NYSE:PIPR Piper Sandler Companies (PIPR) Stock Price, News & Analysis $259.29 -5.63 (-2.13%) (As of 09/6/2024 08:49 PM ET) Add Compare Share Share Today's Range$257.70▼$267.2150-Day Range$238.48▼$273.9552-Week Range$130.89▼$280.45Volume95,900 shsAverage Volume108,545 shsMarket Capitalization$4.59 billionP/E Ratio44.10Dividend Yield1.00%Price Target$181.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Piper Sandler Companies alerts: Email Address Piper Sandler Companies MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside30.0% Downside$181.50 Price TargetShort InterestHealthy1.81% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.85Based on 6 Articles This WeekInsider TradingSelling Shares$3.94 M Sold Last QuarterProj. Earnings Growth31.14%From $11.53 to $15.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.81 out of 5 starsFinance Sector416th out of 871 stocksSecurity Brokers & Dealers Industry15th out of 26 stocks 1.2 Analyst's Opinion Consensus RatingPiper Sandler Companies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePiper Sandler Companies has only been the subject of 1 research reports in the past 90 days.Read more about Piper Sandler Companies' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.81% of the float of Piper Sandler Companies has been sold short.Short Interest Ratio / Days to CoverPiper Sandler Companies has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Piper Sandler Companies has recently decreased by 10.77%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldPiper Sandler Companies has a dividend yield of 0.95%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPiper Sandler Companies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Piper Sandler Companies is 44.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Piper Sandler Companies will have a dividend payout ratio of 17.20% next year. This indicates that Piper Sandler Companies will be able to sustain or increase its dividend.Read more about Piper Sandler Companies' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PIPR. Previous Next 2.7 News and Social Media Coverage News SentimentPiper Sandler Companies has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Piper Sandler Companies this week, compared to 4 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Piper Sandler Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,936,252.00 in company stock.Percentage Held by InsidersOnly 3.00% of the stock of Piper Sandler Companies is held by insiders.Percentage Held by Institutions72.79% of the stock of Piper Sandler Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Piper Sandler Companies' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Piper Sandler Companies are expected to grow by 31.14% in the coming year, from $11.53 to $15.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Piper Sandler Companies is 44.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Piper Sandler Companies is 44.10, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 32.21.Price to Book Value per Share RatioPiper Sandler Companies has a P/B Ratio of 3.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Piper Sandler Companies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About Piper Sandler Companies Stock (NYSE:PIPR)Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services and institutional sales, trading, and research services for various equity and fixed income products; advisory services, such as mergers and acquisitions, equity and debt private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. It also provides public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, the company offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, it is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.Read More PIPR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PIPR Stock News HeadlinesAugust 21, 2024 | insidertrades.comPhilip Soran Sells 1,792 Shares of Piper Sandler Companies (NYSE:PIPR) StockAugust 9, 2024 | insidertrades.comPiper Sandler Companies (NYSE:PIPR) General Counsel Sells $459,289.97 in StockSeptember 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…September 3, 2024 | finance.yahoo.comPiper Sandler Appoints David Hunker as Global Head of Activist Defense and Shareholder EngagementAugust 28, 2024 | americanbankingnews.comPiper Sandler Companies (PIPR) to Issue Quarterly Dividend of $0.65 on September 13thAugust 26, 2024 | businesswire.comPiper Sandler Completes Acquisition of Aviditi AdvisorsAugust 18, 2024 | uk.investing.comPiper Sandler CEO Chad Abraham sells over $2.1 million in company stockAugust 16, 2024 | stockhouse.comPiper Sandler Announces Grants of Inducement Equity AwardsSeptember 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.August 8, 2024 | finance.yahoo.comPiper Sandler Companies (NYSE:PIPR) Is Increasing Its Dividend To $0.65August 7, 2024 | investorplace.com3 Financial Stocks to Sell in August Before They Crash & BurnAugust 6, 2024 | reuters.comU.S. regulators fine Piper Sandler $16 mln for record-keeping failuresAugust 6, 2024 | msn.comPiper Sandler raises dividend by 8.3% to $0.65August 4, 2024 | insidermonkey.comPiper Sandler Companies (NYSE:PIPR) Q2 2024 Earnings Call TranscriptAugust 3, 2024 | seekingalpha.comPiper Sandler Companies (PIPR) Q2 2024 Earnings Call TranscriptAugust 3, 2024 | markets.businessinsider.comPiper Sandler (PIPR) Receives a Buy from Goldman SachsAugust 2, 2024 | marketwatch.comPiper Sandler Raises Quarterly Dividend by 8.3%August 2, 2024 | finance.yahoo.comPiper Sandler Companies Reports Second Quarter 2024 Results; Increases Quarterly Dividend to $0.65 Per ShareSee More Headlines Receive PIPR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Piper Sandler Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/02/2024Ex-Dividend for 9/13 Dividend8/29/2024Today9/07/2024Dividend Payable9/13/2024Next Earnings (Estimated)10/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Security brokers & dealers Sub-IndustryInvestment Banking & Brokerage Current SymbolNYSE:PIPR CUSIP72407810 CIK1230245 Webwww.piperjaffray.com Phone(612) 303-6000Fax612-342-6996Employees1,725Year Founded1895Price Target and Rating Average Stock Price Target$181.50 High Stock Price Target$193.00 Low Stock Price Target$170.00 Potential Upside/Downside-30.0%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$5.88 Trailing P/E Ratio44.10 Forward P/E Ratio22.49 P/E GrowthN/ANet Income$85.49 million Net Margins9.23% Pretax Margin11.30% Return on Equity15.36% Return on Assets10.14% Debt Debt-to-Equity RatioN/A Current Ratio1.48 Quick Ratio0.76 Sales & Book Value Annual Sales$1.35 billion Price / Sales3.40 Cash Flow$11.52 per share Price / Cash Flow22.51 Book Value$73.38 per share Price / Book3.53Miscellaneous Outstanding Shares17,700,000Free Float17,168,000Market Cap$4.59 billion OptionableOptionable Beta1.40 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Chad R. Abraham (Age 55)Chairman & CEO Comp: $4.38MMr. Jonathan Jay Doyle (Age 59)Senior Managing Principal, Head of Financial Services Group & Vice Chairman Comp: $4.39MMr. Michael DillahuntGlobal Co-Head of Investment Banking & Capital MarketsMr. James P. Baker (Age 56)Global Co-Head of Investment Banking & Capital Markets Comp: $2.88MMs. Debbra Lynn Schoneman (Age 55)President Comp: $3.08MMs. Katherine P. Clune (Age 43)Chief Financial Officer Mr. Shawn QuantMD and Chief Information & Operations OfficerMr. Michael Jared Kantrowitz C.F.A.Chief Investment Strategist & Head of Portfolio StrategiesMr. John W. Geelan (Age 48)General Counsel & Secretary Comp: $686.24kMs. Christine N. Esckilsen (Age 55)Chief Human Capital Officer & MD More ExecutivesKey CompetitorsLPL FinancialNASDAQ:LPLAEvercoreNYSE:EVRStifel FinancialNYSE:SFLazardNYSE:LAZBGC GroupNASDAQ:BGCView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 4,728 shares on 8/21/2024Ownership: 0.130%Philip SoranSold 1,792 sharesTotal: $472,944.64 ($263.92/share)Systematic Financial Management LPSold 26,770 shares on 8/16/2024Ownership: 1.073%Algert Global LLCBought 3,050 shares on 8/16/2024Ownership: 0.103%Creative PlanningBought 1,191 shares on 8/16/2024Ownership: 0.039%View All Insider TransactionsView All Institutional Transactions PIPR Stock Analysis - Frequently Asked Questions How have PIPR shares performed this year? Piper Sandler Companies' stock was trading at $174.87 at the beginning of 2024. Since then, PIPR stock has increased by 48.3% and is now trading at $259.29. View the best growth stocks for 2024 here. How were Piper Sandler Companies' earnings last quarter? Piper Sandler Companies (NYSE:PIPR) posted its earnings results on Friday, August, 2nd. The financial services provider reported $2.52 EPS for the quarter, beating analysts' consensus estimates of $2.26 by $0.26. The company's revenue for the quarter was up 23.7% compared to the same quarter last year. Who are Piper Sandler Companies' major shareholders? Top institutional shareholders of Piper Sandler Companies include Dimensional Fund Advisors LP (2.76%), Westwood Holdings Group Inc. (2.11%), Systematic Financial Management LP (1.07%) and Bank of New York Mellon Corp (0.96%). Insiders that own company stock include Jonathan J Doyle, Debbra L Schoneman, Chad R Abraham and John W Geelan. View institutional ownership trends. How do I buy shares of Piper Sandler Companies? Shares of PIPR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Piper Sandler Companies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Piper Sandler Companies investors own include Chevron (CVX), CVS Health (CVS), Callon Petroleum (CPE), Compass Diversified (CODI-PC), Compass Diversified (CODI-PB) and Compass Diversified (CODI-PA). This page (NYSE:PIPR) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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