Northland Securities Forecasts PIPR Q1 Earnings

Piper Sandler Companies (NYSE:PIPR) – Equities research analysts at Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for Piper Sandler Companies in a report issued on Wednesday, March 4th. Northland Securities analyst M. Grondahl forecasts that the company will earn $5.04 per share for the quarter. Northland Securities has a “Outperform” rating and a $350.00 price objective on the stock. Northland Securities also issued estimates for Piper Sandler Companies’ Q2 2027 earnings at $5.46 EPS, Q3 2027 earnings at $5.79 EPS and Q4 2027 earnings at $6.19 EPS.

Several other research analysts have also commented on the company. Zacks Research raised Piper Sandler Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Wolfe Research reiterated an “outperform” rating and issued a $398.00 target price on shares of Piper Sandler Companies in a research note on Wednesday, January 7th. The Goldman Sachs Group upgraded Piper Sandler Companies from a “neutral” rating to a “buy” rating and raised their target price for the company from $368.00 to $386.00 in a report on Monday, November 10th. Bank of America started coverage on Piper Sandler Companies in a report on Monday, January 26th. They issued an “underperform” rating and a $385.00 price target for the company. Finally, Wall Street Zen raised shares of Piper Sandler Companies from a “hold” rating to a “buy” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $379.75.

Piper Sandler Companies Stock Down 0.7%

Shares of PIPR stock opened at $300.48 on Friday. Piper Sandler Companies has a fifty-two week low of $202.91 and a fifty-two week high of $380.26. The firm’s 50 day moving average price is $341.86 and its two-hundred day moving average price is $339.36. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 19.01, a price-to-earnings-growth ratio of 1.67 and a beta of 1.54.

Piper Sandler Companies shares are set to split on Tuesday, March 24th. The 4-1 split was announced on Friday, February 6th. The newly created shares will be distributed to shareholders after the closing bell on Monday, March 23rd.

Piper Sandler Companies (NYSE:PIPR) last released its quarterly earnings data on Friday, February 6th. The company reported $6.88 earnings per share for the quarter, beating the consensus estimate of $4.72 by $2.16. The business had revenue of $635.00 million for the quarter, compared to analyst estimates of $516.52 million. Piper Sandler Companies had a return on equity of 21.85% and a net margin of 14.77%.The company’s revenue was up 27.4% compared to the same quarter last year. During the same period in the previous year, the company posted $4.80 EPS.

Institutional Trading of Piper Sandler Companies

A number of hedge funds have recently made changes to their positions in PIPR. Elevation Point Wealth Partners LLC raised its holdings in Piper Sandler Companies by 2.2% in the second quarter. Elevation Point Wealth Partners LLC now owns 1,410 shares of the company’s stock valued at $392,000 after acquiring an additional 30 shares in the last quarter. M&T Bank Corp grew its holdings in Piper Sandler Companies by 3.5% during the 2nd quarter. M&T Bank Corp now owns 905 shares of the company’s stock worth $251,000 after acquiring an additional 31 shares in the last quarter. UMB Bank n.a. increased its position in shares of Piper Sandler Companies by 55.2% in the 4th quarter. UMB Bank n.a. now owns 90 shares of the company’s stock worth $31,000 after purchasing an additional 32 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Piper Sandler Companies by 89.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 74 shares of the company’s stock worth $25,000 after purchasing an additional 35 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Piper Sandler Companies by 0.4% in the 4th quarter. Public Employees Retirement System of Ohio now owns 8,108 shares of the company’s stock valued at $2,754,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 72.79% of the company’s stock.

Insiders Place Their Bets

In other Piper Sandler Companies news, President Debbra L. Schoneman sold 5,240 shares of Piper Sandler Companies stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $350.99, for a total transaction of $1,839,187.60. Following the sale, the president directly owned 2,896 shares in the company, valued at $1,016,467.04. The trade was a 64.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.70% of the stock is currently owned by company insiders.

Piper Sandler Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Tuesday, March 3rd will be issued a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $2.80 dividend on an annualized basis and a yield of 0.9%. Piper Sandler Companies’s dividend payout ratio is currently 17.71%.

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.