NYSE:PIPR Piper Sandler Companies (PIPR) Stock Price, News & Analysis → Warning: this could blow your mind (From DTI) (Ad) Free PIPR Stock Alerts $198.49 +1.67 (+0.85%) (As of 06:20 PM ET) Add Compare Share Share Today's Range$196.47▼$200.0050-Day Range$184.55▼$198.9252-Week Range$120.97▼$200.00Volume105,300 shsAverage Volume93,562 shsMarket Capitalization$3.51 billionP/E Ratio40.18Dividend Yield1.21%Price Target$171.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Piper Sandler Companies alerts: Email Address Piper Sandler Companies MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside13.8% Downside$171.00 Price TargetShort InterestHealthy1.79% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.14Based on 4 Articles This WeekInsider TradingSelling Shares$9.84 M Sold Last QuarterProj. Earnings GrowthN/ASee 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.1.34 out of 5 starsFinance Sector721st out of 849 stocksSecurity Brokers & Dealers Industry21st out of 25 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $171.00, Piper Sandler Companies has a forecasted downside of 13.8% from its current price of $198.49.Amount of Analyst CoveragePiper Sandler Companies has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.79% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Piper Sandler Companies has recently increased by 40.60%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldPiper Sandler Companies pays a meaningful dividend of 1.24%, higher than 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 48.58%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PIPR. Previous Next 2.9 News and Social Media Coverage News SentimentPiper Sandler Companies has a news sentiment score of 0.14. 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 lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Piper Sandler Companies this week, compared to 3 articles on an average week.Search Interest2 people have searched for PIPR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows7 people have added Piper Sandler Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. 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 $9,838,711.00 in company stock.Percentage Held by InsidersOnly 3.32% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Piper Sandler Companies is 40.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Piper Sandler Companies is 40.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.06.Price to Book Value per Share RatioPiper Sandler Companies has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaMajor Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. 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 HeadlinesMarch 18, 2024 | marketbeat.com3 Large-Cap Stocks Buying Back Shares AggressivelyInvestors tend to focus on two significant aspects of their stock holdings, especially when measuring whether they're winning or losing. One is undeniably price appreciation—or the lack of it—and another is whether they are getting paid a relatively steady dividend.March 18, 2024 | marketbeat.com3 Large-Cap Stocks Buying Back Shares Aggressively (PIPR)Management buybacks and Wall Street analyst price target boosts are the common story across these three stocks; get your money's worth in themMarch 28, 2024 | WealthPress (Ad)A lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. March 28, 2024 | msn.comInvestment Bank Piper Sandler Removes Nvidia From Model Portfolio, Anticipating S&P 500 Correction: 'Cool The Engines'March 25, 2024 | finance.yahoo.comPiper Sandler Bolsters Fixed Income Team with the Addition of Ryan HallamMarch 4, 2024 | businesswire.comPiper Sandler Promotes Brian White to Co-Head of Technology Investment BankingFebruary 24, 2024 | msn.comPiper Sandler Companies (PIPR) Price Target Increased by 11.44% to 228.48February 24, 2024 | fool.comAlthough This Phenomenal Stock Has More Than Quadrupled Since 2019, It Could Still SkyrocketMarch 28, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 16, 2024 | finance.yahoo.comPIPR Mar 2024 210.000 putFebruary 16, 2024 | finance.yahoo.comPIPR Mar 2024 170.000 callFebruary 14, 2024 | finance.yahoo.comPiper Sandler Grows Equity Sales and Trading Team with Additions of Rich Steiner and Ashley TetiFebruary 14, 2024 | businesswire.comPiper Sandler Grows Equity Sales and Trading Team with Additions of Rich Steiner and Ashley TetiFebruary 5, 2024 | finance.yahoo.comPiper Sandler Strengthens Equity Capital Markets Team with the Addition of Paul RobinsonFebruary 5, 2024 | seekingalpha.comPiper Sandler: Sponsor Activity Actually GrowsFebruary 3, 2024 | msn.comNY Community Bancorp slumps, South Korea banks climb in weekly financial moversFebruary 3, 2024 | finance.yahoo.comInstitutional investors have a lot riding on Piper Sandler Companies (NYSE:PIPR) with 85% ownershipFebruary 3, 2024 | finance.yahoo.comPiper Sandler Companies (NYSE:PIPR) Q4 2023 Earnings Call TranscriptFebruary 3, 2024 | ca.finance.yahoo.comPiper Sandler Companies (PIPR)February 2, 2024 | markets.businessinsider.comPiper Sandler (PIPR) Gets a Buy from Goldman SachsFebruary 2, 2024 | msn.comWhy Piper Sandler Shares Are Trading Higher TodayFebruary 2, 2024 | finance.yahoo.comPiper Sandler Companies Reports Fourth Quarter and Full Year 2023 Results; Declares Special Dividend of $1.00 Per Share and Quarterly Dividend of $0.60 Per ShareFebruary 2, 2024 | finance.yahoo.comShould You Invest in Piper Sandler Companies (PIPR)?January 30, 2024 | markets.businessinsider.comPiper Sandler Maintains Neutral Rating for Servisfirst Bancshares: Here's What You Need To KnowJanuary 23, 2024 | markets.businessinsider.comPiper Sandler Maintains Overweight Rating for Freshpet: Here's What You Need To KnowJanuary 23, 2024 | businesswire.comPiper Sandler Companies to Hold Management Conference Call to Discuss Fourth Quarter and Full Year 2023 ResultsJanuary 12, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Inspire Medical Systems (INSP)See 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 Earnings2/02/2024Ex-Dividend for 3/15 Dividend3/01/2024Dividend Payable3/15/2024Today3/28/2024Next Earnings (Estimated)5/07/2024Fiscal 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$171.00 High Stock Price Target$193.00 Low Stock Price Target$150.00 Potential Upside/Downside-13.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.94 Trailing P/E Ratio40.18 Forward P/E Ratio17.77 P/E GrowthN/ANet Income$85.49 million Net Margins6.33% Pretax Margin9.09% Return on Equity13.27% Return on Assets8.48% Debt Debt-to-Equity RatioN/A Current Ratio1.22 Quick Ratio0.71 Sales & Book Value Annual Sales$1.35 billion Price / Sales2.60 Cash Flow$12.40 per share Price / Cash Flow16.01 Book Value$73.38 per share Price / Book2.70Miscellaneous Outstanding Shares17,680,000Free Float17,096,000Market Cap$3.51 billion OptionableOptionable Beta1.41 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Chad R. Abraham (Age 55)Chairman & CEO Comp: $5.02MMr. Timothy Lee Carter (Age 57)Senior VP of Finance and Managing Director & Executive Officer Comp: $1.69MMr. Michael DillahuntGlobal Co-Head of Investment Banking & Capital MarketsMr. James P. Baker (Age 56)Global Co-Head of Investment Banking & Capital Markets Comp: $2.83MMr. Jonathan Jay Doyle (Age 58)Vice Chairman, Senior Managing Principal, Head of Financial Services Group & Director Comp: $5.18MMs. 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: $686.24kMore ExecutivesKey CompetitorsStifel FinancialNYSE:SFVirtu FinancialNASDAQ:VIRTFreedomNASDAQ:FRHCCredit Suisse GroupNYSE:CSNavientNASDAQ:NAVIView All CompetitorsInsiders & InstitutionsHighPoint Advisor Group LLCBought 1,398 shares on 3/26/2024Ownership: 0.008%Vanguard Group Inc.Bought 15,075 shares on 3/11/2024Ownership: 11.031%Fisher Asset Management LLCSold 15,172 shares on 3/5/2024Ownership: 0.580%Debbra L SchonemanSold 4,795 sharesTotal: $914,502.40 ($190.72/share)Goldman Sachs Group Inc.Bought 59,915 shares on 3/1/2024Ownership: 1.248%View All Insider TransactionsView All Institutional Transactions PIPR Stock Analysis - Frequently Asked Questions Should I buy or sell Piper Sandler Companies stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Piper Sandler Companies in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PIPR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PIPR, but not buy additional shares or sell existing shares. View PIPR analyst ratings or view top-rated stocks. What is Piper Sandler Companies' stock price target for 2024? 3 brokers have issued 1 year target prices for Piper Sandler Companies' shares. Their PIPR share price targets range from $150.00 to $193.00. On average, they predict the company's stock price to reach $171.00 in the next twelve months. This suggests that the stock has a possible downside of 13.6%. View analysts price targets for PIPR or view top-rated stocks among Wall Street analysts. How have PIPR shares performed in 2024? Piper Sandler Companies' stock was trading at $174.87 on January 1st, 2024. Since then, PIPR stock has increased by 13.2% and is now trading at $198.00. View the best growth stocks for 2024 here. Are investors shorting Piper Sandler Companies? Piper Sandler Companies saw a increase in short interest in March. As of March 15th, there was short interest totaling 305,800 shares, an increase of 40.6% from the February 29th total of 217,500 shares. Based on an average daily volume of 91,200 shares, the short-interest ratio is currently 3.4 days. Currently, 1.8% of the shares of the company are sold short. View Piper Sandler Companies' Short Interest. When is Piper Sandler Companies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our PIPR earnings forecast. How were Piper Sandler Companies' earnings last quarter? Piper Sandler Companies (NYSE:PIPR) announced its earnings results on Friday, February, 2nd. The financial services provider reported $4.03 earnings per share for the quarter, beating the consensus estimate of $2.61 by $1.42. The financial services provider had revenue of $457.39 million for the quarter, compared to analysts' expectations of $370.12 million. Piper Sandler Companies had a trailing twelve-month return on equity of 13.27% and a net margin of 6.33%. The firm's revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.33 EPS. How often does Piper Sandler Companies pay dividends? What is the dividend yield for Piper Sandler Companies? Piper Sandler Companies announced a quarterly dividend on Friday, February 2nd. Shareholders of record on Monday, March 4th will be paid a dividend of $0.60 per share on Friday, March 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Friday, March 1st. Read our dividend analysis for PIPR. Is Piper Sandler Companies a good dividend stock? Piper Sandler Companies (NYSE:PIPR) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.24%. The dividend payout ratio is 48.58%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PIPR. What ETFs hold Piper Sandler Companies' stock? ETFs with the largest weight of Piper Sandler Companies (NYSE:PIPR) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), Nuveen Small Cap Select ETF (NSCS), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Vident Core U.S. Equity Fund (VUSE) and Avantis U.S. Small Cap Equity ETF (AVSC). What other stocks do shareholders of Piper Sandler Companies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Piper Sandler Companies investors own include Chevron (CVX), CVS Health (CVS), Callon Petroleum (CPE), Compass Diversified (CODI-PC), Compass Diversified (CODI-PB), Compass Diversified (CODI-PA), Bristol-Myers Squibb (BMY), ARK Innovation ETF (ARKK) and Abbott Laboratories (ABT). Who are Piper Sandler Companies' major shareholders? Piper Sandler Companies' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.01%), Vanguard Group Inc. (11.03%), Dimensional Fund Advisors LP (2.86%), Westwood Holdings Group Inc. (2.63%), Stephens Investment Management Group LLC (2.46%) and GW&K Investment Management LLC (2.25%). Insiders that own company stock include Chad R Abraham, Chad R Abraham, Chad R Abraham, Chad R Abraham, Debbra L Schoneman, Debbra L Schoneman, John W Geelan, John W Geelan, Jonathan J Doyle and Jonathan J Doyle. 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. 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