Sierra Bancorp (NASDAQ:BSRR) Price Target Raised to $48.50

Key Points

• DA Davidson raised Sierra Bancorp’s price target from $47.00 to $48.50 and maintained a “buy” rating, implying approximately 13% upside. However, the broader analyst consensus remains “Hold,” with a target price of $40.17.
• Sierra Bancorp reported quarterly EPS of $1.18, beating the $0.91 consensus estimate by $0.27, while revenue of $40.08 million also exceeded expectations.
• The stock rose 1.5% to $42.92 and is trading near its 52-week high of $44.00; institutional investors own approximately 55.4% of the company.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) had its price target boosted by DA Davidson from $47.00 to $48.50 in a report issued on Tuesday, Benzinga reports. The brokerage presently has a "buy" rating on the financial services provider's stock. DA Davidson's price objective suggests a potential upside of 13.00% from the stock's current price.

Several other equities analysts have also commented on BSRR. Weiss Ratings restated a "buy (b)" rating on shares of Sierra Bancorp in a research note on Monday, September 21st. Piper Sandler decreased their price objective on Sierra Bancorp from $40.00 to $39.00 and set a "neutral" rating for the company in a report on Monday, August 3rd. Finally, Raymond James Financial reaffirmed a "market perform" rating on shares of Sierra Bancorp in a research note on Monday. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sierra Bancorp has a consensus rating of "Hold" and a consensus target price of $40.17.

Sierra Bancorp Trading Up 1.5%

Shares of Sierra Bancorp stock traded up $0.62 on Tuesday, hitting $42.92. 157,461 shares of the company traded hands, compared to its average volume of 61,872. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.23. The company has a market cap of $556.24 million, a PE ratio of 12.55 and a beta of 0.76. The stock's 50 day moving average price is $39.97 and its 200-day moving average price is $38.06. Sierra Bancorp has a 52 week low of $27.42 and a 52 week high of $44.00.

Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last announced its quarterly earnings data on Monday, October 26th. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.27. The company had revenue of $40.08 million for the quarter, compared to analysts' expectations of $39.23 million. Sierra Bancorp had a return on equity of 12.38% and a net margin of 22.37%. Equities research analysts predict that Sierra Bancorp will post 3.55 EPS for the current year.

Hedge Funds Weigh In On Sierra Bancorp

Several institutional investors have recently bought and sold shares of the business. Legal & General Group Plc purchased a new stake in Sierra Bancorp during the second quarter worth $45,000. Ameritas Advisory Services LLC bought a new stake in Sierra Bancorp during the 2nd quarter valued at $94,000. Integrated Wealth Concepts LLC bought a new stake in Sierra Bancorp during the 2nd quarter valued at $94,000. Public Employees Retirement System of Ohio purchased a new position in shares of Sierra Bancorp in the 2nd quarter valued at $149,000. Finally, Corient Private Wealth LP purchased a new position in shares of Sierra Bancorp in the 2nd quarter valued at $216,000. 55.40% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Sierra Bancorp

Here are the key news stories impacting Sierra Bancorp this week:

• Positive Sentiment: Record Q3 results beat expectations: Sierra Bancorp reported quarterly EPS of $1.18, exceeding the roughly $0.90–$0.91 consensus estimate and rising from $0.72 a year earlier. Revenue reached $40.08 million versus expectations of $39.23 million. Sierra Bancorp Reports Record Quarterly Income
• Positive Sentiment: Profit growth was substantial: Net income reportedly increased 58% to $15.3 million, supporting investor confidence in the bank’s operating performance. The company also posted a 22.37% net margin and 12.38% return on equity. Sierra Bancorp Q3 2026 record earnings
• Positive Sentiment: Shareholder returns could provide additional support: Sierra Bancorp approved a stock buyback and a $0.27 dividend, signaling management’s confidence in capital generation and potentially improving per-share value. Sierra Bancorp approves buyback and dividend
• Neutral Sentiment: Short-interest data is not a catalyst: Although one report described a significant increase in short interest, it listed total short interest at zero shares and a 0.0-day days-to-cover ratio. That suggests no meaningful short-squeeze positioning based on the reported figures.
• Neutral Sentiment: Analyst and financial-news coverage is emphasizing the earnings beat, but the stock’s proximity to its annual high may limit near-term upside if investors take profits after the strong announcement.

About Sierra Bancorp

Sierra Bancorp is the bank holding company for Bank of the Sierra, a community bank headquartered in Porterville, California. Founded in 1977, the bank serves individuals, families, farmers, small businesses and commercial customers in California's Central Valley and surrounding communities.

Bank of the Sierra provides a range of banking products and services, including checking and savings accounts, certificates of deposit, consumer and residential lending, commercial real estate loans, business banking, agricultural financing and online and mobile banking.

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