository ClientsApril 4, 2023 | finance.yahoo.comPiper Sandler Completes 45th Semi-Annual Generation Z Survey of 5,690 U.S. TeensApril 3, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Evercore and Piper Sandler CompaniesApril 1, 2023 | seekingalpha.comPiper Sandler (PIPR) Investor Presentation - SlideshowSee More Headlines PIPR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PIPR Company Calendar Ex-Dividend for 3/17 Dividend3/02/2023Dividend Payable3/17/2023Last Earnings5/02/2023Ex-Dividend for 6/9 Dividend5/25/2023Today6/09/2023Dividend Payable6/09/2023Next Earnings (Estimated)8/04/2023Fiscal 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$157.00 High Stock Price Forecast$174.00 Low Stock Price Forecast$132.00 Forecasted Upside/Downside+15.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$5.87 Trailing P/E Ratio23.25 Forward P/E Ratio15.40 P/E GrowthN/ANet Income$110.67 million Net Margins7.25% Pretax Margin9.06% Return on Equity15.38% Return on Assets9.38% Debt Debt-to-Equity Ratio0.10 Current Ratio1.41 Quick Ratio0.39 Sales & Book Value Annual Sales$1.43 billion Price / Sales1.70 Cash Flow$13.47 per share Price / Cash Flow10.13 Book Value$70.32 per share Price / Book1.94Miscellaneous Outstanding Shares17,740,000Free Float17,153,000Market Cap$2.42 billion OptionableOptionable Beta1.37 Key ExecutivesChad Richard AbrahamChairman & Chief Executive OfficerDebbra L. SchonemanPresident & Managing DirectorShawn QuantCOO, Chief Information Officer & Managing DirectorTimothy L. CarterChief Financial Officer & Managing DirectorThomas Patrick SchnettlerVice Chairman & MD-Merchant Banking GroupKey CompetitorsNavientNASDAQ:NAVICredit Suisse GroupNYSE:CSVirtu FinancialNASDAQ:VIRTPiper Jaffray CompaniesNYSE:PJCWisdomTreeNYSE:WTView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 229 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Sold 3,391 shares on 5/22/2023Ownership: 0.297%Chad R AbrahamSold 2,223 sharesTotal: $289,590.21 ($130.27/share)Putnam Investments LLCSold 98 shares on 5/22/2023Ownership: 0.014%JPMorgan Chase & Co.Bought 36,557 shares on 5/18/2023Ownership: 0.502%View All Insider TransactionsView All Institutional Transactions PIPR Stock - Frequently Asked Questions Should I buy or sell Piper Sandler Companies stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Piper Sandler Companies in the last twelve months. There are currently 1 hold rating and 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 forecast for 2023? 4 equities research analysts have issued 12 month price targets for Piper Sandler Companies' shares. Their PIPR share price forecasts range from $132.00 to $174.00. On average, they expect the company's stock price to reach $157.00 in the next year. This suggests a possible upside of 15.1% 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 beginning of the year. Since then, PIPR stock has increased by 4.8% and is now trading at $136.45. View the best growth stocks for 2023 here. When is Piper Sandler Companies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 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 Tuesday, May, 2nd. The company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.96. The firm earned $290.24 million during the quarter, compared to analyst estimates of $299.34 million. Piper Sandler Companies had a net margin of 7.25% and a trailing twelve-month return on equity of 15.38%. The business's quarterly revenue was down 19.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.12 EPS. 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 Tuesday, May 2nd. Shareholders of record on Friday, May 26th will be given a dividend of $0.60 per share on Friday, June 9th. This represents a $2.40 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Thursday, May 25th. 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), Invesco DWA Financial Momentum ETF (PFI), 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), Invesco S&P SmallCap Quality ETF (XSHQ) and First Trust Multi-Manager Small Cap Opportunities ETF (MMSC). 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 1.75%. 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 40.89%. 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), 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 investors include BlackRock Inc. (13.55%), State Street Corp (3.23%), Dimensional Fund Advisors LP (2.73%), Stephens Investment Management Group LLC (2.46%), GW&K Investment Management LLC (2.46%) and Geode Capital Management LLC (1.68%). 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 $136.45. How much money does Piper Sandler Companies make? Piper Sandler Companies (NYSE:PIPR) has a market capitalization of $2.42 billion and generates $1.43 billion in revenue each year. The company earns $110.67 million in net income (profit) each year or $5.87 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 6/9/2023 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. 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