Piper Sandler Companies Past Earnings Performance

Past criteria checks 5/6

Piper Sandler Companies has been growing earnings at an average annual rate of 9.7%, while the Capital Markets industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 7.2% per year. Piper Sandler Companies's return on equity is 12.4%, and it has net margins of 10.8%.

Key information

9.7%

Earnings growth rate

7.9%

EPS growth rate

Capital Markets Industry Growth	10.3%
Revenue growth rate	7.2%
Return on equity	12.4%
Net Margin	10.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Piper Sandler: Signs Of PE Returning To Markets

Oct 14

Piper Sandler Companies' (NYSE:PIPR) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 10

There's Reason For Concern Over Piper Sandler Companies' (NYSE:PIPR) Massive 27% Price Jump

Jul 24

Piper Sandler Companies' (NYSE:PIPR) Earnings Haven't Escaped The Attention Of Investors

Jan 15

Piper Sandler: Not Snapping Back In Advisory

Nov 14

Piper Sandler Companies' (NYSE:PIPR) Dividend Will Be $0.60

Nov 02

Piper Sandler: Unexpected Banking Weakness

Sep 11

Piper Sandler Companies (NYSE:PIPR) Will Pay A Dividend Of $0.60

Jul 31

Piper Sandler: Some Pickup From Distress In Financial Services

Jun 20

Piper Sandler Companies (NYSE:PIPR) Is Due To Pay A Dividend Of $0.60

May 06

Piper Sandler Q4 2022 Earnings Preview

Feb 02

Piper Sandler Defends Against Pressure With Mid-Market Niche

Jan 14

Revenue & Expenses Breakdown

How Piper Sandler Companies makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:PIPR Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	1,514	164	1,096
30 Jun 24	1,444	133	1,070
31 Mar 24	1,393	102	1,023
31 Dec 23	1,348	85	999
30 Sep 23	1,267	72	964
30 Jun 23	1,309	82	993
31 Mar 23	1,373	100	1,045
31 Dec 22	1,426	111	1,091
30 Sep 22	1,683	186	1,221
30 Jun 22	1,797	217	1,281
31 Mar 22	1,953	266	1,358
31 Dec 21	2,031	279	1,383
30 Sep 21	1,789	207	1,243
30 Jun 21	1,647	173	1,146
31 Mar 21	1,431	105	1,031
31 Dec 20	1,238	41	945
30 Sep 20	1,111	36	851
30 Jun 20	1,008	40	770
31 Mar 20	888	51	660
31 Dec 19	835	83	582
30 Sep 19	770	62	548
30 Jun 19	776	65	553
31 Mar 19	766	60	559
31 Dec 18	741	49	550
30 Sep 18	762	-15	593
30 Jun 18	797	-83	629
31 Mar 18	832	-75	655
31 Dec 17	824	20	650
30 Sep 17	861	-53	655
30 Jun 17	822	7	623
31 Mar 17	794	-7	607
31 Dec 16	747	-22	576
30 Sep 16	722	25	548
30 Jun 16	671	20	507
31 Mar 16	665	34	490
31 Dec 15	673	48	480
30 Sep 15	626	48	445
30 Jun 15	636	57	447
31 Mar 15	642	58	446
31 Dec 14	648	58	450
30 Sep 14	685	72	466
30 Jun 14	654	64	446
31 Mar 14	584	52	406
31 Dec 13	525	45	370

Quality Earnings: PIPR has high quality earnings.

Growing Profit Margin: PIPR's current net profit margins (10.8%) are higher than last year (5.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PIPR's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: PIPR's earnings growth over the past year (129.3%) exceeds its 5-year average (9.7% per year).

Earnings vs Industry: PIPR earnings growth over the past year (129.3%) exceeded the Capital Markets industry 13.4%.

Piper Sandler Companies Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: US$2.19 (vs US$0.26 in 3Q 2023)

Piper Sandler Companies to Report Q3, 2024 Results on Oct 25, 2024

Second quarter 2024 earnings released: EPS: US$2.19 (vs US$0.26 in 2Q 2023)

Piper Sandler Companies to Report Q2, 2024 Results on Aug 02, 2024

First quarter 2024 earnings released: EPS: US$2.74 (vs US$1.77 in 1Q 2023)

Piper Sandler Companies to Report Q1, 2024 Results on Apr 26, 2024

Recent updates

Piper Sandler Companies Appoints Matt Somma as A Managing Director

Upcoming dividend of US$0.65 per share

Senior Managing Principal recently sold US$3.4m worth of stock

General Counsel & Secretary notifies of intention to sell stock

Investor sentiment improves as stock rises 22%

Third quarter dividend of US$0.65 announced

Piper Sandler Companies Appoints Derek Podhaizer as Director and Senior Research Analyst

Third quarter 2024 earnings released: EPS: US$2.19 (vs US$0.26 in 3Q 2023)

Piper Sandler Companies Declares Quarterly Dividend Payment

Piper Sandler Companies Appoints Brian Vescio as A Managing Director and Head of Structured Products Trading to the Fixed Income Team

Piper Sandler Companies to Report Q3, 2024 Results on Oct 25, 2024

Piper Sandler: Signs Of PE Returning To Markets

Price target increased by 14% to US$310

Insufficient new directors

Piper Sandler Companies Appoints Ann Gallo to Its Board of Directors

Piper Sandler Companies Appoints Steve Tipler as Managing Director in Financial Sponsors Group

Piper Sandler Companies Announces Appointment of Jeff Chen as A Managing Director to Its Chemicals Investment Banking Team

Piper Sandler Companies Hires David Hunker as Managing Director and Global Head of Activist Defense and Shareholder Engagement

Piper Sandler Companies (NYSE:PIPR) completed the acquisition of Aviditi Advisors, LLC.

Independent Director recently sold US$473k worth of stock

Upcoming dividend of US$0.65 per share

Chairman & CEO notifies of intention to sell stock

Piper Sandler Companies' (NYSE:PIPR) Shareholders Will Receive A Bigger Dividend Than Last Year

Senior Managing Principal recently sold US$3.0m worth of stock

Second quarter 2024 earnings released: EPS: US$2.19 (vs US$0.26 in 2Q 2023)

Piper Sandler Companies Announces Quarterly Dividend

Piper Sandler Companies Appoints Matt Monaco as Managing Director to Its Fixed Income Trading Team

Piper Sandler Companies Announces Executive Changes

There's Reason For Concern Over Piper Sandler Companies' (NYSE:PIPR) Massive 27% Price Jump

Piper Sandler Companies to Report Q2, 2024 Results on Aug 02, 2024

Piper Sandler Companies(NYSE:PIPR) dropped from Russell 3000E Value Index

Piper Sandler: Biotech And ECM Is Back Online

Piper Sandler Companies (NYSE:PIPR) has entered into a definitive agreement to acquire Aviditi Advisors, LLC.

Getting In Cheap On Piper Sandler Companies (NYSE:PIPR) Is Unlikely

Upcoming dividend of US$0.60 per share

Piper Sandler Companies Appoints Ryan Tull as a Managing Director on the Energy & Power Investment Banking Team

General Counsel & Secretary recently sold US$331k worth of stock

First quarter dividend of US$0.60 announced

Piper Sandler Companies Announces Additions of Rob Freiman and Kegan Greene as Managing Directors on the Technology Investment Banking Team

Price target increased by 9.7% to US$238

Piper Sandler Companies Declares Quarterly Dividend

First quarter 2024 earnings released: EPS: US$2.74 (vs US$1.77 in 1Q 2023)

Piper Sandler Companies to Report Q1, 2024 Results on Apr 26, 2024

Piper Sandler Companies, Annual General Meeting, May 23, 2024

Piper Sandler Companies Hires Ryan Hallamas as Managing Director and Co-Head of High-Yield Trading on the Fixed Income Team

Piper Sandler Companies Appoints Biren Amin as Managing Director and Senior Research Analyst to the Healthcare Equity Research Team

Piper Sandler Announces Management Changes

Insufficient new directors

Key Executive notifies of intention to sell stock

Upcoming dividend of US$1.60 per share

Piper Sandler Companies Announces Executive Appointments

Vice Chairman recently sold US$5.5m worth of stock

Fourth quarter dividend of US$1.60 announced

Piper Sandler Companies Appoints Paul Robinson as Managing Director and Head of Equity-Linked Capital Markets

Piper Sandler: Sponsor Activity Actually Grows

Full year 2023 earnings released: EPS: US$5.72 (vs US$7.92 in FY 2022)

Piper Sandler Companies Declares Quarterly Dividend

Piper Sandler Companies to Report Q4, 2023 Results on Feb 02, 2024

Piper Sandler Companies' (NYSE:PIPR) Earnings Haven't Escaped The Attention Of Investors

Price target increased by 8.0% to US$175

President & MD notifies of intention to sell stock

President & MD notifies of intention to sell stock

Piper Sandler Companies Appoints Brandon Rice as Managing Director

Piper Sandler Companies Appoints Brandon Rice as Managing Director

Piper Sandler: Not Snapping Back In Advisory

Upcoming dividend of US$0.60 per share at 2.6% yield

Piper Sandler Companies' (NYSE:PIPR) Dividend Will Be $0.60

Piper Sandler Companies Declares Quarterly Dividend

Third quarter 2023 earnings released: EPS: US$0.26 (vs US$1.06 in 3Q 2022)