Last $57.44 USD
Change Today +0.20 / 0.35%
Volume 32.9K
PJC On Other Exchanges
Symbol
Exchange
New York
As of 5:15 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

piper jaffray cos (PJC) Snapshot

Open
$57.31
Previous Close
$57.24
Day High
$57.96
Day Low
$57.16
52 Week High
12/8/14 - $59.94
52 Week Low
01/27/14 - $36.86
Market Cap
935.5M
Average Volume 10 Days
137.5K
EPS TTM
$4.90
Shares Outstanding
16.3M
EX-Date
--
P/E TM
11.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for PIPER JAFFRAY COS (PJC)

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piper jaffray cos (PJC) Details

Piper Jaffray Companies provides investment banking, institutional brokerage, asset management, and related financial services in the United States and Europe. The company's Capital Markets segment provides investment banking and institutional sales, trading, and research services for various equity and fixed income products. This segment raises capital through equity financings; provides advisory services, primarily relating to mergers and acquisitions for its corporate clients; underwrites debt issuances; and offers financial advisory and interest rate risk management services. Its public finance investment banking capabilities focus on state and local governments, cultural and social service non-profit entities, and the healthcare, education, senior living, and hospitality sectors, as well as on business and financial services, clean technology and renewables, consumer, healthcare, industrial growth, technology, media, and telecommunications industries. This segment also offers equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities; and is involved in trading activities for customer facilitation and strategic trading purposes, as well as has equity sales and trading relationships with institutional investors. In addition, this segment is engaged in merchant banking activities, which comprise equity or debt investments in late stage private companies, and investments in private equity and venture capital funds, and other firm investments, as well as has alternative asset management funds, which invest in municipal securities and merchant banking. Its Asset Management segment provides traditional asset management services with product offerings in equity securities and master limited partnerships to institutions and individuals through separately managed accounts and open-end and closed-end funds. Piper Jaffray Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.

1,026 Employees
Last Reported Date: 02/28/14
Founded in 1895

piper jaffray cos (PJC) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $650.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $500.0K
Head of Fixed Income Services, Managing Direc...
Total Annual Compensation: $425.0K
Co-Head of Global Investment Banking & Capita...
Total Annual Compensation: $425.0K
Global Co-Head of Investment Banking & Capita...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2013.

piper jaffray cos (PJC) Key Developments

Piper Jaffray Companies Presents at Boston Biotech NY/NJ CEO Conference, Nov-12-2014 through Nov-13-2014

Piper Jaffray Companies Presents at Boston Biotech NY/NJ CEO Conference, Nov-12-2014 through Nov-13-2014. Venue: Apella, 450 East 29th Street, New York, New York, United States. Presentation Date & Speakers: Nov-13-2014, Christopher P. Collins, Principal of Biotechnology Investment Banking Group, Joshua Schimmer, Ted Tenthoff.

Piper Jaffray Companies Announces Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Piper Jaffray Companies announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net revenues of $159,426,000 compared with $128,314,000 for the same period a year ago. Income from continuing operations before income tax expense was $25,692,000 compared with $12,060,000 for the same period a year ago. Income from continuing operations was $17,096,000 or $0.90 per diluted share compared with $9,174,000 or $0.42 per diluted share for the same period a year ago. Net income applicable to Piper Jaffray Companies' common shareholders was $13,552,000 or $0.90 per diluted share compared with $4,826,000 or $0.33 per diluted share for the same period a year ago. For the quarter, the company reported adjusted net income from continuing operations was $16.9 million, or $1.03 per diluted common share compared to $11.6 million, or $0.72 per diluted common share, in the third quarter of 2013, and $20.5 million, or $1.25 per diluted common share, in the second quarter of 2014. For the third quarter of 2014, adjusted net revenues were $155.9 million, up 25% compared to $125.0 million in the third quarter of 2013 due primarily to higher advisory services revenues. Adjusted net revenues decreased 7% compared to the second quarter of 2014 due to lower equity and debt financing revenues, partially offset by higher advisory services revenues. Adjusted income from continuing operations before adjusted income tax expense was $26.893 million against $17.440 million a year ago. Annualized quarterly return on common shareholders' equity was 10.2% compared with 4.1% for the same period a year ago. Book value per share was $53.26 compared with $49.11 for the same period a year ago. Tangible book value per share was $37.05 compared with $31.56 for the same period a year ago. For the nine months, the company reported net revenues of $497,590,000 compared with $337,619,000 for the same period a year ago. Income from continuing operations before income tax expense was $88,822,000 compared with $33,561,000 for the same period a year ago. Income from continuing  operations was $60,350,000 or $3.12 per diluted share compared with $23,431,000 or $1.29 per diluted share for the same period a year ago. Net income applicable to Piper Jaffray Companies' common shareholders was $46,386,000 or $3.11 per diluted share compared with $16,163,000 or $1.06 per diluted share for the same period a year ago. Adjusted net income from continuing operations was $57.414 million, or $3.52 per diluted common share compared to $43.674 million or $1.71 per diluted common share a year ago. Adjusted net revenues were $484.045 million compared to $333.758 million a year ago. Adjusted income from continuing operations before adjusted income tax expense was $90.071 million against $43.674 million a year ago.

Piper Jaffray Companies to Report Q3, 2014 Results on Oct 23, 2014

Piper Jaffray Companies announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Oct 23, 2014

 

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Industry Analysis

PJC

Industry Average

Valuation PJC Industry Range
Price/Earnings 11.9x
Price/Sales 1.3x
Price/Book 1.1x
Price/Cash Flow 10.8x
TEV/Sales NM Not Meaningful
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