About Piper Jaffray Companies (NYSE:PJC)
Piper Jaffray Companies is an investment bank and asset management company. The Company's segments include Capital Markets and Asset Management. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products. The Asset Management segment includes its traditional asset management business and its investments in registered funds and private funds or partnerships that it manages. It provides a range of products and services, including equity and debt capital markets products; public finance services; financial advisory services; equity and fixed income institutional brokerage; equity and fixed income research, and asset management services. The Company serves the needs of corporations, private equity groups, public entities, non-profit entities and institutional investors in the United States and internationally.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Investment Banking
- Sub-Industry: Investment Banking & Brokerage
- Symbol: NYSE:PJC
- CUSIP: 72407810
- Web: www.piperjaffray.com
- Market Cap: $940.09 million
- Outstanding Shares: 15,114,000
- 50 Day Moving Avg: $57.89
- 200 Day Moving Avg: $59.79
- 52 Week Range: $50.25 - $81.85
Sales & Book Value:
- Trailing P/E Ratio: 283.78
- Foreward P/E Ratio: 10.51
- P/E Growth: 0.00
- Annual Revenue: $821.58 million
- Price / Sales: 1.14
- Book Value: $61.33 per share
- Price / Book: 1.01
- Annual Dividend: $1.25
- Dividend Yield: 2.0%
- Net Margins: 7.33%
- Return on Equity: 5.90%
- Return on Assets: 2.97%
- Debt-to-Equity Ratio: 0.15%
- Current Ratio: 1.40%
- Quick Ratio: 0.42%
- Average Volume: 68,211 shs.
- Beta: 1.45
- Short Ratio: 4.25
Frequently Asked Questions for Piper Jaffray Companies (NYSE:PJC)
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 announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Monday, August 28th will be given a dividend of $0.3125 per share on Friday, September 15th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, August 24th. View Piper Jaffray Companies' Dividend History.
How will Piper Jaffray Companies' stock buyback program work?
Piper Jaffray Companies announced that its Board of Directors has initiated a stock repurchase program on Friday, August 11th 2017, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 17.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.
How were Piper Jaffray Companies' earnings last quarter?
Piper Jaffray Companies (NYSE:PJC) announced its quarterly earnings results on Thursday, July, 27th. The company reported $1.40 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.11 by $0.29. The firm earned $197.75 million during the quarter. Piper Jaffray Companies had a net margin of 7.33% and a return on equity of 5.90%. View Piper Jaffray Companies' Earnings History.
When will Piper Jaffray Companies make its next earnings announcement?
Where is Piper Jaffray Companies' stock going? Where will Piper Jaffray Companies' stock price be in 2017?
4 analysts have issued 1-year target prices for Piper Jaffray Companies' stock. Their forecasts range from $20.00 to $64.00. On average, they anticipate Piper Jaffray Companies' stock price to reach $27.79 in the next twelve months. View Analyst Ratings for Piper Jaffray Companies.
Who are some of Piper Jaffray Companies' key competitors?
Some companies that are related to Piper Jaffray Companies include American Assets Trust (AAT), Northwest Bancshares (NWBI), Government Properties Income Trust (GOV), OneBeacon Insurance Group (OB), Park National (PRK), Associated Estates Realty (AEC), Centerstate Bank Corp (CSFL), UNITE Group plc (UTG), Just Group PLC (JUST), Workspace Group plc (WKP), Kennedy Wilson Europe Real Estate PLC (KWE), First Commonwealth Financial (FCF), Provident Financial plc (PFG), Lancashire Holdings Limited (LRE), Bgeo Group PLC (BGEO), Rathbone Brothers plc (RAT), Virgin Money Holdings PLC (VM) and Savills plc (SVS).
Who are Piper Jaffray Companies' key executives?
Piper Jaffray Companies' management team includes the folowing people:
- Andrew S. Duff, Chairman of the Board, Chief Executive Officer
- Stuart C. Harvey Jr., President, Chief Operating Officer
- Debbra L.ee Schoneman, Chief Financial Officer
- John W. Geelan, General Counsel, Secretary
- Chad R. Abraham, Co-Head - Global Investment Banking and Capital Markets
- Christopher D. Crawshaw, Head of Asset Management
- Christine N. Esckilsen, Chief Human Capital Officer
- Francis E. Fairman IV, Head - Public Finance Services Business
- Jeffrey P. Klinefelter, Global Head - Equities
- R. Scott LaRue, Co-Head - Global Investment Banking and Capital Markets
Who owns Piper Jaffray Companies stock?
Piper Jaffray Companies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.67%), Shell Asset Management Co. (0.32%), Sit Investment Associates Inc. (0.07%), Quantitative Systematic Strategies LLC (0.04%) and Farmers & Merchants Investments Inc. (0.01%). Company insiders that own Piper Jaffray Companies stock include Addison L Piper, Andrew S Duff, B Kristine Johnson, Chad R Abraham, Christine N Esckilsen, Christopher D Crawshaw, Debbra L Schoneman, Francis E Iv Fairman, Martin Bradley Winges, R Scott Larue, Stuart C Harvey Jr and Thomas Gregory Smith. View Institutional Ownership Trends for Piper Jaffray Companies.
Who bought Piper Jaffray Companies stock? Who is buying Piper Jaffray Companies stock?
Piper Jaffray Companies' stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Fisher Asset Management LLC, Sit Investment Associates Inc., Quantitative Systematic Strategies LLC and Farmers & Merchants Investments Inc.. Company insiders that have bought Piper Jaffray Companies stock in the last two years include R Scott Larue and Stuart C Harvey Jr. View Insider Buying and Selling for Piper Jaffray Companies.
How do I buy Piper Jaffray Companies stock?
Shares of Piper Jaffray Companies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Piper Jaffray Companies' stock price today?
MarketBeat Community Rating for Piper Jaffray Companies (NYSE PJC)MarketBeat's community ratings are surveys of what our community members think about Piper Jaffray Companies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Piper Jaffray Companies stock can currently be purchased for approximately $62.20.
Consensus Ratings for Piper Jaffray Companies (NYSE:PJC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings, 2 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.50)|
|Consensus Price Target: ||$27.79 (55.33% downside)|Consensus Price Target History for Piper Jaffray Companies (NYSE:PJC)
Analysts' Ratings History for Piper Jaffray Companies (NYSE:PJC)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Keefe, Bruyette & Woods||Initiated Coverage||Mkt Perform -> Mkt Perform||$64.00||N/A|
|4/28/2017||TD Securities||Reiterated Rating||Reduce||$20.00||Low|
|4/28/2017||Scotiabank||Boost Price Target||Sector Perform||$19.00 -> $22.50||Low|
|4/28/2017||National Bank Financial||Boost Price Target||$22.00 -> $25.00||Low|
|4/28/2017||Desjardins||Downgrade||Hold -> Sell||$21.00 -> $20.00||Low|
|4/28/2017||CIBC||Boost Price Target||$19.00 -> $22.00||Low|
|4/28/2017||BMO Capital Markets||Reiterated Rating||Market Perform||$21.00||Low|
|4/15/2016||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
|2/8/2016||Macquarie||Boost Price Target||Neutral||$42.00 -> $44.00||N/A|
Earnings History for Piper Jaffray Companies (NYSE:PJC)Earnings History by Quarter for Piper Jaffray Companies (NYSE PJC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$1.11||$1.40||$197.75 million||View||N/A|
|4/27/2017||Q1 17||$1.03||$1.77||$200.53 million||View||N/A|
|2/2/2017||Q416||$1.35||$1.75||$202.13 million||$217.88 million||View||Listen|
|10/27/2016||Q316||$0.93||$1.37||$163.56 million||$199.00 million||View||Listen|
|7/28/2016||Q216||$0.53||$0.88||$143.86 million||$170.50 million||View||Listen|
|4/28/2016||Q116||$0.82||$0.70||$153.06 million||$152.20 million||View||Listen|
|2/4/2016||Q415||$0.87||$1.40||$149.69 million||$195.10 million||View||N/A|
|10/29/2015||Q3||$0.99||$0.48||$161.09 million||$148.40 million||View||Listen|
|7/23/2015||Q215||$0.98||$1.19||$157.63 million||$163.90 million||View||Listen|
|4/23/2015||Q115||$1.02||$1.14||$160.10 million||$161.90 million||View||Listen|
|2/5/2015||Q414||$0.94||$0.90||$147.08 million||$148.40 million||View||Listen|
|10/23/2014||Q314||$0.57||$1.03||$125.48 million||$155.90 million||View||Listen|
|7/24/2014||Q214||$1.18||$1.25||$149.33 million||$166.80 million||View||Listen|
|4/24/2014||Q114||$0.77||$1.10||$127.10 million||$168.10 million||View||Listen|
|1/29/2014||Q413||$0.73||$1.91||$136.00 million||$182.60 million||View||Listen|
|10/16/2013||Q313||$0.50||$0.57||$117.55 million||$138.84 million||View||Listen|
|7/17/2013||Q2 2013||$0.55||$0.25||$116.30 million||$99.80 million||View||Listen|
|4/17/2013||Q1 2013||$0.53||$0.57||$113.20 million||$109.53 million||View||Listen|
|1/30/2013||Q4 2012||$0.69||$0.88||$129.87 million||$140.90 million||View||Listen|
Earnings Estimates for Piper Jaffray Companies (NYSE:PJC)
Current Year EPS Consensus Estimate: $5.39 EPS
Next Year EPS Consensus Estimate: $5.92 EPS
Current Dividend Information for Piper Jaffray Companies (NYSE:PJC)
|Most Recent Dividend:||9/15/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||-1,249.88% (Trailing 12 Months of Earnings) |
23.19% (Based on This Year's Estimates)
21.11% (Based on Next Year's Estimates)
Dividend History by Quarter for Piper Jaffray Companies (NYSE PJC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Piper Jaffray Companies (NYSE:PJC)
Insider Ownership Percentage: 5.36%Insider Trades by Quarter for Piper Jaffray Companies (NYSE:PJC)
Institutional Ownership Percentage: 66.32%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/4/2017||Christopher D Crawshaw||Insider||Sell||8,168||$63.65||$519,893.20|| |
|8/2/2017||Christopher D Crawshaw||Insider||Sell||320||$63.50||$20,320.00|| |
|7/31/2017||Thomas Gregory Smith||Insider||Sell||1,500||$62.46||$93,690.00|| |
|7/28/2017||Martin Bradley Winges||Insider||Sell||3,000||$64.42||$193,260.00|| |
|2/23/2017||Martin Bradley Winges||Insider||Sell||2,000||$73.50||$147,000.00|| |
|2/13/2017||Christine N Esckilsen||Insider||Sell||1,500||$79.72||$119,580.00|| |
|2/10/2017||Christopher D Crawshaw||Insider||Sell||10,000||$79.12||$791,200.00|| |
|2/7/2017||Debbra L Schoneman||CFO||Sell||7,000||$76.09||$532,630.00|| |
|2/3/2017||Andrew S Duff||Chairman||Sell||9,641||$75.35||$726,449.35|| |
|2/3/2017||Francis E Iv Fairman||Insider||Sell||12,496||$75.34||$941,448.64|| |
|11/14/2016||Andrew S Duff||Chairman||Sell||32,149||$65.44||$2,103,830.56|| |
|11/14/2016||Debbra L Schoneman||CFO||Sell||10,000||$65.54||$655,400.00|| |
|11/11/2016||Christine N Esckilsen||Insider||Sell||2,000||$64.75||$129,500.00|| |
|11/9/2016||R Scott Larue||Insider||Sell||10,000||$59.29||$592,900.00|| |
|11/8/2016||Stuart C Harvey Jr||Insider||Buy||4,000||$55.15||$220,600.00|| |
|11/4/2016||B Kristine Johnson||Director||Sell||1,425||$53.45||$76,166.25|| |
|11/1/2016||Christine N Esckilsen||Insider||Sell||2,000||$56.97||$113,940.00|| |
|10/31/2016||Chad R Abraham||Insider||Sell||17,048||$56.33||$960,313.84|| |
|8/3/2016||Christopher D Crawshaw||Insider||Sell||5,000||$41.88||$209,400.00|| |
|8/1/2016||Thomas Gregory Smith||Insider||Sell||2,500||$41.42||$103,550.00|| |
|7/29/2016||Christopher D Crawshaw||Insider||Sell||21,737||$41.45||$900,998.65|| |
|5/25/2016||R Scott Larue||Insider||Sell||20,000||$41.76||$835,200.00|| |
|11/24/2015||Addison L Piper||Director||Sell||156||$39.48||$6,158.88|| |
|11/17/2015||R Scott Larue||Insider||Buy||15,000||$34.58||$518,700.00|| |
|2/24/2015||Andrew S Duff||CEO||Sell||2,858||$52.96||$151,359.68|| |
|2/6/2015||Jeffrey P Klinefelter||Insider||Sell||7,200||$55.10||$396,720.00|| |
|11/17/2014||Andrew S Duff||CEO||Sell||11,719||$56.41||$661,068.79|| |
|11/7/2014||Debbra L Schoneman||CFO||Sell||1,617||$55.45||$89,662.65|| |
|11/7/2014||Lisa Polsky||Director||Sell||7,000||$57.05||$399,350.00|| |
|11/6/2014||R Scott Larue||Insider||Sell||6,670||$57.37||$382,657.90|| |
|11/5/2014||Francis E Iv Fairman||Insider||Sell||8,894||$57.72||$513,361.68|| |
|10/31/2014||Francis E Iv Fairman||Insider||Sell||1,391||$56.54||$78,647.14|| |
|10/30/2014||Chad R Abraham||Insider||Sell||4,442||$53.97||$239,734.74|| |
|10/28/2014||Chad R Abraham||Insider||Sell||10,000||$53.97||$539,700.00|| |
|8/11/2014||R Scott Larue||Insider||Sell||3,609||$53.62||$193,514.58|| |
|8/1/2014||Addison L Piper||Director||Sell||2,171||$50.96||$110,634.16|| |
|7/25/2014||Chad R Abraham||Insider||Sell||5,000||$51.60||$258,000.00|| |
|4/28/2014||B Kristine Johnson||Director||Sell||5,713||$43.64||$249,315.32|| |
|4/28/2014||Martin Bradley Winges||Insider||Sell||5,573||$43.44||$242,091.12|| |
|2/18/2014||Martin Bradley Winges||Insider||Sell||2,395||$39.32||$94,171.40|| |
|1/30/2014||Michael Francis||Director||Sell||5,713||$40.31||$230,291.03|| |
|5/15/2013||R Scott Larue||Insider||Sell||6,934||$35.81||$248,306.54|| |
|2/4/2013||Brien M O'brien||Insider||Sell||10,000||$40.04||$400,400.00|| |
Headline Trends for Piper Jaffray Companies (NYSE:PJC)
Latest Headlines for Piper Jaffray Companies (NYSE:PJC)
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Piper Jaffray Companies (PJC) Chart for Monday, October, 23, 2017