PIPR Stock Recent News

ZURICH--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is excited to announce a new office opening in Zurich, Switzerland led by experienced industry veterans, Alex Molloy, Vincenzo Pescuma and Luigi Colazzo, who will manage the sales and distribution of Piper Sandler's U.S. equity research and trading products to Swiss based clients. All three were previously at Credit Suisse. “The European market is a tremendous opportunity for the firm, and we are thrilled.

NEW YORK--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Mary Stone as a managing director and co-head of the structured finance group alongside Chris Howley. She will be based in the New York office. “We are ecstatic to have Mary on the Piper Sandler platform. Mary's deep expertise within multiple securitization markets, whole loan trading, and deal structuring will immediately benefit our clients,” said Mike Piper, mana.

PIPR announces a new share repurchase program. Given the strong balance sheet and liquidity position, such capital distributions seem sustainable.

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, announced today that its board of directors has authorized the repurchase of up to $150 million of the company's outstanding common stock. This authorization is effective immediately and will expire on December 31, 2026. The share repurchase program will be used as part of the company's capital allocation strategy, which includes returning capital to its shareholders, and to offset the dilutive effect.

Piper Sandler Companies (PIPR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Piper Sandler Companies (PIPR) Q4 2024 Earnings Call Transcript

Piper Sandler Companies (PIPR) came out with quarterly earnings of $4.80 per share, beating the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $4.03 per share a year ago.

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--The complete earnings release can be found on the firm's website at pipersandler.com/earnings.

XSMO: Outperforming For A Few Years, Unconvincing In The Long Run

Piper Sandler Companies is indexed to its coverage of healthcare and depositary institutions, which could work under Trump since they were hampered these last years by antitrust. Corporate financing slowed down again, but was picking up after the close of books in October. Muni financing and fixed income improved with yield curve changes and demand for riskier credit in the current market, evidenced by the low credit spreads.