Piper Sandler Companies (NYSE:PIPR) Posts Earnings Results, Beats Expectations By $0.81 EPS

Posted by Nicole Kennedy on Jan 31st, 2025

Piper Sandler Companies (NYSE:PIPR – Get Free Report) posted its earnings results on Friday. The financial services provider reported $4.80 earnings per share for the quarter, beating the consensus estimate of $3.99 by $0.81, Zacks reports. Piper Sandler Companies had a net margin of 10.84% and a return on equity of 16.06%.

Piper Sandler Companies Stock Up 5.0 %

PIPR traded up $15.36 on Friday, reaching $325.37. The company’s stock had a trading volume of 74,829 shares, compared to its average volume of 87,921. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of 34.77 and a beta of 1.46. Piper Sandler Companies has a fifty-two week low of $171.70 and a fifty-two week high of $351.80. The stock has a 50 day moving average of $300.81 and a two-hundred day moving average of $312.77.

Analyst Upgrades and Downgrades

PIPR has been the topic of a number of research reports. StockNews.com lowered shares of Piper Sandler Companies from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th. The Goldman Sachs Group downgraded Piper Sandler Companies from a “buy” rating to a “neutral” rating and set a $317.00 price target on the stock. in a report on Monday, January 6th.

View Our Latest Stock Report on Piper Sandler Companies

About Piper Sandler Companies

(Get Free Report)

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 and institutional sales, trading, and research services for various equity and fixed income products; advisory services, such as mergers and acquisitions, equity and debt private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.