Piper Sandler Companies - PIPR Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Piper Sandler Companies in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PIPR shares.
View PIPR analyst ratings or view top-rated stocks.

2 brokers have issued 12 month price objectives for Piper Sandler Companies' stock. Their PIPR share price forecasts range from $132.00 to $178.00. On average, they predict the company's share price to reach $161.67 in the next twelve months. This suggests a possible upside of 41.2% from the stock's current price.
View analysts price targets for PIPR or view top-rated stocks among Wall Street analysts.

Piper Sandler Companies' stock was trading at $178.51 at the beginning of 2022. Since then, PIPR stock has decreased by 35.8% and is now trading at $114.52.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our PIPR earnings forecast.

Piper Sandler Companies (NYSE:PIPR) posted its earnings results on Friday, July, 29th. The company reported $2.47 earnings per share for the quarter, beating analysts' consensus estimates of $2.29 by $0.18. The company earned $354.55 million during the quarter, compared to analysts' expectations of $334.02 million. Piper Sandler Companies had a trailing twelve-month return on equity of 27.86% and a net margin of 12.06%.

Piper Sandler Companies announced a quarterly dividend on Monday, August 1st. Investors of record on Friday, August 26th will be given a dividend of $0.60 per share on Friday, September 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend is Thursday, August 25th.
Read our dividend analysis for PIPR.

Piper Sandler Companies (NYSE:PIPR) pays an annual dividend of $2.40 per share and currently has a dividend yield of 2.06%. 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 19.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PIPR will have a dividend payout ratio of 18.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PIPR.

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).

Piper Sandler Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "PIPR."

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.
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One share of PIPR stock can currently be purchased for approximately $114.52.

Piper Sandler Companies (NYSE:PIPR) has a market capitalization of $2.00 billion and generates $2.03 billion in revenue each year. The company earns $278.51 million in net income (profit) each year or $12.60 on an earnings per share basis.

The company employs 1,665 workers across the globe.

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.