Brokers Offer Predictions for PIPR FY2026 Earnings

Key Points

• Northland Securities cut Piper Sandler’s FY2026 EPS forecast to $4.13 from $4.44, below the $4.47 analyst consensus. The firm projects FY2027 EPS of $4.39.
• Piper Sandler’s latest quarter fell short of expectations, with EPS of $0.87 versus $0.93 expected and revenue of $456.04 million versus $467.39 million; revenue declined 4.9% year over year.
• Analyst sentiment is mixed, with an overall “Hold” rating and an average price target of $90.81. The company declared a quarterly dividend of $0.20, equivalent to a 1.2% yield.

Piper Sandler Companies (NYSE:PIPR - Free Report) - Northland Securities lowered their FY2026 earnings per share (EPS) estimates for Piper Sandler Companies in a research report issued on Friday, October 30th. Northland Securities analyst M. Grondahl now expects that the company will earn $4.13 per share for the year, down from their previous forecast 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.

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

Piper Sandler Companies Price Performance

Piper Sandler Companies stock opened at $67.22 on Tuesday. The firm's 50 day simple moving average is $69.69 and its 200-day simple moving average is $77.03. The company has a market cap 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 fifty-two week low of $61.35 and a fifty-two week high of $95.07.

Piper Sandler Companies (NYSE:PIPR - Get Free Report) last posted its quarterly earnings data on Friday, October 30th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.06). Piper Sandler Companies had a return on equity of 21.92% and a net margin of 14.51%. The company had revenue of $456.04 million for the quarter, compared to analyst estimates of $467.39 million. During the same quarter in the previous year, the firm posted $3.82 EPS. Piper Sandler Companies's quarterly revenue was down 4.9% on a year-over-year basis.

Piper Sandler Companies Dividend Announcement

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

Institutional Investors Weigh In On Piper Sandler Companies

A number of institutional investors have recently modified their holdings of PIPR. One Capital Management LLC acquired a new position in Piper Sandler Companies during the second quarter worth $2,288,000. Wellington Management Group LLP acquired a new stake in shares of Piper Sandler Companies in the second quarter worth $13,753,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Piper Sandler Companies in the first quarter worth $1,535,000. WINTON GROUP Ltd acquired a new stake in shares of Piper Sandler Companies in the second quarter worth $9,445,000. Finally, Arizona State Retirement System bought a new stake in shares of Piper Sandler Companies during the 2nd quarter worth $1,387,000. Institutional investors and hedge funds own 72.79% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.