PJC - Piper Jaffray Companies

NYSE - NYSE Delayed Price. Currency in USD
76.14
-0.48 (-0.63%)
At close: 4:02PM EDT

76.14 0.00 (0.00%)
After hours: 6:56PM EDT

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Previous Close76.62
Open77.03
Bid76.34 x 1100
Ask76.50 x 800
Day's Range76.08 - 77.23
52 Week Range61.35 - 82.52
Volume61,163
Avg. Volume95,946
Market Cap1.081B
Beta (3Y Monthly)1.25
PE Ratio (TTM)16.66
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.50 (1.96%)
Ex-Dividend Date2019-05-23
1y Target EstN/A
Trade prices are not sourced from all markets
  • Piper Jaffray (PJC) Earnings Expected to Grow: What to Know Ahead of Q2 Release
    Zacks13 hours ago

    Piper Jaffray (PJC) Earnings Expected to Grow: What to Know Ahead of Q2 Release

    Piper Jaffray (PJC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Pacific Ethanol again temporarily defers loan payment
    American City Business Journals5 days ago

    Pacific Ethanol again temporarily defers loan payment

    On the day of its payment deadline, the Sacramento-based renewable fuel producer has again deferred a payment to a major lender for four months.

  • Barrons.com7 days ago

    5 Brokerage Stocks That Could Benefit From the Deutsche Bank Debacle

    The giant bank can no longer make money executing stock trades for professional money managers. It’s a sign the business of Wall Street has changed. So who wins in the aftermath?

  • Company News For Jul 10, 2019
    Zacks10 days ago

    Company News For Jul 10, 2019

    Companies in the news are: PEP, PJC, ETSY and WDFC

  • Piper Jaffray Inks Deal to Acquire Sandler O'Neill for $485M
    Zacks10 days ago

    Piper Jaffray Inks Deal to Acquire Sandler O'Neill for $485M

    Piper Jaffray's (PJC) acquisition of Sandler O'Neill will be earnings accretive and expand its M&A business.

  • Barrons.com11 days ago

    Deutsche Bank Is Quitting Stock Trading. What It Means for Equity Research.

    Deutsche Bank’s decision to exit the equity-trading business but remain in equity research demonstrates the impact a rule called Mifid II has had on Wall Street.

  • Piper Deal Leads Way as Boutique M&A Advisers Start to Merge
    Bloomberg11 days ago

    Piper Deal Leads Way as Boutique M&A Advisers Start to Merge

    (Bloomberg) -- Boutique investment banks that advise companies on mergers are starting to find partners of their own.Piper Jaffray Cos. said Tuesday it agreed to buy Sandler O’Neill & Partners LP for $485 million, and Canadian Imperial Bank of Commerce announced it plans to acquire Milwaukee-based Cleary Gull Inc.Those mergers follow Raymond James Financial Inc.’s deal in April for Silver Lane Advisors LLC and PNC Financial Services Group Inc.’s takeover of Ambassador Financial Group, announced in January. Raymond James Chief Executive Officer Paul Reilly said last month he’s seeking more acquisitions to expand in businesses including mergers and wealth management.Investors have been rewarding high-margin advisory businesses as the market for mergers and acquisitions heats up. Global deals are on pace to top $3 trillion for a sixth straight year. At the same time, the bank combinations can help small firms compete more effectively against Wall Street giants like Goldman Sachs Group Inc., which has said it’s targeting middle-market opportunities it previously shunned.“Plenty of banks need to grow,” Jimmy Dunne, a Sandler O’Neill senior managing principal, said in a Bloomberg Television interview. “Technology costs and regulatory costs have made size more important, so the merger wave will continue,” said Dunne, who will become vice chairman of the combined company, Piper Sandler Cos.Other recent examples:Boutique bank PJ Solomon sold a stake in itself to French bank Natixis SA in 2016 and has been expanding ever since.Japan’s Daiwa Securities Group Inc. has made investments in U.S. merger boutiques, including Baltimore-based Signal Hill Holdings LLC, and has been hiring from rivals.PJT Partners Inc. bought CamberView Partners Holdings LLC last year to expand its advisory services for shareholder activism and corporate governance.Stifel Financial Corp. bought GMP Capital Inc.’s advisory and trading business in a June deal.(Updates with Dunne comments in fifth paragraph and Stifel deal in fourth bullet point.)\--With assistance from Sonali Basak and Doug Alexander.To contact the reporter on this story: Elizabeth Rembert in New York at erembert@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Steve Dickson, Daniel TaubFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Benzinga11 days ago

    Piper Jaffray To Acquire Sandler O'Neill For $485M

    Piper Jaffray Companies (NYSE: PJC ) said Tuesday it will acquire Sandler O’Neill + Partners, L.P. for a total of $485 million. The combined company will be known as Piper Sandler Companies. Piper Jaffray ...

  • Financial Times11 days ago

    Piper Jaffray buys rival investment bank Sandler O’Neill for $485m

    US investment bank Piper Jaffray agreed to buy smaller rival Sandler O’Neill + Partners for $485m on Tuesday, bolstering the lender’s business advising banks as consolidation sweeps the US financial industry. Piper Jaffray, which plans to rename itself Piper Sandler Companies once the takeover is completed, will pay $350m in cash to Sandler O’Neill shareholders for the business. It will also pay $135m, primarily made up of restricted Piper Jaffray stock, to Sandler’s partners and a further $115m to retain Sandler employees.

  • Piper Jaffray announces $485M deal for Sandler O'Neill, new name
    American City Business Journals11 days ago

    Piper Jaffray announces $485M deal for Sandler O'Neill, new name

    Piper Jaffray Cos. on Tuesday announced it would pay $485 million in a deal for fellow investment bank Sandler O'Neill. The combined company will be called Piper Sandler Cos.

  • MarketWatch11 days ago

    Piper Jaffray and Sandler O'Neill to merge in deal valued at $485 million

    Piper Jaffray Cos. and Sandler O'Neill + Partners said Tuesday they have agreed to merge in a deal with a value of $485 million. The combined company will be named Piper Sandler Cos. and will join the investment bank focused on financial services with Piper Jaffray's investment banking platform, the companies said in a joint statement. The deal "accelerates Piper Jaffray's goal of prioritizing and building its M&A advisory business, adds a differentiated fixed income business and significantly expands the breadth and depth of the firm's equity research, and sales and trading franchise," said the statement. The deal is expected to close in January of 2020. Piper Jaffray will pay $350 million in cash to Sandler shareholders at close and pay $135 million in restricted stock to Sandler employee partners, along with an additional $115 million in retention incentives. The new company will have 2018 pro forma combined advisory service revenue of $573 million and pro forma combined investment banking revenue of $839 million. It is expected to boost adjusted EPS by more than 10% in 2020. Sandler Senior Managing Principal Jimmy Dunne will be named vice chairman of Piper Sandler and senior managing principal of Piper Sandler's financial services business. Piper Jaffray shares were not yet active premarket, but have gained 12.2% in 2019, while the S&P 500 has gained 18.7%.

  • Investing.com11 days ago

    Stocks - Tesla, Cisco Fall Premarket; PepsiCo Rises

    Investing.com - Stocks in focus in premarket trading on Tuesday:

  • TheStreet.com11 days ago

    [video]Investment Banks Piper Jaffray and Sandler O'Neill to Merge

    Wall Street investment banking firms Piper Jaffray and Sandler O'Neill on Tuesday announce they will join forces in a merger valued at $485 million.

  • Piper Jaffray reportedly close to buying Sandler O'Neill for $485 million
    American City Business Journals12 days ago

    Piper Jaffray reportedly close to buying Sandler O'Neill for $485 million

    If the deal goes through, it's the second large transaction the company has been involved in recently.

  • 5 Reasons That Make Piper Jaffray (PJC) Investment Worthy
    Zacks25 days ago

    5 Reasons That Make Piper Jaffray (PJC) Investment Worthy

    Piper Jaffray (PJC) stock is worth considering now, given its solid prospects and favorable operating backdrop.

  • Markitlast month

    See what the IHS Markit Score report has to say about Piper Jaffray Companies.

    Piper Jaffray Companies NYSE:PJCView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for PJC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold PJC had net inflows of $675 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Piper Jaffray Sees Hammer Chart Pattern: Time to Buy?
    Zackslast month

    Piper Jaffray Sees Hammer Chart Pattern: Time to Buy?

    Piper Jaffray has been struggling lately, but the selling pressure may be coming to an end soon.

  • Piper Jaffray sells Advisory Research unit, exits asset management
    American City Business Journals2 months ago

    Piper Jaffray sells Advisory Research unit, exits asset management

    Piper Jaffray Cos. said Wednesday it is leaving the traditional asset-management business, selling its Advisory Research Inc. unit in a pair of deals.

  • Why Dividend Hunters Love Piper Jaffray Companies (NYSE:PJC)
    Simply Wall St.2 months ago

    Why Dividend Hunters Love Piper Jaffray Companies (NYSE:PJC)

    Could Piper Jaffray Companies (NYSE:PJC) be an attractive dividend share to own for the long haul? Investors are often...

  • Piper Jaffray leads $20M funding in Austin startup
    American City Business Journals2 months ago

    Piper Jaffray leads $20M funding in Austin startup

    The company connecting physicians and patients for clinical trials has raised more than $41 million since it was founded in 2016.

  • Here’s What Hedge Funds Think About Piper Jaffray Companies (PJC)
    Insider Monkey3 months ago

    Here’s What Hedge Funds Think About Piper Jaffray Companies (PJC)

    Is Piper Jaffray Companies (NYSE:PJC) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably but historically their consensus stock […]