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Piper Sandler Companies (PIPR) Stock Fundamental Analysis & AI Rating 2026

PIPR NYSE Security Brokers, Dealers & Flotation Companies DE CIK: 0001230245
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
BUY
78% Conf
Pending
Analysis scheduled

📊 PIPR Key Takeaways

Revenue: $1.9B
Net Margin: 14.8%
Free Cash Flow: $581.4M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $15.82
AI Rating: BUY with 78% confidence
Piper Sandler Companies (PIPR) receives a BUY rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.9B, net profit margin of 14.8%, and return on equity (ROE) of 20.5%, Piper Sandler Companies demonstrates strong fundamentals in the Finance sector. Below is our complete PIPR stock analysis for 2026.

Is Piper Sandler Companies (PIPR) a Good Investment?

Claude

Piper Sandler demonstrates exceptional financial strength with zero debt, a fortress balance sheet of $809M cash, and outstanding cash generation (30.5% FCF margin on $581M free cash flow). The company delivers strong profitability with 20.5% ROE and 14.8% net margin, though organic revenue growth remains modest at 3.8% YoY, partly offset by robust 54.5% EPS growth.

Why Buy Piper Sandler Companies Stock? PIPR Key Strengths

Claude
  • + Zero long-term debt with $809M cash position provides significant financial flexibility and stability
  • + Exceptional cash flow generation with $581M free cash flow and 30.5% FCF margin demonstrates operational excellence
  • + Strong profitability metrics with 20.5% ROE, 19.7% operating margin, and 14.8% net margin
  • + Capital-light business model with only $5.3M capex on $1.9B revenue
  • + Strong EPS growth of 54.5% YoY outpaces revenue growth trajectory

PIPR Stock Risks: Piper Sandler Companies Investment Risks

Claude
  • ! Modest organic revenue growth of 3.8% YoY suggests limited expansion of core business
  • ! Financial services sector cyclicality exposes earnings to market downturns and interest rate volatility
  • ! Dependent on market conditions and client activity levels which can be unpredictable
  • ! Limited transparency on business segment composition and revenue drivers from available data
  • ! Large accumulated cash position requires effective capital deployment strategy

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and acceleration beyond 3.8% YoY baseline
  • * Operating margin sustainability through market cycles
  • * Free cash flow conversion and capital deployment decisions
  • * Effect of interest rate changes on profitability and client activity

Piper Sandler Companies (PIPR) Financial Metrics & Key Ratios

Revenue
$1.9B
Net Income
$281.3M
EPS (Diluted)
$15.82
Free Cash Flow
$581.4M
Total Assets
$2.6B
Cash Position
$809.4M

💡 AI Analyst Insight

The 30.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

PIPR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 19.7%
Net Margin 14.8%
ROE 20.5%
ROA 10.9%
FCF Margin 30.5%

PIPR vs Finance Sector: How Piper Sandler Companies Compares

How Piper Sandler Companies compares to Finance sector averages

Net Margin
PIPR 14.8%
vs
Sector Avg 25.0%
PIPR Sector
ROE
PIPR 20.5%
vs
Sector Avg 12.0%
PIPR Sector
Current Ratio
PIPR 0.0x
vs
Sector Avg 1.2x
PIPR Sector
Debt/Equity
PIPR 0.0x
vs
Sector Avg 2.0x
PIPR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Piper Sandler Companies Stock Overvalued? PIPR Valuation Analysis 2026

Based on fundamental analysis, Piper Sandler Companies has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
20.5%
Sector avg: 12%
Net Profit Margin
14.8%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Piper Sandler Companies Balance Sheet: PIPR Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
39.0%
Interest Coverage
N/A
Long-term Debt
$0.0

PIPR Revenue & Earnings Growth: 5-Year Financial Trend

PIPR 5-year financial data: Year 2025: Revenue $1.8B, Net Income $85.5M, EPS $4.96.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Piper Sandler Companies's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $4.96 reflects profitable operations.

PIPR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
30.5%
Free cash flow / Revenue

PIPR Quarterly Earnings & Performance

Quarterly financial performance data for Piper Sandler Companies including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $360.9M $34.8M $1.96
Q2 2025 $340.8M $34.8M $1.97
Q1 2025 $344.4M $42.5M $2.43
Q3 2024 $292.0M $3.9M $0.22
Q2 2024 $291.3M $4.0M $0.23
Q1 2024 $300.5M $25.6M $1.49
Q3 2023 $292.0M $3.9M $0.22
Q2 2023 $291.3M $4.0M $0.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Piper Sandler Companies Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$586.6M
Cash generated from operations
Stock Buybacks
$125.0M
Shares repurchased (TTM)
Capital Expenditures
$5.3M
Investment in assets
Dividends Paid
$114.1M
Returned to shareholders

PIPR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Piper Sandler Companies (CIK: 0001230245)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A tm261358-1_def14a.htm View →
Apr 1, 2026 4 xslF345X06/wk-form4_1775074313.xml View →
Apr 1, 2026 4 xslF345X06/wk-form4_1775073916.xml View →
Apr 1, 2026 4 xslF345X06/wk-form4_1775073807.xml View →
Mar 23, 2026 8-K tm268988d1_8k.htm View →

Frequently Asked Questions about PIPR

What is the AI rating for PIPR?

Piper Sandler Companies (PIPR) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PIPR's key strengths?

Claude: Zero long-term debt with $809M cash position provides significant financial flexibility and stability. Exceptional cash flow generation with $581M free cash flow and 30.5% FCF margin demonstrates operational excellence.

What are the risks of investing in PIPR?

Claude: Modest organic revenue growth of 3.8% YoY suggests limited expansion of core business. Financial services sector cyclicality exposes earnings to market downturns and interest rate volatility.

What is PIPR's revenue and growth?

Piper Sandler Companies reported revenue of $1.9B.

Does PIPR pay dividends?

Piper Sandler Companies pays dividends, with $114.1M distributed to shareholders in the trailing twelve months.

Where can I find PIPR SEC filings?

Official SEC filings for Piper Sandler Companies (CIK: 0001230245) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PIPR's EPS?

Piper Sandler Companies has a diluted EPS of $15.82.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PIPR a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Piper Sandler Companies has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PIPR stock overvalued or undervalued?

Valuation metrics for PIPR: ROE of 20.5% (sector avg: 12%), net margin of 14.8% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy PIPR stock in 2026?

Our dual AI analysis gives Piper Sandler Companies a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PIPR's free cash flow?

Piper Sandler Companies's operating cash flow is $586.6M, with capital expenditures of $5.3M. FCF margin is 30.5%.

How does PIPR compare to other Finance stocks?

Vs Finance sector averages: Net margin 14.8% (avg: 25%), ROE 20.5% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI