PIPR
Piper Sandler Companies
Price Chart
Latest Quote
$76.32
| Previous Close | $77.66 |
| Open | $75.84 |
| Day High | $77.65 |
| Day Low | $75.44 |
| Volume | 556,220 |
Stock Information
| Quarterly Dividend / Yield | $0.73 / 0.93% |
| Shares Outstanding | 67.58M |
| Quarterly Dividend Yield | 0.93% |
| Quarterly Dividend | $0.73 |
| Total Debt | $114.12M |
| Cash Equivalents | $829.76M |
| Revenue | $2.02B |
| Net Income | $281.66M |
| Sector | Financial Services |
| Industry | Capital Markets |
| Market Cap | $5.16B |
| P/E Ratio | 19.22 |
| EPS (TTM) | $3.97 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $4.92B |
| Sales | $2.02B |
| Income | $281.66M |
| Book/sh | $19.77 |
| Cash/sh | $12.28 |
| Employees | 2K |
Financial Ratios
| Quick Ratio | 3.32 |
| Current Ratio | 3.38 |
| Debt/Eq | 7.33 |
| EPS Growth TTM | 0.50% |
Returns & Margins
| ROA | 16.48% |
| ROE | 22.17% |
| Gross Margin | 91.29% |
| Operating Margin | 21.76% |
| Profit Margin | 13.97% |
Ownership
| Insider Ownership | 2.60% |
| Institutional Ownership | 87.41% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 13.60 |
| PEG | 1.26 |
| P/S | 2.56 |
| P/B | 3.86 |
Analyst Data
| Recommendation | buy |
| Target Price | $88.12 |
Technical Indicators
| SMA20 | $75.39 |
| SMA50 | $77.55 |
| SMA200 | $81.01 |
| RSI | 50.37 |
| ATR | 2.8357 |
| Shares Float | 68.80M |
| Short Float | 5.28% |
| Short Ratio | 4.73 |
| Volatility | 1.43 |
| Rel Volume | 0.76 |
Performance History
| Week | +5.85% |
| Month | -5.74% |
| Quarter | -13.86% |
| 6 Months | -13.59% |
| YTD | -10.88% |
| Year | +1.94% |
| 3 Years | +132.80% |
| 5 Years | +185.31% |
| 10 Years | +885.93% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-07-17 | $76.32 | 556,200 |
| 2026-07-16 | $77.66 | 789,400 |
| 2026-07-15 | $77.75 | 682,100 |
| 2026-07-14 | $74.94 | 495,100 |
| 2026-07-13 | $71.98 | 617,000 |
| 2026-07-10 | $72.10 | 572,100 |
| 2026-07-09 | $73.44 | 589,600 |
| 2026-07-08 | $70.89 | 775,500 |
| 2026-07-07 | $75.08 | 810,900 |
| 2026-07-06 | $72.94 | 563,700 |
| 2026-07-02 | $71.09 | 896,700 |
| 2026-07-01 | $72.14 | 623,300 |
| 2026-06-30 | $72.34 | 749,500 |
| 2026-06-29 | $72.65 | 775,000 |
| 2026-06-26 | $76.14 | 2,013,100 |
| 2026-06-25 | $77.66 | 611,700 |
| 2026-06-24 | $79.08 | 672,800 |
| 2026-06-23 | $80.05 | 493,500 |
| 2026-06-22 | $81.77 | 429,700 |
| 2026-06-18 | $81.80 | 889,800 |
About Piper Sandler Companies
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, institutional sales, and trading services for various equity and fixed income products; research services; advisory services, such as mergers and acquisitions, equity and debt financings, equity and debt private placements, debt capital markets advisory, restructuring and private capital advisory; municipal financial advisory and loan placement services; and various over-the-counter derivative products, as well as underwrites municipal issuances. The company also provides public finance investment banking services that focus on state and local governments, special districts and development infrastructure, project finance, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, it offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, the company has alternative asset management funds in merchant banking and healthcare to invest firm capital and to manage capital from outside investors; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; alternative asset management strategies; and fixed income sales and trading solutions to banks, registered investment advisors, public entities, credit unions, asset managers, and insurance companies. 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.
đ° Latest News
Rocket Lab Stock Plunges After Piper Sandler Starts Coverage at Neutral
GuruFocus.com âĸ 2026-07-17T16:20:08ZPiper cautious on SpaceX, points to near-term headwinds
Investing.com âĸ 2026-07-16T15:17:49ZASTS Stock Drops 13% After-Hours As Dilution Fears Hit On New Debt Raise
Stocktwits âĸ 2026-07-15T22:49:02ZPiper Sandler revamps insurance playbook, upgrades Gallagher, cuts five ratings
Investing.com âĸ 2026-07-15T20:24:56ZCan Rithm Capital (RITM) Stay a Buy as Piper Sandler Trims Its Price Target?
Insider Monkey âĸ 2026-07-15T00:21:12ZPiper Sandler and PJT Shares Skyrocket, What You Need To Know
StockStory âĸ 2026-07-14T23:19:11ZIntuit Shares Slip After Piper Sandler Initiates Coverage With Street-Low Price Target (INTU)
InvestorsHub âĸ 2026-07-14T11:09:34Z2 Value Stocks Worth Your Attention and 1 Facing Headwinds
StockStory âĸ 2026-07-13T15:58:39ZSelective Insurance Group (SIGI) Stock Sees Modest Fair Value Lift As Analysts Balance Optimism And Valuation
Simply Wall St. âĸ 2026-07-10T08:11:16ZWhy Vita Coco (COCO) Stock Is Up Today
StockStory âĸ 2026-07-09T19:59:42ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $1,836,294,000 | $1,475,587,000 | $1,299,806,000 | $1,373,579,000 |
| Operating Revenue | $1,836,294,000 | $1,475,587,000 | $1,299,806,000 | $1,373,579,000 |
| Expenses | ||||
| Interest Expense | $4,841,000 | $5,681,000 | $10,146,000 | $9,480,000 |
| Selling And Marketing Expense | $47,201,000 | $42,239,000 | $37,734,000 | $42,849,000 |
| General And Administrative Expense | $1,186,370,000 | $1,004,173,000 | $897,034,000 | $983,524,000 |
| Other Non Interest Expense | $138,582,000 | $131,359,000 | $150,907,000 | $121,770,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $281,331,000 | $181,114,000 | $85,491,000 | $110,674,000 |
| Net Interest Income | $32,063,000 | $27,227,000 | $16,577,000 | $10,885,000 |
| Interest Income | $36,904,000 | $32,908,000 | $26,723,000 | $20,365,000 |
| Normalized Income | $286,153,148 | $182,978,091 | $91,744,443 | $119,288,320 |
| Net Income From Continuing And Discontinued Operation | $281,331,000 | $181,114,000 | $85,491,000 | $110,674,000 |
| Net Income Common Stockholders | $281,331,000 | $181,114,000 | $85,491,000 | $110,674,000 |
| Net Income | $281,331,000 | $181,114,000 | $85,491,000 | $110,674,000 |
| Net Income Including Noncontrolling Interests | $293,965,000 | $157,440,000 | $98,973,000 | $101,180,000 |
| Net Income Continuous Operations | $293,965,000 | $157,440,000 | $98,973,000 | $101,180,000 |
| Pretax Income | $374,547,000 | $218,412,000 | $122,586,000 | $134,369,000 |
| Special Income Charges | $-6,144,000 | $-2,586,000 | $-7,749,000 | $-11,440,000 |
| Depreciation Amortization Depletion Income Statement | $9,999,000 | $10,288,000 | $19,440,000 | $15,375,000 |
| Depreciation And Amortization In Income Statement | $9,999,000 | $10,288,000 | $19,440,000 | $15,375,000 |
| Amortization Of Intangibles Income Statement | $9,999,000 | $10,288,000 | $19,440,000 | $15,375,000 |
| Net Income Discontinuous Operations | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $3.96 | $2.56 | $1.24 | $1.63 |
| Basic EPS | $4.22 | $2.86 | $1.43 | $1.98 |
| Other | ||||
| Tax Effect Of Unusual Items | $-1,321,852 | $-721,909 | $-1,495,557 | $-2,825,680 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Total Unusual Items | $-6,144,000 | $-2,586,000 | $-7,749,000 | $-11,440,000 |
| Total Unusual Items Excluding Goodwill | $-6,144,000 | $-2,586,000 | $-7,749,000 | $-11,440,000 |
| Reconciled Depreciation | $27,387,000 | $27,071,000 | $37,372,000 | $31,014,000 |
| Diluted Average Shares | $71,140,000 | $70,780,000 | $68,896,000 | $67,860,000 |
| Basic Average Shares | $66,632,000 | $63,352,000 | $59,832,000 | $55,928,000 |
| Diluted NI Availto Com Stockholders | $281,331,000 | $181,114,000 | $85,491,000 | $110,674,000 |
| Minority Interests | $-12,634,000 | $23,674,000 | $-13,482,000 | $9,494,000 |
| Tax Provision | $80,582,000 | $60,972,000 | $23,613,000 | $33,189,000 |
| Restructuring And Mergern Acquisition | $6,144,000 | $2,586,000 | $7,749,000 | $11,440,000 |
| Gain On Sale Of Security | $33,249,000 | $-7,890,000 | $30,039,000 | $-23,000 |
| Amortization | $9,999,000 | $10,288,000 | $19,440,000 | $15,375,000 |
| Selling General And Administration | $1,233,571,000 | $1,046,412,000 | $934,768,000 | $1,026,373,000 |
| Salaries And Wages | $1,186,370,000 | $1,004,173,000 | $897,034,000 | $983,524,000 |
| Occupancy And Equipment | $73,451,000 | $66,530,000 | $64,356,000 | $64,252,000 |
| Other Gand A | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $952,151,000 | $808,302,000 | $667,541,000 | $617,285,000 |
| Total Assets | $2,592,646,000 | $2,255,936,000 | $2,140,983,000 | $2,181,557,000 |
| Goodwill And Other Intangible Assets | $418,856,000 | $419,528,000 | $417,957,000 | $436,788,000 |
| Other Intangible Assets | $99,598,000 | $107,504,000 | $116,197,000 | $135,637,000 |
| Prepaid Assets | $27,657,000 | $26,478,000 | $22,396,000 | $18,664,000 |
| Receivables | $141,477,000 | $271,673,000 | $245,708,000 | $350,608,000 |
| Other Receivables | $53,612,000 | $174,491,000 | $217,943,000 | $307,963,000 |
| Accounts Receivable | $87,865,000 | $97,182,000 | $27,765,000 | $42,645,000 |
| Cash And Cash Equivalents | $809,415,000 | $482,834,000 | $383,098,000 | $365,624,000 |
| Cash Cash Equivalents And Federal Funds Sold | $809,415,000 | $482,834,000 | $383,098,000 | $365,624,000 |
| Debt | ||||
| Total Debt | $116,351,000 | $98,819,000 | $123,727,000 | $234,771,000 |
| Long Term Debt And Capital Lease Obligation | $101,351,000 | $88,819,000 | $93,727,000 | $234,771,000 |
| Current Debt And Capital Lease Obligation | $15,000,000 | $10,000,000 | $30,000,000 | $0 |
| Current Debt | $15,000,000 | $10,000,000 | $30,000,000 | $0 |
| Long Term Debt | - | - | $40,437,000 | $125,000,000 |
| Other Current Borrowings | - | - | - | $0 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,009,853,000 | $840,163,000 | $841,510,000 | $927,529,000 |
| Derivative Product Liabilities | $1,811,000 | $2,379,000 | $4,188,000 | $5,151,000 |
| Payables And Accrued Expenses | $22,358,000 | $5,862,000 | $979,000 | $4,622,000 |
| Payables | $22,358,000 | $5,862,000 | $979,000 | $4,622,000 |
| Accounts Payable | $22,358,000 | $5,862,000 | $979,000 | $4,622,000 |
| Equity | ||||
| Common Stock Equity | $1,371,007,000 | $1,227,830,000 | $1,085,498,000 | $1,054,073,000 |
| Total Equity Gross Minority Interest | $1,582,793,000 | $1,415,773,000 | $1,299,473,000 | $1,254,028,000 |
| Stockholders Equity | $1,371,007,000 | $1,227,830,000 | $1,085,498,000 | $1,054,073,000 |
| Gains Losses Not Affecting Retained Earnings | $2,733,000 | $-1,179,000 | $-894,000 | $-2,499,000 |
| Other Equity Adjustments | $2,733,000 | $-1,179,000 | $-894,000 | $-2,499,000 |
| Retained Earnings | $728,931,000 | $561,746,000 | $454,358,000 | $453,311,000 |
| Long Term Equity Investment | $17,045,000 | $14,363,000 | $11,886,000 | $11,325,000 |
| Other | ||||
| Treasury Shares Number | $10,767,484 | $13,784,324 | $17,411,808 | $23,485,772 |
| Ordinary Shares Number | $67,483,432 | $64,446,892 | $60,800,596 | $54,692,256 |
| Share Issued | $78,250,916 | $78,231,216 | $78,212,404 | $78,178,028 |
| Tangible Book Value | $952,151,000 | $808,302,000 | $667,541,000 | $617,285,000 |
| Invested Capital | $1,386,007,000 | $1,237,830,000 | $1,115,498,000 | $1,179,073,000 |
| Capital Lease Obligations | $101,351,000 | $88,819,000 | $93,727,000 | $109,771,000 |
| Minority Interest | $211,786,000 | $187,943,000 | $213,975,000 | $199,955,000 |
| Treasury Stock | $318,581,000 | $314,656,000 | $356,297,000 | $441,653,000 |
| Additional Paid In Capital | $957,729,000 | $981,724,000 | $988,136,000 | $1,044,719,000 |
| Capital Stock | $195,000 | $195,000 | $195,000 | $195,000 |
| Common Stock | $195,000 | $195,000 | $195,000 | $195,000 |
| Employee Benefits | $702,847,000 | $563,088,000 | $486,145,000 | $565,738,000 |
| Long Term Capital Lease Obligation | $101,351,000 | $88,819,000 | $93,727,000 | $109,771,000 |
| Line Of Credit | $15,000,000 | $10,000,000 | $30,000,000 | - |
| Investments And Advances | $757,722,000 | $633,140,000 | $639,828,000 | $612,785,000 |
| Available For Sale Securities | $740,677,000 | $618,777,000 | $627,942,000 | $601,460,000 |
| Goodwill | $319,258,000 | $312,024,000 | $301,760,000 | $301,151,000 |
| Net PPE | $141,333,000 | $126,018,000 | $130,157,000 | $155,950,000 |
| Accumulated Depreciation | $-89,312,000 | $-106,944,000 | $-91,378,000 | $-75,759,000 |
| Gross PPE | $230,645,000 | $232,962,000 | $221,535,000 | $231,709,000 |
| Leases | $98,773,000 | $89,519,000 | $83,587,000 | $78,266,000 |
| Other Properties | $64,004,000 | $66,618,000 | $69,387,000 | $87,730,000 |
| Machinery Furniture Equipment | $67,868,000 | $76,825,000 | $68,561,000 | $65,713,000 |
| Total Capitalization | - | - | $1,125,935,000 | $1,179,073,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $551,962,000 | $297,757,000 | $265,578,000 | $-255,507,000 |
| Operating Activities | ||||
| Operating Cash Flow | $586,627,000 | $313,255,000 | $275,629,000 | $-224,907,000 |
| Cash Flow From Continuing Operating Activities | $586,627,000 | $313,255,000 | $275,629,000 | $-224,907,000 |
| Investing Activities | ||||
| Capital Expenditure | $-34,665,000 | $-15,498,000 | $-10,051,000 | $-30,600,000 |
| Investing Cash Flow | $-43,654,000 | $-31,766,000 | $-10,051,000 | $-127,104,000 |
| Cash Flow From Continuing Investing Activities | $-43,654,000 | $-31,766,000 | $-10,051,000 | $-127,104,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-125,043,000 | $-66,426,000 | $-70,680,000 | $-187,334,000 |
| Financing Cash Flow | $-218,733,000 | $-180,610,000 | $-249,586,000 | $-250,058,000 |
| Cash Flow From Continuing Financing Activities | $-218,733,000 | $-180,610,000 | $-249,586,000 | $-250,058,000 |
| Net Other Financing Charges | $11,209,000 | $-3,908,000 | $538,000 | $44,804,000 |
| Cash Dividends Paid | $-114,146,000 | $-73,726,000 | $-84,444,000 | $-107,528,000 |
| Common Stock Dividend Paid | $-114,146,000 | $-73,726,000 | $-84,444,000 | $-107,528,000 |
| Net Common Stock Issuance | $-125,043,000 | $-66,426,000 | $-70,680,000 | $-187,334,000 |
| Other | ||||
| Repayment Of Debt | $0 | $0 | $-125,000,000 | $0 |
| Interest Paid Supplemental Data | $4,905,000 | $5,691,000 | $10,163,000 | $9,481,000 |
| End Cash Position | $809,415,000 | $482,834,000 | $383,098,000 | $365,624,000 |
| Beginning Cash Position | $482,834,000 | $383,098,000 | $365,624,000 | $970,965,000 |
| Effect Of Exchange Rate Changes | $2,341,000 | $-1,143,000 | $1,482,000 | $-3,272,000 |
| Changes In Cash | $324,240,000 | $100,879,000 | $15,992,000 | $-602,069,000 |
| Proceeds From Stock Option Exercised | $4,247,000 | $792,000 | $0 | $0 |
| Common Stock Payments | $-125,043,000 | $-66,426,000 | $-70,680,000 | $-187,334,000 |
| Net Issuance Payments Of Debt | $5,000,000 | $-37,342,000 | $-95,000,000 | $0 |
| Net Short Term Debt Issuance | $5,000,000 | $-37,342,000 | $30,000,000 | $0 |
| Net Long Term Debt Issuance | $0 | $0 | $-125,000,000 | $0 |
| Long Term Debt Payments | $0 | $0 | $-125,000,000 | $0 |
| Net Business Purchase And Sale | $-8,989,000 | $-16,268,000 | $0 | $-96,504,000 |
| Purchase Of Business | $-8,989,000 | $-16,268,000 | $0 | $-96,504,000 |
| Net PPE Purchase And Sale | $-34,665,000 | $-15,498,000 | $-10,051,000 | $-30,600,000 |
| Purchase Of PPE | $-34,665,000 | $-15,498,000 | $-10,051,000 | $-30,600,000 |
| Change In Working Capital | $110,550,000 | $-8,878,000 | $23,274,000 | $-464,824,000 |
| Change In Other Working Capital | $-38,199,000 | $9,521,000 | $-93,445,000 | $-388,909,000 |
| Change In Other Current Liabilities | $33,465,000 | $5,376,000 | $3,147,000 | $-18,682,000 |
| Change In Other Current Assets | $-22,091,000 | $-66,171,000 | $28,756,000 | $-5,216,000 |
| Change In Payables And Accrued Expense | $16,496,000 | $4,883,000 | $-3,643,000 | $-8,625,000 |
| Change In Payable | $16,496,000 | $4,883,000 | $-3,643,000 | $-8,625,000 |
| Change In Receivables | $120,879,000 | $37,513,000 | $88,459,000 | $-43,392,000 |
| Other Non Cash Items | $25,352,000 | $16,635,000 | $10,816,000 | $9,322,000 |
| Stock Based Compensation | $123,914,000 | $103,363,000 | $93,768,000 | $131,203,000 |
| Deferred Tax | $5,459,000 | $17,624,000 | $11,426,000 | $-32,802,000 |
| Deferred Income Tax | $5,459,000 | $17,624,000 | $11,426,000 | $-32,802,000 |
| Depreciation Amortization Depletion | $27,387,000 | $27,071,000 | $37,372,000 | $31,014,000 |
| Depreciation And Amortization | $27,387,000 | $27,071,000 | $37,372,000 | $31,014,000 |
| Amortization Cash Flow | $9,999,000 | $10,288,000 | $19,440,000 | $15,375,000 |
| Amortization Of Intangibles | $9,999,000 | $10,288,000 | $19,440,000 | $15,375,000 |
| Depreciation | $17,388,000 | $16,783,000 | $17,932,000 | $15,639,000 |
| Net Income From Continuing Operations | $293,965,000 | $157,440,000 | $98,973,000 | $101,180,000 |
| Income Tax Paid Supplemental Data | - | $10,907,000 | $19,446,000 | $85,428,000 |
| Short Term Debt Payments | - | - | - | $0 |
| Change In Account Payable | - | - | - | $-8,625,000 |
| Changes In Account Receivables | - | - | - | $-43,392,000 |
| Issuance Of Debt | - | - | - | - |
| Long Term Debt Issuance | - | - | - | - |
| Sale Of Business | - | - | - | - |
| Gain Loss On Sale Of Business | - | - | - | - |