Latest news with #PiperSandlerCompanies
Yahoo
01-08-2025
- Business
- Yahoo
Piper Sandler Companies (PIPR) Q2 Earnings and Revenues Beat Estimates
Piper Sandler Companies (PIPR) came out with quarterly earnings of $2.95 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +48.24%. A quarter ago, it was expected that this company would post earnings of $2.42 per share when it actually produced earnings of $4.09, delivering a surprise of +69.01%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Piper Sandler Companies, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $405.39 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 17.61%. This compares to year-ago revenues of $339.18 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Piper Sandler Companies shares have added about 5.1% since the beginning of the year versus the S&P 500's gain of 7.8%. What's Next for Piper Sandler Companies? While Piper Sandler Companies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Piper Sandler Companies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.92 on $406.9 million in revenues for the coming quarter and $12.75 on $1.6 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Bank is currently in the top 7% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, MarketAxess (MKTX), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 6. This operator of bond trading platforms is expected to post quarterly earnings of $1.94 per share in its upcoming report, which represents a year-over-year change of +12.8%. The consensus EPS estimate for the quarter has been revised 1.6% lower over the last 30 days to the current level. MarketAxess' revenues are expected to be $218.18 million, up 10.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Piper Sandler Companies (PIPR) : Free Stock Analysis Report MarketAxess Holdings Inc. (MKTX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-07-2025
- Business
- Business Wire
Piper Sandler Companies to Announce Second Quarter 2025 Financial Results and Host a Conference Call on August 1, 2025
MINNEAPOLIS--(BUSINESS WIRE)-- Piper Sandler Companies (NYSE: PIPR), a leading investment bank, will release its second quarter 2025 financial results prior to the opening of the market on Friday, August 1, 2025. The earnings release will be available at the company's website at Chad Abraham, chairman and chief executive officer; Deb Schoneman, president; and Kate Clune, chief financial officer, will host a related conference call at 8 a.m. ET (7 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 888 394-8218 (in the U.S.) or +1 773 305-6853 (outside the U.S.) and passcode 2797135. Please dial in at least 15 minutes prior to the call time. A live audio webcast of the conference call will be available through the company's website at A replay of the conference call will be available after the event through the same link. Please direct any questions regarding obtaining access to the conference call to Piper Sandler Investor Relations, via email, at investorrelations@ ABOUT PIPER SANDLER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, authorized and regulated by BaFin as a tied agent of AHP Capital Management GmbH; and in Hong Kong through Piper Sandler Hong Kong Ltd., authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates. © 2025. Since 1895. Piper Sandler Companies. 350 North 5th Street, Suite 1000, Minneapolis, Minnesota 55401
Business Wire
14-07-2025
- Business
- Business Wire
Piper Sandler Expands Technology Investment Banking Team with the Addition of Anson Tsai
MINNEAPOLIS--(BUSINESS WIRE)-- Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Anson Tsai as a managing director to its technology investment banking team. He will be based in the Burlingame office. 'We are excited to welcome Anson to Piper Sandler. Anson's sector experience and deep client relationships will have an immediate impact on our fast-growing team. We look forward to seeing his contributions to the firm and our clients,' said Steven Schmidt Share 'We are excited to welcome Anson to Piper Sandler. Anson's sector experience and deep client relationships will have an immediate impact on our fast-growing team. We look forward to seeing his contributions to the firm and our clients,' said Steven Schmidt, co-head of technology investment banking at Piper Sandler. Prior to joining the firm, Tsai spent ten years with Bank of America Securities on their technology investment banking team. He focused on front-office software coverage, sourcing and executing M&A, IPO, equity and debt financing transactions for both public and private software companies. Before investment banking, he spent nearly eight years in front-office related roles, including sales and marketing management consulting, e-commerce marketing and business development, and event management and marketing. Tsai received a bachelor's degree in electrical engineering and computer sciences from the University of California at Berkeley and earned his Master of Business Administration degree from Cornell University. 'Anson is highly respected across the industry and brings with him tremendous expertise. During his career, Anson has advised on some of the industry's most strategic transactions across the front-office software space. His wealth of knowledge and significant experience will allow us to better serve our clients,' said Brian White, co-head of technology investment banking at Piper Sandler. ABOUT PIPER SANDLER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, authorized and regulated by BaFin as a tied agent of AHP Capital Management GmbH; and in Hong Kong through Piper Sandler Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates. Follow Piper Sandler: LinkedIn | Facebook | X ©2025. Since 1895. Piper Sandler Companies. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036
Yahoo
11-07-2025
- Business
- Yahoo
Piper Sandler Companies (PIPR) Stock Jumps 4.4%: Will It Continue to Soar?
Piper Sandler Companies PIPR shares soared 4.4% in the last trading session to close at $302.62. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.5% gain over the past four weeks. Piper Sandler stock increased in price for the second consecutive trading session. There has been growing optimism among investors regarding the performance of investment banks given the gradual rebound in deal-making activities because of some clarity on Trump's tariff plans. Thus, increased investor confidence on improving investment banking business performance probably drove the PIPR stock higher. This company is expected to post quarterly earnings of $1.99 per share in its upcoming report, which represents a year-over-year change of -21%. Revenues are expected to be $344.7 million, up 1.6% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Piper Sandler Companies, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PIPR going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Piper Sandler Companies belongs to the Zacks Financial - Investment Bank industry. Another stock from the same industry, Citigroup C, closed the last trading session 1.5% higher at $87.08. Over the past month, C has returned 9.5%. Citigroup's consensus EPS estimate for the upcoming report has changed +0.6% over the past month to $1.62. Compared to the company's year-ago EPS, this represents a change of +6.6%. Citigroup currently boasts a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Piper Sandler Companies (PIPR) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Wire
07-07-2025
- Business
- Business Wire
Piper Sandler Mourns the Loss of Board Member Sherry Smith
MINNEAPOLIS--(BUSINESS WIRE)-- Piper Sandler Companies (NYSE: PIPR) is deeply saddened to announce the unexpected passing of Sherry Smith, a valued and respected member of our board of directors. Sherry served as a director of Piper Sandler since 2016 and was a dedicated and insightful leader, who brought a wealth of experience, financial expertise, and unwavering integrity to the firm. Her contributions over the years were incredibly helpful during a period of significant growth. She served as chairperson of the Audit Committee. 'Sherry was an outstanding director and an even better person,' said Chad Abraham, chairman and chief executive officer of Piper Sandler. 'She provided steady leadership, sound judgment, and a deep sense of purpose in every board discussion. Her loss is profoundly felt by all of us, and we will miss her tremendously.' 'Sherry brought humility, clarity, and insight to every meeting that she was involved in. She had a unique ability to listen deeply, ask the right questions, and help the board and management see issues more clearly. We are grateful for the time we got to spend with her and for her service and dedication to the firm. Sherry will be missed dearly,' said Tom Schreier, lead independent director of Piper Sandler. Prior to her board service, Sherry held senior leadership roles at SuperValu Inc., including executive vice president and chief financial officer. Her outstanding career in finance and corporate leadership made her a trusted voice in the industry and a respected mentor to countless people. In addition to serving on the Piper Sandler board, she was serving as the lead director for Deere & Company. Piper Sandler extends its heartfelt condolences to Sherry's family, friends, and all who had the privilege of knowing or working with her. ABOUT PIPER SANDLER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, a tied agent of AHP Capital Management GmbH, authorized and regulated by BaFin; and in Hong Kong through Piper Sandler Hong Kong Ltd., authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates. Follow Piper Sandler: LinkedIn | Facebook | X ©2025. Since 1895. Piper Sandler Companies. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036
