Nathan Race

Q: What is Nathan Race's success rate?

Nathan Race currently has a success rate of 69.56988299259159.

Q: What is the average return of Nathan Race's calls?

Their stock ratings have generated an average return of 7.342375339266409.

Piper Sandler | Financial Services

Nathan Race is an analyst from Piper Sandler specializing in the Financial Services sector. Ranked #2370 out of 4547 analysts, they have issued 71 stock ratings with a success rate of 69.57% and an average return of 7.34%.

Nathan Race has a well-established track record, with 71 ratings issued in the Financial Services sector. They have consistently delivered a success rate of 69.57% and an average return of 7.34%, underscoring their expertise and ability to identify winning opportunities for investors.

#2370

Out of 4547

Total Ratings

+69.57%

Success Rate

+7.34%

Average Return

Recent Ratings Analysis

NIC

Buy

Feb 19, 2026

Target

$185.00

Current

$158.67

Performance

0.00%

Nathan Race rated NIC as Overweight on Feb 19, 2026, setting a price target of 185. Shares have remained stable near 158.67, leaving the 185 target still in play.

ISBA

Hold

Feb 09, 2026

Target

$54.00

Current

$52.30

Performance

-1.23%

On Feb 09, 2026, ISBA was given a Neutral rating by Nathan Race, with a target price of 54. Market indecision, reflected in sideways trading near 52.3, supported the cautious call.

FRME

Buy

Feb 04, 2026

Target

$49.00

Current

$42.07

Performance

0.60%

FRME received a Overweight rating from Nathan Race on Feb 04, 2026, aiming for 49. Price action was muted, as shares hovered around 42.07 despite the bullish outlook.

FBIZ

Buy

Feb 03, 2026

Target

$70.00

Current

$57.02

Performance

-3.89%

On Feb 03, 2026, Nathan Race published a Overweight outlook on FBIZ, with a target of 70. So far, the stock has neither confirmed nor rejected the Buy case, holding within range of 57.02.

PRK

Hold

Feb 03, 2026

Target

$183.00

Current

$174.54

Performance

1.94%

Nathan Race on Feb 03, 2026 assigned PRK a Neutral rating, with a price target of 183. The Hold stance reflected consolidation, as shares held near 174.54.

INBK

Hold

Jan 30, 2026

Target

$23.50

Current

$20.27

Performance

-6.98%

On Jan 30, 2026, Nathan Race reaffirmed INBK with a Neutral rating, targeting 23.5. The Hold stance reflected market caution that was later justified.

SYBT

Hold

Jan 30, 2026

Target

$76.00

Current

$68.33

Performance

0.95%

SYBT was rated Neutral by Nathan Race on Jan 30, 2026, with a price objective of 76. Flat performance suggests the Hold view was reasonable.

QCRH

Buy

Jan 30, 2026

Target

$108.00

Current

$91.81

Performance

1.72%

On Jan 30, 2026, Nathan Race initiated coverage on QCRH with a Overweight rating and target of 108. Neutral price movement of 1.72% leaves room for interpretation.

BUSE

Buy

Jan 30, 2026

Target

$29.00

Current

$26.21

Performance

6.33%

Nathan Race issued a Overweight recommendation for BUSE on Jan 30, 2026, price target set at 29. Investors following the Buy call captured upside momentum, with shares now at 26.21.

GABC

Hold

Jan 29, 2026

Target

$47.00

Current

$43.17

Performance

3.90%

On Jan 29, 2026, GABC was evaluated by Nathan Race, who gave a Neutral rating and target of 47. Hold sentiment was validated by subdued trading with no breakout beyond 43.17.

UMBF

Buy

Jan 29, 2026

Target

$152.00

Current

$126.12

Performance

-0.90%

Nathan Race rated UMBF as Overweight on Jan 29, 2026, setting a price target of 152. Shares have remained stable near 126.12, leaving the 152 target still in play.

BWB

Buy

Jan 29, 2026

Target

$23.00

Current

$19.28

Performance

0.52%

On Jan 29, 2026, BWB was given a Overweight rating by Nathan Race, with a target price of 23. The stock traded sideways with a 0.52% move, keeping the bullish thesis unresolved.

EFSC

Hold

Jan 28, 2026

Target

$64.00

Current

$60.59

Performance

7.98%

EFSC received a Neutral rating from Nathan Race on Jan 28, 2026, aiming for 64. Investors saw gains of 7.98% that the cautious stance didn’t fully capture.

CBC

Buy

Jan 28, 2026

Target

$30.00

Current

$25.11

Performance

4.36%

On Jan 28, 2026, Nathan Race published a Overweight outlook on CBC, with a target of 30. So far, the stock has neither confirmed nor rejected the Buy case, holding within range of 25.11.

IBCP

Hold

Jan 26, 2026

Target

$39.00

Current

$36.73

Performance

5.15%

Nathan Race on Jan 26, 2026 assigned IBCP a Neutral rating, with a price target of 39. Shares outperformed expectations, climbing 5.15% despite the neutral view.

CBSH

Hold

Jan 26, 2026

Target

$62.00

Current

$53.68

Performance

1.71%

On Jan 26, 2026, Nathan Race reaffirmed CBSH with a Neutral rating, targeting 62. The neutral call matched muted market action of 1.71%.

MSBI

Hold

Jan 26, 2026

Target

$25.50

Current

$23.21

Performance

0.69%

MSBI was rated Neutral by Nathan Race on Jan 26, 2026, with a price objective of 25.5. Flat performance suggests the Hold view was reasonable.

SMBC

Hold

Jan 26, 2026

Target

$68.00

Current

$64.83

Performance

6.84%

On Jan 26, 2026, Nathan Race initiated coverage on SMBC with a Neutral rating and target of 68. The Hold stance underestimated the stock’s strength as it gained 6.84%.

SRCE

Buy

Jan 26, 2026

Target

$83.00

Current

$70.00

Performance

4.49%

Nathan Race issued a Overweight recommendation for SRCE on Jan 26, 2026, price target set at 83. The target of 83 remains in play, though confirmation will depend on future moves.

WTFC

Buy

Jan 22, 2026

Target

$184.00

Current

$153.49

Performance

0.84%

On Jan 22, 2026, WTFC was evaluated by Nathan Race, who gave a Overweight rating and target of 184. So far, the Buy call awaits clearer momentum, with shares flat at 153.49.

EQBK

Buy

Jan 12, 2026

Target

$57.00

Current

$45.68

Performance

0.02%

Nathan Race rated EQBK as Overweight on Jan 12, 2026, setting a price target of 57. Shares have remained stable near 45.68, leaving the 57 target still in play.

FNWB

Buy

Nov 07, 2025

Target

$13.50

Current

$10.10

Performance

11.23%

On Nov 07, 2025, FNWB was given a Overweight rating by Nathan Race, with a target price of 13.5. The stock rallied 11.23% after the rating, narrowing the gap to the target of 13.5 and validating the bullish stance.

ALRS

Hold

Nov 04, 2025

Target

$24.00

Current

$25.19

Performance

20.35%

ALRS received a Neutral rating from Nathan Race on Nov 04, 2025, aiming for 24. Investors saw gains of 20.35% that the cautious stance didn’t fully capture.

WTBA

Hold

Oct 27, 2025

Target

$24.00

Current

$25.25

Performance

15.67%

On Oct 27, 2025, Nathan Race published a Neutral outlook on WTBA, with a target of 24. The Hold call missed some of the bullish momentum as shares advanced toward 24.

PEBO

Buy

Oct 22, 2025

Target

$33.50

Current

$33.61

Performance

13.39%

Nathan Race on Oct 22, 2025 assigned PEBO a Overweight rating, with a price target of 33.5. The Buy call aligned well with market performance, producing a gain of 13.39%.

HBT

Hold

Oct 21, 2025

Target

$27.50

Current

$28.49

Performance

14.79%

On Oct 21, 2025, Nathan Race reaffirmed HBT with a Neutral rating, targeting 27.5. Market strength beyond 28.49 went further than the conservative outlook suggested.

MOFG

Hold

Jul 29, 2025

Target

$31.00

Current

$49.31

Performance

77.25%

MOFG was rated Neutral by Nathan Race on Jul 29, 2025, with a price objective of 31. Despite caution, upside momentum rewarded risk-takers with gains to 49.31.

HBNC

Hold

Jul 28, 2025

Target

$18.00

Current

$17.94

Performance

12.41%

On Jul 28, 2025, Nathan Race initiated coverage on HBNC with a Neutral rating and target of 18. The Hold stance underestimated the stock’s strength as it gained 12.41%.

MBWM

Hold

Jul 23, 2025

Target

$56.00

Current

$53.67

Performance

9.73%

Nathan Race issued a Neutral recommendation for MBWM on Jul 23, 2025, price target set at 56. A neutral call gave way to stronger-than-expected performance, closing in on 56.

BSVN

Buy

Jul 18, 2025

Target

$55.00

Current

$43.71

Performance

-9.89%

On Jul 18, 2025, BSVN was evaluated by Nathan Race, who gave a Overweight rating and target of 55. Investors saw limited payoff as shares fell short of the 55 target.

STBA

Hold

Jul 18, 2025

Target

$42.00

Current

$44.52

Performance

13.80%

Nathan Race rated STBA as Neutral on Jul 18, 2025, setting a price target of 42. Despite the Hold call, shares climbed 13.80% to 44.52, revealing unexpected momentum.

OSBC

Buy

Jul 02, 2025

Target

$24.50

Current

$20.37

Performance

7.78%

On Jul 02, 2025, OSBC was given a Overweight rating by Nathan Race, with a target price of 24.5. The stock rallied 7.78% after the rating, narrowing the gap to the target of 24.5 and validating the bullish stance.

FSFG

Buy

Jan 31, 2025

Target

$30.00

Current

$33.98

Performance

37.24%

FSFG received a Overweight rating from Nathan Race on Jan 31, 2025, aiming for 30. Momentum has favored the Buy call, with shares climbing from 33.98 to 33.98, rewarding those who trusted the recommendation.

BANF

Sell

Jul 22, 2024

Target

$95.00

Current

$115.13

Performance

9.66%

On Jul 22, 2024, Nathan Race published a Underweight outlook on BANF, with a target of 95. Investors who followed the Sell rating avoided losses as the stock weakened.

CALB

Buy

May 06, 2024

Target

$26.00

Current

$25.09

Performance

13.99%

Nathan Race on May 06, 2024 assigned CALB a Overweight rating, with a price target of 26. The Buy call aligned well with market performance, producing a gain of 13.99%.

Frequency Asked Questions

Who is Nathan Race?

Nathan Race is an analyst from Piper Sandler specializing in the Financial Services sector.

What is Nathan Race's success rate?

Nathan Race currently has a success rate of +69.57%.

How many ratings has Nathan Race issued?

Nathan Race has issued 71 stock ratings so far.

What is the average return of Nathan Race's calls?

Their stock ratings have generated an average return of +7.34%.

What is Nathan Race's ranking?

Nathan Race is ranked #2370 out of 4547 analysts.

What types of ratings does Nathan Race give?

Their ratings include Buy, Hold, and Sell recommendations, depending on the stock’s outlook.

How can I follow Nathan Race?

You can follow Nathan Race by clicking the "Follow Analyst" button on this page to receive updates on their stock calls.

What is the most recent rating by Nathan Race?

Their latest rating was a Buy on NIC issued on 2026-02-19.