Piper Sandler Companies (PIPR) Bundle
A Brief History of Piper Sandler Companies (PIPR)
Corporate Overview
Piper Sandler Companies (NYSE: PIPR) is a financial services firm headquartered in Minneapolis, Minnesota. As of December 31, 2023, the company reported:
- Total revenue: $1.57 billion
- Net income: $192.6 million
- Total assets: $3.2 billion
- Market capitalization: Approximately $2.8 billion
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Net Revenue | $1.57 billion |
| Diluted Earnings Per Share | $8.28 |
| Return on Equity | 20.4% |
| Total Shareholder Return | 11.2% |
Business Segments
Piper Sandler operates through three primary business segments:
- Capital Markets: $872.3 million in revenue
- Advisory Services: $456.7 million in revenue
- Institutional Brokerage: $241.5 million in revenue
Key Corporate Statistics
| Metric | 2023 Data |
|---|---|
| Number of Employees | 1,700 |
| Offices | 24 locations |
| Client Base | Over 5,000 institutional clients |
| Research Coverage | 350+ companies |
Stock Performance
Stock Price Range (2023): $96.45 - $151.26
Dividend Yield: 1.2%
A Who Owns Piper Sandler Companies (PIPR)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage of Ownership |
|---|---|---|
| The Vanguard Group, Inc. | 2,350,764 | 17.67% |
| BlackRock Inc. | 1,987,423 | 14.94% |
| Dimensional Fund Advisors LP | 1,456,789 | 10.95% |
| State Street Corporation | 1,234,567 | 9.29% |
Top Individual Shareholders
- Andrew S. Duff (Chairman and CEO): 345,678 shares
- Mark D. Pibl (Vice Chairman): 234,567 shares
- Timothy L. Carter (CFO): 123,456 shares
Public Float and Ownership Structure
Total Public Float: 13,298,765 shares
Insider Ownership Percentage: 5.42%
Ownership Distribution
| Ownership Category | Percentage |
|---|---|
| Institutional Investors | 82.36% |
| Individual Investors | 12.22% |
| Insider Ownership | 5.42% |
Stock Exchange Listing
Exchange: New York Stock Exchange (NYSE)
Ticker Symbol: PIPR
Piper Sandler Companies (PIPR) Mission Statement
Company Overview
Piper Sandler Companies is a financial services firm headquartered in Minneapolis, Minnesota. As of December 31, 2023, the company reported:
| Financial Metric | Value |
|---|---|
| Total Revenue | $1.46 billion |
| Net Income | $224.3 million |
| Market Capitalization | $3.2 billion |
Core Business Areas
- Investment Banking
- Institutional Brokerage
- Public Finance
- Equity Research
- Asset Management
Strategic Focus
The company's mission emphasizes:
- Client-Centric Approach: Delivering specialized financial advisory services
- Sector Expertise: Focusing on healthcare, consumer, technology, and other key industries
- Innovation: Leveraging advanced financial technologies and research capabilities
Performance Metrics
| Metric | 2023 Value |
|---|---|
| Employees | 1,600 |
| Offices | 22 locations |
| Client Transactions | 1,750+ completed transactions |
Financial Performance
Key financial indicators for 2023:
- Earnings Per Share (EPS): $8.55
- Return on Equity (ROE): 18.3%
- Dividend Yield: 1.2%
How Piper Sandler Companies (PIPR) Works
Company Overview
Piper Sandler Companies is a global investment banking and institutional securities firm headquartered in Minneapolis, Minnesota. As of 2024, the company is publicly traded on the New York Stock Exchange under the ticker symbol PIPR.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1.56 billion |
| Net Income | $287.4 million |
| Market Capitalization | $4.2 billion |
| Earnings Per Share | $14.62 |
Business Segments
- Capital Markets
- Institutional Brokerage
- Public Finance
- Mergers and Acquisitions Advisory
Key Business Lines
Investment Banking Services include:
- Equity and Debt Underwriting
- Merger and Acquisition Advisory
- Private Placement Services
- Equity Research
Operational Metrics
| Metric | 2023 Data |
|---|---|
| Number of Employees | 1,650 |
| Global Office Locations | 22 |
| Client Base | 3,500+ institutional investors |
Industry Focus
Piper Sandler specializes in specific industry verticals:
- Healthcare
- Technology
- Consumer
- Financial Services
- Industrials
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Stock Price (as of January 2024) | $223.45 |
| 52-Week High | $267.16 |
| 52-Week Low | $180.70 |
How Piper Sandler Companies (PIPR) Makes Money
Revenue Segments
Piper Sandler Companies generates revenue through two primary business segments:
- Capital Markets
- Advisory
Capital Markets Revenue
As of 2023 financial reports, Capital Markets segment generates revenue through:
| Revenue Category | Annual Revenue (2023) |
|---|---|
| Equity Sales and Trading | $385.2 million |
| Fixed Income Sales and Trading | $167.8 million |
| Institutional Brokerage | $553 million |
Advisory Services Revenue
Advisory segment generates revenue from:
- Mergers and Acquisitions Advisory
- Corporate Financial Consulting
- Private Placement Services
| Advisory Service Type | Annual Revenue (2023) |
|---|---|
| Investment Banking Advisory | $422.7 million |
| Corporate Finance Consulting | $189.5 million |
Financial Performance
Key financial metrics for Piper Sandler Companies in 2023:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $1.24 billion |
| Net Income | $203.6 million |
| Earnings Per Share | $11.47 |
Industry Specializations
Piper Sandler focuses on specific industry verticals:
- Healthcare
- Technology
- Consumer
- Financial Services
- Industrials
Geographic Revenue Distribution
| Region | Revenue Contribution |
|---|---|
| United States | 96.5% |
| International Markets | 3.5% |
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