PIPR
Piper Sandler Companies NYSE Listed Jan 2, 2004$81.80
+1.23%
vs $80.81
Mkt Cap $5.8B
52w Low $63.60
58.9% of range
52w High $94.52
50d MA $81.91
200d MA $83.17
P/E (TTM)
20.7x
EV/EBITDA
12.1x
P/B
3.4x
Debt/Equity
0.1x
ROE
8.3%
P/FCF
8.3x
RSI (14)
60.90
ATR (14)
$2.25
Beta
1.48
50d MA
$81.91
200d MA
$83.17
Avg Volume
548.5K
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. The company also offers public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, and transportation sectors. In addition, it provides equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities. Further, the company is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors, as well as trading activities. 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.
800 Nicollet Mall · Minneapolis, MN 55402 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 1, 2026 | BMO | 0.85 | 1.00 | +17.6% | 87.20 | -3.8% | -8.9% | -2.2% | +3.5% | +0.2% | -0.1% | — |
| Feb 6, 2026 | BMO | 1.18 | 1.72 | +45.8% | 82.91 | +7.0% | +9.9% | +2.3% | -3.5% | -5.0% | -6.0% | — |
| Oct 31, 2025 | BMO | 3.17 | 3.82 | +20.5% | 81.78 | +1.7% | -2.4% | +1.4% | +0.8% | +2.7% | -2.0% | — |
| Aug 1, 2025 | BMO | 2.25 | 2.95 | +31.1% | 78.83 | -1.8% | -1.2% | +3.0% | +0.8% | -0.3% | -0.5% | — |
| May 2, 2025 | BMO | 2.65 | 4.09 | +54.3% | 60.70 | +5.7% | +3.7% | -2.1% | -0.5% | +1.8% | +2.6% | — |
| Jan 31, 2025 | BMO | 3.99 | 4.80 | +20.3% | 77.50 | +5.5% | +2.3% | -0.1% | +1.1% | +1.1% | -1.3% | — |
| Oct 25, 2024 | BMO | 2.67 | 2.57 | -3.7% | 72.37 | -3.0% | -3.1% | +3.1% | -0.2% | -1.1% | -0.6% | — |
| Aug 2, 2024 | BMO | 2.27 | 2.52 | +11.0% | 65.53 | -2.0% | -6.7% | -2.5% | +1.9% | -0.4% | +5.4% | — |
| Apr 26, 2024 | BMO | 2.12 | 2.79 | +31.6% | 48.01 | +0.7% | +2.7% | +1.2% | -1.9% | +1.3% | +2.4% | — |
| Feb 2, 2024 | BMO | 2.61 | 4.03 | +54.4% | 44.34 | +6.6% | +7.6% | -3.9% | -1.3% | -0.2% | +1.9% | — |
| Oct 27, 2023 | BMO | 1.59 | 1.76 | +10.7% | 33.05 | +4.7% | +1.9% | +2.9% | +0.9% | +0.3% | +1.7% | — |
| Jul 28, 2023 | BMO | 1.18 | 1.13 | -4.2% | 37.45 | -2.5% | +0.2% | -2.5% | +2.7% | -1.2% | +0.5% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 12 | Goldman Sachs | Maintains | Buy → Buy | — | $72.53 | $70.39 | -3.0% | -3.5% | +0.9% | +3.2% | +2.5% | -1.0% |
| Nov 10 | Goldman Sachs | Upgrade | Neutral → Buy | — | $81.75 | $84.19 | +3.0% | +2.5% | +0.4% | +0.7% | -3.1% | -0.0% |
| Jul 10 | Wolfe Research | Upgrade | Peer Perform → Outperform | — | $72.44 | $73.65 | +1.7% | +4.4% | -0.1% | +1.1% | -2.7% | +3.4% |
| May 5 | JMP Securities | Maintains | Market Perform → Market Perform | — | $62.97 | $61.27 | -2.7% | -2.1% | -0.5% | +1.8% | +2.6% | -1.8% |
| Mar 14 | Citizens Capital Markets | Maintains | Market Perform → Market Perform | — | $63.01 | $63.32 | +0.5% | +0.7% | +1.2% | -1.5% | +1.9% | -0.2% |
| Mar 14 | Goldman Sachs | Maintains | Neutral → Neutral | — | $63.01 | $63.32 | +0.5% | +0.7% | +1.2% | -1.5% | +1.9% | -0.2% |
| Mar 14 | JMP Securities | Maintains | Market Perform → Market Perform | — | $63.01 | $63.32 | +0.5% | +0.7% | +1.2% | -1.5% | +1.9% | -0.2% |
| Feb 3 | Goldman Sachs | Maintains | Neutral → Neutral | — | $79.29 | $78.09 | -1.5% | -0.1% | +1.1% | +1.1% | -1.3% | -1.9% |
| Feb 3 | JMP Securities | Maintains | Market Perform → Market Perform | — | $79.29 | $78.09 | -1.5% | -0.1% | +1.1% | +1.1% | -1.3% | -1.9% |
| Jan 6 | Goldman Sachs | Downgrade | Buy → Neutral | — | $75.36 | $74.88 | -0.6% | -1.3% | -0.9% | +0.9% | -5.1% | +1.1% |
| Jan 10 | JMP Securities | Downgrade | Market Outperform → Market Perform | — | $42.25 | $41.49 | -1.8% | -1.7% | -0.9% | +0.6% | +0.5% | +0.8% |
| Dec 19 | Northland Capital Markets | Downgrade | Outperform → Market Perform | — | $43.51 | $43.14 | -0.9% | +2.2% | -3.2% | +1.0% | +0.0% | +1.2% |
| Dec 19 | Goldman Sachs | Maintains | Buy → Buy | — | $43.51 | $43.14 | -0.9% | +2.2% | -3.2% | +1.0% | +0.0% | +1.2% |
| Oct 30 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $33.67 | $34.31 | +1.9% | +2.9% | +0.9% | +0.3% | +1.7% | +1.7% |
| Oct 10 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $36.29 | $36.39 | +0.3% | -0.2% | +0.1% | -2.2% | -1.8% | +1.5% |
| Jul 31 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $37.51 | $37.73 | +0.6% | -2.5% | +2.7% | -1.2% | +0.5% | +0.1% |
| Jul 10 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $32.32 | $32.04 | -0.9% | +2.6% | +2.5% | +3.0% | +1.2% | -1.4% |
| Apr 10 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $32.88 | $32.64 | -0.7% | +0.4% | +1.3% | +0.3% | +1.3% | +1.0% |
| Mar 29 | Northland Capital Markets | Maintains | Outperform → Outperform | — | $34.08 | $34.38 | +0.9% | -1.0% | -0.7% | +3.5% | -1.4% | -3.7% |
| Feb 6 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $38.70 | $38.85 | +0.4% | -0.8% | -0.6% | -0.3% | +0.0% | +2.5% |
| Feb 6 | Northland Capital Markets | Maintains | Outperform → Outperform | — | $38.70 | $38.85 | +0.4% | -0.8% | -0.6% | -0.3% | +0.0% | +2.5% |
| Feb 6 | Goldman Sachs | Maintains | Buy → Buy | — | $38.70 | $38.85 | +0.4% | -0.8% | -0.6% | -0.3% | +0.0% | +2.5% |
| Jan 10 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $34.49 | $34.13 | -1.0% | +1.0% | +0.4% | +1.8% | +0.2% | -1.1% |
| Jul 12 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $26.64 | $26.68 | +0.2% | +1.9% | -0.8% | -3.8% | +3.5% | -0.9% |
| Jul 11 | Wolfe Research | Downgrade | Outperform → Peer Perform | — | $27.97 | $27.91 | -0.2% | -4.8% | +1.9% | -0.8% | -3.8% | +3.5% |
| Apr 7 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $30.05 | $29.60 | -1.5% | -6.1% | +1.2% | -1.7% | +0.0% | +2.8% |
| Jan 10 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $44.13 | $44.40 | +0.6% | +0.7% | +2.0% | -2.9% | -1.7% | -3.3% |
| Nov 1 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $41.17 | $41.81 | +1.6% | +4.3% | -0.2% | +4.1% | -0.2% | +0.6% |
| Aug 31 | Northland Capital Markets | Maintains | Outperform → Outperform | — | $35.69 | $35.96 | +0.8% | +0.1% | +0.7% | -0.4% | +0.1% | -4.7% |
| Jul 12 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $31.20 | $31.19 | -0.0% | +2.4% | -2.3% | +0.1% | -1.0% | -3.4% |
| Oct 9 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $20.13 | $20.51 | +1.9% | +1.7% | +2.1% | -1.3% | -0.8% | +2.2% |
| Jul 10 | JMP Securities | Upgrade | Market Perform → Market Outperform | — | $13.85 | $14.13 | +2.0% | +7.0% | -0.2% | +0.9% | +4.6% | -1.0% |
| Feb 3 | Buckingham | Maintains | Neutral → Neutral | — | $20.61 | $20.82 | +1.0% | +2.9% | +1.1% | +1.1% | -1.2% | -0.6% |
| Feb 2 | Buckingham Research | Maintains | Neutral → Neutral | — | — | — | — | — | — | — | — | — |
| Apr 30 | Keefe Bruyette & Woods | Downgrade | Outperform → Market Perform | — | $18.86 | $18.20 | -3.5% | -7.2% | -0.3% | +1.1% | +0.3% | +2.0% |
| Oct 30 | Keefe Bruyette & Woods | Upgrade | Market Perform → Outperform | — | $16.58 | $17.14 | +3.4% | +6.2% | +3.8% | -0.9% | +0.0% | -0.9% |
| Feb 8 | Macquarie | Maintains | Neutral → Neutral | — | $9.59 | $9.61 | +0.2% | +0.4% | +3.3% | +2.6% | -3.4% | +1.7% |
| Dec 11 | Keefe Bruyette & Woods | Downgrade | Outperform → Market Perform | — | $10.48 | $10.16 | -3.1% | -7.4% | -1.0% | +3.8% | +2.8% | -1.9% |
| Nov 18 | Macquarie | Maintains | Neutral → Neutral | — | $8.63 | $8.74 | +1.3% | +3.7% | +6.7% | +2.0% | -0.9% | +2.3% |
| Oct 30 | Macquarie | Maintains | Neutral → Neutral | — | $8.60 | $8.70 | +1.2% | +3.4% | +4.6% | +0.0% | +0.4% | +0.0% |
| Oct 30 | Keefe Bruyette & Woods | Upgrade | Market Perform → Outperform | — | $8.60 | $8.70 | +1.2% | +3.4% | +4.6% | +0.0% | +0.4% | +0.0% |
| Oct 7 | Keefe Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $9.01 | $9.01 | +0.0% | +4.8% | -1.3% | -1.7% | -1.9% | +0.9% |
| Jul 15 | Susquehanna | Maintains | Neutral → Neutral | — | $10.75 | $10.72 | -0.3% | -2.0% | -2.4% | -0.5% | +1.7% | -1.8% |
| Jan 26 | Macquarie | Upgrade | Underperform → Neutral | — | $13.30 | $13.61 | +2.3% | +1.8% | -0.2% | -4.1% | +2.2% | -3.6% |
| Oct 24 | Keefe Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $13.20 | $13.28 | +0.6% | +1.0% | +0.6% | +2.7% | -0.9% | -0.8% |
| Oct 18 | Sandler O'Neill | Downgrade | Buy → Hold | — | $7.12 | $7.00 | -1.7% | -4.1% | -0.7% | +1.3% | -0.3% | -0.6% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 5, 2026 | Doyle Jonathan JDir/Off | Hd of Financial Services Group | Sell | 300 | $81.08 | $24K | 477,684 | -0.14% | +0.19% |
| May 5, 2026 | Doyle Jonathan JDir/Off | Hd of Financial Services Group | Sell | 38,600 | $80.66 | $3.1M | 477,984 | -0.14% | +0.19% |
| May 5, 2026 | Doyle Jonathan JDir/Off | Hd of Financial Services Group | Sell | 6,100 | $79.24 | $483K | 516,584 | -0.14% | +0.19% |
| May 4, 2026 | Doyle Jonathan JDir/Off | Hd of Financial Services Group | Sell | 300 | $78.25 | $23K | 522,684 | -0.14% | +0.19% |
| May 4, 2026 | Doyle Jonathan JDir/Off | Hd of Financial Services Group | Sell | 25,404 | $77.54 | $2.0M | 522,984 | -0.14% | +0.19% |
| May 4, 2026 | Doyle Jonathan JDir/Off | Hd of Financial Services Group | Sell | 19,296 | $76.78 | $1.5M | 548,388 | -0.14% | +0.19% |
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
PIPR incorporated its 8-K disclosure into S-8 registration statements, likely signaling employee stock plan updates that could dilute existing shareholders through increased equity grants or plan modifications.
Mar 23
8-K · 8.01
!! High
Piper Sandler Companies -- 8-K 8.01: Material Event / Announcement
Piper Sandler Companies approved a four-for-one forward stock split, increasing authorized common shares and reducing per-share price proportionately, effective February 6, 2026.
Feb 6
8-K · 5.02
!!! Very High
Piper Sandler Companies -- 8-K 5.02: Executive Change
Piper Sandler Companies appointed Stuart M. Essig as a director, expanding its board leadership potentially with his industry expertise.
Feb 4
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 5,133,533 | $393M | New | Mar 2026 |
| 2 | Vanguard Capital Management Llc | 3,022,686 | $231M | New | Mar 2026 |
| 3 | Invesco Ltd. | 2,609,305 | $200M | New | Mar 2026 |
| 4 | Jpmorgan Chase & Co | 877,156 | $65M | New | Mar 2026 |
| 5 | Northern Trust Corp | 754,781 | $58M | New | Mar 2026 |
| 6 | Systematic Financial Management Lp | 722,028 | $55M | New | Mar 2026 |
| 7 | Nuveen, Llc | 697,596 | $53M | New | Mar 2026 |
| 8 | Walleye Capital Llc | 663,502 | $51M | New | Mar 2026 |
| 9 | Fmr Llc | 611,109 | $47M | New | Mar 2026 |
| 10 | Bank Of New York Mellon Corp | 570,250 | $44M | New | Mar 2026 |
| 11 | Mairs & Power Inc | 546,090 | $42M | New | Mar 2026 |
| 12 | Lord, Abbett & Co. Llc | 519,243 | $40M | New | Mar 2026 |
| 13 | Franklin Resources Inc | 511,680 | $39M | New | Mar 2026 |
| 14 | Janus Henderson Group Plc | 482,175 | $37M | New | Mar 2026 |
| 15 | Sei Investments Co | 366,575 | $28M | New | Mar 2026 |
| 16 | Citadel Advisors Llc | 321,388 | $25M | New | Mar 2026 |
| 17 | Barclays Plc | 290,026 | $22M | New | Mar 2026 |
| 18 | Bank Of America Corp /de/ | 284,200 | $22M | New | Mar 2026 |
| 19 | Qube Research & Technologies Ltd | 260,958 | $20M | New | Mar 2026 |
| 20 | Ubs Group Ag | 259,965 | $20M | New | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$5.82B
Enterprise Value
$5.01B
P/E (TTM)
20.66x
Forward P/E
17.29x
PEG Ratio
0.42x
P/B
3.44x
P/S
3.06x
P/FCF
8.34x
EV/EBITDA
12.13x
Shares Out
71.1M
Financials (TTM)
Revenue
$1.90B
Net Income
$281.3M
EBITDA
$412.9M
Free Cash Flow
$697.5M
Op Cash Flow
$732.2M
EPS Basic
$4.22
EPS Diluted
$3.96
EPS Forward
$4.73
Gross Margin
93.6%
Op Margin
20.2%
Net Margin
14.8%
Balance Sheet
Total Assets
$2.59B
Total Liab.
$1.01B
Total Equity
$1.58B
Cash
$809.4M
LT Debt
$0
Book Value/Sh
$23.75
Debt/Equity
0.08x
Current Ratio
22.75
Quick Ratio
22.75
Returns & Growth
ROE
8.3%
ROA
4.4%
ROIC
11.8%
Rev Growth YoY
+28.5%
EPS Growth YoY
+47.5%
Price Returns
2W
-2.7%
1M
-10.1%
3M
+6.1%
6M
-6.6%
12M
+24.7%
Technicals
52W High
$94.52
52W Low
$63.60
50d MA
$81.91
200d MA
$83.17
RSI (14)
60.90
ATR (14)
$2.25
Beta
1.48
Avg Volume
549K
Dividends
Div Rate
$1.71
Div Yield
2.2%
Frequency
—
Ex-Div Date
Mar 3, 2026
Analyst Price Targets
Consensus
$97.58
High
$99.50
Low
$96.25
Median
$97.00
Data updated apr 26, 2026 7:43pm
· Source: financialmodelingprep.com