Piper Sandler Companies (PIPR) Stock Price, News & Analysis

Company Overview

Piper Sandler Companies is a leading investment bank and asset management firm headquartered in Minneapolis, Minnesota. The company offers a comprehensive suite of financial services, including investment banking, institutional brokerage, public finance, and equity research. Its investment banking division advises corporate and government clients on mergers and acquisitions, capital raises, and debt financings, while its institutional brokerage arm provides trade execution and market-making services across equities and fixed income markets.

Founded through the legacy of Piper Jaffray & Co. and strengthened by the 2020 combination with Sandler O’Neill & Partners, Piper Sandler traces its roots back to the late 19th century. Over decades, the firm has expanded its capabilities in sectors such as healthcare, financial institutions, energy, and technology, developing deep industry expertise and a track record of advising on high-profile transactions.

With offices spanning the United States and strategic locations in Europe and Asia, Piper Sandler serves a diverse global client base that includes corporations, financial sponsors, public entities, and institutional investors. The firm’s public finance group underwrites municipal debt for state and local governments, while its private client services division provides tailored wealth management and financial planning solutions.

Under the leadership of Chairman and Chief Executive Officer Glenn W. Ruffenach, Piper Sandler emphasizes client-centric advisory and risk management. The firm’s senior management team combines investment banking veterans with specialists in research, trading, and public finance, positioning Piper Sandler to deliver integrated financial strategies for clients operating in dynamic markets.

Key Stats

• Today's Range: $354.53 to $367.68
• 50-Day Range: $297.65 to $354.86
• 52-Week Range: $202.91 to $367.68
• Volume: 25,655 shs
• Average Volume: 141,131 shs
• Market Capitalization: $6.47 billion
• P/E Ratio: 30.79
• Dividend Yield: 0.77%
• Price Target: $312.50
• Consensus Rating: Hold

Piper Sandler Companies Stock Analysis - MarketRank™

Piper Sandler Companies scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

Piper 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.

Downside Risk

Piper Sandler Companies has a consensus price target of $312.50, representing about 14.0% downside from its current price of $363.58.

Amount of Analyst Coverage

Piper Sandler Companies has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Piper Sandler Companies is 30.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 281.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of Piper Sandler Companies is 30.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 245.10.

Price to Book Value per Share Ratio

Piper Sandler Companies has a P/B Ratio of 4.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.55% of the float of Piper Sandler Companies has been sold short.

Short Interest Ratio / Days to Cover

Piper Sandler Companies has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Piper Sandler Companies has recently decreased by 7.58%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Piper Sandler Companies has a dividend yield of 0.81%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Piper Sandler Companies has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Piper Sandler Companies is 23.63%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.55% of the float of Piper Sandler Companies has been sold short.

Short Interest Ratio / Days to Cover

Piper Sandler Companies has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Piper Sandler Companies has recently decreased by 7.58%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.27

News Sentiment

Piper Sandler Companies has a news sentiment score of 1.27. 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 0.88 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Piper Sandler Companies this week, compared to 7 articles on an average week.

Search Interest

Only 1 people have searched for PIPR on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

3 people have added Piper Sandler Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $8,380,342.00 in company stock.

Percentage Held by Insiders

Only 2.70% of the stock of Piper Sandler Companies is held by insiders.

Percentage Held by Institutions

72.79% 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.

PIPR Stock Analysis - Frequently Asked Questions

How have PIPR shares performed this year?

Piper Sandler Companies' stock was trading at $225.89 on January 1st, 2025. Since then, PIPR shares have increased by 61.0% and is now trading at $363.58.

How were Piper Sandler Companies' earnings last quarter?

Piper Sandler Companies (NYSE:PIPR) posted its quarterly earnings data on Friday, August, 1st. The financial services provider reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.96. The firm's quarterly revenue was up 13.4% compared to the same quarter last year.
Read the conference call transcript.

Who are Piper Sandler Companies' major shareholders?

Top institutional shareholders of Piper Sandler Companies include Invesco Ltd. (3.92%), State Street Corp (3.85%), Geode Capital Management LLC (2.26%) and Westwood Holdings Group Inc. (1.93%). Insiders that own company stock include Jonathan J Doyle, Chad R Abraham, Debbra L Schoneman, Scott C Taylor 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.

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 NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 8/01/2025
• Record date for 9/12 Dividend: 8/29/2025
• Ex-Dividend for 9/12 Dividend: 8/29/2025
• Dividend Payable: 9/12/2025
• Today: 9/18/2025
• Next Earnings (Estimated): 10/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST BKRS
• Sub-Industry: Investment Banking & Brokerage
• Current Symbol: NYSE:PIPR
• Previous Symbol: NYSE:PIPR
• CIK: 1230245
• Web: www.piperjaffray.com
• Phone: (612) 303-6000
• Fax: 612-342-6996
• Employees: 1,805
• Year Founded: 1895

Price Target and Rating

• Average Price Target for Piper Sandler Companies: $312.50
• High Price Target: $339.00
• Low Price Target: $286.00
• Potential Upside/Downside: -11.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $11.85
• Trailing P/E Ratio: 29.95
• Forward P/E Ratio: 25.10
• P/E Growth: N/A
• Net Income: $181.11 million
• Net Margins: 13.18%
• Pretax Margin: 13.50%
• Return on Equity: 18.67%
• Return on Assets: 12.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.39
• Quick Ratio: 0.52

Sales & Book Value

• Annual Sales: $1.53 billion
• Price / Sales: 4.11
• Cash Flow: $15.72 per share
• Price / Cash Flow: 22.58
• Book Value: $79.63 per share
• Price / Book: 4.46

Miscellaneous

• Outstanding Shares: 17,690,000
• Free Float: 17,213,000
• Market Cap: $6.28 billion
• Optionable: Optionable
• Beta: 1.45