What is Northland Securities' Estimate for PIPR Q1 Earnings?

Key Points

• Northland Securities analyst M. Grondahl estimates Piper Sandler's Q1 2026 EPS at $0.76 and maintains an Outperform rating with an $87.50 price target.
• Northland's 2026 outlook includes Q2 $0.81, Q3 $1.15, Q4 $1.47, and FY2026 $4.43, compared with the consensus full-year estimate of $4.68.
• Piper Sandler actually reported Q1 EPS of $1.00, beating the $0.85 consensus, and announced a higher quarterly dividend of $0.20 per share.

Piper Sandler Companies (NYSE:PIPR - Free Report) - Investment analysts at Northland Securities upped their Q1 2026 earnings per share estimates for shares of Piper Sandler Companies in a research report issued on Thursday, April 30th. Northland Securities analyst M. Grondahl now expects that the company will post earnings per share of $0.76 for the quarter, up from their previous estimate of $0.76. Northland Securities currently has a "Outperform" rating and a $87.50 price target on the stock. The consensus estimate for Piper Sandler Companies' current full-year earnings is $4.68 per share. Northland Securities also issued estimates for Piper Sandler Companies' Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $1.15 EPS, Q4 2026 earnings at $1.47 EPS and FY2026 earnings at $4.43 EPS.

Several other analysts have also recently commented on the company. Bank of America initiated coverage on Piper Sandler Companies in a research report on Monday, January 26th. They issued an "underperform" rating and a $96.25 target price on the stock. Zacks Research cut Piper Sandler Companies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 7th. The Goldman Sachs Group restated a "buy" rating and issued a $97.00 target price on shares of Piper Sandler Companies in a research report on Tuesday, April 14th. Wolfe Research restated an "outperform" rating and issued a $99.50 target price on shares of Piper Sandler Companies in a research report on Wednesday, January 7th. Finally, Wall Street Zen cut Piper Sandler Companies from a "buy" rating to a "hold" rating in a research report on Saturday, April 11th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Piper Sandler Companies has a consensus rating of "Hold" and an average price target of $95.06.

Piper Sandler Companies Trading Down 2.3%

Shares of NYSE PIPR opened at $77.63 on Tuesday. Piper Sandler Companies has a 12-month low of $60.11 and a 12-month high of $95.07. The company has a market cap of $5.53 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 1.60 and a beta of 1.47. The stock's 50 day simple moving average is $79.27 and its 200 day simple moving average is $83.39.

Piper Sandler Companies (NYSE:PIPR - Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.15. The business had revenue of $474.41 million for the quarter, compared to the consensus estimate of $436.30 million. Piper Sandler Companies had a return on equity of 21.36% and a net margin of 13.94%.The business's revenue was up 32.7% on a year-over-year basis. During the same quarter last year, the business posted $4.09 EPS.

Piper Sandler Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a dividend of $0.20 per share. This is a boost from Piper Sandler Companies's previous quarterly dividend of $0.18. The ex-dividend date is Friday, May 29th. This represents a $0.80 annualized dividend and a dividend yield of 1.0%. Piper Sandler Companies's payout ratio is 17.68%.

Insider Activity

In other news, President Debbra L. Schoneman sold 20,960 shares of Piper Sandler Companies stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $87.75, for a total transaction of $1,839,187.60. Following the transaction, the president directly owned 11,584 shares in the company, valued at approximately $1,016,467.04. This trade represents a 64.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.10% of the company's stock.

Hedge Funds Weigh In On Piper Sandler Companies

Several hedge funds have recently modified their holdings of the company. Y Intercept Hong Kong Ltd acquired a new position in shares of Piper Sandler Companies during the 1st quarter valued at $1,535,000. Sterling Capital Management LLC increased its position in shares of Piper Sandler Companies by 296.5% during the 1st quarter. Sterling Capital Management LLC now owns 452 shares of the company's stock valued at $35,000 after purchasing an additional 338 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Piper Sandler Companies by 71.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 346 shares of the company's stock valued at $118,000 after purchasing an additional 144 shares during the period. Corient Private Wealth LLC increased its position in shares of Piper Sandler Companies by 16.7% during the 4th quarter. Corient Private Wealth LLC now owns 1,202 shares of the company's stock valued at $408,000 after purchasing an additional 172 shares during the period. Finally, Bayban acquired a new position in shares of Piper Sandler Companies in the 4th quarter worth $707,000. 72.79% of the stock is currently owned by institutional investors and hedge funds.

About Piper Sandler Companies

Piper Sandler Companies NYSE: PIPR is an investment bank and institutional securities firm that provides a range of capital markets and advisory services to corporations, institutions, municipalities and high-net-worth individuals. The firm’s core activities include investment banking and M&A advisory, underwriting and distribution of equity and debt securities, public finance, and sector-focused advisory across industries such as healthcare, energy, financial services and technology.

In addition to traditional investment banking, Piper Sandler offers equity and fixed income research, institutional sales and trading, and market-making services.

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