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Piper Sandler CompaniesNYSE:PIPR Stock Report

Market Cap US$5.1b
Share Price
n/a
1Y-3.1%
7D-8.5%
1D-1.5%
Portfolio Value
View

Piper Sandler Companies

NYSE:PIPR Stock Report

Market Cap: US$5.1b

Piper Sandler Companies (PIPR) Stock Overview

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. More details

PIPR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends3/6

PIPR Community Fair Values

Create Narrative

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Piper Sandler Companies Competitors

Price History & Performance

Summary of share price highs, lows and changes for Piper Sandler Companies
Historical stock prices
Current Share PriceUS$71.09
52 Week HighUS$95.07
52 Week LowUS$68.70
Beta1.42
1 Month Change-8.14%
3 Month Change-8.66%
1 Year Change-3.09%
3 Year Change123.84%
5 Year Change131.36%
Change since IPO521.55%

Recent News & Updates

Narrative Update Jun 26

PIPR: Buybacks And Rising Dividend Will Support Future Share Repricing

The latest Narrative Update on Piper Sandler Companies reflects a shift in analyst assumptions that supports a revised price target of $95.13. Analysts point to changes in fair value estimates, discount rate, revenue growth, profit margin outlook, and future P/E expectations as key drivers of the adjustment.
Analysis Article Jun 16

Piper Sandler Companies (PIPR) Stock Could Be 80.3% Undervalued After Banking Leadership Reshuffle

Leadership reshuffle puts focus on services, industrials and private equity advisory Piper Sandler Companies (PIPR) stock is in focus after the firm reshaped its investment banking leadership, appointing new co-heads for services and industrials and forming a dedicated private equity advisory group. The reorganization places Rob Parker and Tripp Griffin in charge of services and industrials investment banking. Experienced dealmakers Matt Sznewajs, John Tye and David Lee are set to lead the...
Seeking Alpha Jun 11

Piper Sandler: Strong Advisory Growth, But Cyclicality Still Matters

Summary Piper Sandler Companies is a quality middle-market investment bank, but the current valuation leaves a limited margin of safety. PIPR's revenue growth is driven by advisory services, now comprising over half of total revenues, increasing exposure to deal cycle cyclicality. At a P/E of 18x, above its five-year average, PIPR reflects optimistic M&A growth expectations and is sensitive to any market slowdown. Dividend yield is stable at 1.55%, but not enough to offset share price volatility given high valuation and cyclical risks. Read the full article on Seeking Alpha

Recent updates

Narrative Update Jun 26

PIPR: Buybacks And Rising Dividend Will Support Future Share Repricing

The latest Narrative Update on Piper Sandler Companies reflects a shift in analyst assumptions that supports a revised price target of $95.13. Analysts point to changes in fair value estimates, discount rate, revenue growth, profit margin outlook, and future P/E expectations as key drivers of the adjustment.
Analysis Article Jun 16

Piper Sandler Companies (PIPR) Stock Could Be 80.3% Undervalued After Banking Leadership Reshuffle

Leadership reshuffle puts focus on services, industrials and private equity advisory Piper Sandler Companies (PIPR) stock is in focus after the firm reshaped its investment banking leadership, appointing new co-heads for services and industrials and forming a dedicated private equity advisory group. The reorganization places Rob Parker and Tripp Griffin in charge of services and industrials investment banking. Experienced dealmakers Matt Sznewajs, John Tye and David Lee are set to lead the...
Seeking Alpha Jun 11

Piper Sandler: Strong Advisory Growth, But Cyclicality Still Matters

Summary Piper Sandler Companies is a quality middle-market investment bank, but the current valuation leaves a limited margin of safety. PIPR's revenue growth is driven by advisory services, now comprising over half of total revenues, increasing exposure to deal cycle cyclicality. At a P/E of 18x, above its five-year average, PIPR reflects optimistic M&A growth expectations and is sensitive to any market slowdown. Dividend yield is stable at 1.55%, but not enough to offset share price volatility given high valuation and cyclical risks. Read the full article on Seeking Alpha
New Narrative Jan 27

Bank Consolidation And Private Credit Expansion Will Support A Stronger Advisory Franchise

Catalysts About Piper Sandler Companies Piper Sandler Companies is a US investment bank that provides advisory, capital markets, public finance and brokerage services across multiple sectors. What are the underlying business or industry changes driving this perspective?
Analysis Article Sep 21

Subdued Growth No Barrier To Piper Sandler Companies' (NYSE:PIPR) Price

Piper Sandler Companies' ( NYSE:PIPR ) price-to-earnings (or "P/E") ratio of 30.7x might make it look like a strong...
Seeking Alpha Jan 06

Piper Sandler: Mid-Market But Better Indexed To Lax FTC (Rating Upgrade)

Summary Piper Sandler Companies is indexed to its coverage of healthcare and depositary institutions, which could work under Trump since they were hampered these last years by antitrust. Corporate financing slowed down again, but was picking up after the close of books in October. Muni financing and fixed income improved with yield curve changes and demand for riskier credit in the current market, evidenced by the low credit spreads. Not sure about the whole sector, and mid-market may not be the correct bet anymore with markets cycling up, but PIPR stock is beginning to look relatively attractive. Read the full article on Seeking Alpha

Shareholder Returns

PIPRUS Capital MarketsUS Market
7D-8.5%0.6%1.6%
1Y-3.1%0.9%21.1%

Return vs Industry: PIPR underperformed the US Capital Markets industry which returned 0.9% over the past year.

Return vs Market: PIPR underperformed the US Market which returned 21.1% over the past year.

Price Volatility

Is PIPR's price volatile compared to industry and market?
PIPR volatility
PIPR Average Weekly Movement4.6%
Capital Markets Industry Average Movement3.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: PIPR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PIPR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18951,858Chad Abrahamwww.pipersandler.com

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.

Piper Sandler Companies Fundamentals Summary

How do Piper Sandler Companies's earnings and revenue compare to its market cap?
PIPR fundamental statistics
Market capUS$5.13b
Earnings (TTM)US$281.66m
Revenue (TTM)US$2.02b
17.9x
P/E Ratio
2.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PIPR income statement (TTM)
RevenueUS$2.02b
Cost of RevenueUS$175.58m
Gross ProfitUS$1.84b
Other ExpensesUS$1.56b
EarningsUS$281.66m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.96
Gross Margin91.29%
Net Profit Margin13.97%
Debt/Equity Ratio1.1%

How did PIPR perform over the long term?

See historical performance and comparison

Dividends

2.9%
Current Dividend Yield
16%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/02 22:17
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Piper Sandler Companies is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ebrahim PoonawalaBofA Global Research
Devin RyanCitizens JMP Securities, LLC
James YaroGoldman Sachs