Piper Sandler Companies (PIPR) to Release Earnings on Friday

Piper Sandler Companies (NYSE:PIPR) is expected to be releasing its earnings data before the market opens on Friday, January 31st. Analysts expect Piper Sandler Companies to post earnings of $3.99 per share and revenue of $454.36 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Piper Sandler Companies Stock Down 0.4 %

Shares of PIPR stock opened at $309.60 on Thursday. The firm has a market capitalization of $5.50 billion, a price-to-earnings ratio of 33.08 and a beta of 1.46. Piper Sandler Companies has a 12-month low of $171.70 and a 12-month high of $351.80. The firm has a fifty day moving average of $300.59 and a 200-day moving average of $312.57.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PIPR. StockNews.com cut shares of Piper Sandler Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. The Goldman Sachs Group cut shares of Piper Sandler Companies from a “buy” rating to a “neutral” rating and set a $317.00 price objective on the stock. in a research report on Monday, January 6th.

Piper Sandler Companies Company Profile

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.