Market Summary
USD130.01+0.17
Market Closed0.13%
PIPR Stock Price
PIPR RSI Chart
PIPR Valuation
PIPR Price/Sales (Trailing)
PIPR Profitability
PIPR Fundamentals
PIPR Revenue
PIPR Earnings
Price Action
52 Week Range
101.67162.20
(Low)(High)
Last 7 days
0.3%
Last 30 days
-4.0%
Last 90 days
-11.8%
Trailing 12 Months
-0.2%
PIPR Financial Health
PIPR Investor Care
Peers (Alternatives to Piper Jaffray Companies)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GS | 110.1B | 39.0B | -3.67% | 3.47% | 10.43 | 2.82 | -18.28% | -43.67% |
BLK | 101.0B | 17.4B | 0.35% | 4.00% | 20.61 | 5.8 | -11.48% | -20.19% |
SCHW | 99.6B | 21.2B | 3.06% | -22.82% | 13.86 | 4.8 | 14.77% | 27.91% |
RJF | 19.9B | 12.0B | 3.90% | -4.81% | 11.87 | 1.66 | 11.08% | 11.36% |
MKTX | 10.5B | 735.4M | -12.39% | -2.58% | 40.55 | 14.29 | 6.65% | 6.97% |
| MID-CAP | ||||||||
IBKR | 8.5B | 3.5B | 1.40% | 29.22% | 4.63 | 3.18 | 133.79% | 12.59% |
SEIC | 7.6B | 1.9B | -2.73% | -1.27% | 19.47 | 4.06 | -8.09% | -35.44% |
SF | 6.6B | 4.7B | -3.77% | -9.88% | 9.92 | 1.43 | -0.66% | -21.72% |
SNEX | 1.7B | 64.5B | -17.87% | 7.47% | 7.58 | 0.03 | 22.22% | 49.25% |
| SMALL-CAP | ||||||||
PIPR | 1.9B | 1.4B | -4.01% | -0.24% | 19.35 | 1.39 | -29.57% | -62.49% |
VIRT | 1.7B | 2.3B | -11.22% | -32.27% | 6.34 | 0.76 | -8.65% | -30.67% |
COWN | 1.1B | 1.5B | 0.39% | 32.10% | 14.3 | 0.71 | -27.22% | -74.14% |
AC | 869.0M | 16.9M | 6.11% | - | -58.06 | 51.45 | -24.32% | -161.15% |
OPY | 398.9M | 1.2B | -3.66% | 3.31% | 10.59 | 0.34 | -9.34% | -70.93% |
GHL | 265.7M | 262.7M | 104.37% | 23.31% | -33.47 | 1.01 | -10.67% | -128.23% |
Financials for Piper Jaffray Companies
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | -3.6% | 1,383 | 1,435 | 1,693 | 1,806 | 1,963 |
| EBITDA | -44.1% | 159 | 285 | 341 | 418 | - |
| EBITDA Margin | -34.1% | 0.11* | 0.17* | 0.26* | 0.21* | - |
| Earnings Before Taxes | -7.3% | 125 | 134 | 261 | 317 | 394 |
| EBT Margin | -39.2% | 0.09* | 0.15* | 0.24* | 0.20* | - |
| Interest Expenses | 7.5% | 10.00 | 9.00 | 10.00 | 10.00 | 10.00 |
| Net Income | -10.0% | 100 | 111 | 186 | 217 | 266 |
| Net Income Margin | -29.9% | 0.08* | 0.11* | 0.16* | 0.14* | - |
| Free Cahsflow | -321.0% | -224 | 102 | 246 | 486 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -17.3% | 1,804 | 2,182 | 2,042 | 1,951 | 1,882 |
| Cash Equivalents | -87.4% | 46.00 | 366 | 274 | 238 | 247 |
| Net PPE | -3.4% | 66.00 | 68.00 | 65.00 | 59.00 | 53.00 |
| Goodwill | 0.2% | 302 | 301 | 57.00 | 244 | 237 |
| Liabilities | -39.1% | 564 | 928 | 849 | 773 | 726 |
| Long Term Debt | 0% | 125 | 125 | 125 | 125 | 125 |
| Shareholder's Equity | 17.6% | 1,240 | 1,054 | 1,000 | 1,178 | 1,156 |
| Retained Earnings | -5.6% | 428 | 453 | 424 | 418 | 405 |
| Additional Paid-In Capital | -5.1% | 991 | 1,045 | 1,022 | 1,006 | 989 |
| Accumulated Depreciation | 5.5% | 80.00 | 76.00 | 85.00 | 81.00 | 80.00 |
| Shares Outstanding | 8.5% | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 |
| Minority Interest | 1.4% | 203 | 200 | 192 | 181 | 139 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 125.5% | 57.00 | -224 | 102 | 246 | 486 |
| Share Based Compensation | -3.4% | 127 | 131 | 145 | 153 | 170 |
| Cashflow From Investing | 21.9% | -99.27 | -127 | -62.15 | -53.09 | -41.01 |
| Cashflow From Financing | 36.8% | -158 | -250 | -330 | -347 | -348 |
| Dividend Payments | -28.4% | 77.00 | 108 | 149 | 148 | 146 |
| Buy Backs | -28.3% | 134 | 187 | 187 | 198 | 165 |
Risks for PIPR
What is the probability of a big loss on PIPR?
77.3%
Probability that Piper Jaffray Companies stock will be more than 20% underwater in next one year
38.9%
Probability that Piper Jaffray Companies stock will be more than 30% underwater in next one year.
26.5%
Probability that Piper Jaffray Companies stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does PIPR drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Piper Jaffray Companies was unfortunately bought at previous high price.
Drawdowns
Returns for PIPR
Cumulative Returns on PIPR
16.1%
10-Year Cumulative Returns
20.8%
7-Year Cumulative Returns
15.1%
5-Year Cumulative Returns
34.2%
3-Year Cumulative Returns
What are the long-term rolling returns for PIPR?
FIve years rolling returns for Piper Jaffray Companies.
Annualized Returns
Which funds bought or sold PIPR recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -8.65 | -9,445 | 335,298 | -% |
2023-05-25 | Brandywine Global Investment Management, LLC | sold off | -100 | -4,408,230 | - | -% |
2023-05-23 | ROYCE & ASSOCIATES LP | sold off | -100 | -803,533 | - | -% |
2023-05-23 | Front Row Advisors LLC | unchanged | - | - | 7,000 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -6.04 | 3,889 | 7,314,890 | -% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -3.87 | 7,718 | 337,099 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -22.54 | -293,000 | 1,379,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 69.7 | 5,508,290 | 12,336,300 | -% |
2023-05-17 | Thrivent Financial for Lutherans | reduced | -6.34 | -5,000 | 1,882,000 | -% |
2023-05-17 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -12.69 | 119,707 | 1,523,220 | 0.02% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Piper Jaffray Companies News
Schedule 13G FIlings of Piper Jaffray Companies
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 10.27% | 1,831,000 | SC 13G/A | |
| Jan 23, 2023 | blackrock inc. | 14.3% | 2,543,637 | SC 13G/A | |
| Jul 11, 2022 | vanguard group inc | 10.00% | 1,781,221 | SC 13G/A | |
| Jan 28, 2022 | blackrock inc. | 13.9% | 2,482,778 | SC 13G/A | |
| Nov 10, 2021 | vanguard group inc | 10.02% | 1,792,110 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 9.36% | 1,672,259 | SC 13G/A | |
| Jan 26, 2021 | blackrock inc. | 12.9% | 2,304,541 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 10.69% | 1,536,061 | SC 13G/A | |
| Feb 04, 2020 | blackrock inc. | 15.6% | 2,237,233 | SC 13G/A |
Recent SEC filings of Piper Jaffray Companies
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 23, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 19, 2023 | S-8 | Employee Benefits Plan | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 8-K | Current Report | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for PIPR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-23 | Abraham Chad R | sold | -405,188 | 130 | -3,106 | ceo and chairman |
2023-05-22 | Abraham Chad R | sold | -289,590 | 130 | -2,223 | ceo and chairman |
2023-05-19 | Abraham Chad R | sold | -13,000 | 130 | -100 | ceo and chairman |
2023-05-18 | Abraham Chad R | sold | -13,000 | 130 | -100 | ceo and chairman |
2023-05-17 | SORAN PHILIP | acquired | 100,084 | 129 | 775 | - |
2023-05-17 | HOLT VICTORIA M | acquired | 100,084 | 129 | 775 | - |
2023-05-17 | SCHREIER THOMAS S JR | acquired | 100,084 | 129 | 775 | - |
2023-05-17 | TAYLOR SCOTT C | acquired | 100,084 | 129 | 775 | - |
2023-05-17 | Mitchell Robbin | acquired | 100,084 | 129 | 775 | - |
2023-05-17 | FITZGERALD WILLIAM R | acquired | 100,084 | 129 | 775 | - |
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.
PIPR Income Statement
2023-03-31Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Revenues: | ||
| Investment banking | $ 184,404 | $ 257,502 |
| Institutional brokerage | 96,313 | 104,562 |
| Interest income | 8,712 | 3,856 |
| Investment income/(loss) | 11,115 | (13,074) |
| Total revenues | 300,544 | 352,846 |
| Interest expense | 2,639 | 2,201 |
| Net revenues | 297,905 | 350,645 |
| Non-interest expenses: | ||
| Compensation and benefits | 199,394 | 247,899 |
| Outside services | 12,126 | 11,176 |
| Occupancy and equipment | 15,728 | 14,536 |
| Communications | 14,311 | 12,425 |
| Marketing and business development | 10,052 | 8,632 |
| Deal-related expenses | 6,014 | 5,544 |
| Trade execution and clearance | 4,914 | 4,035 |
| Restructuring and integration costs | 0 | 1,247 |
| Intangible asset amortization | 4,904 | 2,921 |
| Other operating expenses | 4,653 | 6,593 |
| Total non-interest expenses | 272,096 | 315,008 |
| Income before income tax expense/(benefit) | 25,809 | 35,637 |
| Income tax expense/(benefit) | (7,637) | 10,979 |
| Net income | 33,446 | 24,658 |
| Net income/(loss) applicable to noncontrolling interests | 7,812 | (11,993) |
| Net income applicable to Piper Sandler Companies | $ 25,634 | $ 36,651 |
| Earnings per common share | ||
| Basic | $ 1.77 | $ 2.53 |
| Diluted | 1.49 | 2.12 |
| Dividends declared per common share (in dollars per share) | $ 1.85 | $ 5.10 |
| Weighted average number of common shares outstanding | ||
| Basic (in shares) | 14,507 | 14,481 |
| Diluted (in shares) | 17,182 | 17,294 |