Press coverage about Piper Jaffray Companies (NYSE:PJC) has trended somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Piper Jaffray Companies earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 44.4189350733182 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Piper Jaffray Companies (PJC) opened at $87.50 on Friday. The company has a quick ratio of 0.15, a current ratio of 1.35 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $1,336.05, a PE ratio of -16.39 and a beta of 1.48. Piper Jaffray Companies has a fifty-two week low of $52.75 and a fifty-two week high of $99.80.
Piper Jaffray Companies (NYSE:PJC) last announced its earnings results on Thursday, February 1st. The financial services provider reported $1.80 EPS for the quarter, topping the Zacks’ consensus estimate of $1.45 by $0.35. The business had revenue of $236.08 million during the quarter. Piper Jaffray Companies had a negative net margin of 7.30% and a positive return on equity of 11.58%.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Monday, February 26th were issued a $0.375 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This is an increase from Piper Jaffray Companies’s previous quarterly dividend of $0.31. This represents a $1.50 dividend on an annualized basis and a yield of 1.71%. Piper Jaffray Companies’s payout ratio is currently -28.09%.
Separately, Keefe, Bruyette & Woods restated a “buy” rating and issued a $86.00 price objective on shares of Piper Jaffray Companies in a report on Friday, December 22nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. Piper Jaffray Companies presently has a consensus rating of “Hold” and an average target price of $30.93.
In other Piper Jaffray Companies news, insider Francis E. Iv Fairman sold 10,000 shares of the business’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $96.13, for a total value of $961,300.00. Following the completion of the transaction, the insider now directly owns 51,513 shares in the company, valued at $4,951,944.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew S. Duff sold 50,000 shares of the business’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $93.44, for a total transaction of $4,672,000.00. Following the completion of the transaction, the director now owns 238,248 shares of the company’s stock, valued at $22,261,893.12. The disclosure for this sale can be found here. Insiders own 5.36% of the company’s stock.
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Piper Jaffray Companies Company Profile
Piper Jaffray Companies is an investment bank and asset management company. The Company’s segments include Capital Markets and Asset Management. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products.
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