Piper Sandler Q4 Adj EPS $4.03 Beats $2.60 Estimate, Sales $471.85M Beat $370.12M Estimate

2/2/24 8:01:40 AM ET

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Piper Sandler (NYSE:PIPR) reported quarterly earnings of $4.03 per share which beat the analyst consensus estimate of $2.60 by 55 percent. This is a 21.02 percent increase over earnings of $3.33 per share from the same period last year. The company reported quarterly sales of $471.85 million which beat the analyst consensus estimate of $370.12 million by 27.49 percent. This is a 20.66 percent increase over sales of $391.05 million the same period last year.

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Recent Analyst Ratings for
$PIPR

Date	Price Target	Rating	Analyst
1/10/2024		Mkt Outperform → Mkt Perform	JMP Securities
12/19/2023		Outperform → Market Perform	Northland Capital
7/11/2022	$132.00	Outperform → Peer Perform	Wolfe Research
1/10/2022	$183.00 → $194.00	Market Outperform	JMP Securities
12/2/2021	$215.00	Outperform	Wolfe Research
11/1/2021	$172.00 → $183.00	Market Outperform	JMP Securities
9/21/2021	$168.00	Buy	Goldman Sachs
8/31/2021	$135.00 → $161.00	Outperform	Northland Capital Markets

More analyst ratings

$PIPR
Leadership Updates

Live Leadership Updates

Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma
Piper Sandler Companies (NYSE:PIPR), a leading investment bank, is pleased to announce the addition of Matt Somma as a managing director in the financial services group. His primary responsibilities will be advising asset and wealth management firms on M&A transactions and capital raises, as well as providing advice to family offices and their respective portfolio companies on strategic alternatives. Somma will be based in the New York office and report to Bill Burgess and Scott Clark, co-heads of investment banking in the financial services group. "We are excited to have Matt join our asset and wealth management team. His tremendous transaction experience and strong network of relationsh
11/21/24 11:33:00 AM ET
$PIPR
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Piper Sandler Appoints David Hunker as Global Head of Activist Defense and Shareholder Engagement
Piper Sandler Companies (NYSE:PIPR), a leading investment bank, is excited to announce the hiring of David Hunker as managing director and global head of activist defense and shareholder engagement within its investment banking platform. Hunker brings 18 years of experience in investment banking and shareholder activism defense to Piper Sandler. "We are thrilled to welcome David to the firm. He has a proven track record of building shareholder activism defense practices throughout his career, and we are confident he will be a huge asset to our clients. The increasing importance of shareholder activism preparation and defense has never been greater. David has advised on some of the highest
9/3/24 10:30:00 AM ET
$PIPR
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Piper Sandler Promotes Brian White to Co-Head of Technology Investment Banking
Nicholas Osborne Becomes Chairman of Technology Investment Banking Piper Sandler Companies (NYSE:PIPR), a leading investment bank, today announced that effective immediately, Brian White has been appointed co-head of technology investment banking, joining Steven Schmidt, who shares the same title. White assumes the role from Nicholas Osborne, who will become chairman of technology investment banking and focus on clients and driving revenue and growth for the firm. "Brian is a great leader and an exceptional banker who has built a strong security and defense technology practice over the years. We are excited for him to join Steve as they continue to expand our technology business which i
3/4/24 9:00:00 AM ET
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$PIPR
Financials

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Piper Sandler Companies Reports Third Quarter 2024 Results; Declares Quarterly Dividend of $0.65 Per Share
Piper Sandler Companies (NYSE:PIPR) has released its most recent financial results. The complete earnings release can be found on the firm's website at pipersandler.com/earnings Join the earnings conference call on Friday, October 25, 2024 at 8:00 a.m. CT. Dial-in 888 204-4368 (in the U.S.) or +1 773 305-6853 (outside the U.S.) Passcode 2158059 Access the conference call audio webcast. A playback of the call will be available at pipersandler.com/earnings approximately three hours after the event. ABOUT PIPER SANDLER Piper Sandler Companies (NYSE:PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities broke
10/25/24 8:00:00 AM ET
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Piper Sandler Companies to Announce Third Quarter 2024 Financial Results and Host a Conference Call on October 25, 2024
Piper Sandler Companies (NYSE:PIPR), a leading investment bank, will release its third quarter 2024 financial results prior to the opening of the market on Friday, October 25, 2024. The earnings release will be available at the company's website at pipersandler.com/earnings. Chad Abraham, chairman and chief executive officer; Deb Schoneman, president; and Kate Clune, chief financial officer, will host a related conference call at 9 a.m. ET (8 a.m. CT) that same day to review the financial results. There will be a question and answer session following the review. Investors and analysts may participate in the live conference call by dialing 888 204-4368 (in the U.S.) or +1 773 305-6853 (out
10/17/24 8:00:00 AM ET
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Hormel Foods Elects New Member to its Board of Directors
AUSTIN, Minn., Sept. 23, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced today that Debbra Schoneman, president of Piper Sandler Companies, has been elected to the Hormel Foods Board of Directors, effective September 21, 2024. "I am delighted to welcome Deb to the Hormel Foods board," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. "She has an impressive background and brings extensive expertise in finance and corporate development, which will be invaluable as we continu
9/23/24 4:30:00 PM ET
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Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma
Piper Sandler Companies (NYSE:PIPR), a leading investment bank, is pleased to announce the addition of Matt Somma as a managing director in the financial services group. His primary responsibilities will be advising asset and wealth management firms on M&A transactions and capital raises, as well as providing advice to family offices and their respective portfolio companies on strategic alternatives. Somma will be based in the New York office and report to Bill Burgess and Scott Clark, co-heads of investment banking in the financial services group. "We are excited to have Matt join our asset and wealth management team. His tremendous transaction experience and strong network of relationsh
11/21/24 11:33:00 AM ET
$PIPR
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Piper Sandler and BC Partners Credit Announce Strategic Alliance
NEW YORK, Oct. 31, 2024 /PRNewswire/ -- Piper Sandler Companies (NYSE:PIPR), a leading investment bank, and BC Partners Credit, the $8 billion credit arm of international investment firm BC Partners, today announced a strategic alliance. The alliance, which leverages the expertise and broad networks of Piper Sandler's Financial Services Debt Capital Markets team and BC Partners Credit, paves the way for Piper Sandler's clients across the financial services sector to best access the debt capital markets with customized structures and financing solutions as they grow their businesses. The firms anticipate additional institutional investors will join the alliance over time to further complement
10/31/24 11:30:00 AM ET
$PIPR
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Piper Sandler Expands Energy Equity Research with the Addition of Derek Podhaizer
Piper Sandler Companies (NYSE:PIPR), a leading investment bank, is pleased to announce the addition of Derek Podhaizer as a director and senior research analyst to its energy equity research team. Podhaizer will focus his coverage on the oilfield services sector and be based in the New York office. "We are pleased to welcome Derek to the team. Oilfield services is a strategic focus for Piper Sandler and we are proud to be one of few firms who have this dedicated coverage. Derek's decade of experience and strong relationships with companies and institutional clients is something we look forward to leveraging as we continue building a strong energy platform," said Michael Cox, co-head of glo
10/28/24 9:00:00 AM ET
$PIPR
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Piper Sandler Q4 Adj EPS $4.03 Beats $2.60 Estimate, Sales $471.85M Beat $370.12M Estimate

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Recent Analyst Ratings for $PIPR

$PIPR Leadership Updates

Live Leadership Updates

Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma

Piper Sandler Appoints David Hunker as Global Head of Activist Defense and Shareholder Engagement

Piper Sandler Promotes Brian White to Co-Head of Technology Investment Banking

$PIPR Financials

Live finance-specific insights

Piper Sandler Companies Reports Third Quarter 2024 Results; Declares Quarterly Dividend of $0.65 Per Share

Piper Sandler Companies to Announce Third Quarter 2024 Financial Results and Host a Conference Call on October 25, 2024

Hormel Foods Elects New Member to its Board of Directors

$PIPR SEC Filings

SEC Form 10-Q filed by Piper Sandler Companies

Piper Sandler Companies filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Piper Sandler Companies filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

$PIPR Analyst Ratings

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Piper Sandler downgraded by JMP Securities

Piper Sandler downgraded by Northland Capital

Piper Sandler downgraded by Wolfe Research with a new price target

$PIPR Large Ownership Changes

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SEC Form SC 13G/A filed by Piper Sandler Companies (Amendment)

SEC Form SC 13G/A filed by Piper Sandler Companies (Amendment)

SEC Form SC 13G/A filed by Piper Sandler Companies (Amendment)

$PIPR Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Hd of Financial Services Group Doyle Jonathan J sold $3,351,289 worth of shares (10,000 units at $335.13), decreasing direct ownership by 6% to 150,095 units (SEC Form 4)

General Counsel Geelan John W sold $511,996 worth of shares (1,500 units at $341.33), decreasing direct ownership by 10% to 13,565 units (SEC Form 4)

Director Taylor Scott C was granted 98 shares, increasing direct ownership by 0.55% to 18,078 units (SEC Form 4)

$PIPR Press Releases

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$PIPR Market Insights

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Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma

Piper Sandler and BC Partners Credit Announce Strategic Alliance

Piper Sandler Expands Energy Equity Research with the Addition of Derek Podhaizer

JMP Securities Reiterates Market Perform on Piper Sandler

Piper Sandler Enters Definitive Agreement To Acquire Aviditi Advisors; No Financial Terms Disclosed

Piper Sandler Q1 2024 Adj EPS $2.79 Beats $2.19 Estimate, Sales $343.056M Beat $314.961M Estimate

Recent Analyst Ratings for
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Large Ownership Changes

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