How often does Piper Sandler Companies move more than the options market prices?

1 of the last 7 reports moved at least as far as the implied move.

PIPRNYSESecurity Brokers, Dealers & Flotation Companies

Piper Sandler Companies (PIPR) earnings date, market-implied expected move, and options open interest by expiry

63.80

−4.92 · −7.15%

post 63.80 −0.01%

Closed16:00 ET

Open67.26Volume1.6MMkt cap$4.5BP/E14.05EPS4.54Div yield1.18%

Day61.83 – 67.2636%52-wk61.35 – 92.808%

PIPR

Piper Sandler Companies

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 5

before open · in 95 days

est.Q4 FY26

Calendar

Next report

Last report

−7.14%

vs ±8.0% implied · ×0.89

shaded = implied · ▲▼ = realized

Oct 30 '26 · confirmedthin chain

Implied vs realized

Largest filed tie

—

Supply chain

Largest filed tie

13F top-10 QoQ

+5.75%

shares held · 10 largest managers

13F · Jun 30 '26125d lag

415 managers

Top fund weight

0.16%

PIPR weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Piper Sandler Companies (PIPR) is expected to report on Feb 5 before open (estimated date).

Implied vs realized

8 reports

1 of 7≥ implied

avg implied: ±7.2%
avg realized: ±4.3%

Jan 31 '25Jan 31 '25confirmed±6.2%▲+2.30%×0.37

May 2 '25May 2 '25confirmed±7.3%▲+3.73%×0.51

Aug 1 '25Aug 1 '25confirmed±5.8%▼−1.18%×0.20

Q3 FY25Oct 31 '25confirmed±7.3%▼−2.40%×0.33

Feb 6 '26Feb 6 '26confirmed±7.2%▲+9.88%×1.36

Q1 FY26May 1 '26confirmed—▼−8.92%—

Q2 FY26Jul 30 '26confirmed±8.7%▲+3.20%×0.37

Oct 30 '26Oct 30 '26confirmed±8.0%thin chain▼−7.14%×0.89

quarterimplied−10%0+10%realized×

Oct '26±8.0%▼−7.14%×0.89

Q2 FY26±8.7%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

2.79OI · 3 expiries · Oct 30 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

163−2%Nov 2018d1.15142+6%1.15

1880%Dec 1846d0.971930%0.97

report · Feb 5 · before open · est.

2120%Mar 19137d760%

ExpiryPutsCallsP/C

Nov 2018d163−2%142+6%1.15

Dec 1846d1880%1930%0.97

report · Feb 5 · before open · est.

Mar 19137d2120%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

14.15%as filednet margin · revenue +4.45% QoQ · +24.88% YoY

Revenue$496M+4.45%

Pre-tax income$100M+14.22%

Net income$70M14.15%+2.61%

Tax$30M+54.64%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.40· ±2.2% vs ±1.5% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±2.2%6 of 10×1.40

FOMCrate decision±2.0%13 of 24×1.30

NFPjobs report±1.5%2 of 10×0.99

PCEpersonal income & outlays±1.4%11 of 19×0.90

CPROFcorporate profits±1.4%7 of 12×0.89

CPIconsumer prices±1.1%6 of 10×0.74

GDPgross domestic product±1.1%11 of 19×0.73

Bar = avg |move| to ±3% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS 0.95 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 30 '26 · confirmed	0.95	—
Q1 FY26	May 1 '26 · confirmed	0.92	—
Q3 FY25	Oct 31 '25 · confirmed	3.38	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod