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

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$71.21 -0.77 (-1.07 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$71.98
Today's Range$70.23 - $71.27
52-Week Range$61.35 - $89.88
Volume71,300 shs
Average Volume60,581 shs
Market Capitalization$1.06 billion
P/E Ratio12.00
Dividend Yield2.08%
Beta1.36
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 relating to mergers and acquisitions, equity private placements, and debt and restructuring advisory services for corporate clients; underwrites debt issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. This segment also provides public finance investment banking capabilities that focus on state and local governments, cultural and social service non-profit entities, education, healthcare, hospitality, senior living, and transportation sectors. In addition, it offers equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities; and is involved in trading activities for customer facilitation and strategic trading purposes. Further, this segment engages in merchant banking activities, which comprise equity or debt investments in late stage private companies, and investments in private equity funds and other firm investments' and has alternative asset management funds in merchant banking, energy, and senior living to invest firm capital, as well as to manage capital from outside investors. The Asset Management segment provides traditional 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$6.0399 per share
Book Value$49.06 per share

Profitability

Net Income$57.03 million

Miscellaneous

Employees1,301
Market Cap$1.06 billion
Next Earnings Date4/26/2019 (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 announced a quarterly dividend on Monday, February 4th. Investors of record on Monday, February 25th will be paid a dividend of $0.375 per share on Friday, March 15th. This represents a $1.50 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Friday, February 22nd. 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 authorized a share repurchase plan on Friday, August 11th 2017, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 17.4% of its shares through open market purchases. Shares buyback plans 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) issued its quarterly earnings data on Friday, February, 1st. The financial services provider reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.35. The financial services provider earned $226.78 million during the quarter. Piper Jaffray Companies had a return on equity of 11.69% and a net margin of 6.44%. 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, April 26th 2019. View Earnings Estimates for Piper Jaffray Companies.

What is the consensus analysts' recommendation for Piper Jaffray Companies?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Piper Jaffray 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 Jaffray Companies.

Has Piper Jaffray Companies been receiving favorable news coverage?

Media stories about PJC stock have trended positive this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Piper Jaffray Companies earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave press coverage 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 few 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), General Motors (GM), Copa (CPA), Domino's Pizza (dpz), Seagate Technology (STX), Halliburton (HAL), JPMorgan Chase & Co. (jpm), Bank of America (bac), Marks and Spencer Group (MKS) and Invesco QQQ Trust (QQQ).

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. Scott Larue, MD & Global Co-Head of Investment Banking & Capital Markets (Age 58)
  • Mr. Francis Evarts Fairman IV, Head of Public Fin. Services & MD (Age 61)
  • Mr. Timothy Lee Carter, Chief Financial Officer (Age 51)

Who are Piper Jaffray Companies' major shareholders?

Piper Jaffray Companies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.17%), Dimensional Fund Advisors LP (4.11%), Nuveen Asset Management LLC (2.92%), Principal Financial Group Inc. (2.38%), Victory Capital Management Inc. (1.96%) and Bank of New York Mellon Corp (1.71%). 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 Millennium Management LLC, James Investment Research Inc., Bank of New York Mellon Corp, Principal Financial Group Inc., SG Americas Securities LLC, Barclays PLC, LSV Asset Management and KBC Group NV. View Insider Buying and Selling for Piper Jaffray Companies.

Which major investors are buying Piper Jaffray Companies stock?

PJC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Rhumbline Advisers, Ontario Teachers Pension Plan Board, Squarepoint Ops LLC, Oregon Public Employees Retirement Fund, Thrivent Financial for Lutherans and Municipal Employees Retirement System of Michigan. 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 $71.21.

How big of a company is Piper Jaffray Companies?

Piper Jaffray Companies has a market capitalization of $1.06 billion and generates $800.99 million in revenue each year. Piper Jaffray Companies employs 1,301 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:  246 (Vote Outperform)
Underperform Votes:  384 (Vote Underperform)
Total Votes:  630
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 2/22/2019 by MarketBeat.com Staff

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