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PIPR Stock Chart & Stats
$74.44
$0.12(0.16%)
At close: 4:00 PM EDT
$74.44
$0.12(0.16%)
Day’s Range― - ―
52-Week Range$61.35 - $95.07
Previous Close$76.21
Volume443.91K
Average Volume (3M)893.70K
Market Cap
$4.55B
Enterprise Value$5.22B
Total Cash (Recent Filing)$304.23M
Total Debt (Recent Filing)$175.01M
Price to Earnings (P/E)14.1
Beta1.42
Next Earnings
Oct 30, 2026EPS Estimate
0.93Next Dividend Ex-DateN/A
Dividend Yield3.11%
Share Statistics
EPS (TTM)4.55
Shares Outstanding70,670,290
10 Day Avg. Volume926,845
30 Day Avg. Volume893,704
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)4.13
Price to Sales (P/S)2.97
P/FCF Ratio8.11
Enterprise Value/Market Cap1.15
Enterprise Value/Revenue2.48
Enterprise Value/Gross Profit2.57
Enterprise Value/Ebitda10.12
Forecast
1Y Price Target
$77.50Price Target Upside4.11% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)4.59
Revenue Forecast (FY)$2.08B
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Operating LeveragePiper Sandler is converting revenue into substantial profits, with strong TTM margins and further operating leverage in Q2. This profitability supports reinvestment in talent and platforms while providing resilience across normal fluctuations in transaction activity.
Conservative, Resilient Balance SheetZero debt and a substantial equity base give Piper Sandler meaningful financial flexibility for a transaction-driven business. The conservative balance sheet can support continued investment, capital returns, and endurance through weaker capital-markets conditions.
Advisory Growth And Market LeadershipSustained advisory growth and leading rankings in bank M&A indicate differentiated sector expertise and client relevance. These capabilities can support recurring mandates, strengthen cross-selling across capital markets, and improve competitive positioning over multiple quarters.
Bears Say
Highly Cyclical And Variable EarningsPiper Sandler’s transaction-based model exposes earnings and cash generation to M&A, issuance, trading volumes, and market conditions. Prior revenue declines and volatile cash flow show that strong current performance may not translate into consistent results throughout the cycle.
Fixed-income Weakness And Uneven Financing ActivityWeak fixed-income activity and uneven financing results show pressure in important capital-markets businesses. Continued sensitivity to rates, geopolitical conditions, and client trading volumes could constrain revenue diversity and offset strength in advisory during the next several quarters.
Rising Operating-cost PressureHigher technology, occupancy, and litigation-related expenses could dilute operating leverage even if revenue remains healthy. Persistent non-compensation growth would place pressure on margins and require disciplined spending to preserve profitability and shareholder returns.
Piper Sandler News
PIPR FAQ
What was Piper Sandler’s price range in the past 12 months?
Piper Sandler lowest stock price was $61.35 and its highest was $95.06 in the past 12 months.
What is Piper Sandler’s market cap?
Piper Sandler’s market cap is $4.55B.
When is Piper Sandler’s upcoming earnings report date?
Piper Sandler’s upcoming earnings report date is Oct 30, 2026 which is in 8 days.
How were Piper Sandler’s earnings last quarter?
Piper Sandler released its earnings results on Jul 30, 2026. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.875 by $0.165.
Is Piper Sandler overvalued?
According to Wall Street analysts Piper Sandler’s price is currently Undervalued.
Does Piper Sandler pay dividends?
Piper Sandler pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 3.11%. See more information on Piper Sandler dividends here
What is Piper Sandler’s EPS estimate?
Piper Sandler’s EPS estimate is 0.93.
How many shares outstanding does Piper Sandler have?
Piper Sandler has 70,670,290 shares outstanding.
What happened to Piper Sandler’s price movement after its last earnings report?
Piper Sandler reported an EPS of $1.04 in its last earnings report, beating expectations of $0.875. Following the earnings report the stock price went up 3.196%.
Which hedge fund is a major shareholder of Piper Sandler?
Currently, no hedge funds are holding shares in PIPR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Piper Sandler Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$77.50 (4.11% Upside)
$77.50 (4.11% Upside)
Blogger Sentiment
Neutral
PIPR Sentiment 50%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 123.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.59%
12-Months-Change
Fundamentals
Return on Equity
22.90%
Trailing 12-Months
Asset Growth
18.77%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Piper Sandler
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.
PIPR Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong, broad-based revenue and profit growth driven by Corporate Investment Banking and record advisory, municipal and equity brokerage results, alongside disciplined cost and capital return programs. Key challenges include fixed income weakness, ECM and financing quarter-to-quarter volatility, timing concentration in certain large transactions, and upward pressure on non-comp costs (occupancy, data/AI, and a prior litigation charge). Given the depth of the positive financial metrics, market leadership positions, and demonstrated cost discipline that outweigh the cited challenges and timing risks, the overall tone is constructive and confident while acknowledging near-term variability.View all PIPR earnings summariesPIPR Stock 12 Month Forecast
Average Price Target
$77.50
▲(4.11% Upside)
Technical Analysis
Ownership Overview
1.70% Insiders
23.00% Mutual Funds
0.14% Other Institutional Investors
49.15% Public Companies and
Individual Investors











