PIPR Stock Overview
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.
Piper Sandler Companies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$122.62|
|52 Week High||US$193.60|
|52 Week Low||US$110.45|
|1 Month Change||-0.84%|
|3 Month Change||-15.25%|
|1 Year Change||-1.64%|
|3 Year Change||67.19%|
|5 Year Change||108.72%|
|Change since IPO||168.02%|
Recent News & Updates
Piper Sandler Delivers Respectable Quarter On Sponsor And S&T Strength
Piper Sandler is a more emerging bank in terms of reputation, but is delivering well against some of the comps in the advisory sector. Piper Sandler has a sales and trading business that is also doing well thanks to volatility in equities and interest rates. Public finance is also a solid exposure. Annualising PIPR's EPS, the 15x P/E ratio looks alright but only if you expect the factors driving volatility to abate. Unfortunately, we still see risks on the horizon. There are offsets in the business, but the timing could be better due to advisory exposure.
Do Piper Sandler Companies's (NYSE:PIPR) Earnings Warrant Your Attention?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
|PIPR||US Capital Markets||US Market|
Return vs Industry: PIPR exceeded the US Capital Markets industry which returned -13.5% over the past year.
Return vs Market: PIPR exceeded the US Market which returned -12.3% over the past year.
|PIPR Average Weekly Movement||6.9%|
|Capital Markets Industry Average Movement||0.5%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: PIPR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PIPR's weekly volatility (7%) has been stable over the past year.
About the Company
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. The company offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It provides advisory services, such as mergers and acquisitions, equity private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.
Piper Sandler Companies Fundamentals Summary
|PIPR fundamental statistics|
Is PIPR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PIPR income statement (TTM)|
|Cost of Revenue||US$146.49m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||14.92|
|Net Profit Margin||13.60%|
How did PIPR perform over the long term?See historical performance and comparison
8.1%Current Dividend Yield
Does PIPR pay a reliable dividends?See PIPR dividend history and benchmarks
|Piper Sandler Companies dividend dates|
|Ex Dividend Date||May 26 2022|
|Dividend Pay Date||Jun 10 2022|
|Days until Ex dividend||0 days|
|Days until Dividend pay date||15 days|
Does PIPR pay a reliable dividends?See PIPR dividend history and benchmarks
Is Piper Sandler Companies undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PIPR ($122.62) is trading above our estimate of fair value ($103.38)
Significantly Below Fair Value: PIPR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PIPR is good value based on its Price-To-Earnings Ratio (8.2x) compared to the US Capital Markets industry average (30.5x).
PE vs Market: PIPR is good value based on its Price-To-Earnings Ratio (8.2x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PIPR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PIPR is overvalued based on its Price-To-Book Ratio (2.1x) compared to the US Capital Markets industry average (-17.7x).
How is Piper Sandler Companies forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PIPR's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if PIPR's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PIPR's revenue (0.5% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: PIPR's revenue (0.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PIPR's Return on Equity is forecast to be high in 3 years time
How has Piper Sandler Companies performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PIPR has high quality earnings.
Growing Profit Margin: PIPR's current net profit margins (13.6%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: PIPR has become profitable over the past 5 years, growing earnings by 62.7% per year.
Accelerating Growth: PIPR's earnings growth over the past year (153.8%) exceeds its 5-year average (62.7% per year).
Earnings vs Industry: PIPR earnings growth over the past year (153.8%) exceeded the Capital Markets industry 98.3%.
Return on Equity
High ROE: PIPR's Return on Equity (25%) is considered high.
How is Piper Sandler Companies's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PIPR's short term assets ($951.6M) exceed its short term liabilities ($492.8M).
Long Term Liabilities: PIPR's short term assets ($951.6M) exceed its long term liabilities ($233.3M).
Debt to Equity History and Analysis
Debt Level: PIPR has more cash than its total debt.
Reducing Debt: PIPR's debt to equity ratio has reduced from 59.4% to 11.1% over the past 5 years.
Debt Coverage: PIPR's debt is well covered by operating cash flow (379.1%).
Interest Coverage: Insufficient data to determine if PIPR's interest payments on its debt are well covered by EBIT.
What is Piper Sandler Companies's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PIPR's dividend (8.07%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: PIPR's dividend (8.07%) is in the top 25% of dividend payers in the US market (4.05%)
Stability and Growth of Payments
Stable Dividend: PIPR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PIPR's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.6%), PIPR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), PIPR's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chad Abraham (52 yo)
Mr. Chad Richard Abraham serves as Director at Columbus McKinnon Corporation since November 11, 2021. He has been Chairman at Piper Sandler Companies since May 17, 2019 and has been its Chief Executive Off...
CEO Compensation Analysis
Compensation vs Market: Chad's total compensation ($USD9.14M) is above average for companies of similar size in the US market ($USD5.43M).
Compensation vs Earnings: Chad's compensation has increased by more than 20% in the past year.
Experienced Management: PIPR's management team is considered experienced (4.3 years average tenure).
Experienced Board: PIPR's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.5%.
Piper Sandler Companies's employee growth, exchange listings and data sources
- Name: Piper Sandler Companies
- Ticker: PIPR
- Exchange: NYSE
- Founded: 1895
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: US$2.184b
- Shares outstanding: 17.81m
- Website: https://www.pipersandler.com
Number of Employees
- Piper Sandler Companies
- 800 Nicollet Mall
- Suite 900
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.