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

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.

3 equities research analysts have issued 12-month target prices for Piper Sandler Companies' stock. Their PIPR share price targets range from $170.00 to $193.00. On average, they expect the company's share price to reach $181.50 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for PIPR or view top-rated stocks among Wall Street analysts.

Piper Sandler Companies' stock was trading at $174.87 at the beginning of the year. Since then, PIPR shares have increased by 5.1% and is now trading at $183.84.
View the best growth stocks for 2024 here.

Piper Sandler Companies saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 221,500 shares, a decline of 27.6% from the March 15th total of 305,800 shares. Based on an average trading volume of 96,300 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.3% of the company's stock are sold short.
View Piper Sandler Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our PIPR earnings forecast.

Piper Sandler Companies will be holding an earnings conference call on Friday, April 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Piper Sandler Companies (NYSE:PIPR) issued its quarterly earnings data on Friday, February, 2nd. The financial services provider reported $4.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.61 by $1.42. The financial services provider earned $457.39 million during 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 business's revenue for the quarter was up 17.0% compared to the same quarter last year. During the same period last year, the business earned $3.33 earnings per share.

Piper Sandler Companies declared a quarterly dividend on Friday, February 2nd. Shareholders of record on Monday, March 4th will be given a dividend of $0.60 per share on Friday, March 15th. This represents a $2.40 annualized dividend and a yield of 1.31%. The ex-dividend date is Friday, March 1st.
Read our dividend analysis for PIPR.

Piper Sandler Companies (NYSE:PIPR) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.29%. The dividend payout ratio is 48.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PIPR.

ETFs with the largest weight of Piper Sandler Companies (NYSE:PIPR) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), Invesco Dorsey Wright Financial Momentum ETF (PFI), Nuveen Small Cap Select ETF (NSCS), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and Avantis U.S. Small Cap Equity ETF (AVSC).SPDR S&P 600 Small Cap ETF (SLY).

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).

Piper Sandler Companies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.34%), Oliver Luxxe Assets LLC (0.03%), Wealthcare Advisory Partners LLC (0.01%) and Mather Group LLC. (0.00%). 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.
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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.
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