Piper Jaffray Companies (NYSE:PJC) declared a quarterly dividend on Friday, July 26th, Zacks reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.375 per share by the financial services provider on Friday, September 13th. This represents a $1.50 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, August 22nd.

Shares of Piper Jaffray Companies stock opened at $71.66 on Wednesday. The stock’s fifty day moving average is $74.80 and its two-hundred day moving average is $74.28. The company has a market capitalization of $1.02 billion, a PE ratio of 11.69 and a beta of 1.35. Piper Jaffray Companies has a 52 week low of $61.35 and a 52 week high of $82.52.

Piper Jaffray Companies (NYSE:PJC) last posted its quarterly earnings results on Friday, July 26th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.27. Piper Jaffray Companies had a return on equity of 12.54% and a net margin of 7.80%. The business had revenue of $172.42 million for the quarter, compared to the consensus estimate of $155.26 million. During the same quarter in the prior year, the company earned $0.92 EPS. On average, equities analysts anticipate that Piper Jaffray Companies will post 6.35 EPS for the current year.

A number of research firms have recently issued reports on PJC. Zacks Investment Research raised Piper Jaffray Companies from a “sell” rating to a “hold” rating in a research report on Wednesday, August 7th. Northland Securities reissued a “buy” rating and set a $89.00 price target on shares of Piper Jaffray Companies in a research report on Friday, July 26th.

Piper Jaffray Companies Company Profile

Piper Jaffray Companies operates as an investment bank and asset management firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company's Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products.

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Dividend History for Piper Jaffray Companies (NYSE:PJC)

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