Nathan Race (Piper Sandler) — Analyst Ratings, Accuracy & Track Record

Q: How accurate are Nathan Race's stock ratings?

About 68% of Nathan's ratings were profitable over a one-year hold, with an average return of +3.6% per rating, measured by 13Foresight from historical prices.

Q: How is Nathan ranked?

Nathan Race is ranked #263 on 13Foresight, scored on hit rate, average return versus the market, and number of calls.

Analyst Tracker/Nathan Race

PIPR

Nathan Race

Piper Sandler

Wall Street Analyst

★★★★★

#263

on 13Foresight · ranked by our own returns

74%

Success Rate

+4.3%

Average Return

46 of 62 calls profitable · +1.6% vs benchmark

Time Frame ⓘ

1 Yr 2 Yr 3 Yr 5 Yr

Compare To ⓘ

🔒 5-year track record is Pro. Showing 1-year — upgrade.

📈 Across the calls we could measure, roughly 74% of Nathan Race's ratings turned a profit when each position was held for 1 year — averaging +4.3% per rating. These figures are computed by 13Foresight from historical prices, not supplied by the analyst.

Rating Distribution

100 Buy 102 Hold 0 Sell

Nathan's Stock Coverage 41 ratings · 2026-07-15

Company	Date	Position	Consensus ⓘ	Price Target ⓘ	1-Yr Return
FRBT Forbright	Jul 06, 2026	HOLD	Strong Buy +14.1% avg upside 7 analysts	$21.50 6.88% Upside	·
BSVN Bank7	Jul 06, 2026	BUY	Strong Buy -13.2% avg upside 4 analysts	$57.00 12.27% Upside	-1.1%
ALRS Alerus Financial	Jun 26, 2026	HOLD	Buy -14.1% avg upside 8 analysts	$32.00 2.34% Upside	+1.6%
MSBI Midland States Bancrop	Jun 26, 2026	HOLD	Hold -15.0% avg upside 5 analysts	$32.00 4.87% Upside	-2.2%
INBK First Internet Bancorp	Jun 26, 2026	HOLD	Buy +6.4% avg upside 5 analysts	$26.00 1.69% Downside	+5.2%
WTBA West Bancorporation	Jun 26, 2026	HOLD	Hold -8.4% avg upside 2 analysts	$27.00 2.00% Upside	·
UMBF UMB Financial	Jun 26, 2026	BUY	Strong Buy -6.3% avg upside 19 analysts	$161.00 12.98% Upside	-0.2%
SMBC Southern Missouri Bancorp	Jun 26, 2026	HOLD	Buy +1.0% avg upside 3 analysts	$79.00 5.07% Upside	-1.9%
SYBT Stock Yards Bancorp	Jun 26, 2026	HOLD	Buy -9.2% avg upside 8 analysts	$81.00 5.28% Upside	+0.9%
PEBO Peoples Bancorp	Jun 26, 2026	BUY	Buy -9.6% avg upside 13 analysts	$43.00 12.47% Upside	-1.5%
PRK Park National	Jun 26, 2026	HOLD	Hold -17.4% avg upside 7 analysts	$189.00 3.16% Upside	+0.9%
OSBC Old Second Bancorp	Jun 26, 2026	BUY	Strong Buy -0.6% avg upside 9 analysts	$26.00 13.00% Upside	-1.6%
FRME First Merchants	Jun 26, 2026	BUY	Strong Buy +2.3% avg upside 8 analysts	$51.00 17.72% Upside	-0.9%
BUSE First Busey	Jun 26, 2026	BUY	Buy -5.3% avg upside 12 analysts	$32.00 9.12% Upside	-2.1%
CBSH Commerce Bancshares	Jun 26, 2026	HOLD	Hold +2.5% avg upside 17 analysts	$59.00 1.88% Upside	+0.7%
MBWM Mercantile Bank	Jun 26, 2026	HOLD	Strong Buy -7.5% avg upside 7 analysts	$60.00 5.20% Upside	+0.3%
HBT HBT Financial	Jun 26, 2026	HOLD	Buy -5.9% avg upside 6 analysts	$34.00 7.01% Upside	+0.1%
BFC Bank First National	Jun 24, 2026	HOLD	Strong Buy -2.0% avg upside 3 analysts	$157.00 7.25% Upside	+0.6%
EQBK Equity Bancshares	Jun 22, 2026	BUY	Buy +14.2% avg upside 8 analysts	$58.00 18.41% Upside	+4.5%
EFSC Enterprise Financial Services	Jun 18, 2026	HOLD	Strong Buy -9.4% avg upside 7 analysts	$67.00 2.54% Upside	+5.2%
ISBA Isabella Bank	Jun 15, 2026	HOLD	Buy -8.4% avg upside 2 analysts	$47.00 19.59% Upside	-0.9%
FNWB First Northwest Bancorp	May 05, 2026	BUY	Strong Buy +13.6% avg upside 2 analysts	$13.50 19.78% Upside	+12.1%
FMBH First Mid-Illinois Bancshares	Apr 30, 2026	BUY	Buy -4.2% avg upside 7 analysts	$52.00 8.19% Upside	+4.2%
CBC Central Bancompany	Apr 29, 2026	BUY	Strong Buy -3.6% avg upside 6 analysts	$31.00 0.18% Upside	·
MBIN Merchants Bancorp	Apr 29, 2026	BUY	Buy -23.7% avg upside 7 analysts	$58.00 19.33% Upside	+8.2%
GABC German American Bancorp	Apr 28, 2026	BUY	Strong Buy -3.8% avg upside 9 analysts	$51.00 8.01% Upside	-1.1%
IBCP Independent Bank	Apr 27, 2026	HOLD	Buy +24.3% avg upside 10 analysts	$37.00 3.10% Upside	+8.5%
QCRH QCR Holdings	Apr 27, 2026	BUY	Strong Buy -21.4% avg upside 9 analysts	$107.00 11.44% Upside	+3.8%
HBNC Horizon Bancorp	Apr 27, 2026	HOLD	Strong Buy +6.5% avg upside 8 analysts	$21.00 7.06% Upside	+10.3%
SRCE 1St Source	Apr 27, 2026	BUY	Buy -14.8% avg upside 5 analysts	$88.00 7.91% Upside	+9.7%
BY Byline Bancorp	Apr 24, 2026	BUY	Buy -15.7% avg upside 8 analysts	$37.00 0.50% Downside	+13.3%
FBIZ First Business Financial	Apr 24, 2026	BUY	Strong Buy -5.4% avg upside 5 analysts	$70.00 10.58% Upside	-3.2%
BWB Bridgewater Bancshares	Apr 22, 2026	BUY	Strong Buy -4.8% avg upside 5 analysts	$23.00 6.74% Upside	+18.8%
NIC Nicolet Bankshares	Apr 22, 2026	BUY	Strong Buy -13.6% avg upside 10 analysts	$183.00 11.15% Upside	+15.2%
WTFC Wintrust Financial	Apr 22, 2026	BUY	Strong Buy -5.4% avg upside 19 analysts	$188.00 15.81% Upside	+10.9%
BANF BancFirst	Jul 22, 2024	SELL	Sell -7.2% avg upside 6 analysts	$95.00 17.43% Downside	-27.1%
RBB Rbb Bancorp	May 29, 2024	HOLD	Hold -16.1% avg upside 6 analysts	$19.00 29.93% Downside	-7.0%
ASB Associated Banc-Corp	Oct 21, 2022	HOLD	Buy -11.6% avg upside 19 analysts	$23.00 25.15% Downside	-28.1%
ONB Old National Bancorp Capital	Jul 21, 2021	HOLD	Strong Buy +2.7% avg upside 17 analysts	$18.00 31.57% Downside	+0.4%
FFBC First Financial Bancorp	Jul 22, 2019	BUY	Buy -6.9% avg upside 14 analysts	$28.00 18.13% Downside	-39.7%
INDB Independent Bank	May 16, 2014	BUY	Strong Buy -2.8% avg upside 15 analysts	—	+23.9%

🔒 36 more ratings — with price targets, crowd consensus and our measured returns.

Free account unlocks every analyst's full coverage table.

Nathan Race — Frequently Asked Questions

How accurate are Nathan Race's stock ratings?

Based on the calls 13Foresight could measure, about 68% of Nathan's ratings were profitable over a one-year hold, with an average return of +3.6% per rating, or +0.9% versus the S&P 500. We score every analyst the same way, from historical prices.

How is Nathan ranked on 13Foresight?

Nathan Race is currently ranked #263 with a 5-star rating. Our rank blends hit rate, average return versus the market, and how many calls we have to judge — so a long, consistent record outweighs a few lucky picks. It is our own calculation, updated daily.

Which stocks does Nathan cover?

Nathan most recently has ratings on FRBT, BSVN, ALRS, MSBI, INBK, WTBA, UMBF, SMBC, SYBT, PEBO, PRK, OSBC and 29 more. See the full coverage table above for positions, price targets and our measured returns.

Where can I see other analyst ratings?

Browse the full analyst leaderboard to compare Wall Street analysts ranked by their measured performance, success rate and average return.

Disclaimer: 13Foresight compiles analyst ratings and price targets from publicly available sources. Performance metrics, rankings and star ratings shown here are calculated independently by 13Foresight from historical market prices and may differ from figures published elsewhere. This information may be incomplete, delayed or inaccurate, is provided for research and informational purposes only, and is not investment advice. The underlying ratings and opinions are those of the respective analysts and their firms; 13Foresight accepts no liability for any decisions made based on this data.

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