PIPR Stock Gets Lower EPS Forecast from Northland Securities

Key Points

• Northland Securities cut Piper Sandler’s Q4 2026 EPS forecast to $1.22 from $1.44, while projecting $0.97 EPS for Q1 2027 and $1.05 for Q2 2027.
• Piper Sandler’s latest quarter fell short of expectations, reporting $0.87 EPS versus the $0.93 consensus and revenue of $456.04 million versus $467.39 million; revenue declined 4.9% year over year.
• The stock opened at $63.51, near its 12-month low, and analysts’ overall view remains “Hold” with a consensus price target of $90.81. Institutional investors own 72.79% of the company.

Piper Sandler Companies (NYSE:PIPR - Free Report) - Analysts at Northland Securities lowered their Q4 2026 earnings per share estimates for shares of Piper Sandler Companies in a research report issued to clients and investors on Friday, October 30th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings per share of $1.22 for the quarter, down from their previous estimate of $1.44. 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' Q1 2027 earnings at $0.97 EPS and Q2 2027 earnings at $1.05 EPS.

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 for the quarter, missing the consensus estimate of $0.93 by ($0.06). The business had revenue of $456.04 million during the quarter, compared to analysts' expectations of $467.39 million. Piper Sandler Companies had a return on equity of 21.11% and a net margin of 14.53%. The firm's revenue for the quarter was down 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $3.82 EPS.

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

Piper Sandler Companies Stock Down 0.5%

PIPR opened at $63.51 on Monday. Piper Sandler Companies has a twelve month low of $61.35 and a twelve month high of $95.07. The company has a market cap of $4.49 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 1.93 and a beta of 1.39. The company has a 50-day moving average price of $69.85 and a 200 day moving average price of $77.16.

Institutional Investors Weigh In On Piper Sandler Companies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ascent Group LLC acquired a new position in shares of Piper Sandler Companies in the 3rd quarter valued at about $1,543,000. Provenance Wealth Advisors LLC increased its holdings in Piper Sandler Companies by 16,030.6% in the third quarter. Provenance Wealth Advisors LLC now owns 5,807 shares of the company's stock valued at $383,000 after purchasing an additional 5,771 shares during the period. Choreo LLC increased its holdings in Piper Sandler Companies by 29.2% in the 3rd quarter. Choreo LLC now owns 5,798 shares of the company's stock worth $383,000 after acquiring an additional 1,311 shares during the last quarter. Moody Aldrich Partners LLC increased its stake in shares of Piper Sandler Companies by 4.2% in the third quarter. Moody Aldrich Partners LLC now owns 75,105 shares of the company's stock worth $4,955,000 after buying an additional 3,020 shares during the period. Finally, Signaturefd LLC grew its stake in shares of Piper Sandler Companies by 64.0% in the third quarter. Signaturefd LLC now owns 5,217 shares of the company's stock worth $344,000 after acquiring an additional 2,036 shares during the period. Hedge funds and other institutional investors 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.

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