What is Northland Securities’ Forecast for PIPR Q4 Earnings?

Piper Sandler Companies (NYSE:PIPR) – Research analysts at Northland Securities lowered their Q4 2026 earnings estimates for Piper Sandler Companies in a report released on Friday, October 30th. Northland Securities analyst M. Grondahl now forecasts that the company will earn $1.22 per share for the quarter, down from their prior estimate of $1.44. The consensus estimate for Piper Sandler Companies’ current full-year earnings is $4.10 per share. Northland Securities also issued estimates for Piper Sandler Companies’ Q1 2027 earnings at $0.97 EPS and Q2 2027 earnings at $1.05 EPS.

Piper Sandler Companies (NYSE:PIPR) last released its quarterly earnings results on Friday, October 30th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.06). Piper Sandler Companies had a net margin of 14.53% and a return on equity of 21.11%. The firm had revenue of $456.04 million for the quarter, compared to analyst estimates of $467.39 million. During the same quarter in the prior year, the business posted $3.82 EPS. The firm’s quarterly revenue was down 4.9% compared to the same quarter last year.

Several other research firms have also issued reports on PIPR. Bank of America reissued an “underperform” rating and set a $69.00 target price on shares of Piper Sandler Companies in a research note on Tuesday. The Goldman Sachs Group set a $80.00 price target on Piper Sandler Companies and gave the company a “buy” rating in a research note on Thursday, October 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Piper Sandler Companies in a report on Monday, August 17th. Finally, Zacks Research cut Piper Sandler Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 13th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $84.00.

Piper Sandler Companies Stock Performance

PIPR opened at $65.92 on Monday. The company has a fifty day moving average of $69.52 and a two-hundred day moving average of $76.91. The stock has a market capitalization of $4.66 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 2.22 and a beta of 1.39. Piper Sandler Companies has a fifty-two week low of $61.35 and a fifty-two week high of $95.07.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its position in shares of Piper Sandler Companies by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 573,217 shares of the company’s stock valued at $41,466,000 after acquiring an additional 2,967 shares in the last quarter. Greenwich Wealth Management LLC boosted its stake in shares of Piper Sandler Companies by 1.0% in the second quarter. Greenwich Wealth Management LLC now owns 420,805 shares of the company’s stock worth $30,441,000 after acquiring an additional 4,036 shares during the last quarter. Wellington Management Group LLP acquired a new stake in shares of Piper Sandler Companies in the second quarter worth approximately $13,753,000. WINTON GROUP Ltd purchased a new stake in shares of Piper Sandler Companies during the second quarter worth approximately $9,445,000. Finally, Moody Aldrich Partners LLC increased its position in shares of Piper Sandler Companies by 4.2% during the third quarter. Moody Aldrich Partners LLC now owns 75,105 shares of the company’s stock worth $4,955,000 after purchasing an additional 3,020 shares in the last quarter. 72.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, President Debbra Schoneman sold 39,708 shares of Piper Sandler Companies stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $67.38, for a total value of $2,675,525.04. Following the sale, the president owned 11,752 shares in the company, valued at $791,849.76. This trade represents a 77.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.10% of the stock is currently owned by company insiders.

Piper Sandler Companies Announces Dividend

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

Piper Sandler Companies News Summary

Here are the key news stories impacting Piper Sandler Companies this week:

• Positive Sentiment: Recent coverage highlights buyback news as a potential support for shares. One analysis suggests PIPR could be about 15% below fair value, though another cautions the stock may still trade at a premium. Piper Sandler Companies Could Be 15% Below Fair Value As Buyback News Lifts Shares Piper Sandler Stock May Trade At A Premium Despite Fresh Buyback News
• Positive Sentiment: Piper Sandler declared a quarterly dividend of $0.20 per share, equivalent to $0.80 annually and a yield of about 1.3%.
• Neutral Sentiment: The buyback coverage presents conflicting views on valuation: one sees potential undervaluation, while another says shares may remain at a premium. The provided reports do not specify the buyback’s terms.
• Negative Sentiment: Northland Securities reduced its FY2026 EPS estimate to $4.13 from $4.44 and its FY2027 estimate to $4.39 from $5.25, also lowering its projections for Q3 and Q4 2027. These cuts signal weaker earnings expectations.
• Negative Sentiment: President Debbra Schoneman sold 39,708 shares for about $2.68 million, reducing her direct stake by 77.16%. Investors may view the substantial sale as a negative signal, although the filing does not state her reason. SEC Form 4 filing
• Negative Sentiment: Recent quarterly results also disappointed: EPS of $0.87 and revenue of $456.0 million were below consensus estimates, while revenue declined 4.9% year over year.

Piper Sandler Companies Company Profile

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.