Northland Securities Predicts PIPR FY2027 Earnings

Piper Sandler Companies (NYSE:PIPR) – Stock analysts at Northland Securities issued their FY2027 earnings estimates for Piper Sandler Companies in a research report issued to clients and investors on Wednesday, March 4th. Northland Securities analyst M. Grondahl forecasts that the company will post earnings of $22.50 per share for the year. Northland Securities has a “Outperform” rating and a $350.00 price objective on the stock.

A number of other research analysts also recently issued reports on PIPR. Zacks Research upgraded Piper Sandler Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. The Goldman Sachs Group upgraded shares of Piper Sandler Companies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $368.00 to $386.00 in a research note on Monday, November 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Piper Sandler Companies in a research report on Friday, January 23rd. Bank of America started coverage on shares of Piper Sandler Companies in a research report on Monday, January 26th. They set an “underperform” rating and a $385.00 price objective on the stock. Finally, Wolfe Research restated an “outperform” rating and set a $398.00 target price on shares of Piper Sandler Companies in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Piper Sandler Companies presently has an average rating of “Moderate Buy” and an average price target of $379.75.

Piper Sandler Companies Price Performance

Shares of PIPR stock opened at $293.65 on Monday. The company has a market cap of $5.23 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 1.62 and a beta of 1.54. Piper Sandler Companies has a 1 year low of $202.91 and a 1 year high of $380.26. The firm has a fifty day moving average price of $340.75 and a 200-day moving average price of $339.21.

Piper Sandler Companies’s stock is scheduled to split on the morning of Tuesday, March 24th. The 4-1 split was announced on Friday, February 6th. The newly issued shares will be payable to shareholders after the closing bell on Monday, March 23rd.

Piper Sandler Companies (NYSE:PIPR) last posted its earnings results on Friday, February 6th. The company reported $6.88 earnings per share (EPS) 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 analysts’ expectations of $516.52 million. Piper Sandler Companies had a net margin of 14.77% and a return on equity of 21.85%. The business’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.80 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Piper Sandler Companies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 2,128,150 shares of the company’s stock worth $722,954,000 after buying an additional 17,964 shares during the last quarter. Invesco Ltd. lifted its position in shares of Piper Sandler Companies by 0.3% during the fourth quarter. Invesco Ltd. now owns 716,829 shares of the company’s stock worth $243,514,000 after purchasing an additional 2,285 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Piper Sandler Companies by 2.5% during the 2nd quarter. Geode Capital Management LLC now owns 400,772 shares of the company’s stock valued at $111,402,000 after buying an additional 9,759 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Piper Sandler Companies by 6.4% during the fourth quarter. JPMorgan Chase & Co. now owns 294,624 shares of the company’s stock worth $100,087,000 after acquiring an additional 17,694 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Piper Sandler Companies by 23.9% during the third quarter. American Century Companies Inc. now owns 248,034 shares of the company’s stock valued at $86,066,000 after acquiring an additional 47,885 shares in the last quarter. 72.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Piper Sandler Companies

In other news, President Debbra L. Schoneman sold 5,240 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the president owned 2,896 shares in the company, valued at $1,016,467.04. This trade represents a 64.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.70% of the stock is owned by company insiders.

Piper Sandler Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Tuesday, March 3rd will be paid a $0.70 dividend. The ex-dividend date is Tuesday, March 3rd. This represents a $2.80 annualized dividend and a yield of 1.0%. Piper Sandler Companies’s payout ratio is presently 17.71%.

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.