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. It also provides 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, housing, and transportation sectors. In addition, the company offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, it is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors. The company has a strategic alliance with BC Partners Credit. 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.
Banking Powerhouse | Explore Piper Sandler's transformation into a capital-light, high-growth investment banking and brokerage powerhouse, with a 233% increase in Managing Directors since 2014. |
Strategic Expansion | Delve into Piper Sandler's acquisition of Aviditi Advisors, marking its entry into the lucrative Private Capital Advisory business and expanding its service offerings. |
Financial Resilience | Discover Piper Sandler's robust financial performance, outperforming analyst estimates with Q2 2024 adjusted EPS of $2.52 and strong advisory services revenue. |
Market Positioning | Analyze Piper Sandler's competitive landscape, with a stock price increase of 56% in 2024 and a forward P/E ratio of 16-18x, compared to varied peer valuations. |
Metrics to compare | PIPR | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipPIPRPeersSector | |
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P/E Ratio | 31.6x | 45.7x | 8.8x | |
PEG Ratio | 0.26 | 1.89 | 0.03 | |
Price/Book | 4.4x | 1.8x | 1.0x | |
Price / LTM Sales | 3.4x | 1.6x | 2.8x | |
Upside (Analyst Target) | 12.1% | 10.7% | 10.7% | |
Fair Value Upside | Unlock | −2.7% | 3.2% | Unlock |