NYSE:PJC - Piper Jaffray Companies Stock Price, News, & Analysis

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$78.36 -0.75 (-0.95 %)
(As of 05/19/2019 10:24 AM ET)
Previous Close$78.36
Today's Range$78.24 - $79.97
52-Week Range$61.35 - $82.52
Volume259,599 shs
Average Volume82,665 shs
Market Capitalization$1.12 billion
P/E Ratio12.78
Dividend Yield1.91%
Beta1.37
Piper Jaffray 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 capabilities 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 for customer facilitation and strategic trading purposes. Further, it is involved in the merchant banking activities, which comprise equity investments in late stage private companies, and private equity funds and other firm investments; and operates alternative asset management funds in merchant banking, energy, and senior living to invest firm capital and to manage capital from outside investors. 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. Piper Jaffray Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
CUSIP72407810
Phone612-303-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$800.99 million
Cash Flow$7.1693 per share
Book Value$50.16 per share

Profitability

Net Income$57.04 million

Miscellaneous

Employees1,262
Market Cap$1.12 billion
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable

Piper Jaffray Companies (NYSE:PJC) Frequently Asked Questions

What is Piper Jaffray Companies' stock symbol?

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

How often does Piper Jaffray Companies pay dividends? What is the dividend yield for Piper Jaffray Companies?

Piper Jaffray Companies declared a quarterly dividend on Monday, April 29th. Shareholders of record on Friday, May 24th will be given a dividend of $0.375 per share on Friday, June 14th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Thursday, May 23rd. View Piper Jaffray Companies' Dividend History.

How will Piper Jaffray Companies' stock buyback program work?

Piper Jaffray Companies declared that its board has authorized a share repurchase program on Friday, August 11th 2017, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 17.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were Piper Jaffray Companies' earnings last quarter?

Piper Jaffray Companies (NYSE:PJC) posted its quarterly earnings data on Friday, April, 26th. The financial services provider reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.37. The financial services provider had revenue of $191.83 million for the quarter, compared to analysts' expectations of $174.65 million. Piper Jaffray Companies had a return on equity of 11.62% and a net margin of 7.16%. View Piper Jaffray Companies' Earnings History.

When is Piper Jaffray Companies' next earnings date?

Piper Jaffray Companies is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Piper Jaffray Companies.

Has Piper Jaffray Companies been receiving favorable news coverage?

News coverage about PJC stock has trended positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Piper Jaffray Companies earned a coverage optimism score of 2.2 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Piper Jaffray Companies' key competitors?

What other stocks do shareholders of Piper Jaffray Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Piper Jaffray Companies investors own include CVS Health (CVS), Marks and Spencer Group (MKS), PepsiCo (PEP), Seagate Technology (STX), Bank of America (BAC), Citigroup (C), Copa (CPA), Walt Disney (DIS), Freeport-McMoRan (FCX) and General Motors (GM).

Who are Piper Jaffray Companies' key executives?

Piper Jaffray Companies' management team includes the folowing people:
  • Mr. Chad R. Abraham, CEO & Director (Age 50)
  • Ms. Debbra Lynn Schoneman, Pres, MD & Director (Age 50)
  • Mr. Timothy Lee Carter, Chief Financial Officer (Age 52)
  • Mr. Scott Larue, MD & Global Co-Head of Investment Banking & Capital Markets (Age 58)
  • Mr. John W. Geelan, Gen. Counsel & Sec. (Age 43)

Who are Piper Jaffray Companies' major shareholders?

Piper Jaffray Companies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.07%), Dimensional Fund Advisors LP (4.22%), Renaissance Technologies LLC (3.15%), Principal Financial Group Inc. (2.36%), Victory Capital Management Inc. (2.02%) and Systematic Financial Management LP (1.62%). Company insiders that own Piper Jaffray Companies stock include Andrew S Duff, Christopher D Crawshaw, Francis E Iv Fairman, Martin Bradley Winges and Thomas Gregory Smith. View Institutional Ownership Trends for Piper Jaffray Companies.

Which major investors are selling Piper Jaffray Companies stock?

PJC stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, BlackRock Inc., Kennedy Capital Management Inc., JPMorgan Chase & Co., Hartline Investment Corp, Parametric Portfolio Associates LLC, Renaissance Technologies LLC and Principal Financial Group Inc.. View Insider Buying and Selling for Piper Jaffray Companies.

Which major investors are buying Piper Jaffray Companies stock?

PJC stock was acquired by a variety of institutional investors in the last quarter, including PRW Wealth Management LLC, Assenagon Asset Management S.A., Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., Jefferies Group LLC, Hsbc Holdings PLC, Charles Schwab Investment Management Inc. and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Piper Jaffray Companies.

How do I buy shares of Piper Jaffray Companies?

Shares of PJC 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, Scottrade, Fidelity and Charles Schwab.

What is Piper Jaffray Companies' stock price today?

One share of PJC stock can currently be purchased for approximately $78.36.

How big of a company is Piper Jaffray Companies?

Piper Jaffray Companies has a market capitalization of $1.12 billion and generates $800.99 million in revenue each year. The financial services provider earns $57.04 million in net income (profit) each year or $6.13 on an earnings per share basis. Piper Jaffray Companies employs 1,262 workers across the globe.

What is Piper Jaffray Companies' official website?

The official website for Piper Jaffray Companies is http://www.piperjaffray.com.

How can I contact Piper Jaffray Companies?

Piper Jaffray Companies' mailing address is 800 NICOLLET MALL SUITE 1000, MINNEAPOLIS MN, 55402. The financial services provider can be reached via phone at 612-303-6000 or via email at [email protected]


MarketBeat Community Rating for Piper Jaffray Companies (NYSE PJC)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  265 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  673
MarketBeat's community ratings are surveys of what our community members think about Piper Jaffray Companies and other stocks. Vote "Outperform" if you believe PJC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PJC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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