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NYSE:PJCPiper Jaffray Companies Stock Price, Forecast & News

$68.68
+1.38 (+2.05 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$68.27
Now: $68.68
$71.29
50-Day Range
$40.60
MA: $52.52
$65.51
52-Week Range
$66.24
Now: $68.68
$82.55
Volume84,766 shs
Average Volume93,750 shs
Market Capitalization$986.04 million
P/E Ratio11.20
Dividend Yield1.88%
Beta1.35
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.09 out of 5 stars


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$6.18 per share
Book Value$49.26 per share

Profitability

Net Income$57.04 million

Miscellaneous

Employees1,262
Market Cap$986.04 million
Next Earnings DateN/A
OptionableOptionable

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Piper Jaffray Companies (NYSE:PJC) Frequently Asked Questions

How has Piper Jaffray Companies' stock been impacted by COVID-19 (Coronavirus)?

Piper Jaffray Companies' stock was trading at $56.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PJC stock has increased by 20.7% and is now trading at $68.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Piper Jaffray Companies?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Piper Jaffray Companies in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Piper Jaffray Companies.

How were Piper Jaffray Companies' earnings last quarter?

Piper Jaffray Companies (NYSE:PJC) announced its quarterly earnings data on Wednesday, October, 30th. The financial services provider reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.55 by $0.09. The financial services provider had revenue of $200.74 million for the quarter, compared to analysts' expectations of $205.66 million. Piper Jaffray Companies had a net margin of 10.99% and a return on equity of 12.26%. View Piper Jaffray Companies' earnings history.

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

Piper Jaffray Companies declared a dividend on Thursday, October 31st. Investors of record on Friday, November 22nd will be paid a dividend of $0.375 per share on Friday, December 13th. The ex-dividend date of this dividend is Thursday, November 21st. View Piper Jaffray Companies' dividend history.

What price target have analysts set for PJC?

2 brokerages have issued 1 year price targets for Piper Jaffray Companies' shares. Their forecasts range from $80.00 to $89.00. On average, they expect Piper Jaffray Companies' share price to reach $84.50 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View analysts' price targets for Piper Jaffray Companies.

What are Wall Street analysts saying about Piper Jaffray Companies stock?

Here are some recent quotes from research analysts about Piper Jaffray Companies stock:
  • 1. According to Zacks Investment Research, "Piper Jaffray Companies is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. They operate through two primary revenue-generating segments: Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis. " (1/1/2020)
  • 2. Northland Securities analysts commented, "We believe this 46% mix of Advisory for PJC highlights success in this overall business and is the primary reason for multiple expansion over time. Services completed 46 deals with $4.8B or value vs 37 deals and $4.9B a year ago. Investment income was stronger due to some investment and merchant banking gains. In addition, PJC believes 2019 will still be weighted towards the 2H of 2019 which we believe is a great sign for the year. On the call, management noted July was one of the better months YTD. Overall, PJC has a lot on its plate with Weeden closing Management sale later this year. We believe these are strategic moves and clearly position PJC for improved growth and cash generation." (7/26/2019)

Has Piper Jaffray Companies been receiving favorable news coverage?

Media coverage about PJC stock has trended positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Piper Jaffray Companies earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutPiper Jaffray Companies.

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 AT&T (t), Citigroup (C), CVS Health (CVS), Ford Motor (F), Freeport-McMoRan (FCX), General Motors (GM), Coca-Cola (KO), Abbott Laboratories (ABT), Applied Materials (AMAT) and Bank of America (BAC).

Who are Piper Jaffray Companies' key executives?

Piper Jaffray Companies' management team includes the following 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)

What is Piper Jaffray Companies' stock symbol?

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

Who are Piper Jaffray Companies' major shareholders?

Piper Jaffray Companies' stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (3.49%), Victory Capital Management Inc. (2.24%), Fisher Asset Management LLC (0.53%), Matarin Capital Management LLC (0.45%), Acadian Asset Management LLC (0.21%) and Los Angeles Capital Management & Equity Research Inc. (0.19%). View institutional ownership trends for Piper Jaffray Companies.

Which institutional investors are selling Piper Jaffray Companies stock?

PJC stock was sold by a variety of institutional investors in the last quarter, including KBC Group NV, Victory Capital Management Inc., IndexIQ Advisors LLC, Alberta Investment Management Corp, Fisher Asset Management LLC, Martingale Asset Management L P, Envestnet Asset Management Inc., and American International Group Inc.. View insider buying and selling activity for Piper Jaffray Companies.

Which institutional investors are buying Piper Jaffray Companies stock?

PJC stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, State Street Corp, Acadian Asset Management LLC, State of Alaska Department of Revenue, Los Angeles Capital Management & Equity Research Inc., Texas Permanent School Fund, Magnus Financial Group LLC, and Aperio Group LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Piper Jaffray Companies' stock price today?

One share of PJC stock can currently be purchased for approximately $68.68.

How big of a company is Piper Jaffray Companies?

Piper Jaffray Companies has a market capitalization of $986.04 million 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 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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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