Northland Securities Has Negative View of PIPR Q3 Earnings

Piper Sandler Companies (NYSE:PIPR) – Stock analysts at Northland Securities lowered their Q3 2026 earnings per share (EPS) estimates for shares of Piper Sandler Companies in a research note issued to investors on Thursday, July 30th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings per share of $0.95 for the quarter, down from their previous estimate of $1.15. The consensus estimate for Piper Sandler Companies’ current full-year earnings is $4.51 per share. Northland Securities also issued estimates for Piper Sandler Companies’ Q4 2026 earnings at $1.44 EPS.

Piper Sandler Companies (NYSE:PIPR) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. The company had revenue of $491.14 million for the quarter, compared to the consensus estimate of $445.28 million. Piper Sandler Companies had a return on equity of 22.04% and a net margin of 14.51%.The company’s quarterly revenue was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.92 EPS.

Several other equities research analysts have also recently commented on the stock. Zacks Research cut shares of Piper Sandler Companies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Piper Sandler Companies in a research report on Wednesday, May 20th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $97.00 price objective on shares of Piper Sandler Companies in a research note on Tuesday, April 14th. Finally, Wall Street Zen downgraded shares of Piper Sandler Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $95.06.

Piper Sandler Companies Stock Up 0.4%

Shares of PIPR stock opened at $76.21 on Monday. The stock has a 50-day simple moving average of $76.50 and a 200 day simple moving average of $79.85. The stock has a market capitalization of $5.41 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.76 and a beta of 1.43. Piper Sandler Companies has a fifty-two week low of $68.70 and a fifty-two week high of $95.07.

Piper Sandler Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, August 28th. Piper Sandler Companies’s payout ratio is presently 18.52%.

Institutional Investors Weigh In On Piper Sandler Companies

Several hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted 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 valued at $25,000 after purchasing an additional 35 shares during the period. Aster Capital Management DIFC Ltd raised its holdings in 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 worth $26,000 after buying an additional 72 shares during the period. Los Angeles Capital Management LLC purchased a new stake in Piper Sandler Companies during the fourth quarter valued at about $28,000. UMB Bank n.a. lifted its stake in Piper Sandler Companies by 55.2% during the fourth quarter. UMB Bank n.a. now owns 90 shares of the company’s stock valued at $31,000 after buying an additional 32 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of Piper Sandler Companies in the third quarter worth about $35,000. 72.79% of the stock is owned by hedge funds and other institutional investors.

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.