What is Northland Securities' Forecast for PIPR Q1 Earnings?

Key Points

• Northland Securities cut its Q1 2027 EPS estimate for Piper Sandler to $1.17 per share, down from its prior $1.26 forecast.
• The firm kept an Outperform rating and a $87.50 price target, and now projects Q2 $1.26, Q3 $1.34, Q4 $1.46 and FY2027 $5.22 in EPS (revised down from $5.62).

Piper Sandler Companies (NYSE:PIPR - Free Report) - Research analysts at Northland Securities cut their Q1 2027 earnings estimates for Piper Sandler Companies in a research report issued to clients and investors on Friday, May 1st. Northland Securities analyst M. Grondahl now anticipates that the company will earn $1.17 per share for the quarter, down from their previous estimate of $1.26. Northland Securities currently has a "Outperform" rating and a $87.50 target price 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 2027 earnings at $1.26 EPS, Q3 2027 earnings at $1.34 EPS, Q4 2027 earnings at $1.46 EPS and FY2027 earnings at $5.22 EPS.

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

Other equities analysts have also issued research reports about the stock. Zacks Research lowered shares of Piper Sandler Companies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 7th. Wall Street Zen lowered shares of Piper Sandler Companies from a "buy" rating to a "hold" rating in a research report on Saturday, April 11th. Bank of America initiated coverage on shares of Piper Sandler Companies in a research report on Monday, January 26th. They set an "underperform" rating and a $96.25 price target for the company. Weiss Ratings reiterated a "hold (c)" rating on shares of Piper Sandler Companies in a research report on Friday, January 23rd. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $97.00 target price on shares of Piper Sandler Companies in a research report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $95.06.

Piper Sandler Companies Stock Performance

Piper Sandler Companies stock opened at $79.63 on Monday. The company has a 50-day simple moving average of $79.27 and a 200-day simple moving average of $83.39. The firm has a market capitalization of $5.68 billion, a P/E ratio of 20.11, a P/E/G ratio of 1.60 and a beta of 1.47. Piper Sandler Companies has a one year low of $60.11 and a one year high of $95.07.

Hedge Funds Weigh In On Piper Sandler Companies

Large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its position in shares of Piper Sandler Companies by 89.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 74 shares of the company's stock valued at $25,000 after purchasing an additional 35 shares in the last quarter. Aster Capital Management DIFC Ltd boosted its position in shares of Piper Sandler Companies by 1,440.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 77 shares of the company's stock valued at $26,000 after purchasing an additional 72 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Piper Sandler Companies during the 4th quarter valued at about $28,000. Whittier Trust Co. bought a new position in shares of Piper Sandler Companies during the 3rd quarter valued at about $31,000. Finally, UMB Bank n.a. boosted its position in shares of Piper Sandler Companies by 55.2% during the 4th quarter. UMB Bank n.a. now owns 90 shares of the company's stock valued at $31,000 after purchasing an additional 32 shares in the last quarter. Institutional investors own 72.79% of the company's stock.

Insider Buying and Selling at Piper Sandler Companies

In other news, President Debbra L. Schoneman sold 20,960 shares of the firm's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $87.75, for a total transaction of $1,839,187.60. Following the completion of the transaction, the president 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.10% of the company's stock.

Piper Sandler Companies Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Tuesday, March 3rd were given a dividend of $0.175 per share. The ex-dividend date was Tuesday, March 3rd. This represents a $0.70 annualized dividend and a dividend yield of 0.9%. Piper Sandler Companies's dividend payout ratio (DPR) is 17.68%.

Trending Headlines about Piper Sandler Companies

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

• Positive Sentiment: Q1 results beat consensus — reported EPS $1.00 vs. $0.85 expected and revenue $474.4M vs. $436.3M expected; revenue rose ~32.7% year‑over‑year, with healthy margins and ROE reported. Transcript and details from the call are available. Earnings Call Transcript (Seeking Alpha)
• Neutral Sentiment: Earnings call coverage and summaries published across outlets (InsiderMonkey, The Motley Fool, TipRanks) — useful for color on business segments and management commentary but not yet changing consensus materially. Earnings Call Summary (TipRanks)
• Negative Sentiment: Analyst downward revisions: Northland Securities trimmed EPS estimates across multiple 2027 quarters and cut FY‑2027 from $5.62 to $5.22 while keeping an Outperform rating and $87.50 target — the revisions signal lower forward expectations that can pressure the stock. (Market commentary summarized analysts’ cuts.)
• Negative Sentiment: Market reaction/flow: several commentary pieces highlight the stock’s pullback after the print — despite the beat, investors appear focused on volatility, prior-year comparability (Q1 a year ago included much higher EPS), and the reduced forward estimates. See coverage explaining the decline. Why PIPR Stock Is Down (AAII)

Piper Sandler Companies Company Profile

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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