PIPR Stock Earnings Estimates Cut by Northland Securities

Piper Sandler Companies (NYSE:PIPR) – Investment analysts at Northland Securities decreased their FY2026 earnings per share estimates for shares of Piper Sandler Companies in a report released on Friday, October 30th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of $4.13 per share for the year, down from their previous estimate of $4.44. The consensus estimate for Piper Sandler Companies’ current full-year earnings is $4.47 per share. Northland Securities also issued estimates for Piper Sandler Companies’ Q3 2027 earnings at $1.13 EPS, Q4 2027 earnings at $1.24 EPS and FY2027 earnings at $4.39 EPS.

Piper Sandler Companies (NYSE:PIPR) last released its earnings results on Friday, October 30th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.06). The business had revenue of $456.04 million during the quarter, compared to analyst estimates of $467.39 million. Piper Sandler Companies had a net margin of 14.51% and a return on equity of 21.92%. The business’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period last year, the business earned $3.82 EPS.

Other analysts have also issued reports about the stock. Zacks Research lowered shares of Piper Sandler Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 13th. The Goldman Sachs Group set a $80.00 price objective on shares of Piper Sandler Companies and gave the company a “buy” rating in a research report on Thursday, October 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Piper Sandler Companies in a research note on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $90.81.

Piper Sandler Companies Trading Up 5.3%

Shares of PIPR stock opened at $67.22 on Tuesday. The firm has a market capitalization of $4.75 billion, a P/E ratio of 15.82, a price-to-earnings-growth ratio of 2.02 and a beta of 1.43. Piper Sandler Companies has a 1 year low of $61.35 and a 1 year high of $95.07. The firm’s fifty day simple moving average is $69.69 and its 200 day simple moving average is $77.03.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PIPR. Sterling Capital Management LLC boosted its holdings in Piper Sandler Companies by 296.5% during the first quarter. Sterling Capital Management LLC now owns 452 shares of the company’s stock valued at $35,000 after purchasing an additional 338 shares in the last quarter. Parkside Financial Bank & Trust bought a new stake in shares of Piper Sandler Companies in the 2nd quarter valued at approximately $37,000. Integrated Wealth Concepts LLC bought a new stake in shares of Piper Sandler Companies in the 2nd quarter valued at approximately $87,000. Allworth Financial LP acquired a new position in shares of Piper Sandler Companies in the 2nd quarter worth approximately $90,000. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Piper Sandler Companies by 71.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 346 shares of the company’s stock worth $118,000 after buying an additional 144 shares in the last quarter. Institutional investors and hedge funds own 72.79% of the company’s stock.

Piper Sandler Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Tuesday, November 24th will be paid a $0.20 dividend. The ex-dividend date is Tuesday, November 24th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Piper Sandler Companies’s dividend payout ratio is currently 18.82%.

About Piper Sandler Companies

Piper Sandler Companies (NYSE:PIPR) is an investment banking and institutional securities firm that provides financial services to corporations, financial institutions, public-sector entities, institutional investors and private equity firms. The company offers advisory and capital-raising services, including mergers and acquisitions, equity and debt offerings, restructuring and other strategic transactions.

Its institutional securities activities include equity research, sales and trading, fixed-income services and market-making.