Inside the research
Piper Sandler Companies
PIPR Research profile · latest available data
Price overview
$72.34
▲ +1.26 (+1.8%)
| 52w hi | $92.26 |
|---|---|
| 52w lo | $69.60 |
| Vol | 483.40K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.00
| Short | -0.29 |
|---|---|
| Medium | +0.02 |
| Long | +0.54 |
computed 2026-09-27
Key fundamentals
Piper Sandler Companies
Financial Services · Capital Markets
| Market cap | $5.11B |
|---|---|
| Enterprise value | $4.37B |
| Trailing P/E | 16.78x |
| Forward P/E | 13.08x |
| P / S (ttm) | 2.42x |
| Profit margin | 14.5% |
| Return on equity | 24.5% |
| Revenue growth | +24.9% |
| Earnings growth | +61.0% |
| Debt / equity | 11.27 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.46 | |
| Sector | +0.02 | |
| Technical | -0.19 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 1.52 |
|---|---|
| Corr SPX | 0.65 |
| Annual vol | 37.8% |
| Annual ret | +7.5% |
| Sharpe | 0.20 |
| Max DD | -39.6% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Exhibits | read |
| 2026-05-21 | Shareholder Vote | read |
| 2026-05-01 | Earnings Release, Exhibits | read |
| 2026-03-23 | Bylaws Amendment, Other Material Event… | read |
| 2026-02-06 | Earnings Release, Other Material Event… | read |
| 2026-02-04 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-10-31 | Earnings Release, Exhibits | read |
| 2025-08-01 | Earnings Release, Exhibits | read |
| 2025-05-22 | Shareholder Vote | read |
| 2025-05-02 | Earnings Release, Exhibits | read |
| 2025-01-31 | Earnings Release, Exhibits | read |
| 2024-10-25 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-30 | Sterling Brian R | Grant | 345 | — | |
| 2026-06-30 | SORAN PHILIP | Grant | 345 | — | |
| 2026-06-30 | Gallo Ann C | Grant | 345 | — | |
| 2026-06-12 | TAYLOR SCOTT C | Grant | 87 | — | |
| 2026-06-12 | Sterling Brian R | Grant | 31 | — | |
| 2026-06-12 | SORAN PHILIP | Grant | 206 | — | |
| 2026-06-12 | Mitchell Robbin | Grant | 40 | — | |
| 2026-06-12 | HOLT VICTORIA M | Grant | 76 | — | |
| 2026-06-12 | Gallo Ann C | Grant | 20 | — | |
| 2026-05-20 | TAYLOR SCOTT C | Grant | 1.88K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 94.3% |
| HHI | 6,068 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $211.23M | 2.92M |
| Capital Research / Capital World | $14.25M | 196.96K |
| Citadel Advisors | $11.51M | 159.09K |
| Renaissance Technologies | $10.84M | 149.84K |
| Fidelity / FMR LLC | $9.73M | 134.51K |
| Millennium Management | $8.97M | 123.96K |
| AQR Capital Management | $4.87M | 67.31K |
| Bridgewater Associates | $1.74M | 24.02K |
| T. Rowe Price Group | $6.80K | 93.98K |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.21% |
|---|---|
| $ / share (TTM) | $1.60 |
| 5y CAGR | +23.3% |
Annual dividend per share
| 2021 | $1.70 |
|---|---|
| 2022 | $1.72 |
| 2023 | $0.91 |
| 2024 | $0.88 |
| 2025 | $1.43 |
| 2026 | $1.43 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $480.09M | +2.2% | |
| Net income | $34.77M | +2.8% | |
| Cash from ops | $313.25M | +21.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $71.37 | $72.65 | $71.18 | $72.34 | 483.40K |
| Sep 24 | $72.18 | $73.08 | $69.92 | $71.08 | 819.30K |
| Sep 23 | $72.13 | $73.42 | $72.13 | $72.42 | 550.90K |
| Sep 22 | $74.40 | $74.70 | $71.66 | $72.74 | 930.00K |
| Sep 21 | $73.45 | $74.06 | $72.31 | $73.87 | 432.50K |
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