(PIPR) Piper Sandler Companies - Overview
Sector: Financial Services | Industry: Capital Markets | Exchange: NYSE (USA) | Market Cap: 5.324m USD | Total Return: 25.1% in 12m
Investment Banking, Asset Management, Securities Trading, Financial Advisory
Total Rating 45
Safety 72
Buy Signal -0.46
Capital Markets
Industry Rotation: -18.2
Industry Rotation: -18.2
Market Cap:
5.32B
Avg Turnover: 50.7M
Avg Turnover: 50.7M
Risk 3d forecast
Volatility32.4%
VaR 5th Pctl5.57%
VaR vs Median4.16%
Reward TTM
Sharpe Ratio0.70
Rel. Str. IBD44.5
Rel. Str. Peer Group51.8
Character TTM
Beta1.480
Beta Downside1.568
Hurst Exponent0.474
Drawdowns 3y
Max DD38.78%
CAGR/Max DD1.02
CAGR/Mean DD4.79
EPS (Earnings per Share)
EPS CAGR: 28.89%
EPS Trend: 95.7%
EPS Trend: 95.7%
Last SUE: -4.00
Qual. Beats: -1
Qual. Beats: -1
Revenue
Rev. CAGR: 16.99%
Rev. Trend: 96.0%
Rev. Trend: 96.0%
Last SUE: 0.72
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: PIPR Piper Sandler Companies
Piper Sandler Companies (PIPR) is a Minneapolis-based investment bank and institutional securities firm providing comprehensive financial services to corporate, public, and institutional clients. The firm specializes in capital markets execution, mergers and acquisitions (M&A) advisory, and institutional brokerage across equity and fixed income markets. Following its 2020 merger with Sandler ONeill & Partners, the company significantly expanded its footprint in the financial services sector, particularly within the mid-market banking and regional financial institution segments.
The business model operates primarily through fee-based advisory and commission-based trading, supplemented by alternative asset management strategies. As an investment bank, Piper Sandler benefits from cyclical market activity, where revenue is closely tied to the volume of debt and equity underwriting as well as global M&A transaction flow. The firm maintains a specialized focus on public finance, serving state and local governments and non-profit entities through municipal bond underwriting and financial advisory services.
Investors can further evaluate the companys valuation metrics and historical performance trends on ValueRay. Piper Sandler continues to leverage its research-driven approach to provide fundamental equity and macro analysis to institutional investors and asset managers.
- Middle-market M&A volume recovery drives investment banking advisory revenue growth
- Federal Reserve interest rate policy dictates fixed income institutional brokerage performance
- Expansion of alternative asset management platforms improves recurring fee-based revenue
- Public finance underwriting activity fluctuates with state and local government infrastructure spending
- Sector-specific concentration in healthcare and financial services increases industry-specific volatility risk
Piotroski VR‑10 (Strict)
6.5
| Net Income: 281.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.27 > 0.02 and ΔFCF/TA 11.54 > 1.0 |
| NWC/Revenue: 32.70% < 20% (prev 17.21%; Δ 15.50% < -1%) |
| CFO/TA 0.28 > 3% & CFO 596.6m > Net Income 281.7m |
| Net Debt (-232.2m) to EBITDA (455.8m): -0.51 < 3 |
| Current Ratio: 6.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (71.2m) vs 12m ago -0.85% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 101.2% > 50% (prev 82.50%; Δ 18.67% > 0%) |
| Interest Coverage Ratio: 80.57 > 6 (EBITDA TTM 455.8m / Interest Expense TTM 4.29m) |
Altman Z''
5.48
| A: 0.31 (Total Current Assets 765.7m - Total Current Liabilities 112.2m) / Total Assets 2.13b |
| B: 0.32 (Retained Earnings 680.5m / Total Assets 2.13b) |
| C: 0.18 (EBIT TTM 346.1m / Avg Total Assets 1.98b) |
| D: 1.19 (Book Value of Equity 683.1m / Total Liabilities 572.2m) |
| Altman-Z'' Score: 5.48 = AAA |
Beneish M
-3.17
| DSRI: 0.86 (Receivables 197.5m/173.6m, Revenue 2.00b/1.50b) |
| GMI: 1.02 (GM 97.34% / 99.63%) |
| AQI: 0.77 (AQ_t 0.58 / AQ_t-1 0.75) |
| SGI: 1.33 (Revenue 2.00b / 1.50b) |
| TATA: -0.15 (NI 281.7m - CFO 596.6m) / TA 2.13b) |
| Beneish M-Score: -3.17 (Cap -4..+1) = AA |
What is the price of PIPR shares?
As of May 21, 2026, the stock is trading at USD 80.04 with a total of 407,801 shares traded.
Over the past week, the price has changed by -0.63%, over one month by -12.20%, over three months by -0.18% and over the past year by +25.05%.
Over the past week, the price has changed by -0.63%, over one month by -12.20%, over three months by -0.18% and over the past year by +25.05%.
Is PIPR a buy, sell or hold?
Piper Sandler Companies has received a consensus analysts rating of 3.00.
Therefor, it is recommend to hold PIPR.
- StrongBuy: 0
- Buy: 0
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the PIPR price?
| Analysts Target Price | 95.1 | 18.9% |
Piper Sandler Companies (PIPR) - Fundamental Data Overview
as of 19 May 2026
P/E Trailing = 19.8965 P/E Forward = 10.1112
P/S = 2.6404
P/B = 4.2902
P/EG = 1.2623
Revenue TTM = 2.00b USD
EBIT TTM = 346.1m USD
EBITDA TTM = 455.8m USD
Long Term Debt = 101.4m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 112.2m USD (from shortTermDebt, last quarter)
Debt = 112.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -232.2m USD (from netDebt column, last quarter)
Enterprise Value = 5.09b USD (5.32b + Debt 112.2m - CCE 344.4m)
Interest Coverage Ratio = 80.57 (Ebit TTM 346.1m / Interest Expense TTM 4.29m)
EV/FCF = 8.92x (Enterprise Value 5.09b / FCF TTM 571.0m)
FCF Yield = 11.21% (FCF TTM 571.0m / Enterprise Value 5.09b)
FCF Margin = 28.57% (FCF TTM 571.0m / Revenue TTM 2.00b)
Net Margin = 14.09% (Net Income TTM 281.7m / Revenue TTM 2.00b)
Gross Margin = unknown ((Revenue TTM 2.00b - Cost of Revenue TTM 53.2m) / Revenue TTM)
Tobins Q-Ratio = 2.39 (Enterprise Value 5.09b / Total Assets 2.13b)
Interest Expense / Debt = 0.66% (Interest Expense 736k / Debt 112.2m)
Taxrate = 22.31% (19.6m / 87.9m)
NOPAT = 268.8m (EBIT 346.1m * (1 - 22.31%))
Current Ratio = 6.82 (Total Current Assets 765.7m / Total Current Liabilities 112.2m)
Debt / Equity = 0.08 (Debt 112.2m / totalStockholderEquity, last quarter 1.34b)
Debt / EBITDA = -0.51 (Net Debt -232.2m / EBITDA 455.8m)
Debt / FCF = -0.41 (Net Debt -232.2m / FCF TTM 571.0m)
Total Stockholder Equity = 1.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.26% (Net Income 281.7m / Total Assets 2.13b)
RoE = 21.56% (Net Income TTM 281.7m / Total Stockholder Equity 1.31b)
RoCE = 24.58% (EBIT 346.1m / Capital Employed (Equity 1.31b + L.T.Debt 101.4m))
RoIC = 20.53% (NOPAT 268.8m / Invested Capital 1.31b)
WACC = 10.97% (E(5.32b)/V(5.44b) * Re(11.19%) + D(112.2m)/V(5.44b) * Rd(0.66%) * (1-Tc(0.22)))
Discount Rate = 11.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 55.56 | Cagr: 1.12%
[DCF] Terminal Value 59.00% ; FCFF base≈453.7m ; Y1≈303.2m ; Y5≈143.6m
[DCF] Fair Price = 31.11 (EV 1.87b - Net Debt -232.2m = Equity 2.10b / Shares 67.6m; r=10.97% [WACC]; 5y FCF grow -38.71% → 3.0% )
EPS Correlation: 95.72 | EPS CAGR: 28.89% | SUE: -4.0 | # QB: -1
Revenue Correlation: 95.99 | Revenue CAGR: 16.99% | SUE: 0.72 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.86 | Chg30d=-13.39% | Revisions=-33% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.12 | Chg30d=-3.70% | Revisions=-33% | Analysts=5
EPS current Year (2026-12-31): EPS=4.71 | Chg30d=-1.55% | Revisions=-11% | GrowthEPS=+6.3% | GrowthRev=+10.1%
EPS next Year (2027-12-31): EPS=5.62 | Chg30d=-2.25% | Revisions=-11% | GrowthEPS=+19.3% | GrowthRev=+12.0%
[Analyst] Revisions Ratio: -33%